Evening star., 1951-05-15

Ilnanclal shape
ever, and the South it serves is
f1onrishing like the green bay tree
IN every direction" he said.
He reported that 142 new traf-
Reproducing plants were located
along the systems lines in the
last year.. lot additions were
made to existing plants, and So
new large distribution warehouses
were established, making a total
OF 2,871 in the last decade.
Reelected directors were Rob-
ert M. Hanes, of Winston-Salem
N. C., Leverett F. Hooper, of New
York, and Hugh Morrow, OF
Birmingham, Ala, and Knight
Woolley, of New York.
1920 Own A. T. g. T. Here.
American Telephone & Tele-
graph Co. today reported 12,26O
stockholders in the District owned
391,312 ofits shares in January.
The report was made in connec-
ton with reception for the com
pany's nlillionth Stockholder in
New York It marked the first
time in the Nations history that
a private corporation had achieved
such a democracy of ownership.
Representing the millionth
stockholder were MIR. and Mrs
Brady Denton of Saginaw, Mich.
joint owners of seven shares pur-
chased through their local bank
The Dentons and other owners
Of the Nation wide Bell Telephone
System live in 10000 cities, towns
and rural areas throughout the
country and hold an average OF
20 shares.
ID. c. Appraiser Wins Honor.
Lloyd B. Wilson, jr., assistant
vice president of the H. L. Rust
Co., has been approved as a senior
member of the Society of Resi-
dental Appraisers, 1t was an
nounced today. The international
society has more than 1000 mem
bers of which about 1,700 are
in the select senior classification
The honor for Mr.. Wilson recog-
nizes his experience, ability. knowl-
edge of current real estate condi-
tions and ethical standards. He
has been in the real estate busi-
ness here for is years and has
made appraisals for leading in
surance companies as we'll as pri-
vate clients. ..s...-
The District chapter of the
society, one of 81 in the Ma
ton, is headed by James D. Skin
ner, also member in the senior
classification.
Hecht Sales Above 1850.
Hecht Co. sales in three months
ended April 80 totaled $19,417,779
a gain OF 7.8 per cent from $18,.
O17,386 a year earlier, while sales
in So weeks ended the same date
reached $50. 1894 ,663, a rise of 4 pe,
cent from $83, ,389 ,625 in the pre-
ceding So weeks.
Members of the Washington
agency of the Massachusetts
Mutual Life Insurance Co held q
luncheon today at the Willard tc
celebrate the company's Tooth an
niversary. Leopold v. Freudbere
was toastmaster.
A. F. JorsS Iron Works Inc. has
moved its Office and plant to 30C
Tenth street south, Arlington. Va
from 1920 1880 Twenty-fourth
street NV. The company is head
ed by Karl F. JorsS, whose father
Amandus F.. JorsS, founded the
business in 1890.
Leader in Gas Industry.
Everett J. Boothby, nresiaen;
Of the Washington Gas Light Co.
was chairman OF iile :. 6,
on Promotion, Advertising anc
Research of the American Ga,
Association, which raised more
than $1,750,000 last year.
The Washington Sales Execu.
tive Club, in cooperation witt
the School of Business Studies
American University, will hold it,
all-day conference of sales man.
ayers at the university on Friday
Earl G.. Weber of Chicago wa.
elected president of the Nationa
Savings and Loan League at tn,
annual convention in Los Angelo
today.
The Traffic Club of Washington
will hold its last monthly meetin,
before the summer recess at tn,
National Press Club tomorrow
starting at $3.50 pm.
Harry g. Gobeil has been pro
NOTED to assistant traffic IN,
sales manager here for Easveil
Air Lines. He has been traffic an,
sales representative since Janu
arHs ls4s.