Evening star. [volume] (Washington, D.C.) 1854-1972, 1944-10-08

he was educated In military acad-
envy at Armour Institute and at
Northwestern University where he
received a law degree in 1907 and
was admitted to the bar in the same
year. He is former president Of the
Illinois Bankers Association and
has served on the ABA Executive
Council.
Acacia Sales Up Sharply. u.
Sales of the Acacia Mutual Life
Insurance Co. in September amount
ed to s7.710,000, bringing the total
for the first nine months Of this
year to s64 SAC, 900, compared with
SAG, 10000 year ago, an increase of
38 per cent, President William Mont
gomery announced. @V
September was the 18th consecu-
tive month in which sales exceeded
the same month in other years. In
surance in force on September 80
amounted to 1851 100 900, another :
all-time high mark. tot
Mr.. Montgomery added that the
company continues to maintain a
lapse rate we'll under per cent.
Loan League Chief Nominated. ."
w. Megrue Brock, Dayton, Ohio,
was nominated yesterday for presi-
dency of the United States Savings
and Loan League, which will elect
officers at the annual meeting in
Chicago, November 1915. For first
vice president, the committee nomi-
mated James P. Irr of Baltimore, now
second vice president
Mr.. Brock is president of the $780,
600 900 Gem City Building g. Loan
Association of Dayton, has been vice
chairman of the Federal Home Loan
Bank of Cincinnati since 1886. and
last year was president of the Ohio
Savings and Loan League.
Preston Hunt Treasurer.
w. Preston Hunt was elected treas
urer of the National Permanent
Building Association at the annual
meeting Friday, succeeding Willard
T. Dixon, named a director A ma
tive of Culpeper, Va, Mr.. Hunt has
been with the association since 1927.
Robert E. Buckley was reelected
president, Joseph F. Zegowitz. vice
president; r. M. Brown, secretary,
and j. F. zegowitz, jr.. assistant
secretary. Directors include Willard
T. Dixon F. l.. Neubeck, A. C. Ham
mer, j. E. Collifiower, C. M. WAL
hngsford, George H. OConnor, j. H.
Stadtler and C. j. Mack.
Appraisers to Hear Schultz.
Washington Chapter, Society of
Residential Appraisers, will hold its
first dinner meeting of the fall
winter season tomorrow evening at
the Mayflower Hotel. A reception at
6:l5 will precede the affair. Secre-
tary r. Lee Baxter announced yes
terday that the principal speaker
will be August B. Schultz, past presi-
dent of the national organization.
November 3 has been set as the
date for redemption of the 515 per
cent preference stock of the Grey
hound Corp, stockholders have been
notified. Redemption will be at the
call price of Sill, plus accrued inter
est, through the Bankers Trust Co.
OF New York, after October 16.
Capital Store Sales Rise,
For the week ending September
80. department store sales in the
Capital were 10 per cent ahead of
the like week last year, the Federal
Reserve Bank of Richmond an
nounced yesterday. This was far bet
ter than the per cent gain in the
9TH district. Sales, however, were
lower than in the previous week this
year.
Cumulative sales for the four-week
period ending September 30 were Q
per cent ahead of last year in the
Capital and in the 5th district, the
survey said. Sales in the Richmond
district in the first nine months of
1914 were per cent above l943.
Underwriters Open Season.
Vernon w. Holleman, president of
the District Life Underwriters As
ISOLATION announced yesterday that
Ellsworth A. Roberts, president of
the Fidelity Mutual Life Insurance
Co. of Philadelphia, will be the guest
speaker at the first luncheon meet
ing of the year to be held Thursday
noon at the Willard Hotel. Thanks,
Mr.. Agent" will be his subject. He is
one of the outstanding insurance
men Of the country.
During August the Nations vol
ume OF non-farm mortgage financ-
ing reached new high for the war
years, the Federal Home Loan Bank
administration reported yesterday
S43l 600 O00