Newspaper Page Text
THE WASHINGTON TIMES, SATURDAY, JANUARY 18, 1913. m
" XX. ,''
WASHINGTON AND NEW YORK FINANCIAL NEWS
IMPENDING RATE CASE
; DECISION CAUSES
. TRADE TO BE DULL
StiPaul Wavering Hill Stocks,
'Steel, Union Pacific, and
- Reading Advance.
NEW TORK. Jan. IS. Although
stocks continued dull today, the tone
ot prices was better and there -were
few losses In the list. The rally at the
close yesterday was fairly well main
tained. Of course, the expectation
again of a decision in the Minnesota
rate case had a tendency td restrict
St. Paul opened weak and was unable
to make-up its Jose, and Southern Paci
ficwas'pracllcally off." The Hill stocks
showed gains. Steel, Union, and Read
ing: made small gains. Texas Oil gained
inree points, virglnia-uarolina Chemic
al recovered from Its weakness of yes
terday and made a net gain of a point
The v London market for Americans
showed a similar firmness, without any
There has been withdrawn from the
subtreasury 13)0,000 gold coin for a ship
ment to South America. A dividend of
6 per share, ias been declared by the
Prairie Oil and Gas Company, the same
allowance as was paid November 30
New York Market.
2714 28 I
52, 52HI 514
52 I 52
(By Timet' Direct Wire.)
AmaL Copper. 73H 72H 72'A I 72
Am. Beet Sug, com.... S6K 3SH
American Can 2SV4
American. C. & P.... 52
American Cotton Oil. 52
Am. Locomotive 39ft 3SU 36H I S9H
Amer. Ice Secur 2( 21 i 24 52
Amer. Smelting 72K 7M 71 I 7li
Aw. Tel. & Tel 133H132H 133H 1 13254
Am. Tot .282 2S0,2Hm 1 280
Am. Tob. pfd., new..tMV4 1MH IMV4HNV4
Anaconda, 374 37 37 37
Atchlror join m 10m tOiH
Am. Writ Pa., pfd. 304 3014 S04I
At. Cat. Lin 12P 123H 129H I 125
Beth. Steel 33H 37H 33H I 33tt
CaL Petrol 53 52U 53 I 5H4
Can pacific 212 22 :12KI242
Central Leather 27 27 27 I 16
76H 76 76HI 75
Ches. & Ohio...
C. C. C & St. L, com. 53 53
Chlno Con. Cop M 43H
53 I 53
43 1 43H
13 I 16V4
Sales Today on the
Commercial National "Bank. 10198, 15
197. 10S196. 108196. 1C197. 10ffl96. 5T
97, .10197, 10197. 10197. 10Q197. 108197.
10188, 10197, 10S197. 10197. 100197. 10
OWB, 10SOS8. 1WI139. 1V&133. 10B199, lOJp
Lincoln National Bank, 1152.
Rlggs National Bank, 55S5.
Chapln Sacks. lOglfil.
-Sfter call Capital Traction 5's, Jl.OOO
Washington Railway and Electric 4's,
Washlntgon Railway and Electric pre
Wholesale Produce Market
EsfsfJeartov ..fresh,, 24&2Sc; Southern. 2J
Chms-Sew York, new. 23c lb.: Bat. 19c
Butter Elgin print, :5c lb.; tub. 12c per
lb.; process". Hc lb.
live Poultry Hena. HSISc; roosters, lfta
10c per lb.: turkeys'. JSglSc per lb.; chick
ens, large. liglSc: medium. 16618c per lb.
Dressed Poultry Turkey. X$Sc per lb.:
hens. llfflBc per lb.: ducks. 17c per lb.;
chicken. 21c per lb. '-'
Green Fruits California Granger. t3.WC2S
per box: lemons. S5 65 per box: pineapples, per
crate. 33.75; Florida grapefruit, H-ZJ per
box: tangerines, tl.15 per box; -apples, ti40
iS per. MO.
