Evening star., 1927-08-30
B. & 0. R. R. VALUED
At $349,47,475.
Drop of Nearly 100000 in
Income for July Reported
by the A. c. L.
By the Associated Press.


The total owned property Of the
Baltimore & Ohio Railroad was tenta-
lively valued at S349,547,475 today by
the Interstate Commerce Commission
as of June 80, 1918.
The company. which wholly owns
and uses 1902 miles Of road, had out
standing on the date of valuation a
total par value of $648,897 ,698 in
stocks and long term debt, Of which
S151 ,945, ,578 represented common stock,
$58,863,479 preferred stock, and $43S,-
0S8 $40, funded debt, unmatured.
In addition, it has outstanding
$7,527 500 par value Of funded debt
matured but unpaid. These totals,
the commission said, exclude $2.023,-
557 of capitalized ground rents and
$12,512 400 par value of lessons fund
ed debt. which were said to have been
improperly recorded as outstanding
funded debt in the Baltimore & Ohio's
books.
Investment of the B. & o. in road
and equipment. including land. was
given IN it's books as 1855, ,837,15S.
The total used property was tenta-
lively valued at S579,679,2S3 as Of the
same date.
AT the same time the commission
placed a tentativ valuation on the
Baltimore & Ohio Chicago Terminal
Railroad Co.'S owned property of
| $31 ,467,733, and on the used property
Of SIS 1852 ,226.
he valuations were as Of June 30,
1918.
A drop Of nearly 100000 in net
railway operating income of the At
lantic Coast Line Railroad Co, for the
month Of July, 1927, as compared with
the same month last year, was shown
in statement issued at the general
offices of the company at Wilmington
today, according to the Associated
Press.
| A loss Of more than a million dol
lars in the railway operating revenue
of the company during July Of this
year as compared with the same
month last year also was revealed in
the statement.
The railway operating revenues of
the company for the month of July,
1927. were S5,322 ,S15, as compared with
| S6946, 107 for the month Of July, 1926
The net railway operating income for
July, 1927. was $31,340, and for the
same month last year S712,816, the
| statement said.
| Railway operating revenues for the
| first seven months Of the year ending
July 81 were $50, ,730, ,291, as compared
with S60,497, 1859 for the same period
| last year.
Net railway operating income for
the first seven months of 1927 was sS..
472 ,804, and for the same period last
year was S12.6s7.52O.
Trading was fairly active on the
Washington Exchange today, with
Lanston Monotype participating more
extensively than for many days Fifty
shares of this stock sold on a market
rising from 99R to 99A. Security
Storage turned over 10 shares at AIS,
and shortly thereafter 10 more at a
gain of 10 points. 4S5.
Capital Traction 5s sold at 1917.
| Washington Gas IS A. starting at
1929. went to 1882 on a $500 sale.
Capital Traction was slightly up at
los for 10 shares. Potomac Electric
Power preferred 51as were in demand,
| selling in several blocks at 1O2 and
lOl 1s Other utilities We're steady to
strong.
The Acacia Mutual Life Association
or this city yesterday passed the quar-.
ter-bilion mark in the amount of in.
surance in force. This company. limit
ing its risks to members of the Ma.
sonic fraterity. since 1900 has been
conducted on a legal reserve basis,
and in 1922 was reorganized as a
mutual old-lne company.
The Federal-American National
Bank Is a bower of beauty with it's
hundreds of blooms in the annual
flower show, in which the judges last
night awarded prizes. John Poole
president. and other officers of the
bank have received many enthusiastic
concentrations from the public for the
success OF the occasion and the beauty
OF the display. The bank was open last
night to the public and will be open
again this evening Vases and bas.
kets OF flowers not only occupy points
of vantage all around the lobby and
on desks and tables on the main floor.
but circle the balcony Of the mezza.
nine floor and decorate the safe de.
posit department in the basement.