Evening star., 1938-05-07

April ------ 624.646 6l5.897
Today's report on April postal re-
ceipts follows by few days the April
total on bank clearings in Washing
ton. which we're we'll ahead of March
but not quite up to the April check
activity year ago
Insurance Payments Increase.
Every day in 1897 life insurance
policyholders and beneficiares in
Washington received an average of
S33.224. according to the National
Underwriters, which has just COM
pleted yearly summaries for the whole
country. This was total of Sl2,-
$4,000 paid Washingtonian during
the year. an increase of S307.0 or
2>a per cent over the 1886 total of
sll 100000. The 1885 total was sl3,-
100000.
District of Columbia ranked thirty
aeventh in life insurance payments
among all States. while it is thirty
ninth in size of population. The per
capita payment in 1887 was $3.50.
compared to Sl909 the year before.
all the cities in the country.
Substantial life insurance payments
were made in nearby States. MARYLAND
having 4l.l00.0O0 with Baltimore as
its leading city with sl6.415 900.
Virginia's life insurance payments
totaled s37.OOO.OOO, led by Richmond
with s3.slO,OOO.
Kinsey Strong for Thrift.
The savings of the American peo-
pie are sacred trust said Henry
r. Kinsev. president of the Williams
burgh Savings Bank. Brooklyn. lust
reelected president of the National
Association of Mutual Savings Banks.
They represent the stored-up toll and
sacrifice of many lifetimes. And there
never was time in our history when
the practice of economy meant more
to the American people, individually
and collectively. We cannot spend
our way out. but we can save our wav
out. Americans self-reliance, a heri-
tage from the pioneers who built this
Nation. lives on today. Americans
still prefer work and wages to chance
and charity
Manufacturers Sales Of.
Manufacturers sales during March.
1898. declined % per cent from last
March. according to reports from
manufacturers cooperating in the
monthly joint study of the National
Association of Credit Men and the
Bureau of Foreign and Domestic Com
merce.
Collections during March amounted
to 78 per cent of total accounts re-
ceivable outstanding on March l, 1888 !
The comparable ratio was 80 per cent |
for March. 1897, and 70 per cent for
February. 1898. The decrease in the |
collection ratio from last year was well |
distributed throughout the major in
dustry groups separately shown. All |
groups showed decreases except the |.
rubber products industry. which in
creased from 43 per cent last March /.
to Al per cent this year, and the |
motor vehicle parts group. which in
creased from 83 per cent to "a per !
cent.
The total volume of accounts re- |
ceivable outstanding on March l, |
1898. was II per cent smaller than on
the same date last year, and per
rent larger than on February /, 1888. |
the survey says
Wilmer Heads Office Here.
Chandler Bullock, president of the |
State Mutual Life Assurance Co. of |
Worcester. Mass. announces that Ber-
nard L. Wilmer has been appointed |
general agent of the Washington Of
fee. effective at once His brother,
Morton is now general agent in the
Philadelphia Office.
Bernard L. Wilmer entered the Uni->
versity Of Pennsylvania following four
years in Central High School in
Washington, completing in 1925 the
courses offered by the Wharton School
Of Finance and Commerce. While at .
college Mr., Wilmer was a member of !
Phi Sigma Delta Fraternity and was
also elected in his sophomore wear to |
the publication of Junte, college lit
erary magazine
After two years spent in general |
business. Mr. Wilmer entered life in
surance in New York City in 1923 and |
was for five years in New York and |
Philadelphia, prior to his associa ton |
Cf@t