Evening star., 1918-01-25
v, B. "a. RAILROAD CO.
N|AREseOOD i < !. SHOWING.
S By I. A. FLEMING.

It Is within the probabilities that no
interurban. public utility corporation
has been more benefited by the enor-
nous increase in traffic between ter
minals. largely induced by the war,
and the placing of one of the most i'm
portant OF military camps on its lines
than the Washington. Baltimore and
Annapolis Electric Railroad.
In the year 1917 the gross earnings
of the corporation Increased S6l4,'' .
and net after operating expenses ana
taxes by s302,52 the net avaiiahle
for dividends increased from sis2,322
in 1916 to s455.000 After paying the
dividend on the preferred stock. SSI,343
there was left, for the common stock
$367,665. as against sT4.s17 year ago
These figures Were after an allowance
for the excess profits tax
During the year the company has
added eight modern high-speed loco
motives to its equipment. and nifty
modern trailers. has constructed
double line of track from Naval Acad-
emy Junction to Camp Meade, and built
a plant to light, heat and give needed
power to Camp Meade.
More than 30 per cent of the lines
are on the company's private right of
way. The total capitaliza tion is Sl3,-
49S, 900.
Deduct Your Tax=s.
When YOU fill out your income tax re-
turns you are permitted TO deduct all
taxes paid by you. real and personal,
save the income tax and taxes for spe-
cial improvements that are of only ln-
direct benefit to you.
A ruling made yesterday allows de-
duction as a loss of the cost of thaw-
ing out the pipes for gas or water in
front of your home or other property
owned by you.
Will Withdraw Funds.
Banks have been notified that the
government viii withdraw war loan
funds during the next week, and they
are preparing for the call by restrict
ing time loans, making call loans and
generally preparing for stifening of
rates next week.
Bankers are also discussing the pos
sibility of the government using the
short-term note instead of bonds
means of financing. although admitting
that such financing was extremely un-
likely for the present. The suggestion
was for five-year-note issue
Important to Know.
If your income is sufficiently large to
he subject to the added taxes under the
act Of 1917. and is made up in part OF
dividends, delay your tax return until
such time as you have discovered Just
what portion OF your dlNldendS were
earned in 1916.
Efforts are being made to disclose
this information for the benefit of tax
payers. Eugene f. Thompson has re-
ceived many answers to queries sent
out to local corporations, and finds
that. many Of the dividends paid in
January. 1917, and even later were from
accumulated profits of 1916 and there
fore not subject TO the taxes Of 1917.
Efforts are also being made to OBJ
q I'm ia fpVr1 af frnr rot tnnS
outside of the District. Each recipient of
dividends with incomes that come
under the added tax class or in excess
of $1,000 net should make it a business
to write to the corporation paying the
dividend and make inquiry as to
whether dividend check No. -, was
paid out of the profits of 1917 or of
1916. -
On the Local Exchange.
Today's session of the local stocl, ex-
change resulted in transactions of
n n