The Washington herald., 1921-12-07
WASHINGTON BUS
Line EARNS S965.66
In NOVEMBER, 1921
Transit Co. Reports Gain
Of Approximately 149o
In Passengers.
OTHER LOCAL NOTES
Banking Trust and Mortgage
Co. Announces Directorate
And Advisory Council.
OTHER LOCAL NOTES

That the Washington Rapid
transit Company is rapidly coming
into Its own as a public carrier Is
evidenced by the latest report re-
ceived by the Public Utilities Com
mission, that of November's opera
tons. when a net corporate income
OF s965-s6 was reported. These ng-
ures compared favorably with a de-
felt of $3.50 for the previous
month
The total operating revenues for
the period in question. s13.275sS are
In excess of the previous month
when but S12.3S111 was shown.
The total operating expenses to-
tailed s12,e27.o9, leaving a net op-
Grating revenue of s1.049.eO. The
gross income amounted to s1.064.s5.
From this amount was deducted
SIs.I5 for interest on funded debt.
and s2O.44 for other deductions.
The heavy gain in total passen-
gers carried during November as
compared with October makes the
transit company's report OF earn
ings all the more remarkable In
the past month a total of 1926
passengers were carried. This num-
Der represents an increase OF ap-
total passengers carried last April.
the first month the company operat-
ed fourteen busses Since that time
no additional vehicles have been
Put on.
Ranking Trust and Mortgage Co.
Vt recent meeting of stock
holders OF the Banking Trust and
Mortgage Company. Percy s Fos-
ter was elected to head the new
institution At the same time, II
was announced the bank would for
mslly open on Saturday, Deem
Der 10.
The board of directors includes
r. II. Mcneil. A. II. Fowle. Willis
". Fowle. Percy S. Foster, ]. w.
kaufman. G. T. Smallwood. F. w.
Neale. W. S. Benedict. Writ Tay-
Tor. N r Ryon. Alfred Higbie- w.
NJ. Braswell. George T. Harrell.
Earl Goodwin, T. A. Radice, Louis
Perna, George B. Fraser. Fred Rep
petit. David NJ. Lea, E. II. Rosen-
EIrten, william S. Gray, J. d.
Green. II. W. Robertson, c. N.
Chapman. Allison n. Miller, Harry
l.. Black, W. NJ. Balderston, L. NJ.
Johnson, Ashton c. Jones and WILL
lam H. Kyle.
Stockholders of the corporation
placed on the advisory board fol-
low:
P. G. Cooper. A. B. Lacey, L G.
Mutt, Raymond Lurba, James WILL
lam Bryan, William Smith, Samuel
T. Dorsett, W. NJ. Lord. P. NJ. JUL
lem. Homer S. Johns. Harry L.
Slye. William H. Gottlieb, Nellie @.
O'Donrell. A r Swami, Frank e.
McCalic. A B. Dank, c. c. Leadbeat-
er. Archie z. Luther, Harry W.
Darling F. II. Edmonds. Edwin L.
Morrison. NJ. NJ Moskowitz, Arthur
II. Moreland. George H. Grub, L.
b. Morris, S. T. Lozpune, William
c. Heitmueller, II. P. Perrett s. T.
Parish, John l. Johns, Wharton
Belts. W. Paul Burtis, william A.
Sohlobohm, c. G.. Randle, Robert
Monroe, Ada r. Fowler. W. D.
Blick. ]. A Finnell. Ernest G. Walk
CT. Louis Rosenberg. Ernest H.
Daniel, John D. O'Connor, c. A
Randeazzo. ]. Biggs. Edgar B.
ay, DR.. J. Lester Brooks, ]. W. Fox.
W. d. Buhries. George U. Palmer,
Charles A Ryon Louis Carta, WILL
lam H Dolbey. George B. Parker,
r. W. Lassiter and W. z. Richard
son.
Local Securities.
Potomac Electric GIN and Re-
funding rs had a good day at the
Washington Stock Exchange ses-
sion yesterday sales aggregating
5000 of the security being made
at from 104 to 1041S.
At the opening Washington Gas
5s to the extent of $500 sold at
gOL, after which a $1,000 Potomac
Electric GIN 6 brought 9sA.
Washington Railway common to
the extent of sixty-one shares sold
at 81, ten shares OF Washington
Loan and Trust at 270 and ten of
Mergenthaler at 131.
Following call Mergenthaler sold
at 1907 in two fve-share sales
while $4,000 IN Washington Railway
a. brought Sax. and fifteen shares
Of Union Savings Bank 112.
A $1,000 Washington Gas sold
az the close at s01.
Call loans were offered at per
can't with 5 per cent bid