Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-20

Dut pei CcLlV
which was the
same as the av-
erage for the whole "A vI.,,,n.
United States. New l. ~ S'
Hampshire'S gain was IL per cent and
wyoming reported a loss in insurance
business Of AZ per cent.
Virginia reported an increase for
February Of IL per cent and West Vir-
ginta was close to the Old Dominion
state with gain Of II per cent. Mary:
land, however, reported q falling OF of
per cent. Georgia increased business
by Is per cent, South Carolina by IS
per cent, Alabama per cent, North
Carolina per cent and Florida PEI
cent.
In the first two months of 1880 the
country as whole revealed an increase
Of per cent. For the IL months end
ing on February %, the Sales Research
crease for the United States amounting
70 per cent.
I. A. Fleming Back From South.
I. A. Fleming, financial writer and
for many years financial editor Of The
Star, has returned to Washington after
Winter passed at the Hotel In
dialantic, Melbourne. Fla.
Mr. Fleming returns with a healthy
Southern tan which 1t takes several
weeks to pick UP and is in excellent
health. He reports a fine Winter,
although he has to admit that Florida
did not have as much warm and sunny
weather this year as Is usually pro-
vided for resort visitors. The same was
true all over the South.
Mr.. Fleming reports that the hotels
enjoyed fine season, although 1t was
perhaps a little late in getting under
way The hotels are still going strong
at most resorts, although the season
soon will be ended.
Bank Pushing Plans for Annex. /.
The American Security a. Trust Co.
Is pushing plans preparatory to the
building of the I0-story addition ad-
joining the present building at Fiji
tenth street and Pennsylvania avenue
northwest. Several departments are
being moved out Of the small build
ings, which are soon to be torn down,
rs the contract probably will be signed
within the next 10 days.
The public relations, credit, purchas-
ing personnel and auditing departments
are being transferred to the central
branch Of the company at Seventh street
and Massachusetts, avenue northwest.
The real estate department will, in q
few days, move to the Walker Building
on Fifteenth street, just north Of its
present location.
All Of the regllAr banking facilities
Of the institutional well as those Of its
the main ONCE of the company at
Fifteenth street and Pennsylvania ave-
nue. northwest, so that customers may
be served ct the same location as here
tofore ~ ~
THE mailing, bookkeeping, proof and
addreSsographing departments will be
located during the period Of improve
nent in temporary second balcony to
be erected in the main ONCE.
Ohrstrom Offices Opened Here.
q. L. Ohrstrom g. Co.. Inc, invest
naent bankers, announce the opening Of
their new Offices in the Shoreham Build
ing They are bankers for the Tri-
Utilities Corporation, a large utility
Federal Water Service Corporation,
Peoples Light & Power Corporation,
Southern Natural Gas Corporation,
American Natural Gas Corporation and
the Power, GAG g. Water Securities
Everard J. Carver, formerly OF the
Century Trust Co. of Baltimore and
with @. Z. Barrett d Co; OF New YORK.
Is manager Of the new once,
Associated with him Ia Vincent Baker
Smith, well known in washington as Q
former Western High School foot ball
star and who later was employed by
the Riggs National Bank. Mr.. Smith was
IA the Middle West for several years,
after which he went to New York. wnere
he was located in the financial district.
He was formerly with Hamoleton q Co.
Stock Exchange Trading Heavy.
sales in Carpet Corporation stock
made trading heavy on the Washington
stock Exchange today. This stock,
which has been particularly active on
the local board during the past few
DAYS, figured in IL sales OF 5O-share
blocks each, he whole $50 shares
changing hands at 23ss.
This was the largest trading that has
taken place In one issue on the ex-
change in many weeks. The stock closed
at a. bid and az asked. In other issues
sales were slow. Potomac Electric Power
8 DER cent preferred came out at III ~,
10 shares of Real Estate Title Insurance
90. moved at 1855, and 100 shares OF
Real Estate Mortgage d Guaranty
preferred changed hands at 2.
The days only bond transaction was
a $500 transfer in Washington Gas IS,
series B, at los.
Heard in Financial District.
At a meeting of the board Of directors
Of the Continental Trust Co, held yes
yeTQaY, LIE ICBulhI 4uNAtCAly ANN4ChN
Of IL per cent was declared, payable
March 81 to stockholders OF record
March rs.
Y. 2. Booker & Co. has issued COM
prehensive review of the present BUSH
ness situation, covering construction,
the stock market and recent industrial
earnings.
L. Pierce Riddle, personnel director
OF the American Security e. Trust Co.,
il attending the trust conference which
opened in New York today e. E.
Mountjoy, Washington representative
of the American Bankers Association,
IS attending the same meeting.
Waggaman, Brawner 81 Co. announce
q new wire connection with q New
York house closely connected with the
stock Exchange, the local company
now planning to handle listed stocks
and bonds on conservative margin.
Claude H. woodward and Howard
Moran are two other local bankers who
will attend sessions of the savings con.
ference in New York.
The board OF governors of the Wash
ington Bank Women's Club will meet
this evening ct the home Of the presi-
dent, Miss Mary Jane Winfree.
The regular monthly meeting Of the
club will be held at the Huguenot on
March as, when Mrs. Mary Mime
gerode will be the guest speaker.
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