Evening Star Newspaper, November 28, 1935, Page 13

F * WASHIGTON S LT NET RES Cctober Profits $8,368 Higher as Georgetown Also Reports Gain. BY EDWARD C. STONE. *The monthly report of the Wash- ing Gas Light Co., filed with the Pub- lic Utilities Commission late yesterday, shows net operating revenue for the month of October, 1935, of $114,210, compared with $105,842 for October of last year, an increase of $8,368. Operating revenue for October, 1935, $512,914, compares with $478,564 for October & year ago, an increase of 634,350, Operating expenses, includ- ing taxes and uncollectible bills, in- creased $25,982, this year’s figure be- ing $398,704, against $372,722 in Oc- tober, 1934. Non-operating revenues for October this year increased $12,849 from last year's figure of $9,960 to $22,809, re- sulting in a gross corporate income of $137,019, which compares with $115,802 for October, 1934, or an in- crease of $21,217. Interest Deducted. y Interest deductions of $73922 for October, 1935 were $1,234 more than last year’s figure of $72,688, resulting in a net gain of $63,097 this year compared with $43,114 last year. In the first 10 months of 1935 Washington Gas Light's net income totaled $795,184, in comparison with $821,992 in the like 1934 period, a de- crease of $26,808. Operating revenues gained $223,169, but operating ex- penses and taxes also increased by $214,950. Interest and amortization called for $21,000 more than a year ago. Georgetown Gas Net Also Up. ‘The monthly report of the George- town Gas Light Co., also filed with the Public Utilities Commission, shows & net gain of $4,327 for the month of October, 1935, as compared with ® gain of $2,123 for October of last year. Operating revenues this October ‘were $116,299, as against $109,205 for October, 1934, an increase of $7,094. Operating expenses, including taxes and uncollectable bills, increased $4,889, this year's figure being $107,- 532, against $102,643 for October, 1934. Gross Is Larger. Non-operating revenue was $1 less this year than last year, resulting in a gross corporate income of $8,768, compared with an income of $6,564 for October, 1934. Interest deductions for this year were $4,441, the same as October of last year. 3 Reports for the first 10 months re- ‘veal substantial improvements in net income which totaled $6,799 this year against a deficit of $14,813 in the like period last year, a turnabout of $21,612. 133 LIQUOR CONCERNS’ STATUS BEING PROBED Alcohol Administration Investi- gates New Companies Seeking to Enter Industry. By the Associated Press. After issuing 3,478 permits to estab- =lished liquor producers apd importers, the Alcohol Administration has be- | ‘gun investigating 139 new corpora- | tions which want to enter the industry. | The new concerns asking permits are divided as follows: Distillers, 15; rectifiers, 23; importers, 65, and vint- | ners, 36. The administration also is working on 1850 permit applications from ‘wholesalers, who have until March 1 to register. Saturday midnight was the deadline beyond which existing producers and importers could not operate without permits, B HEADS GRID TEAM Mark Whalen Elected Captain at Coast Guard Academy:. INANCI1A Remarries GLORIFIED BEAUTY WEDS SOCIALITE SECOND TIME. HESTER DEANE, One of the “glorified American girls” in Hollywood, has eloped to Yuma, Ariz, with James F. Lewis, New York socialite and heir to millions, it became known today. Miss Deane and Lewis were married before, but the marriage was annuled a few months ago. —A. P. Photo. CHURCH TESTAMENT IS PROBATED HERE Prominent Washington Attorney Who Died October 10 Leaves $91,632 Estate. | Disposing of an estate valued at | $91,632.50, the will of Melville Church, well-known Washington attorney, who died in Boston on October 10, was ad- mitted to probate in District Supreme Court yesterday. The family home at 1608 Twentieth street was left to a daughter, Miss Mallory D. Church, who was named executrix, while all his securities, which composed the bulk of the estate, were divided equally among his six other children—Melville D. Church, 1825 Q street; Kortright Church, Falls Church, Va.; Mrs. Helen D. Barclay, Roland Park, Md.; Heyliger Church, Marblehead, Mass.; Mrs. Maxwell D. Blair, Pittsburgh, Pa., and Durant Church, Chevy Chase, Md. The attorney left the name of his library and the farniture in his offies in the Press Building to his partners, P. Brown. Miss Mallory Church was repre- sented before the court by her brother, Melville D. Church, Loretta Young Recovers. HOLLYWOOD, November 28 (#).— Loretta Young, film star, who has been 11l fof three months, was pronounced sufficiently recovered today to resume her screen work. PROPERTY Mark Whalen, son of John T.| Whalen of 1765 Euclid street, has| been named captain of the 1936 Coast | Guard Academy foot ball team at New London, Conn., according to re- ‘; ports received here. He plays end. | Whalen attended Central High | Bchool here from 1925 to 1929. He went to Georgetown University for one year. He entered the academy in 1933 gnd will graduate in 1937. | -Howard U. Enrollment Up. Increase of 28 students over last Yyear's enrollment at Howard Univer- sity was announced today by F. D. ‘Wilkinson, registrar. Total enroliment in all schools and colleges at the uni- versity for the first semester of the present year is 1,743, MONEY FOR CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTIES 5Y2% VIRST DEED OF TRUST ONLY GEORGE L. BORGER Suceessor to out ks ‘B eaEA T 643 Ind. Ave. N.W. First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbis, Nearby Maryland and Virginia 5%% Prompt Action BONDS EXPECTED TOWEATHERTESTS Treasury and Budget Plans, Cold Imports and Other Factors Weighgd. By the Associated Press. NEW YORK, November 28.