Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-01-26
ONLY LIGHT TRADING
/ ON THE LOCAL MARKET
Prices Were Generally Very Firm
Home Savings Bank Shares
) Advance to $3.50.
Capital Traction Sold at SS14.
Capital Traction Sold at SSM
Annual Report Of Washington,
Baltimore & Annapolis Co.
BY I. A. FLEMING.

Very little business was transacted
on the local stock exchange this after
noon. There was comparatively light
attendance of brokers and spectators.
many of the members and the financiers
of the city being in attendance on the
funeral of Henry Hurt.
While transactions were light, there
was little or no evidence of any pres
sure to sell stocks, prices holding their
own with considerable tenacity, as
shareholders have faith in the dividend
earning power of their securities.
The only bank stock showing on the
sales list was ten shares of Home Saw
ings. at $50 share. sharp advance
over the last previous sale.
Capital Traction was decidedly firm
at SSk with sales of several small
lots at this figure.
Mergenthaler quiet at Ill.
Bonds were little better than entlrely
nominal. a sale of Capital Traction 5s
being made at 10T. Bid and asked prices
showed no important changes.
Southern Railway Earnings.
Gross earnings of the Southern Rail-
way Company for the month of Decem-
ber 1915. increased s914,721.64, as COM
pared with the gross for the same
month of the previous year. Net earn
ings in the same comparison increased
sS50,535. or 61.61 per cent.
: For the first six months of the cur
rent fiscal year ended with December
gross earnings increased over the to-
tails for the same period of 1914 Sl,b1l.-
III. while the net. oyer operating eS-
son, increased s3,315,609, or 41.15 per
cent.
w., B. & A. Annual Report.
Gross earnings of the Washington,
Baltimore and Annapolis Electric Rail-
road Company amounted to sS45.6s2.sS
for 1915. contrasted with sS16,s3s.11
for 1914. In the statement Of December
the operating revenues of the company
were s65.047.40, against s62.433.75 for
the same month in 1914. The annual
meeting of the company will be held
March q.
Following are the earnings:
DECEMBER
Rvy. operating revenues. ss5.Sss.4o ss2 $3.50
hwy. operating expenses 3o.9SO.oo SISsooS
Ne. rev. rwy. opera tions $29.Oe1.s5 SIS 0o3. 2
Net rev. auxiliary oper.. l,593.01 5,13552
Net operating revenue $50, soo.3s sso1s9 "a
Taxes assignable to rail-
way operations 3.S79-oo 3.Uo-oS
Operating income - S2s slosI s27Is3.5o
Non-ope rating income. 1.0220l 1,252 81
Gross income .. 81. s32.s2 s2s. 435 80
Deductions from gross in
come ................ 21.ls1.7O 20.3l9.S5
Net income ........ ss.e5I.l2 ss.116.24
Percentage railway operating expenses to rail-
way operating revenues, 1915. 1921; 1914, 1894
TWELVE MONTHS ENDED DECEMBER 81.
1915. 1914.
Rwy operating revenues .$s45, $50 90 $s16 .93S. Il
Rwy. operating expenses. 4ts.5I2-s4 443 So 10
Net rev. rwy. operations 1916, Hop 1857 313-O1
Net revenue auxiliary or
erattons .....--...-.. l3-sIO-lO l3D2o-ol
Net operating revenue $3.50, $50. y $3.50 23s OF
Taxes asstgnable to rail-
way operations AZ. 5S2.05 3I,S13-9i
Operating income 800. S3&s, 1896. 1T 1914, 42i .O5
Non operating income. IL, 465. T3 1901 II
Gross income ........ 1880, seq. 30 1851 485 p
Deductions from gross in ~
come .............. 25s. $50. 4s 255, 787 "a
Ne, income ....... $lo2.l7444 SOL 727 IS
Percentage railway operating expenses rail-
way operating revenues. 1915 55.52; 1914. s.. o.
Condition of tho Treasury