Evening star., 1937-06-07
CARREG|STRAT|0N
SHOWS INCREASE
Capital Is Behind Nearby
States in First Four
Months of 1887.
BY EDWARD C. STONE.

WUIilIIS vi I0OIs
BY EDWARD C. STONE.
Registrations OF new passenger au-
'omobiles in April in the Fifth Fed
raj Reserve District totaled 26,958,
s compared with 25,644 in April 1886,
r gain Of So per cent, according
y the Richmond Reserve Banks lat
st review which quotes R. L. Polk g.
20. figures New registrations of
utomobiles In this area in the first
our months of 1887 numbered 83,735,
gainst 68,96l in the same four
IGonths in 1886. or notable increase
fs 21.4 per cent, the report adds.
Maryland registrations in April to-
lied 4,671, compared with 5,3l5 in
.\pril last year, a drop Of II per cent.
.,egistrations for the four months,
owever, totaled 1880 and were 22.7
lead of last year.
Virginia reported 6,0Ol passenger
olr registrations in April, against
sos In the like period year ago,
"a gain of IL per cent In the four
lonth period 1882 new cars were
,gistered, an increase of more than
I per cent
West Virginia April registrations
umbered 459O. a gain of more than
per cent, and 1853 in the four
lonths, this being an advance of 15.7
ar cent
North Carolina reported gain of
per cent in registrations in April
I'D of 80 per cent in the. four months
Ter last year. South Carolina recorded
jump of 27 per cent in April regis
'ations and of Al per cent in the
our months, by far the best showing
any OF these States.
Washington was behind the States,
>pril registrations OF 3,061 being 17.3
er cent under April, 1886. while the
0,236 registrations up to May l were
7 43 per cent from the like period a
car ago.
d. c. Building Permits Rise.
The Richmond Bank report shows
lat building permits issued in Wash
,gton In April had total valuation
Z. s2,979,15O, against s2,eS7,36O in
pril. 1886.
Building permits issued in 81 fifth
strict cities, including Washington, in
prn declined from the previous
onth, but were better than in Apr ,
}36. Permits for all types of con-
ruction numbered 1881 in April this
ar, compared with 1875 permits
sued in March this year and 1926
'rmits issued in April, 1886.
Estimated valuation figures for per-
= its issued in April totaled S8,677,6
decrease of IL per cent under So
12,773 for March, 1887, but IL per
mt above S7.781, ,l93 for April. 1886
twenty-five of the 81 cities reported
:, CHER valuation figures for April this
ar than last.
The Richmond survey also presents
7?ntract award figures for March, con-
acts awarded in the Capital totaling
1887, 100, gain of 130 per cent over
arch, 1885. Maryland awards were
} 18 per cent; Virginia, 54, while
est Virginia experienced a drop Of
per cent.
Bank Deposits Still Climbing.
Time deposits in Al reporting men,
r banks in the fifth district and
7gregate deposits in 10 mutual savings
INKS, the report says, totaled $415,-
1857 at the end of April, 1887. a
CHER figure than either S412,452 ,0O8
ported at the end of March this year
: $400694, ,087 at the end of April
st year.
Seasonal increases in employment
CURED in several lines of work
uilding tradesmen and painters are
active demand, and more employ
ant is available for agricultural work.
as the season advances. Industries
the fifth district continued opera
ons at high levels, and total payrolls
creased at many plants.
Payrolls have recently increased
ster than unemployment, due to
lmerous wage advances granted
her voluntarily or as result of
ganized effort by labor. A number
small, local strikes occurred, but on
whole differences between labor
ID management have been settled
tn little trouble, the report concludes.
Two New Offices Established.
Charles Delmar, president of the
ncoln Service Corp, announced to-
y that the company has recently
2ened subsidiary branches at New
. ,rt News, Va, and Martinsburg, w.
l. The company now has IL COM
lnies operating in Maryland, Vir-
MIA, West Virginia and Pennsylvania
The company official announced
at for the first five months of 1887
lsineSs showed an increase of 1919
r cent in volume over the same
,riod in 1885.
Dollars and Sense Appears.
Dollars and Sense, official organ of
fashington Chapter, American 1nsti-
tie Of Banking, appeared in the
1ancial district today Edited by
:. E. Henze of W. B. Hibbs & Co., j.
Gorge Dagenais, Riggs National, and
.enneth Brgfeld, American Security
Trust Co., and distributed by Ed
r.dge Kendrick, the publication covers
1 detail all institute doings for the
,ast three months.
The June number presents sketches
If the newly-elected officers for next
ear and a message from the incom-
;ag president, William H. Laughlin.
Business Should Exceed 1886.
Business as whole during the
coming months should hold above a
ear ago and normal pickup in the
7all is to be expected, United Business
,ervice says today in the weekly sum-
nary. The more-than-seasonal ex-
1ected reaction is no more than q
est period following a too rapid ad-
'ance, the service believes.
The first quarter pace of produc.
ion was too rapid, inventories being
3uilt up in excess Of requirements
Iowever, retail sales are well sus-
aimed and stocks of goods are grad
.,o1y1, bn{r~ ~ .,,.,a,