Evening star. [volume] (Washington, D.C.) 1854-1972, 1941-06-06
Bauman Is Reelected
i0rientaI Building
Association Head
Oldest Home Loon
Group in City Holds
Annual Meeting
BY HAROLD ROGERS.

president Of the Oriental Building
Association. the oldest home loan
group IN the city. at its annual meet
ing yesterday afternoon.
Ralph A Xander was reelected
secretary and John George Kolb
treasurer of the 8O-year-old insti-
tuition.
One new member, William H.
Grass. was added to the board, and
all directors were reelected. Mr..
Grass is assistant manager of sales,
Bethlehem Steel Co. He is a ma
tive of Washington, is well known
in business, fraternal and athletic
circles. He is a past president of
the Potomac Boat Club; past COM
mander, Quentin Roosevelt Post,
American Legion; director and
trustee. German Orphan Home, and
secretary Hiram Lodge of MaSons
Orientals directorate, in addition to
M Grass, include Carl c. Haneke,
John j. Kolb. Thomas B. Young,
Louis c. Dismer. c. Albert Parker,
Dr. Frederick Morhart, Fred w
Schneider and Mr.. Bauman, Mr
Xander and j. G. Kolb
The report of the secretary dis
closed that resources had reached
an all-time high, being in excess of
s6,740000. The association is a men,
Der of the Federal Home Loan Bank
system. the United States Savings
and Loan League and the District
of Columbia Building and Loan
League
Store Sales Above 1940
Department store sales in Wash
tngton during the week ended May
81 were % per cent above sales in
the week ended June /. 1910, but
were 10 per cent below sales in the
preceding week ended May "a, l941,
according to a report by the Fed
eral Reserve Bank of Richmond.
This compares with sales in 10
leading department stores through
out the fifth Federal Reserve dis
trict, which for the week ended
May 81 were Is per cent above
sales in the week ended June l.
1940, but were 6 per cent below
sales in the preceding week ended
May "a l94l.
For the same weekly period Balti-
more showed a gain of % per cent
over the 1910 comparable week. but
q decline Of 4 per cent from the
previous week this year
For the four weeks ended May
iyO
of "a per cent over the four COM
parable weeks in 1910 while Balti-
more an 18 per cent gain; other
cities in the district, 10 per cent in
crease, and all 10 stores of the
area, a 20 per cent gain for the
same period.
National Index Up.
From the Board of Governors of
the Federal Reserve System today
came reports showing that for the
country as a whole the seasonally
adjusted index of department store
sales advanced from 104 in April to
106 in MAY. based on the index of
sales for the 1925 average at 100.
This was a jump from 80 in May
of 1910.
Comparable figures showing the
change from the corresponding pc
riod a year ago for the Richmond
district, including this city, show
that the increases were 25 per cent
for the week ended May 81, rs
per cent for the week ended Nav
"a. per cent for the week ended
MAY II. Is per cent for the week
ended MAY 10.
Comparing the four weeks of this
year with last years similar month,
the Richmond district showed de-
partment store sales gained 90 per
cent for the four weeks ended
MAY 81, 81 per cent for the period
sending April 26, u per cent for the
Jperiod ending March %, II per cent
sfor the period ending March l.
q For the year up to and including
aMay 81 the Richmond district
SHOWED a gain in department store
ssales of 20 per cent over the similar
s1940 period, which was per cent
higher than the IA per cent average
.for the United States.
. Agents to Be Honored.
> Plans are being made for presen-
station to j. D. Marsh and E. R.
sHough, Washington representatives
sof the Lincoln National Life In
,surance Co. of special awards dur
ing their company's convention at
Hot Springs, Va, June "a.
They will be given engroSSed
plaques, gold record emblems and
other awards in recognition of their
outstanding sales work" of the past
10 months. Presentation will be by
A. L. Dern, vice president and di-
rector Of agencies of the company.
Bank Displays Hobbies.
A hobby exhibit of officials and
femployes of the Hamilton National
sBank is attracting much attention
an the safety deposit room of the
main Office at Fourteenth and G
streets NV.
A 35-pound mounted tarpon
caught in the Everglades in Florida
is the exhibit by E. C. Graham,
president of the bank
Lois A. White, secretary to PreSi-
dent Graham. who recently was
elected president OF the Pilot CLUB
of Washington, organization of bust
ness and professional women, ex-
hibits several cutWork embroidery
pieces. Among other hobby displays
are rs kittens of china. cloth and
other materials by Juanita Bou-
LANCER of the transit department;
ship model. bookbinding materials.
paintings and a collection of pistols
by Arthur j. Lynn. controller of the
bank; woodwork and painting by
George F. Hoover. manager of the
northeast branch of the bank; in
terror decoration by Irene Dodge of
the trust department, and many
others.
Sales on the Washington Stock
Exchange today included go shares
of Mergenthaler at 81 and 108 shares
of Capital Transit Co. at 154, both
after call
S16.17O,3OO Bonds Approved.
Dl1rinp tho month 0f Nav the