Evening star., 1940-08-16


over the fiscal year 1889, it was
learned today.
Total net accounts of depositors
grew from S8,223,258 in 1899 to
S6587,0S2 in 1940
The trend of new" deposits re-
ceived each fiscal year since 1886
Is shown by the following table:
1886 S6,6149 1882
1887 --- 7,426150
1888 --- 1922 1884
1899 ------- 6,141 .584
1910 ------ 6,376.498
These figures indicate new de-
posits. but do not show the net
results due to Withdrawals.
Such funds are received by the
Washington City Post Office, not
only from Washington, D. c., but
also from branches which are
located in Bethesda. Md; Chevy
Chase, Md, and Takoma Park, Md.
Life Insurance Sales Rise.
Sales of ordinary life insurance
In the District of Columbia during
July showed a gain of 20 per cent
over that of July, 1899, according
to a report by the Life Insurance
Sales Research Bureau, Hartford,
Conn.
The volume of new ordinary in
surance, exclusive of revivals. in
creases and group increases reported
from the District amounted to S.
561 900 in July, 1910. The District
during the year to date showed a
gain of per cent over seven months
of 1889 with volume of s38,051 900.
The District is included in the
South Atlantic section. which
showed the highest gain of the
country. The July increase was "a
per cent; increase for the seven
months was per cent.
For the country as whole, the
increase was % per cent in July over
July, 1899.
The State of Virginia lead all
States of the country with an in
crease of so per cent for the month
and a volume of s9,165 900. Vir-
ginia's gain for the seven months
was 10 per cent, with a volume of
S56 $4,000.
Experience of the States varied
with Wyoming showing a monthly
loss of 16 per cent.
Building Permits.
Value of building permits in Wash
ington during the first seven months
of the year totaled 20532 ,O30, rank
ing it sixth among 2l5 cities, ac-
Cording to Dun e. Bradstreet. This
compared with 21,74l,871 in the first
seven months of 1899.
Building contracts throughout the
Middle Atlantic States, including the
District of Columbia, showed a IA
per cent gain in value during the
first seven months of this year over
the similar 1889 period, according to
Dodge Reports. =
Contracts have been let for an adj
dition to the main plant of Interna-
tional Business Machines Corp at
Endicott, N. Y, it was announced by
Thomas J. Watson, president of the
company. The new building of two
stories and a basement will contain
more than four acres of floor space,
will be of steel and concrete con-
struction and air conditioned. Side
walls will be of glass block.
The Board Of Directors of the
Maryland Fund, Inc, has declared
distribution of 10 cents per share, |
payable September Is, 1910. to stock |
holders Of record August 81, 1910. |
This compares with a previous dis
tribution of 10 cents per share paid
June Is, 1910.
Annual Fishing Trip.
Edward c. Baltz, secretary of the |
Perpetual Building Association, will
take members of the Executive Com
mittee of the Board of Directors of |
Hamilton National Bank, of which |
he is a member, on their annual
yachting and fishing trip this week
end off SolomonS Island, where
they also will review a regatta.
Among guests on the yacht Fifty
Fifty, will be E. G. Graham, presi- |
dent of the bank; Wilmer j. Waller,
vice president; Joshua Evans, jr.,
vice president; Warren W. R. For
ster. vice president: William H.
Clark. L. P. Steuart, Horace
Smithy. c. c. Rogers and Roger
Whiteford.
Branch managers of the Hamilton
Bank on vacation include j. L.
Sherwood of Brookland branch. w.
G. Baden of Dupont Circle branch, !
John De Marco of Seventh street
branch.
Roland NJ Brown, secretary of
National Permanent Building As
sociation, is on vacation.
: Other personnel on vacation from
building and loan associations in
clude Mrs. Wiley Sullivan, chief
clerk of the Prudential Building As
sociation; Mrs. Sue Geiger, Leon !
Lamb and E. A Thomas of Per-
petual and Mrs. Marian Simmons of |
National Permanent.