Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-18
INCREASED SALES
REPORTED IN D. c.
Peoples Drug and SafeWay
/. Stores Show Gains
E Over 1929.

Despite the current depression, sever
months sales records of the Peoples
operates the big string of Sanitar!
Grocery Stores In this community, shoS
substantial increases over the similar
period last year.
Peoples Drug Stores showed an in.
crease from $S,423, 1893 in the first sever
months of 1929 to 1888, SAG for th'
frst seven months OF 1880, or an In
crease Of 1877 per cent.
For the month of July the Peoples
record also shows a gain, the figures
growing from 81 ,30S, 202 for July, 1929
to $1,372,17o for July, 1880, gain OF
A.S per cent. Cold fountain drinks ir
hot weather are believed to have in
duenced the business.
SafewAy Stores show q gain from
eI20, $3.50, s43 for the first seven months
Of 1920 to S12e, 830,S43 for the first sever
months Of 1880, or q gain Of Sc pei
cent.
Effect of Hot Spell.
For the month of July, however, dur
ing the hot spell, these food stores show
Q decrease, from $l8,971 ,3l5 in July,
1929, to $lS,1S3,527 for July, 1880, or a
decrease of Al per cent.
sion that has prevailed throughout the
early months of the present year is
clearly evidenced in the consumption
of coal at general industrial plants.
The 2,l6S large industrial plants re-
porting to the United States Bureau
of Mines for the survey covering May
June, 1880, consumed 7,046,318 net tons.
as compared with o,221, 40l tons in
the same two months of 1929, q de-
crease Of 1,l75,0S3 tons, or 14.3 per
cent. Strangely enough, the most
striking decline is not shown in the
highly industrialized area of the East,
but in the region west of the Missis-
eippi River. In New England, the
Middle Atlantic, Ohio, Illinois Indiana
and the Lake Dock territory the rate
OF consumption ranged between 10 and
30 per cent less than that Of last year.
Southern Michigan and the Southeast,
were the regions least affected by the
general decline.
Collections Hold Up Well.
Collections Of wholesale and manu-
featuring firms throughout the country
are holding up unusually well through
the dull season, according to the Au-
gust trade survey conducted by Credit
Monthly, publication of the National
Association of Credit Men
The survey, which covers 100 market
centers, shows very little change from
last month. Two cities. Cedar Rapids
and Waterloo. Iowa, reported collec-
tiorls good, while only one city reported
good collections month ago. Three
cities moved over from the Sfair' coll
unn to "slow." OF the 100 cities COW
cred. So reported collections slow, 46
reported them fair and good.
Tha YnarkAt yAlua ~ IN 20 {.v,.
stocks on the New York Stock Exchange
at the close of the week ended Satur-
day, August is, 1880, was $23, $40, 103,-
754, an increase Of 1888 GOT 1859, or ap-
proximately LES per cent, over the value
Of e23,287, 095,6S5, at the close OF the
preceding week, according to a compila-
ton by Mcclure, Jones & Co., members
Of the exchange.
This compares with s45,o21 500 .245.
the value of the shares at the close of
the corresponding day in 1929.
A. i. b. Committee Named.
The membership committee Of the
Washington Chapter, American 1nsti-
tute Of Banking, has been appointed for
the year as follows:
j. Fred English, chairman, COM
mercial National Bank; Winifred Bur-
well, vice chairman in charge of
women, National Metropolitan Bank;
II. T. Kimban, central branch Ameri-
can Security e. Trust Co.. Robert II.
Lacey, Columbia National Bank: w. L.
9anderson, Federal-American National
Bank H. T. Bisselle, Riggs National
Bank; Paul Settler, American Security
q Trust Co.; Willard G. Barker, Morris
Plan Bank; Robert z. Lee, Lincoln
National Bank; Frank r. Clayton,
Mount Vernon Savings Bank; Kenneth
Birgfeld, Riggs National Bank, Four
eeenth and Park road branch: Lloyd II.
johnson, Northeast Savings Bank; Mil
dred O. Woodcock, American Security
& Trust Co.; Robert H Written, First
National Bank of Alexandria: j. Earl
McGeary, w. B. Hibbs g. Co: Ralph
Norton, Franklin National Bank, Con-
necticut avenue branch: Rose L. Royce
washington Loan & Trust Co.; William
.. Mehler, washington Mechanics Saw
trgs Bank; Bernice Thomas. Federal
American National Bank
Trading continued at it's usual VOL
ime on the Washington Stock Exchange
today, with Capital Traction selling off
from 81 to so on turnover of sew
eral shares. Mergenthaler was out for
the first time in several days at 9612
and Federal-American Co. common sold
at 81. Washington Railway g. Elec-
tric preferred sold at 9812 to &c. while
the As Of the same company went at
esK.
Heard in Financial District.
George o. Watson, president OF the
Liberty National Bank, has returned to
washington, after closing his Summer
home on Chesapeake Bay because of
the illness of Mrs Watson, who has
just undergone an operation at a local
hospital. She is now rapidly improving.
r. II. Ghiselli vice president of the
Merchants Bank & Trust Co., has left
for his Summer vacation at Healing
Springs, Va
Charles d. Boyer, cashier of the
Federal-American National Bank, is on
vacation. He took his family to Ocean
City, N. j., over the week end, but has
returned temporarily to this city.