Evening star., 1922-11-05
BY ]. A. FLEMING.

BY i. A. FLEMING.
Howard S. Reeside. president of the
Washington Gas Light Company. and
its subsidiary, the Georgetown Gas
Company, returned from Atlantic
City, where he had been in attend
ance on the annual gathering Of the
American Gas Association. filled with
faith in the future Of the gas bust
ness, and strong in the belief that
great possibilities are just ahead of it.
He was elected a vice president Of
the association.
The Washington Gas Company has
expended during the calendar year. to
date. nearly $75O,00O, more than usual,
in an effort to give the people of the
District the very best possible service.
Because of the coal strike and the
transportation troubles, Mr. Reeside
conceived that there might be a
shortage of coal and an increase in
the usage of gas as a heating fuel.
and it was to prepare the way for the
handling of any surplus business that
these preparations were made.
In Washington experiments are
being made today in fifteen heating
installations to determine the value
of gas as direct substitute for coal,
which if successful, as gas men seem
to think it will be. will do away with
the handling of coal and, after burn
ing. with the ashes. resulting in a
great saving to the public. The Con-
solidated Gas Company of New York
city is working on the same lines in
New York city.
The Washington Gas Company re-
Gently erected new 500 900 cubic
Da fS CT f,l1 ny
and has installed a new unloading
plant near Goth street and the
Potomac river for :he unloading of
coal from boats and barges, increas-
Ing the unloading capacity by nearly
100 per cent.
During the coal shortage the COM
pany has been buying enormous
amounts of coke. say. 10000 tons, since
the LIST of April of this year.
Tanking facilities have also been
greatly increased.
During the year. to date. the
pended 100000 in betterments. mains
and extensions and are today serving
5000 new customers.
The three plants. Washineto ION.
Georgetown and Rosslyn, are all busy
and are supplying more people with
pecially being busy with the enormous
building and housing operations in
its territory
The people of Hyattsville have
made application to the Washington
Gas Company for service and the
question of connecting up with that
town is now under consideration.
While we have had a hard time
getting our fuel supplies" said H. s.
Reside, the company has at all
times considered the interest of the
public paramount and not once even
during the closing weeks of the
strike has the public been put to the
pany.
I'VE have paid higher prices for our
hard coal and coke and soft coal. and
are selling our product at less than
year ago"
Asked as to the safeness of the cor
porate dividends, Mr.. Reeside said:
There is not the slightest question
regarding our earning our dividends
Our summer months are always
smaller in earnings. but we will more
than make up any deficiency through
the fall. the winter season and in
spring.
Service is the one motto OF the
Washington Gas Company. and the
first consideration of the company
and it's officials"
Naval Corps Lectures.
Local bank officials are scheduled to
deliver lectures on twenty-three
banking subjects. the first December
Is and the last February IA. before the
Supply Corps School OF Application
of the Navy Department.
With this instruction the young
men Of the Navy may become expert
in the principles of banking.
December is Victor B. Deyber will
lecture on National Banks. and on
the goth of the same month on state
A. c. Flather will speak on Bank
Organization" to be followed on the
27th by MIR. Deyber on Mature and
Use of Money
q. ]. McQuade will deliver two lee.
lures, Functions of Bank. ana
Banking Practice. Decemoer - ana
January 3
Joshua Evans. jr., has accepted as
sirnments to talk on Mature and
Use of Credit" and Loans and DIS
counts" ~
Moran will follow on the 18th with
Real Estate Loans" and Mr.. Hynson
of the National City Company, Will
sneak on Investments" January 10.
..fn,erest'' is F. G. Addison, jr.'s. topic
for the 18th. :. 49,, h;.o,
January is with Mr.. Mckee doing N.
taxing to be followed on the l9tH
hv "Acceptances." handled by Harr!
V. Haynes. p;,,
J,ading," by Mr. Thompson. is scheu
uled for the afternoon OF January ~ ~
and Mr.. Flather speaks on the "a
on the Functions OF lrus' ,o''
pany." A., >,oou.d,
Iii aIucidate the Postal Savings
and Farm Loan Act. -,
On the 26th Mr.. Peelle Will talk on
"Snecial Law Problems to be foi-
lowed on the 29th by r. u. Aaoiso''
on the analyses of Accounts.
Mr.. Fleming will talk on the 3ls'
,n ..Transits." and February and
On .oThe Federal Reserve System:
February Mr.. Evans will analyze
a Bank Statement.
The lecture season closes with req,
ruary IA, when Mr.. Clabaugh Will
talk to the students on the "'0"e
Tax"
washington-A Growing City.
write" said a local banker the
other day, "on the greatness OF
Washinrton, the chief capital of the
worId today, a city without industries
worthy of mention. that is growing
faster than some of the leading IN
dustrial centers."
This wonderful subject has COM
manded pages of space in the news
naners Of the city. telling of the ex-
pansion in building operations; OF the
great difficulty of the people OF the the
;,,nense increase in the value OF
nroperty; of the development of new
BUSINESS sections, fast absorbing
many Of the former fashionable resi-
dance districts: of the ever-reaching
ont to the northwest. taking in farms
for residences and country CLUBS. and
the rapid development to northeast
And all the time the business dis
-. ,uas Increasing many told IN