Evening star., 1939-11-12
Store Volumes
Rise Sharply
In Capital
Weeks Sales Forge
11.8 Per Cent Ahead
Of Year Ago
By EDWARD C. STONE.

OF Year Ago
BY EDWARD C. STONE.
In a sudden and sharp upturn, de-
partment store sales in Washington
. in the week ended November
jumped 11.8 per cent above the mark
for the corresponding week ended
November S, 1888. the Federal Re-
serve Bank of Richmond reported
yesterday.
Sales in the Capital also mounted
= II per cent above the previous week
this year, the report added, the week
ending October 20, when trade was
only 1.9 per cent ahead of the like
period year ago.
Retail trade in the Capital for the
four weeks ending November 4 aver
aged 8.9 per cent better than in the
corresponding four weeks of 1888, an
excellent showing considering that
warm weather retarded trade in a
part OF October and the month had
one fewer Saturdays than year ago.
Sales for the week ending Novem-
ber in the rest of the fifth district
also scored notable gains, the sum-
mary reveals. Baltimore sales were
up l6 per cent, group of other cities
gained 25.4 per cent, and the average
forward move for the whole area
disclosed an increase of Is per cent.
In the latest four-week period
sales IN Baltimore moved up IL per
cent, in a group of other cities 10
per cent and recorded an average
gain for the district of 10 per cent
over the same four weeks in 1898.
Yesterdays report followed the
Richmond Banks Friday announce
ment that trade in Washington was
IL per cent ahead of last year and
IS per cent higher in the first 10
months of 1899 than in 1898.
trade in the whole Fifth District
IN october was up per cent and
q ike amount for the longer period
The national gain was per cent in
october and 5 per cent in the 10
months.
Fiduciaries Leaders Appointed.
Bernard L. Amiss, chairman of
the Fiduciaries Section of the Dis
trlct Bankers Association, yester.
oay appointed the following COM
mlttees for the coming year:
Trust law & legislation-Earl G.
Jonscher, chairman, American
Security g. Trust Co.: Vincent A.
Sheehy, jr, Washington Loan g.
Trust Co.; Stanley D. Willis. Ma
tional Metropolitan Bank; Irving
Zlrpel. Union Trust Co.; Harry
Fleet Harper, jr, Riggs National
Bank; Lester A. Lawrence, National
Savings & Trust Co.; George
Francis Williams, Lincoln National
Bank.
Life insurance trusts-Aubrey o.
Dooley, chairman, Hamilton Ma
tional Bank; Sidney F.. Taliaferro,
Riggs National Bank: Leonard Mar
bury, Washington Loan & Trust
CO.
Trust investments-Wil C.
Dieter, chairman. Union Trust Co.;
Edwin B. Shaw, Riggs National
Bank; Herman G.. Lauten, National
Savings & Trust Co.: Frank M.
Perley, American Security g. Trust
Co.; Bernard L. Amiss, Washington
Loan & Trust Co.; J. Fontaine
Hall, National Savings & Trust Co.;
G. D. Ratcliffe, Munsey Trust Co.
Advisory Bank Board Named.
Members of the advisory board of
the H Street Branch of the Bank
of Commerce & Savings have been
reappointed for the ensuing year,
including A. E. Giegengack, chair
man, public printer of the United
States; William NJ Mooney, vice
chairman, former postmaster of the
District of Columbia; Leo A. Rover,
former United States district at
torney for the District of Columbia;
Thomas j. Groom, executive vice
president and cashier of the bank,
and Francis E. Robey, assistant
cashier. Thomas J. Norris was re-
appointed manager.
Loan Officers to Meet Here.
Clifton M. Eisele, president of the
Southeastern Industrial Bankers,
Inc. of this city, is in Chicago at
tending meeting of the board of
directors of the American Industrial
Bankers Association of which he is
vice president.
The national organization is
scheduled to hold its annual con-
vention in Washington next May,
and the mapping of program is
one of the matters to be covered
at the Chicago meeting. The as
sociation is a national organization
of industrial loan companies in the
United States and Canada. Mr..
Eisele's company comprises IA affili-
ated concerns located in the District
of Columbia, Maryland, Virginia
and West Virginia.
Financial District Comment.
1t has been definitely announced
that the New York Stock Exchange
will observe Thanksgiving on Nov
ember % and be open on November
80. The situation will be compli-
Gated for brokers in States which
will observe November 80 as their
holiday.
The United States Chamber of
Commerce held luncheon meeting
at the Hay-Adams House Friday
noon.
Buford Scott. Richmond banker,
has asked the Interstate Commerce
Commission for authority to serve
as director of the Louisville &
Nashville r. R. while holding a
similar position with the Atlantic
Coast Line.
F.S. c. c. to Purchase
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