Evening star., 1935-12-04
GAINS IMPRESSIVE
| IN FIFTH DISTRICT
Trade Advance in Last Six
Weeks Is Largest for
Several Years.
BY EDWARD C. STONE.


cities increased their loans slightly,
chiefly in commercial loans and added
to investments in Government securi-
ties.
Demand deposits rose materially be-
tween October and November 13,
but there was a slight drop in time
deposits.
Debts to individual, firm and cor
poration accounts made higher per-
centage increase over last year than
in any month this year since Feb
ruary.
Employment showed improvement in
nearly all lines of industry and trade,
especially in construction fields.
Coal production scored considerably
more than a seasonal increase and
was IL per cent above the like period
last year.
Textile Demand BrOadenS.
Demand for textile products broad
ened materially during october and
earlv November and cotton mill con-
sumption increased 1T per cent over
October, 1884.
Spot cotton prices rose steadily, the
review says, influenced by an increased
demand for textile products. better
export demand for raw cotton ana
decreased production prospects 1or
the 1885 cotton crop.
Tobacco markets sold large amounts
of tobacco for prices considered salts
factory in view of much larger ylelo
than in 1884.
Tobacco manufacturing was at near
record levels, production exceeolng
October. 1894. production in all lines.
Construction work undertaken IN
the fifth district showed oecioeo
increase, Building permits were up
al ner cent and contracts actually
awarded, 1876 PEI cent.
Fall weather was ideal for maturing
IRONS and for harvesting and 1889
yields we're higher in nearly every
case than was expected earlier IN the
season.
Larger Profits Anticipated.
Fifth districts two leading money
crops, cotton and tobacco, VIII proo-
ablv be more profitable than last year
as higher yields are expected TO onse'
lower prices.
Cattle raisers expect materially III
creased receipts and fruit growers
have had large crops OF gooo quallCy
for market, the Richmond Bank says
petsil trade was retarded in october
by exceptionally mild ana clear
weather, but was ahead OF the pre-
yio1ls wear, while wholesale trade IN
f7ve leading lines also made taVoraple
comparisons.
ing than in other lines, due 10 tne
.hil;tv Of business TO carry on actlVlVleS
E-itI7o,,t calling on the banks for mucn
help.
Time deposits in Al reporting mem
her banks and aggregate deposits IN
ii mutual savings banks totaleo $3.50
t63.714 at the end of October nlene,
figure than the $394,295,s ,s58 at the emo
of September this year, or $685.
os1 o5i at the end of october, 1884.
the report states.
Fischer Gives Success Rules.
Speaking of how to get rich during
1895 selling insurance, chester "
FISCHER, general agent OF the Massa-
chusetts Life Insurance Co. in ST.
J,ouis gave one of the best success
talks the District Underwriters AS
ISOLATION has heard in many montns
at the December meeting at the VIII
lard He stressed four chief points,
knowledge, faith, plans and action.
The four, he said, will accomplish
in other
Insurance leaders should be very
hannv over the business and economic
R,roeress made in this country during
the past two years. Insurance men
must know their business, have taltn
IN the companies they work Tor ana
In the business outlook, make deflnlte
plans for securing new business, and
then get into action.
He declared that agents should have
khree hard and fast rules-get to their
offices at a definite time in the morn
ang. always be on the street at
definite time in the forenoon and at
a certain time in the afternoon. MOST
underwriters know how to sell In
eurance, their success being largely
question of will power, he said.
The speaker was introduced by John
r. Cremen, at the request of President
j. E. McConbs. w. G. Batchelder,
chairman of the Membership Commit
tee, reported So new members recently
enrolled.
Trust Fund Official Here.
Slauson, White & Rowe, Washing
ton representatives of Independence
Fund, are holding dinner this eve
ming in the ball room of the National
Press Club in honor of Douglass Laird,
vice president of Independence Fund
Of North America, and Mrs. Laird,
Mr.. Laird will speak on "The indie
pendence Fund Declarations of Trust"
Geventy-f1ve guests are expected.
The seventeenth annual Midwinter
conference of the trust division, Amer
acan Bankers Association, will be held
at the Waldorf Astoria Hotel, New
York City, February IL, IL and 13, it
Is announced by M. P. Galloway, presi-
Guaranty Trust Co. of New York The
annual banquet will be held Thursday
evening, February 13.
On the Washington Stock Exchange
today, Lanston Monotype sold at 81,
n new 1885 high. American Security
& Trust Co. stock moved at 200.
Potomac Electric Power 51z per cent
preferred sold at 1131z and ia and
the per cent issue brought Ill. The
Mergenthaler bid jumped to Al, with
a. asked. Sold in Boston yesterday
et SO.
The United States Fidelity & Guar
anty Co., Of Baltimore, announces ap-
pointment of Lee H. Bowen as man
ager of the Washington Office, at
1415 K street. The president of the
company is E. Asbury Davis.
Subscriptions to the TreaSury's Of
fer for cash of $45c,o00,OO0 in 1912
year 2a4 per cent bonds totaled about