Evening star., 1937-03-16
PHONES INDICATE
TRADE EXPANSION
Gains in Maryland, D. c.,
Virginia and West Vir-
ginia Revealed.
BY EDWARD c. STONE.

TIE dLllludl report Oh Ille lOur CNeSd-
peake e. Potomac telephone compa-
nies just issued. The net gain in
telephones during the year for the
four companies was as follows:
Washington, 1924; Maryland, 49,
s24 Virginia, 1912; West Virginia,
9,649. The total net gain for the four
companies was 54,139 In securing
this gain, 150493 telephones were in
stalled and 96,354 removed from Serv-
ice. In addition, AZ, SCI were moved
from one address to another.
The total number of originating
calls in Washington was approxi-
mately 28l, 100000, an increase of
93 per cent over the previous year.
In Maryland the number was 325,-
100000, an increase of 81 per cent;
I'm Virginia, 396 100000, an increase of
98 per cent; in West Virginia $780,
100000, an increase of II per cent.
In Virginia the company inter-
changes traffic with 88 connecting
companies, serving 47,038 telephones,
and with 1852 telephones owned by
267 rural line associations. In West
Virginia there are 79 connecting COM
panies, serving 21,898 telephones, and
2,4l8 telephones owned by 225 rural
tine associations.
Gross expenditures in Washington
during 1886 to meet service require
lments totaled $44l0,8l1; in Mary
land, S4,001 ,707; in Virginia, $3,403,-
s97, and in West Virginia, 81 ,662 All.
At the end of the year employees
nsing the pay roll deduction plan for
fsmployes' savings, through which pc
riodic pay roll deductions are depos-
ated by the company in any bank
specified by the employe, were as fol-
lows: Washington, 578; Maryland,
497; Virginia, 303; West Virginia, 248.
There were 643 employees in Wash
Engton carrying a total of S2798, ,667
nlnder the company's life insurance
Glan, the annual report reveals.
Underwriters to Honor Dean.
DR.. David McCahan, dean of the
American College of Life Underwriters,
twill be the guest of honor and
principal speaker at the tenth ami
Nersary celebration of the founding
trf the college at a dinner given by
Washington Chapter of Chartered
dife Underwriters at the Shoreham
Hotel next Monday night.
Other guest speakers will be Robert
r. Fleming, president of Riggs Ma
tional and past president of the
American Bankers Association; STAN
ton c. Peele, prominent attorney, and
James A. Councillor. past president,
American Institute of Certified Public
Accountants.
= In the past 10 years the American
College of Life Underwriters has con-
terred the designation of chartered
Afe underwater upon 1,l16 men and
Nomen. At present 103 colleges and
universities in the United States are
part of the extension plans of the
college in training professional life
underwriters.
There are % members of the Wash
ngton C. L. U. Chapter from whom
hre chosen the instructors for the
Life Insurance Institute of Wash
tngton.
Buckley on Insurance Board.
Robert E. Buckley, president of the
National Permanent Building ASSocia-
tion of this city, has been elected
director of the Mutual Fire Insurance
Co of the District, to fill a vacancy
on the board caused by the death of
Frank A johnson.
For the past two years Mr.. Buckley
has been president of the District of
Columbia Building and Loan League
and is vice president and secretary of
Camalier & Buckley, Connecticut ave-
nue luggage and leather goods dealers
For 80 years he was connected with
the Palais Royal department store be-
ing general superintendent and treas
lrer when he resigned in 1880.
Heads Pacific Mutual Office.
Donald Webster, who has been in
the insurance business in Washington
Tor several years, has taken over the
management of the Pacific Mutual
Life Insurance Co.'S Office here. filling
the vacancy caused by the recent
death Of Carl Smith Dow. He has
been appointed agency manager by
the home office until such time as a
general agent will be announced to
succeed MIR. Dow.
The first official financial statement
of the new Pacific Mutual Life Insur-
Rnce Co. shows sharp gains in surplus.
Insurance in force at the close of
1886 totaled $639, ,693, 833, with total
assets of 1924, ,653 ,06l. Profits have
been shown in all departments in the
period since the reorganization OF the
Eompany.
President A. N. Kemp reports that
he is highly pleased with the recent
results and predicts steadily increasing
business. In addition to the Washing
ton office, the company has been doing
business in Virginia and other nearby
States for many years.
Charts Reveal Lumber Facts.
The National Lumber Manufac-
turers' Association, with headquarters
IN Washington, has just published a
50-page booklet giving the whole his
tory OF the lumber industry by charts.
These charts present in a most
graphic form host of facts about
lumber production, annual wages paid
to over 100000 people, value of the
annual product and the diversity OF
products for which lumber is used.
The charts show that about 80 pei
cent of the individual homes built
each year are at least lumber framed
Lumber builds 80 per cent of all farm,
structures. In 1929 the railroads took
directly Is per cent of the total lumber
cut of the United States. Under i'm.
proved forest management policies
1t is declared that the lumber industry
Is not declining industry, but is
permanent, based on perpetual timber
crop reproduction.
The elaborate charts were prepared
by Grace j. Landon, an expert
statistician, while the reading matter
was arranged by Theodore P. Knappen
a veteran newspaper man and finan.
cial writer.
Heard in Financial District.
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