Evening star., 1939-11-28

the counters and
Harry G. Wilson. office trimmings
are in bronze. Metal Venetian
blinds on the many windows add to
the attractiveness of the interior,
with the harmonizing colors of the
walls and ceiling brought into pleas
ant relief by the new indirect light
ing system. All office equipment
is in mahogany, including the fix
lures in the boardroom, which occu-
pies position directly under the
main banking room.
Two large vaults have been added
to protect the records and files of
the organization. One of the most
striking additions are the new out
side doors. OF massive bronze, the
doors are handsomely decorated and
enhance the appearance of the
building The inclusion of the ad-
joining building is expected to give
the association ample quarters to
accommodate future expansion.
The association. located at POI
PENNSYLVANIA avenue Sc, was es-
tablished in 1866. During the 73
years of its existence it has been
active in the development of the
District of Columbia. Resources are
approximately S6,000000.
Officers and directors are Harry
G.. Wilson, president; John Scrivener,
vice president; Rudolph W. Santel-
mann, secretary: Henry E. Trip,
treasurer; George NJ. Siebert Will
liam A. Simpson. Henry N. Wiegand
Martin T. Wiegand. Arthur Seagren
and Harry H. Wilson.
LaidIaw Leases New Office.
G. Bowie Chapman of LaidlaW &
Co., New York Stock Exchange firm.
located in the former SWartzell,
Rheem e. Hensey Building for sew
eral years, announced today that he
has taken a long lease in the new
Bowen Building now under con-
struction on Fifteenth street, near
I street.
The brokerage firm will go into
the new Offices on February l. The
new Offices will be air conditioned,
the first of any brokerage houses
in Washington to have this feature,
Mr. Chipman stated.
One reason for the change from
Laidlaw g. Co.'S present location is
the fact that the building is to be
sold soon. The new quarters will be
across the street from the big, new
Office building now being erected on
the Mclean property and next to
the Liberty National Bank.
Biggest Express Traffic Seen.
New records for the volume and
variety of holiday sales may be scored
during the current holiday season, if
the prediction of c. w. Turner, su-
perintendent of Railway Express
Agency. comes true. His optimism.
he stated today, is due to reports
received of greatly improved condi-
tions in many lines of industry,
rapid reduction of unemployment
and many evidences of increased
public buying power.
For some months past" said MIR.
Turner, I'VE have noted an upward
trend in many manufacturing fields
catering to the Christmas trade and
the war in Europe has apparently
given considerable impetus to these
activities 1t won't be long before
our retail districts, stores and mer-
chants generally, will begin to feel
the effect of this increased conf
dence and aggressiveness.
I'VE are expecting the biggest
- t,oP Go ~, aro1
for good reason. The Christmas gift
habit is increasing and never before
have so many beautiful and practical
things been available for the pur-
pose You can depend upon it that
the people who are now on the pay
roll are going to make up for the
time when they had economy en-
forced upon them
Home Mortgages Reported.
The F.. H. A. reports that home
mortgages accepted for insurance in
Washington in September numbered
38 and amounted to S204,700, against
81 mortgages involving S306 600 in
September, 1885, In the first nine
months of this year mortgages in
the District numbered 389 and
amounted to $2108,800.
In Washington, IN the nine
months, IS per cent of these mort
cages we're placed on new homes.
Mortgages on new homes numbered
359 and amounted to S1,81l,500 and
on existing homes totaled 80, in
volving 1927 300.
c. & P. Votes $4,000 Outlay.
Directors of the Chesapeake &
Potomac Telephone Co. have au-
thorized expenditures of $4,000 for
additional telephone equipment and
facilities in the District. c. A Rob-
inson, general manager, announces.
About $4,000 will be spent for the
purchase. rearrangement and addi-
tions to telephone cable facilities
made necessary by increased tele-
phone service in the vicinity of Fort
Totten Park and Rock Creek Gene
terry.
About $4,000 is required for addi-
tional equipment in the company S
central Office at 730 Twelfth street
NV. and the remainder, $4,000, is
required for the purchase and in
stallation of private branch ex-
change equipment needed to handle
the increased telephone service te
two of the company's large business
subscribers. So far a total o1
$5,878,000 has been authorized fol-
expenditure this year under the con-
struction and replacement program
Traction Bonds in Demand.
Capital Traction SIS were in the
heaviest demand in months on the
Washington Stock Exchange today
most of the sales were made at 81
but the price reached 974 at one
time. The days sales included q
$4,000 transfer, $4,000, six $1,000
sales and one $500 bond.
Thirty-fve shares of Washing
ton Railway & Electric preferred
ssold at 11412, 10 shares of Lanstor