Evening star., 1941-07-23
DC. Brokers Buster,
Initiation Prospect
Seen as Factor
Market Revival Boosts
Attendance in Capitol
Bourdrooms
Bv HAROLD B. ROGERS.

Washington stock exchange houses
have shown pickup in attendance
and increased interest in the mar
ket within the past few days, ac-
cording to brokers'
One of the reasons for the revival
of buying, according to local brokers,
is the feeling that initiation of
restricted degree may be just around
the corner.
Some impetus in this direction
was given this week by no less than
P. D. Houston, president of the
American Bankers Association, who
said here he thought some imitation
was inevitable. Discussion of inf1a-
ton has been general within the
past few days despite the efforts of
Office of Prices and Civilian Supply
and pending legislation to control
price soaring.
Brokers say that some investors
have expressed themselves as ready
to put their cash into substantial
investments before any perceptible
imitation gets under way. Other
brokers explain their Office is def
nitely publish on the "long-range'
view"
Albert N Williams of New York
City, new president of the Western
Union Telegraph Co. was in Wash
ington today. comforting with Off
cials at the local office. He recently
succeeded Roy B. White, who be-
came president of the Baltimore g.
Ohio R. R.
j. D. Marsh, Washington general
agent of the Lincoln National Life
Insurance Co, ranked fifth among
all sales representatives of the COM
pany in personal paid production
during the month of June. This
marks the second time this year Mr..
Marsh has been named among the
company's national monthly leaders.
Thomas N. Leef, formerly of the
Hamilton National Bank and other
banks of Washington, has become
associated with Ferris Exnicios &
Co, Inc, it was announced today. !
He is 36 years of age, native of
this city, attended Central High |
School Southeastern University and |.
the American Institute of Banking. |
He is prominent in local musical |
circles, is a soloist at St. Adams |
Episcopal Church and sings each |
Sunday night over Radio Station |
WWDC.
Anacostia & Potomac 5s sold on
the Washington Stock Exchange at |
l07l4 today, the only transaction |
during the session.
Paul D. Sleeper. general agent for
the Aetna Life Insurance Co. for
this area, announced today that
many members of his agency have
returned from the company's annual
national conference at the Cavalier
Hotel, Virginia Beach, Va. where
the local agency was the leader in
having six men who qualified for 10
or more years for these meetings.
The men are F. N. Stricklin, H. |
Cochran Fisher, H B. Mcclure, C.
B. Myers, j. L. Richards and l.. E. !
Harris.
In addition M L. Bloomberg, |
Howard Nordlinger, E. M. Crump, |
s. H. Parkins, w. z. Lee and E. L. |
Ayres were among the companys |
leaders and were qualified delegates |
Others who produced the necessary
business to receive an invitation to
the conference we're S. w. Rathburn, |
B. A. Wallersteln, w. K. YourdOn, !
A. j. Flacomio. Sherwood Parsons, |
F. B Nichols. D. J. Holbrook, J. NJ |
Weaver. R. C. Boswell and B. B. |
Burroughs.
Charles H. Doing. vice president |
of the Washington Loan & Trust |
Co, is vacationing with his family !
at Cape May, N. J..
George M Fisher, vice president
OF the Washington Loan g. Trust
Co, is spending his vacation at
Atlantic City, N. j.
Fred Mckee, vice president of |
Security Savings & Commercial
Bank, has returned from vacation
at Anne Arundel on-the-Ba
T. E. Norris, assistant cashier Of
the City Bank and manager of the
Connecticut avenue office, has left
for vacation in New Orleans.
Financial District Notes.
Miss Mary Craven, secretary to
Joshua A. Evans, vice president of
Hamilton National Bank, returned
to the bank today after recovering
from injuries received recently while
on a railroad trip.
National Gypsum Co.
National Gypsum Co. and Subsld-
iaries reported net profit of S423, 1872
for the June quarter after provision
of $4,000 for normal income and |
excess profits taxes, equal to 26 cents
a common share. compared with
S5i7o91. or 35 cents a share, in the
1ike loan eIyartar