Meats. Dressed Lightweight pork. 10811c
per lb.: beaxler. lOSlOlSc. -
Vegetables Potatoes. Sic per bit.: celery 3Xe
Mr doses: yams. ll.0031.Jo oer bbt.: os.aca,
0c per crate: cabbage. S5c per 100 lbr.1
lettuce. 1.30eLS0 per basket; beets. 51.10
Jl JO per 100 bunches; squash J1.000 bbU: sweet
potatoes; ILRptr WI.: lima beans. Uo
per Qt.;. cranberries. 12Hc
Chi. & Great W 16 16
Chi. & N. W 135 l35Vi 13SU 1 135
Chi.. M. & St P 112U 112 112 1 112V!
Consolidated Gas....l37 137 137 I I37V4
Del. & Hudson 166 166 166'l 163
Distillers' SecurtUes,li 18 -JM4-U 1SH
Erie 'coVi jo r0Vi'f"T!OV4
Erie 1st pfd 47 47 47 I 47
Goldfleld Cons 24 2 2 I 2
Great Northern pfd. 127 126 127 1127
Great North. Ore.... 3SU 33 38V4' 3814
Interboro Met. 17 17 17 I 17
Interboro Met., pfd.. 60 C0H 60 I 60
Lehigh Valley. I60V4 159 15tHll59H
Lou. & Nash 140 130il0 1139
Mex-Petrol 72 71 72 I 71
Missouri Pacific 40 40 40WI 40
Nat. Biscuit. com.... 119 11 Mi 119 1120
Nat. Lead 49 4SH 49V4 I 49
Nev. Con.Copper 1SH 1S4 18V4 I 1SH
N. T. Central .107 107H I07V4 1 10i
Norfolk & West.. ......112W U2H U2V4H2Vi
Northern Pacific 116U 11SV. 118H 1 1I8U
Peo. Gas. of Chi 115 115U 115U 1 114i
Penns. R. R. ...122 122Vi 122V4 1 1KV
Pres. S. Car.-com.... 33 33 S3 I 33H
Ray ConioL Coppar.i mi 19V4 1SV4 I mi
Rep. Iron St Steel 24 23H 23V4 I 24
Reading 162H 161 162H 1 16254
Rock Island 22 22H 22V4 I SVi
Rock Island pf 39V4 39V4 39H ( 39K
South. Pacific lOiU 104H 105 1 105U
South. Railway 26v4 26i MT4 1 26H
Tennessee Copper.... 34T4 34T4 S4U4 B4li
Texas & Pacific 21H 21 21 I 21 Vi
Union Pacific 158 156 157 1 157H
U. B. Rubber, com 66V4 65H C6 I C6
U. S. Steel 63H C2VI 63 I 62H
U. B. Steel' pf. 109V410PV4 103mi09V4
Utah Copper. 55Vi 55 5SVi 55
Va.-Car. Chemical.. 38V4 J7 37T41 37
Western Maryland.. 41H 41H 41K I 41
Woolworth 10SH 103 103 1106V4
U. S. Reg. 1MJ4 1WH
U. 8. Coupon r 100 1MJ4
U. S. Reg. 3-s f. 102 103H
U. S. Coupon Ts 1KH 1034
U. S. Reg. A'8 11SV4 U4H
U. S. Coupon 4's .-. llfli H54
Geo. Gas Cert. Ind. B'a 103
Georgetown Gas 5's 103
Washington Gas 5's 110
Cap. Traction R. R. 5's
Anacostla & Potomac 5's....
City & Suburban 5's
Columbia R. R. 5's
Columbia R. R. ffs ,..,
Metropolitan R. R. 5s
Wash. Ry, & Elec 4's
Wash. Alex. & Mt. V: 5's...
Potomac EIcc Cons. 5's 100H
Potomac Elec Li. 5's. 104i
C. & P. Telephone 5's...
Amer. Tel & Telga. 4's.
D. C Paper Mfg. 5..
Wash. Market 5's 1927.
Wash. Market S's 1347.
W. M. Cold Storage S's,
N. & W. Steamboat 5's 1044
Rlggs Realty S's (Long) 102V4
Riggs Realty S's (Short) 101
Atch. Convert, i'a..
B. & O. Gen. 4's...
CB. & Q. olnt 4'..
