Evening star., 1922-03-05
GASOLINE PRODUCTION SETS
A NEW HIGH RECORD IN 1921
Mark in Production
Passed for First Time-Local
Financial Situation.

| talked the matter over and / found
mat they wanted to know more about
! the why's and wherefores of the stock
| eAchahge and the way financial bust
| ness was carried on. suggested
Inat they go to see A. Wellington
Iaylor, dean of the Wall street
| prahch OF the New York University.
Dean Taylor was much interested
! IN them, but because they were not
! eilSlbIe for any of the courses at
| Ine university the New YORK Stock
I EXchange Institute was created for
| their benefit. Glasses are held four
days week after the closing of the
, market. Instruction is given in bus
! mess English. business mathematics
| and wall street tactics. All the
classes are sub-university and do not
| carry university credits.
Boys Useful to Business.
| Few people realize how important
boys are in the financial world" con-
1 tinued Mr.. Beck. They are Just as
essential as money itself Besides
| carrying securities from one broker
| age house to another. the boys act
as pages on the floor of the exchange.
! For instance. brokerage house re-
+, ceIves an order to sell 100 shares OF
certain stock. The message is tele-
phoned to the exchange. written on a
| SIP OF paper and given to one of the
| pages to deliver to the broker on the
iiooi. Inc page must knO" Where to
iind him quickly and perhaps carry
| back verbal message to be tele-
phoned to his office.
/ Advancement of an intelligent and
ambitious young page is often rapid.
! Brokers on the floor of the exchange
! quickly spot them and as soon as
| there is an opening take them into
/ their own Offices"
i Better times are at hand for the
whole of the United States. accord
I n So,
| dent of the Equitable Life Insurance.
I Company. in an address before the
| company's District of Columbia rep
resentatives, at SIG 14th street. yes
| terday.
! Mr.. Bennett was exceedingly opti-
mistic over conditions. He praised
| the work of the local organization,
| and stated that ii was his honest
| opinion that the present year would
prove one of the most favorable for
| life insurance in general that has
| been. experienced since before the
| war.
/ More than fifty local members OF
the company were present, the ocoa-
''go-getters" campaign. which starts
| in this vicinity Immediately.
Mr.. Bennets Address.
In his address, Mr.. Bennet said, in
part:
"In bringing improvements there 10
a part to be played by you and me-
and it is no insignificant one. We
| must get together and employ our
| time and abilities fully in discharg-
| ing the duties devolving upon us
| that the interests entrusted to US
| may advance. and in such manner
| as to leave no doubt at the end OF
i the years campaign as to whether
we have done our duty or not.
| ITO assist in this upbuilding there
is unlimited and unbounded capital
ready and waiting for the men and
institutions who will employ it in
the production of the vast commodi-
! ties needed by the world.
| LAS an evidence the government
| offered a few weeks ago S4o0.00o.oo0
| treasury certificates. for which the
bids reached the colossal total OF a.
| 250.000.000. Federal reserve banks
have a reserve of so per cent.
, ridiculously large and unneeded sur
plus. This money must find a place
in the marts of business, and tre-
| mendous effort will be made to put
| it to work. Therefore. ii is my firm
] belief that. beginning with spring and
I good weather. there will be a great
/ Improvement in business. which viii
| mean that the economic conditions
affecting you and me will be tremen-
dously relieved.
Gradually all kinds of business
will swing into line and great eff
| fort will be made to speed it up uu-
ed, which will mean that good times
are ahead of u.s."
| In addition TO Mr.. Bennet's speech.
ether talks were given by Local Supt.
NJ A. Skinner, Asst. Supts. w. G.
Davis, ]. B. Ely. T. B. Ely. T. r. Dodd,
George l.. Gibson and S. D. Tenny
son. as well as by few of the agents.
| The following were in attendance:
| William A. Bennet, vice president:
! NJ. A. Skinner. superintendent of the
local district; Gilbert a. Clark. actn-
ary: Asst. Supts. I. r. Dodd, W. 6.
| Davis. J. Il. Ely. George l. Gibson
and 6 D. Tennyson, and Agents :.
f. Harrison, ". E. Smith, c. An
drews, j. S. Fulks, J. A. Newton. 7.
". Hardness. G. Farson, +. w. Yates,
@. W. Chappelear. w. A. Burch. F. w.
Louk, r. B. Lyons, F. X. Price, l.. B.
| Cook. Eugene Robey. George Prem
( der. w. r. Morrison, Beverley Davis.
J. A. Garden. l.. p. Fullington. 7. ii.
| Howlin. T. B. Owens. H. D. Williams
]. l.. Taylor. w. Ii. White. c. 7.
Myers. C. F. Fowler and w. T. Gray.