Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-10-29
NET SHOWS
SUBSTANTIAL RISE
Three uarters' Figures To-
tai 1882, $50, an Increase
of $594,551
BY CHAS. T.. SHAEFFER.

BY CHAS. p. SHAEFFER.
Net income of the Potomac Electric
Power Co. for the first nine months
or this year amounted to 81 ,6S2, $50.
an increase of S594,551 over the cor.
responding period of 1924, statement
of earnings filed with the Public IT'LL.
ties Commission today showed
That expansion of the company's
activities and facilities, as cited when
permission for the issue of $4,000 000
OF new stock was requested some
weeks ago, is being carried forward
In large volume. is proved by an in
crease of S561.764 to $5,I15544 in
gross earnings during the first nine
months-and this increase despite q
lower charge for electricity. Gross
operating expenses during this time
declined to the extent of $l00.69 t.
$2,27S,265 over last year, this item be
ing rendered negligible when miscel-
laneous income declined 1894 over
last year to S141, PAL. Deductions
totaled 1925, $50.
.September'S operations resulted in
net income of $15O438, a gain of
S4l.368 over the same month of last
year. Gross earnings for the month
amounted TO 1852 SOC. a gain OF $50 600
but expenses also gained $4,000 10
S26S.692.
Net income of the Washington Rail
way and Electric Company for the
first nine months of this year amount
ed to SS3l,642 gain of $S6.l55 over
the corresponding period of last year.
Gross revenues in this time amounted
to s3,045,0 8S and expenses to S
SSS,820. For September the carrier
reports net of $50 1850. approximately
double the income for September, 1874
II.S.f. tIsaf-
tinue to show adverse trends. For the
year to date the Georgetown and Ten
leytown line has run up deficit Of
$3l SOL, more than double the loss
sustained for the same period last
year. while the City and Suburban
line has amassed $4.231 lin red"
Passenger traffic for all lines num-
bered 56,523,2S4 fares during the three
quarters period.
Trading on Local Board.
Securities on the Washington Stock
Exchange assumed an even tenor in
today's trading. which was without
particular feature
wv. l." receipts of the Potomac
Electric Power 6 per cent preferred
stock sold 10 an aggregate of IA
shares, the price f1uctuating between
l04 and lo33.. the trend being down
ward. Railway common stock attained
| - on its newest upward movement on
sales of 90 shares, while Washington
Gas was quiet at 90. Thirty-fiye shares
Of Riggs National Bank sold up To
400, and American Security and Trust
was quiet at 38S.
ITS a Girl"
Nature continues to disburse divi-
GendS on the worthy and harassed in
as generous a measure as ever before
oil h. IL,
on the huge oversubscription of new
per cent preferred stock of the Poto-
mac Electric Power Co.-constant day
and night duty, preparation of the
o,oOO-odd letters that We're sent out
under his name, placating the angry
and disappointed through it all Al
wood NJ. Fisher. treasurer OF the COM
panE. has worn his natural smile.
But the smile was not natural. il de
ieiOped this morning when Columbia
Hospital chat showed that "a stock
dividend of feminine proportions had
been declared" some days aGo. Both
mother and baby are reported as do
ing finely"
Party at Institute.
Washington Chapter. American In
stitute of Banking, will give a Hal
loween party in the chapter rooms,
! Masonic Temple, next Saturday night,
| beginning at $50 O'Clock A nvs-
FERROUS big surprise" is promised
! those who attend.
The party will he given under the
| auspices of the womans committee,
| with proceeds. derived out of a nom
! inal admission fee, accruing TO the
chapter.
Exchange to Remain Open.
| The board of governors Of the New
| York Stock Exchange have voted not
| to close the exchange on Saturday as
! requested by many members. who
! asked for q double holiday in order
10 permit their employees To catch up
with their work which has fallen
! behind as result of the long suoS
cesSion of , 600. 000-slare DAYS. While
the governors made no eNpla nation of
| their action they are believed to have
| been influenced by the belief that lost
time may be made up next Tuesday
! election day), when the exchange will
| remain suspended.
But 81 Shares Are Left.
There will remain but 81 shares of
Potomac Electric Power preferred
stock unallotted when the present pol
| icy of alfotting not more than five
shares to every local subscriber is
completed. This announcement was
made by a company official this morn
| ing.
Car Records Maintained.
Loadings of freight have continued
| above the million-car mark for IS con
| secutive weeks, the total for the week
ended October II being placed today
by the American Railway Association
/ at ,106.1l4.
/ This figure represented an increase
, of Is over the preceding week: an adj
vance of 3,Slt cars over the same week
! last year, and an increase of 330i9
| over the same week in 1923. Coal load
| ings for the week totaled S6.3S9, an
! increase of 2,05S cars over the week be
| fore. The association said loadings
| for the first AZ weeks this year, to-