Evening star., 1925-11-16
TRACTION S6,871
SHY Of DIVIDEND
Net Available for StockhoId-
ers for 9-Month Period
Is $553,129.
BY CHAS. p. SHAEFFER.


The Capital Traction Co. has failed
by S76,87l during the three-quarters
period of 1925 of earning it's per
cent dividend. compilation of the nine
months earnings in the Public 9TH
tiles Commission shows
For the period ending September
80 last the cumulative net. after
deduction for fixed charges and de
probation and available for dividends
amounted to S553.1 .129. against require
ments of $630.o00. which represents
nine months dividends at the rate
OF per cent on the $l2 900 .0ba
capitalization.
Report of the carrier for Septen4-
Der, which has just been filed, shows
a net income of $56,47O, figure prac-
ucally unchanged from the S56,l5 fo,.
the corresponding month of 1924. Au
gusts net was S43,46S.
Operating Revenues.
Operating revenues during Sep,cD-
Der amounted TO S358,324, with q
penses Of S24S,0 and taxes of $40 .284
The parlor coach line, which began on
erations on September - last. SUI.
fered a deficit of 1906 for the Is davs
IT'S revenue If S1,643.75 on 25-cenr
fares being insufficient to offset OF
Grating expenses of S2,47T
Total passengers carried by all rail.
way lines numbered 4.947.927 for the
nlne-month period, a loss of 32.5Sa
over 1924. Total passengers carrie.
by the entire traction system, incl,Id
ing busses, numbered 6.703.134, a gair
OF ol.6lS over last year This gain
Is chargeable 10 other passengers
which rose 1873 over 1924
follows: January. s7O,112: Februar,
seo,906; March. s77.O2l: April. s73.e-i,
May. $80,303: June. S59,351: Jul
s32 .422; August, S43,46s. September
Railway Common Climbs.
Stock issues Of the Washiretol
railway & Electric Co. featured rE..
ashington Stock Exchange tAi-
morning. The common issue. which
has reached a high point of o3o thfs
year. recovered to this figure after >
recent relapse, which carried il off
TO 2ls on sales of $50 shares. \
o-polnt advance was reCiSt cred on tf,s
day initial sale at 224a. over tho
previous selling price. while hsubsp-
quent sales found 4 scarcity Of offer
lngs. with a resultant price Increase
Ihe issue closed with go bid" ana
200 ASKED.
Railway preferred cheered the
hearts or lis sponsors with an ad-
vance TO 92 on aggregate sales OF H.
shares. This rise was regular and
successive
Capital Traction stock was herd
strong at lO3h on restricted selling
while the new Potomac Electric stock
sold up TO 104is on the small amouuf
that was available. Gas was STEADY AZ
69as, as was Merchants Transfer and
Storage at $50 on a sale OF so shares
Two shares Of East Washington
Bank stock sold At "a, and four shares
20312
Employment Up Per Cent
Manufacturing employment in the
United States increased % per cent in
October, compared with the previous
month. the Department of Labor an
nounces in preliminary report. This
Is the third successive month of in
creased employment and marks the
largest in any one month since E'ebru-
ary, 1923.
Pay roll totals increased 10 per cent
in October, and per capita earnings in
creased % per cent.
Record Freight Traffic.
+ relEht trafflc on the steam rail
roads of this country in September
was the greatest for any September
on record. according to the Bureau
of Railway Economics.
This traffic for the month amount
cd TO 4l.322. $50 900 net ton miles
which exceeded by 393. 1862 900 net
ton miles or ] per cent, the previous
nigh record for that month. estah-
lished in 1920. II also was an in
crease of 2,257,S!s 900 net ton miles
or 5.S per cent over September, last
year. and an increase of l,S6l .33S.
600 net ton miles or ~ per cent oveI.
the same month in 1923.
Freight traffic in the Eastern Dis
triCt in September showed an increase
of SO per cent over the same month
last year, while in the Southern Dis
trict there was an increase of 16.6 per
cent. The Western District showed
an increase of 2.3 per cent.
For the first nine months in 1925.
the volume of freight traffic amounted
to 333, $50. .S7S.000 net ton miles, an in
crease of GA per cent over the CORE
spending period last year but a de
crease of per cent under the same
period in 1929 and one-tenth of l per
cent below the same period in 1920.
In the Eastern District. an increase
for the nine months period of II per
cent in the volume of freight traffic
handled compared with the same
period last year was reported, while
in the Southern District there was an
increase of 90 per cent. The Western
cent.