Evening star., 1945-11-18

,uiIding and Loan
league Committees
BY EDWARD c. STONE.
Rudolph w. Santelmann, presi-
dent Of the District Building b
Loan League, yesterday announced
appointment Of 10 important stand
ing committees for the ensuing year.
Heading the important Law, Lcgis-
lation and Taxation Committee is
the veteran home-loan leader, G..
Clinton James, with Chaplin B. Bau.s
man, vice chairman; John j. Carr
mody, James G. Wilkes and Charles
T. Clayton. Other committees and
their chairman include:
Budget-Edward C. Baltz. chairman;
Carl J. Bergmann, vice chairman; William
W. n: Payne: jr; Clarence z.
f. Dyer. onss ssai1man: r. Died sd-
ward Early, vice chairman; Fred A. Smith.
G; G;,,,,. q James; Allen c; Adams. Raymond g.
ment| HawIey Smith, chairman. How
ard z. Thompson, vice chairman; Martin
eSs. : EaEs Bsrls Lee sa.'sE 5oan m9raf: s.
THOMAS, William Dyer. John Thompson.,
- Membership = Joseph 7. Fitzgerald.
man: R. L. Houston Jones. g. Gay Har.
rell z. NJ; Emmerich, Carl emuck. Reso-
luti1ns-chaDin 9aa.. p; Baumsn. chairman; z.
brown war War Bond M a commistsMs.Edwsrd 1ns; M Sna e. 9.
sn Bss. ea:imsn . w. r. bsls1a cs shsir-
=. g. Baltz, vice chairman; Edward <.
Senior Advisory Committee to Washing.
Institute-Clarence e, Kefauyep chair
Bsltz Eirfmann Elinsson. xifs faasPPIan: Payne::
Gwsi,sd III M II Glanz; e.. Advertising and publicity
John ]. Kolb. Audit section-William II.
Rippard, chairman; William E. Poulton.
vice chairman; Herman Schwertner, d. B.
Thomas, Lee Baxter.
Late afternoon hours on Thurs
days, which were adopted by the
associations when department stores
were keeping open an evening q
week, have been discontinued.
Need for the late hours seems to
have passed, Mr.. Santelmann said.
With the Government employees on
a flve-day week, the associations are
now transacting more business on
Saturday mornings Some Offices
are doing three times more business
than handled previously.
Trust Committees Named.
Earl G.. Jonscher, president Of the
Washington ID. c. Life Insurance.
Trust Council, which Is composed Of
Representatives of banks and trust
companies and life insurance un-
Iderwriters, has assigned the years
work to the following committees:
Program and Meeting-Roger l. Bald.
yin, chairman; Aubrey Q. Dooley, william
FHEsneh; HsIsm;.i T., aon. Tnoma. a. Grant g: Vernon
pierkoph, Roger E. HoIlingsHorth. ]. Alan
liz Underwrit.rs and trust Hsn E.
r. Lawrence choste. Leopold V. Freudbers,
B. shaw. Samuel ). Sugar. -
Membership1Iestss A; lawrence, ehair.
iESst, IHfspa MiI o.n Wrs sTsn e. ehss. Ms
William ". simmons. Nominatins@J..
Re Vstor Ds5SsI. John e Ss.
Elfresh.
The first meeting will be held
Tuesday, December 4, the speaker
being Cloyd II. Huffard, second vice
| president Of the Chase National
4 Bank.
| Directors Honor Messef.
Directors of the Columbia Ma
tional Bank, at their. meeting Thurs.
day, presented James A. Messer, re-
firing vice president and director,
a handsome gold watch in honor oi
his long and highly valued service
| to the bank. Mr.. Messer started
with the Columbia as a runner, OF
messenger, and later rose to the
presidency Of the institution. Ir
recent years he has served as vics
president and as member of thu
board, retiring on account Of III
health.
| Frank J. Stryker. president, pre-.
sented the gift to Mr.. Messer.,
Servicemen Return to Bank.
j Howard I. Beau, former cashier ol
the Anacostia Bank, who resigned
to enter the Navy, has completed
three years service, returned to thu
bank and resumed his former posi-.
ton. The directors reinstated hin
at meeting Friday. b
i John M. Harris, who was In thu
maritime service during the war. hal
completed his assignment and re.
turned to the bank. He was pro.
NOTED to the position Of assistant
cashier, Vice President S. Wilson
Earnshaw announced.
i Capital Store Sales Climb.
Department store sales In Wash,
ington for the week ended Novembel
10 were 2 per cent ahead of the cor.
responding week q year ago, Will,
the gain In the fifth district was
per cent, the Richmond Reserv,
Bank reports. Capital store sale
were of per cent from the preced
ing week.
Cumulative sales in the four week
ending November 10, in this city
were per cent higher than a yea
ago, the same advance being regis
tered in the fifth district and II
Baltimore.
Bank Stock Hits New Peak.
4 American Security 81 Trust CO
stock sold at 295 on the Washington
Stock Exchange during the week, +,
new 1945 peak, and up 20 point
since the last previous sale. Tw
shares changed hands.
Ralph w. Lee. jr., viii preside q
the annual dinner of the Insuranc
Club Of Washington tomorrow nigh
at the Statler Hotel. The Dime
J will set new attendance record.
"A reception will precede tn
monthly dinner of the Washington
Association Of Credit Men at tn
I Lee Sheraton Hotel, tomorrow eve
1 ming. Harry Beach will preside.
n Brig. Gen. Leonard p. Ayres
Cleveland economist, declares in hi
monthly review that "there ism
I any way to put costs up, and to hol,
prices down, and be prosperous Will
doing those two things. Such al
economic policy would promote stag
1 nation"
1 The Nations nonfarm mortgag
financing for the first nine month
Of the year reached nearly $4,000,
{ 000, 1000, gain of 16 per cent owe
the like 1914 period, Federal HON
: Loan Bank officials announced yes