Evening star., 1953-06-26


the Art Stu Miss Hoge.
dents League of New York and
the American School of Design.
She has experience in both retail
and national advertising in New
York, Baltimore, Norfolk and
Washington.
She was art director for the
9th Army publications in Yoko-
hama, Japan, 1948-1949. She
comes to Hahn's from Raleigh
Haberdasher, where she was
layout and art director.
Prior to that, she was on the
layout staff of S. Kann Sons Co.
Purchasing Agents lnstoII
Earl E. Eisenhart of the In
ternational Monetary Fund has
been installed as president of
the Purchasing Agents ASsocia-
ton of Washington, D. c. Other
officers include: Vice president,
L. E. McCorquodale, Federal De-
posit Insurance Corp; treasurer,
William E. Fabrizio, Addresso-
graph -Muntigraph Corp: secre-
tary. Marjorie T. Britt, Federal
Supply Service; national di-
rector, Spencer Covey, Bowen
Co., and alternate national di-
rector. Earle E. johnson of the
American Security g. Trust Co.
The outgoing president, Frank
Chrisman of Griffith Consumers,
was installed as q member of
the board of directors. Other di-
rectors are: P. F. Whitaker, jr.,
of Melpar, Inc, and Mary Quien
OF the Department of Health.
Education and Welfare.
Tronsit Income Reported
Net income of the Capital
Transit Co. for May was $ll1,421,
compared with $127,118 for May,
1852. its officials reported to the
Public Utilities Commission.
The company said it's rate Of
return learned on the depreci-
ated original cost rate base fixed
by the Public Utilities Commits
Sion) for the year ended May 81
was only 4.76 per cent. For May,
operating revenues totaled $2,-
483, ,849, compared with $2,492,-
499 for May of last year, officials
reported.
Operating expenses, taxes and
depreciation amounted to 81
364.573, an increase of $3.50
over May, 1852, the company
said. Incorporating income was
$11, $50 and interest charges were
$19,005, compared with $11,854
and $22,512 respectively, officials
explained.
B. & O. Lists Income
Mays net income of the Balti-
more & Ohio Railroad Co. was
$3,OO8, ,230, an increase of $497,-
1877 over May, 1852. Railway
operating revenues were $40
8O4, ,473-an increase of $3,322,-
708 compared with May of last
year, officials said. But taxes
for May were $394,002 higher
than for the same month last
year, they pointed out.
officials declared for the first
five months of this year, railway
operating revenues increased
$3,673,659 compared with the
corresponding period in 1852.
Net income for the first five
months was $10,631,151 an in
crease of $922,833 compared
with the same period OF last
year.
P. H. Cummings. general man
ager of the Air Express Division
of the Railway Express Agency.
said air express shipments flown
in and out of Washington rose
1863 per cent during the first
two weeks of June compared
with the same period last year.
Gross revenue gained 6.5 per
cent during the same period.
c. G. Geurhurt Honored
C. Clark Gearhart, manager OF
the Washington branch OF the
New York Life Insurance Co..
was given a reception at the
Army and Navy Club wednesday
night by agents and other en-
ployes of his Office. Effective
July /, he will take over new
duties as superintendent OF agen-
cies for the Southeastern States.
He has been manager OF the
Washington Office since 1949. In
this period the local Office busi-
ness volume rose from 30th place
to third place in the company's
Nationwide field organization.
The paid business rose from SO
million in 1948 to $21 million
last year.