Evening star., 1944-04-30
Acacia Elects
Montgomery as
President Again
Washington Cos
Net for March
Dropped S27,394
BY EDWARD c. STONE.

president and is starting his Sis
year of service, it was announced
yesterday.
Other officers reelected includ,
Howard w. Kacy, first vice presi
dent: Samuel E. Mooers, field vic,
president; Lloyd K. Crippen, vict
president and actuary; Robert B
Montgomery and Donald F.. Roberts
vice presidents: James B. Powers
secretary; c, Bayne Marbury, treas.
urer; E. M. Tore, general coun-
sci; c. 3. Hurd, associate genera
counsel; Ralph E. Heitmuller. con-
troller. DR.. ]. R. B. Hutchinson
medical director. and DR.. John B
Nichols, advisory medical director
Mr.. Montgomery announced re-
election of seven directors whose
terms expired this year, Harry
Blake, James E. Collifower, Col
c. c. Coombs. J. Harry Cunning
ham, Brig. Gen. Frank T. Hines
Thomas E. FARRELL and Howard w
Kacy.
Other board members are Paul B.
Cromelin, E. c. Graham, Joseph H
Hines, Homer A. Holt, j. Claude
KEEPER, Arthur D. Marks, DR.. Cloyd
Heck Marvin, John T. Meany
Joseph H. Milans, Samuel E
Mooers. William Montgomery, DR..
John B. Nichols, Marcy L. Sperry
L. P. Steuart, Frank j. Stryker
Roger j. Whiteford and Lloyd B.
Wilson.
Washington Gas Net Slumps.
While gross operating revenues of
the Washington Gas Light Co. in
March reached $1,338,630, an in
crease of $58,944 over March, 1943,
expenses increased $88,346 to total
of S1,071. .809, resulting in a net in
come of $211 ,029, decline of $27 1894
from last years figures, officials re-
ported yesterday.
For the first quarter of the cur
rent year the company reports net
income of $689 ,949, compared with
STAT, ,164, decrease of $57,215. The
report shows expenditures of ap-
proximately $95,000 in the three
months on construction of produc-
ton and distribution facilities in
Washington.
Total sales of gas in March
amounted to 2,117,519 M cubic feet,
compared with 2,060, asa M cubic feet
in the previous year. Gas sales to
customers in the District during
March were 1,668,079 M cubic feet,
compared with 1925, $40 M cubic feet
last year.
March Phone Income Lower.
Net income of the Chesapeake &
Potomac Telephone Co., before in
terest and dividends, totaled S251 ,260,
compared with $2S9,126 in March,
1943, the Public Utilities Commits
sion announced yesterday. Operat-
ing revenues were $2,176070, against
S2,127,242 a year ago, while operat-
ing expenses amounted to S1,547, 100,
compared with $1,485,716. Taxes
totaled s369,119, an increase of
S43,192 over March, 1943.
Net income before interest and
dividends, in the first quarter
totaled S748,652 against $805,76 a
year ago, decrease of $57, ,108. Both
operating revenues and operating
expenses disclosed increases. Taxes
were up sharply. $1,029,537 COM
pairing with $900,65 in the same 1943
period.
There were 365 5,435 telephones in
service at the end of March, an
increase of 536 over the previous
month. Telephone users made A.
$4,000 calls, a decrease of 379, 9,00C
from March, 1943
Association Is Years Old.
The Chevy Chase Building & Loan
Association celebrated its 18th an
niversary during the past week
having many distinguished guests at
dinner at the Kenwood Country
Club. The chief speakers were o
K. La Rogue, president Federal
Home Loan Bank of Winston
Salem; Oscar r. Kreutz, executive
vice president of the new National
Savings & Loan League, and Ed
ward H. Jones, first president OF
the building association.
Assets have grown from $4,000 tc
more than s1,00O,00O. Present Off
GERS are R. w. Eisinger, president;
F. E. Shoemaker, vice president; J
Horace Smithey, executive vice
president and secretary; William L
Orem, jr., treasurer.
DOoley Committee Chairman.
Rutherford j. Dooley, vice presi,
dent and cashier National Bank OF
Washington, has been named chair
man of the District Bankers Asso-
citation Hotel Committee for the
26th annual meeting, President A
Scott Offutt announced yesterday
w. Ledru Koontz, president Ana
costa Bank, is vice chairman. The
other members are:
Nelson B. O'Neal, vice president
Riggs National; James B. Skinner
vice president Liberty National
Edward L. Hillyer, vice presiden
Union Trust; F. P. Harman, jr
vice president Hamilton National
Julius E. Lob, vice president Seconc
Nat'Cnal; Fred Mckee. vice presi
cent Security Savings e. Com.
merc.a'.
Ellings0n Writes Manual.
Announcement has just beer
made of the publication of a new
t-ok which gives promise of being
q valuable addition to current say
ings and loan literature. 1t is titled
Manual of Office Administration
and has just been published by tn,
American Savings & Loan Publish
ing Co. of Cincinnati It's author i
Washington man, Carl H. Filing
son, executive vice president Firs
Federal Savings and Loan ASsocia
ton, who has built the manual, il
the main, around actual day-by Ida,
instructions to his Office staff.
The manual covers all phases O
the building business.
WorthingtOn Guest Speaker.
The District Life Underwriters
Association expects a record at
tendance Thursday noon at the Viii
lard when William P. Worthingtor
New York, will be the guest speake
for the second time. Three ney
directors also will be elected
Charles w. ODonnell, presiding.
Ten Years With Airline.