Evening star., 1923-01-11
DISTRICTS BANKS
I. GAIN IN DEPOSITS
Splendid Showing Revealed in
important Figures An
nounced Today.

A compilation of all deposits on
hand in. local national and savings
banks and trust companies. as of De-
cember 90. 1922, the date of the last
call of the controller of the currency,
: compared with conditions at the time
OF the previous call. September Is,
1879. showed a total gain of $1,026,-
1oo.66. the figures being $ls7.572,213.S1
on September Is and sisS, ,600,31S.S6 on
the day of the last cali.
The trust companies. with a total
gain of $1,329. .0S5.14. led in this re-
Spect. and while the savings banks
showed total loss OF S422,S06.01, and
the national banks the comparatively
small increase of $12l.S71.52 over the
last call, consideration must be given
the large amounts withdrawn for
taxes and Christmas shopping.
A complete table of figures showing
conditions in all banks as of the two
Of the National Savings and Trust
Company. appears. in The Star today.
Washington Loan and Trust.
According to the thirty third annual
report submitted by John B. Larner.
president, at the directors meeting of
the Washington Loan and Trust Com
pAny yesterday, the company earned
ZOOS per cent during the year 1922.
This high rate represents cash earn
ings OF $2s0.675.45 and compares with
earnings of 29.01 per cent in 1921, 27.S
per cent in 1920. 1911 per cent in 1919,
us per cent in 1918 and 1862 per cent
during the previous year.
Total deposits during the year showed
n gain of $753,651. while resources also
gained to the extent of $832,1 1853, bring
Ing the total of this item to $14,443r-
stS:l IL. Gross earnings aggregated $S70,-
SsS6s, with gross expenses totaling $579,
SSo.14. Total business transacted dur
ing the year amounted to 9,lS2, ,1Gs.5l,
or an increase of s5,504, $1,000 over the
previous year. Surplus and undivided
prohts at the close Of business on De-
oemoer 81, 1922, were stated as being
Bliss ,040.SS. compared with $1.66S,
SS@s6 at the close of business the pre-
rtONs year. An average daily balance of
Sz.S49. 1855 was maintained by the saw
inEs department during the year.
directors OF the institution expressed
themselves as highly gratified at the
progress made during the year. as
SHOWN by the above figures. which show
continuance of the steady growth that
has marked the institutions history. and
an Improvement in practically every
Item OF the report.
has. COmpany's Income.
Net corporate income of the Wash
tnEton Rapid Transit Company last
year amounted to $7.305. For the four
months of June, July, August and
September the company reported net
losses totaling $9,166, which cut heaV-
1AI Al1o lAlC iACN AOt NAlC 0aI. DCCcIl-
Der was one of the most profitable
months of the year for the company.
Net corporate income was 1880.
Total operating revenues during the
month were $29,129, while operating
expenses were $25,541. The year just
ended Is the first full year the COM
pany has been in operation.
Trading in Potomac Electric con-
soiidated IS featured the local Sc
curity market yesterday. A total of
sac, 900 face value of these bonds sold
at s6%. Sixty shares of Washington
Railway preferred sold at 75%. Wash
ington Market Company stock sold
at 40.