Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-28
S73O,457 INCREASE
SHOWN BY PEPCO
Eleven Months Net Equals
S2,116,219, Monthly Re-
ports IndiCate-NoteS.
BY CHAS. i. SHaEFFER.

Net income Of the Potomac Electric
Power GO. for the il months period
ended November 80 last totalcd the
huge sum Of $2.116,2l9. compilation OF
monthly reports filed with the Public
uAuos Commission shows
The years figures 10 date are rem
dered NOR" striking when comparison
= made with the corresponding period
OF last year, which shows a gain in
net Of $730.457
The Potomac Electric Power 60
mas, happily. accomplished the ambi-
tOn OF every industrial cOncern-thaf
"1 constantly increasing its revenues
"hiIe expenses are following an ad-
verse trend. This is borne out ny sta
uSIcs furnished by the company
winch shows gross earnings for the II
months of $685., I06. IA gain Of $T73.-
- over the corresponding period Of
last year, While operating expenses
amounted TO S2.S23659. 4 decline O:
NHl,t15 over the same u months Of
1924
November accrued the creates,
pf"hl Of any month 50 far this yea
netting an income Of $24S.2l3, a gain
81 ShH,@iI over the corresponding
month Of this year. Gross earning
from operations gained sl19S53 t.
'1,dpS. while operating expenses
had the nominal increase of 1921 TO
SZt4,o14. Part Of the months increase
IN net can be traced TO i new system
IN charging off depreciation put into
practice the first Of this year. where
by a set amount is put aside eaci
month instead Of a sum based on the
volume Of business transacted.
W. X. & T.. Net Income.
The net income accruIng TO the
Washington Railway and Electric
60, Tor the first II months of this
year amounts TO S1.t0S972. a gain Of
$"h,tI3 over The same period of last
year. This company shows d gain ii
operating revenues Of about $4,000
20 S4,354 ,J53, but expenses gained
more than So 900 TO $3.551 ,299 in the
same time.
For the month Of November the
company reported a net of S24O,10I
as against $207 40 the same month
Of last year. Operating revenues
amounted 10 1896. 67S. a gain Of SO
600. and expenses TO 1921 .626. an in
crease of approximately $50. 900.
The City and Suburban line report
an il-month accumulation OF S15 40
u l@2P as against Z; deficit OF S2l So
established in The same period of las
year. NOvcmhor's return OF this sub
~idiary Is $10,57?. q loss Of abouf
$4,000 over 1924.
Tho Georgetown and Tenleytowr
line has established Il deficit OF $25, 100
for the Wear to date. Us against q
deficit of only Sl1.S45 last year. No
vember's figures show profit Of
$685.
Quiet on Local Board.
\ post holiday atmosphere dominal-
cd the Washington Stock Exchange
this morning. and one Of the dulles.
sessions Of the year was the result
Capital Traction stock was easily the
market feature. rising to 105 on sales
Of - shares.
Riggs National Bank was strong a.
429 on sales Of 4 shares while Poto.
mac Electric Power preferred retained
its firm tone, five shares selling a.
l0jls
Capital Traction - at 90 and Pc
tomac consolidated IS at par and
quarter represented the bond activity
\. II eeside. local manager OF
Dean, OnatiyIa X Co, was elected to
membership Of the local board after
conclusion Of the trading session.
silk Merger Completed
Conclusion of negotiations for the
consolidation of Belding Bros & Co
and the Heminway silk 60. two OF
the oldest and largest silk thread
manufacturers in the United StatcS
j. announced Belding Bros pun
chases HeniuwaE outright. subject I"
the approval Of stockholders The
consolidated company will be known
as the Beldiug-Heminway co. 1t viii
Join together BeldIuc Bros. with as
sets Of more than $4,000 600, and the
ilemInWaE Co, with assets of Owe