Evening star., 1941-12-31

OCTOBER ---- 1ol .S3U,S0f 1oo,o1o,ooo
November 148 80O4 O88 1872, ,125, 500
December l72,982,242 139843,55
Bank Deposits at New Peak.
Aggregate deposits in Washing
tons % banks are now believed 70
be at the highest point on record,
according to limited, unofficial sur
vev made in the financial district
today.
Deposits in Capital banks on Sep
tember "a. the date of the last call,
totaled s477.419,11447, the highest
point ever known, gain OF more
than s26.0OO.OOO over the previous
peak reached in June. Many banks
report that deposits have been
climbing steadily during the last
quarter of the year.
The opinion was expressed today
In unusually well-informed circles
that deposits in the banks here
NAV now be above the s49O, 600, 600
mark, which would mean gain OF
between s1O,OOOOOO and sl5,OOO,OO0
in the last quarter.
Bond and Stamp Sales Soar.
Since December s, the day after
the Japanese attacked Hawaii, De-
tense bond and stamp sales at the
City Post Office have increased D
or 10 times over sales previous 10
that date, officials said today.
While no definite figures have yet
heen complied. sales are probably
nearer 10 times than 5 tunes
greater than before this country was
forced into the war, an official said,
The increase has been SIMPLY
tremendous, he added, the $50 oonos
being in best demand in the defense
issues, while the demand Tor war
stamps has kept pace with the up
swing in bonds.
Washington Gas Net Of.
Operating revenues of the WASH
tngton Gas Light Co. for November,
194l. shown by the company report
lust filed with the Public UTILITIES
Commission, were 1923, ,056, COM
pared with s812,4 ,482 for November
last year. Operating expenses IN
creased S55, ,l48 to total OF S7Ob,3o9,
resulting in a reduction in net oper-
ating revenues to S39,574.
Incorporating income amounted
to s24,763, an increase OF S3,34i.
Income deductions were Sl,2u4
higher. and the final figure for NO
vember net earnings was S79, ,499, q
reduction of S37,43l compared with
November year ago.
The result of the company's opera
tions for the II months OF this year
was a net income of $685., ,174, COM
pared with sl,1O6,377 for the same
period in 1910. The decrease OF
sl2l.203 is attributable to taxes,
which were approximately $4,000
higher in the current period than
in 1910.
The report shows gas sales OF
1881. .359 M cubic feet for the month
compared with 1,239,972 M cubic
feet for November last year. There
were l76,923 meters in service in the
District of Columbia on November
30. 1941, an increase of Z per cent
over last year.
The company expended approx
mately 1921 300 in November ana
Sl,828,80O in the first II months OF
this year for extensions to its prop
erty in Washington.
November Phone Net Rises.
Net income of the Chesapeake &
Potomac Telephone Co. in Novem-
Der totaled S16l, ,129, an increase OF
S43,664 over the total of Slit ,465, it
was shown today in the monthly re-
port filed with the Public Utilities
Commission
Operating revenues for November
amounted to $l,404 ,939 against
s1,146616 a year ago while operating
expenses required s1,040,l83, as
compared with S677,732 last year.
For the IL months of 1941 op-
Grating expenses were 18 per cent
higher than in the same period last
year, while expenses, including taxes
were 81 % per cent higher. Taxes in
November called for $132,860 against
S97,975 year ago.
Net income in the IL months OF
this year amounted to Sl497 ,309
compared with ST ,672 400 in the like
period in 1910, a decrease of $751;
Oe1. due to higher operating ex-
penses, including taxes.
There were 315,7 telephones in
service at the end of November
which is an increase of 4,760 tele-
phones over the previous month
Telephone users made 39,l5l ,O0C
calls during the month, or 5,263,-
900 more than in November, 1910
New Passenger Agent Named.
Frank L. jenkins, passenger traf-
fic manager of the Southern Rail-
way System, announced today that
w. C. Spencer has been appointed
assistant general passenger agent
in Washington. Mr.. Spencer has
had long and varied experience with
the Southern and assumes his new
duties tomorrow.
Heavy Trading on Exchange.
Mergenthaler Linotype led another
day Of record trading on the Wash
ington Stock Exchange when more
than 800 shares in some IS trans
sctions changed hands at 1854. One
hundred shares sold at q.
Capital Traction SIS moved at 103
American Security g. Trust Co
stock registered a seven-share sale
at 1877, and Is shares of Capita,
Transit sold at 15A. Potomac Elec-
tric Power per cent preferred
moved at lib.