Evening star., 1940-06-27
MergenthaIer Given
Special War Orders
TotaIing S281,099
Linotype Concern Will
Profit by Added Work
At Brooklyn Plant
By EDWARD c. STONE.

TO late reports from headquarters in
Brooklyn.
One order calls for aiming circle
and related items and amounts to
$128,953.29 while the other covers
azimuth instrument and related
items in the amount of $l52,146.
The two orders total $281 ,099 20
and follow other substantial or
ders for war materials received ear
ller in the year. They will prove
most helpful to earnings, as these
operations are in addition to the
manufacture of linotype machines.
Linotype stock is widely held in
the Capital and has been selling re-
Gently on the Washington exchange
around 1434. One hundred shares
moved at that price Tuesday. The
stock has sold as low as II and
as high as II this year.
Miss Kicker Section Chief.
Miss Eva Kicker, in charge of the
safe deposit vault at the Farmers
& Mechanics Branch of the Riggs
National Bank in Georgetown, was
elected chairman of the safe de-
post section of the District Bankers
Association at the annual meeting
at MAYORS Seafood Restaurant last
night. She succeeds T. Eugene
Elgin of the City Bank. Miss Kicker
has been with Riggs since 1926, and
has been very active in the safe
Nf ho hoy
ISOLATION.
Guy D. Cowl of the McLachlen
Banking Corp. was elected vice
chairman and Jesse S. Cheyney,
American Security & Trust Co.,
secretary John Clephance, Ma
tional Savings & Trust Co., and
James P. Ahalt, City Bank, were
elected to the Executive Council
Dr. Elmer L. Kayser, history pro-
fessor at George Washington Uni
versity, gave a most interesting
address on Backgrounds of the
Peace" forecasting world conditions
after the war.
A M McLachlen, president of the
District Bankers Association, and
making brief remarks.
Certificates Placed on Sale.
Voting trust certificates for $4,000
shares of common stock of Chicago
& Southern Air Lines, Inc, were
offered for sale today by an under
writing group composed of Auchin-
Gloss, Parker g. Redpath; Stern
Wampler & Co.; I. M. Simon & Co.,
Dominick & Dominick and G. Mp
Murphy & CO.
The sale is by prospectus, with
the price on application. The COM
pany operates planes between Chica-
go and New Orleans and was organ
ized in 1888, head Offices being in
St. Louis.
For the first three months of this
year gross passenger revenue was
s021 per cent ahead of last year;
the number of passenger, 5397 per
cent greater, and mail pounds car
ried, 5296 per cent greater than a
year ago.
Fifth District Building Off.
The Federal Reserve Bank of
Richmond reports that building per-
init figures in the first five months
of this year were off slightly from
last year, 46,8SO,62s comparing with
$49,493,0 ,066 in the like 1889 period.
General business conditions in the
fifth district last week continued to
show definite improvement in va
rlety of lines, the bank said. Vir-
ginia crops are reported in excel
lent shape and good returns are
now in prospect.
Tobacco factories are continuing
to break production records, but
some are preparing for annual shut
downs with pay for their employees.
Announcement that Norfolk will get
the contract for a $70,000,O00 air.
craft carrier is the most important
recent industrial news, the Rich
mond bank report concludes.
Insurance Agents Rewarded.
Roger L. Baldwin, general agent
of the Northwestern Life Insurance
Co., has presented gold pins to Is
members of his agency who have
been with the company Is years or
longer. Their service totals 366
years, an average of "a years per
agent. The agents receiving the
awards and their lengths of service
follow:
w. A. Moore. jr., AZ; A. L. Bald
win, IS; George H. Rutley, 35; A. c.
Jones, 49,; w. N Piser, 80; j. S.
Baldwin, %; Howard j. Jackson, %;
Laura S. Poster, 81; Gilbert ]. Cox,
jr., 81; John Bullough, jr, 20; Roger
L. Baldwin, 18; John l.. Fleming, 18;
j. c. Rundles, II; L. B. Rose, Is,
and L. D. OFlaherty, Is.
Capital Markets Lauded.
The fourth edition of Markets in
America, published annually by the
Advertiser, New York and Cincin-
natl, refers to Washington as one
of the finest markets in the coun-
try, chiefly because of the Govern
ment pay roll.
Quoting Washington Board of
Trade figures, it is stated that about
$70,000,000 is left in the city an
nually by tourists, convention dele
book further says that Washington
pays more income taxes than any
one of 26 States.
The publication points to many
other interesting facts about the
Capital and brands the city as one
of the best in the country from an
advertising standpoint. A host of
other prominent cities are featured
with special articles of wide interest.
Heard in Financial District.
Directors of the National Bank of
Washington have declared the reg
ular semi-annual dividend of SO per
share, payable July to stockholders
of record June 26, President j.
Frank White announced today.
NJ H. Calnan, president of the