Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-02-02
CAPITAL TRACTION CO.
MAKES FULLER REPORT
Paying Passengers Carried During
Year 1915, 51,003,735, Com
pared With 52,227, 070 in 1914.
Tenleytown and Georgetown System
Run at Defcit-Local Securities
Quiet, Fairly Steady-Notes.
BY I. A. FLEMING.

BY I. A. FLEMING.
The pamphlet report of the Capita
Traction Company for the year 1915 has
been sent out to shareholders.
The company carried during the year
4O,55O,176 passengers on tickets at 1t
cents. as compared with u.712.460 pas
sengers paying Ike fares in 1914; 1886
529 passengers paid full cent fares.
against e.660,o44 in 1914: while $4,000
passengers rode on communication tickets
as compared with 1906 in 1915. The
total paying passengers carried in 1915
was 5l.0Oa.7S5. as compared with 52.221.-
o70. in 1914, loss of 1,223,33o passen-
gers.
The company also carried 17.1So.92i
passengers for which it received trans
fers. as compared with l7.452.370.
The road and equipment of the COM
pany are valued at S17,s02.Oss.0I. and
the total assets at $1s,4S6.361.S0 The
profit and loss account at the close
of the year showed a credit from net
income December 81, 1915, of s43,523.SS
and total profit and loss balance Of
During the year s1o2.ss1.s1 was ex-
pended on way and structures and
sl1s.S17o7 on equipment. Power"
charges in the aggregate we're $751;
BAN, and 1t cost s571.614.29 to con-
duct TRANSPORTATION which. with ST.
1874 for advertising: made the total
Net capital expenditures during 1915
was s4,921.60
The company operates 2o6 double
truck closed motors, pay within type;
81 double truck closed motors. pay-as-
you-enter type and 81 double truck
open motor cars. 1873 closed and open
traiIers and 80 service cars. obsolete
equipment consists of twelve single
truck cars, a total of 1o2 cars Of all
descriptions
In addition 20 the 2ia per cent of
operating revenues usually set aside
for appreciation, the directors ordered
this fund increased by s15,09S.24. and
charged It. for the first time. through
the operating account. A further sum
of $3.50 to the merit fund was charged
for the first time to operating account.
During the year the company sold
s11S.500 of its per cent bonds, leaving
the outstanding issue at the close of
the year s5,S00,000 outstanding and
$4,000 of the authorized issue still in
the treasury of the corporation, to be
sold in the future as the needs of the
company demand.
Bonds to the value of $1s9,o00 are
owned by the company's insurance re-
serve fund, upon which the company,
under a ruling of the public utilities
commission. cannot pay interest, re-
to s5.S11,00o.
Condition of the Treasury.
The condition of the United States
Treasury yesterday was:
:, Net balance in general fund. $11s,-
s7s.ss7
Total receipts. s3.1o3.227.
Total payments. s1.431.32S.
The deficit this fiscal year is s51,331.-
ss4. against a deficit of S64.O4S,32S last
year. exclusive of Panama canal and
public debt transactions.
Local Securities.
Moderate investment buying marked
the afternoon session of the local ex-
change. Potomac Electric consolidated
IS sold at 9s% and Washington Gas
5s at 10S.
A number of odd lots of Capital
Traction shares changed hands at So. a
fractional recession In price.
Railway preferred selling at SO also
showed some weakness.
Washington Gas sold at AN. Union
Trust Company shares changed hands
At 100.
Georgetown and Tenleytown Report
The Georgetown. and Tenleytown Rail-
road Company in its report shows
that It's capital stock is 100000 that
the total number of passengers car
ried was 2.4o6.7ss: that the receipts
from passengers in the District were
s1l.soo.s1. The average fare per pas
senger carried. inc. uding transfers
was 1876 cents. The total receipts
from all sources were given as si2,-
5f9233 The total oueratinR expepsss
and repairs were s6i,259.63. The total
operating expenses plus other charges
amounted to sI0l.266.a6. The deficit FOR
the year was s2s,113.74.