Evening star., 1933-02-04
Gas EAGN..N1S OFF
$192,376 IN YEAR
December Operating Net
Within $168 of Same
Period in 1881.

Total net operating revenues of the
Washington Gas Light Co. for De-
cember amounted to s199, 300, against
s1s9,468 in December, 1881, revealing
a decrease of $168, according to the
monthly statement filed with the Public
Utilities Commission today ..o-.4
Operating expenses for the month
totaled $376,450 against 1888, ,e94 in
the same month year ago, or an in
crease OF Sl7,756. Operating revenues
were s17,588 higher, amounting
$575,750 this year in comparison with
S558, 162 in December last year. r.:
Taxes in December amounted to $28,-
O8O against S22, ,889 year ago. 1.-The
provision for uncollectable bills = was
larger, leaving an operating income oof
s153, ,842, against $174,838. Non-operat-
ing income decreased from $14,8S8 TO
deficit of $46,4 Ala, largely due to year
end adjustments. leaving gross cor
porate income in December Of $t07,-
427, compared with S189,69 In the IKE
month year ago. 7,.Dd,
After interest and other charges, the
gas company reported a total net cor
porate income for the month, before
dividends. of s37.264, in comparison
with sll9,331 in December, 1881. The
decline IN net corporate incomes As et-
tributable primarily to year-end ad-
JustmentS recorded in December affect.
ing income accounts for the year of
1882 and also to rate reductions. ,4..
Earnings for the Full Year,
The gas company also reported earn
ings for the II months ending Decen-
Der 81. Net corporate income before
dividends totaled S949, ,458, against
q do
crease of S192.376. di,,i.
Gas operating revenues for the year
amounted to S5,897. BAG. against Ss,-
97l,l13 for 1881. Operating expenses
called for $3,7l0186, compared with
S3,697,139 last year. leaving net operat-
ing revenues of s2,187,1 1853, against -$2,.
273974 in 1881 60
Taxes were s356,285. compared with
1926, 1856. Non operating income
amounted to S2,118, against S36, ,l53 for
1881. leaving gross corporate income
of s1,786,014, while the same item hast
year totaled s1,e59,7l4. Interest and
other charges required S836,556, against
S8l7,879 in 1881 -.
Rate reductions during the year ere
given as an important reason for the
oo'i1ie ~ e"iiiAlse' 80.
Georgetown Report Also Filed.
Total net operating revenues Of the
Georgetown Gas Light Co. for Decefn-
Der amounted to $11 1,487, against S18.-
694 in December. 1881, revealing q
falling off of s7,207, according to the
monthly statement filed with the Pub
lie Utilities Commission today. 1'-'
Operating expenses for the month TO-
tailed Sl21 004. against S110522 in The
like period year ago: Operating rev.
fn iy7
parison with s129,216 for December,
last year. y.,G
Taxes in December called for s2,335,
against s2,205 a year ago. Uncol-
lectable bills were large, leaving an
operating income of S5,543, against
S16,l42. incorporating income de.
creased from s2,526 year ago to ST..
TIA, leaving total gross corporate In
come in December of S7,257, compared
with sl8,66S In the same month year
ago. a.
After interest and other charges, the
gas company reported a total net cor
porate income for the month. before
dividends. of S2,796, in comparison with
a net corporate income Of S14, ,f06' In
December, 1881. III.
Earnings for Year.
The Georgetown Gas Co. also re
POl tCu Cdl 4AL4SS AOI Lie year. N6k CO1-
porate income before dividends totaled
s101,643, against s13s,443 in 1931r.ef .
decrease of $50, 800. ,-GT,
Gas operating revenues for. 1882
amounted to $1,253462, against - ST.
2ll ,003 last year. Operating expenses
called for s1,047,605, compared with
s998,537. leaving net operating revenues
of sl78.857, against S212.466 in 1881.
Taxes for the year required S33,061,
compared with s34903 a year ago.
incorporating income reached the
sum of S19,573, against sec, ,285, leaving
a gross corporate income of Sl5B.Zn1,
against s193.574 in 1881.
Interest and other charges wers $50
558, compared with s55,131 for last
year.
ruu4y.