The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-02-08
TRANSIT COMPANY
Net INCOME s742.3l
| DURING JANUARY
plight Drop in Earnings
Result of Climatic
Handicap.
PTHER LOCAL NoTEs
I. Z. Issues Display Strong
Tone; Forum Dinner to Be
Held Tomorrow Night.
OTHER LOCAL NoTEsI

washington Rapid Transit
OAny was operated at a net IN
one Of s7t2.s1 during the past
Month. according to report Of earn
mss Med with the Public Utilities
commission yesterday. This amount
shshtly less than earnings OF the
reVious two months. ss244O being
nown for December. 1921. and
SoS.s6 for November.
Dsplte the climatic handicap en-
ouhtered during January. particu-
IN the. latter stages Of the pc
ou' the showing is most pleas
hg 10 officials of the company. A
otsi or 1eS,130 passengers were
arried during this period. which is
more than 5000 in excess of. the
umoer hauled in November when
e2-SfS used this means Of trans
Portstion. which would indicate the
wn. i"'o us
DurlnE the month total operat-
ns revenues amounted to s13.s23.32
th total operating expenses
mounting to S13,14s.95. The total
on-operating income aggregated
1896. including s2f.1O discounts
armed Deductions from the gross
ncome was made in the amount
S3s.ss for interest on unfunded
ebt and s1s.1s for other deduc-
lions.
an January fifteen buses were
naintained. operating a total OF
$3.50 live miles.
Local Securities.
\ decidedly strong tone again
piled on the Washington Stock Ex-
mango yesterday. While trading
as still restricted. the small VOL
me OF business transacted was,
pr the most part. at top prices.
Washington Gas IN per cent
otes sold in a small amount at
PSF. The IS of this company held
RIM at 30. Capital Traction SIS
hanged hands at So, and Po-
Pmac Electric general mortgage
nd refunding(7s selling at los.
In the stock list, Capital Traction
emained strong at s514- and s5H
be trend being upward. sixty
hsres being sold. Railway pre-
PRED had sales aggregating ten
hares at the high figure of ss
ffth AergenthaIer selling to the
xtent Of ten shares. also at the
Ugh figure Of 1Io1s.
Call money ruled 5 per cent bid
pr per cent funds
Personals.
F. n. Shepherd. formerly neld
ansger of the Chamber OF Com
peree Of the United States. located
ere. and now executive mana ger Of
be American Bankers Association,
Fss visiting in the financial district
ere yesterday.
Joshua Evans. Sd. s-year-old son
the vice president OF Riggs Ma
onal Bank. was yesterday gloat-
hg over the fact that he was one
Z the privileged few to witness the
igninE OF the various arms confer
nee treaties
Forum Dinner.
Francis G. Addison, jr.. vice
resident of the Security Savings
md Commercial Bank and chairman
4 the committee in charge of the
Drum dinners conducted by the
Washington Chapter, American In
OIL yes
erday that the next forum dinner
Fill be held tomorrow evening at
rs O'Clock at the Cafe Madrillon
The subject will be the new income
AK law as IL affects the Individual.
The members will take part in the
discussion
Directors Reelected.
All of the old board of directors
rere reelected at the annual meet-
hg of the Washington Gas Light
company held yesterday, and in
HIde Howard S. Reside, John d.
Ilhenny, Ord Preston, Guy F.
hitting, Joseph Letter. James NJ.
rem and Robert ID. Weaver. The
hrd will organize next Monday.
hen the company's officers will be
|lected.