Evening star., 1941-05-02
Capital Store Sales
q Per Cent Above
Same 1910 Week
Four Weeks Volume
AZ Per Cent Ahead
Of Year Ago
BY EDWARD c. STONE.

gains over IIle ike peTlOQS year
ago, according to the Federal Re-
serve Bank of Richmond.
Sales for the weeE ended April
26 were 80 per cent higher than in
the same week year ago, against
a Is per cent gain in the whole
fifth district. Baltimore sales we're
up 25 per cent, but group of other
cities reported a drop of 10 per
cent.
Trade in Washington in the four
weeks ended April 26 registered a
gain of AZ per cent over the week
ending April 27 year ago. The
gain in the fifth district was 38 per
cent, in Baltimore "a per cent and
In the other cities 27 per cent.
Store sales in Washington and
all over the district we're off from
the previous week this year, the re-
port said.
Postal Receipts Also Soar.
Smashing all previous records for
April. postal receipts at the Wash
ington City Post Office totaled
$794,56460, compared with $7O5,-
74459 in April 1910, a surprising
increase of $88,82O01, or 1858 per
cent, it was learned today.
Todays report followed sharp
gains in each of the first three
months of this year over the 1910
figures. The April total indicates
an uninterrupted advance in busi-
ness conditions in the Capital.
The latest returns bring total
postal revenues in the Capital in
the first four months of this year
to $2,986 ,7976l, as compared with
S2,703, 1871 in the first four months
of 1910. an increase of S283, ,607 80 SO
far this year.
BY months. postal receipts in the
District compare as follows with the
corresponding months a year ago:
1941. 1910.
January --- S7O5, 5,8O495 $672,27O.73
February - 727,323O4 626,825.78
March ----- 759,105.02 698 ,348.61
April ---- 794,564.60 705, ,744.59
Bonds Sales Start With Rush.
Defense bond sales started off with
q lively demand in Washington
banks, partial survey indicated
today. Banks reported the sale of
a large number of E bonds, the is
sue most like the United States Baby
Bonds.
The banks also took a large num-
ber of subscriptions for F and G
bonds on the first day and again
this morning. Bankers predict that
the sales will gain speed during the
next few days.
The City Post Office also reported
a lively demand for the stamps,
both at the main and all the branch
offices. The defense stamps also
are being sold by the banks and
other agencies taking part in the
campaign.
Bankers expressed the opinion
here today that the success of the
campaign already is assured.
Lanston Officers Reelected.
Directors of the Lanston Mono
type Machine Co., meeting in this
city yesterday afternoon, reelected
j. Thilman Hendrick chairman OF
the board and Harvey D. Best presi-
dent. The other officers include:
T. Frank Morgan, executive vice
president; John j. Meadth, vice
president; John A. Ferguson, secre-
tary; Allen R. Fretz, assistant Sec
retary; Wilfred Bancroft, treasurer
and general manager; Harvey w.
Monks, assistant treasurer; A. E.
Pagola, vice president, export de-
partment, and F. j. Broderlck, vice
president. Barrett division.
The stockholders reelected these
directors at their meeting: Mr..
Best, James E. Colliflower. John w.
Drye, ir.; Mr.. Hendrick, John Oliver
La Gorce, A. H. Larkin, Henry Par
sons, William E. Schooley and Roger
j. Whiteford, Washington holding
the distinction of having five mem
bers on the board, including the
chairman.
LanSton stock is listed on the
Washington exchange, selling re-
Gently at 225s, to yield 4,5o per cent.
Loan Leaders Plan Meeting.
At least so members of the Dis
trict Building and Loan League are
planning to attend the spring meet
ing of the Southeastern Group of
the United States Savings and
Loan League, in Baltimore, May Is
16, william H Dyer, regional di-
rector reported today. William N.
Payne, jr., president of the District
league, will head the delegation
which will stop at the Lord Balti-
more Hotel.
Members of the District Building
and Loan League, meeting at the
Raleigh Hotel, heard A. NJ. McLach-
len, president of the District Bankers
Association, and Frank Harding of
Chicago outline the ways in which
the Defense savings bonds are be-
ing distributed to the public by the
banks and building and loan aSsocia-
tionS.
The annual convention of the U.
S. Savings and Loan League has
been set for Miami in December.
The annual outing of the local as
sociation will take place at the
Washington Golf and Country Club
on June 18. The committee Of ar
rangements includes Chaplin B. Bau-
man, Carl j. Bergman. J. j. Kolb
w. H. Blanz and Edward Hotze.
Heard in Financial District.
Clarence E. Kefauver, executive
vice president of the Columbia Fed
eral Savings and Loan Association;
R. w. Santelmann, secretary Me-
tropolis Building Association, and
F Wilson Camp, secretary of the
District of Columbia Building and
Loan League. are in Chicago at
tending meeting of the manage
ment conference, United States
Savings and Loan League.
The sale of single share of
Woodward & Lothrop preferred
stock at 121 on the Washington Ex-
change yesterday was an advance
of three full points over the last
previous sale.
w. w. Weston, who has been
associated with Harris & Co in the
Barr Building, assumed his duties
yesterday as sales executive Of the
Old Colony Finance Corp.
I. J, Roberts, assistant cashier of