Evening star., 1940-12-16

August ---- 7e327,945 71,537,673
September --- 7l560,281 67,365, ,498
October - 1929, ,7S5 67,039, TAB
November ---- 72366,142 661OS,941
Installment Travel Spreads.
The installment plan of selling
railroad passenger travel is proving
a success. A total of 66 railroads
have gone into the plan and the
service is available In 2,300 cities.
If rail trip is to cost more than
$50, an application may be made at
the ticket Offices for loan cover
ing the cost of the ticket, payments
to be made at stated times, the
money being advanced to the rail-
roads by the Travellers Credit Corp.
Railway Age states that during
the four months from June to
September 81, some 1000 persons
purchased transportation on the in
stalment plan, for total of more
than S700,000 The average ex-
penditure was S100, the smallest $50
and the largest $870.
In the four months 5000 applica-
tions were made for tickets under
this plan by Federal, State and mu-
nicipal employees, bookkeepers, ste
nographers, clerks, department store
employees, school teachers and sales
men, as well as by reporters, pub
fishers, writer's, doctors and nurses
Good Business Noted Here.
Washington again is listed by
Forbes Magazine as one of the best
places in the United States for con-
centrating sales activities, for COL
lections and other business opera
tions. Washington is the center
of the fifth best "high-spot" terri
tory in the United States, three
other cities being included in the
trade area.
This district, with the four other
high-spot territories, is chosen for
special mention because in It bus
mess is farther ahead of last year
than in any other territory con-
tanning 100000 or more population.
For the territory which includes
Washington the median gain over
last year has recently been 16 per
cent.
Personal Thrift Stressed.
A manual entitled Personal
Money Management" has been pre-
pared by the savings division Of
the American Bankers Association,
it is announced by Roy R. Mar
quardt, the divisions president.
The manual, in booklet form, is
designed to serve as a guide for
wage-earners in obtaining better
control of their income and ex-
penses and serves also as refer
ence book for bankers in advising
their customers about personal
finance. While the manual stresses
the Importance of personal budgets,
1t also deals with expenditures for
food clothing, rent and home own
ership, Indebtedness, individual
financial progress, savings and eff
clent management of income. The
introduction, by Albert w. Atwood
OF this city, asserts:
Millions of men and women are
trained to work effectively, but
hardly any one is trained to
spend to the best advantage. Count
less individuals run their personal
finances in a way that would ruin
any business because they have no
standards of expense or savings. 1t
is for them primarily the manual
has been prepared, yet it can bene-
fit all who read it."
Notes Heavily Oversubscribed.
Secretary Morgenthau has an
nounced that the Treasury's first
wholly taxable obligations were eight
times oversubscribed, subscriptions
totaling 100000 for the $500.
100000 q per cent issue.
The Commerce Department re.
ports that variety store sales in the
first II months of this year were
per cent larger than a year ago anc
were up per cent in November
over November, 1889.
William H. Boggs of Frank B
Calm & Co. has been nominated
for the presidency of the Baltimore
Security Traders Association ,Tht
annual dinner has been set for Jan
uary 10, many Washington dealer
planning 10 dLJenO.
Theodore w. Cook, general agen
of the National Insurance Co. O
Vermont, announces that after Jan
uary l his company will remove al
restrictions to airplane travel OF
regular routes. The Home Life In
surance Co. of New York has jus
made a similar announcement.
y,racilov,f n
Southern Wholesalers, attending /,
refrigerator sales conference in De
troit, declared that 1941 is bound t,
be one of the best business year
on record in Washington and sur
rounding territory.
Today's Trading on Exchange.
Lanston Monotype drew all tn
attention in trading on the Wash
ington Stock Exchange as the wee
opened. The stock opened with
l0-share sale at 90 Another sal
of 131 shares was reported at th'
same price.
Among the issues now being quote
Woodward & Lothrop preferred an
common. Peoples Drug common
Carpet Corp, Garfinckel preferred
Real Estate Mortgage & Guarant
preferred, Capital Transit an
American Telephone.
The Philadelphia Stock Exchang
will celebrate it's 150th anniversar
on December "a with luncheon t
be held on the floor of the exchang,