Evening star., 1942-09-13
August Power Sales
Set New Monthly
Record Here
Pepeo Reports Total
1851 Per Cent Ahead
Of Year Ago
BY EDWARD c. STONE.

BY EDWARD c. STONE.
Potomac Electric Power Co. kilo-
watt hour sales in the District of
Columbia in August smashed all
previous records for any month in
the company's history, officials re-
ported yesterday.
August sales totaled 110,953,7 ,787,
compared with 94,338, ,486 year ago,
a jump of 16,615, ,301 kilowatt hours,
or 1851 per cent. The best previous
record was in July of this year when
sales crossed the 103 100000 mark.
Railroads and railways used TO-
21.99 per cent more than a year ago.
Highway lighting sales were practi-
cally the same as last year in Au-
gust, but other sales reached 98,-
86,918. an upswing of 1854 per cent,
yesterdays report showed,
Only in the past two months have
electricity sales ever exceeded 100,-
900 900 kilowatt hours in four weeks,
war activity being the cause.
Towers New Storage Director.
The Federal Storage Company
yesterday announced the election of
Frederic n. Towers as a member of
its Board Of Directors.
Mr.. Towers is a member of the
law firm of Frost, Myers & Towers,
graduated from the Law School of
George Washington University in
1922 and was admitted to the bar
the same year.
He is a director of the Liberty
National Bank, Seaboard Finance
Corp, and Lincoln Service Corp.
and is member of the American
and District of Columbia Bar Asso-
Citations, Barristers Club and Colum-
bia Country Club.
Womens Committee Named.
Miss Sophia Karydakis, Second
National Bank, has been appointed
chairman of the Women'S Commit
tee of Washington Chapter, Ameri-
can Institute of Banking, President
George M. Rowzee, jr., announced
yesterday. She was secretary of the
chapter last year and has been
very active in institute affairs.
Miss Margaret Allison, National
Savings & Trust Co., was appointed
vice chairman. Other members are:
Leona E. Draeger, Washington Loan
& Trust Co.; Elizabeth Rowzee and
Dorothy Werner. Hamilton Ma
tional; Helen Hogan, Bank of
Commerce & Savings; Ethel Selby,
American Security & Trust Co.;
Helen Freeman, Union Trust;
Miriam Fort, Riggs National;
Eleanor Dankmeyer, Security Saw
ings & Commercial; Betty Soper,
Second National, and Golda CALI
more, Morris Plan Bank.
Miss Karydakis will preside at
the annual Womens Committee
dinner Monday evening at the May
flower Hotel. The principal speaker
will be Miss Marion G. Rehfuss,
Corn Exchange National Bank &
Trust Co, Philadelphia chairman
of the National Womens Commit
tee of the A. I. B.
Appraisers in Joint Session.
A regional conference of Wash
ington- Baltimore Chapters, Society
of Residential Appraisers, will be
held at the Maydower Hotel tomor-
row at 6 pm, according to R. Lee
Baxter, secretary. A Dutch treat"
dinner will start the proceedings
after which Paul l.. Hathaway will
| act as moderator, introducing the
topics and the speakers.
Frederick M Babcock who will
| discuss What to Anticipate in Real
Estate at Conclusion of Interna-
tional Hostilities"; Edward c, Baltz,
/ Present Effect of War on Lending
/ Activities; Wilfred H. Blanz. Re
| payment of Obligations Under Prob
able Future Economic Conditions"
and Ayers Du Bois, How to Circum-
vent Repetition of 1888 Real Estate
| Losses"
Auchincloss Adds Partner.
Frederick H Clarkson, who has
been partner in Winthrop, White
house & Co, will become a general
partner in Auchincloss, Parker &
Redpath on October /.
Upon the dissolution of Winthrop,
Whitehouse & Co., number of his
former associates in that firm will
also join Auchincloss, Parker g. Red
path, it was announced at the head
Office of Auchincloss. Parker & Red
path in the National Savings Build
ing here yesterday. The firm has
had a New York Office ever since it
was founded.
Financial District Comment.
An II per cent increase in loans
for new construction-small in VOL
ume but temporarily reversing a
downward trend of several months
marked the S95, ,797 900 home-flnanc-
ing activities of building and loan
associations in July, the Federal
Home Loan Bank reported yester-
day.
Secretary Morgenthau has an
! nounced that the new wartime
nickel will contain silver, copper
and manganese, but no nickel. The
{ coin will be minted in Philadelphia,
! beginning this week.
The Secretary said yesterday that
the voluntary sale of War savings
bonds is extremely important to the
| war effort and will remain so during
the rest of the struggle, despite any
forced saving or any other plan that
may be adopted, He expressed graft
tude to all fnanciers who are giving