Evening star., 1933-12-28
CAPITAL UTILITIES
REVEAL EARNINGS
ReDortS for Eleven Months
and November Filed With
Commission.
BY EDWARD c. STONE.

anG Georgetown Gas Light Companies
all led their November financial state
merits with the Public Utilities Com
mis- on today, while the Chesapeake q
Pot. mac Telephone monthly report was
hle@ late yesterday.
Prtomac Electric Power reported
operating revenues in November
amounting to 1920, 122 "a, against $751;
36992 in November, 1882, a decrease of
sIl- 469 98. Revenue deductions called
for 'S493 1886 OF, against $468, 38, an
increase in operating expenses Of S25,-
1856 So leaving net operating revenues
OF <426,237.77, compared with S462,-
Cpl Al III November year ago, drop
OF s36. .38367
Miscellaneous income totaied SILL
59l 90, against S12,O9l.85 last year,
while gross corporate income totaled
S437 ,62967, as compared with S474,-
1929. Deductions from gross took
S76492 54. against S76,455.23, leaving
a November net income of 1851 ,337l3,
in comparison with S398,258.06 year
ago. or a decrease Of S36.92093.
For the first II months the power
company reported operating revenues
Of S9953.325.22, against S9988,74S.22 a
year ago, OF S35,4 ,423 Revenue de-
pared with S5,233,37704, a saving OF
S6,057, leaving net operating revenues
of S4,726,005.18. against S4,755,37118
q year ago, decrease OF S29, 1866.
Miscellaneous income of Sl28,587 "a
was S6,59888 lower than last year.
Gross totaled S4,854, ,592 So, against S4,-
$50 ,557 40 and deductions from gross
amounted to 1887 ,069l2, as compared
with S842, 1881, a gain of S5,264.39,
and leaving a net income for the II
months of S4,017, ,523.40, compared with
S4,048, ,22380, a decrease Of $50, ,7OO.49
from the like 1882 period.
Washington Gas Net Improves.
The monthly report of the Washing
ton Gas Light Co., filed with the Public
Utilities Commission today, shows op-
Grating revenues in November this year
OF S537,230, compared with S5O3,9l3 IN
November, 1882, an increase of S33,3l7.
Operating expenses, including taxes and
unCClIeCtible bills, totaled S368.419 in
comparison with S366,088 in November.
1892. leaving net operating revenues OF
S1G8 811. against Sl37 ,825 last year.
Incorporating income increased SILL
55T this year, producing gross cor
DCr0tr income in November OF Sl75,SOl,
compared with s132. TAB the same month
last year. After interest deductions.
the gas company reported a net income
fOr the month Of Sl05,lO compared
with s6324l in November, 1882, gain
OF S4I664.
The gas company also reported earn
incS for the ll-m0nth period OF the cur
rent year. which. in comparison with last
10 n
rate reductions which were made in
1892. The ll-mOnth operating reve-
rues were S5,2O4 ,427, against S5,321,-
500 a year ago, drop Of Sl17,l72.
Operating expenses, taxes and uncol-
lccrible bills amounted TO S3,644 496,
compared with S369l,545 last year,
leaving net operating revenues of ST.
559S3l, against ST 5000 054 in 1882.
Incorporating income increased S225,
resulting in a gross corporate income
Of 81 COS .269, compared with 1873, l66
last year. After interest deductions,
tie net income totaled S764948, against
S9l2.l94 for the same period last year,
& decrease of Sl47,246.
w. r. 6 E. November Net Higher.
The Washington Railway & Electric
Co.'S November operating revenues
l.
year, an increase of S3,255.09. Operat-
Ing expenses required 1922 ,86862 COM
pared with 1892 ,25854. reduction in
operating costs of S9,389.92. leaving an
operating income Of S37,532.36, as
againSt'S24,8873S last year, or an in
crease Of Sl2645.
Non operating income amounted to
s477.245.56, in comparison with s443,-
O88 90. an increase of S34, 1868. Gross
revenues, less operating expenses and
taxes, amounted to S5l4,77794, COM
pared with S467976.01, a gain of S46,-
801 80. Deductions this year required
S53,80892, against S53,868.98, leaving
net operating income for November OF
$3.50. $50 .O2. against S414107.03, gain
OF S46861.99.
For the first II months Of 1888 the
company's operating revenues totaled
S3.768. 1861, against S4,153,281.18
wear ago, a decrease of over S384.000
Fypenses and taxes called for S35l5,-
236 SO. compared with S3,792, ,78468, a
reduction in expenses of over S277,OOO:
and leaving an operating income OF
S253.229.73. against $3.50, 1850, or a
decrease or S107266.77.
NOn-operating income was S2,065,-
94l go. against 81 .943, ,292.23, an increase
OF more than S122 900. Gross revenues
SQONeQ d gam VI olO'OoG.Oo' NNN
tiOns for dividends and interest and
the usual other purposes called for
S59685l.7l, in comparison with $685.
1855 last year leaving a net income
for the II months of 81 S1,722,3l9.62, as
compared with S1,7O9 .813.18 a year ago,
or an increase of S12, ,506.44.
Georgetown November Net Up.
The Georgetown Gaslight Co.'S re-
port shows operating revenues In NO
yember amounting to $l26,540, against
Sll9.554 in November last year, an in
crease of S6986. Operating expenses,
including taxes and uncollectlble bills,
also showed an increase, and amounted
to Sl18.l85 in comparison with Sll2,-
S97 in November, 1882. leaving net op,,
Grating revenues of S8.355, compared
with Sc 657 for the previous year.
Incorporating income increased from
S1.481 to S1.655 this year, producing a
gross corporate income in November,
1888. of $1,000, as against S8,l38 IN
the same month last year. After in
terest deductions. the gas company
reported a net income for the month
of S4.972, compared with S3,6e2 IN
November, 1882, an increase OF 81 ,2oo.
The gas company also reported earn
ings for the 11-month period OF the
present year showing operating rev.
erues of s1,126 sos, against S1,12o,971
a year ago. Operating expenses, taxes
end uncollectble bills amounted 10
s1o7s.5i1, against s989 887 last year.
leaving the net operating revenues OF
S48,O94, compared with S131,o84 in
1892
incorporating income amounted TO
S18457, an increase Of 81 ,062, result
ing in a gross corporate income OF
s6655i, @ in comparison with sl4a,47s
for last year. After deducting inter,
est charges, the net income totaled
S13.795. against s98.847 for the same
period last year, a decrease of S85,O52.
Telephone Earnings Improve.
Improvement was shown in earnings
of the Chesapeake & Potomac Tele-
phone Co. in November according to
the statement filed with the Public
Utilities Commission. The company