Evening star., 1932-09-01

for the opening of @ M @
school in the new M $# %
rooms of the
chapter in the
Bond Building. HP. Cochran.
The new addi-
ton to the chapter faculty is an at
tcrrey. formerly with the Internal
Revenue Bureau, and more recently in
private practice here. Mr.. Cochran Is Al
years old and resides at oxford street,
Chew Chase. Md He attended Emory
and Henry College in Virginia, was in
the railroad construction business Tor
about 10 years in the West, ana In
British Columbia.
Mr.. Cochran's Career.
At the outbreak of the World War
he took service at Camp Meade IN
the accounting Offices of the construc-
tion forces and later was general Su-
perintendent of labor on the Baltimore
Ammunition Depot Construction. I'M
mediately after the war he Joined the
Bureau of Internal Revenue and was
shortly made chief of the special audit
section. which has since been merged
with other sections. 1t was the duty OF
that section at the time. to handle
the awkward and involved tax cases
involving reorganiZationS and merger.
the valuation of patents and other dtf-
ficult propositions.
While with the bureau. he lectured
on advanced income tax law and pro-
cedure to a class composed of bureaI
employees.
He later resigned from the Income
Tax Bureau to take charge of the tax
work for a large, private bank in New
York, and to be the treasurer OF the
~ NFilIhttru MaCc
From this he went into private prac-
tice.
Among the more important tax cases
that he has been associated with are
the Whittall Associates, the Grafton &
knight Manufacturing Co., a leather
betting company: the A. & M. Kara
gheusian Co., the United States Rub
Der Co., and the Brodie Duke estate.
He graduated from the National Uni
versity of this city, is member Of
the Metropolitan Club and the Chevy
Chase Club.
Installs Tabulating Equipment.
International Business Machines
Corporation, which has a plant here,
has just completed the installation of
electric tabulating and accounting
equipment at the Peiping Union Medi-
cal College at Peiping (Pekin), China,
it was announced today. The installa-
ton was made through the japanese
representatives of the company at
Toxic.
International Business Machines
Corporation equipment is also being
used in survey Of newspaper reader
interest and grocery trade consumer de-
mand in Cleveland, conducted by a
Cleveland newspaper and the Cleve-
land Parent-Teacher Association, it
was stated A total of 5,452 ques-
tionnaires, representing inventories Of
pantrieS and refrigerators in that many
homes, were turned in by school chill
dren. Thus far, 165 different sets of
data have been tabulated and there
are at least that many more different
tabulations available which will be
ta6ulated as required from the punched
cards on which the original informa-
tion is permanently recorded The
findings will eventually be published in
book form by the sponsor of the survey
Trading on ID. C. Exchange.
Trading on the Washington Stock
Exchange today again was confined
to the local utilities, with Washington
Gas, as usual, figuring in the activity.
Gas 4 12s sold at 9734, as compared to
prior sale of SO. Washington Railway
& Electric As went at 8334, up from
80 prior sale, and Potomac Electric
512 preferred stock turned over at 1903,
of a fraction.
The delegation of officials from local
building and loan associations has left
for the annual convention of the
United States Building and Loan
League at French Lick, Ind. Impor-
tant topics are to be discussed, espe-
cialy the new Home Loan Bank and
its provisions for assisting building
and loan associations and small home
owners.
The local delegation going to French
Lick included Carl j. Bergmann, treas
urer Of the Washington Permanent
Building Association and vice president
of the Building Association Council of
the District of Columbia; William S.
Quinter, president of the District Build
ing & Loan Association, who is secre-
tary of the local council; c. Clinton
James, attorney for the Columbia Per-
manent Building Association and chair
man Of the Federal Legislative Com
mittee of the National League. and E.
G. Baltz, secretary Of the Perpetual
Building Association and past president
OF the council here.
The National Coal Association, from
incomplete car loading reports from the
railroads, estimates bituminouS coal
production in the United States for the
week ended August 81 as about $780,
600 net tons, as compared to 1895, 600
tons for the corresponding week of
1881, and 9,169,0 tons for the CORE
spending week for 1880 The report of
the Bureau Of Mines shows production
of 4,675.000 tons for the week ended
August 13 and ASSOC for the week
ended August 20. 1882.
The market value of 100 representa-
tive common stocks increased S3134,-
$4,000 or SO per cent, in August, tt
S1l, ,166, ,94G,0 ,00G at the end of the month
according to Frazier Jelke & Co. The
100 issues now are appraised at 1905
per cent more than on June 80. Since
the end OF June the rails, motors, Steels
and electrical equipments have more
than doubled in price, while the amuse-
; mentS are up 1879 per cent and the
mines up 222 per cent.
On a percentage basis the largest In
crease during the month Of August was
a gain of 878 per cent in the mines
The steels were up 62.2 per cent: the
amusements, 6o.3 per cent; the rails
56.9 per cent; the utilities, AT per cent,
tn electrical equipments, 46.6 psr cent
the motors, AZ per cent; the industrials
BIS per cent; the chemicals, 1868 pei
cent; the railroad equipments, 335 PEI
cent foods. 242 per cent; the oils, 20.t
per cent, and retail shares, 12.1 PEE
cent.
The largest gain in dollars was $685.,
234, 1000 in the utilities. The rails wer,
up S504 10000: the oils, S375, 1868 900
the motors, $262, ,656,0 900, and the mines
S253. $4,000.
The increase of 34,2480 900 in Au
gust was larger than the gain Of ST.,
AGA, las, 900 in July; but on percentage