Evening star., 1936-09-21
D. c. INSURANCE
SALES SHOW LAG
August Total 5 Per Cent
Below 1855 Months
Figures Higher.
BY EDWARD C. STONE.

ported today. For the first eight
months, however, business was l per
cent above the policies written in the
like 1885 period.
Washington was under the national
average which was off l per cent in
August from last year. Virginia made
a fine showing, gain of IA per cent
over August, 1885, being reported.
West Virginia boosted business 10 per
cent over last year, while the Caro-
linas both reported gains of 9 per cent.
Maryland experienced drop of 3 per
cent.
August insurance sales in Washing
ton totaled $4,794 900. Maryland new
business amounted to S6,554,000. Vir-
cinia, s6,O86, ,00O West virginia, s4.-
OCT 900: North Carolina, S5,602 900,
and South Carolina, S2,852 900. August
sales in the whole Nation totaled s45l,-
$4,000.
Among leading cities Los Angeles
made the best record, with an 8 per
cent gain, followed by Chicago with
] per cent advance. New York came
third. Detroit noted the exact same
slump as Washington, while Cleveland,
Boston, Philadelphia and st. Louis
fell below the record made here. AS
rule, the Western section of the coun-
try made a better showing in August
than the East.
Convention Chairman Named.
First steps in arranging for the Ma
tional Safe Deposit Convention, to be
held in Washington next May 6. and
3. were announced today by Richard
z. Harris, American Security & Trust
Co.. who is general convention chair
man and has appointed the following
chairmen to serve on the various
committees:
Vice chairman-Earle M. Amick.
assistant vice president, Riggs Ma
tional Bank.
rtainment-Thomas E. Elgin.
assistant cashier. Georgia Avenue
Branch City Bank.
Flnance-John F. Hillyard, assistant
trust officer, National Bank Of Wash
ington.
Hotels-Harry P. White. assistant
treasurer. Northeast Branch American
Security g. Trust Co.
Information Albert E. Fisher,
Riggs National Bank.
Ladies Committee-Mrs. Helen r.
Sharpe. Bank of Commerce & Saw
tngs.
Program-Hans w. Ireland. as
sistant treasurer, American Security
e. Trust Co.
Publicity-Miss Eva Kicker, Farm
ers and Mechanics Branch, Riggs
National Bank.
Reeeption-Gerald E. Keene. as
sistant cashier, Second National Bank.
Observation-Disclosures r. Walden,
Hamilton National Bank.
TRANSPORTATION Perciyal Wilson,
secretary, National Savings g. Trust
Co.
d. c. Underwriters to Meet.
John E. O'Brien, chairman of the
Bulletin Committee of the District
Life Underwriters Association, an
nounced today that the first Fall
meeting will be held next Monday
noon at the Willard Hotel, with Grant
Taggert of wyoming as the guest
speaker. For % years he has been
an exceptionally large producer. He
wrote more than sl,000000 annually
for six years and will tell the Wash
ington agents how he did it. Laurence
H. Rigges, the new president, will be
In the chair.
Dollars and Sense" organ OF
Washington Chapter, American Insti-
tute of Banking. made its first Fall
appearance in the financial district
today. 1t is edited by A. E. Henze,
w. B. Hibbs g. Co., assisted by J.
George Dagenais. Riggs National, and
Kenneth Birgfeld, American Security
g. Trust Co.
The issue covers the activities of
the chapter most thoroughly, and
makes special reference to the recent
address to institute students by
Joseph A. Broderick, one of the COVER
nors of the Federal Reserve Board.
Paul J. Seltzer, chapter president,
covers chapter activities, and the ma
tional convention at Seattle has not
been forgotten. Much that is said
leads up to the institute class work,
which begins this evening.
Bankers Watching Convention.
Washington bankers had their eyes
turned toward the West Coast today,
where the national convention of the
American Bankers Association opened
in San Francisco. The Capital has
an able delegation present.
Great interest will center later in
the week in the election of a second
sdr nracidont fnllOuripU lively cOn-
test. Wilmer j. Waller, vice presi-
dent and cashier of the Hamilton
National Bank, is a member of the
Nominating Committee, as represen-
tative of the District Bankers AS
eociation.
Washington Market Strong.
Lincoln National Bank stock was
especially active at 205 on the Wash
ington Stock Exchange today. Nor
folk & Washington Steamboat stock
sold at 10l and other issues were
strong. It was one of the best ses-
sions in some time.
Albert Atwood of Washington,
economist and writer for the Satur-
day Evening Post, will be one of the
speakers at the national convention
of life underwriters in Boston this
week
United Business Service stresses the
continued Nationwide upswing in
building activity as of special i'm
portance in the present business situ-
alton today, adding that it will serve
rs a powerful sustaining force for
general business during the rest of
the year.
Resignation of John D. Ross as a
member of the Securities & Exchange
Commission is expected early in No
vember, according to the Wall Street
journal, as he is anxious to return to
Seattle where he developed the
municipal lighting system of that city.
Daily average sales of grocery chain
stores for August showed an increase