Evening star. [volume] (Washington, D.C.) 1854-1972, 1938-05-09

massachusetts Mutual Life Insurance
Co. Following the two inspirational
addresses, motion picture depicted
the development of life insurance.
The national program. to be carried
out during the rest Of the week. will
be educational in nature, rather than
an effort on the part of life insur-
snce agents to sell record amount
Of new insurance in a siX-day period
When the special insurance week pro-
grams were first started this was the
big aim But it was learned that pol
icies taken under pressure did not
always last. Hence. educational pro-
grams have been substituted.
An elaborate insurance exhibit was
opened at the Department of Com
merce today for public inspection dur
ing the week Radio addresses. talks
in the schools and before clubs and
exhibits in many store windows are
due for the rest of the week. Repre-
sentative Bruce Barton will speak on
the radio this evening. while Gen.
Frank T. Hines and Capt. Watson B.
Miller are on tomorrows radio pro-
gram
Following the Department of Com
rerce exercises more than $50 men,
bers of the District Life Underwriters
Association attended the Nav monthly
luncheon at the Willard Hotel this
noon. Paul H. Primm, president. pre-
siding. General Chairman Joseph c.
Behan made his second address of the
day. One of the high lights of the
meeting was election of new directors
for the coming year. results to be
announced shortly.
Distinguished Guests Listed.
More than 225 members OF the Dis
trict of Columbia Bankers Associ-
alton and guests are expected to at
tend the annual pre-convention din
ner at the Columbia Country Club
Wednesday evening. it was announced
today by James A. Soper, chairman
OF the committee in charge.
Plans for the 1888 convention Al
Hot Springs. June 9-12. of the asso-
cation will be outlined by T. Stanley
Holland, general convention chair
man. Thomas J. Groom, president
of the association, will preside at the
dinner.
Following a custom of long stand
ing. there will be an afternoon of
golf on the club course preceding the
dinner. prizes to be awarded winners
IN the evening. The list of distin-
gulShed guests who have accepted in
Vltations to the dinner include the
following:
Mariner S. Eccles. chairman. Board
of Governors of the Federal Reserve
System; Lawrence Clayton. assistant
TO the chairman. Board of Governors
OF the Federal Reserve System: Mar
shall c. Diggs. acting controller of
the currency: E. H. Cough. deputy
controller of the currency: G. J. Oppe- |
gard, deputy controller of the cur
rency: w. P. Folger. chief national
bank examiner of the United States:
Walter w. Wyatt. general counsel
BOARD OF Governors of the Federal !
Reserve System; Bolitha j. Laws !
president, District OF Columbia Bar
Association: D. j. Needham. general |
counsel. American Bankers Associ-
alton; Elwood H. Seal, corporation
counsel of the District of Columbia:
10. v. Morgan. assistant corporation
counsel of the District of Colum-
p'a' William H. Donovan. assist !
antart general counsel of the District
OF Columbia Bankers Association.
T. F. Colladay. immediate past pres
1dent OF the Washington Board of
Trade; Chester Morrill,, secretary of |,
the Board of Governors of the Federal |
Reserve System: Judge L. E. Birdzell
general counsel, Federal Deposit In
surance Corp; l.. Clark Brown. presi-
cent. Bond Club of WASHINGTON.
lnomas w. Brahany, manager. E. A.
Pierce IL Co.: F. Gloyd Await, attorney
az law; Leo H. Paulger, chief Division |
OF Examinations, Federal Reserve Sys-
tenn; William H. Laughlin. president.
washington Chapter, American Insti |
tute of Banking; James B. Edmunds
general agent, Chesapeake Il Ohio
Railway Co.. Edward c. Stone The
Evening Star Thomas NJ Cahill |
Washington Post; Richard Berwick. |
Washington Herald, and Harry j.
Kane, jr.
Carr Wins District Contest.
Roland T. Carr, Riggs National
Bank, representing Washington Chap
ter, won the District No. 2 contest
IN the A. P. Giannini National Public
Speaking Contest. conducted annually
by the American Institute of Banking,
The competition was held in the audi
forum OF the Federal Reserve Bank
in Baltimore Saturday evening.
BY defeating the six other contest
ants from New Jersey. PENNSYLVANIA,
Maryland and West Virginia chapters,
Mr.. Carr becomes one of the nine
f1nalists who will compete for $1,000
In prizes at the national convention
OF the A. I. B. at Louisville on June 6.
The first prize is $500. Chapter men,
bers here were elated over the Balti-
more results
d. c. Utility Earnings Good.
First-quarter utility earnings by
corporations in the Capital made an
excellent showing, survey of the
situation reveals.
The Potomac Electric Power Co.
reported net earnings in the first quar-
ter amounting to $l,179,749, a very
substantial total, although $l78,993
less than last year.
The Washington Gas Light Co. re-
ported a net of $542,045, an advance
over the corresponding quarter in
1887 Of S138.054.
Net earnings Of the Chesapeake g.
potnnac Te1ephnne IN amounted to
$438.07l, against s512,080 in the like
period in 1887.
Capital Transit's net earnings got
back into the black figures, the mod
est net Of sl5,986 comparing with
deficit of $2,5l3 a year ago.