Evening star., 1950-11-10

friends and business associates will
attend the dinner. including guests
from Baltimore and other cities
Mr.. and Mrs. Davidow and then
son. Harry M. Davidow, jr., reside
at $500 @ street NV.
Pepco Sales Well Above 1949.
Kilowatt-hour sales of Potomac
Electric Power Co. in October were
liza per cent above year earlier
and in 10 months of this year were
up Sc per cent, the company re-
ported today. In the District
alone sales were up 81 per cent
in october and 3.4 per cent in the
10 months.
For October company sales
reached 185,048,422 kilowatt-
hours, including 127, ,790,085 in the
District. For the 10 months COM
pany sales totaled 1.842. 2.339. $3.50
kilowatt-hours, including 1,278.-
984,096 in the District.
Gains in residential and domestic
use led the rise. Commercial and
industrial usage showed smaller
increases, while consumption by
railroads and railways was sub
stantially below year earlier.
Bank Dividend Voted.
Directors of the National Capt.
tai Bank have declared semi
annual dividend of so cents a
share Or per cent. and an extra
of 20 cents a share, or 2 per cent,
President George A. Didden, jr.,
announced today.
The dividend is payable Decem-
ber 20 to stockholders of record
December 18, and will be the 10th
consecutive payment by the bank.
1t will raise dividends paid this
year to $1.20 share, or II per
cent.
ID. C. Group to Be Guests.
Members of the Safe Deposit
Section of the District Bankers
Association will be guests of the
Maryland Safe Deposit Associa-
ton at a joint dinner at the Stat
ford Hotel in Baltimore next We'd
nesday evening.
An address by Richard L. Mid
dleton, past president Of the New
York Safe Deposit Association, will
be a highlight of an unusually in
teresting program. A large dele
CATION from Washington will at
tend.
Forest Products Men Here.
Trustees of American Forest
Products Industries, Inc, held
their annual meeting here today
at the Mayhower.
Executives of leading lumber
pulp and paper and plywood man.
ufacturers from all sections of the
United States attended. N. F
McGowin of the w. T. Smith Lum-
ber Co., Chapman, Ala, presided
Other officers of the forest indus
try group include Walter j
Damtoft. Champion Paper &
Fibre Co, Canton, N. c., and Clyde
s. Martin, Weyerhaeuser Timber
Co, vice presidents; P. H. Glat'
felter, P. H. Glatfelter Co., Spring
Grove. Pa. treasurer. and Charles
A. Gillett of Washington, secre-
tary and managing director.
Col. w. B. Greeley of Port Gam
BILE, Wash, is chairman OF the
Board of Trustees.
Confers at Home Office.
Walter B. Ford, district mana
gel of the Prudential Insurance
Co Office here, has just returned
from the Newark home Office
where as a member of specially
selected field advisory group" HI
conferred with top officials on dis.
trict Office operations Throughout
the country.
Louis Bender, an assistant dis
trict manager here of the JOIN
Hancock Mutual Life Insurance
Co., has just completed an inten
sive two-week course in advanced
underwriting and agency man
agement at the Hancock home of
flee in Boston.
Alan M. johnson, jr.. assistan
professor of accounting in tn
division of business studies
American University, has beel
elected to membership in tn
American Institute of Account
ants, national organization o
certified public accountants.
Porcelain Institute Gets Award.
The Porcelain Enamel institute
of Washington has been presentet
the 1850 merit award of tn
American Trade Association Exec
utives. The Institutes safe transi
program was cited.
Charles D. Gamer of the Pau
D. Sleeper general agency OF tn
Aetna Life Insurance Co. here, j
attending a special training
course at the home Office in Hart
rNr6 Tppn