Evening star., 1940-03-11

Norfolk. Va ------- = "a ! 4s
Richmond. va.----- 12.7 So
Other cities -------- ! i4.6 -+1I.4
Fifth dist. 55 stores il 10.
west v1estn1ai Virsinia ------ : 1ss 1ss las
North Carolina --- : 12.5 81
South Carolina = 14.6 -15.o
Sales in the four weeks ending
March in the IL Federal Reserve
districts averaged 3 per cent higher
than last year, and in the first nine
weeks of 1910 were per cent larger
than in the like period year ago.
Peoples Drug Sales Higher.
Sales of Peoples Drug Stores, Inc,
in February also joined in the up
swing. reaching total dollar vol
ume of $1,825 ,O7698, as compared
with s1,737, ,14069 year ago, an in
crease of $87, 1886 20, or 5.06 per cent.
Peoples Drug Store sales in the
first two months of 1910 totaled
92,247.54, in comparison with
03,843.03 in the same two months
in 1885, an increase of $1S8, ,404.51, or
5.37 per cent.
Sales in January this year
amounted to ,77079, an in
crease of ss8, ,57e.OS, or SIS per cent
over January, 1899.
New York Life Assets Mount.
Assets of the New York Life In
surance Co. increased by S114,800,-
900 during 1889 and amounted to
S2,762 100000 on December 81. 1889
Alfred L. Aiken, president, reports
in his annual letter to the policy
holders.
Reviewing the company's opera
tions during the year, Mr.. Aiken
reported increases of 100000 in
the amount paid to policyholders
and beneficiaries, of about $5,000.-
600 in new life insurance paid for
during the year and of approx
mately $37 100000 in total insurance
in force at the close of the year.
During 1889 payments to living
policyholders amounted to $780,
100000 and to beneficiaries in death
benefits $70,8O0, 900. New insurance
during 1899 amountde to $427, ,756 600
On December 81, 1899, the company
had $3.50, 1894, ,796 of insurance in
force under 2,872,234 policies.
Neal New Transit Director.
A. G.. Neal, president of the Po-
tomac Electric Power Co., was elect
ed director in the Capital Transit
Co. at today's annual meeting of
the stockholders He takes the place
of Frederick w. Doolittle, whose
term expired.
Directors reelected include John
H. Hanna, chairman of the board;
G. Thomas Dunlop. Robert V. Flem-
ing, Edwin c. Graham, William F.
Ham, George E. Hamilton, William
Mcclellan, Edward D. Merrill, Len
nard H. Mitchell, George L. Nicol-
son, John M. Perry, S. Percy Thomp-
son, Merle Thorp and Allen Van
Wyck.
The directors reelected these Of
ficers: Edward D. Merrill, president
and general manager; j. E. Heberle,
vice president and controller; j. H.
Stephens, vice president and trans
portation manager; William B. Ben
nett, secretary; H. D. Champion,
treasurer; William L. Clarke, as
sistant secretary and assistant treas
urer; John Fleming, assistant Sec
retary. and C.. B. Koontz, assistant
treasurer.
The meeting was held at the head
Office, Thirty-siXth and M streets
NV.
Gas Light Directors Renamed.
Stockholders of the Washington
Gas Light Co. at the adjourned
annual meeting this noon reelected
the following directors: Albert w.
Atwood, Everett j. Boothby, Robert
G. Overs, C. H. Pope, Marcy L.
Sperry, Sidney P. Taliaferro and
Corcoran Thorn.
The annual report showed earn
ings of $252 per share on the COM
mon stock, against 1924 per share
a year ago. This was the first an
nual meeting since New York in
terests gave up voting control of the
company. Control is now definitely
back in the Capital
Officers will be elected on Wednes-
day, March 27.
Today's Trading on Exchange.
Capital Transit stock again sold
at 15A on the Washington exchange
today, the 1910 high mark Twenty
five shares changed hands.
Potomac Electric Power 512 per
cent preferred stock appeared on
the board today in tiny transac-
ton at 1141a.
Junior Bankers to Debate.
Members of Washington Chapter
American Institute of Banking, are
planning for the annual public
speaking contest on April II, wher
they will compete for the trophy
offered by Washington bank presi-
dents and select a candidate tt
20 after national honors.
The contestants must be employed
In a bank eligible for membership
in the A. B. A., have had three
years banking experience and hole
institute standard certificates. The
A. P. Giannini prizes total $1,100
The winner in this territory will bt
sent to the national convention ir
Boston next June. The chapters
Public Speaking Committee In
cludes:
Stephen o. Porter, chairman
Riggs National Bank, Park Roac
Branch; Neal Wells, National Sav.
ings & Trust Co.; James B. Ahalt
City Bank, East Capitol Street
Branch; George M. Rowzee, Lincoln
National Bank, Seventeenth and +
Street Branch, and A. Stanley
Wolfe, Riggs National, Dupont Cir