Evening star., 1939-11-16

in 1913 as salesman during spe-
cial sale. A firm believer in adver-
tising. he credits much of the growth
of his company to policy OF tea-
turing nationally advertised lines in
practically every department of the
store.
Mr.. Dulcan has made many ad-
dresses before retail merchandising
groups during his rapid rise in busi-
ness. From assistant buyer he
moved up to buyer, assistant mer-
chandise manager, general mer-
chandise manager and then became
head of the company.
Mr. Dulcan is a director of the
Boys Club of Washington, member
of the Board of Trade, director of
the Washington Criminal Justice
Association, member of the Board
of Trustees and Executive Commit
tee of the Community Chest, men,
ber Of the Cosmopolitan Club, asso-
ciated with the Relief and Forum
Committee He is a member of the
Washington Hebrew Congregation,
director of Woodmont Country Club,
a member of the Masonic order and
of Almas Temple Shrine.
American Co. Votes Dividend.
John Poole, president of the
American Co., announces that the
board of directors has declared an
other dividend of $3.50 per share
on the per cent cumulative pre-
ferred stock, payable December 6,
to stockholders of record at the close
of business November 30. This is
the second dividend for the year
1899, making total of S5, or per
cent, on the par value of $100 per
share.
Mr.. Poole reports substantial in
crease in the volume of real estate
and general insurance business dur
Ing the 10 months ended October 81, j,
and predicts for his company the
most successful II months in the
last five years or more.
Extra Dividend Declared.
At a meeting of the directors of
Lincoln Service Corp. held yesterday,
the regular quarterly dividend of
! u per cent and an extra participant
Ing dividend of l per cent on the 6
per cent cumulative participating
preferred stock were declared.
The directors also declared the
regular quarterly dividend of Ia
per cent on the per cent cumula-
tive prior preferred stock and the
regular quarterly dividend of Is
cents per share on the common
stock.
All dividends are payable Decem-
ber II, to stockholders of record as
of November 30. This company now
operates Is units in the States of
Maryland, New York. Pennsylvania,
Virginia and West Virginia, having
opened new Office in Portsmouth.
Va, on November l.
Phone Official Riggs Speaker.
E. L. Florance, general informa-
ton manager of the Chesapeake &
Potomac Telephone Co., addressed
the officers and employees of the
Riggs National Bank at a meeting
Of its entire staff on Tuesday eve
ming.
Mr.. Florance discussed the pro-
gram which the telephone company
has carried on for years in training
its employees with view to con-
stantly improving their service to
the public, and he pointed out the
similarity of their policy to that of
the Riggs Bank, which some years
ago inaugurated permanent
course in constructive customer and
public relations.
Following the address, some of
the banks employees entertained the
group with an amusing debate on
the subject Of whether fat men or
thin men were best qualified to pro-
mote good customer relations.
Capital Transit Goes Higher.
Another new high mark on the pres
ent move was reached today by Capt.
tai Transit stock on the Washington
exchange when block of 100
shares changed hands at Is, up an
eighth from yesterdays. close The
final bid was 14R, with 1872 asked
Members of the exchange aascribe
the recent advance to earnings and
to dividend gossip.
Fifty shares of Lanston Monotype
stock sold eX-dividend at 331a, and
Potomac Electric Power 6 per cent
preferred stock registered sale at
113%.