davidaulloa/AmericanStories huggingface dataset:
Evening star., 1947-02-28
Business Briefs

Western Union Telegraph Co.
reported an operating loss of
$11 ,000, 500 for 1916. This con-
trasted with net profit Of $4,434,-
sos the year before.
Automobile and Truck Production
this week will total 104,802 units,
compared with 103, 400 the week
before. according to Wards Auto
motive Reports.
/ International Harvester Co. an
nounced the sale Of the plant and
equipment of its Wisconsin steel
ore mines near Hibbling, Mimi, to
cleveland-Clif Iron Co., effective
tomorrow. The mines have not
operated since February 6, 1916, be-
cause of strike by the CIO United
Steel Workers.
Continental Oil Co. announced
cost-of- Living bonuses of from $25
TO $35 g. month for all employees
earnings up to 5000 year for the
nix months ending August 81, 1947
Robert r. Young, chairman of AL
leghany Corp, says he will talk
with Martin w. Clement, president
Of the Pennsylvania Railroad, with
In a month regarding the sale of the
Nickel Plate Railroad to the Penn
sylvania.
/ Department store sales increased
by go in the week ended February
a despite heavy snowstorms along
the Atlantic Coast.
National Production will amount
70 500, 900 ,000, 900 this year, accord
ing to the Office of Temporary Con-
trols-s1o,000, ,000,0O0 more than last
year.
Continental Distilling Corp. filed
suit in New York Supreme Court
to enjoin retailer from selling
whisky and gin at cut-rate prices.
Gasoline Prices are to be raised at
terminals of the Standard Oil Co.
Of New Jersey by 0.3 cent gallon,
effective tomorrow
Monsanto Chemical Co. reports
net. income of $1o984,149 last year.
equal to s237 a share, compared
With $5,3l8,003, or $1.16, the year
before.
! Mesta Machine Co. net was s2,-
565, ,044, or $2.56 share, VS.. $3,153,-
Al. or S3.15.
+ Safeway Stores earned $11,413, ,626,
a.ss. & ss'' snare w. s''''1'''' u
fColumbia Pictures Corp. net for
the 26 weeks ended December &c
vas $1,56o, 900, or $225, VS.. $685.
600, or s2o1, for the similar period
ii the previous year.
fMonarch Tool Co. earnings for
ie46 were s678.476, or 1928 per
share, VS.. $560226, or $2.66, in 1945
industrial Rayon Corp. earned So
ae2 ,040, or S5.66 a share, VS.. $1.31
g share In 1945.
sM. A. Hanna Co., Cleveland, re-
ported 1916 net profit of $5,611 ,654
OF $5.05 a share.
Boston Fund reported net assets
at the end of its fiscal year January
81 totaled $24 4,148, SAT, equal to $20.89
a. share.
Anaconda Copper Mining Co. or
dered a dividend of so cents, pay
able March % to common stock of
record March 10.
s{Ahhott Laboratories voted an ex-
tt4M 80 cents and regular quarter
IL dividend of so cents, payable
Apvu is on stock of record March 81.
lMeKesson e. Robbins, Inc, declared
artArterly dividend of 60 cents,
payNhIe March Is to holders of
record March T.
E4faips- Jones' Corp. declared So
cent dividend, payable March u to
holders of record March 6.
Evening star., 1947-02-28
Market AVERAGES
New York Cotton

NEW YORK, Feb. 2S 0P.-Cotton fu.
lures were irregular in moderately active
dealings today. Traders appeared dis
turbed over reports that the Government
the cotton export subsidy. This caused
nervous liquidation in early dealings
which depressed prices. more than 1 90 o
bale. Later the market moved upward
on mill buying against textile sales and
commission house buying in the new croF
months.
Gains in the nearby deliveries were
limited by profit-taking and persistent
hedging against increased sales of spot
cotton at primary markets
Late afternoon prices were go cents q
bale lower to 10 cents higher than the
previous close. March, 34.4S; May,
1895, and July. 81 40
Evening star., 1947-02-28

