Evening star., 1935-07-27
B. & D. NET STAYS
BELOW 1884 MARK
June Profit of S2,383,073
Represents Decrease
of S463,1O8.
BY II. b. ROGERS.

Baltimore g. Ohio net railway oper'
ating income fell off from S2,846. l8l
In June, 1884. to S2.383,073 in June
this wear, a decrease of S463, II
was reported today by the road,
For the first six months OF tins
wear the road also showed decrease
IN net railway operating income as
compared with the same period last
wear. the decrease amounting tc
s3l9.260.
Passenger revenues dropped from
so7O.36S in June, 1884. to $9OS,l6l IN
June. 1885 a decrease OF o,202,
while these revenues for the six months
also showed fall from S4.872,57l to
81 zoe, ,495. a decrease of $l66,076.
Freight revenues dropped from Slo,-
e52.S76 in June 1884, TO $l05l6,6ob
in June this year, a decrease OF 1856,
2iO. while for the comparable SIN
month period the freight decrease
was from S6O.342 $50 To $50 9,so6,547, a
decrease Of S5S6 .40S
Net revenue from railway opera
tions fell from $4oo6,566 in June,
1894. to s3.S647S in June, 1895
distribution of Wealth Cited.
Although recent publicized survey
stated that a per cent own 81 per
cent Of the United States, actually
10000 900 families live in their own
urban homes. valued al S38.O0O,00
900: S50oo0o farmers operate their
own farms. valued at S2l 900 O00.0O0
while another 100000 retired farm
ers have leased their farms, worth
another $4,000 900 COCOA total OF
sSl 600 600 900. or 33 per cent of the
total net physical wealth Of the Unlteo
States in 1882.
This answer to the charge OF excess
.,ve maldistribution of wealth in the
United States is one Of many Slgnin-
cant facts brought ont in series OF
articles on the nature. distribution
and promise of wealth in the United
States by Robert Rutherford Doane
in the AnnaliSt, the first OF when ap-
peared in the issue of July 26.
In addition. some 100000 building
and loan share holders hold approx
matelv $4,000 100000 in assets; "a
100000 registered security holders own
shares in the national wealth valued
at SIS 900 900 900, and 44000.000 indl-
vidual savings accounts aggregate
$4,000 600 900. In view of the own
ershlp by some 63.OO0Oo0 people Of
more than S207 o00,000,000 worth OF
deposits. bonds, stocks and insurance
equities. any sound basis for the a
per cent own 81 per cent" charge is
difficult to discover.
Oil Output Mounts.
World crude oil production during
the first six months of this year eStab-
lshed A new high record, with the
daily average output of S4,32O,576 bar
rels being the largest for any half
year of record. according to complla-
ton made by the Oil and Gas Journal
and published in its semi-annual num-
Der. issued this week. The United
States led in total production during
the first half of this year, the journals
tabulation shows. the output Of this
country being 473,55l.3l2 barrels. OF
27.636, $50 barrels more than was pro-
duced during the first half of 1884.
Residents of Washington received
life insurance payments in 1881
amounting to s28.66 per capita. ac-
cording to an estimate made by the
Lincoln National Life Insurance Co.
Fort Wayne. Ind
Total payments to policy owners
emo benefciaries of this city were
e13.945, ,O00 as reported in the Life
Payments number of the National
Underwater.