Evening star., 1923-12-20
SECURITY SAVINGS
VOTES DIVIDEND
directors Also Add $4,000
TO Surplus-B. & O. Re-
ports Good Year.

Al the regular meeting Of tho
board of directors of tba c,-,.'s '
savings and Commercial Bank held
Yesterday the usual quarterly div
| dehd OF } per cent anu an extra dis-
bursepent of l per cent were 80
Both will be paid on Dccember j,
! TO stockholders of record Deca,,h.a,.
70 the books closing from Decen,h.r
20 to January 10, inclusive.
II was also directed by the boar.
that the sum of s25, 600 be transferre,,
from undivided profits to the surnlns
| account
n. d D. Earns S13.T4 Per Share.
inc preliminary income account
OF the Baltimore and Ohio RaiIyat.
Company for 1923, with Decernbel
partly estimated, shows a surplus
after charges of $23,24l.IG9. equiva-
rent after per cent on S5sS62 ISL
pTeierreti stock to $1374 a share on
$loi i'545.429 common. This ComDarcs
Win $l.53 a share, on the common
actt &C. tal earnings OF 1922 and repre-
sehts the largest balance over
Gharges and preferred dividends in
Inc history of the road
from the years surplus over
I@ildI ma seS' estimated at $23,241.16g, tn.
company deductS the S5250on0 frr
application to capital nDrnosos sg,o9o naol e"l
essary To satisfy the terms of the
S%5,0O0,oO0 ten-year per cent loan
OF July /. 1919. As this money. To-
gether with the balance Of the
Sl''50O,0OO already set aside from in
come, is applicable to additions and
neIterments or reduction Of capital
obIlgations. il is. of course. = narf
OF the years surplus ovcrcharCes
urther deduction of preferred diyi-
oehd requirements leaves q balance
IN II, the years income of s15.6S6.642
Two quarterly dividends Of IL me-,
cent each declared from the vea,.s
surplus amount to $379S62O IN
ciudlng the final appropriation under
the loan agreement, the amount Or
the years income used for capital
purp9ses or carried to surplus was
$l7,GSS.02p.
Directors of the carriers YESTERDAY
Geciared their regular quarterly
dlFidends of "a per cent on cornmo1
ana 1.l1 per cent on preferred stock. bot.
payable March / to stockholders -
record January IL
2i.973 New Cars; 333 Engines.
total of 21.973 new freight car
and 333 new locomotives was irst,iiel
IN service during the month of Noyer7-
Der according TO reports filed TODAY b.
me; 5ne ral!roads with the car service
- .7tC4i u Iiie american RAILWAY A =
sccla ton. This brought the total Of
new freight cars placed in service froa,
January ] to December / this wear. 10
1885. while 3,704 new locomotiyes
We're installed during the same period
O1 the new freight cars box cars
! ihStatIed II during the month totaled
@ @S.oel; coal cars, 9,179; Refrigerator
cars, Lag, and stock cars. 465.
Ihe railroads on December ba5
90 ts9 new freight cars on order viii
dehVerleS being made daily. There
We're also 73S new locomotives q,
Local Stock Trading.
me feature of today's well a.
sefSihed session on the Washiugtot,
stock Exchange was an advance =.
about points on the part of commn,
STOCK or the Washington Railwaf
/ ana Electric Company This issr.
80 soia 10 the extent of fifty shares 81
! ~ 10 69i2, the trend being unUard
|aPltaI Traction was weak at &c
mere was goodly interest dis
pIayed IN the bank stock list. Fed
al-Amerlcan selling at 200, Aneri-
can security and Trust COMPANY .,t
ooV, Security Savings and Comm,
GiaI at $50 and Merchants Bank ana
rust company at 13O1@.
bohds We're quiet Traction -
brought "a, Potomac Electric con-
soiloated 9s, 81, and Railway As. 76i..