Lie insurance
Association of
America, w il
liam Montgom-
cry, Acacia pres
! d e n t an
nounced today.
II e replaces
the late Dave E.
Satterneld, jr.,
who previously
served hve terms
in the House
from the third
| district Of Vir-
ginia. with
Acacia "a wears.
AZ "hn~a u a
Evening star., 1947-02-28

native OF New York and graduate
Of Lafayette College. He Joined the
Acacia staff while studying law at
Georgetown.
He Is q member Of the District
and American Bar Associations,
American Life Convention, D. c. Life
Insurance Trust Council, General
Agents and Managers Association,
District Life Underwriters Associa-
tion, Board Of Trade, Grace Episco-
pal Church, Woodside Park Civic
Association and Manor Country
Club.
Evening star., 1947-02-28
Money In circulation decreased

Money In circulation decreased
81, 900 900 in the week ended We'd
nesday to a total Of $28, ,262 ,000, 900,
the Federal Reserve Board report
ed. This was $4,000 under the
low point reached January 20 after
a month Of steady decline.
Dan River Cotton Mills, Inc, re-
port for 1916 record sales Of $77,-
345.6176S, and record net profit Of
$0062 ,2OO.2l.
Evening star., 1947-02-28
Foreign Exchange

NEW YORK. Feb. % OR.-Foreisn ex-
lars, others in cents):
Canadian dollar in New York open mar
ket 4is per cent discount or 95.06A
Europe-Great Britain. 4.02is. up il Of
q cent; France Hrancp, .s4A, UNCHANGED;
Sweden fkrona), 27.S5. UNCHANGED; switz-
changed. =
Latin Notwithstanding. free, 2442.
UNCHANGED; Brazil. free, $50, unchanged;
Mexico, 20.64. unchanged.
Evening star., 1947-02-28

Int T&T zhe b21o1
Kan C Sou4s 76 1o%
lL8&NB 8Ms o. 1o3N
|LautroNit inc76 90
|Leh vi 6s2O03st @0M
Leh Val A zoos 39h
Long 1l # 4s49 1o3A
Nanati 9ug4s67 o2N
as
Nichcnt 4hs79 -
MKT 81 o2 A 001h
MKT adj 5s67 -
mo Pac 5hs 40 ~
mo Pac IS so II TN
Mo Pac gn As rs -
Hof&E3 hs2nth 81
IN o Term A. So los
NOTM 51as54ct 05
NY QEp 3as66 1o4
|NYC 41as2O13A -
iNY Law Is 70 7oA
|NYNH&H As 81 1sA
NYOW RI 4s82 IL
|NYO&W sn4s65 ~
NorPae4 hs2O471 1ooiA
Ohio Eds 81 "A 1o6iA
Pac G&E IS ~ 10TH
Pennc nctAir3Has6o 59A
Penn P&Lt 3s7b1o5A
PennRR gn6s6S 116h
eennRR c4lks6C 1214
eennRR z4AsS11oois
PittsC&C3 hs65 1oo3t
9eadinE 3As 95 o7h
IStLSF 4As2O22 5zH
IstLsanFrn4s97 eolA
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|SoPac 3 2As 81 92A
80 Ry 61as 66 1874
Std dOilNJ2sss71. 9eA
Tex&NOrl3Ae0 e7h
On Pac ] st4s4slooaN,
Walwth 3As 76 -
ward Bk 5kss70 1854
West On 81 81 g
West On Sa 80 82N
Wise Cent As 40 66ih
Evening star., 1947-02-28
W.R. & T. Net Income
Lower During 1916,
Annual Report Says
By Edword c. Stone

