Evening star., 1937-07-11
GROOM APPOINTS
SEVEN ADDITIONAL
BANK COMMITTEES
Stanley, 0ffutt, Doing, Cox,
Waller, Fisher and Barker
Are Heads.
D. c. SALES IN HALF YEAR
SLIGHTLY ABOVE 1886
Record Progress Shown by Acacia,
New Insurance 60 Per Cent
Above Last Year.
BY EDWARD C. STONE

Appointment of seven additional
standing committees to carry on the
work of the District Bankers Associa-
tlon this year has just been announced
by President Thomas j. Groom, as
follows:
AdvertiSing-T. Stanley. trust Off
Ger, American Security & Trust Co.
chairman; Robert L. Flather, as
slstant secretary, same bank. vice
chairman; Hilleary G.. Hoskinson.
Riggs National Bank Eliot T. Thorn
son, Washington Loan & Trust Co.
and E. Percival Wilson, National Say
ings & Trust Co.
Auditing-A. Scott Ofutt, vice
president, City Bank, chairman: S.
Wilson Earnshaw, secretary-treasurer
East Washington Savings Bank. vice
chairman; Harold w. Denison. Bank
Of Commerce & Savings, and Harry
l.. Downey, Washington Loan & Trust
Co.
Personnel-W. ]. Waller, vice presi-
dent. cashier, Hamilton National
Bank, chairman; James A. Soper, vice
president, cashier, Lincoln National
Bank, vice chairman; Bruce Baird.
National Savings g. Trust Co.: Floyd E.
Davis, Lincoln National Hans w. Ire
land, American Security S Trust; w.
w. Spaid, w. B. Hibbs & Co: j. Frank
White, National Bank of Washington.
Other Committees Named.
Public Relations-Charles H. Doing,
first vice president, Washington Loan
& Trust Co., chairman: H H. Mckee.
president, National Capital Bank, vice
chairman c. F. Burton, City Bank;
Howard Moran American Security &
Trust; Ord Preston, Union Trust, and
George o. Vass. Riggs National.
Publicity-Willard G. Barker. presi-
dent, Morris Plan Bank, chairman;
Paul P. Rodler, partner, w. B. Hibbs
& Co., vice chairman; Barnum L.
Cotton, National Savings g. Trust; w.
Frank D. Heron, Union Trust Leon
ard Marbury, Washington Loan e.
Trust, and w. j. Waller, Hamilton
National.
Standardized Banking Forms
George M. Fisher, vice president,
treasurer, Washington Loan g. Trust
Co., chairman; r. j. Dooley, cashier,
National Bank of Washington, vice
chairman; T. Hunton Leith, Security
Savings & Commercial; Raymond
G. Marx, Riggs National; Garrett A.
Pendleton. McLachlen Banking Corp.
Frank R. Ullmer, National Savings
g. Trust, and Millard S. Yeatman,
Hamilton National
Accountants-F H Cox, vice presi-
dent, City Bank, chairman: Horace F..
Stokes, assistant cashier, National
Metropolitan Bank, vice chairman:
Hilleary G. Hoskinson, Riggs National;
c. H. Pope, Munsey, and w. T. VAN
doren, Liberty National.
ID. c. Sales Gain in Half Year.
Retail trade in Washington in June
was OIL per cent above department
store sales in June year ago. the
Federal Reserve Bank of Richmond
reported yesterday and for the first
half year was 2.6 per cent better than
the like period year ago.
Washington dropped behind the S
per cent June gain in the whole fifth
district and the per cent upturn in
the first six months of 1887 over 1896,
as reported by So department stores
In this trade area. The national gain
by 478 stores was 7 per cent in June
and II per cent for the half year.
Winston-Salem, N c., made the
best showing of any city in the fifth
district, 22.5 per cent in June and
2l.6 per cent in the six months, the
review stated
The weekly report by the Depart
ment of Commerce found business
below the previous week and the same
week year ago, largely on account
OF the holiday on Monday. Clearings
were substantially higher.
June building permits totaled $2,-
657,370, against s3.945,625 last year.
Visitors to the Washington Monument
smashed all records, the largest day
IN history being on July l, when there
were 9,9s7 visitors, the Boy Scout
Jamboree causing the Jump
Acacia Has Fine Six Months.
Record progress was achieved by the
Acacia Mutual Life Insurance Co. dur
ing the first six months of the current
year, 1t was reported last night by
William Montgomery, president of the
company.
During the first six months of 1887,
Mr. Montgomery said, Acacia's in
surance in force rose to S374000,000,
an increase of more than 100000,
or so per cent over the gain for the
corresponding period of 1896.
The company's assets now stand at
S70,00o,O00, figure which reflects a
$3,000,0 900 increase achieved during the
first half of this year.
In the first six months paid-for
business totaled more than $40, ,000, 900,
q gain of more than s1,000,000 over
last year. The volume of policy loans
is normal, indicating steady better
ment in general business conditions.
During June the company issued ap-
proximateely 1000 policies, the largest
number in any single month for the
past eight years, the president said
Members of the fiduciaries section
Of the District Bankers Association
have elected the executive council for
the coming year rs follows: Irving
Zirpel, Union Trust Co.; j. Eliot
Moran, American Security & Trust
Co.; Henry K. Dierkoph. Riggs Ma
tional; Bernard L. Amiss, Washington
Loan & Terust Co.. and Harold A.
Kertz, National Metropolitan.
DEBENTURES TO BE CALLED.