Evening star., 1950-10-04
Increase in Business,
Higher Fares Boost
Telephone Earnings
M Donald B. HodIey

SSbStS tb90ICI
AS IA result of increased busi-
ness and higher rates effective last
Mach. net income of the Chesa-
peake & Potomac Telephone Co.
in August was 80.8 per cent above
a year earlier and earnings for the
first eight months of this year
were up 47.4 per cent.
August net of 1899 ,688 compared
with $220,999 in August, l949,
while the eight months net was
So, A1.178 compared with $2,314,-
077s in the same 1949 period.
At the end of August, there were
477,206 telephones in service here,
gain of 19.177 from a year
earlier. Calls in August totaled
59,546. .249 VS.. 56,o91, 1877 in August,
1949.
Operating Revenues Rise.
Operating revenues for August
rose to $3,406,317 against $2,911,-
436s a year ago, while operating
expenses declined to $2.421.74 VS..
81 432 ,289. Operating taxes jumped
to $589.764 from $263,935.
For the eight months, operat-
ing revenues climbed to $25,681, =
921 from $23,508,809 in the same
1949 period. Operating expenses
of $18.789,242 were slightly above
$18,785 .043. while operating taxes
jumped to $3,503. 1872 from $2,446,-
Ali.
August net income, was $50, ,290
below the previous month. Oper-
ating expenses in the month were
sharply above $3,265, ,534 in the
preceding month.
Institute Adds Two Courses.
Two new study courses were
started this week by the Washing
ton chapter, American Savings
and Loan Institute. The oreani-
cation, which is the educational
branch of the United States Saw
ings and Loan League. is having
its most successful year.
William E. Poulton of the Co.
lumbia Federal Savings Associa-
tion is instructor in a course in
savings and loan principals and
Stephen Slipher of the Washing
ton Office Of the United States
League is leader of a course in
economies.
Plan Auto Dealers Week.
The Washington Automotive
Trade Association announced the
appointment of w. Preston Will
liams of Williams & Baker, Inc,
as chairman of committee to
arrange the Washington program
for National Automobile Dealer
Week October 1928.
49, Other committee members are Jack j.
BLANK. joseph w. Buell. Bqell, R T covington.
Iemp c. T. Lindsay. Charles Z. Mason.
Bernard I. Mills, James w. Orme, jr.,
!. A. Peake, Edwin L. Stohlman. fr.. W. r.
stu5bs. W. D. Thomas and c. F. Wheat
ley.
Employees of Sun Oil Co. filling
stations in this area will step un-
usually lively in the week of Oc-
tober 1921. because the COM
parly has designated that period
as oil Progress Week and will
give prizes to the four area filling
stations with the most courteous
employees, the cleanest rest rooms
and most attractive advertising.
Association Opens Office.
The National Electronic Distrib-
utors Association today announced
the establishment of a Washing
ton Office at 1910 Vermont ave.
NV.
j Gerald Mayer of the WASH
ington law firm of Mayer, Rigpy
& Seeley, has been appointed gen.
eral counsel of the association and
Louis B. Calamaras, executive
secretary of the association, will
divide his time between the Chi
cago and Washington Offices.
Mr.. Mayer is a former Western
Electric Co. engineer and Was
wartime chief of the Signal Corps
contract settlement organization.
Z Statler Promotes Three.
Rodney Harman has been
named assistant manager of the
Hotel Statler. He succeeds Peter
Zacharay, who resigned to become
manager of the Des Moines Golf
and Country Club. Mr.. Harman
has been night manager. James
Rankin becomes night manager
and Albert Faraci is the new
superintendent of service.
Potomac Electric Power Co. has
appointed James w. Thomas plant
engineer in charge of the Buz-
gard Point plant. Joseph L. Bow
sher was named assistant plant
engineer.
Colonial Airlines announced the
appointment of William v. Nc
Taggart as regional sales manager
In charge of the Washington
sales Office.
Miss Bea Lawson Miller, we'll
known here as one of only Is
women to attain the rank of full
commander in World War II, has
been named service director of
Servel, Inc, at Evansville, Ind.
The Rubber Manufacturers AS
sociation has moved its Washing
ton Office from the Ring Build
ing to Suite 210 of the Marsh
Building at 1882 M street NV.
Summer schedules of the New
York Stock Exchange and Wash
ington Stock Exchange end this
week when trading will be re-
sumed on Saturday.