Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-18
UTILITY COMPANY
HAS BIG HOLDINGS
Central Public Service Cor
poration Operates in 588
Communities.
BY EDWARD C. STONE.

lie Service Corporation of Chicago,
which, according to announcement by
Albert E. Pierce, president of the COM
contract with the Washington Gas
Light Co.
The size of the Chicago concern is
almost amazing. Public utility service
is now being supplied by Central Pub
lie Service to $50 communities in the
United States and to 81 communities
in United States possessions, IN Can
ada and other foreign countries while
the territory served has a population OF
1900 600 according to the latest report
made by the company.
The latest statement put out by the
Chicago company. which is right now
Of such timely loca interest, shows that
the firm is already operating quite ex-
tensively in Virginia and Maryland and
has been for long time. Utility plants
at Hagerstown, Md, Roanoke, Lynch
burg. Norfolk and Portsmouth, Va, are
among the subsidiaries.
Largest Communities Served.
Central Service recently announced
that communities served, which have a
population of more than $4,000. include
Seattle. Wash; Portland. Greg; At
lanta, Ga. Huntington, w. Va Rock
ford. Ill. Roanoke, Va; Charleston,
S. C.; Augusta and Macon, Ga. Mobile
and Montgomery, Ala; Port Arthur,
Texas; Portsmouth, Ohio: San Juan,
Porto Rico Wheeling, w Va; Green's
boro and Charlotte, N. G..
Other communities in which the
company operates are Norfolk and
Portsmouth, Va: Palma, Malorca
Manila. P. l.; Port aal Prince, Haiti;
Las Palmas and Santa Cruz, Canary
Islands: Durham and Asheville, N. G.
Towns Of over $4,000 in which the
company operates are Muncie, Ind;
Hagerstown, Md; Anderson, Ind; Ash
land, KY; Pensacola, Fla; Lynchburg.
Va: West Palm Beach, Fla: Salem.
Greg: Raleigh, N. c.. and Santo
Domingo, Dominican Republic.
The vast territory over which the
company operates is also revealed in
the list of places Of more than 10000
population. This includes Tuscaloosa,
Ala. Bluefield, w. Va; Rome. Ga:
Marion. Ind; johnson City, Tenn;
Freeportt Ill: Admission and Gadsden,
Ala; High Point, N. G, and Para
naque, P. I.
Other Companies in List.
other communities in which the
utilities are handled by the Chicago
firm are Vincinnes. Ind; Owosso
Mich: Martinsburg, w. Va; Decatur,
Ga: Ironton, Ohio; Calumet and Ben
ton Harbor, Mich; Selma, Ala; Van
couver, Wash; Athens, Ca: Rocky
Mount, N c.: Pasay and CalOocan,
P. l.. and Santiago, Dominican Re-
public.
2 Still other companies affiliated with
Central Public Service are Suffolk, Va;
Garland, Mich: Brunswick and VAL
dosta, Ga; Decatur, Ala: Mount Glenn
ems, Mich; Portsmouth, N. H.; Cham
bersburg and Hanover, Pa; Elwood,
Ind: Kew West Fla; Gastonia and Will
son, N. c.; Alpena, Mich. Lincoln, Ill;
Wavnesboro. Pa: Sault ste Marie,
Mich. and San Pedro, Dominican Re
public.
Central Public Service recently re-
ported assets in excess of S400.000,O00
and an increase in earnings in 1880
over 1929. The companies making up
the powerful corporation handle all
kinds of utilities, some having manu-
featured and natural gas. Others cleo
tricity, still others the operation OF
electric street railroads.
New Merchants Transfer Director.
Fleming Newbold. business manager
of The Evening Star Newspaper Co,
was elected director of the Merchants
Transfer e. Storage Co. at a meeting OF
the Board of Directors of the firm yes
terday. Mr. Newbold's election fills a
vacancy on the board created through
the death of his brother, John Newbold,
last month.
The Board of Directors of the Mer-
chants Transfer & Storage Co. also de-
clared a regular quarterly dividend OF
SITS a share on the preferred stock.
The dividend is payable April to stock
holders Of record March 81.
Today's Trading on Exchange.
Capital Traction bonds led quiet trad
ing on the Washington Stock Exchange
today, 81 900 selling at 81 and $1,000 at
SOFA. Washington Gas IS, series A,
moved at 1919. In the stock division
five small sales in Federal-American
National Bank stock took place at 50
and 10 shares Of Potomac Electric Power
SD ger cent preferred came out at
1IOi2 No sales were recorded in Capt.
tai Traction. the closing quotation. ex-
dividend, being 35 bid and 36 asked.
Heard in Financial District
Directors of the American Security
e. Trust Co at a meeting late yesterday
declared the usual quarterly dividend Of
per cent. payable April 10 to stock
holders of record March 81.
At the annual banquet Of Philadel-
phia Chapter American Institute Of
6dIlk4llE, yOuAlR w dSAAAAiS gOAA DoAAHIAo AZ
attendance included J. j. Roberts, James
A. Soper, T. Hunton Leith, Frank M.
Perley, Miss Mildred WoOdcock, Miss
Catherine NJ. Kreig, the Misses Mabel
" and Rose L. Royce and Richard A.
Norris. The banquet was the largest
the Quaker City chapter ever had, the
hotel dining room space being crowded
to capacity.
The March bulletin of the District
Bankers Association, out today, reviews
the recent Central States Bank Man
agenent Conference held here and lauds
the work of Robert v Fleming, presi-
dent of the Riggs National Bank, for
the part he PLAYED as chairman of the
very successful meeting.
Leon O. Simon will address the Dis
trict Underwriters Association at the
monthly meeting tomorrow noon at the
Hay-Adams House He is president Of
the New York Underwriters Association
and is a writer of note on insurance
subjects.
Members of the Washington Bond
Club are looking forward 10 hearing
tomorrow's address by Paul Clay, now
head Of Clay's Investment Service, and
was formerly with Moody. The luncheon
meeting is at the Carlton Hotel.
d. NJ. Collins & Co. announce the
appointment of William +. Manning as
economist. Mr.. Manning was hnanc1al
editor OF the New York World and
formerly was with the Washington Post
and the Philadelphia Public Ledger.
R0NO 2, GLADE OBTAINS