Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-03-03
New Express Records
Set in February
And Two Months
1873 Per Cent Gain
Over 1912 Recorded
Here in Month
By EDWARD c. STONE.

CDl udI ehpl tSS SIllJlIleIliS II
and out of Washington established
another all time peak for that
month. continued the long list OF
gains in 1912 and the first month OF
l943, and set another record for
business in the first two months OF
any year in the company's history
Supt. w. O. R. Hannah of the Rail-
way Express Agency announced to-
day
Shipments in February numbered
203 $3.50, in comparison with ITO O4O in
February a year ago. an increase of
1929 packages, or 1873 per cent, the
report said.
In the first two months of this
year Railway Express handled 4O9,-
1873 shipments in the Capital. against
376,40l in the like period last year
an increase of 32,787. The 1873 per
cent February gain was much better
than the Al per cent increase IN
January.
All these recent express records
are the result of wartime activities
and the prevailing business boom
in the Capital, Supt. Hannah said.
Wilson Again c. & P. Head.
Lloyd B. Wilson, for many years
president of the Chesapeake &
Potomac Telephone Co.. was re-
elected to the same office at the last
monthly meeting of the directors, it
was announced today.
Other officers reelected were
Lloyd M. Griffin, r. c. Mccain and
John A. Remon. vice presidents;
Philip O. Coffin. vice president
secretary and treasurer: Ralph A
Van Orsdel, vice president and gen.
eral counsel; Franklin H. Ken
worthy, general auditor; Charles A
Robinson, vice president and gen.
eral manager; r. w. Bradbury, au-
ditor; E. Goring Bliss, Frederick G
Macarow and John c. White, assist
ant general managers; Roy w
Prince, chief engineer; David E
Mccoy, general commercial man
ager: James B. Morrison. general
plant manager. and Samuel F.. Mer-
riam, general traffic manager.
Instailment Loans Decline.
The Federal Reserve Board re-
ports that consumer installment
loans outstanding of the four main
groups of lending institutions de-
clined by per cent in January. 1913
to SLOT 100000 at the end of the
month. The decline for the year
ending with January was 5000 ,000, 900
or Sc per cent.
Commercial banks and credit
unions continue to show the largest
percentage decline, amounting to 7
per cent in January, compared with
decline of per cent for small loan
companies and industrial banks.
The volume of installment loans
made by the four lending agencies
in January was Silt ,OO0,O 900, which Is
AZ per cent less than loan volume In
the same month last year.
Loans made by commercial banks
were IS per cent less than in Janu-
airy. 1912. while new loans of indus
trial banks and small loan COM
panies were "a and 80 per cent re-
spectivelv below the same period
last year, the report said.
Accountants Join Institute.
Seven Washington men are in
cluded in a list of certified public
accountants admitted as members or
associates in the American Institute
of Accountants in the last quarter
of 1912, it has just been announced.
The Washington men admitted as
members are Capt. William H. Lloyd,
U. S. A., and 1t. George Edgar STAN
ford, U. S. N. r. 1t Stanford, for
merly an associate, was advanced to
full membership.
Admitted as associates are Maj.
Oscar Magnus Hansen, U. S. A.;
Gordon D. Horsburgh, United States
Department of Agriculture; Clifford
A. Michel. Federal Power Commits
sion; William F.. Parker, certified
public accountant, and Philip L.
Steers, jr., U. S. A.
After the present supply of
gummed sheets used by tradespeople
for pasting up ration stamps has
been exhausted the transfer OF
stamps is to be made in envelopes
the Office of Price Administration
has announced The new method
will not apply to the gasoline trade
The OPA estimates an annual saving
of 100000.
Washington Gas $3.50 preferred
stock sold at 90, unchanged, on the
Washington Stock Exchange today
The bid for Washington Railway &
Electric common stock has been ad-
vanced to $3.50 a share, with $500 a
share asked.