Evening star., 1941-09-17
Training Of Women
For Defense Plants
Urged by Speaker
Mary Anderson Asks
Bank Women to Back
Federal Progrom
By EDWARD c. STONE.

Federal rro9rom
BY EDWARD c. STONE.
Women members of the Washing |
ton Chapter, American Institute of
Banking. were urged to help obtain |
special training for women in de-
fense industries by Miss Mary An |
derson. director of the Women's |
Bureau. Department of Labor, at |
the annual dinner of the Womens |
Committee, at the MayfoWer Hotel |
last evening. More than 200 bank |
women and their guests were pres |
ent. Miss Leona Dreager, Washing |
ton Loan & Trust Co., presiding.
With the exception of the World |
War there have been no other pc |
riods in our history where the op- |
portunities for the employment of |
women in such large numbers and in |
a variety of occupations have been |
so great, Miss Anderson asserted. In |
many areas an actual or anticipated !
shortage of male labor has led many |
employers to think in terms OF |
women workers for number OF |
manufacturing processes.
For the first time in years instead |
of women beseeching, cajollng, |
pleading with industry to make |
room for them. industry is looking |
for women workers the speaker con- |
tinued. There is only one catch to !
it all-the necessary training. In |
most manufacturing establishments |
there are a number of relatively |
light operations in which women |
could be used if they were we'll
trained. Much has been accom-
plished already but there is much
more to be done, she said.
"Humanizing Efforts" Lauded.
Miss Anderson congratulated the
bank women for "humaniZing bank
ing services by bringing them closer
to the family and the home and by |
meeting the investment needs and |
problems of women" A number |
from your ranks do commanding |
work in financial institutions, she
added. venturing the prediction that |
more and more Of the highest bank
ling positions will be thrown open
ito women in the near future.
E Other speakers included John M,
HChristie, president of Washington |
SChapter and Kenneth BirgfelG, vice
FpreSident and chairman of the Edu
fcational Committee Among the
Especial guests were A. Scott Offutt,
fsecond vice president of the Dis
( strict Bankers Association. and
Ralph Endicott, member of the in
stitute faculty.
4 Assisting Miss Leona Dreager,
chairman Of the Women's Commit
stee. were: Mrs. Frances Redman, vice
sChairman; Miss Dorothy Werner,
Miss Rose Royce, Miss Katharine
eMcCalmont, Miss Eleanor Dank-
smeyer. Miss Helen Freeman. Miss
Sophia Karydakis, Mrs. Lou Swain,
Miss Miriam Fort. Miss Elizabeth
Morford. Miss Donna Mulloy, Miss
Margaret Allison, Mrs. Irene Nc
rNally, Miss Helen Hogan, Miss Ann
Crawford. Mrs. Elizabeth Rowzee,
Miss Jeanne LIE Gendre, Mrs. Cert
rude Wick, Miss Margaruite Detterer
and Miss Elizabeth A. Davidson.
Lincoln Service Expands.
The Lincoln Service Corp, in
dustrial bankers, today announced
the purchase of the Universal Dis
count Co., Inc, of Pittsburgh, and
also the accounts receivable of the
International Finance Co. of the
same city. The corporation will con-
ti1ue the business of the two COM
panies under the name of Universal
Discount Co.
For the first eight months of 1941,
the Lincoln Service Corp. reported
an increase in volume of business of
306 per cent over the like period in
1910
Charles Delmar is president of the
company and the head Office is in
Washington.
Bank Votes Usual Dividend.
Directors of the American Secur-
ity & Trust Co. have declared the
regular quarterly dividend of per
cent, payable October 10 to stock
holders of record September 30,
President Corcoran Thorn announced
today. The meeting was held yes
terday.
General Baking Co. has declared
a Is cent dividend on the common
and the regular quarterly dividend of
So share on the preferred stock,
both payable October l to stock
holders of record September "a. The
same amount was paid on the COM
mon on July l.
Sales of American Stores Co. for
August totaled S13,0l9 900, as COM
pared with S9926,895 a year ago, an
increase of $3,093014 or 311 per cent.
In the first eight months. sales
totaled 98,429, ,426, against S85, 1914
06l last year, an increase of S12,-
615,365, or 147 per cent.
Smith Heads $4,000, 900 Drive.
ST. Louis dispatches announce that |
Tom Smith, president of the Boat !
mems National Bank, and former |
president of the American Bankers |
Association, has accepted the ma
tional Craftsmanship of the 194l |
Community Mobilization for HUI |
man Needs.
Mr.. Smith, as chairman, will lead |
q Nationwide educational program |
from October 8 to October 25, urg- |
ing support of voluntary social |!
agencies through local Community |
Chests A total of $95 100000 will be |
sought by 597 Community Chests !
to meet welfare needs for the COM
ing year
Mr.. Smith lived in Washington |
for a considerable time while he was
a special official in the Treasury.
Todays Trading on Exchange. |
Trading on the Washington Stock |
Exchange opened today with $500 |
transfer in Capital Traction IS at |
1051s, off a fraction from the last !
sale.
In the stock division, the most i'm
,,4s L.