—The bond market, Wall Street analysts be- lieve, will steer through numerous shoals during the next two months. These include Treasury financing, presentation of the budget, bonus agi- tation, congressional monetary pro- posals and gold imports. “In view of the huge reserve posi- tion and the fact that these develop- ments_largely offset each other, the market should not be more than tem- porarily disturbed,” Moody's Bond Survey says. Huge Sum May Be Needed. Bankers think that the Treasury financing may result in a call for sev- eral hundred millions in new cash. Opinion in most circles, however, is that even if the cash issue should run well in excess of $500,000,000 the market would take it without flinch-~ ing. As for the arrival of the budget on the bond market horizon, sentiment in financial quarters leans toward the hope that announcement of the ex- pense program might carry with it indications of an attempt to approach a balgnce within the next two or three €ars, Although many financial observers feel that agitation for the bonus will result in some payment, there are few signs of alarm on this score among bond men. The monetary proposals which are law firm, Church & Church; his law | Clarence B. Des Jardines and Halbert | expected to turn up with the open- ing of Congress will temporarily leave bond market sentiment uneasy, as some see it. Influx to Help Prices. The Italo-Ethiopian dispute and the unsettled French financial position, on the other hand, are counted on by bankers to push additional gold to the United States for some months et. . This influx of gold, it is held, will continue to hoist bank reserves and through this process add to the al- ready enormous pile of excess idle capital in search of work. Bond market analysts insist that this large fund of bank reserves should provide support to the prices of low- yield obligations and in this way help to stiffen the market's back in the event of passing disturbances. COMPANY FORFEITS $25 The High Ice Cream Co. through Luther W. High, proprietor, 1322 Half street southeast, forfeited $25 in Police Court yesterday on a charge of viglat- ing the female eight-hour labor law. The charge was that the company failed to keep a correct record of the time put in by Mary Bassett. The alleged offense occurred on Septem- ber 3. 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Constant inspection by our supervisors main- tains that condition, offsets depreciation and keeps ten- ants satisfied. CARE TAKEN in the selection of tenants insures prompt collection of rents. Intelligent handling of delinquents prevents losses to owners and keeps satis- fied tenants. OUR SERVICE is more personal to the tenant because our house managers and assistants are trained by us, and our principles of management improve all features of service while saving overhead to you. An ezeoutive in our Rental Department will outline the many advantages' Rental Service. Come in or ufi,::u. Propersy Management Speciclists for 30 Yeors B. F. SAUL CO. 925 15th Street . Natl. 2100 N.w. 1505 H St. NAtionsl 2345 EBRATED HERE. ' MR. AND MRS. GIUSEPPE CUNSOLO, Who celebrated their fiftieth wed- ding anniversary at their home, 4716 Wisconsin avenue, Monday. —Harris-Ewing Photos. S e NORRIS IN CAPITAL AFTER T.V.A. INSPECTION Declines to Comment on Political Plans—Pleased With Power Project Progress. By the Associated Press, Senator Norris of Nebraska returned to the Capital yesterday, enthusiastic over progress of the Tennessee Val- ley Authority, but reticent as ever about his plans for the 1936 Nebraska senatorial campaign. “You'll just have to say I declined to comment,” he replied to inquiries as to whether he had made up his mind to retire and what he wished to say about his personal indorsement by President Roosevelt. Norris spent several days inspecting the T. V. A. and expressed pleasure at progress made since late last Sum- mer. He was interested in news of fees asked by Arthur F. Mullen, former Nebraska Democratic national com- mitteeman, for legal servicel to two | big Nebraska P. W. A. power projects, | but on that, too, withheld comment, | was discovered by two officers of the | with the turkeys bundled under his THURSDAY, NOVEMBER 28, 193G TURKEY THIEF ROUTED | REWARD IS APPROVED Escapes After Shot. A burglar with a big appetite, who entered the store of Charles Pisner, 1510 Seventh street, was so badly frightened yesterday by s shot from & policeman’s gun that he left his loot of five dressed turkeys behiud. The poultry thief, a colored man, ficer to Accept $25 From Navy. Pvt. J. V. McKone of the Metro- politan Police, has been authorized Navy Yard Recelving Station here. The reward amounts to $35, of which 5 per cent, or $1.25, is deduted to be deposited in the Police Depart- ment clothing and helmet fund. second precinct at about 1:30 alm. arms. When one of the policemen fired a shot in the alr, the man dropped his Thanksgiving dinner and escaped in the darkness. Construection Crowd Oven.nxioul. Lom Crowds struggling to board s Goud- In the Distriet of Columbis and hurst, England, omnibus recently, Nearby Maryiand and Viesinia. pulled & woman through the window. AVE| WEREBRRS Loan Correspondent Metropolitan Life Insurance Company Washington Blds. DI 9486. 7/ Do You Have Detailed Information Regarding Unemployment TAXES? We Have FORMS Providing for infe n required by thi , Effective Jan. 1, 1936 An accurate record must be kept by concerns with eight or more employes, Our representatives are familiar with the application for this tax to your ness. Stock férms have been pro- vided for nearly all require- DIRECTORY- COMMODITY BROKERS coTTON S So o Brhn RUBBER—HIDES—METALS—SILK H.l‘ldllnu Commodity Exchan theimier & G5 o WA gfi% ments in order to minimize cost of keeping this record. Specialists for Business Records and Equipment Walcott-Taylor Co., Mins Bide. INCe pgtro. 5346 H. L. 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