C.R.L & Pac. 4's...
Int. Metro. 4V4's
U. S. Steel 2d 5's...
.102 102 102 HOlVi
. S7V4 S7H S7V4I 97
P5H KK ?il H
. C5 64K 64U I 65
SO 78 SO I 79
101H 10114 101 1 101
Confer With President
About Land in Colon
Secretary of State Knox. Secretary
ofrWsr Meyer. W, T. S. Doyle, and
Frank Fanlelle. counsel for the Pan
ama Railroad Company yesterday con
ferred with President Taft regarding
negotiations now pending with the Re
public of Panama for additional land
PUBLIC UTILITIES STOCKS. ,
Carjltal Traction 121 125
Wash. Ry. A'Elec. com. 85 87Vi
Wash. Ry. & Elec. pf 90 91
N. & W. Steamboat 201 209
Washington Gas Z. 84 84
Georgetown Gas 75
Eastern Light & Fuel 120
Amer. Tel. & Telga 123
TYPE MACHINE STOCKS
Mergenthaler Linotpye 217 220
Lanston Monotype S8 3'4
, MINING STOCKS.
Greene Cananea 8
NATIONAL BANK BTOCKS.
American Nat .Bank 172 ,,185
Capital Nat Bank 220
Columbia Nat.' Bank...". 250
Commercial Nat, Bank 139 300
District Nat. Bank 143 ISO
Far. & Mech. Nat. Bank 248
Lincoln Nat., Bank 151
Metropolitan Nat, Bank 203 215
Rlggs Nat. Bank 5W
Second Nat, Bank ISO 1S8
Nat, Bank of Wash 246 256
TRUST COMPANY STOCK8.
Amer. Sec. & Trust. 305
Union Trust , -... 137 133
Wash. Loan & Trust 235 200
United States Trust 138 143
SAVINGS BANK STOCKS.
Citizens Sav. Bank 1 22
Home Savings 325 ...
Union Savings 24S
Bank of Com. & Sav 12 17
East Wash. Sav. Bank 15 17
FIRE INSURANCE STOCKS.
Arlington Fire Insurance 16 21
Corcoran Fire Insurance 80
Firemen's Fire Iusurance.... 19 22
Franklin Fire Insurance 80
Ger. Amer. Fire Ins 269
Nat. Union Fire Insurance.. 7
Potomac Fire Insurance 30
TITLE INSURANCE STOCKS.
Columbia Title insurance 6 ...
Real Estate Title Ins. 95
Chapln Sacks 160 220
D. i- Paier Mfg; Co 1.... 134
Grapho.i com 40 BO
Grapho Prerd 7a m
Security Storage 210
Washington Market 17 ...
Bribe Was Counterfeit.
MADRID. Jan. 18. Forty-flve dollars
was found In a pie sent to a convict
here, to bribe the prison officials. The
latter were Indignant when they found
the money to be counterfeit.
RE-ELECT OLD MEN
Officers of Railway Company
Are Not Changed by Vote of
Capital, $750,000.00 Surplus and Undivided Profits Over $500,000.00
Resources Over $7,000,000.00
THE GROWTH OF WASHINGTON
during the past eight years and more
is reflected in the growth of The Com
mercial National Bank.
And as the National Capital will con
tinue to grow and prospsr, so will this
bank continue to grow and prosper.
No change has been made in the
bank's business policy, nor is any change
Consult us about your business and
financial needs we'll serve you faith
fully and well.
Ashton G. Clapham President
Eldridge E. Jordan Vice Pres.
Tucker K. Sands Vice Pres.
Arthur Lee Vice Pres.
Frank E. Ghiselli. . .Asst. Cashier
Herbert V. Hunt.. .Asst. Cashier
James A Cahlll
Ashton G. Clapham
H. Klnr Cornwell
II. Bradley Davidson
K. Golden Donaldson
Wade H. Kills
Charles J. Faulkner
Samuel J. Henry
Kldrldge E." Jordan
Arthur E. Kandlo
Tucker K. Sands
O. G. Staples
John P. Story. Jr.
