Evening star., 1951-03-09

valuable addition to our staff, !"
Mr. Painter said.
Mr.. Gillian has just resigned
from the commission, where he
was employed for a year, first in
the publicity department. His
place there has been taken by
an associate, Miss Barbara Kelley.
A native of Yonkers, N. Y, Mr..
Gillian was in newspaper work
there. He was educated in the
public schools of that city and
at Columbia University where he
majored in journalism. He was
employed for IL years by the New
York Central and was in it's ad-
vertising department for five
years.
Promoted by Smiths.
Marshall j. Summerlin has been
promoted to controller of Smiths
Transfer & Storage Co., President
Arthur Clarendon Smith, ST., an
nounced today. Mr.. Summerlin
was assistant controller.
Joseph Flynn, formerly pay
master, has been named assistant
controller and Thomas j. Leonard,
jr., has been appointed paymaster.
j. II, Coyle has become manager
of the cold storage department.
Mr.. Smith also announced that
company business set new records
in the first two months of this
year. The long-distance depart
ment had a 80 per cent increase
from the same 1850 period, while
local moving was up SO per cent
and storage 10 per cent ahead of
year earlier. The gains were
outlined at the monthly board
meeting.
Area Sales Up Sharply.
January sales of some 400 in
dependent retailers in the Wash
ington Metropolitan Area were
25 per cent above the same 1850
month, although down II per
cent from high December marks,
the Census Bureau reported to-
day.
Various retailing groups showed
the following January percentage
gains from year earlier: Food,
6; eating and drinking places, s.;
apparel, 19; furniture household
radio, "a; lumber building hard
ware, 30; motor vehicle dealers,
%; gasoline service stations. IL;
fuel dealers, At; drug stores, T.
Sales in Washington only also
were Is per cent above a year
earlier and 13 per cent below the
previous month. Percentage gains
in the various groups: Food, 6;
eating and drinking places, S.;
apparel, 20; furniture household
radio, 35; lumber building hard
ware, 80; motor vehicle dealers.
81; gasoline service stations, IL;
fuel dealers, 48; drug stores, 3.
Air express shipments in and out
of Washington totaled 12.484 in
the first three weeks of February
a gain of 1875 per cent from the
like 1850 period, the Railway Ex-
press Agency reported.
vepco Issue Well Received.
A $40 million issue of Virginia
Electric & Power Co. $4.20 divi-
dend. $100 par preferred stock was
well received today. A spokesman
for Stone & Webster Securities
Corp, which headed the syndicate
marketing the issue at $102.50 a
share, said the stock was going
very good and probably would be
sold out during the day.
Earnings Of ATT member banks
if the Fifth Federal Reserve Dis
trict totaled $154, 1902 900 in 1850
a new record and a gain of 81
per cent from the previous year
the Federal Reserve Bank of Rich
mond disclosed. Net current earn
ings before income taxes exceeded
1949 marks by 1875 per cent and
net profits after taxes were up 12.e
per cent. Net current earnings ir
the district were 143 per cent o1
total capital accounts VS.. a ma.
tional figure for all reserve mem.
Der banks of 1871 per cent.
Assets of national banks on De.
cember 80 exceeded $97 billion
an all-time high, Preston Delano
controller of the currency, an.
nounced. The total was SIS bill.
lion above October 4, 1850, ane
81 billion above the end of 1949
The law firm of Minor, Gatley
& Drury has changed it's name tt
Drury. Lynham g. Powell. OF.
fees are in the Colorado Build.
ing.
Paul L. Mather has joined thu
John Lister McElfresh Agency o.
the Connecticut Mutual Life In.
surance Co. here. He Is a grad.
uate of American University ane
has been with Central Intelligence