Evening star., 1939-01-05
Total ------------ s341, ,634 ,354 .65
Postal Receipts Set Record.

Total ------------- S341, ,634 ,35465
Postal Receipts Set Record.
For the first time in the history
of the City Post Office, postal re-
ceipts crossed the $1000,000 mark in
December and broke all previous
records for that or any other month
December receipts totaled $1,O4O.-
240.09, in comparison with 1892
99023 in December a year ago.
making gain of S1O7 ,249 SO, or 1149
per cent. The sharp rise was partly
due to new flrst-day covers, two
new stamp issues having been put
out, and the substantial jump in
Christmas business, the height of
the holiday season revealing a gain
of between 6 and 7 per cent over
December, 1887.
For the full year 1888 receipts
at the City Post Office totaled ST.
867 ,86605, against S7.426 ,98946 in
the previous year This was an in
crease of S440876.59 for the IL
months, most gratifying to Post
Office officials and also surpris-
ing in view of the situation earlier
in the year. The stepping up in
revenues in the last quarter was
spectacular.
Exchange Trading Improves.
There was sharp increase in the
volume of trading on the Washing
ton Stock Exchange in November
over October, the Securities and
Exchange Commission announced
today. The dollar value of all sales
on the washington Exchange during
November amounted to S130,864,
against only s9l ,42O in October.
The dollar value of stock sales
totaled $1O5,756, as compared with
s80,055 in the previous year. The
per-share turnover was nearly three
times larger, 2,260, compared with
816 in october.
Although light, bond trading more
than doubled during the period.
Bond sales were valued at S25, 5,1O8,
against $11,365 in October. Total
principal amount of bonds sold was
s27,50O, against $11,500 in the prev
ious month.
Business was also double the
record for November, 1887, when AL
sales were valued at s71,764. The
value of stock sales a year ago was
s53,516 and bond sales $18,248.
The dollar value of sales on all
registered exchanges in November
1898, amounted to $1,446,052, ,343. off
is per cent from october and 20
per cent from November, 1887 the
report said.
Express Business Up Sharply.
Further indications of record
holiday business in the Capital were
disclosed today in the December
report of the Railway Express
Agency. Shipments in December,
1898, numbered 203,609, in compari-
son with 1872 889 in December, 1887,
it was reported at the head office
here. This was gain of 11.3 per
cent over the previous year.
Express shipments for the full year
were also heavier than in 1887, the
total standing at 1,708,233 for 1888,
compared with 1,638,425 in the pre-
vious year. an increase in shipments
of 4.3 per cent.
The substantial increase in De-
cember became evident when more
trucks and more men were required
to handle the Christmas rush than
in the previous year.
Today's Trading on Exchange.
Washington Gas Light preferred
was strong on the Washington Ex-
change again today, selling at LOT,
unchanged.
Potomac Electric Power 51a per
cent preferred stock was in demand
with 20 shares commanding the high
price of 116.
Capital Transit appeared on the
board in a 10-share sale at Z, same
price at which it sold on the first
trading day of 1889.
The $8,500,O0O issue of Washington
Gas Light 5s, which were called for
redemption and refunded, ceased
paying interest on January 3.
Dictaphone Executives Meet.
Executive and branch managers
of Is Offices of the Dictaphone Sales
Corp. opened three-day convention
at the Wardman Park Hotel today,
gathering in the Capital for the first
time. Statesmen, who have exceeded
quotas, were also at the conclave.
Special awards are to be presented
to many of the delegates. Ernest j..
Splitter, manager of the Washington
office Is convention chairman.