Evening star., 1945-10-28

lems He has done great deal OF
work for CT loans.
Realtors, builders, bank and In
surance men will swell attendance
at the election dinner when Donald
F. Hobart of the Saturday Evening
Post, will report on a Nationwide
housing survey.
Potomac Power Earnings Up.
Net income of the Potomac Elec-
trio Power Co. in September reached
5000 $40, an increase of S10,0I8, or
3.34 per cent, over September, 1914,
yesterdays report to the Public
Utilities Commission showed.
Operating revenues of S1,893, 400
were s36,178 higher in September
but operating revenue deductions of
81 ,480,957 were S99, ,026 more than
last year. The report reflects a
debit adjustment for repayments to
customers in case the PUG order for
lower rates is sustained by the court.
Potomac Powers net income in the
nine months totaled S2,899 ,299, a
gain of S62 ,532, or 2.20 per cent, so
far this year over 1914.
Fewer Passengers Carried.
Details from the September report
OF the Capital Transit Co. reveal
that the cars and buses carried 3d.
299, ,657 revenue passengers, compared
with SO, ,789 ,785 in the same month a
year ago, decrease of 1,490, 1923, OF
"A per cent.
Revenue passengers carried in the
nine months are well ahead of last
year, 314,775,397 comparing with
309 .379 ,697 a year ago, a substantial
increase of 1896, 100, or IL per cent.
September net income amounted
to S77,257, off $23 ,490, or % per cent
from last year, but net earnings of
81 ,037 ,557 in the nine months showed
gain of Sl3,351, or 1.3 per cent.
Taxes were up % per cent in the
longer period.
Acacia Reports New Record.
William Montgomery, president OF
the Acacia Mutual Life Insurance
Co., reported to the directors yes
terday that the company sold more
than S70,000,000 new life insurance
during the first nine months of this
year, largest volume ever sold in
any similar period.
The gains brought total business
IN force on September 80 to S631.-
600 600, while the company's assets,
which increased by more than S10,-
600 600 in the nine months, now
stand above s141 900 900.
Acacia has been the largest pur-
chaser of War Bonds in the National
Capital in all previous bond cam
palgns and j. Myron Robson of
the mortgage loan department, has
been appointed general chairman Of
the insurance division of the Victory
Loan drive opening tomorrow.
Capital Store Sales Jump.
Retail trade remains very active
IN the Capital, department store
sales In the week ended Saturday,
October 20, scoring a sharp gain Of
Is per cent over the corresponding
week year ago, the Richmond
Reserve Bank has announced. The
5th District rise was IA per cent.
Sales In Washington were off 9 per
cent from the preceding week.
Cumulative sales in the Capital
IN the four weeks ending October
20 were per cent ahead of the like
1914 period and were up the same
amount in the 5th District.
Friends Mourn Dwight Scott,
The sudden death of Dwight T.
Scott shocked friends in the finan-
clal district. Connected with the
Mutual Benefit Life Insurance Co
OF Newark, N. j., for Is years, he
had written policies on many promi-
nent Capital residents, having
$4,000, 900 insurance in force. He
was closely associated with H. Law
renee Choate and will be greatly
missed in the District Life Under
writers Association.
Oil Company Promotes Wagner.
Election of C. H. Wagner of Bal
timore, as vice president and general
manager of sales for the entire
marketing territory of the American
OIL Co., Lord Baltimore Filling Sta
tons, Inc, and Mexican Petroleum
Corp. has been announced by E. G.
McKeever, president.