Evening star., 1936-05-20

tOLlOIIOW.
While it is too early to forecast the
attendance, it Is now believed that
it will be larger than last year. If
last years mark is exceeded, the con-
clave will be the largest since the
beginning of the depression. 1t should
be around 200 members Of the Gen.
eral Committee believe.
All committee chairmen have been
notified of a meeting to be held to-
morrow. when the chairmen will re-
port on the status of the work of each
committee.
Chairman Offutt will make the
latest report on the number of men,
bers of the association expected at
White Sulphur, as well as the guests
who have accepted invitations. Final
information on the program is also
due from Chairman Francis G.
Addison, jr.
S. William Miller of the Union
Trust Co., who is attending to the
details of the work of General Chair
man Ord Preston, will take part IN
the committee meeting. His contact
with the various subcommittee chair
men has made him most enthusiastic
over the outlook.
The final call for the convention
was received in the morning mail to-
day, calling attention to the program
and business sessions, entertainment,
sports, and to the fact that all reserva-
tions should be in by tomorrow.
City Near Depression's End.
washington is rated as one of the
leading cities in the country nearest
out of the depression" by Brooke,
Smith & French. Detroit and New
York advertising agency. Richmond
Is also in the list, both cities being
considered not more than 10 per cent
below normal.
Washington was one of SO cities
that enjoyed business increase of 5
per cent during April, the survey says
During the month the Capital climbed
from II per cent below normal to z
per cent below. At the end of April
q year ago the city's business stood at
% per cent under normal, the report
says.
April witnessed the most noteworthy
rise of any month since the beginning
of the recovery period, with gain of
percentage points in the national
index, the advertising agency's report
states. Other months have recorded
higher gains in percentage figures, but
their improvement was from much
lower levels. April began with ma
tional business 81 per cent below nor
NAL; it ended only Is per cent below.
One year ago, the index was 20 per
cent below normal.
Improvement was widespread"
reads the report. "Of the lat trading
areas, 81 bettered their percentage
standings over March, of them ris-
ing above normal for the first time"
Capital Men on Program.
Two Washington men, Brien Nc
Mahon, Assistant United States At
torney General, and Chester H. Nc
Call. special assistant to Secretary
Roper of the Commerce Department,
will address the first convention ever
held by the National Federation of
Sales Executives, in st. Louis, May
29 and 80. Richard H. Walso of the
Mcclure Newspaper Syndicate is also
on the program. Relations between
the Government and business will be
q highlight and the association expects
to come out against war as against
the interests of business as well as the
interests of society"
The Washington Office of the Mutual
Benefit Life Insurance Co. of Newark,
N. j., will send six representatives to
the national convention at White Sui
phur Springs, the last three days of
this week, G. E. Harris, G. r. Howard,
F. F. Miller, F. D. Roach. C. NJ Schwab
and c. w. Walker They qualified
for the trip by volume of produc-
ton during the year. H. L. Choate,
general agent here. will also attend
and Mr.. Howard will take an active
part on the program.
Bond Outing Record Seen.
James H. Lemon, president of the
Washington Bond Club, reported to-
day that there will be 1876 members
and guests at the annual outing Fri
day afternoon and evening at the
Burning Tree Country Club. This will
be the largest turnout in the history of
the club. About los members have
signifed their intention of attending
the festivities and they are taking an
exceptionally large number of guests.
Clifford Folger, general chairman
Is the busiest man in the financial
district today. Earle Amick is in
charge of the golf, Chet Allies, the
banquet; Monk Ellis, horseshoe pitch
ing; Donald McKnew. prizes; Frank
Perley, putting contests; Harvey Gram,
stock exchange; Clark Brown, trans
fer agent.
Enough business will be combined
with the outing to elect officers for the
coming year.
Spaid Heads Exchanges Again.
w. w. Spaid, partner in w. B.
Hibbs & Co., was reelected president
of the Associated Stock Exchanges at
the closing session In Cleveland yes
terday. Eugene E. Thompson also of
Washington, was again elected execu-
tive vice president.
Capital Transit stock opened trad
ing on the Washington Stock Ex-
change today with five 10-share sales,
all at 1924. Norfolk & Washington
Steamboat stock registered a small
sale at SO.
Capital Traction SIS sold at 8934,
while Washington Gas IS moved at
11oA. The final bond sale was 81 900
transfer in Washington Railway &
Electric Is at LOT.
Y. e. Booker, president of the Ex-
change. has returned from White Sui
phur Springs where he attended the
Spring meeting of the Board of Gov
ernors of the Investment Bankers
Association.
The new Chesapeake & Ohio 31ss
now are selling nearly a point and
half above their original offering