The Washington times., 1916-01-12

to stockholders OF the Capital Traction
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 tlS,573.50
A debit Of Si9.64 for material and sup
plies left balance to be carried TO
to the profit and loss credit balance at
the beginning OF the year Of Si61, 1903.
gives q present profit and loss credit
balance Of Sl95,O1l19.
The total revenue from transportation
for the year 1915 was ~. .l9l, ,sSS.2 Oper-
ating expenses amounting to 52.22Z per
cent of the gross operating revenue. ieft
a net operating revenue of Sl,O5i, ,2UgbZ.
Deduction Of taxes asstgnable to rail-
way operation left an operating income
OF 1918, ,4O9.64, to which was addeu
$,b52.lS. representing incorporating IN
come, giving gross income OF Sy2l,-
The deductions for the interest on the
funded and unfunded debt and miscei-
laneous debts totaled $2S1 .36S32, maNing
the net income S643.07S.5O. Dividends
amounted to S6OO.OOO, leaving the surplus
The board OF directors was reelected
and is composed of George r.. Hamil-
ton. Henry Hurt, e.. J. Stellwagcn.
min w. Guy. ara John N. Perry.
The directors win meet late this
afternoon and elect officers. No
changes in the present official star are
Though not traded in, Washington
Railway and Electric commoI stock
Tsn Sisn the stsrngsSt Issue at t9dsys tN ess
change. On the regular call bid OF
S611, or a half a point above vcstsr-
days bill price. was made tcr 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
az 90 After call the same broKor was
on the floor for any part of quotation
American Grapbophone Company FIRST
per cent bonds. listed a few days ago
on the local board, found g good market
at 80. $500 worth changing hands at
that figure.
The Washington Gas Light Company
has declared the regular quarter'v dirt-
derd Of $1,20 per share, payable Febru-
ary to stockholders of record January
IS. The transfer books will not be
closed.
The stockholders OF the Park Savings
Bank met late Yesterday afternoon and
elected as directors for the year 1916
G. e, Altemus, w. II. Atkinson. r. W.
Bolgiano. L. f. BreuninRer. c. 8. Bundy,
J. w. Cox. Fl. F. Hismer. j. 0. Gheen.
G: u. GROSS. c. #. Jenkins. A.. F. Jorss.
w. II. Klopfer. B. Leonard. G. c. MUIR
ray. p. j. Nee. II. A. Polkinhorn. S. j.
Prescott. A. 7. Ramsay. T. Somerville,
J. r. Somerville w. B. Todd. w. M.
Wsiles. G. E. Walker. w. d. West. and
With the organization of the board.
which took place Immediately following
the election, the officers of the bank
were chosen without any change. They
are Thomas Someryille, president:
Lewis f. BreunInger. Walter II. Klopfer.
vice presidents: w. B. Todd. secretary:
Robert S. Stuntz. cashier. and Joseph
w. Cox. attorney
At the annual meeting of stockholders
of the United States Savings Bank. held
late Yesterday. William r. DeLashmutt
was added to the board of directors.
This was the only change made in the
directorate. The other directors are
William, ID. Barry. Oscar Baum. Thomas
T.. Cooper. Wade H. Cooper. w. T. Da-
Wis. r. A; Dore. Charles A. Goldsmith.
James l.. Karrick. w. e. G. Penny, John
The officers. all of whom were re-
elected. are Wade H. Cooper. president: I:
W. ID. Barry. vice president; Wilbur II.
! Zepp vice president. and w. r. De-
| Lashmutt. cashier.
Directors OF the Columbia NationaI
Sank, selected yesterday, have met ana
reelected their officers. They are Al
bert F. Fox, president; Charles b.
DALEY and Benjamin w. Guy, wee
presidents; Clarence Corson, cashier;
! and Albert N. Mitchell, assistant
cashier.
No changes were made in the per-
sonnel of the official stafK OF the
Franklin National Bank when the boaru
of directors organized today. Tho oni-
| GERS are John B. Cochran, president;
X, s. Turk. vice president; j. FendaI
Cain. cashier, and John K. Benton, as
sistant cashier.
At the annual meeting OF stockholders
of the Home Building Association neId
last night, the Officers elected were
Richard h. Claughton, president: An
son s.. Taylor and William T. Galnner,
vice presidents: James NJ. Woodward,
| treasurer. The directors are George w Z.
| Linkins, Charles N. Moore, William X.
Reeve, ]. Paul Smith, Fred L. Vogt, ana
Madison Whipple.
The treasurer submitted a report
showing assets of 1888, 2OS.1O.
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
president. William p. Richards; treas
urer. Floyd E. Davis; secretary. CIar-
ence l. Gessford; directors. Henry p.
| West. Melvin c. Hazen. Clarence l.
Gessford. Floyd e. Davis. William p
Richards, Nathan Hazen. John B. Muir.
ray. Alfred H. Taylor. and Alpheus e
Riddle: attorney. G. Clinton James, and
trustees. Dr. Ernest M. Colvin and Wal.
ter q. Davis. A dividend of per cent
on the stock of the association was de-
claTed.
| Net operating revenues ~ large ex-
| press companies for September COM