. Baltimore and Ohio employees magazine . to 6 positions, isochronism and tempera-ture, has Douola Roller Escapement. Montgomery R. R. Dial and isfitted in ]4kt. Gold Filled Substantial Case. Pay Nothing In Advance. See the Bunn Special in your own handsbefore you decide. If not satisfied, send it back, Yoa incur no ohAaa-tion. First, you mast be satisfied. Only then do you accept the v archand pay on!y$ the balance only $ monthly until the CA<HPiilCE of $ i« paid—only a few cents a day. You wear the wati-hWhile you pay—without Red Tape—without Security—without Lis-agreeabl


. Baltimore and Ohio employees magazine . to 6 positions, isochronism and tempera-ture, has Douola Roller Escapement. Montgomery R. R. Dial and isfitted in ]4kt. Gold Filled Substantial Case. Pay Nothing In Advance. See the Bunn Special in your own handsbefore you decide. If not satisfied, send it back, Yoa incur no ohAaa-tion. First, you mast be satisfied. Only then do you accept the v archand pay on!y$ the balance only $ monthly until the CA<HPiilCE of $ i« paid—only a few cents a day. You wear the wati-hWhile you pay—without Red Tape—without Security—without Lis-agreeable Features of any kind. Send your order TODAY. Let ustell you how ws can fight the Watch Trust. Send for your FREE Catalog No. 69H: Contains over 2000 photo^aphsof Diamonds. Watches, Jewelry. Silverware, etc. Everything sentWITHOUT RISK FOR FREE EXAMINATION, all charges no money ontil you are convinced LYON VALUES cannot beduplicnted elsewhere. Write to Dept. 69H Please mention our magatine when writing adveriieert. 102 THE BALTIMORE AND OHIO EMPLOYES MAGAZINE The results for the ten months ended onOctober 30 were as follows: Ten Months TO October 31 De™se ^^^^ ^^^^ Amount Op. revenue S4,234,992,130 S3,985,178,160 $249,813,970 Op. expense 3,556,720,774 3,201,838,204 354,882,570 Net op. 678,271,356 783,339,956 *105,068,600 Taxes, etc 199,288,721 183,363,173 15,926,548 Net op. 478,982,635 599,976,783 *120,994,148 10-12 annual rental 743,563,540 743,563,540 Op. loss 264,580,905 143,586,757 l-0,994,148 Op. ratio * Indicates decrease. It should be remembered that the compari-son between the ten-month period is sub-stantially affected by the fact that the rateincreases, approximately 25 per cent., whichwere in effect this year, became effective forpassenger and freight traffic, respectively, themiddle and latter part of June, 1918, and alsoby the fact that numerous important wageincreases which were effective for all of 1919wer


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Keywords: ., bookcentury1900, bookdecade1910, booksubjectbaltimo, bookyear1912