Evening star., 1925-08-20
j. S. SHOWS OUTLAY
IN CURRENT COST
Operating Expenses for July,
S235,589, ,153-W. R. & {.
Common Features Market.
BY CHAS. Z. SHAEFFER.

! Total ordinary costs of operating
| the United States Government during
/ July last, first month of the present
] fiscal year, amounted to $235, $50, 1853,
( q gain Of $27 sol ,922 over the CORE,
spending month of last year.
! General expenditures during the
month held relatively even, the total
J or $50 ,001 ,538 expended during the
, month representing an increase of less
than S2,O00,000 over July. 1924. The
! various items coming under the head
! of general" however, show some
/ variations, but increase in the cost
] of operating one department is offset
I by decrease in some other division.
| For instance, requirements of the
! Navy Department during the month
were $4,000, 900 less than the same
month of last year, while the needs
of the War Department were $4,000.
1 600 less, but on the other hand the
| Interior Departments requirements
! gained S6,000,000, the United States
Veterans Bureau increased SO 900 600
and the Department of Commerce. s.
! 900 900.
| UncIassified Deficiency.
| In the unclassified list postal de-
| ficiency during the month totaled Sl0.-
! OO0,0 900, clear gain of this amount
over July Of last year; refund OF in
| ternal revenue receipts amounted 10
about $19, 500, 600. an increase of about
| $4,000 900; the Civil Service retirement
fund had need of 50 900, 600 more than
| in 1924, and requirements of the Pana-
/ ma Canal increased 81, ,000, 900.
| Public debt retirements chargeable
: against ordinary receipts amounted to
! S1O.003,6 500, further increasing gross
/ expenditures during the month to So
! 451, ,592 1853.
w r. & f. Common
! Common stock of the Washington
| Railway and Electric Co. scared 10
unprecedented heights on the Wash
! ington Stock Exchange this morning
when an exchange of 120 shares was
! made at prices up to 155, a net gain
of full points from Yesterdays close.
Today's movement was Just az
startling and unexplicable as the pre-.
vious advances have been. The buy
ing orders came from out-of-town
J brokers', but for whose interests nor
for what purpose can not be learned
! from any local source. 1t is a fair as
| sumption, and one not far from cor
| rect, that there is not a source in
Washington that knows the actual
| motive behind Railway Commons
presented inflated price.
The issue closed at 155 bid with 1853
asked
1 llt AtlildlliutE OI INe local market.
while obscured, was nevertheless
strong. Railway preferred stock sold
| to a goodly amount at S5L2, and
| American Security and Trust Co. was
firm at $50. Washington Gas IS
! brought par. and the larger denor Il
nation Of Gas 6s sold fractiona-lv
| above 103
Directors Of Dictaphone CORPORA
ton have declared the regular quar-.
terly dividend at the rate of s per
| cent on the preferred stock to be dis
bursed on September l. President c.
| X. Woodbridge reports a continued in
| crease in volume of distribution with
I July's gross returns showing a AZ per
! cent increase over the same month of
! last year.
Freight Cars Up for Repairs.
Freight cars in need of repair on
| August l totaled 1877 ,281, or S.4 per
| cent of the number on line. according
to reports filed today by carriers with
the American Railway Association.
This was decrease of 1891 under the
number reported on July Is. at which
time there We're 1852, or Sc per
| cent.
Freight cars in need of heavy re-
pair on August l totaled 1864, or,
| &c per cent, a decrease of 657 cons
pared with July Is. Freight cars in
/ need of light repair tOtaled AZ 6O- or