The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-01
CAPITAL TRACTION
EARNED SlOl,ll5.47
lin SEPTEMBER, 1921
Net Income for August
Totaled S9S, O97.02 and Z
$105,4 4S.91 Year Ago.
}oTHER LOCAL NOTES
Nh agnes to Lecture = New
Brokerage Office to Open.
Local Bank Clearings.
,OTHER LOCAL NOTES

The Capital Traction Railway
lines were operated. during the
month of Septembmer, 1921, at a net
income of s104.115.47. according TO
reports received by the Public
utilities Commission yesterday.
These figures compare with a net
income of s105.44s.s1 for the corre-
, spending period one year ago. and
sss.O97.o2 for the month of August,
1921.
That the reduction in fares made
a decided hit with the riding pub
lie is Evidenced by the above fig
ures. which denote a gain for Sep
:. TENDER (the first month of the re-.
duced rates) of slightly more than
$4,000, as compared with the pre-
vious month when the old rate was
in effect.
-. Total revenues from Transports.
ytion for the month in question
amounted to s411.25sS7. with oper-
r ating expenses totaling s250,049-22
and taxes assignable to railway OPP
GRAFTON amounting to $40.46s.46. The
operating income aggregated s123,-
O14.S4. with the total incorporating
income totaling s1.443.22- The gross
income amounted TO $I24,5iS.06swith
reductions OF s23.S5S.34 for interest
on funded debt and s44.25 for mis-
celaneous debts.
The following is the net income,
by months. for the past year:
1920-September, s105,44s.91; Oc-
tober, s14S.069.5s; November. $685.
67s-36; December. s2.400.64 (deficit).
1921-January. s116.556.S9; Febru-
airy. s1O4.75264; March, $40, 329.6s;
Z April. s12S.Ss3.75: May. s147.1s4.27;
= June, 134,101-71: July s113,9s437;
August sss.0s702.
Total net expenditures for road
and equipment from January 1 to
September 80. 1891. according to the
statement. amounted to s22ss5s.77.
Local Securities.
Absence OF bond trading marked
yesterdays session on the Wash
.inston Stock Exchange, 800 Wash
fngton Gas IN per cent notes at I03
representing the activity in this
class.
Thirty shares of Lansron Mono
type at Tx constituted the main
stock transaction. others being 3
shares of Washington Railway ana
Electric, preferred. at 81, 10 Wash
inston Gas Light at ass and 10
shares of Continental Trust at 100,
Cal money ruled at 5 per cent
Did for per cent loans.
A. I. b. Meeting.
Harry<E- Haynes president of the
Farmers and Mechanics National
Bank of Georgetown will conduct
the principal lecture before the Ele-
mentary Glass. American Institute
of Banking. tonight. The tspic as
9f0nad
Acceptances." a subject on which
he Is expert
NeSotiability of such instruments.
essential wording, transfer. parties
to and their order of liability, KINDS
and rediscount features will be dis
cussed in detail.
President W. ]. Waller will pre-
side.
Personal.
Rolfe E. Boiling. president of the
Commercial National Bank, yester-
day celebrated the completion of
three years service with the insti-
tuition by putting in an exception
ally hard day at his desk.
New Brokerage once.
Samuel Ungerleider and Company,
members of the New York, Cleve-
land, PITTSBURGH and Columbus
stock exchanges and the Chicago
Board of Trade announces the OPEN
ing of Office in the New willard Ho-
tel under the management of James
Sloan. jr.
j The new office is situated on the
mezzanine floor in the southeast
corner OF the building.
j. s. Bache and Company and
To- -
. City, Will act as correspondents.
Local Bank CIearings.
Local bank clearings for the
month of October amounted to SIS
ss0,S746s. according to statement |
made yesterday This compares
with total of s6s.754.O2s.29 for the
Drsvious month.
METAL MARKET.
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