Evening star., 1944-12-26
B. & 0. Reports Net
Ahead Of Year Ago
During November
BY EDWARD C. STONE,


Net income of the Baltimore &
Ohio r. r. in November totalee
S1,580,743, an increase of $500 ,684
from November, 1943, officials an.
nounced today. Gross operating
revenues of $31 .424,4l7 showed 3
gain of S1,315,375 over last year
while operating expenses of S23,.
832,921 were $1,559,617 higher thar
year ago.
Net income for the IL months OF
1914, after providing for all interest
and fixed charges, was $21, ,479 ,535
a decrease compared with the same
period in 1943 of $15,259,749 This
decrease. officials said, reflects the
loss in revenue due to the suspension
of increases in freight rates in May
1e43, and increases in wages and the
cost of fuel, total of $20,619. TAB.
Freight revenues during the II
months totaled 1921, ,770,564 an in
crease of more than SIS ,000,0 900 over
last year. Passenger revenues
reached $46,952 ,459, notable gain
of Sl1,054,438. Express revenues were
S2703 308 better than last year. Tax
accruals of $40,213,796 were S4,6O3,-
495 above 1943.
ABA Helps Country Banks.
Each of 1000 country banks viii
have available for use during 1874:
an accurate analysis of its own op.
Grating costs and a yardstick by
which 1t can measure and improve
efficiency in its various departments
according to K. J. Mcdonald, chair.
man of the Commission on Country
Bank Operations of the American
Bankers Association.
Mr.. Mcdonald said this informa.
ton will be supplied to the banks a.
a result of the Nationwide COS
analysis project undertaken by the
commission as a service without
charge to the country bank member.
of the association with resources oi
$5,000,000 or less. The cost analyst.
is a major feature of the commits
slon'S siX-point program designed tc
aid the Nations 1000 country
banks.
The Office of Price Administration
is planning to send to all banks in
loose-leaf form all the latest changes
in the rules governing ration bank
ing. Some changes are frequently
made in the regulations and it has
been decided to send them out in
such form that they can be easily
filed.
Bank Women Aid Charity.
At their recent Christmas party,
the members of the Bank Women'S s
Club of Washington voted funds to
aid several needy families.
The annual party was held at the
Continental Hotel, preceded by an
elaborate dinner. There were 40
members present, Miss Mildred
Woodcock, chairman of the Ar
rangementS Committee, being as
sisted by Miss Eleanor Dankmeyer.
Miss Rose Royce, Miss Sadye Weir
and Mrs. Gertrude Wick. Every
member received gift and carols
featured the program.
Today's Trading on Exchange.
American Security & Trust Co.
stock, which recently made a high
for the year of 240, sold at that
figure again today, 10 and Is share
lots changing ownership.
Mergenthaler Linotype was strong,
selling at 65. which is close to the
high for the year Washington Gas
Light $3.50 preferred moved at LOG y
against the 1914 high of 107.
The Richmond Reserve Bank has
reported that department store trade
in the fifth district from January
through December Is was per cent
ahead of last year, against 20 per
cent in the Atlanta area and 10 per
cent as the national average gain.