Evening star., 1936-03-26

know Wnere they -
stand. n.,. r,.u,,,
The Washing
ton banker stressed the Importance
of explaining fully to all patrons the
exact reasons why loans cannot be
made in cases where they are not
bankable. advised officials to study
conditions in their own communities
with view to taking over as many
loans as possible that were made by
Government agencies during emer-
gency conditions. and declared that
bankers today ARE better equipped
than ever before to render adequate
and constructive service to the people
of this Nation"
Potomac Power Net Mounts.
Net earnings of the Potomac Elec-
tric Power Co. in February totaled
S377,04l12, against $3.50, ,283.26 in Feb
ruary, 1885, a substantial gain of $751;
757.86, or 1113 per cent, according
to the monthly statement filed with
the Public Utilities Commission to-
day.
Operating revenues amounted to
sl.155,989.73, an increase OF $8l $685.,
or 1853 per cent while revenue deduc-
tions for operating expenses called for
S687, ,o07.58. an increase OF S36.99O.5 81,
and leaving net operating income
OF S468, ,082.15, a gain OF S44,9O90S
or 1851 per cent.
Incorporating income was slightly
lower than in February, 1885. leaving
gross at s476,526.34. Deduction from
gross for interest and dividends re-
ouired S99,485.22, against S93,0l8l0 a
year ago.
In the first two months of 1886
Potomac Power operating revenues
showed a gain of S173638.68, or IT'S
per cent. At the same time operating
revenue deductions were s79, ,4Oo.7o
higher than last year, leaving net
income from operations s9423l,9
higher than last year, a gain OF more
than 10 per cent.
Net income for the two months
totaled 1922, BAT AZ, an increase OF S78,-
s26.21 over the like period year ago,
o gain of 1861 per cent.
The monthly report of the Wash
ineton Gas Light Co.. filed with the
Public Utilities Commission, shows
net operating revenue for February OF
s272. 326, compared with S2So,388 for
February of last year, a decrease OF
S8,062.
Operating revenues for February.
S7el 500, compare with s700,768 for
February a year ago. an increase OF
seos31. Operating expenses. includ-
ing taxes and uncollectible bills, in
creased ssS,S93, this years figure be-
ing s519,273, against s42o,3S0 in
February, 1885.
Non-operating revenues for Febru-
ary this year decreased S4,536 from
last years drop of S738 to a decrease
of s5.274. resulting in gross corpo-
rate income of s267,052. compared
with s279,65 for February, 1885, or
q decrease of sl2.598.
Interest deductions of s73,969 for
February. 1886. we're Still more than
last years figure of s72,258, leaving
a net income of s193,083 this year.
compared with S207, 1892 last year.
For the first two months of this
year net income stood at S335,353,
against S346,939 in the like period
last year, a decrease of Sl1,586, due
largely to lower incorporating reve-
nues and higher expenses.
Georgetown Net Shown.
The monthly report of the George
town Gas Light Co. filed with the
Public Utilities Commission, shows
net gain of s15,257 for the month Of
February, 1896, as compared with a
gain of S6,l32 for February of last
year.
Operating revenues this February
were S184,511, as against Sl60.355 for
February, 1885, an increase of S24, ,156.
Operating expenses, including taxes
and uncollectible bills. increased s15,-
OPT. this years figure being S164.810,
against S149, ,783 for February, 1895.
Incorporating revenue was the same
this year as last year. resulting in
gross corporate income Of S19,702,
compared with an income of S10,573
for February 1885. Interest deduc-
tions increased s4, this years figure
being s4,445, against s4,44l for Feb
ruary, 1885.
In the first two months of 1886 net
income totaled s28,232 against s9,925
Q year ago, an increase of s1S,307.
Bank Women Elect OfYicers.
Miss Constance D. Fogle. Riggs
OF
of the Bank Women's Club at the
annual meeting held at the Women's
City Club last night. Miss Etheline
z. Parker, Security Savings g. Com
mercial Bank, was named vice presi-
dent; Helen Healy, National Savings
g. Trust, recording secretary; Myrtle
T. Lewis. Liberty National, correspond
ing secretary; Margaret A. Berckmann,
National Metropolitan. treasurer, and
Anne Crawford, Mciachlen Bank,
historian.
The Board of Governors includes
Alice H. Whitton, First National. Alex
andria, retiring president; Eleanor
Dankmeyer, Security Savings & Com
mercial; Katharine W. McCalmont,
W. B. Hibbs g. Co.; Vivian Stokes,
Hamilton National: Gertrude c. Wick,
Liberty National, and Marion Willett,
National Metropolitan.
Five new members were admitted,
Miss Margaret Webster, Mrs. Florence
Heinrich, Mrs. Olga Heber, Mrs.
Teresa Sears and Mrs. Lillian Salter,
all from the McLachlen Banking Corp
Metropolitan Votes Dividend.
Directors of the National Metro
politan Bank, at a meeting yesterday,
declared a Semi-annual dividend Of
per cent, payable April is to stock
holders of record on April S.
Ralph M. Wolfe, manager of the
Washington Office of Mackubin, Legs
& Co., members of the New York
Stock Exchange. announces the in
stallation of a new stock quotation
board which carries the years range
>f fbn