Evening star., 1936-02-27

elected were =" ""''"
Ralph A. Van Orsdel, general counsel;
Franklin H. Kenworthy, general audi
tor; Charles Siemon, auditor; Charles
T. Clagett, assistant to general man
ager; Edward G. Bliss. general COM
mercial manager; Roy w. Prince. chief
engineer; John c. White, general plant
manager. and Frederick G. Macarow,
general traffic manager.
New Aetna Officers Named.
The Aetna Casualty g. Surety Co.
and Affiliated Companies of Hartford,
Conn. announce the appointment of
Guy E. Mann as manager and Benja-
min S. Foster as associate manager of
their Washington Office and Govern
ment service bureau, succeeding j. E.
Lewis, who has been elected assistant
vice president, New York Office of the
companies In his new position Mr..
Lewis will be chief executive assistant
of Vice President John S. Turn in the
administration of casualty, surety. fire
and marine business in New York City.
Mr.. Mann has been associated with
the Aetna companies since 1925, fol-
lowing his graduation from the Uni
versity of Pennsylvania. After serving
two years in the home office and with
the Hartford General Agency, he was
transferred to Philadelphia, where for
the past eight years he has been en-
gagged in production and underwriting
duties.
Mr.. Foster has been with the Aetna
companies in Washington since 1920
and has served for the past several
years as superintendent of their Gov
ernment Service Bureau. Mr. Foster
will, in addition to his new duties, con-
tinue to supervise the operations Of
the service bureau, which services
representatives and clients throughout
the country.
Washington Gas Net Higher.
The monthly report of the WASH
ington Gas Light Co., filed with the
Public Utilities Commission today,
shows net operating revenue for the
month of January of S224,828. COM
pared with $216.610 for January of
last year. an increase of $8,218.
Operating revenue for January, 1886,
$737,816, compares with S663. .438 for
January year ago, an increase of
$74,37S. Operating expenses. includ-
ing taxes and uncollectable bills. in
creased s66.160 this years figure
being $512.988. against S446,828 in
January, 1885.
Incorporating revenues for jan
uary this year decreased S4,384 from
last years loss of SAIL to loss of
$8,495. resulting in gross corporate
income of $216,333 which compares
with s212,499 for January, 1885, or
an increase of 1884.
Interest deductions of $74,064 for
January, 1886, were SLIP more than
last years figure of S72,952, result
ing in net gain of S142,269 this
year compared with s139,547 last year,
an increase of S2,722.
Georgetown Profits Mount.
The report of the Georgetown Cas-
light Co., also filed with the Public
Utilities Commission today. shows
net gain of s12,975 for January, 1886.
as compared with gain of $3,793
for January of last year, an increase
Of $9,182.
Operating revenues this January
were s1S6l7o. as against s153,Ss2
for Jau0E, 1885, an increase of $32,-
278 eating expenses. including
taxes collectible bills, increased
$23,083, this years figure being $685.
755, against $145.e72 for January,
1895.
Non operating revenue was 81 less
this year than last year, resulting
in gross corporate income of ST.
AIS. compared with an income Of
1921 for January, 1885. Interest
deductions increased $l2, this years
figure being s4,440, against $4.42s for
January, 1888.
Agency Takes Third Honors.
The State Mutual Life Assurance
Co., Worcester, Mass, reports that
new paid-for business last year re-
suited in a gain of II per cent over
the previous year. new premiums for
new life insurance during the past
year showed a gain of 2412 per cent
over 1884.
Surrenders and lapses last year
were 171s per cent less than 1884,
further testimony to the strengthened
ability and desire of the public to
retain their life insurance coverage.
Total assets increased during the
year to $161, ,064, ,580.06, a gain of
$5.696,593.14, or twice the gain in
assets shown in 1884.
The Wilmer & Wilmer agency for
the company in Washington ranked
irl In cfctA sc
out of countrywide list of So of the
company's agencies. The local per-
sistency rate is 92.41 per cent.
Albert S. Galley, executive vice
president of the Lincoln National
Bank. has been made treasurer for
the Citizens Committee, which is
preparing testimonial to Assessor
w. P. Richards, who is retiring on
his 10th birthday anniversary after
As years service. A luncheon will
be rendered him on Saturday, March
II. at the Raleigh. Edward r. Col
laday, Second National Bank, is chair
man Of the committee, and Charles
H. Doing, president of the District
Bankers Association, is one OF the
vice chairmen.
Peoples Preferred Called.
Directors Of Peoples Drug Stores,
Inc, have voted to redeem 10000
shares Of the 61s per cent preferred
stock at ITO and accrued interest on
June Is to shareholders of record
April 8. The shares will be deter
mined by lot. Letters have been for
,uarryad "a a StocLholdarc oppo,,prip0
the redemption plan. The stock Is
listed on the Washington Stock Ex-
change and on the New York Ex-
change, where it sold yesterday at l13.
There are 20,50o shares now outstand-
ing.
American Security g. Trust Co. stock
sold at 25434 on the Washington Ex-
change today, Lanston at II. Capital
Transit at IA and Potomac Power 6
y,er eert t,referred ar 11QIk Canital