Evening star., 1938-04-24

gain Of 10 per cent over the previous
week. The second week scored an
average advance of 695 per cent and
the week under review shows that
the stores in the Capital boosted sales
by almost per cent. With the bulk
OF Easter trade coming three weeks
later than last year, comparisons with
1897 are of less value than they
otherwise would be.
Retail trade in the rest of the fifth
district registered increases during
the past week over the previous week,
with the single exception of Charles
ton, S. c. Substantial gains were
also reported over the comparable
week in 1887. Baltimore stated that
wholesale trade showed particularly
pleasing expansion.
Washington reported bank clearings
lower than last year; visitors to the
Smithsonian Institution numbered
97,408, against 1896 a year ago, and
building permits totaled S297 900, COM
pared with $563.2S5 in 1887.
Lacey Heads Sports Group.
Complete membership of the Sports
Committee for the 1898 convention
of the District Bankers Association.
at Hot Springs in June. was announced
yesterday by President Thomas ].
Groom. the chairman being Robert
H. Lacey. cashier of the Columbia
National Bank. who has already served
on many other important conclave
NNr1pnitfooS Tho ,te~
clude:
George NJ Fisher. vice chairman,
vice president and treasurer. Wash
ington Loan g. Trust Co.; D. j. Gala
han. jr.. assistant cashier Riggs Ma
tional; F. H. Cox. vice president. City
Bank: Frank P Harman, jr., assistant
vice president, Hamilton National;
Garret A. Pendleton, assistant treas
urer. McLachlen Banking Corp; c. D.
Ratcliffe, vice president and assistant
treasurer, Munsey Trust Co.; Francis
E. Robey, assistant cashier, Bank of
Commerce and Savings, and James A.
Soper. vice president and cashier, Lin
coin National.
Potomac Power Income Mounts.
The report of the Potomac Electric
Power Co., for the IL months ended
March 81, 1898, subject to audit,
shows a net income of $4,70798l,
after Federal income taxes, interest,
amortization and depreciation but
without provision for surtax on un-
distributed profits. as compared with
net income of $4,619,07l in the
IL months ended March 81, 1887 The
report for the IL months is in line
with the monthly statements filed
with the Public Utilities Commission
which have disclosed notable gains in
earnings over long period.
Accountants Plan Banquet.
Warren A. Hughes. president, Tau
Chapter, Beta Alpha Psi, national ac-
counting fraternity, announced yes
terday that the second annual ban
quet will be held Wednesday at the
Harrington Hotel, with Lee R. Pen
nington, Federal Bureau of Investi-
cation, as the chief speaker. James
L. Benson, State auditor of Maryland,
will be toastmaster. Goodwin P.
Graham, Harold Anderson. John
Berg, secretary of the District of Co.
lumbia Institute Of Accountants will
be among the leading members
present.
Woodward Stock Advances.
Woodward & Lothrop common
stock sold at $3.50 share on the
Washington Stock Exchange yester-
day, half point higher than it has
sold previously this year. On Friday
woodward & Lothrop preferred ap-
peared on the board for the first tims
in 1898, q small number of shares
changing hands at 113. Both issues
are closely held.
The April meeting Of the Bank
Women's Club of Washington will be
held tomorrow evening at the Little
Tea House, with Miss Mildred Wood
cock presiding. Miss Charlotte Engel
Of the National Savings & Trust Co.,
recently elected to membership in the
club, will be guest at this meeting.
Named Insurance Delegate.
Paul H. Primm, president Of the
District Life Underwriters Associa-
ton, has been appointed delegate from
the national association to attend the
sessions Of the United States Chamber
Of Commerce annual convention. All
members Of the local association are
being urged to attend the insurance
roundtable set for Tuesday, May 2, at
the Willard Hotel
Washington underwriters were
shocked by the death yesterday Of
BENJAMIN A.. Harlan, who held high
position with the Acacia Mutual Life
Insurance Co. He had been . hard
worker in the District association, held
the degree Of chartered life under
writer and was = great favorite among
his associates