Evening star. [volume] (Washington, D.C.) 1854-1972, 1947-06-08
Peoples Drug Sales
|7.8 Per Cent Above
Year Ago in May
By Donald B. Hodley

III May tOLdlSu So,ooo,l Loo, Colikdl u
with s3,603, 472 a year ago. gain o
7.8 per cent, w. H. Churchill. com
pany treasurer, announced today.
In the first five months of thi
year sales amounted to 1880, 1928
compared with s16,9l7,712 in tn
same 1916 period, an increase of g.
per cent. The company operated
1874 stores in May, compared will
100 year ago..
d. C. Exchange Sales Gain.
Trading volume on the Washing
ton Stock Exchange increased u
1911 shares in May, compared will
3,110 In the previous month, ant
raised the total for the year to dat
to 1892 shares, the exchange re
ported.
Except for a March total of 3,51
shares, the May figure was the high
est for the year. Julius Garflncke
Al per cent preferred was the mos
active stock on the board with s.
shares traded. Next came Garflncke
common new with GIT changing
hands.
Share volumes Of other leader
follow: Capital Transit, 460 shares
Washington Gas Light common. BOT
Lanston Monotoype, 200; American
Security e. Trust Co.. ITO; Hech
Co. common. 100; Security Storage
1T; Potomac Electric 6 per cen
preferred, 113: Riggs National Ban
common, "a; Union Trust Co, new
80.
Three bank stocks placed amonl
the leaders after being neglecte,
i'm April. The exchanges bond turn
over in May amounted to $l0,500.
League To Go on Outing.
The annual outing of members o
the District of Columbia Building
and Loan League will be held Mon
day, June %, at the Prince George
Country Club, the leagues enter
tainment chairman. j. Hawle
Smith, announced last night.
Golf. swimming and other sport
will have an important place on tn
program. c. Gay Harrell, presiden
of the Columbia Federal. has beel
appointed golf chairman, and Cha
pin Bauman, president of the Orien
tai Building Association. will serv
as chairman of the prize committee
Other committee chairmen will b
announced this week.
Edward L. McAleer, vice presiden
of the league, will present award
and diplomas at the 18th annua
graduation and dinner dance o
Washington Chapter, American Say
ings g. Loan Institute, at the May
flower Hotel next Friday night.
Marc Reichle of Aberdeen, Wash
national president of the institute
will be the principal speaker. josef
Burke. jr., and T. w. Blumenauel
jr., are co-chairmen for the even
New Car Sales Lag.
The District of Columbia regis
tered titles for 2,533 new automobile
in May, moderate drop from 2,82
in the preceding month, but ia
above 1,480 year ago, the Traf
flc Bureau reported today
The figure remained we'll belo'
4,444 in the same month of prewa
1941. In the first five months Q
1947, new car titles totaled 1911
VS.. 3490 a year ago and 1905 il
the same 1941 period.
Title transfers, an indicator Q
used-car sales, totaled 1856 in Ma
VS.. 4,87l in the previous month
4,474 year ago and 1869 in MAY
1941. In the five months they totale
1886 vs. 22,644 a year ago an
34,137 in the same 1941 months.
Store Volumes Drop in Week.
Washington department stor
sales in the week ended May 3
dropped 10 per cent below the pre-
ceding week, but remained S pc
cent above a year ago, the Fed
eral Reserve Bank Of Richmond dis
closed.
Sales in four weeks ended tn
same date we're per cent above
year ago. The entire fifth distrio
made about the same showing wit
sales for the week IA per cent belo'
the preceding week, but per Ger
above year ago. Four weeks sale
were up per cent.
Department store stocks in tn
fifth district at the end of April WEI
per cent above a month earlier an
80 per cent above a year ago, tn
Federal Reserve Board reported. TIL
The national average was l per Ger
below month earlier, but 80 pr
rent ahove wear ap0