Evening star., 1937-04-17

Policies of Life &a
Insurance Com
panies" John C. 'e' ''''e''
Blackall, insurance commissioner of
Connecticut, will speak on Increasing
Uniformity in State Supervision and
Regulation of Insurance. In addi-
ton, P. D. Betterley, business man
who has made special study Of in
surance subjects, will discuss Recent
Developments in Workmens Compen-
sation Legislation and Their Practical
Effects"
The program, just announced, shows
many other prominent speakers listed
for the tWenty-flfth anniversary of the
national association. Washington will
supply many. Among them will be
Ellsworth C. Alvord, who will discuss
"The Tax and Its Background" An
other will be DR.. Wilson Kompton,
secretary-manager of the National
Lumber Manufacturers Association,
his topic being, How Successful Has
Our Tariff Bargaining Been?"
Senator Royal S. Copeland is on
the program to speak on What Is
Needed for Food Control?" Sir Will
mott Lewis, Washington correspondent
Of the London Times, is booked to
present AN International Viewpoint
on American Problems" At the gen.
eral session on Wednesday morning,
April %, Assistant Secretary of Labor
Edward F.. McGrady will address the
convention on Labor Relations in
Industry"
Roy M. Green, Agriculture Depart
ment financial expert, will speak at
a luncheon conference on Crop In
surance." DR.. L. c. Gray, Agricul-
ture Department, will speak on Farm
Tenancy" and H. R. Tolley of the
same department will take up Crop
Control" Robert v. Fleming, presi-
dent of the Riggs National Bank, is TO
preside at a round-table conference on
Imitation Dangers" while Mark Sui
livan, writer, will give a review of the
past Is years. At all general sessions
President Harper Sibley will be in the
chair during the four-day session.
Healy to Address Bankers.
1t was announced today that Robert
z. Healy of the Securities and Ex-
change Commission will give an ad-
dress covering Government activities
IN connection with the utilities, at
the annual convention of the Ma
tional Association of Mutual Savings
Banks in New York, April %, 20 and
80.
Another speaker is to be Maj L.
L. B. Angas, noted British economist,
who will discuss the Economic Out
look Under Managed Money" Harold
G. Moulton, president Of the Brook
tngs Institute, has the subject "Ob-
Servations on the Railroad Situation
Today"
Virgil Jordan, president, National
industrial Conference Board, has an
Important place on the program. The
savings executives and trustees are
to give special attention to the out
look for thrift, at time when the
mutual savings banks report record
deposits and depositors.
The final session on Friday morning
will be given over to consideration
of mortgage problems and insurance.
A. George Gilman, chairman of the
Committee on Mortgages, will be in
charge of this discussion. Charles
G. Edwards, real estate authority,
and president, Central Savings Bank,
New York, is to address the meeting
on important aspects of the mortgage
situation.
National Dairy Report Gains.
President Thomas McInnerney of
the National Dairy Corp, which has
two units in Washington, reports that
business in the first quarter of 1897
was unusually good, better than it is
likely to be for the rest of the year,
he said. However, profits should be
slightly better than in 1886, he added.
Bank clearings in the Capital for
the week ended April IA totaled
$27,761 ,438.18, compared with $22,-
218,75i.45, an increase of 249 per
cent. They were per cent lower than
in the previous week. Clearings in
Baltimore were up "a per cent and in
Richmond % per cent over last year.
H. Lawrence Choate, general agent
here of the Mutual Benefit Life Insur-
president of the companys chapter of
chartered life underwriters at the
Atlantic City convention this week.
The agency was given second place for
efficiency in national rating.
President Hugh Leach of the Fed
eral Reserve Bank of Richmond has
' sent notices to all member banks in
the fifth district tat daylight-savin
time will go into effect in many
reserve banks and branches on Mon
= day. April 26. Bankers must keep
this in mind in the telegraphic trans
fer of funds
The annual resident session of the
Graduate School of Banking, spon-
sored by the American Bankers Asso-
citation, will be held from June 81 to
July at Rutgers University. Trust
courses will be taught by Prof. Austin
w. Scott of Harvard Law School and
Gilbert T. Stephenson, director of
trust research, American institute OF
Banking
Jones Heads Trust Co.
Ashton c. Jones, ST., director in the
Clarendon Trust Co., was elected presi-
dent Of the institution yesterday, sue
ceeding c. Clyde Lamond, who resigned
to accept the presidency of the Citizens
National Bank OF Alexandria.
Mr.. Jones Is prominent real estate
dealer and has been q resident Of
Arlington County 20 years. He Is
president of the First Federal Savings
d Loan Association, past president of
the Virginia Real Estate Board and
the Arlington County Chamber of
Commerce and is director of the
Arlington Trust Co.