Evening star., 1936-09-17
D. c. POWER TOTAL
]. HITS NEW PEAKS
August Sales of Electricity
at AII-Time High, Official
Report Shows.
BY EDWARD C. STONE.

Total kilowatt hour sales of elec-
tricity in the District Of Columbia in
August not only reached new peak
for the present year, but also reached
an all-time high mark, according to
the latest figures from the Potomac
Electric Power Co.
Kilowatt hour output for the Capt.
tai reached 53,718.863. in comparison
with 49,089,243 in August. 1895, an
increase of 4,629,620 kilowatt hours,
or 9.43 per cent. The report shows
that while the railroad corporations
did not use quite as much electricity
as they did in August of last year,
there was an increase of more than
i8 per cent in municipal street light
ing sales, and other sales were 11.3l
per cent ahead of last year.
Up to August the heaviest elec-
tricity sales in Washington this year
were in January, when the figure
stood at 52,964,846 kilowatt hours.
This total was nearly reached again
in July, it being noted that July sales
were also well ahead of the same
period in 1885.
The August sales were more than
100000 kilowatt hours ahead of
August, 1885, which record in turn
was ahead of 1884. In 1888, 1882, 1881
and 1880 sales in August were no
where near the equal of the total
just reported. In the boom year of
1929 the Potomac Electric Power Co.
reported 21,180,690 kilowatt hour
sales; present sales have much more
than doubled the former records.
Sales are also far ahead of all the
wartime records of 1918 and 1919. AL
though the population of Washington
reached a new high mark at that
time, the use of electricity here was
very much limited. Electric Kitchens
radios, electric clocks and host of
other uses for electricity are more
recent developments and are all be-
ing reflected in the monthly figures.
Monthly comparisons show a gain
every month this year over the same
month in 1885. And the arrow Is
etill pointing upward.
Kane's Death Shocks Friends.
News Of the death of Frank Kane,
who had been connected with w. B.
Hibbs & Co. for 80 years. caused wide
regret among host of friends today.
He died last night at the home of his
sister, Mrs Anne Duffy, at Wayne, Pa,
where he had gone early this week for
q short visit. He had been suffering
with heart trouble for some time and
thought short rest might be
beneficial.
While starting life and working TO.
many years as telegraph operator, he
later got into finance and became a
customers man. His financial judg-
ment was highly rated and he was
universally liked. Last Spring he took
a long trip through the West in an
effort to build up his health and after
his return to the brokerage Office was
much stronger for time.
Mr.. Kane was II years old. At 20
he went to New Mexico for his health,
friends doubling If he would return.
His comeback, however, was rapid. He
will be greatly missed in the financial
district.
Advertisers Elect Officers.
Thomas j. Kephart. vice president
of the Fifth Third Union Trust Co..
Cincinnati, was elected president of
the Financial Advertisers Association
at the closing session at Nashville yes
eerday. William H. Neal, vice presi-
dent OF the Wachovia Bank g. Trust
Co., Winston-Salem, N c., was named
first vice president; George o. Everett.
Utica, N. Y, banker, second vice presi-
dent, and Stephen H. Fifield, Jack
sonville, Fla, banker, third vice
president.
Eliot H. Thomson, advertising man.
ager, Washington Loan & Trust Co.,
this city, was elected a member of
the board of directors and advisory
council. He attended the convention,
being the only representative Of the
District Bankers Association, in which
he is chairman of the Advertising
Committee.
The next convention will be held in
Baltimore. In one of the closing ad-
dresses, Merrill Anderson, New York,
said that banks should continue to
encourage savings in order to main
tain the good will of the public and
meet the growing competition for
banking services. Carlton K. Matson,
editor of the Toledo News-Bee, said
that the highest officials in all banks
should never hesitate to give news
paper men all the news possible about
what is going on in the banking world.
He strongly opposed handouts" in
the place of personal contacts.
Financial District Gossip.
Edwin D. Flather, investment dealer
In the Woodward Building, returned
recently from an extended trip to
Europe. He spent most of his time in
London, Paris and Belgium and had
an unusually enjoyable Summer.
William s. Quinter, president of the
District Building & Loan Association,
Ill for several months, is now able to
see friends at his home, 1890 Con-
necticut avenue. He is receiving
many congratulations on his recent
Improvement
The State of Maryland will receive
bids at the State treasurer's Office in
Annapolis until noon, October 13, on
S1,oUU,uUu IA per cent emergency
bonds. The bonds will be dated Oc-
tober Is, 1886, and mature serially
1899 to 1851.
Karl w. Corby, president of the Dis
frict Bankers Association, will fly to
the A. B. A. national convention
which opens in San Francisco Mon
day. Miss Susan B. Sturgis, president
9f the National Association of Bank
Women, will fly from Boston to the
same convention.
Sidney r. Thomas and Marshall O.
Exnicios, vice presidents Of Robert c.
Jones & Co., investment firm, have
returned from vacations passed at
Blue Ridge Summit, Pa.
Holders of Chesapeake & Ohio
stock were much pleased with
the report Of $3.25 earned on common
stock in the first eight months Of 1886
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