Evening star., 1933-01-19

dent OF the Columbia National Bank,
are the other members of this commit
tee, their terms not expiring until next
year.
The usual annual reports we're pre-
sented and accepted. The local aSso-
citation and similar organizations all
over the country have been unusually
busy during the part year.
Cost Accountants Launch Chapter.
Washington Chaper of the National
Association of Cost Accountants. was
launched at a meeting at the Harring
ton Hotel last night when National
President H. A. Bulls installed these
officers:
A. B. Gunnarson, United States Cham
ber of Commerce, president; William H.
Churchill, Peoples Drug Stores, Inc, and
Edward C. Schroedel, International
Business Machines Corporation, vice
president; c. Milton Clark. Federal Re-
serve Board, secretary; Harry S. Meyer,
Ludington Air Lines, Inc, treasurer.
The local board of directors includes:
Meetings William L. Jones, Potomac
Electric Power Co.; Attendance, J. M.
Mcleod, Standard Engineering Co.;
Membership George D. Lane, Felt and
Tarrant Manufacturing Co.; Programs,
Harold E. Burton, Southern Diaries,
Inc; Publicity, w. M. Deviny. Catholic
University of America, and Publications,
Wroe F. Alderson United States De-
partment of Commerce.
The speakers were H. A. Bulls. A. B.
Gunnarson. newly y-elected president;
Wroe F.. Anderson and w. M. Deviny,
who discussed "Today's Opportunities
for the Accountant"
Mr.. Deviny traced some of the vital
changes in the theory and practice of
accounting; Mr.. Anderson elaborated on
the work of the market analyst; Mr..
Gunnarson sketched the efficiency and
betterments that industry and business
have received from the comparative of
accountants, and Mr.. Bulls stressed the
benefits of membership in both the local
and national organizations.
Mount Vernon Officers Elected.
Directors of Mount Vernon Savings
Bank reelected officers yesterday as
follows: Frank w. Lee, president; Rob-
ert T. Highfield. vice president and
cashier; A. o. Wharton, William H.
Johnston, E. C. Dawson, vice presi-
dents; Leo E. Madigan, controller; T.
Edwin Norris, A. Mistretta, assistant
cashiers; L. Harold Sothoron, attorney.
Stockholders of Home Plate Glass
Insurance Co. reelected all trustees at
their annual meeting yesterday. They
are Byron S. Adams, William H. Baden,
Charles R. Brown, George M. Emmer-
ich, Albert j. Gore, Charles E. Hood,
Albert W. Howard and William H. SOM
erville
At a meeting OF the Union Market
Business Association held at 1910 Fifth
street northeast, the following officers
were elected: Julius B. Gay, president:
M. j. Uline, first vice president; A. S.
Cudmore. cccond vice president; M. A.
Keane, treasurer, and w. E. Harrison,
secretary.
Today's Trading On Exchange.
Washington Gas Light IS, series A,
figured in two $1,000 sales and several
smaller transfers on the Washington
Stock Exchange, all priced at 10012.
These were the only bond transactions
of the session. In the stock division, Is
shares of Capital Traction changed
hands at IL.
Potomac Electric Power 5la per cent
preferred appeared on the board in two
small sales at lot.
In local banking circles today, con-
siderable satisfaction was expressed over
the probability that no action will be
taken by the Senate at this session on
the so-called Mapes bills. Local bankers
declare that national banks in Wash
ington are forced to pay higher taxes
than are any other banks in the fifth
Federal Reserve District and higher
than most banks elsewhere in the
country.
Bankers want an opportunity to ap-
pear before the Senate District Com
mittee and protest against these four
bills before any further action toward
their passage is taken. At the mid
Winter meeting of the District Bankers
Association, Monday evening. the chair
man of the committee on law and legiS-
lation, Francis G. Addison, jr., was in
structed to arrange for the appearance
of District of Columbia bankers at the
next hearings on these measures.
Heard in Financial District.
Word has been received by General
Agent Karl S. Hoffman THAT the an
nuity sales of the National Life In
surance Co., Montpelier, VT, showed
a big increase during the year 1882.
For the complete year the increase was
over 81 per cent in new premiums and
over "a per cent in lives. The local
agency showed even larger per cent
of increase.
Washington stood twelfth among IS
cities reporting the largest volume Of
building permits in December. New
York headed the list. Maryland stood
twelfth among the States in December.
This list was headed by California.
Building permit figures in 533 cities
and towns of the United States during
December. 1882. amounted to $26,218,-
996, according to official reports made
to S. w. Straus & Co. This figure rep
resents 2008 per cent decrease from
November, 1882, when the volume for
these cities was $32 2,338,936.- Permits
issued during December. 1882, fell 50.05
per cent below the same month of