Washington Railway & Electric
Co. s annual report. out today, shows
net income of $2,981 ,551 in 1916,
compared with $3,104,198 in 1945,
principally because the $225 900 de-
crease IN dividends received from
Potomac Electric Power Co. was not
offset by comparatively small In
creases in its other dividend income
and q tax refund of $110,543 received
during 1916. 1t paid dividends of $50
per share on common stock in 1916
as compared with $40 in 1945.
The report points to progress in
the company's program Of simplif1-
cation, marked by the sale of all
the capital stock of Braddock Light
g. Power Co. to Potomac Power.
The pamphlet includes the annual
report of Potomac Electric Power
Co. and financial statements of Cap
ital Transit Co.
Power Revenues CAIN.
- Potomac Electric Power Co.'S re-
port shows gains of lot per cent IN
kilowatt-hour sales and 4.56 per
cent In revenues. Operating revenue
of $24,169,577 in 1916 was up by
s1,054,471 over 1945, as compared
with increases of 81 1906 in oper-
ating expenses and deprecia ton, and
a decrease of 1922 ,976 in taxes.
; After other deductions, the bal
arce Of income available for divi-
dends on common stock and for ad-
ditions to surplus was 5000 $50 In
i946 as compared with $3,679, ,406
In 1945.
Long pending litigation with re-
spect to rate reductions and other
changes prescribed by the 1914 order
ef the Public Utilities Commission OF
the District of Columbia reached a
stage of final determination with
the filing by the company in Feb
ruary, 1947, of a petition in hte ST.
preme Court of the United States
for a writ of certiorari to review the
decision of the United States Court
of Appeals for the District of Co
lumbia, which had sustained the
commissions order.
A. G. Neal, president, says the
company expects to spend SIT $780,
600 for construction in 1947. The
company plans temporarily to
finance $4,000 900 of these require
inents under a bank credit agree
ment and expects to raise further
funds through long-term bonds,
earnings and reserves.
Insurance Limit Demanded.
The National Association of Life
Underwriters is demanding that
Congress set a definite terminal
date for life insurance being offered
to peacetime recruits in the armed
services.
This demand was reported by
Philip B. Hobbs, of Chicago, ma
tional president, in an address yes
terday before the District Life
Underwriters Association at the
Shoreham Hotel. He declared the
Government insurance Is in very
keen competition with private insur-
ance and should not be continued
indefinitely in times of peace. The
terminal date already has been ex-
tended, making a serious threat to
free enterprise, he asserted.
The February luncheon drew 313
members and guests, record turn
out. w. Neal McCord, president, In
troduced about 20 heads of other
business organizations in the Capt.
tai.
ID. C. Bank CIearings Soar.
Bank cIearings in Washington in
February totaled $239.049,317.61
against s214,598, 1879 In the same
month last year, a gain Of s24, ,451,-
1862, George H. Bright, clearing
house manager. reported today. I
Evening star., 1947-02-28

| 2Ms 72-o7 De 1o3
| FOREIGN 2:3o
| Australia 81 81 1o3N
Australia3hs36 oeN
Copenhagn 6s52 95
Denmark 90 a. 9oh
Norway 4Ns 66 1o5
Peru list q 60. 1eM
DOMESTIC 2:ao
Am T&T2Ns 81 116<
Am T&T 24zsSu 1ol
AmTAr 2hs Sc eotd
ATSP 4s 06 1Jo1z
B&O 1000 D. 67N
B&O % p 67LA
B q o cv Co. 56h
B&O II 46 100
Bang ! en- Il 81 97N
BklynU g 2N761o1lG
Celanese 80 66 1o@
Cent Ga en- 6s45 6@lh
c r r N ] 81 81 -
ChiI&L Snc4s83 6A5k
CM5tP4Ms2OlD e3At
cNStP4Ms2O44 5oX
Chi&Nw AMsoa 7oN
GRIP 4Ms 81 4 S3N
GRIP zhs 90 2zN
GRIP RI - - 80
cinunTr2As74 loAA
cCC etL 4Ms77 7oN
clev Il NJ IS 70 1o0A
Col d 30 1850 80
Coinwl I'd % ~ 1ooi
tDay Pal 2As751o5A
Del & Hud 4s 63 95zt
Del Lk&w ines 80
Del p d L So 70 1ooh
Dn&RG AIS SO 63h
Dn&R0 ~ SO 61N
Erie Ans 2016 761h
Fl& Est est 6s74 g
| 0M&O B2044wi 60h
Hud&M In IS 81 2o!h
c 4AS 66 -. e.
ICCStLou bs63A -
ICCStLo AMs63 o7h
Int Ct Nc o. 81 25
lnt HydroEl tss441o1M
Evening star., 1947-02-28
S0les

