Evening star., 1937-07-19

of the late Sidney T. Thomas, who
was many years district attorney and
a widely-knoWn practicing lawyer.
The son studied law in the George
town Law School, made fine record
in the Air Service during the World
War and was at one time vice
president of Gillet g. Co. He was a
charter member Of the Bond Club
and was secretary and treasurer and
vice president before being president.
He has served as a director in the
District Title Insurance Co. and is a
member of the Chevy Chase Club.
Business Sentiment Improves.
Business sentiment has shown
marked improvement during the lasv
two weeks, says the United Business
Service in its current report. The
service states that this can be attrib-
uted to the more encouraging imme-
date labor outlook, rising security and
commodity markets, we'll sustained re-
tail sales volumes and prospects of
the largest farm income N eight years.
This better feeling on the part OF
business men in general will tend to
moderate the further letdown in ac-
tivity indica ted during the remainder
Of July and in August.
Investors Syndicate has Just cele-
brated its forty-third birthday with
the announcement that its resources
have passed the sl00,000,000 mark.
Through depressions, panics and
booms since it was chartered July 10,
1894, the company has experienced a
steady and consistent growth, as re-
fected by the figures released by the
company.
Washington representatives of the
company, which has headquarters in
Minneapolis. reported today that pay
ments made by contract holders on
their investment contracts and certifi-
Gates for the first six months of 1887
totaled S13,715,542, gain OF IS per
cent over the corresponding period of
1886.
B. g. o, Earns Is Cents a Share.
The Baltimore g. Ohio Railroad re-
ports for the five months ended May
81. 1887, net income equal to 18 cents
a share on the 588,632 shares of 4 per
cent cumulative preferred stock,
compared with net loss Of 81 1851
in the first five months Of 1886
The Morris Plan Bank of Virginia
celebrated its fifteenth anniversary
Saturday. Organized in 1922 by
Thomas c. Boushall, the bank an
nounces an increase in resources OF
$l8,782, 5000 since that time.
Many Washington bankers were
personally acquainted with H. Parker
Willis, one of the original authors of
the Federal Reserve act, who died
yesterday at a Massachusetts, resort
aged SO years. For years resident
of Washington, he elaborated with
Senator Glass in formulating the
Federal Reserve act and later was
secretary and consulting economist
for the board. He was the author of
several books on banking subjects.
Esquire Coronet, Inc, has filed with
the Securities and Exchange Commits
sion an amendment to its pending
ICSlS SldltlIltllG lOI lIie I6SlS.
trtaion of 100000 shares of the capital
stock of the company, naming Law
renee Stern & Co., Inc, as the prin-
cipal underwater for such stock.
Today's Trading on Exchange.
The weeks trading on the Washing
ton Stock Exchange opened today
with $1,000 and $500 transfers in
Capital Traction IS at IS, off points
from the last previous sale and a new
low mark for the present year.
Washington Gas IS, 1860, appeared
on the board at 1l6, up points from
the last previous sale. A $500 bond
changed ownership.
Eight shares of Capital Transit
stock came out at 9A against the last
sale at 1915. The market closed with
10 bid and 1912 asked.
There were practically no changes
In other bid and asked prices.