Evening star., 1939-11-18

studied law at wv Ss'''S'"s&aS
GEORGETOWN T. n. Connolly.
University. Mr.. Connolly is a cap
tain in the Reserve Corps attached
to the 18th Infantry.
The firm of McKnew. Fairfax &
Co. started business in Washington
IN 1925 and holds membership in
Che Washington Stock Exchange, as
we'll as being correspondent OF
Dobbs g. Co., members of the New
York Stock Exchange.
Section Committees Named.
Bernard L. Amiss, chairman of the
hduciaries section of the District
Of Columbia Bankers Association,
has announced appointment of the
following committees for the as
Aociation year 1939-40.
Standardization - K enn tn F..
Brooks, Chairman. Riggs National;
Leonard Marbury, Washington
Loan & Trust Co.; Willard G. Nc
Graw, Union Trust Co.; R. P. Hol-
iingsworth, National Metropolitan;
Erskine Gordon, Hamilton National;
j. Eliot Moran, American Security &
Trust Co., and Bruce Baird, National
Savings g. Trust Co.
Standardized trust forms-William
v. Simmons, chairman, Liberty Ma
tlonal; A. j. Byrne, Munsey Trust
Co.; Ralph G. Wilson, National Bank
of Washington; Bruce Cotton, Ameri-
can Security & Trust Co.; Harry w.
Gauss, Washington Loan & Trust
Co.. and w. E. Howard, Riggs Ma
tional.
Taxation-William H. Wiegering,
chairman, Riggs National: Thomas
H. Reynolds, National Metropolitan;
Henry w. Branson, National Saw
ings g. Trust Co.; William Rea,
American Security & Trust Co., and
Thomas Grant, jr., Union Trust Co.
d. C. Building Forges Ahead.
The Washington metropolitan
area is participating actively in the
residential uptrend recorded for the
b. States east of the Rocky Noun
tains. The latest monthly summary
prepared by Henry A. Johns, Wash
fngton manager of Dodge Reports,
emphasized that a margin of about
$16,0OO,000 has created a highly
favorable situation this year.
The report reveals that the con-
tracts for work and materials to be
used in residential building reached
the valuation level of $51 ,663 900
during the 10 months. The CORE
spending level at the same point of
1888 was $35,7O9,0OO.
October contracts held the upward
movement in the Washington met
ropolitan area. They were valued at
$5,123,OOO, or practically the same as
$5.325, 900, the record for October,
1888.
Heard in Financial District.
Washington members of the Fed
eral Reserve Bank of Richmond
have received a letter of felicita-
tions from President Hugh Leach
and Chairman Robert Lasiter of
the Federal Reserve Bank of Rich
fnond in connection with the 25th
Anniversary of the opening of the
bank. The bank looks forward with
pleasure to serving the commercial,
Industrial and agricultural interests
Of the district in the coming years.
The average cost of all non-farm
homes constructed in the United
States in the first six months of
1889 was 1851, representing re-
duction of more than 10 per cent in
three years-brought about chiefly
by increased willingness of families
to buy dwellings of smaller size and
simpler design and greater effort
of the building industry in meeting
mass demand, the Federal Home
Loan Bank Board reports.
The new seven-reel sound film,
1.-THE Making and Shaping of Steel"
produced by the United States Steel
Corp. to provide description of the
various phases of steel-making, and
which can. be used in connection
with meetings of moderate-sized
groups, was screened at the Ward
man Park Hotel Theater last night
before Government officials and
technical representatives interested
in available motion pictures.