Hourly BaIeS on Inc ExchanGe Today:
IL 100 an. ITO 600 1900 noon 2eo 600
100 pm. $50 600 200 pm 40 oool
ruptcy or receivership, or being reorsanizedI
under the Bankruptcy Act. or securities
assumed BY such companies. Rates of
Disbursements based on the last quarterly
or semiannual declaration. Unless other
Wis wise n9ted. spesial or % extra dividends arsI
Q Also extra or extras. b Plus stock divi-
dend. d Cash or stock Paid last year
Tar this. year. b psyabie In. csnadisnl
funds. / Accumulated dividends paid cei
declared this 1oa4.
Evening star., 1947-02-28
THE EVENING STAR Washington. D. C. ..sA-1a
n 100 - AZ
Monro Urges Public
10 Stand by AirIines
In Critical Period

/ ~ kAC0 Aa PASiAC OAlQC1CtduQlIll
and assistance in what he describe,
frankly as the most critical perio,
in the history Of air transportation
was voiced here last night by c
Bedeu Monro. president of Capita
Airlines-PCA, on the occasion o
the airline's Goth anniversary.
The importance Of healthy civi
aviation industry to national secur
Iity was emphasized by Mr.. Monro
who warned that, in an atomic age
this country cannot afford to invit.
another Pearl Harbor attack" b,
lack Of air power based on al
auxiliary as well as q combat ali
force.
These views were seconded b,
military spokesmen at banquet ir
the Hotel Statler, sponsored by the
National Aeronautic Association.
The speakers were 1t. Gen. Lewis
H. Brsreton, representing the Secre-
tary of War, and Rear Admiral J.
II. Reeves, jr., commander of the
Naval Air Transport Service.
Blames Plight on Boom.
Mr.. Monro blamed the present
plight OF the airlines largely on "a
demand for air transportation Gre
ated by the war far beyond our
ability to meet 1t" at the time.
I'VE were forced to move ahead
too fast to cope with this great
boom Of business" he said.
This public enthusiasm had a re.
action OF bitter disappointment, Mr..
Monro continued, when lack Of
flying equipment, trained personnel
and ground facilities proved made
quate. Unfortunately, this was fol-
lowed by a series of air crashes
that created sensational headlines,
despite the fact that over all opera
tions remained the safest in the
world.
Mr.. Monro, who joined the coun-
try's second oldest air carrier in
the pioneering days, blamed the loss
OF public confidence partly on
"namby- -pamby" publicity and ad-
vertising which featured the same
old corn about the flying sprees of
grandma and the kiddies" O,
"exuded false optimism" at a time
when the public should have had
the true picture.
Sees Need Of Understanding.
Never has an industry stood in
such need Of public UNDERSTANDING, +"
Mr.. Monro continued. And this
need is entirely mutual, In Mr.,
Monro's opinion, for the public
should have the protection of a
strong industry backed by research
and technical development and
manufacturing capacity.
The progress Of his airline, which
began as a "two-bit, two-plane out
fit serving two cities back in 1927" /"
was traced by Mr.. Monro to its
present status as the operator of a
Washington-based system connect
ing so key cities in 13 Eastern.
Southern and Midwestern States.
A scroll from the Pittsburgh Ad-
vertising Club honoring the airline
and the fact that it began opera
tions from Belts Field near Pitts
burgh was presented to Mr.. Monro
by Joseph G. McGarraghy, president
OF the Washington Board Of Trade.
Randolph Is Toastmaster.
The toastmaster last night was
Jennings Randolph, former Repre-
sentative from West Virginia, and
a champion Of aviation progress.
Others attending included:
Evening star., 1947-02-28
1hore Resigns From Acacia
10 Take Association Post

Eugene M. Thore. general coun-
sci Of Ihe Acacia Mutual Life In
surance Co., has resigned ITO take
the post OF general cousei of the
Evening star., 1947-02-28
Washington Stock Exchange

SALES.
at 21N. N'
Washington Gas 4.60 preferred-5 at 10Y.
Garfinckel 4Ale preferred-2O at 24as.
washington Gas 4.25 preferred-6 at
PIJBI,JC TTTYT ,TT1He
Evening star., 1947-02-28

table. are annual sssea on
the. last quarterly or semiannusl deelA.
ration. unless otherwise notei. special
3 Also extra or extras. b Plug stock divi-
dend. q Cash Or stock: e Paid last year;
% f.r sh,s N y.ss psysSis n 81
funds. K Accumulated dividends paid
or declared this year; New issue.
Evening star., 1947-02-28
Dividends Announced

