Evening star., 1940-04-11

SASSAACoSC SO4l1Jdl 4SOllS 1Ol MdICll
and the three months in leading
4fth district cities, with the cor
responding periods year ago, fol-
pw:
- March Jan. Mar
Baltimore, Md, ---+ 80 + SO
Charleston, S. c., ---+12.3 LIZA
Charleston, w. Va.+15.7 +16.4
Huntington, w. Va, -+183 HOS
Lynchburg, Va, -----+118 ILL.,
Norfolk, Va, --------+ 81 r 80
Richmond, Va, -+ 80 + 7a
Washington, D. c.. IF 36 + 10
Other cities ----+15.4 +136
5th district, 81 stores 4 6. + 9.
Virginia ---+ 93 + 73
West Virginia ------+191 +177
North Carolina --+159 Ills
South Carolina 1873 +147
Figures from other Federal Re-
serve districts show percentage
changes in sales in 4 weeks ended
March 80, in comparison with sales
in 4 weeks ended April /, 1899:
Boston II, New York 0, Philadel-
phia II, Cleveland II, Atlanta 10,
Chicago i, st. Louis rs. Mime
apolis 2, Kansas City II, Dallas
rs, San Francisco "A, and the
United States II.
d. c. Shippers Fight Waste.
More than 300 Washington repre-
sentatives of Washington merchants,
manufacturers, transportation agen-
Cies, including officers of various
Government departments, attended
a meeting last night as part of a
national campaign aimed at reduc-
ing losses and damage in shipments
of goods. Such losses cost the rail-
roads alone more than $l8,5OO. 900
last year. The meeting was held in
the auditorium of the Railway Ex-
press Agency.
The speakers included w. c..
Kendall, chairman of the car serv-
ice division, Association of Ameri-
can Railroads; C. A. Williams, trav-
cling loss and damage supervisor,
Railway Express Agency. and C. NJ.
Naylor, traffic manager, Black g.
Decker Manufacturing Co. of Bal
timore.
w. c. McDermott, traffic manager
OF Woodward & Lothrop and local
chairman of Freight Loss and Dam
age Prevention Committee of the
Atlantic States Shippers Advisory
Board, presided.
Speakers contended that more
than one-half of all damage to
merchandise in transit is avoidable
and stressed the necessity of good
packing, correct marking, safe
switching as well as careful han
ding.
Among those assisting Mr.. Nc
Dermott were c. w. Turner, super
intendent of the Railway Express
Agency; John H. Hague, assistant
general freight agent. Baltimore g.
Ohio Railroad; Eugene M. Mussel-
white, District freight agent, Penn
sylvania Railroad; James B. Ed
munds, general agent, Chesapeake
& Ohio Railway, and William
Jardine, District freight agent,
Southern Railway.
Zimmerman Again President.
Shareholders of the Northern
Liberty Building Association, meet
ing yesterday for the annual elec-
ton of officers and directors, re-
appointed William C.. Zimmerman
as president for the ensuing year.
George M. Emmerich was re-
elected treasurer a position he has
held for many years. Mr. Emmerich
has been associated with the North
ern Liberty for 40 consecutive years
being with the group since its
establishment in 1891.
w. H. Somerven was named vice
president while Edmond M. En-
merich continues as secretary. He
told the shareholders that total re-
sources are now in excess of $780,
600, the highest mark ever reached.
Directors named were George c.
Gertman, Alvah Godding, Charles
w. Botsch, Harry M. Packard, Harry
E. Allen, w. H. Somervell, George
B. Mullin, jr., and George W.
Huguely.
Real Estate Bonds Rise.
The average price of 200 real
estate bonds in Eastern cities gained
one point in the first quarter of
1910, according to the Amott Baker
report. During March these same
bonds showed practically no changes
the report adds. The average price
was $3l7 per $1,000 on March 30
The report states that Mayfowe,
Hotel IS gained ~ points during
the month, Hamilton Hotel Realty
Corp. IS remained unchanged, as
did National Press Adjustment In.
come 4l2s. National Press Building
1st SIS lost two points during the
month, and Washington Properties
Inc. Is dropped two points.
Boston bond issues made the best
showing during March. Sheraton
Apis. IS having a run-up of q
points, the report states.
Financial District Comment.
Roger P. Hollingsworth, assistant
trust officer of the National Metro
poItan Bank, has practically re.
covered from his recent illness.
William G. Coe of the investmen
firm of w. w. Mackall g. Co., wa.
q recent visitor IN Wall Street.
Vernon w. Holleman, genera
agent of the Home Life of New
York, announced today that Franl
s. Resh has been awarded th'
agency's consistent progress troph.
because of heavy production in tn
first quarter
Fifty-two shares of Mergenthale
Linotype sold at 1873 on the Wash
ingten Stock Exchange today, tn
highest the stock has sold this year
The last previous sale was at 15la
The market closed with 1512 bid
offered at II. Nine shares Of Wash
ington Railway g. Electric preferres
sold at 118 and one at 1T.