Ge6. Tully Vaughan
The Commercial National Bank
Cor. 14th and G Streets
THE BANK OF PERSONAL SERVICE
No change in the officials or directors
of the Washington Railway and Elec
tric Company, the Potomac Electrlo
Power Company, and the subsidiary
companies, was made at the annual
election today. Neither was the ques
tion of exchange of securities with the
Washington Utility Company brought
At the meeting of the Washington
Railway and Electric Company, the Po
tomac Electric Power Company. George
town and Tenleytown railroad. City and
Suburban Railway Company of Wash
ington, Brlghtwood Railway Company.
Anacostla and Potomac River Railroad
Company was held at noon today at the
offices of the company. Fourteenth and
East Capitol streets.
Many Stockholders Present.
A large representation of the 2,100
stockholders of the companies was pres
ent, and elected the following directors
for the ensuing year: Milton E. Ailes.
Woodbury Blair, W. B. Hlbbs, William
Loeb, Jr., Charles J. Bell, William F.
Ham. C. P. King. Clarence F. Norment.
and George Truesdell. Immediately af
ter this elecUoir the directors organize,
and elected the following officials and
heads of operating departments:
Clarence P. King, president: Wil
liam F. Ham, vice president; C E.
Brown, treasurer: F. R. Bowen. secre
tary: W. I. Clarke, assistant secre
tary; J. J. Darlington, general coun
sel: George P. Hoover, attorney: F.
J. Whitehead, manager of the claim
department: C S. Kimball, engineer
of way; J. T. Moffatt. superintendent
of transportation; W. A. Wenner,
master mechanic: R. W. Crowll,
purchasing agent: I. W. Glazebrook.
medical officer; L. E. Sinclair, general
superintendent of Potomac. Electric
Power Company: E. S. Marlow, man
ager of the commercial department,
Potomac Electric Power Company.
Auditors Work Over Books.
After adjournment luncheon was
served. The annual report was not
presented, the, American Audit Com
pany still being engaged In making an
audit of the books. It was ptated, how
ever, to the stockholders at a sub
stantial Increase of earnings could be
shown for the year.
Charles A. Douglas will deliver the
first lecture In the course on the law
of negoUable Instruments before the
Washington Chapter, American Insti
tute of Banking, at the chapter rooms
next Wednesday evening.
J. Selwln Talt was re-elected nresl
dent of the Washington and Southern
Bank at the annual meeting of the
directors yesterday. At the annual
meeting of the stockholders, which pre
ceded the meeting of the directors, the
following directors were cnosen:
C. C Calhoun. Robert H. Chapman,
H. B. Denham, Alan P. Hume. Thomas
P. Morgan, Jr., C. Mulllken, C. H. Pep
per, C. H. Rldenour. J. Selwln Talt, and
Robert .T. Wynne.
The board elected the following
officers: President. J. Selwln Talt; first
vice president, RoDert J. wynne, second
vice nrealdent. Charles Mulllken. third
vice president. Thomas P. Morgan; Jr.,
casnier, Ira a. jjairympie; secretary,
Although the bank has only been In
existence since last April the annual
report was extremely satisfactory to the
stockholders. Capital stock, S6S.S02; sur
plus. J17.22S; deposits, commercial.
$274,184.73, and deposits, savings. S19.813.0B.
The deposits at the main branch totaled
$306,022.57, and at the Center Market
New York Curb Market.
Fcrnlihed to Tha Washington Timet by
Hrrtmn Co.. Kiw York: O. B. Chlpmsa
tnanarir local branch. Colorado Bulldlnr.
Amrlo-Am. OH 17 IS
Amn. Marconi 17 18H
Bay State Gas .............. tb t&
Braden COODer 9tt 9H
British 'Col. Copper. 4 4
Chicago subway 3
Cobalt Iake v
Glroux Mining 3&
Kerr Lake ... -H
La Rose Con.. ........ ... b
Manhattan Transit lfV
Nlplsslng Mines 8
I Ohio Copper 1
PorcUDlno Gold .17
IntnnrlnrH Oil! X. J. 427 429
Tonopah-Belmont sva &7
Tonopah Mng. of Nevada 5 6H
Trl Rulllon -ft
United Cigar Stores 107 107
i United Cigar 8tores, pfd 116 117
Yukon Gold 3 3
Globe Furniture Co., Inc.,
We, the undersigned, the President and
majority of tbe Board of Trustee of the
Globe Tumtrora Co., Inc., of Wuh!nton.
