Evening star., 1922-10-21
BONDS SARE FIRM;
STOCKS VERY SLOW
Big Educational Campaign
About to Be Launched.
Gas Companies Earnings.
By I. A. FLEMING.


There was fair demand for bonds
on today's session of the local ex-
change. with prices holding steady
and without change.
Georgetown Gas 6s were traded in
at 80. Gas So brought s5X; Railway
Is were a shade easier at TAX and
Potomac debenture Is steady at 100.
Washington Gas III per cent notes
, sold well at 1o4E.
In the stock list there was very
little doing. few shares Of Lanston
covering the days record, the price
range being s0H to S0A.
Bid prices showed very little change
one way OR the other, the general
tone of the list being satisfactory to
holders Of securities.
An Educational Series.
This will be a busy season for the
educational committee of the District
Bankers Association. OF which Harry
V. Haynes is chairman.
the American Bankers Association
and now its chief executive oficer.
was chairman Of the committee on
public education of that organization.
a remarkable course of educational
lectures or talks.
The subjects chosen follow in
order. The General Idea of Bank"
Banks Money" Character. the Basis
OF Credit" why a Corporate Trus-
tee" The Bani, and Your Invest
ments." Our Relations and the Rela.
tions of the Bank With the Rest of
Farmer and Banker" Relation of the
Bank to the Federal Reserve System"
and The Analysis of Single Bank
Statement"
These lectures have been prepared
by the committee in short terse sem
tences of plain English.
They are To be d..ivered by local
bankers as frequently as possible be-
fore the higher grades OF grammer
we'll as before parents associations.
farmers Institutes. teachers insti-
tutes. chambers of commerce. boards
of trade. rotary clubs, ktwanis clubs
lions clubs. civitas clubs. etc. etc
This series OF very valuable lectures
are copyrighted by the American
Bankers ASsOcia ton.
They might be added. with good re-
suits. to the curriculum of the Amer
ican Institute OF Banking Courses.
A release date is set for the delivery
of the lectures. after which they may
be published.
= series OF suggestions accompany
each lecture or talk for use OF the
speaker. also few questions that
Will permit Of an Intelligent quiz
after the lecture.
The course furnishes a very valua-
BILE contribution to banking litera-
ture.
Associated with sir. Haynes on the
educational committee are r. \. Har
per. n. D. Rosenberg. II. H. Mckee
and John Poole. any one of whom
might deliver. extemporaneously.
banking talk of high merit and who
b. eOl1n
line and comma OF the text. but their
aSides may be depended upon to bring
out and embellish the strong, prac-
ttcal points OF the series.
Gas Companies' Earnings.
rrom Fridays $50 Edition.)
Tie earnings Of the Washington
Gas Company for the month of Sep
temoer showed net corporate income
or s4.Ss8. as compared with a deficit
o. s70.130 for September. 1921.
The company's detailed statements
of expenses indicate that the cost
of coal was responsible. to q large
degree. for the difference in net In
come between the two septembers.
The statement shows that boiler
56a.27. as compared with S12,s51.5e
for September. 1921.
Generator fuel last month cost
$s1.747.76. whereas in September.
1927. it cost only S5I .6SS.10.
Another difference was in total OPP
Grating revenue. as follows: eeptem-
Der. 1921. s350.0SO.70: September this
year. 27.0s1.41.
The Georgetown Gas Light Com
pany reported net income for last
month of only s35.45. as compared
with $4.21494 in September. 1921.
The Washington Gas Light Com
pany has received permission from
the Public Utilities Commission to
sell S430.000 7is per cent notes. the
unsold portion of the original issue Of
$4,000