Evening star. [volume] (Washington, D.C.) 1854-1972, 1942-12-22
New Record Set Here
By Telephones al End
OF November
G. & P. OfficiuIs Report
356,l95 Connected.
Coils Also Rise
BY EDWARD C. STONE.

BY EDWARD C. STONE.
Another record was scored by the
Chesapeake & Potomac Telephone
Co. in November, when the number
Of stations in operation reached q
new all-time peak, company officials
announced today.
The number of phones In use at
the end of the month reached 1885,
1875, gain over October of 1883
stations. In November of last year
there were 315,788 stations in serv-
ice, which means an increase of 49,
407 during the past IL months.
The station total has entered new
ground in every month during the
present year and would have been
still higher had not the installation
of new phones been limited to those
needed in the war effort.
Average daily calls per day we're
again extremely heavy. officials said.
Daily calls in November totaled
1,5l7,196, compared with 1,485,86
in November, 1941, or an average
daily gain of 1884 calls. Only the
requested limitation on civilian
long distance calls, to keep the lines
always available for war service, pre-
vented another monthly record.
Last March saw the heaviest average
daily calls of any month this year.
officials said today the feverish
demand for telephones in the Cap
ital area remains undated. Since
the November figures were compiled
Christmas business Is understood to
have caused further expansion in
calls.
Building, Loan Assets Jump.
S. Wilson Camp, secretary of the
District Building and Loan League,
reported a gain in combined re-
sources of the members of $8,543. 1872
during the past year at the monthly
meeting of the Executive Council
at the Raleigh yesterday. Assets
now total $179 1884
A gain of So, 669,9l5 was registered
in new share money although the
amount outstanding on mortgage
loans increased only $5,016,339. IN
vestment in Government securities
more than trebled from last year,
rising from SLOT, 349 in 1941 to
So, 585 ,229. Reserves also reached
new high of $15,933,967 as COM
pared to $13,616,117 year ago.
Edward G. Baltz, who received
congratulations over his eleventh
successive appointment as vice
chairman of the Federal Home Loan
Bank of Winston-Salem, stated the
United States Savings and Loan
League has been assigned a quota
of $500, 0OO,0 900 in war securities for
1943 which will mean that the local
associations will have to absorb over
100000 for their own account.
The council did not make any
recommendation as to Office hours
on December 26, the day after
Christmas, although it is UNDER
stood that most of the associa-
lions will be closed that day.
c. Clinton James, chairman Of
the Legislative Committee, report
ed on legal matters. Clarence E.
Kefauver, vice president, acted as
chairman. -''
Fleming Named to ABA Council.
Robert v. Fleming, president OF
the Riggs National Bank, has been
| appointed member of the execu-
tive council of the American Bank
ers Association by President w. L.
Hemingway, who announced IL APP
pointments. Mr.. Fleming was also
placed on the administrative coun-
Gil, 1t was announced.
Three other bankers were named
to the administrative as we'll as
to the executive council-H. Dom
aid Campbell, president, Chase Ma
titonal; H. D. Ivey, president, Citi-
zens National, Los Angeles, and
Tom K. Smith, president, Boat
mems National Bank, st. Louis.
H. Hitter Harris. president, First
& Merchants National Bank Of
Richmond, was also named to the
council. Mr.. Fleming has been Civ
en- this banking honor every year
since he was president of the asso-
citation.
Washington Gas Stocks Higher.
Washington Gas Light SIS preferred
stock sold at 1005s on the Washing
ton exchange, highest price on the
present move.
One hundred shares of Washington
Gas common came out at Is, another
new high mark for many weeks.
Later in the session IS more shares
sold up to 15A. .'-~
Ten shares of Woodward g. 10th
rop common sold at 331s, a gain of
81 points. American Security g.
Trust Co. stock moved at 1871, up q.
President George M. Ferris, on
behalf Of the members, presented
c. j. Gockeler with a fine Christ
mas gift, Mr.. Gockeler being in the
city for short visit. He is a mem.
Der of the exchange. -,
Woodward Declares Extra,
In addition to the regular divf-
dends recently declared, the board
of directors of Woodward & Lothrop
yesterday declared an extra divi-
dend OF 30 cents per share on the
common stock, payable December 80
to stockholders of record Decem-
Der %.
Directors of the Firemen's Insur.
ance Co. have declared the semi.
annual dividend of 31a per cent.
payable January 2 to Stockholders
Of record December "a. y
SnIIfh pnrfn Rirn e,,nar ,.