Evening star., 1926-12-28

y %
| which is a good increase over the
$1,10S,972.25 for the corresponding
period last year.
PepcO Reports Show Increases.
Excellent gains in earnings and net
| income were also revealed in the No
vember and 11-month statement filed
with the commission today by the
Potomac Electric Power Co.
Gross earnings from operations for
November of this year totaled $734,.
804.65, in comparison with ,308.1O
for November, 1925. a gain of $780,
1860. Total operating expenses for
! last November amounted to $2S5 ,455. Is,
compared with 1854 ,56413, for Novem-
! per, 1928, or an increase in expenses
this year of S20,891.02.
After the usual deductions net
earnings from operations for Novem-
Der were $449 1874 so, compared with
the net earnings from operations for
the same month last year of $409 .749. :
", a gain this year of $39 ,609.53
The company's November net in
come amounted to ,S70.48, com.
pared with the 1925 figure of $248,213.-
"a. This means an increase this year
Of SCI ,657.14.
Gains Made i'm Eleven Months.
The company's statement covering
the frst eleven months of the pres
ent year shows that gross earnings
from operations reached $7,153, ,025.74,
in comparison with the total of the
same period last year of S6,396, ,1O6. .O9,
an increase of $756,91965.
Operating expenses were $3.137,266.
o9s compared with $2,823,668.5S for
the same period last year. After nee
esSary deductions net earnings
amounted to $4,015,7 1885, compared
with net earnings last year Of $3,572,-
1881, which is a gain so far this
year of $443,321.34.
This years net income for the IL
months stands at $500 ,063.54, against
$2,116,219.23 for the same period in
1925. This means a gain in net in
come so far this year of $273 ,844.31
The latter figure also means that
the total income of the light and pow
er company for the full II months of
1926 will show substantial increases
over 1925.
Pennsy and Il. & O. Make Reports.
The Pennsylvania and Baltimore
and Ohio Railroads today reported sub
stantially better earnings for Novem-
Der than they had a year ago.
The Pennsylvania reported a net
operating income of S10.457, 1902.
months this year $101, ,244,901, against
S92 ,229.539 in the same period of 1925.
The Baltimore and Ohio Railroad re-
ported a net operating income for
November of 4,443 ,497, compared with
so,9Sz .120 last year, an increase of
$46l ,269. The roads net operating
income for IL months this year was
s4|6IS,l00. compared with S39, ,058.674
Ior the same period last year, an in.
crease of $S,619,426.
Capital Traction Leads Market.
capital Traction stock led trading
on the Washington Stock Exchange
Iouay' 9o shares selling at 1045s
washington Gas Light took second
place In the days activities. 40 shares
selling at 71h. -
washington Railway and Electric
preferred came out at 901A on a turn.
over OF 30 shares. Five shares of
Union Trust Co. sold at 237. Lanston
Monotype changed hands at 94. Mer.
chants' Transfer and Storage pre-
Ierred registered 100h and Potomac
fIlectrlc Power preferred appeared on
the board at 107%.
Inere We're only two small trans.
actlons In bonds, Chesapeake & Po-
~ PAoilS VI V Virginia 0S selling
at par. In the unlisted. department
one snare OF Departmental Bank stock
was sold at 6.
me Did price on the recently listed
woodward & Lothrop preferred stock
was 103h, but none was offered
twenty-five issues On the local board
tooay were quoted ex dividend.
Thrift Committee Appointed.
Robert L. Flathsr, chairman in
charge Of the Budget day" program
during National Thrift week observ-
ance IN Washington, January II to
70, announced yesterday the appoint.
ment OF the following committee.
Mrs. Harvey w. Wiley, Mrs. Helena
ID. Reed, E. A. Drumm, p. TT. Siddons
and L. P. Riddle
Th1s group will begin making ar.
rangements for the budget" pro.
gram Immediately, said Flather. who
is connected with the American Sc.
curity Trust Co.
Personal Mention.
Edward l.. Hillyer, vice president
or the Union Trust Co, is now in
Paris, according to Christmas greet
lngs W1relessed to the bank from the
French capital.
Il. Hunton .Leith, president of
Washington Chapter, American Insti-
tute of Banking. is in PHILADELPHIA
today as the guest of the Quaker City
chapter, which is having a jubilee
celebration and banquet tonight.