Evening star., 1939-04-17
Potomac Electric
Power Sales Jump
In First Quarter
Output Exceeds 1888
And Hits AII-Time Peak,
Comparisons Reveal
By EDWARD c. STONE.

OF reports from tne POtOmdc Elec-
trio Power Co. The figures are con-
vincing in disclosing definite busi-
ness progress in the Capital so far
this year.
Each month revealed an increase
in electric output in comparison
with the corresponding month last
year. In the first three months of
1899 kilowatt-hour sales in the Dis
trict totaled 1875, ,314 ,366, as compared
with ITS, 5,759549 in the first quarter
in 1888, an increase this year of
9,554.8l7 kilowatt hours.
Kilowatt-hour sales in the first
quarter were not only higher than
last year but the highest on record
for the three months. Over Pc
riod of years there has been an in
crease that is almost sensational.
Limiting the kiloWatt-hour sales
comparisons to last year, the MONTH
ly figures are as follows:
Month. 1882 1898.
January --- 63,667 ,18O 60,62S,5l
February ----- 6O,46l4l6 57.87l 1893
March ----- 61.l85,770 57,259 SAB
The sales gain in March alone,
Just reported, was 3926,l27, or 686
per cent.
A. 1. b. Delegates Nominated.
The following members of Wash
ington Chapter, American Institute
of Banking. have been nominated
as delegates to the annual conven-
ton to be held in Grand Rapids
June 5-9
e. Try,c
Kenneth Birgfeld, B. Bruce Frantz.
Frank M. Perley. L. T. Savage, Paul
j. Seltzer: Bank of Commerce &
Savings, Francis E. Robey: City
Bank, James B. Ahalt; Columbia
National, Robert H. Lacey; First
National, Alexandria, Va, Robert G.
Whitton, E. Wallace Schreiner;
Hamilton National Aubrey O..
Dooley, Walton L. Sanderson: w. B.
Hibbs e. Co.. A. E. Henze. j. Earle
McGeary; Liberty National, Myrtle
F.. Lewis, Gertrude c. Wick; Lincoln
National, George R. Galleher, Rich
erd A. Norris. George M. Rowzee;
McLachlen Banking Corp, William
NJ. Mcclure; Morris Plan, G. Craw-
ford Turnbull; Munsey Trust Co..
Theodore B. Bogley; National Bank
of Washington. Rutherford j.
Dooley; National Metropolitan, Ray
mond L. Jones; National Savings &
Trust Co., Neal w. Wells: Riggs Ma
ticnal. Roland T. Carr, Frances N.
Case, John M. Christie, Louis Corea,
Stephen o. Porter, l. j. Roberts;
Second National Bank, Joseph R.
Fitzpatrick, Stuart S. Ogilvie, John
M. Weidman; Security Savings &
Commercial, T. Hunton Leith;
Suburban National, Staten P. Alden,
Howard o. Robinson; Union Trust
Co., G. Elmer Flather: Washington
Loan & Trust Co. Edward M. Blaik-
lock, Leona NJ Draeger, William H.
Laughlin, Herbert D. Lawson, Rose
L. Royce.
Insurance Leader HonOred.
Roger NJ Stuart was rendered a
luncheon today in celebration of his
25th anniversary with the Connecti-
cut Mutual Life Insurance Co. Com
ing to Washington to honor Mr..
Stuart were Peter M. Fraser, vice
president, and Harold NJ Chandler,
second vice president of the COM
pany.
In addition to the visitors from
Hartford, others at the luncheon
were members OF Mr.. Stuart S
agency, the John Lister McElfresh
organization and A. Chester Flather.
who presented a testimonial on be-
half of Mr.. Stuart's many policy
holders.
Before entering the life insurance
business, Mr.. Stuart was a news
paperman. He has received many
honors from his company during the
past Is years. Mr.. Stuart is men,
ber of Almas Temple. Shrine; Ma
tional Press Club, Washington Board
of Trade, and vestryman of Christ
Church, Georgetown.
Prudential 10 Years Old.
Completing their 10th year today
the Prudential Building Association
reports total assets of So 725 ,246, the
highest peak ever recorded. Founded
by Luther C. Steward and E. j Carl
son with other prominent Washing
tonians, Prudential from the begin
ming pioneered in the development
the metropolis. 1t was the second
association in the city to JOIN the
Federal Savings & Loan Insurance
Corp.
Luther C. Steward is president,
Curtis Walker, vice president; John
B. Colpoys, vice president; F.. j
Carlson, secretary treasurer; c. H.
Boyse, assistant secretary treasurer
and Harvey L. Cobb. attorney. Dl-
rectors are T. Howard Duckett,
Thomas E. Hampton, Thomas D.
Lewis, F. Eliot Middleton and Messrs
Steward, Carlson, Colpoys, Walker
and Cobb.
Easter Trade Up l9 Per cent
The Federal Reserve Board re-
ports that Easter trade in the Rich
mond district in the first week IN
April was up 19 per cent over the
corresponding 1888 period Atlanta
and Kansas City led the u districts
with sensational pickups of SO per
cent. The smallest gain reported
was Is per cent in Boston.
The rate of collections on depart
ment store open, or charge, accounts
in February, 1899, showed a seasonal
decline from January of 68 per
cent, according to an announcement
made by the Bureau of Foreign and
Domestic Commerce. Last year the
rate of collections on open accounts
dropped 8.8 per cent in the same
period.
Financial District Comment.
Raymond G. Marx. controller of
the Riggs National Bank, has gone
to Florida for two weeks vacation
Eliot H. Thomson of the Washing
ton Loan e. Trust Co. has returned
from Springfield, Mass, where he
was called by the death of relative.
National recognition for their per-
sonal production records last month
has been won by J. D. Marsh, C. B.
Ray, v. w. Summers and H. w.
Madison, Washington representa-