Evening star., 1926-10-01
DEALINGS HEAVIER IN STOCKS
AND BONDS ON EXCHACE HERE
Type, Bank and Utility Issues Are Active
W. R. and E. August Report Shows
Gain of $3,31974in Report.

totaled $129 .2324s but under the
preceding month Of this year, the
July net being t65.o75.03, the COM
parison showing a difference ot
36,042,55.
Summer Business Falls OF.
According to the figures Of the
Washington Gas Light Go. filed with
the commission, net operating rev
enues for August were S295, ,0T6.38
md operating expenses were S223.-
'0095, leaving Il net operating in
ONE of $65,675.43 for the month.
he net corporate income after in
crest deductions and other expenses
of s46.95344. showed a deficit of
$t3472.03.
The Georgetown Gas Co. also en-
countered a deficit during the month
of $19231. Operating revenues were
$2S,161.5S, operating expenses reach
ed s32,504.38. leaving a net operating
revenue of $5,657.20 The report
shows that the company spent
S1.189,66 on gas mains and service
maintenance during the month.
Same Directors Elected.
At the annual meeting Of the Bank
of Commerce and Savings held late
rectorS were chosen for the coming
year the board remaining unchanged:
Maurice ID. Rosenberg. Joseph San
ders, w. A. Bennett. Irwin Owings,
Joseph II. Milans, Or. Clarence A.
Weaver Alexander Wolf. John NJ.
Riordon, r. +. Andrews, Louis Bush,
A. Brylawski. Floyd T.. Davis, r. l..
Elliott. Ellie Sheetz. G.. Il. Edwards,
A. s. Galley. G.. A. Kneessi. M. A.
Leese, Harry +. Mayer and J. +.
Maury.
President Maurice -. Rosenburg
presided at the meeting, this bank
being one of the few that does not
hold the annual meeting in January.
ported that the past six months have
been the best in the banks history
and also stated the alterations and
improvements to the banks home. at
the corner of Seventh and Il streets,
are progressing most satisfactorily.
II was further stated that the deposits
are now approximately $4,000 900.
Following the announcement of the
September bank clearings for wash
fngton, it was given as the belief of
bankers and business men today that
business in the National Capital is
now just about normal. The gain in
what ahead of last year but the
figures are not sufficient to show any
marked difference. The figures are
never an exact barometer as to busi-
ness conditions as many of the checks
passing through the clearing house
may be for the payment of notes,
real estate transactions and interest,
which play little part in the move
ment of merchandise. But the fig
ures for the nine months indicate that
business is undoubtedly well ahead of
last year And it is expected to hold
up for the remaining three months.
Trust Divisions Program.
The Trust Company Division of the
American Bankers Association will
note its thirteenth anniversary at the
coming Los Angeles gathering
Charles G. Lanborn being vice presi-
dent chosen by the District Bankers
Association to represent that body
Howard Moran, head of the local as
soclatlon, will take special interest
IN this section because of his posi-.
ton as vice president Of the American
security and Trust Co. Strides that
trust companies have made in extend
ing nduciary services will he one of
the program features. "The Law and
trustee and "Insurance and Trust
company Cooperation will come in
Tor special attention and the session
VIII conclude with discussion on how
trust work can be rendered more eff
ciently.
Local Bankers Seasick.
Letters received here from the
bankers who are on their way 10 Los
Angeles by way of the Panama Canal
state that while they excaped the
Florida hurricane when they were on
tneir way to Cuba, yet they got
enough of it so that thev were pretty
seasick. The weather was ,lncomfort.
ably rough. However, they enjoyed
their stop at Havana and are now
well along toward the Pacific Coast.