Evening star., 1935-05-07

ten in the Capital .ygsgsSsss
in six-day Pc $$S&
riod. =::
Participating in NJ. q. R.tch.Ider
the observance Of
this national movement are more
than 400 accredited life underwriters
In Washington, divided into 20 teams
under the leadership of captains,
whose names will be announced at
m early date. Life Insurance week
was inaugurated several years ago by
life insurance salesmen in corrobora-
ton with their home offices for the
purpose of better acquainting the
public with the service offered.
Chairman Batchelder announces
that the slogan adopted throughout
the United States as the keynote for
Life Insurance week is 1.-THE sooner
you plan your future, the better your
future will bel"
Mr.. Batchelder has recently been
appointed general agent Of the Con-
necticut General Life Insurance Co.
in Washington and has taken offices
in the Woodward Building.
Junior Bankers Take Exams.
The Educational Committee and
officers Of Washington Chapter. A. I.
a.. are busily engaged in supervising
Anal examinations in the second
semester classes. Due to the tireleSS
efforts Of those in charge OF the edu-
cational activities, practically all stu
dents who originally enrolled have
T1r rI fokioo the f1nQl
tests.
On Monday evening 46 students
took the finals in the economies class.
Norman E. Towson, assistant treas
urer of the Washington Loan & Trust
Co.. is the instructor in this course.
At the same time 81 members of the
bank MANAGEMENT class, which is con-
Quoted by F. p. H. Siddons, secretary
of the American Security & Trust
Co., were demonstrating their mas
tery of the intricate technical prob
lens of this subject.
Tonight II members will take the
finals in trust business l, which Is
under the direction of Theodore B.
Cogswell, register of wills of the Dis
trict of Columbia. Coincidently, so
students will endeavor to qualify in
commercial law, taught by Bolitha j.
Laws, q member of the firm of Crome-
lin & Laws.
The class in public speaking has
graduated 13 members, which repre-
sents the original enrolment. The
success of this class is in no small
way due to the interest and ability
Of its instructor, Prof. Elmer Louis
Kayser of the George Washington
University.
Auto Data Reflects Recovery.
A 327 per cent increase in member
ship during the first four months Of
1885 as compared to the same period
Of 1884, and a gain of 48 per cent
during April over March of this year.
is reported on behalf of the Keystone
Automobile Club by George E. Keneipp,
manager.
In announcing the figures the Key
stone Club executive said he believes
this record provides an unusually
significant index of steadily improving
general economic conditions and that
1t furnishes a substantially accurate
indicator Of the trend of business
affairs in Washington.
The advance of 16.1 per cent in sales
of Peoples Drug Stores, Inc, in April
Is in line with the sales of other i'm
portant chain stores which operate
stores in this city. Woolworth was up
1871 per cent, S. S. Kresge, 1875 per
cent, and G. c. Murphy, Is per cent.
Peoples Drug sales were substantially
better than in March, which in turn
were IA per cent above March, 1884.
Peoples sales for the first four months
of 1885 were IL per cent above the |
record q year ago. That sales are
entering new high ground all over the
country are indicated by these reports
and other similar chain store figures.
Urge Bank Bill Changes.
M. A. Graettinger, executive vice |
president of the Illinois Bankers As
sociation, representing 5000 banks in
IA States; Carl w. Allendoerfer, Kan
sas City banker, and L. A. Andrew, |
former superintendent of banks in
Iowa, strongly opposed certain pro-
visions of the banking act of 1885 be- |
fore the Senate Subcommittee yester-
day. They were particularly anxious |
for q cut from one-eighth to one-six-
teenth of l per cent in the cost of
tnsuring bank deposits.
Extension of the time from June 16
for the payment by executive officers
Of loans in their own banks was also
asked. To meet this provision such |
officers will have to make severe sacri- |
fices, witnesses said. Many other |
bankers are expected to appear before |
the committee shortly, most of the |
coming opposition to be aimed at
Title II.
Gas Bonds at New High Mark.
Washington Gas IS, 1860, sold at
116A on the Washington Stock Ex-
change today, a new high mark for
the year, closing at 116 fiat. Capital
Traction SIS moved at 98. Potomac
Electric Power IS sold at 1861.
Capital Transit stock changed
ownership at 1914 and a small sale of
National Bank Of Washington stock
was recorded at los. Lanston Mono
type stock, which jumped 91a points
yesterday, selling at 60. was quiet to-
day, closing with SIS bid and none Of
fered.
M. w. Clement. new president of
the Pennsylvania Railroad, says that
electriflcation of the line between New
York and Washington on the basis of
the 1894 volume of traffic will reduce
operating expenses Of the road by ap-
proximately $7,240,000 q year.
Heard In Financial District.
The Life Advertisers Association,
made up of field representatives and
advertising departments of Southern
life insurance companies, has just
hello q round-table conference at Rich
mond. The Life Insurance Co. Of
Virginia and the Atlantic Life In
slirance Co. won special tonors for
advertising exhibits.
Members of the Brightwood Busi- |
mace ARoy1s@ Association, ara onYt0a1G |