Evening star., 1946-04-28

business reached a new high OF
$25,219,0 900, while new business
amounted to $14,0S2 900 in March
alone. So far in 1916 the company
has added 100 new full-time field
representatives.
Mr.. Montgomery was reelected
director along with E. C. Graham,
Joseph H. Hines, Homer A. Holt,
Cloyd H. Marvin, John T. Meany,
Joseph H. Milans, S. E. Mooers,
John B. Nichols, L. P. Steuart and
Roger j. Whiteford. Other directors
of the company are: Harry Blake,
James E. Collifower, C. C. Combs,
Paul B. Cromelin, j. Harry Cum
ningham, Gen. Frank T. Hines,
Thomas E. FARRELL, Howard w. Kacy,
Arthur D. Marks, Marcy L. Sperry,
Frank j. Stryker and Lloyd B.
Wilson.
Officers Also Elected.
Officers elected for another year
were Howard w. Kacy, first vice
president; S. E. Mooers, field vice
president; Lloyd w. Crippen, vice
president and actuary; r. B. Mont
gomery and Donald F. Roberts, vice
presidents; j. B. Powers, secretary;
C. Bayne Marbury, treasurer; E. M.
Thore, general Counsel; c. B. Hurd,
associate general counsel; Ralph E.
Heitmuller, general controller; j. R.
B. Hutchinson, medical director;
John B. Nichols, advisory medical
director.
Appointed officers include Burton
M. Langhenry, Francis L. Kiep,
Todd D. Cochran, Charles P. Koch
er Otto Hammerlund, Mrs. Lillian
M. Suit, William B. Penn, A. B.
Amber, jr., William Simpson, G. w.
Thompson, DR.. C. M Beall, Mrs.
Katherine S. Carper, C. C. Mont
gomery, Edward Duhey, J. Myron
Robson, George Link, Fred Bryan,
j. Arthur Ford.
Pennsy's Net Earnings Drop.
Net railway operating income of
the Pennsylvania Railroad in March
showed a deficit of s8,562 SIG. Gross
revenues totaled $70,244,143 against
s88, Isl $50 in March, 1945.
Net. railway operating income in
the first quarter totaled $500 1926,
a decrease of s23,536. .2e3 from the
like 1945 period. Gross totaled $685.
093, ,525 VS.. S239, ,173,029 a year ago.
In the three months freight rev.
enues dropped s35,lS9,746 and pas
senger revenues were down S2,716,-
57S from the 1945 first quarter.
D. c. Store Sales Soar.
Department store sales in Wash
ington in the final week before
Easter were So per cent ahead of
the same week a year ago in the
postmaster season, the Richmond
Reserve Bank reported yesterday.
Sales in the fifth district were
up 81 per cent, in a group of cities
60 per cent and in Baltimore AZ
per cent. Sales in the Capital were
8 per cent ahead of the preceding
week this year..
In the four weeks ending April
20, cumulative sales here were SO
per cent ahead of the like 1945
period and up A per cent in the
fifth district.
Bank Stock Up Fractionaily.
The first 1916 sale in National
Bank of Washington stock was reg
istered on the Washington Ex-
change on Friday at 1854. a gain
of a over the final sale last year.
Washington Railway g. Electric
directors have declared the usual
SO quarterly dividend on the COM
mon stock, payable May 81 to stock
holders of record May Is.
Net income of the Baltimore g.
Ohio Railroad in the first three
months of 1916 showed a deficit of
s7,502,605 against an increase of
IS, ,157 ,367 in the like 1945 period.
making decrease of s12 2,659,972.
In the first quarter Southern
Railway earned $1.61 on common
against 1886 year ago.
North American Co. earned 80
(See STONE, Page B-9.)