Evening star., 1940-03-12

the past % years, starting as assist
ant controller. He was elected vice
president in 1925 and general man
ager in 1888. For some years he
has been a director of the Potomac
Electric Power Co. and of the Wash
ington Railway & Electric Co. He
takes the place on the transit board
Of Frederick w. Doolittle whose
term expired.
The other Capital Transit direc-
tors, as already noted, were re-
named, as were all the officers. The
annual report. formally presented,
showed earnings of $3.50 per share
on the stock, against Sl,10 in 1898.
Realty Bonds Up Slightly.
Real estate bonds prices in East
ern cities at the end of February
were just per cent ahead of F'ebru-
ary, 1899, according to the Amott-
Baker Bond Price Averages, based
on the action of 200 issues in this
territory. the average price of a
$1,000 bond now being S317, COM
pared to S314 at the end of 1899.
During February the average suf-
fered a decline of 81 per $1,000.
Sixty-four of the bonds used
for the average increased in price
in February, II closed at the same
level, while SO others recorded lower
bids at the end of the month. For
the first two months of this year,
Pittsburgh showed the best ad-
vances, the gains averaging over
6 per cent.
During February Washington
Properties, Inc, General Income Is,
1852, dropped 512 points, the report
says. the bonds new being quoted
at 56 bid and 61 asked. On the
other hand, Mayfower Hotel Co.
first SIS moved up IL points, now
standing at SO bid and SO asked.
National Press Building first 3-5s,
1850, we're off fractionally, with rs
bid and 80 asked. National Press
Adjustment Income AIS we're also
fractionally lower, with 1872 bid and
221a asked. Hamilton Realty Corp.
first SIS, were practically unchanged
during the month.
Who's Who on Gas Board.
The same Board of Directors of
the Washington Gas Light Co. will
guide the concerns interests this
year as were at the helm in 1888.
All we're reelected by the stock
holders in annual session.
Albert w. Atwood has lived in
Washington for many years and is
well-known writer on financial
subjects. He was formerly financial
editor of the Saturday Evening Post
and has written for host of other
publications.
Everett J. Boothby and Robert C.
Overs are prominent officials in the
gas company. while C. H. Pope is
president of the Munsey Trust Co.,
having been connected with that
institution for more than Is years.
Sidney F. Taliaferro is trust Off
Ger of the Riggs National Bank and
Corcoran Thorn has for many years
been president of the American
Security & Trust Co., the board
thus having the services of three
active bankers among the seven
members.
Heard in Financial District.
M. G. Gibbs and the other officers
of Peoples Drug Stores, Inc. were
honor guests at the luncheon today
of members of Washington Sales
Representatives Association, Inc, at
the Lafayette Hotel. President Ed
gar K. Crone introduced Lee Everett
as the guest speaker. Maxwell L
Jones headed the Reception Com
mittee
National Dairy Products, which
has two Washington units, reports
net earnings of $197 share on the
common stock, compared with $l.6s
a share year ago.
Capital Traction SIS were strone
on the Washington Stock Exchange
today, selling at 100ss. ...