'Ex dividend. b Books closed. tplus extra
9r extras. . Paid SO far this year. . Paid
Evening star., 1947-02-28
N. Y. Bond Market
FsIaHlfhss aHfhszn sz re s.1A 1AssseisssS S tress.,

NGLECIEU LIT UF
TREASURY 2:3OjInt tn.
21ts 1897 De LOB Kan C
Evening star., 1947-02-28

y NEW YoRl5 Feb. % up,-Dav,dend. an.
nouneed today: 80
Il 5@'t Rate. Rod record. able
Il Pc Stock Of Pay,
Evening star., 1947-01-12

May b. Hssisy. 2f. rSiiadeiphia.
Sammy r Tssses Tree Z, as and June G =. Jack
onst't. .pd p bsst lr'sE e
Columbia I'd. NV.
Frank W. Van Arsdale; "a. Des Piainss,
ni,; and md Mary M. HiDsher, 2a. 1900
Afssz0 ssS q a!ss sses ish 81 aad e Mora Lewis
Joseph 2. Hoch, %. 500 Emerson st. NV.
and Nettie r. Trent, 81. 6Q7 Emerson
st. NV.
Robert berry ss ssssss sass Il 81 Ss iSh fsa l. haes M
Ed%uns rsssrs Ss.S III snS %vp'nT paains
NV.
Virgil W. Spears, %. TIT Ridge st. NV.
and Elsie M. Lucas. 10. 1920 9Th st. NV.
Bagard 9. Hill; 20, suffolk; va,. and Helen
oliver g Moye; 30. 1919 g. 19th o st. nv: NV:
esrfisid 3. Freeman. 81. 14s5 T st. NV,
and Idealia M. Andrews. 81. 1918 Q St.
Walter H. stolting. 35, 2100 N st. NV.
and Adeline j. Anderson, 80, 1928 18th
John and Lass mGH1 ssro.R g. ssis p st T.
Beatrice T. Marshall. SO. 1905 Monroe
Z st. NV.
Charles p. Mastrodonsta, 81. 25O2 N st.
s.e., and Arnice v. Brown, 26. 2S03 Que
Albert S. DeBroat. So, 90e D st. ne. and
Jessie A. Myers, So, 1121 East Capitol st.
Horace g. Gerber, 2s, .4323 Lily Ponds
s3as I3th pi. ne. -
Robert K DeLawder, 90, 722 Ingraham st.
NV. and Dorothy L. Webb, 10, 4721
4th st. NV.
Lewis Il. Long, 10, 443 sth st. s.w., and
Rose A. Williams. II, 1899 Wylie st. ne.
Joseph T. Spollen, %, 1000 r st. NV, and
Frances L. Gore, 20. 1925 st. NV.
Evening star., 1947-01-12
Some Textile Buyers Delay,
Hoping for Price Decline
BY the Asseeicssd Press

NEW YORK, Jan. 11.-Interest
centered on price trends In the cot.
ton textile market during the past
week.
Fairly heavy sales of print cloths
late in the week and smaller
amounts of sheetings and drills pro-
vided the principal activity. The
bag trade was allocated a fair line
of Osnaburgs.
Prices for deliveries through the
second quarter ranged from former
OPA ceiling levels to 20 per cent
premium. Merchants generally said
they had no trouble disposing of
goods, but some buyers backed away
from the market because they ex-
pect an easing of prices to result
from the current high rate of textile
production.
The test of the price structure is
expected to come when mills start
releasing third-quarter goods. Buy
ing interest for that period was said
to be substantial at the old ceiling
levels.
Several of the leading woolen mills
reached agreement with textile
workers for a 15-cent hourly in
crease. Although it had been
thought such an increase would
boost wooden and worsted prices,
trade quarters now expect mills to
absorb most of the rise.
The tight supply situation in rayon
goods gave no signs Of easing. Mills
allotted only regular quantities of
goods to converters.
Evening star., 1947-01-12
Marriage License
Applications

