Evening star., 1938-08-12


follow: 37O,6O8,293 in 1887. 353,246,-
COS in 1896, 3l7,393,799 in 1885, 282,-
Ol4,186 in 1884. 209320.394 in 1888,
203 1872, ,485 in 1882 and l48,596.36 365
in 1929.
Totals for the first seven months of
this year compare with the same
periods in 1887 as follows:
January ----- 55OOS.550 6O.62s,5l3
February - 5,75gs53 80 51's;b'33aa3s
Apr,i arih - 5ii3s3oaS 5i3s3,o ,oaS 57.093,29o
May - 5O6Oa.91a 57.2O6.3SS
juIy June s5ss;ssi q sss.ssi ss.ssssss ssass.sss
The Pepco July report gives the fol-
lowing classifications, compared with
the 1887 report:
July 1885, July. 1887 Pct chg.
Railroads
ways way iaH an 5,s6s343 5.721.e74 = ..56
Street and
lights 1,s5s's.o l,es5 1880 I.s5
Other sales 55.S5S665 49,4s6,547 r l2.ss
Morse Is Golf Winner.
The annual golf tournament of
Washington Chapter. American In
stitute of Banking, was won yesterday
by Malvern Morse of the American
Security g. Trust Co. Gordon Davis
of the Union Trust Co. was runner
up. Morse was runner-up in 1886.
The difficult job of arranging the
elimination round and the various
matches that followed was handled
by the Athletic Committee, headed
by Raymond L. Jones, chairman, Ma
tional Metropolitan Bank. and the
following committee members: Will
liam Yeatman, James Grant and
Frank Wilson of the Washington
Loan & Trust Co. Malvern F. Morse
and William Grimes of the American
Security & Trust Co and Sam Tolbert
of Riggs National Bank. Special
credit should be given Mr.. Morse for
his capable handling of practically all
the arrangements.
The tournament was held at Indian
Spring Golf Club, where most en-
joyable dinner was held following
the finals. The dinner was attended
by the contestants, chapter officers,
members of the Board Of Governors
and committee chairmen.
Capital Ranks High.
Washington is listed in the August
Is issue of Forbes Magazine as one
of the best places in the United States
for concentrating sales efforts, for COL
lections, and for promoting other busi-
ness operations.
Washington is the center of the fifth
best high-spot territory in the United
States today, according to the maga-
zine figures. Two other nearby cities
make up this territory
While business in this territory is
not ahead of year ago. it shows a
smaller decline than other territories
containing 100000 or more popula-
ton.
For the territory which includes
washington, the median loss over last
year has recently been S per cent.
Air Travel Climbs.
Pennsylvania Central Airlines re-
corded a 1541 per cent increase in
revenue passenger traffic in July over
June, j. ]. O'Donovan, vice president
in charge of traffic for P. c. A., an
nounced today.
The number of July revenue pas
sengers was 10 per cent better than
the July, 1887, total and represented a
80 per cent increase over the monthly
average of revenue passengers carried
in the first six months of 1888.
On the WaShington-Detroit division,
Washington made slight gain over
its June total, Baltimore recorded an
III per cent increase, Pittsburgh 7
per cent gain, Cleveland IL per cent
gain and Detroit 20 per cent in
crease. P. C. AS new Washington
Norfolk service forged ahead again for
the second successive month. Norfolk
business was up 20 per cent, largely
result of the growing number of week
enders flying to Virginia seashore re-
sorts.
Financial District Notes.
E. c. Graham president of Hamil-
ton National Bank, has returned from
his vacation in Florida. A broken
arm, received while away, is mending.
nicely.
John Reilly, president of the Sec
ond National Bank left today for
vacation at Stone Harbor N. j., until
after Labor Day.
H. Prescott Galley. president of the
National Savings & Trust Co., is
spending several days at Virginia
Beach.
E. M Amick. vice president of Riggs
National Bank, returned yesterday
from months vacation in the
Georgian Bay district of Canada.
George E. Hamilton, jr assistant
general counsel of the Union Trust
Co.. left today for a vacation in
Northern New Hampshire until after
Labor Day.
Fred S. Boyer. cashier of the Sec
ond National Bank. returned this
week from three weeks vacation.
F. j. F. Thiel resident manager of
J. S. Bache & Co.. is vacationing this
week at Atlantic City. He expects to
be back in a few days.
Herbert B. Lord, an assistant secre-
tary of the National. Savings & Trust
Co.. is away on his vacation. He
expects to be gone for another week.
Charles w. Fitzgerald, an assist
ant trust officer of the National Saw
ings g. Trust Co., will return Monday
from a vacation in New England.
Another assistant officer of the same
bank. J. Fontaine Hall, will leave
Monday for two weeks vacation
in the South.
Charles P. Lukens of the investment
department of Auchincloss, Parker &
Redpath, left this morning for two
weeks vacation in Upper New York
State. Austin B. Rohrbaugh Of the
same department is vacationing in
Vermont. He expects to be back at
the end Of August. Mark Sullivan, jr.,
Of the investment research department
In the Auchincloss firm is in New
HamnShire for vacation until Labor