D. C da neraby certify that the Capital
Stock of tm said Corporation I S25.000. 13.000
of irTUCfc taia bean actually paid In, and that
there am s.241.2f exlitinr debts.
PRESTON C PHILLIPS.
I, Mitchell Hanion, Secretary of the Globe
Furniture Co., Inc., of the Dlitrlct of Co
lumbia, do hereby swear that the facts stated
in tbe above certificate are true to the beat
of my knowledg-e and belief.
MITCHliLL HAN80N. Secretary.
Subscribed and sworn to before me. a No
tary Public In and for the District of Co
lumbia, this ISth day of January. A. D. IMS.
HILART T. WINN.
(Seal.) Notary Public. D. C
My commission expires April 14. 1917.
It Is a Relief to Know That
Your Money is Safely Invested
When Investing in real estate you have the opportunity of
thoroughly Investigating the security. Tou also know, at all
times, exactly where your .money Is Invested. Real estate Invest
ments are by far the most satisfactory.
First deed of trust secured on Improved D. C real estate at 5
and 6 per cent Interest
Second deed of trust secured on Improved D. C real estate,
"gilt edge security," 10 per cent discount, 6 per cent Interest.
First-class Investment properties paying from 10 to IB per
Homes of all classes and in all sections of the city.
We have applications for loans In amounts from $500 up to
Our list of homes and investments contains the best properties
and best propositions offered on the market.
Our long- experience and expert knowledge of real estate will
be of valuable assistance to you In selecting your Investment.
Headquarters for high-class real estate Investment securities.
GARDINER & DENT, Inc.
812 14TH ST. N. W.
Established 99 years in the same locality
is the record of the
National Metropolitan Bank
Opposite U. S. Treasury
GEO. W. WHITE, Prraldeat.
CUNO H. RUDOLPH, Vice President. GEO. O. WALSOX, Caler.
O. II. 1. JOHNSOX. Vice President. J. GALES MOOHE, Auditor.
Accounts of All Sizes Invited
Money to Loan at Lowest Rates
THE FIDELITY STORAGE COMPANY an
nounces payment of Its regular semi-annual
dividend of 3 pajable to stockholders of
record January 1. 1913.
The Safest Investments
Ara tries that do eat fluctuate durlna dis
turbed condition of lbs inonar or stock mar
kits. First deed of trust nates (first mort
Pi fee), well secured om reel cstata la tka
Utrlct of Columbia, constitute "alU-edi,--tnrestmenta.
They do not depend upen tna
Bnanclal responsibility af Individual or oar
orations for their stability and ara exempt
tram taxation as personal property. We caa
tupplr such Investment In amounts from
IK upward. Send far buaklaL "Cuaoerala
Loana and Investments."
SWARTZfcLL, RHEEM &
BJ UTU fa-TKja.T ' w.
OUT OF WORK?
YOU LOOK UP
THE TIMES WANT ADS?
Tke WaskiagtoB Loan & Trait C.,
Capital aid Sarplat, $2,600,000.
Comer 9ta aad FSfcee. N. W
Washington. D. G
n m m
n fl ft &
m tr $
IS S J
m 7K h ft & $
i$ m. b f if
& fit m m $
IE It & 9
ft fir m t
m m ft m m g $'
m ? s fi h. ft
f 31 ft K 9 fir
m s m - ft s
& a l f m m
22d Annual Statement
OF TME t'
OF THE DISTRICT OF COLUMBIA
WASmUfGTOrf. 9. C.
Full Paid Capital, $430,790.00.