Under d. C. laws couples must
apply for marriage license ON
one day, .Datt three tull days and
recetDe the license on the fifth
day. Sundays and holidays are
counted the same as other days.
Dom z. Francis. 1s, 91s M st. NV. and
Betty L. Rodruck. 10. $3.50 Hawthorne
BENJAMIN H. Depenbrock. 27. Arlington.
and Jane E. MacKay, 26, 4707 Connec-
ticut ave. NV.
Edwin S. Jaenicke. 30. Elk River, Mimi.
and Roberta P. Friemouth, 2s, 1913 M
Richard p. oliver. 20, 617 Gresham pl,
NV. and Louvinia B. Warf1eld, 90. 2612
Georgia ave. NV.
James E. Khnebrew, %, Lanham, Md, and
Marian l.. Nixon, 23, 943 ST. NV
Harris, 45, and Lenoria Hunter,
46, both Of 2701 18th st. NV
Daniel P. Wells, .jr., %, 4S31 Park ave
nv, Nv, and Shirley E. Burgess, 25' Be-
6. Boccabella, 10. Glen Cove,
Md. and Helen I. Skelton,. 49,, Baltimore
William ]. H. wellington, 90, 1914 staples
St ne and Doris I. Mancke. 1s, 200
Emannei nsn II E. n scol, 80, and Martha j. Gill.
26. both of 14i5 39th st. NV.
James L. Sullivan, 81, U. s. N, and Martha
A. Turner. 1s. 115 Wilmington pi. Sc.
Charles E. Hinsdale, 90, 532 goth st. NV.
and Anne L. Hickey, 25, 1882 2Sth st.
Evening star., 1947-01-12
Robert Wilson to Head
Red Cross Drive Unit

Robert w. Wilson, treasurer of the
Potomac Electric Power Co., has ac-
cepted the Craftsmanship OF the
General Business Unit Of the 1947
American Red Cross campaign in
the metropolitan area, it was an
nounced yesterday by Joseph G.
Grew, general chairman of the cam
paign.
Mr.. Wilson will begin the mobiliz-
ing of a force of Red Cross volun-
teers who will carry the fund ap-
peal to the executives and employees
Of more than 1,750 business firms
in the community.
Evening star., 1947-01-12
Deaths Reported

Edwin 4. Harmon. So. 1879 Columbia I'd.
Minnie R. Cooper. So. Hebrew Home for
Aged.
Frank b. Gaudy, 81. 2I0l N. h. ave. NV.
adelaide vatentini. ~, 47o5 10th st. ne.
Emma G. Ferge1, 72. 1401 Girard st. NV.
Blanche I. Harvill. 81, 4213 oueensbury
Mary n. Parry. 65. 1921 Decatur st. NV.
Bertha Harrison. 81, 120S Potomac ave.
Sc.
Robert E. Briggs. 81. 35as WILLIAMSBURG
Robert clatterbuck. 40. 2Ol3 4th st ne
Barbara w. Newsham, 20. 2524 41st ST.
NV.
Ethel NJ Adkisson, 20, 704 3rd st. NV.
Aubrey D. Casop. 3, 710 @ st. Sc.
Infant Osborne. suitland. Md.
Infant Dickerson, Ala 11th st. ne.
Fannie Wright. 76, 1891 18th st. NV.
Eliza Jacobs. 90, 1928 Foote st. ne.
Vivian McMoore, infant. 403 M st. NV.
Evening star., 1947-01-12
Evelyn Croswell Named
College Fund Chuirmun

Appointment of Miss Evelyn A.
Croswell. ais Pennsylvania avenue
NV, Civil Service Commission ex-
aminer, as Washington community
chairman for the 50th anniversary
fund campaign of Simmons College,
Boston, was announced yesterday.
Miss Croswell will direct locally
the colleges forthcoming campaign
for $500, 900. The funds will be used
for new dormitories, salary increases
for teachers and improved labora-
tory, recreation and study facilities.
Evening star., 1947-01-12

