John M. Waters, 93, a retired official of the Chesapeake and Potomac Telephone Co. and former co-operator of Waters Travel Service here, died Thursday at the Wisconsin Avenue Nursing Home, where he had resided for a month. He had arteriosclerosis.

After retiring in 1953 from the telephone company, where he had worked for 50 years in business management, customer service and public relations, Mr. Waters joined his wife, Laura Lutes Waters, in the operation of the travel agency. She had founded the agency in the 1930s.

They sold the business in 1964, when they moved to St. Petersburg, Fla. Since then, they also had continued to maintain a home in Washington.

Mr. Waters was born in Washington. At the age of 16, he started work for the telphone company as a messenger. One of his jobs was to travel around the city by bicycle collecting money from the telephone coin boxes.

For many years, he was a soloist at the Washington Cathedral and at Saint Alban's and Saint John's Episcopal Churches. He was a former vice president of the Alexander Graham Bell Chapter of the Telephone Pioneers, a former president of the Lions Club here and a member of the D.C. Society of Oldest Inhabitants.

His first wife, the former Louise Birch, died in 1918.

He is survived by his wife of 55 years, the former Laura Lutes of Washington and St. Petersburg; a son, John M. III of Bethesda, three grandchildren and six great-grandchildren.