Mortgage Loans (first liens) .... .$217,900.00
Cash in Bank and Office 70,323.46
Real Estate (cost price of undivided
one-half of equity)! -...-. 139,059.25
Value of equity in Southern Building
over purchase jrice as fixed by the
. last official appraisement of the In;
' surance Department of the District
of Columbia 210,940.75
Accounts Receivable 75,173.55
Accrued Interest and Rents ' 15,01 1.84
Bonds (Market Value) :
City of Atlanta, School
City of Richmond Public Im
provement !....,.. 10,615.00
American Telephone and
Telegraph Company (Col
lateral Trust) . . . i 4,437.50 -
City of New York Corpor
ate Stock 10,437.50
City of Seattle, Park Bonds. 10,000.00
City of Asheville, Water . "
Works Extension and Im- .,
State of New York, Canal
Improvement,- Erie, Os- . "
wego, Champlain. . , 50,250.00 -
Virginia Railway and Power
Atchison, Topeka and Santa
Fe Railway Co. General
Mortgage Gold Bond 24,250.00
Union .Pacific Railroad and
Land Grant (Gold Bond) 24,812.50
Chicago and Northwestern
Railway Co. General Mort
gage Gold Bonds 24,468.75
Washington Railway and ,
Electric Co. Consolidated '
Mortgage Gold Bonds... 9,171.25 197,342.50
Surplus to Policyholders, $704,1737.
Reserve for Fire Losses $40,229.91
Unearned Premium Reserve 165,550.43
Accrued Intersst and Taxes . . . . 12,957J0
Miscellaneous Liabilities ........v... .2,833.84
Capital Stock, fully pi4
up .,....... $430,790.00.
Capital Stock, partially - " U- -
paid up ' 29,829.41-
Surplus over aft' Liabili- V ' '
ties ,'... 243,5596
Surplus as regards Policyholders..... 704,17937
. i- ) -cr'.t vjac- V - &t 'j
:-4- -Va-sf -' -WtV
-3 i. .4 i . 4 - If
, , J -'-' i - Vi Z25f!
- -, fw' ir,?,f . . jwi'v
r --, , 5 f . i .
, -J . ' , -
I hereby certify that I have made an examination of th
books and accounts of the Commercial Fire Insurance Company
of the District of Columbia as and of December 31 1912. and
the above statement is a true statement of the condition of the
Company as and of that date. S. H. WOLFE.
FIRE INSURANCE COMPANY
OF THE UNITED STATES
WASHINGTON, D. C
Full Paid Capital, $320,675.00
Mortgage Loans, first liens $143,850.00
Cash in Bank and Office 159,740.54
Real Estate, cost price of undivided
one-half of equity 134,240.80
Value of equity over purchase price
of Building on basis of appraisal for '
the Insurance Commissioner of the
District of Columbia, on the date
of October 28, 1912 210,940.75
Accounts Receivable 6,400.66
Accrued Interest and Rents 13,353.95
Market value of Bonds:
State of N. Y. Loan for
Canal Improvement $25,125.00
Va. Railway and Power Co. 9,450.00
City of Danville Refunding
Southern Building Corpor
ation Gold Bonds 25,000.00-
State of New York High
way Improvement 50,250.00
U. S. Government Bonds.. 10 1,200.00
Southern Pacific 23,312.50
New York Central 17,300.00
Great Northern 10,037.50
Bethlehem Steel 19,175.00
Surplus to Policyholders, $952,466.87
Reserve for Fire Losses.. .......... $1 62.50
Unearned Premium "Reserve . . . ,v 6,909.25
Accrued Interest and Taxes - 8,10237
Miscellaneous Liabilities : 1,73521;
Capital Stock fully paid
Capital Stock partially paid
up ., 167,612.50"
Surplus over all. Liabili
Surplus as regards policyholders 952,466.87
I hereby certify that I have made v an examination of the
books and accounts of the First National Fire Insurance Company
of the District of Columbia as and of December 31, 1912, and the
above statement is a true statement of the condition of the Com-
pany as and of that date. S. H. WOLFE.
Mr. Wolfe is the Consulting Actuary for the Insur
ance Departments of a number of States, including
Maryland, Virginia, Georgia, Maine, Alabama, Min
nesota, Texas, and Colorado.