Evening star., 1943-09-26
Banks Extend Hours
On Thursdays for
Federal Workers
BY EDWARD C. STONE.

BY EDWARD c. STONE.
Thousands of Government work
ers will be given an opportunity to
cash their pay-checks on Thursday
afternoons between and $50, be-
ginning next Thursday, when all
the banks in Washington put the
| newly adopted banking hours into
effect, following recent approval by
the War Manpower Commission,
controller of the currency, Clearing
House Association and the District
Bankers Association.
The additional banking hours were
adopted following extended confer
ences between Government officials
and Washington bankers. A survey
showed that among 277 900 Govern
ment employees $500 left their Of
fees as late as pm, the new
schedule giving them 80 minutes to
reach the nearest bank. A host of
other Federal employees who are un-
able to do their banking during
the regular hours, will be Offered.
the new service. Branches as we'll
as the main offices will be open.
AS announced by A. Scott Offutt.
president of the District Bankers
Association, in addition to cashing
checks, the banks will receive de-
posits, open savings accounts, sell
War bonds and render other services.
ALI former late banking hours will be
abandoned. Thursday was the day
fixed for the late hours because the
stores are open evenings on that
date and great many people re-
main downtown for shopping. Sub
urban banks have also adopted late
hours but on different days.
Bank officials expressed the hope
Yesterday that the bulk of the city's
banking will continue to be done
during regular banking hours. The
War Manpower Commission is espe-
cially interested in the new service
and has asked officials for later in
formation about it, bankers said yes
terday.
Washington Gas Net Drops.
The Washington Gas Light Co. in
the monthly report filed with the
Public Utilities Commission dis
closed a seasonal loss of $59, 1855 for
August, compared with loss of
$50 300 year ago Gross oper-
ating revenues of $3.50 561 compared
with s580,8 last year, a decrease
OF $8,693. Operating expenses in
creased $16,638 to $595, 1894. Interest
charges and other income deduc-
tions amounted to $74,423.
For the first eight months of this
year net income was 1882 ,266, COM
pared with s773,638 last year. an
increase of $685. ,628. Expenditures
on construction projects which were
IN progress at the first of this year
or begun since then, total to $3.l74.-
767. OF this total, $60,198 was ex-
pended in August and $915 5568 In
the f1rst eight months of 1943 for
the extension of production and dis
tribution facilities in Washington.
The report also shows total gas
sales OF BAT 1886 thousand cubic feet
In August, compared with 848 3O5
thousand cubic feet last year. Gas
sales to District of Columbia GUS
toners during the month of August
amounted to 658,159 thousand cubic
feet, compared with 676.438 in
August a year ago.
Meters in service in the District
OF Columbia totaled 186.O74 at the
end of August, compared with
182, ,13l last year.
Underwriters Make Records.
Thomas P. Morgan, jr., manager
OF the Mutual Life Insurance Com
pany OF New York, announced that
three members of his sales orpaniza-
ton had outstanding records for the
month OF August among all the
company's agents throughout the
United States.
Edgar r. Baturin ranked No. Is
IN volume produced;
oscar G. Richter ranked No. % in
volume produced, and
10 A. Kamerow No. II in number
OF lives insured.
Steel Firm Promotes PhiIpot
A. H. Philpot, in charge of the
CopperWeld Steel Co.'S Washington
once, has been appointed assistant
70 the president of the company at
warren, Ohio, 1t was announced YES
teroay. However, he will continue
TO make his headquarters in Wash
ington.
Previous to his connection with
thls concern, he was chief of the
ferrous metal section and assistant
chief OF the material branch of the
aircraft division of the War Produc-
tlon Board and before that was with
the Republic Steel Co.
War Bond Meeting Called.
L. Clark Brown, chairman of the
investment dealers and brokers group
OF the War Bond Committee. an
nounced yesterday that his group
Will meet tomorrow afternoon at 3
o'clock in the American Security
Building, for discussion of the final
stages of the drive and to make re-
ports on the latest sales.
Chicago Report on Program.
The District of Columbia Building
and Loan League will hold the
monthly luncheon meeting at the
Mayhower Hotel, Tuesday noon, at
1890, reports from the Chicago con-
ference being on the program. Plans
were outlined in Chicago for making
home owning easier after the war.
Bank Wcmen Plan Dinner.
The Bank Women's Club of Wash
ington will hold a dinner meeting
tomorrow evening at the Continental
Hotel at $50, with the president.
Miss Mary Craven, presiding.
Shaw to Address Controllers.
G. HoWland Shaw Assistant Sao-