Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-04-19

noghue, Riggs National Bank; treas
urer, Miss Helen Healy. National Saw
ings & Trust Co.; historian, Mrs.
Grace Bromley Bailey.
In addition to the above officers,
the board of governors includes Miss
Mary Craven, Hamilton National
Bank; Miss Florence Kelley McLach-
len Banking Corp; Mrs. Myrtle P.
Lewis, Liberty National Bank; Mrs
Vera Rhine, Morris Plan Bank; Mrs.
j. M. Buck, and Mrs. Constance F.
Jones, Riggs National Bank.
Miss Burwell, the new president, is
assistant trust officer of the National
Metropolitan Bank, member of the
National Association of Bank Women,
and one Of the charter members Of
the Washington Bank Women's Club.
Insurance Nominations Due.
Members of the District Under
writer's Association will make nomi-
nations for the Board of Directors at
the April luncheon to be held at the
Willard Hotel Thursday noon, it was
announced in the financial district to-
day. These nominations will give the
luncheon meeting unusual interest.
Edward c. Anderson, educational
director of the Connecticut Mutual
Life Insurance Co. of Hartford. will
be the guest speaker, coming to Wash
ington from a tour of the country
and visits at many of his companys
agencies. He will speak on Power
Selling"
Further plans for insurance week"
will also be announced at the meeting,
including progress In the insurance
essay contest open to Washington
high schools students.
The associations present directors
are Winthrop G. Batchelder, Thomas
r. Crowley, Vernon w. Holleman, j.
E. McCombs and Charles w. O'Don-
nell.
Record Conference Forecast.
Raymond c. Marx, controller, Riggs
National Bank, and chairman of the
General Conference Committee of the
National Association of Auditors and
Controllers, said today he believed that
the convention here Friday and Satur-
day would make new record for both
attendance and interest in these an
nual sessions This is the Fifth Eastern
Regional Conference and will be held
at the Wardman Park Hotel From
all over the territory covered by the
conference come reports that the dele
gates are looking forward to a fine
visit in Washington, both from the
standpoint of the program and the
entertainment features Mr.. Marx said.
Paul j. Settler, president of Wash
ington Chapter, American Institute of
Banking, announced today that the
chapter will have movie night" in
the recreation room of the American
Security & Trust Co., on Wednesday,
May IL. Pictures of Yosemite, Glacier
and Yellowstone National Parks will be
presented by the National Bank Service
and pictures of Washington Chapters
banquets, national conventions, etc.
will be presented by Edward Foreman
Of the chapter.
The near term business outlook
continues favorable, with April opera
tons in many lines promising to set
new highs for the recovery, says the
United Business Service in its report
today. Second quarter business should
hold near present levels, with tempo
rary setback to the upward trend in
dicated during the Summer
The service states further that,
whatever effects the Wagner act de-
cisions may ultimately have on general
business, the immediate aspect is
favorable to the extent that it tends
to clarity some of the major uncer-
tainties in the current labor situation.
Advance in Rents Forecast.
Further rent increases ranging from
more than per cent to nearly II
per cent for single-family houses,
apartments and office space, can be
expected two weeks from now during
the traditional Spring moving period,
according to the annual Spring sur
vey of rental and building conditions
made by the Mortgage Bankers Asso-
citation Of America and released today
In Chicago.
Average rent increase for single
family houses for the country as a
whole will be 1913 per cent this
Spring, for apartments, 90 per cent,
and for office space, 80 per cent,
says the association data which rep
resents figures supplied by members
located in 20 States. r.