Evening star., 1951-04-10

National Bank and chairman of
the Auditors Section of the Dis
trict Bankers Association.
The conference will open Mon
day and last through Thursday at
Hotel Bradford.
Harbinger of spring: Forms were
received by Washington banks
this morning for a spring bank
call from the Controller Of the
Currency. Forms often come asl
much as two weeks in advance of
a call. leaving the question of the
actual date undetermined.
Gas Earnings Top 1850.
After excluding amounts de-
rived from the rate increase ef-
fective November Is, 1949, the
February report of Washington
Gas Light Co., filed today with
the Public Utilities Commission,
showed gross operating revenues
Of $2.587, ,233, compared with ST.
956,047 in the same 1850 month,
an increase of $631, ,186.
Operating expenses for the
month rose to $2,163. .140. a gain
Of $585,044 from a year earlier,
producing net operating revenues
Of $424,093, a gain of $40 from
February. 1850.
After adding incorporating in
come of $35,896 and providing for
interest charges and other income
deductions of $87, 1899, net income
for February was $372,090 VS..
$319,135 year earlier.
For two months this year, net
operating revenues were $833,161
VS.. $701, ,967 a year earlier. In
Guiding subsidiaries, consolidated
net operating revenues of $1,371,-
S51 compared with SLOT, 800 a
year earlier.
System sales of 3O,77O.06l
therms in February and 81 ,993. ITO
for the two months were 40 per
cent and At per cent, respectively,
above a year earlier. Sales to
District customers were up 26 per
cent in February and Up SO per
cent for the two months, at IT,
363.306 therms and 35,016,299, re-
spectively. Active meters in serv-
ice in the District totaled lit ,056
on February %, gain of 2,O67
from year earlier.
Benfer Wins Fleming Cup.
James T. Benfer, jr., trust Of
ficer OF the Lincoln National Bank.
won the Robert v. Fleming Cup
at the golf tournament for bank
officers at the annual spring meet
ing of the District Bankers As
ISOLATION yesterday.
Tied for second place in the
event, held at the Columbia Coun-
try Club, were Hubert T. Bisselle j.
senior vice president of the Riggs
National Bank and this years
president of the association, and
T. Stanley Holland, vice president
and trust officer of American Sc
curity & Trust Co. The flip of
a coin gave second place prize
to Mr.. Bisselle, leaving Mr.. Hol-
land the third-place prize.
Mr.. Fleming, president and
board chairman of the Riggs Ma
tional Bank, presented the trophy.
Mr.. Benfer also received a hand
some golf bag. Carl A. Steele
assistant cashier of Anacostia Ma
tional Bank, recorded the low
gross score of the tournament. !.
while Richard w. Miller, vice pres
ident Of Riggs, turned in the sec
ond low gross score.
Trade Board to Meet.
The Washington Board of Trade
will hold its sixth general mem
berShip meeting of the year to-
night at the Hotel Statler, starting
at 8 o'clock. Morgan Beatty, news
analyst Of the National Broadcast
ing Co., will speak on the interna-
tional situation.
William A. Banks, general man
ager of Radio Stations WINK of
Washington and WHAT, Phila-
delphia. has been elected vice
president Of the Associated Press
Radio Stations of Pennsylvania
and Delaware.
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