The Washington times., 1916-01-12

Company at their annual meeting today
shows a surplus for the wear, after de-
ductions for interest on the funded and
unfunded debt, miscellaneous debts
and dividends, of Si3,573.50.
A debit of S49.64 for material and sup
plies left balance to be carried to
profit and loss OF s+3. .523.s6. which, added
to the profit and loss credit balance at
gives a present profit and loss credit
balance OF $l95.01i.l9.
The total revenue from transportation
for the year 1915 was 81 .l91 ,93o.2. Uper-
ating expenses amounting to 52.222 per
cent of the gross operating revenue. lert
a net operating revenue of sl,Ooi 2c3.b
Deduction of taxes assignable to rail-
way operation left an operating income
OF 1913 4O9.64, to which was addeu
S6,5j2lS. representing incorporating IN
s41.S2
The deductions for the interest on the
laneous debts totaled s2s1 .36s. .32. ma;<ins
the net income s643.5735O. Dividends
amounted to s6Oo,ooO. leaving the surplus
or :3.aT3.jo.
The board oi directors was re elected
and is composed of George E. Hamil-
John 5. iarcomb, D. s. carli Peija-
min w. Guy. ara John NJ. Perry.
,tss,cin The directors viii % NEE, ,ooa, late ttis
changes in the present official stan are
conten'plted
Though not traded in. Washington
Railway and Electric cormo, stock
vas the stringest Issue at todsvs ses-
sion of the Washington Stock EN-
change. On the regular call u bid of
SSH. or half a point. above vcst.r-
days bill price. was made for any part
of 100 shares. and the broker seeking
the stock asked for options on frNm
100 TO 800 shares. offering to pay as high
as 20. After call the same broK"r was
on the floor for any part of a qIotation
American Graphophone Company FIRST
rer cent bonds listed a few days ago
on the local board. found q good market
at e9. $3.50" worth changing hands at
that figure.
The Washington Gas Light Company
has declared the regular ausrter'v div
derd Of H.2o per share. payable FeDru-
ary ] to stockholders of record January
IS. The transfer books will not be
closed.
The stockholders Of the Park Savings
elected as directors for the year 1915
G. G.. Altemus. w. Fl. Atkinson. F. w.
Bolgiano L. f. Breuninger. c. s. Bundy.
j. w. Cox. Fl. F. Hismer. J. o. Gheen.
G, f. Gr9ss. G. F. Jenkins, A, F. Jorss.
ray. p. J. Nee. Fl. A. Polkinhorn. S. J.
Prescott. A. 7. RAMSAY. T. Somcrville.
J. r. Somerville W. B. Todd. w. NJ.
Wales. G. f. Walker. w. D. West. and
e. c. Wineberger.
With the organization of the board
which took place Immediately following
the election. the officers of the bank
were chosen without anv change. They
are Thomas someryille, president;
Lewis f. Breuninger. Walter Il. klopfer.
vice presidents; w. B. Todd. secretary;
Robert $. Stuntz. cashier. and Joseph
W. Cox. attorney.
Of the United States Savings Bank. held
late Yesterday. William r. DeLashmutt
YVES added to the board of directors
This was the only change made in the
William. d. Barry. Oscar Baum. Thomas
r. Cooper Wade II. Cooper. w. r. Da-
Wis. r. A. Dore. Charles A. Goldsmith
James l.. Karrick. w. f. G. Penny. John
j. SheehN. and Wilbur II. Zepp.
The officers. all of whom were re-
elected. are Wade II. Cooper. president
w ID. Barry. vice president Wilbur II
Iepp vice president. and W. II. De-
Lashmutt. cashier.
Directors OF the Columbia Nationa,
sank. selected yesterday, have met ana
reelected their officers. They are Al
pert ,s F. Fox, president. Charles Is.
Daley and Benjamin W. Guy, wee
and Albert N. Mitchell, assistant
cashier.
No changes were made in the per
sonnel of the official staff or the
Franklin National Bank when the boa ru
OF directors organized today. The OIL
GERS are John B. Cochran, PRESIDENT,
II. 5. Turk. vice president; j. Fendau
Cain. cashier. and John e Benton, as
sistant cashier.
At the annual meeting OF stockholders
of the Home Building Association, neIa
last night, the officers elected were
Richard h. Claughton. president: An
son s. Taylor and William r. Galnner
vice presidents: James NJ. Woodward,
secretary; and Edward s. Westcott.
Linkins. Charles n. Moore, William n
Reeve. J. Paul Smith, Fred l.. Vogt, and
Madison Whipple.
The treasurer submitted a report
showing assets of 1888, 20Sl0.
Melvin c. Hazen was reelected presi-
dent Of the Columbia Perma nent Build
ing Association at the annual meeting
of the association last night. Other Of
ficers were reelected as follows: Vice
urer. Floyd f. Davis; secretary. Clar-
ence l. Gessford: directors. Henry p.
West. Melvin c. Hazen. Clarence 7.
Gessford, Floyd E. Davis. William p.
iNiShai Us -NdtHdn ridheh. Jnnn -. Muf-
ray. Alfred II. Taylor. and Apheus T..
Riddle: attorney. c. Clinton James. and
trustees. DR.. Ernest NJ. Colvin and Wal
ter q. Davis. A dividend OF per cent
on the stock of the association was de-
clareG.
Net operating revenues ~ large ex-
press companies for September COM
piled by the Interstate Commerce Com
mission today. are: Adams Express
Company. $2S2. 7S5: American Express
Company. 1884 sos; Canadian Express
Company. s3S.056: Great Northern Ex-
press Company. $3S,757