Evening star., 1950-04-04
D. {. Postal Receipts
SET New Records for
March and Quarter
Ry Edword c. Stone

Receipts at the City Post Office
In March and in the first quarter
of 1850 were the highest on record
for those periods. Roy M. North,
postmaster, announced today.
March revenues totaled 1924
562, in comparison with $1,776.410
in March a year ago, an increase
of $48,150, or 271 per cent. Mr..
North stated.
Revenues in the first three
months of this year amounted to
s4.814,926. as compared with
$4,752,249 in the opening quarter
of 1949, an increase of $62,675, or
1.31 per cent.
With the exception of Decem-
ber, which is always an abnormal
month on account of Christmas
trade, March receipts were the
highest for any month on record.
Today's report closely follows
the statement on bank clearings,
which also revealed new high
marks for March and the first
quarter.
Insurance Directors Named.
Charles M. Boteler, president OF
the Mutual Fire Insurance Co. Of
the District of Columbia, reported
at the annual meeting yesterday
assets of $383,418 and surplus of
$338,135. 1t was the 95th annual
meeting.
Edgar Morris, president of the
Edgar Morris Sales Co.; Pierce
Boteler. former president of the
insurance company, and w. H. A..
Church, lumber dealer, were re-
elected directors.
Other directors are Charles M
Boteler, Robert E. Buckley. Oliver
T. Carr and William C. Noel
Officers will be elected on April
IT. Congratulations were extend
ed to Pierce Boteler. who attended
his 55th consecutive annual meet
ing of the company.
Insurance Offices Expand.
The Standard of Detroit group
Of insurance companies have ex-
panded their Washington Offices
in the Woodward Building and
enlarged the territory to include
the Virginias and most of Mary
land. The Richmond Office will
now be a branch of the Washing
ton Office.
Howard Eales, manager in
Washington for IA years, will be in
charge of the enlarged quarters,
with Mark G. Bowen as assistant
manager William L. Brown, ir.,
will be in charge of the claim de-
partment: E. w. Townsend, pay
roll auditor: George j. Dimling,
safety engineer; H. F. Ball, prop
erty underwater. and M. H. Du
Bois. bond underwater.
Air Traffic Sets Record.
March was the best month in
the history of National Airlines,
President G. T. Baker reported
today. The number of passengers
carried out of Washington showed
an increase over March of last
year of 100 per cent and the in
crease in air freight was even
larger. the report said. The num-
Der of passengers brought into
Washington nearly doubled.
The company plans to purchase
two additional DC-6 planes, max
ing four on order, Mr.. Baker said.
Radio Business Increases.
A 28.5 per cent increase in the
business of Radio Station WWDC
during March over the same
month last year was reported to-
day. The boost reflected the first
full month of operation under the
increased power.
James N. Davis, formerly a
senior research engineer for the
Physics Laboratories of Sylvania
Electric Products Inc. Bayside,
N. Y, has been appointed techni-
cal representative for the Com
pany at Washington.
Appointment of the Fred S.
Gichner Iron Works, Inc, as dis
tribuCor in the Washington area
for its van-type motor truck
bodies was announced today by
the Fruehauf Trailer Company'S
Body Division, Detroit, Mich.
The New York Stock Exchange
has just published the third edi-
tion of Investment Facts About
Common Stocks and Cash Divi-
dends." 1t is intended TO picture
the attractions and risks of stock
ownership.
From January to March Is,
department store sales in the
Fifth Federal Reserve District
were 4 per cent under the like
period a year ago. The national
figure was off 3 per cent.