The Washington herald., 1922-04-18
WASHINGTON GAS
EARNS A4,759.9SI IN
MONTH OF MARCH
Loss of S15,644.42 Over
100! Seen-Other
Local Notes.

Inc washington Gas Light COM
pany was operated at a net corpor-
ate income of s44.745.ss during
March of this year. according to
statement of earnings filed with the
Public Utilities Commission yester-
day. This figure represents a sub
stantial loss of sS4.721.95 as COM
pared with the previous month. and
also "A decline of s15.664.42 over
earnings for the corresponding pc
riod a year ago.
Operating revenues for the month
aggregated s401.4s2.e7. with ex-
penses totaling s3O3.347.7s Interest
deductions amounted to s33.315.52.
and -s2o.47s.17 was disbursed in
taxes.
The slump in earnings was al
mos wholly chargeable to COM
mercial gas sales. this amount to-
falling s37.55545 in March and
s466.2S0.O7 In February
perusal of the years earnings
indicates that slump always be-
gins at this season of the year
due to the advent of warmer wealth
er. declining gradually throughout
the summer mpnths.
Georgetown Gas Earnings.
pany was operated at a net income
of s3ls7.74 during the past month.
this figure representing a loss of
s2,91s.3S over the previous month.
but a gain of s1.S37.51 over the cor
responding figure a year ago.
Commercial gas sales were also
responsible for this comparison. to-
falling s26,956-94 in March and s32,-
223 the previous month.
Moran Heads Committee.
Howard Moran. vice president of
the American Security and Trust
Company. will draft the program
of the District Bankers Conven-
tion this year. Mr.. Moran has ac-
cepted this responsibility. and will
name his associates within a few
days
W. W. Spaid of W. 3. Hibbs and
Company, who has become adept
through frequent appointments il
the art of providing entertainment.
will again have this feature in
charge W. ]. Waller. cashier Of
the American National Bank. will
look after the publicity end Of the
affair.
Poole Names Committee.
John Poole. president of the Fed
eral National Bank. recently ap-
pointed chairman of the committee
to investigate the needed repairs to
the proposed bankers home in Ma
sonic Temple. has named w. ]. Wal
Ter and Charles d. Boyer to assist
him in obtaining all data pertain
ing to the above. These facts will
be submitted to the full committee.
Charles ]. Bell, George W. White
and Milton f. Allies. in addition to
the above three, who will prepare
their report. which will be given to
the entire association on Thursday
next.
Local Securities.
Stocks ruled comparatively firm
in yesterdays rather brisk trading
on the Washington Stock Exchange.
Attention of the session was direct
ed to Capital Traction, which sold
at s5is and ss on sales of eighty
six shares. and to Lanston. which
advanced to II on sales Of twenty
six shares.
Public Utility securities monopo-
lized the bond trade. Railway As
selling at So and 69k. and the gen.
eral IS at 9SL. Capital Traction 5s
sold at s58s. and Gas 5s were frmer
at 92A. Potomac Electric General
IS were reported at 100.
The days sales:
Capital Traction IS. $1,000 at o5ls. ST. 900
at 95i9. $1,000 at 95l5
Washington Ry and EIec 4s. 81, 900 at 50.
Capital Traction. at 95i4. 2J at s5H,
10 at s5Is. at sJIs, Is at 90. 10 at 90.
10 at 90.
Lanston Monotype. at II. at II. at
-. at ~. 10 at II.
AFTER CALL