MEMORANDUM.
81. Assets pledged or as
signed to secure liabil-
tiles and for other pur-
poses S552. .732 o6
j.. City Of Washington, District Of Co
I, THOMAS J. NORRIS, cashier of the
above,named bank, do solemnly swear that
the above statement is truse to the best
OF my knowledge and belief
THOMAS j. NORRIS, Cashier.
Sworn to and subscribed before me this
1Uth day OF January, 1947.
tseaD ELIZABETH M. MEHRLING,
Notary Public.
Correct-Attest:
JAMES E. CoLLIFLoWER,
WILLIAM L. BUSH,
GEO. M. QUIRK,
FRANK OWINGS,
HARRY j. KANE, Jr.,
DONALD F. ROBERTS,
A. E. GIEGENGACK,
THEODORE COGSWELL
LEO A. ROVER,
THOMAS j. GROOM. Directors
Evening star., 1947-01-12
d D. 6. Students Honored
At GEORGE Wushinqton

Four Washington students were
among seven George Washington
University freshmen who took schol-
astic honors during the fall term,
it was announced yesterday.
The four, who have been named
members of Phi Eta Sigma, national
freshman honorary society, are
Meyer Dwass, 1927 Twenty-fifth
street Sc; Frederick ]. Farris, 335
Fourteenth street NE; Horace E.
Kerr, SIS M street NV, and Julian
A. Schultz, 4719 Macarthur boulevard
NV.
Evening star., 1947-01-12
New York Cotton

NEW YORK. jap II Hq.--cotton. fu-
today Prices at times declined as much
as 1925 . bale, following the severe
shakeout OF more than $500 yesterday
and commission house liquidation attracted
to the market. Buyers were reserved.
citing consumer resistance to high cotton
cloth prices
Another influence behind the selling
movement was report that larger how
OF low-grade cotton was coming into
back. however. seemed to- have attracted
weekend covering and some trade buying
with prices responding Immediately. It
was intimated that some OF the buying was
for foreign account. presumably Great
Britain.
Futures closed S155 a bale lower, to
Evening star., 1947-01-12
A-3O THE SUNDAY STAR, Washington, D. c.
a.
Reserve District No. 5.
REPORT OF CONDITION OF THE
Bank of Commerce and SAVINGS

OF Washington, in the District Of Columbia,
at the close of business on December 81,
1916. Published in response to call made
by Comptroller of the Currency, under
section 5211. United States Revised Stat
Evening star., 1947-01-12

CAPITAL ACCOUNTS.
rs. Capital stock:
Common stock. total
par -.- S300,000.00 $500. 900 90
%. SURPLUS 500 Loo. 90
q. Undivided profits 62,1S345I
IS. Reserves ----- --- 30.259 81
20. Total capital accounts 992 .443. .:S6
80. Total liabilities and
capital accounts - S14,64242S 50
Evening star., 1947-01-12

TREASURY ufER paPARrMErr SHPsafs
once Of Comptroller Of the Currency
Statistical-Revised Dec, 1910.
REPORT OF CONDITION OF THE
WASHINGTON POSTAL
EMPLOYEES CREDIT UNION
Of the District Of Columbia, at the close
+, fshsd heIsihsss % .sn or December 81 I946 pub
of 1. the District Of Columbia Credit Unions
ASSETS.
!. Cash on hama - Sa.6ts.2I
9. Cash in banks IL, ,937, ,94
B. Loans to members S3,31925
8. 81 Buitldins Lt,aa,. association in ao,.e,o
8. Other investments 10000 90
8. Furniture and fixtures - 39l 90
10. Total assets s2ss az :4a
LIABILITIES.
IL. Shares paid in - S20l ,Ss2.17
13 Net undivided profits 1888 30
IA. deserve fund for bad debts 22,335. 40
II. Total liabilities - s2ss e47 Is
I, RUSSELL L. DALE, treasurer Of the
above-named credit union. do solemnly
swear that the forsgoing statement Is true
to the best q ny kn1wledgs ,E snd belief
Swoin to and subscribed before me this
9th day Of January; lg47na,, lg47
Notary Public, D. c.
Correct-Attest:
sfGeHss snRHhas {; i. 3asEass' 35okEs.
Directors.