Evening star., 1945-07-24
{. &P. Telephone Co.
Reports Increases ir
Stations and Calls
BY EDWARD C.'sTONE.

by EDWAhD ". SloNG.
Both average daily calls and tn
number Of telephones in service il
June in the Capital disclosed in
creases over June of last year, Off
cials of the Chesapeake g. Potoma
Telephone Co. reported today.
Average daily calls numbered i,
620,422, compared with 1887 ,584 II
June of last year, and the highes
figure for any month on record.
The number of stations in us'
reach 367,864, in comparison will
365,066 in June, 1914, a modest in
crease of 2,798 phones.
Real Estate Bonds Higher.
National Press Building Adj
Inc. AVS, 1850, gained lA point.
in June, ending the month with 74K
bid, according to the Amott-Bakel
monthly review which covers 20(
Eastern seaboard bond issues. Ma.
tional Press first 3-5s, selling around
l0012, we're unchanged.
Washington Properties general in
come rs were strong, selling at l00A
and gaining a full point. The review
also includes Mayflower Hotel Co
stock, which ended June at 8, up B
Maury Middleton to Retire.
After As years of railroad service,
Maury Middleton, treasurer of the
Southern Railway System at Wash
lngton, will retire on August l and
will be succeeded by A. E. Tate OF
Washington, now assistant treas
urer, according to announcement
today by Ernest E. Norris, president
: j. B. Early, an assistant treasurer
will succeed Mr.. Tate. M G. Chew
cashier, will be promoted to assist
ant treasurer; R. H. Smith, execu-
tive assistant, will be promoted TO
cashier to succeed Mr.. Chew.
Bethesda Stock Changes Hands.
The first sale this year in Bank
of Bethesda took place on the
Washington Stock Exchange yes
terday when "a shares changed
hands at 381s. The stock closed 1914
at 40. The stock pays a regular
dividend, has been listed for years
but is not active.
United Air Lines is prepared to
spend approximately $50,000,000 for
expansion and Improvements as
soon as wartime conditions permit.
President w. A. Patterson said to-
day. United has already ordered
so four -engined Douglas planes to
cost S25 100000 and expects to spend
about $7,500,000 more to supplement
the present feet, another $10,000,000
for development and $10000,000 on
buildings and grounds. The COM
pany has $20,o00,O00 cash on hand
to apply to these expenditures.
Bank WOmen's Club to Meet.
The Bank Women's Club of Wash
ington will meet tomorrow night
with Mrs. L. B. Burdette, 1902 Piney
Branch road, Takoma Park. Wilson
Gill will show two motion pictures
sponsored by the Westinghouse Co.
presenting the history of radio
broadcasting from the crystal set to
the latest broadcast by John Charles
Thomas. John Nesbitt will be the
commentator. Miss Rose Royce, club
president. will preside.
Election was announced today OF
three veteran United Air Lines OFF,
Gals to posts as vice presidents, H,
z. Nourse, D. F. Magarrell and r. F,
AhrenS.
National Savings & Trust, now
1uoted at 230 ex-dividend on the
Washington Stock Exchange, yields
$50 per cent.
H. T. Bisselle, vice president of
the Riggs National Bank, and J. R.
Mcmillan are on vacations.
Kenneth Birgfeld, American Sc
curity g. Trust Co., has returned
from a two weeks vacation at Vir-
2inia Beach.