Evening star., 1937-09-05
D. c. STORE SALES
UP321 PER CENT
ABOVE WEEK AGO
Brisk Capital Rise Leaves
Total 7.84 Per Cent Be-
low 1886 Mark.
BANK CLEAR!NGS DROP
TO $21,125,242 LEVEL
Compares With $22, ,40O,4ss Last
Year-Building Holds Gain
With $6s2, 900 Volume.
BY HAROLD B. ROGERS.


department stores last week. as COM
pared to the previous week. according
TO the Department of Commerce week
ly survey of 81 cities. This, however.
was decrease of 7,84 per cent as
compared to last year.
The substantial gain was attributed
10 the imminent school openings, i'm
proved weather conditions, special
sales. and the end-of -the-month Gov
eminent pay day.
Clearings were S21 ,l25,242, COM
pared with s224oo,4Ss last year, the
first decrease for 1887. Visitors to
the Washington Monument numbered
30088, compared with 29,Ol2 last
week. and 28,549 a year ago. Building
permits were $682 900, against s523.-
AS last year. August, 1887, building
permits stood at S3.l57,325. a substan-
tial gain over August last year, of
S2,582,85O
Richmond, Va, reported that retail
sales in the fifth Federal Reserve dis
trict, including this city, showed a
substantial gain over the past week.
and slight increase over last year.
with increased activity anticipated
after Labor day"
In Baltimore. despite the high tenn
peratures, which were reported to have
tended to defer consumer interest in
Fall offerings, retail volume during
the past week continued to disclose a
general upward trend.
A. I. B. Plans Drive.
The annual membership drive of
Washington Chapter, American Insti-
tute Of Banking, will be conducted by
Membership Committee just ap-
pointed, it was announced last night.
George B. Earnshaw, chairman has
had wide experience with chapter af-
fairs, and was chapter treasurer for
the past year, He is associated with
the National Metropolitan Bank. Mr..
Earnshaw will be one of the speakers
at the educational dinner to be held
next Wednesday night at the Willard
Hotel.
The Membership Committee as an
nounced by William H. Laughlin,
chapter president, is as follows:
Earnshav, chairman; Bruce Frantz.
American Security e. Trust Co.;
Franklin A. Gibbons, Riggs National
Bank; Frederick c. Loops, Commerce
IL Savings; Herbert D. Lawson, Wash
lngton Loan & Trust Co.; Albert
Gloyd, Union Trust Co.; Dorothy Co.
vert. Security Savings & Commercial
Bank; Melvin L. Handy, National
Metropolitan Bank; Henry P. Hoff-
man, Second National Bank; Jesse
Cheyney, American Security g. Trust
Co; Robert M. Poole. Riggs National
Bank; William NJ Mcclure, McLach-
len Banking Corp; William Russ, City
Bank
Aetna Life Shows Gains,
Word has been received by Paul
j. Sleeper, general agent of Aetna
Life Insurance Co, that his company
now has total of S3,905 ,8l4,O23 total
life insurance in force, thereby set
ting up "a new all-time record for
volume" To make this new record,
Aetna Life shows a gain of total in
surance amounting to Sl78.509, ,468 in
the first half Of the year The agency
here for Washington and Virginia.
Mr.. Sleeper reports, has paid for over
s6.25O,OOo of life and group business
this year. breaking all past records
for similar period
New home mortgage loans made bv
active savings, building and loan asso-
Citations in the United States during
July aggregated s72,o57, 900, an in
crease of 81 per cent, as compared
with s56,855, 900 in July, 1886, accord
Ing to the Federal Home Loan Bank
Board
Here in the Winston-Salem, N. c.,
district, including this city, loans were
$s,393,000, as compared with $685.
600 for July, 1896.
Sales Parley Called.
J. E. Ball, jr.. of CHEVY Chase
manager OF the Washington district of
the Monroe Calculating Machine Co..
and associates, will spend the week
Of September at the Cloister, Sea
Island, Ga. to attend sales con- |
ference of the company. He will be
accompanied by G. H. Baldwin. w. M |
Miller and c. A. Wickham. They won
their invitations to the convention by
qualifying for the High Point Club,
honorary sales organizations.
Personal Mention,
Edwin L, Hillyer, vice president of
Union Trust Co., returned to his desk
yesterday from months trip abroad.
George O. Vass, vice president and
cashier OF Riggs National Bank, is
returning Tuesday from a motor trip
through western national parks.
I. j. Roberts, assistant cashier of
Riggs National Bank, is leaving for
vacation on Cape Cod.
G. Bowie Chapman, resident mana
ger of Laidlaw L. Co, has returned
from a trip to Europe.
Jesse L. Suter of Laidlaw g. Co. has
gone to Virginia Beach on vacation,