Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-08-04
Joseph Adeski to Resign Pepco Plans
As Lonsburgh's Controller or Million
By WILLIAM A. MULLEN

Ralph L. Goldsmith. president.
Lansburgh's Department Store,
today announced the resigna-
ton In the near future of Joseph
L. Adeski. controller. His future
plans will be made public at a
later date. the president said
IN paying tribute to his faithful
service.
For the last II years, Mr..
Adeski has been associated with
Lansburgh's. He began as an
assistant manager of the ac-
counts payable Office in 1888. He
was named controller In 1862.
During World War II, he
served as an Army lieutenant.
Mr.. Adeski has been q member
Of the National Group Of Con-
troliers since 1947. He has held
various posts In that group. in
GLIDING the Craftsmanship 1854
IS.
For the last three years, he
has been q member Of the Con-
trollers' Congress Expense Saw
ings Panorama Gold Award Com
mittee. He was named chair
man Of the Controllers Con-
gresS Achievement Trophy
Award Committee for 1856.
csc Income Gains
July net income Of the Chesa-
peake b Ohio Railway totaled
$4.466, 900 or 56 cents a common
share contrasted with $2,389, 900
or 80 cents for the same month
last year. officials announced
today.
Net income for the seven
months Of 1855 reached $3l, $685.
900 Or 1926 q common share,
compared with $17,646,0O0 or
$2.2l per share for the similar
1854 period.
July gross revenues totaled
$50. 495, 900 against $23, 079. 900 in
1854. The seven-month gross
totaled $208, 969, 900 against
$l7l ,263 900 for the same period
last year.
Fairchild Earnings Dip
The Fairchild Engine and Air
plane Corp. Hagerstown, Md,
today announced earnings Of $2.l
million on sales of $78.9 million
for the six months ending June
80. This compared with $2.2
million and sos million in 1854,
r. s. Boutelle, president, said.
General Manager w. L. Land
ers announced the firm has been
awarded a new Air Force con-
tract for notifications on more
than 200 Clio flying boxcars.
New installations include emer-
gency escape chutes, an erner-
gency air brake system, ventral
fms on tail booms and new Aero
products CO propellors.
GEO Profits Gain
Net profits after taxes for the
first six months Of this year were
$122, 046, compared with Sos, 878
for the similar 1854 period, Pres
ident Leo Goodwin of the Gov
eminent Employees Corp. today
informed the stockholders. He
said the firm has enjoyed a sub
stantial increase in loan volume.
The company loaned $6,207, =
169 IN the first six months Of
this year to 4,041 borrowers,
against $4,735,13l and 1915 for
the similar 1854 period, the re-
port said.
45th Hot Shoppe
Hot Shoppes, Inc, has opened
its forty-fifth restaurant with
the Inauguration of the latest
one in Southeast at the cor
ner Of South Capitol street
and Southern avenue. officials
said today several others are
under construction. Within the
next six veeks the firm expects
TO open three new Hot Shoppes,
one on New York avenue and
Bladensburg road, NE, another
in Richmond, Va. and a third in
Albany, N. Y.
Record Revenues
Donald w. Nyrop, president.
Northwest Orient Airlines, today
announced record operating rev.
enues of So, 1865, OBI for the first
six months Of 1855. This COM
pared with $28,566,131 for the
1854 period.
For the year ended June 80,
net operating income, after taxes,
totaled $2,993, 102 against $685.
683 for the prior year,
Lawrence s. Martin, secretary
manager Of the National Asso-
citation Of Frozen Food Packers
here, yesterday was elected
senior vice president of the
American Trade Association
Executives at Mackinac Island,
Mich. He will take office
January /.
The American Viscose Corp,
Philadelphia. announced addi-
tional facilities are being in
stalled at the Front Royal (Va.)
and Parkersburg wv. Va.) plants.
They should be in operation the
end Of the year.
Allegheny Names Syitzer
Jack K. Svitzer has been
named director Of sales for Al
legheny Airlines. Harvey M.
Thompson will become director
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