Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-01-10

dpUQI UWO WCCho.
Mr.. Heming- W. L. Hemingway.
way urged effective operation of the
bank ration system to assure the
fighting men of Americas ermed
forces an adequate supply of FOOD
and to provide for the equitable dis
tribution of scarce commodities at
home, thereby erecting formidable
barrier against the destructive forces
of initiation"
He added that ration coupon
banking which opens on January q
is only for the use of distributors of
rationed commodities. These dis
tributors, such as dealers and whole
salers, will be required by the OPA
to open ration bank accounts" in
the banks with which they custom
arily do business The system will
not affect other bank depositors or
the general consuming public In
any way, except to help secure for
everyone a fair share of scarce COM
modities.
All individual customers will con-
tinue to obtain ration allotments
and coupons from their local boards
and spend" their coupons in the
stores as they have been doing. The
ration bank accounts will have
nothing to do with the regular mon
ey or check accounts in the banks,
Mr.. Hemingway explained.
d. C. Bankers Await Rules.
John A. Reilly, president of the
District Bankers Association, stated
yesterday that the individual banks
are arranging for the printing of
ration banking deposit slips. checks,
signature cards and transmittal let
tiers, the OPA to reimburse them
for the expense. The banks are
awaiting detailed instructions from
the special ABA committee on uni
form methods by which the new
service is to be handled.
The ration checks will be cleared
through the Federal Reserve Bank
of Richmond. Hugh Leach, the
banks president, notified the Wash
ington banks yesterday of the
routing symbols" which will be
printed on the checks. All checks
are to be cleared by the II Reserve
banks except where such checks
may be handled through local clear
ing house arrangements.
Washington bankers appeared less
alarmed yesterday over ration cou-
pom banking than when it was first
announced. Limiting the initial
service to gasoline, sugar and coffee
will greatly simplify matters at the
start. The rush will come later
when the system will be greatly eX-
banded.
Mutual Fire SO Years Old.
The Mutual Fire Insurance Co.
of the District of Columbia is SO
years old today, having opened for
business on January 10. 1855, under
charter signed by President
Franklin Pierce. Officers said yes
terday that the past year showed a
splendid increase in business.
Present officers are Charles Kat
telmann, president; Charles M.
Boteler, vice president; L. Pierce
Boteler, secretary, and William
Reed Macgill assistant secretary.
Secretary Boteler on February l
will have completed At years OF
service, exceeding the record held
by the late Matthew G. Emory who
served 46 years as director. Mr..
Macgill has been with the company
more than 43 years.
Directors include Charles Kattel-
mann, l.. P. and c. M. Boteler
Charles F. Crane, Robert E. Buck
lev. w. A. H. Church and Oliver T.
Carr.
d. C. Men to Address Shippers.
Three Washington men will take
a leading part in the annual meet
ing of the Atlantic States Shippers
Advisory Board at the Hotel Astor
in New York City on Thursday
They are M. j. Gormley, executive
assistant of the Association OF
American Railroads; o. c. Castle
associate director of the division OF
railway transport of the Office OF
Defense Transportation, and Henry
E. Stringer. vice president of the
Hydraulic Press Brick Co.
All of these men will speak at the
morning business session. Mr.
Gormley will talk on the national
transportation situation, Mr.. Castle
will discuss ODT Order 10 and Mr.
Stringer will tell of the activities
of the Washington Freight Car
Efficiency Committee, of which he
is chairman
The l943 transportation outlook
will high light the discussion, and
the principal speaker will be John
M. Fitzgerald, vice chairman of the
Committee on Public Relations OF
the Eastern Railroad Presidents
Conference.
Appraisers to Hear Lusk.
Rufus Lusk will be the chief
speaker at the monthly meeting OF
Washington Chapter, Society OF
Residential Appraisers. Tuesday
evening at the District Title Co
Offices at 8 o'clock. with F. Wilson
Camp, president, in the chair. He
will speak on the Effect of Gov
eminent Housing on Postwar Real
Estate"
Alvin Buettner, formerly manager
of the Washington Office of the
Allied Van Lines, has joined Smith S
Transfer g. Storage Co. as mainte-
nance manager, President A. c.
Smith announced yesterday.
Sales of McCrory Stores Corp. in
December were 1l.3 per cent ahead
Of the preceding year and were up
1871 per cent for the year, it was
announced yesterday.