Evening star., 1941-11-28
Capital Transit Net
Slightly Below 1910
Mark in October
Higher Operating Costs
And Tuxes Blamed
For Decline
BY EDWARD {. STONE.

4'NS AAANOAAAt vi t4AO Val hpAbdl L oii1i
Co. in october totaled the substan
tial sum of sl35 ,583.35, compared
with sl37 ,465.34 in October, 1910. o.
& tiny drop of S188199, or IA pc
cent, due to higher operating eX'
penSes and taxes, according to thu
monthly statement filed with thu
Public Utilities Commission today
Operating revenues totaled ST ,485,'
27477, an increase of 1902, 2,553.33, ol
ESQ per cent over october last year
Operating expenses required $685.
22929, an increase of 1924 064.59, ol
% per cent, while taxes called fol
s174.l1475, an increase of S59,-
748.47, or 50 per cent. Deprecia-
ton was s20,77592 more than II
October, 1910. because of additional
streetcars and buses bought by the
company.
Total operating expenses, taxes
and depreciation amounted to ST.
2al,77228 an increase OF S3O4 ,588.98
or 30 per cent. Revenue passengers
numbered 2l.336,087 compared with
16856.088 a year ago. surprising
increase of 4480079, or more than
Is per cent. the report said.
In the first 10 months OF this
year Capital TTanslt'S net income
amounted to $993,43933, against
S7Ol. .775 %. a sharp gain OF S29l,-
664O5, or 4l.6 per cent. There was
a gain of 32.640,9O6 revenue passen-
gers carried, or 21.3 per cent.
c. & p. Phone Net Also OF.
Net income of the Chesapeake &
Potomac Telephone Co. in October
amounted to Sl28.597, which was
Sal 439 less than in October, 1910,
il was reported to the Public Utln-
ties Commission today.
Operating revenues totaled ST.
4O9O37. against Sl,l6l,l last year;
operating expenses called for Sl,O74.-
SIS, against 1928. BAT year ago.
GENERATING taxes advanced to Sl28,-
Oo5 from Sl16,032. Interest deduc-
tions required S846ll, against S62,-
$50 in october. 1910.
In the first 10 months of the
wear net income amounted to ST.
1886. .18O. compared with Sl,o549 $50
last year. Operating revenues totaled
sl2,O27 .656, against Sl0960,639 in the
like 1910 period.
Operating expenses reached So
5lOle7, compared with s7,72l.46l
last wear. While operating revenues
were up 1895 per cent over last
wear. expenses. including taxes, we're
2l.33 per cent higher, the report
shows,
There were 31l,028 telephones IN
service at the end of October, which
il an increase of 5l0l telephones
over the previous month. Telephone
users made 4l.020OOO calls during
the month. or 6,l63000 more than in
October, 1910.
b. q o Net Up Sl6,S45,595.
The Baltimore g. Ohio Railroad
reported today that operating rev.
enues for the month of october,
1o4l. we're s22,l77.722. an increase OF
over october, 1910. Oper-
ating revenues for the first 10
months of l94l we're Sl60 ,302 1874, an
increase Of $40, ,733, ,406 over the same
period Of l940
After providing in october for an
estimated retroactive increase IN
wages and taxes thereon for the
months of September and October,
1941, the net income. after all in
terest and other charges. for the
10 months was S19,l33,093 as COM
pared with S2.287.699 for the same
period Of 1910. an increase OF sl6,-
S45 1876.
Capital Store Sales Expand.
Department store sales in the
Capital for the week ending last
Saturday registered a 20 per cent
gain over the corresponding week
a year ago. the Federal Reserve
Bank OF Richmond announced
today The advance in the previous
week over last year was % per cent.
For the week under review, the
Fifth District sales average was up
10 per cent. trade was II per cent
better in Baltimore and in a group
of other cities jumped "a per cent
ahead of last year.
Trade in Washington showed a
drop of 20 per cent from the
previous week ending November 10,
the report said Sales were 16 per
cent lower in the Fifth District, 13
per cent in Baltimore and 6 per
cent in the group of other cities,
For the four weeks ending No
vember %. Washington led the
trade procession with an impressive
rise of q per cent, Trade in the
Fifth District was up 25 per cent,
25 per cent in the group of cities
and % per cent in Baltimore, the
review stated.
Murphy Opens Insurance Office.
H. Gabriel Murphy, who accom-