The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-02-27
R D A D INCOMES
| GAIN DURING
! JANUARY
Pepco Earnings for Past
Month Shows Substan-
tiaI Gain.
By HARRY GUSACK.

y
an increased income over the same
month last year, according to re-
ports filed with the Interstate Com
merce Commission for last month.
Northern Pacific for January
earned gross operating revenues OF
$7,SSS,013, decrease of $454, 900
from December, but a gain Of ST.
800, 900 over January, 1922. Net op-
Grating income of $1,021 ,272 was
1,S48 below the previous month, but
compares with a deficit of 1926, 900
In the same month of last year.
Norfolk and Westerns January
gross of $6,s9S, 800, is an increase of
1911 1888 over last year, but is a
decrease of So, 900 from December.
Net operating income meanwhile
amounted to $592,SS5, loss of
$780, 900 from December and OF
1897, 000< from last year.
The Central OF Georgia reports
January gross of $2,169,747, an in
crease of $652,860 over last year.
Net operating income Of 1875, 4l6
represents a gain of 1886, 622. In
December the road earned gross
Of $2,1S4,168 and net OF $416,66S.
Pepco Earnings.
Net income of the Potomac Elec-
trio Power Company last month
showed considerable gain over the
earnings for the previous month,
according to the regular statement
of income and expenses filed yes
terday with the Public Uthltles
Commission. The January net
Amounted to $115 ,237, compared with
$74,664 for December and $1Sl,s Iss
FOR January, 1922. Last month
9114.756 was transferred from earn
inrs to the fmpounded fund. bring
inc the total amount impounded to
January 81, 1923, to $3,14S,S23, ex.
elusive of interest. The impounded
find at the close Of 1922. 1nclud-
ing interest, amounted to $S.448,l s.
Gross earnings from operations by
%I,a mower company last month
/. : mounted to 1898 ,61S, while operat-
ing expenses totaled 5000, Az.
washington Chapter Program.
Program of the Washington chap
ter. American Institute OF Banking,
for the current week is as folloWs'
II. H. Mckee, president OF the VA
tional Capital Bank. tonight VIII De-
gin a series of four lectures on
SGeneraI Ledger Entries" Joshua
Evans. jr,. vice president OF Riggs
National Bank, viii quiz on Bank
Sfatements:" tomorrow night, Prof.
r. ]. Donohue, OF Catholic Uni
yersity, will lecture on STOCKS
Bonds and Mortgages: THURSDAY
night, r. B. Dickey, attorney. will
conduct the class in Negotiable In
struments."
w. r. e. Earnings.
The report for the first month OF
1928 of the Washington Railway and
Electric Company proper was less
favorable Net income in January
amounted to $12, SIT. compared with
only $148 in December and $751;
s33 in January, 1922. Operating
revenue for January was $411,147,
while operating expenses and taxes
totaled $342 ,026. In the preceding
month operating revenue was $780,
628 and expenses and taxes were
1920, 692.
With the exception Of the City and
Suburban line, the subsidiary lines
of the Washington Railway and Elec-
trio Company continue to report in
the red. The City and Suburban re-
ported net income in excess of the
parent company $1,000 in January
and $11, 1926 for December. Operating
revenues totaled $9S, 1858, and oper-
ating expenses and taxes amounted
to $72,099. The Georgetown and
Tenleytown line reported a deficit of
$2,206 for January, as compared
with a deficit Of $2,146 for Deem
Der and $2,158 for January, 1922.
The deficit of the Washington In
terurban line last month was 1922,
as against 81 1910 for December and
$3.50 for January 1900