Evening star., 1936-05-28
PEPCO EARNINGS
WELL ABOVE 1885
April Net Totals $328,333.
Gas Firms Reveal De-
CIines in Month.
BY DONALD B. HADLEY,

the public Utilities Commission, the
company also revealed q net OF
Sl5l4,31l.20 for the first four months
of the year against $1,386,58S for the
same period last year.
Operating revenues for April were
s1.l56.808.01 against S1,091,736.84
wear ago: revenues deductions, $751;
e67.76 against $3.50, ,483.77; net operat-
ing revenue, $418,840.25 against $402,-
253O7: incorporating income, net,
ss376.65 against $l2,3O7.93; gross cor
porate income. s428,21690 against
s414,56l; deductions from gross cor
porate income. 500 ,883.69 against Ss2,-
e93 81, leaving total net income OF
1928. 81 against 1921, ,567.33.
Included In the revenue deductions
for April we're: Operating expenses
1923 .477.86 against S491 ,668. 80; retire
ment expenses, S7l,l44.36 against
S8351s.34; uncollectible bills. s93l.4O
against s66071; taxes, $142,4l4.l4
against s113, ,635.82.
operating Revenues Climb.
operating revenues for the four
months we're S4,738, ,60867 against S4,-
43o114.22 a year ago; revenue deduc-
tions. s2.861.156.45 against s2,7l3.-
i61.75; net operating income, sl,877'-
45222 against $1,7l6,952.47; non-op-
Grating income. net, $35,l77.24 against
s41429 80; gross corporate income, ST.
e12 62e46 against $1,758,38l.77; de-
auctions from gross corporate income,
s3es. s.318.26 against $37l, 1885, leaV-
inp net income for the four months at
e15143l1.2O against $l,3S6.588.22.
Included in the revenue deductlons
for the four months were: operating
expenses. s2,OO1, ,589Ol against $780,
4el46: retirement expenses, S284,-
1872 against $333, ,414.47; uncollectloie
bills, s5,144.6e against $8,922.55; taxes,
s57o.2S.03 against $479, 9,333.27.
Revenue from sales of current In
April totaled s1,145,316.76 compared
with s1.o81 ,03e.15 in April, 1885. In
cluded in this was rise in domestlc
service receipts to S422, .6o from
s3e4,43o.74. Revenue from sales OF
current for the four months reached
SAIL, ,6O6.O9 against s4,403,056l5 last
rear Domestic service receipts were
e177s112.44 against $1,650. .803.o3.
Washington Gas Light Co.
The monthly report of the wash
ington Gas Light Co., filed with the
Commission, shows net operating rev.
enue for the month Of April, 1886, Of
s154.e17. compared with sls6,809 for
April Of last year, decrease OF s42'-
1872.
operating revenue for April, 1885,
$500. 1874, compares with S59l ,242 Tor
April a year ago, an increase OF
elo.ss2. Operating expenses, includ-
ing taxes and uncollectible bills, In
creased s53.O74, this years figure be-
ing s447, ,5o7, against 1894 ,433 in April,
1885.
Non-operating revenues for April
this year decreased S638 from last
years figure of 3,427 to $2,789, re-
sulting in a gross corporate income
of sl57,406, which compares with
s200,236 for April, 1885, or de-
crease of S42,830.
Interest deductions of $75,146 for
April, 1886, were s2,961 more than
last years figure of $72, ,185, result
Ing in a net income Of s82,260 this
year compared with $l2S,O5l last year.
Georgetown Net Down.
The monthly report of the George
town Gaslight Co. also filed with the
commission, shows a net income OF
$3,497 for the month of April. 1885,
as compared with net income OF $7,849
for April Of last year.
Operating revenues this April were
&134,158, as against $127, ,141 for April
1885, an increase of s7,017. Operating
expenses, including taxes and uncol-
lectible bills, increased $11.031, this
years figure being s125,S90, against
e114,S59 for April, 1885.
Incorporating revenue was 81 less
this year than last year, resulting in
a gross corporate income of SS,268,
compared with an income OF $l2,283
for April, 1885. Interest deductions in
creased 1897, this years figure being
$4,771, against s4,434 for April, 1885.
Trading on d. C. Exchange.
A slow pace was set today on the
Washington exchange with only two
deals reported after the call. Ten
shares of Capital Transit sold at 1875
while one share of Washington Rail-
way & Electric preferred changed
hands at ITO.
Industrial production increased in
April, rejecting principally larger out
put of steel and of automobiles, ac-
cording to the Federal Reserve Boards
monthly review Employment and pay
rolls in the durable gods industries
showed advances.
Volume of industrial production, as
measured by the boards seasonally
adjusted index, increased from SO per
cent of the 1923-1925 average IN
March to 100 per cent in April.
A survey of the position and pros
poets of % industries, prepared by
the Fenner & Beane Industries Serv-
Ice, shows that on the basis of facts
now available, the building supply ano
industrial machinery industries appear
currently to have the most favorable
iong-term prospects of any Of the 2s
Industries reviewed.
Women Investors to Meet.
To provide a medium for intensity
ing its activities on behalf of woman
jobholders and property owners, Won.
en- Investors In America, Inc, ha!
launched its new organization news
paper, entitled Woman Courageous
and set as its goal the enlistment o.
100000 members.
The newspaper announces the ap
preaching convention of Women In
vestors in America, Inc, which viii
be held in Chicago June and 4.
Our organization is presenting,
says the announcement, "the frs
Finance Congress of Women for tn
purpose of offering expert speaker
from the field of finance and industr.
and to inspire women stockholders
property owners, taxpayers and job
holders to become more informed ant
articulate on matters affecting thei
-