Evening star., 1951-02-05
D. {. Exchange Sales
For January Show
Gain From Year Ago
By Donald B. HodIey

GTaQeu III JaIludTy, lSOU, exchange
officials disclosed today.
Potomac Electric Power Co.
common led activity with sales of
1873 shares and showed a gain
Of ss Of point for the month at
a close of 1888. Virginia Electric
& Power Co. common was second
with a turnover of 1910 shares
and gain of 13s at 81
Garf1nckel g. Co. Az per cent
preferred was third with 1887
shares and a gain of 2 points.
Washington Gas Light common
was next with 1919 shares and
an advance of "a of a point.
Other volumes and price changes
for the month:
Hecht Co. common, 610 shares,
up ~; Southern Co. common
562 shares, up "a; Garfinckel COM
mon, $50 shares, up 3A; Pepco
3.6 per cent preferred A, 4OO
shares. down Y; Woodward &
Lothrop common, 355 shares
up /.
Only 26 shares of Capital Trans.
1t were traded on the exchange
during January, although tradins
in this stock on the New Yorl
Curb Exchange has been runnins
from 500 to 5000 share a week
Gasoline Use Sets Record.
Consumption of gasoline in thu
District during December set ar
all-time record of 17,065,114 gal.
Ions, District tax invoices revealed
today.
1t was the highest total for any
month in history here. compared
with 16.165, ,199 gallons in the pre-
vious month and was per cent
above 16,401, ,539 in the same 194e
month.
Consumption for all of 1850
also set record of 194, SAB ,402
gallons, a rise of 78 per cent from
180,553.641 gallons consumed here
in 1949. 1t also was 6.8 per cent
above consumption in prewar 1941
when the previous annual record
was set.
Heads Washington Office.
Avery McBee, vice president, has
assumed charge of the Washing
ton Office of Hill g. Knowlton, pub
lie relations firm, President John
W. Hill announced today.
Mr.. McBee succeeds Bert c
Goss. who has been vice president
in charge of the Washington of.
flee since 1914, and now Is return.
ing to the New York Office of the
firm.
He formerly was director of pub.
lie relations for Glenn L. Martir
Co.. Baltimore. and has served or
the staff of the Baltimore Sur
papers and the Washington Times.
Herald. Mr.. Goss lives In Silver
Spring and is a member Of the
National Press Club and the Manor
Country Club.
Actuaries Coming to ID. C.
Valentine Howell. president OF
the Society of Actuaries and vice
president and actuary Of Pruden-
tial Insurance Co. will be guest OF
honor at the regular winter meet
ing of the Middle Atlantic Actu-
arial Club in the board room OF
the Acacia Mutual Life Insurance
Co. here Friday, February Is.
Thomas P. BoWles, jr., oi
Bowles, Andrews & Towne, presi.
dent of the club, will preside
Topics of discussion will be "The
Society of Actuaries" led by Mr.
Howell: War Clauses" led b,
Lloyd K. Crippen. vice president
and actuary for Acacia, and I'm
surance Mortality" led by Arthur
B. Amber, assistant actuary ot
Acacia. A dinner at the Carlyle
Hotel will conclude the session.
The 32d annual convention o.
the Association General Con-
tractors of America will be hele
February % to March l at Bos-
ton. Current construction condi.
tions and a review of the asso.
cations activities during the las
year will be presented by Presi.
dent Walter l.. Couse of Detroit
and H. E. Foreman of Washing.
ton, managing director of tht
association.
Represents Kaiser Steel.
N. H. Balaam, Northern Cali
fornia district sales manager O.
Kaiser Steel Corp, has beer
transferred here to manage the
company's new offices. Tempo
rary quarters in the Ring Build
ing will be vacated around March
l and permanent Offices estab'
lished in the Cafritz Building.
George L. Naramore, who lee
the Washington Office of the Mu.
tual Benefit Life Insurance Co. Of
Newark in the number of policie:
and volume sold last year, has
qualified again for the Nationa
Quality Award and for the Leader:
Club of Washington, c. Carney
Smith. general agent for the CON-
pany here, reported.
Lawyers Title Insurance Corp
Of Richmond, which has branch
office here, has qualified in Nevada
and Utah, thus raising the num-
ber of States in which 1t insures
titles to 80.
Mortgage Conference Planned
Effects of the world crisis or
housing, investments, economic!
and other aspects of the savings
and mortgage business will be dis.
cussed by speakers at the annua
savings and mortgage conference
of the American Bankers Associa.
tion in New York March S and 6
The meeting will be sponsored
by the savings and mortgage di
vision of the ABA, of which Will
liam A. Reckman of Cincinnati i!
president. In addition to banking
leaders, speakers will include Viii.
liam H. Scheick, executive director
of the Building Research Advisory
Nof;o,,o1 Doroo Cn,1,ooi1