Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-08


transactions in -
volving 100 shares.
Railway & Electric u.r.v o.N.u
preferred came out
at 995a and closed at 99l2. The sale
in this stock totaled 80 shares,
Potomac Electric per cent preferre
came out at 1872 and the 5I2 per Ger
issue moved at 109k. Ten shares {
Bank of Bethesda stock sold today q
IS, gain of a point over the recer
new high. Park Savings Bank stoc
sold at exactly the same figure. Ga
closed the week with 107 bid and IL
asked.
There is generous amount of bon
trading at recent levels. The unliste
securities were called off and shove
few changes in prices during the weel
The exchange voted to follow the lea
OF the New York Stock Exchange an
close tomorrow.
Trade Conditions Compared.
Latest trade reports from the IL Fedora
Reserve Banks indicate that bushes
leaders are already looking forward t,
Spring and its attendant expansion.
Trade in the New York area is a
present irregular. New England note
a revival in trade until conditions ar,
the best in is months. Philadelphi.
merchants are looking for extra goos
Spring trade. Cleveland reports tn,
most activity in the steel industry sine,
the war.
AS already noted the Richmond Re
serve Bank reports seasonal trade i,
the fifth district, with cotton exports
through ports in the district 80 pel
cent ahead of the same period las
year. The Atlanta Reserve Bank re-
ports larger retail trade In 1928 thar
IN the previous year.
Chicago has just announced thai
wholesale trade is on the increase anc
that the recent automobile show saw
the actual sale of more motor cars thar
usual. st. Louis has had falling of
in building activity, but improvement ir
the demand for commercial loans.
The Minneapolis district is now look.
ing ahead to Spring for business expan.
sion, Kansas City notes a larger volume
OF general business, and San Francisco
is experiencing larger trading on the
securities market.
Young Banker Lightning Adder.
Henry A. oNeill, employed in the
Central branch of the American Sc.
curity q Trust Co.. is supposed to bs
the fastest adding machine operator
among Washington bankers, eithel
young or old. He was recently adjudges
winner of the local contest conducted
by the American Institute Of Banking
His best time was 2 minutes and 43 sec
onds for the accurate listing Of Isl
checks.
In the contest L. F. Stanbaugh, Sc.
curity Savings & Commercial, tool
second honors, and w. n. Laughlin
Washington Loan a. Trust, third. In 9
separate contest for women Miss Anna
v. Graininger, Lincoln, won the blue
and Mrs. Gladys Scott, Riggs, the rec
ribbon.
December Gas Report Filed.
According to the December repor
of the Washington Gas Light Co
filed with the Public Utilities Com
mission, total operating revenues wert
s492,272.97 and operating expenses
$685., 1883, leaving an operating In
come for the month. with tax and othel
deductions, of SOL .414.69. Deduction o.
all other expenses left a total net In
come of $39,O66.97.
As noted at the time of the annua
meeting, total net income for the whole
year was $658, 1889. Net operating
income for the IL months, after deduc
ton $3,772 ,862.84 operating expenses
amounted to 81 ,298, 095.46.
Georgetown Gas Income.
The Georgetown Gas Light Co. ha
reported to the Public Utilities Com
mission q total net income in 1928 Q
$113,830.36. Operating revenues for tn
year reached $685., 1925. Operating ex
penses required $675, 364.54, leaving aft
er all deduction an operating net o
$751;, 72943.
The December returns showed operat
ing revenues of $50, 098.34, against ex
penses Of $67,1742l, leaving an operat
ing income for the month of $ll ,264 81
The other usual deductions left tots
net income amounting to $8,892.80.
Institute Pushing Banquet.
Invitations are out for the twenty
NTH annual banquet of Washngto
Chapter, American Institute of Bank
ing, which is to take place Saturda
evening, February %. This is one @
the main social events of the year Il
financial circles, the banking student
inviting a host of their friends to joi
them In the festivities.
James A. Soper, president Of tn
chapter, will preside. Last years at
tendance was around 700 ana 1t
hoped to surpass that figure this veal
r. Hunton Leith, former president,
chairman of the committee. Frank N
Perley heads the program committe
and Miss Mildred c. Woodcock is i
charge of the decorations.
It Is now anticipated that there wi
be one main address, given by Fran
M. Totten, president of the nations
organization. This will be the frs
time In six years that the institut
head has been at the banquet.
Heard In Financial District.
James A. Soper, T. Hunton Leitl
T. j. Roberts, Miss Lois A. White, Mis-
Mabel Royce, Miss Rose Royce and Mis-
Catherine Krieg are planning to atten
the banquet of Baltimore Chapte
American Institute of Banking, at tn
new Lord Baltimore Hotel, on Saturda
evening.
IL. Pierce Biddle, personnel officer {
the American Security q Trust Co., :!
author of an article in the Burrougt
Clearing House on the efficiency ratin
system as applied to bank employe
He shows that the system has prove
o great help and encouragement, espt
cially to younger clerks In getting tn
right start.
Sales of Safeway Stores. Inc, fc
January totaled $12,889 1893, again
t6,003,237 in January, 1928, gain
over IS per cent. This Is the compar
with which the Sanitary Grocery G
Of this city now has Affiliations.
Western Maryland Report.