Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-27
B. & o. November Earnings OF.


Operating revenues of the Baltimore
&; Ohio Railroad last month showed
decline of nearly So, 000, 900. due princi-
pally to decrease in freight, compared
with November. 1928, according to the
monthly statement issued today.
While all classes of traffic, with the
exception of mail, showed decreases,
freight was the largest, being 81, 1854, 634
less than in November year ago, while
passenger revenue was the next highest
with a decline of STAT, 1897.
Total operating revenue for the
month was $19,306,165, compared with
21,249,883 in November, 1928. while
operating expenses showed an increase
of s3l1.499. making net operating in
come for the month S3.227 pa a de-
crease of 1882 ,012 compared with No
vember, 1923.
Eleven Months b. g. o. Net.
Net operating income for the IL
months of this year. however, shows
an increase over the corresponding
period of 1923 of S1.074.172, being SAG
742,207 against S45,695.035.
Gross operating revenues for the IL
month period totaled S228.294, 606, an
increase of S10290,l08 over the cor
responding period of 1928, of which in
crease freight traffic amounted to So
543.784, while passenger traffic so far
this year shows decrease of 81, 387, 1897
compared with last year.
Operating expenses for the 1l-month
period totaled S166, 806,l 100, which is an
increase of S7,714.509 over 1928 the
principal items of increase being main
tenance Of way and structures with
S2I.62O,30l, an increase of S2.2l5.240.
and maintenance of equipment with
&47.6S4,439, an increase of $4006,941.
Bethesda Bank Votes Dividends.
The directors of the Bank of Bethesda
nave declared the regular dividend of
per cent payable December 81 to
stockholders of record on December 20.
The board also declared an extra of l
per cent payable on the same day.
Inc bank officials report a iTst-class
business year. Bank of Bethesda stock
is listed on the Washington Stock Ex-
change, the last sale being made at So.
Bonds Lead Local Exchange.
Three $1,000 transfers in Barber g.
on the Washington exchange today
They sold at s9@s. sei2and SO nat
washington Gas 6s, series A, were also
IN fair demand
Potomac Electric Power s per cent
preferred sold at 11oA 20 shares OF
Capital changed hands at rs, 10 shares
OF Riggs National Bank stock came out
g; $50, while Mergenthaler Linotype
sold In small lots at 1905 and 1861
Business Conference Planned.
With the aim of giving local force
and application TO the principles which
were behind President Hoover's Nation
al business conference, the chambers
executive committee has authorized the
holding. on January 81 next. of 9
washington business conference al
which District leaders in the industrial
commercial and financial fields. vii
present brief fact reports of bushes:
protects and extensions planned fol
i93o.
The aim Of this conference Is n
secure combined statement of pendins
business plans which will present ar
adequate picture Of the local situa tor
and through the confidence thus gen.
tremendously and with proper faith II
the business future of the Nationa
Capital, says Secretary Dorsey W. Hyde
u, IN announcing the conference plans
Gains 100000 on Deposits.
The Prudential Bank at IT'S Florid;
avenue northwest, through its specia
campaign on thrift and savings, ha
increased its deposits more thai
100000. To encourage thrift an,
savings. the Prudential inaugurated tn
CHI sstnas Savings Club plan on Decem
r. ,. The membership or depositor
i this department has reached 2,ooC
VIII rsT cnss opening accounts daily