Evening star., 1926-11-29
POTOMAC ELECTRIC POWER co.
SHOWS GAIN IN NET EARNINGS
Marked Increases In October and for First
Ten Months of Year-W. R. &E. Also
Files Report-Other Financial Notes.
against $1.sss, ,oo5.ss, or an increase
for the period Of 212,1S7.17.
w. RAE. AlA0 Files Sfakement.

against 81. .8es, ,005. SO, or an increase
for the period Of $212,1s7.17.
w. II. & e. Also Files Statement.
Operating revenues Of the Wash.
ington Railway & Electric Company
for october totaled $403 3.55e.25. ac-
cording to the report filed with the
commission today. This figure com.
pared with $412,7 for October,
1925. Operating expenses and taxes
for the month amounted to $33S, 1884,
while in October, 1925. the same item
reached $330,s5291. This left an op-
Grating income for last October Of
64,776.61, compared. with $S1,s33.95
for October a year ago. The COM
pany's net income for the month
under review was $22. .617.54, compared
with $37.2cs.S4 for October, 1925.
For the first ten months Of the
present year the company's operating
revenues totaled $3.9S6. .s56.S7, against
$3,957 ,S74.S5 for the same period in
1925. Operating expenses totaled 49,.
ss,5O4.57, against $3,22s,s72.s7 in
1925. The operating income. for the
$3.50, compared with 372S,201.9S in
1925.
The net income of the company for
this period this year was $685., ,420.5 ,
compared with the lower figure Of
$S6S,S7o.7s last year.
Reports of Suburban Lines.
The City & Suburban report, also
filed today, showed that the line had
net income of s9,437.32, compared
with $9,143.50.
months this year was $44,275.19, com.
pared with $4,912.O1 last year.
The Georgetown & Tennallytown
showed an October net income Of
SO ,45S.S4. compared with deficit last
year of $3,095.4l. The 10 months net
income was s12 1865.
Bankers Honor Financial Writer.
AS noted elsewhere in today's Star,
I. A. Fleming. dean Of Washington s
financial writer's, entertained in honor
OF his birthday at his home, 270o
Connecticut avenue, Sunday after
dence to offer congratulations on his
good health and extend best wishes.
Among the guests were many mem
bers Of the luncheon group of the
District Bankers Association, who
! never let "Pop" pass a birthday
without calling on him. Which birth
day was it? you ask. The % candles
on Mr.. Fleming's birthday cake gave
away the secret. Tt certainly is an
attractive age.
Local Stocks Active Today.
Washington Railway and Electric
preferred led quite active trading on
the local Stock Exchange this fore
noon, nearly 100 shares changing
hands during the session at 80. Cap
ital Traction opened the week at 1O31s
on a very small sale and later ad-
vanced to 103A on a 10.share transfer.
Both type stocks were out, Mergen
thaler opening at l051a and closing
at 1861. while Lanston recorded two
transactions at 921a. Washington
Gas Light opened at 7i12 for two
shares and advanced to 72A for a
40-share turnover. Two hank stocks
also appeared OF, the board. 10 shares
Of Washington Loan & Trust selling
at ATT and five shares of Continental
Trust at 90.
Prices in the bond division we're
flrm, only three issues figuring in the
days turnover
Theater Party This Evening.
Washington Chapter. American In
stitute Of Banking. celebrates this
evening with it's fifth annual theater
pAA ~ NACh AC dSSAHS SolAV" III
1926" will be the attraction at Polls
There has been splendid advance sale
of seats, as the income is used to aid
the Institutes educational program
Those having the party in charge in
addition to T. Hunton Leith. chapter
president, consists of Raymond r.
Lochte, chairman; Harold w. Burn.
side. Miss Winifred Burwell, r. Jesse
Chaney. 3. l.. Cotton, w. w. Lisso-
witE, +. G.. Steffe, III. Fl. Darneille,
John M. DeAIarco. John Il. Fletchall,
Miss Catherine Krieg. Robert IL.
Lacey, Miss Mabel v. Royce, A. M.
Schiller and Alfred w. Sherman.
Collateral Bankers Profits.
Collateral Bankers. Inc, has just
announced that the total loan service
Of the national system for October
amounts to s679,644. THIS compares
with $363,968.54 for october, 1925.
Operating profits. after deduction
of expenses including reserves and
cost of credit insurance on loans, were
for October, $53 3,S40.25, compari with
$21 ,367.72, for the same month OF 1925.
C. & O. Surplus Advances.
Surplus Of the Chesapeake and Ohio
for October rose to S3.249,695, after
| charges, from $2,15o,225 in October
1925. and for the 10 months to $2S.
743752 from $16.51484c in the same
period last year.