Evening star., 1943-12-27
B. & 0. Net Income
Over 36 Millions
Through November
By EDWARD C. STONE.

BY EDWARD c. STONE.
Net income of the Baltimore g. Ohit
Railroad in the first II months O
this year amounted to $36,739 ,284
after all charges, including accrual.
for Federal income and payroll take,
OF $35, ,610,301, This was an increase
in net over the ike 1912 period O.
s4,766,997, it was announced today
Taxes were more than $9,000,O0(
higher than year ago.
Freight revenues totaled $275 5,903,.
464, an increase of $33.163,519; pas.
ssenger revenues of $35 ,398,O21 were
1882 ,684 ahead of last year, while
revenues from other sources showed
a $2,835 ,290 advance Both mail anc
express revenues were better than In
1912. Total operating revenues were
$48,835, 1863 ahead of last year.
Net income in November amounted
to Sl,290,058, off s3,434, ,460 from No.
vember, 1912. The decrease was
partly due to an increase of $299 ,68;
In accruals for Federal income anc
payroll taxes and an accrual o1
s1,103,000 in back pay for operating
employees, the report said
Capital Bankers Honored.
Two Washington bankers, Robert
L. Flather, assistant treasurer OF
the American Security & Trust Co.
and Eliot H. Thomson information
manager of the Washington Loan &
Trust Co., have been accorded ma
tional honors by the Financial Ad-
vertisers' Association.
They have been elected to the
Senior Advisory Counsel by the
Board of Governors. William H
Neal. winston Salem, was given
similar honorS, as was j. Blake Lowe,
Equitable Trust, Baltimore.
The Washington financiers have
held many other committee ap-
pointments in recent years.
Insurance Agents Set Records.
Two members of the District Life
Underwriters Association, T. A.
Proctor and E. H. Bachschmid,
agents of the Jefferson Standard
Life Insurance Co, have each placed
approximately Sl25O,0O0 in life in
surance during 1943, thereby becom-
ing members of the Million-Dollar
Round Table of the National Asso-
citation of Life Underwriters. For
two men in the same agency to write
a total of about $2,500000 is a most
unusual accomplishment, Charles w.
ODonnel, association president, said
today.
Mr.. Proctor is 40 years old and has
been with jefferson Standard since
1888. while Mr. Bachschmid is so
and has been with the company five
years. F. Mickey Smith is manager
of the Washington branch which
has moved from AID position among
SIS branches to second place in seven
years.
Dallas Leads Trade Areas.
The Federal Reserve Board an
nounced today that from January
! to December Is the Dallas area
led the other II districts with a
gain in department store sales of
38 per cent over the like 1912 period,
Atlanta and Kansas City tied for
second place, with sales up Is per
cent. Sales in this district were up
8 per cent.
Smiths Transfer & Storage Co.
distributed a Christmas bonus to
all employees at the main Offices on
Christmas eve.
Exchange Trading Heavy.
Trading on the Washington Stock
Exchange today was the heaviest in
many sessions, with prices close to
their highs for the year.
Liberty National. Lincoln National
and National Capital Banks have
been added to the list shortly to pay
dividends.
American Stores Co. stock has just
reached a high for the year of 16
on the New York exchange,