Evening star., 1928-02-27
SANITARY GROCERY
PROFIT IS %H,243
Equal to $21.17 a Share on
Common-Washington
Gas Hits 80 IL.
EY EDWARD {. STONE.

a.
Sct.i7 share On the @S,000 no par
shares Of common stock.
sales during the year trtalcd ST.
1OS.21&6O: net earnings before Federal
taxes we're $1Sl .rt3 94 and Federal and
state taxes amounted to Sl05.0o0, Pre-
! frrrcd dividends paid were $S3.4TS,S ,S3
! The company REPORTS tot0l assets of
Sf066 SG0Al and an operating surplus
o. S5iG.6o2G2.
The preferred stock is listed on the
WASHINGTON stock Exchange and sells
around los While the common is on
the New York Curb. With recent sales
around go.
II. & O. January Net Falls or.
Net railway operating income Of the
Baltimore & Ohio Railroad for the
month OF January was reported today 2S
/ 81. .a07l24, compared With $2,S8l sos in
January 1927. a decrease Of S974,6Sl.
Opevatine revenues for the month
we're Sl7.S4o,3Gq. against $20.l2i,086 III
the same month lest year, or a de-
crease Of S29T4.7i7 The company
made an excellent showing il Clttin"
! expenses. which were $l4596,303,
against EIGt5l.aG5. White net revenues
! flcn operations were c30&l 066, III
/ comparison with S3 972 Gel. or slump
/ 0f S91l555
j The heaviest falling Oft in business
during January WAS in freight traffic.
! but passenger traffic also figured III the
! lower earnings. The amount OF
/ express carried was also less than ii
January. 1927.
Institute Banquet Great Success.
/ The local delegation which attended
I the banquet Saturday evening Of New
York Chapter American Institute OF
Banking. reports that the dinner was q
brilliant success There were over
200 az the tables Al the Astor.
! The address by Poy A. Young, gov
ernor o. the Federal Reserve Board,
vas greatly enjoyed. Pete" Williams.
president Of the national organization,
who spoke at the L..",;,:ot here two
weeks ac0. also spoke while one Of the
best talks Of the evening was made by
Harold Stonor. head CT the institutes
educational work all over the country,
The institute representatives from
washington we're delighted with the
address hy the man IN charge OF per-
sonnel on the New YORK Stock En-
change. The out-of-t0"n guests we're
entertained at breakfast on Sunday
morning. returning last night.
! Keith in New Merger Deal.
| The Keith -Alboo- -Orphcum interests
h,ya ACQUIRED a substantial holding in
! the z. 3. Q. Pictures Corporation ac-
/. cortinr n Associated Press dispatches
from New York Under the new ar
rarcen,cnt tho E +. Q. concern be-
! comes connactod with four large or
4 CARNATIONS. Joseph p. Kennedy ana
I associates. tho Ko.tn group, Facio Cor
poration cf America and the General
Electric Co.
Nearly 700 thoatcrs in the United
! states ard Canada are brought to-
cetk-r. through ownership, or control,
by the transaction. l. IS regarded as
/ a further step IN the formation ci
| Nation-vide theatrical organization.
v}1ich heSan in the recent consolidation
IF the Keltn-Aibee and Crph"un1
Vaudeville circuits and motion picture
interests.
Washington Gas at New Peak.
washington Gas and Capital Traction
stocks led trading on the local STOCK
/ exchange as the week opened. Ja5
+ crossing % for the first time and Capit2l
F Traction selling OF. >,
! Gas stock opened with 81 shares sell
ing Ct 60 fat II then advanced 70
pal, =. ~ and up 10 81. Ine
C!CSlIGG Sd4F 3gJA H4G'C a. ~ p 49, ~"'F
turnover reaching iI5 shares.
CAPITAL Traction opened With 10
reeres selling al Ill. The next sale
vas at the san" figure. then drop
ring Of fYac.ionauv on III" next lo0F
ra,eS until Il closed al .Il0' /. Sales.
3 ly,vovpr. t0ta!cd only 81 shares.
After the spirited trading in Gas
e,ork 10 shares nf washington FallWaT
:. Electric preferred sold al i03@.. 40
shares II Fcderal-American National
Pank sock came o'It 342i2 and ] snare
of Riggs sold ~ $40. Fifty shares ot
National Mortgage z Investment pre-
/ fcrrcd moved 81 81.
Bonds were strong Railway and
Electro a. sold AT 93z, and the same
( royrcrat3o1's general g. at i03 a.. The
neslv listed District National securities
+. CORPORATION preferred stock ap0 'arcd
IN the boaYd for the first time. With 100
30 and lG5 asked
Heard In Financial District.
I George /. starkcy. president Of th~
+ National Bank of Washington, vas
back a. his desk today after being con-
fined at home for several days With a
severe cold
Clarence r Normcnt. president 0t the
Norfolk & Washington Gteamboat 60.
and chairman og the board o! directors
81 the Rational Bank of Washington.
fzs been confined 10 his home Il ieA
daHs With illness
G. J. Cockcler. vice prcal9cnt G! the
/ D!s'Fic, Rational PanE and secretary
Gf the Washington stock Exchange, Was
. among the directors reelected al the
recent annual meeting of Chaplin Sac h
Co
Th~ unj,nd stat~s Mint in The month