Evening star., 1949-11-20

II. B. Leary, Jr. s. H. Rogers.
Leary & Bros, Inc. Is the third
member of the family to serve on
the Lincoln board. His father was
a director for many years and his
late brother. Whitney Leary.
served after the death OF the
senior Leary.
Mr.. Leary's organization is the
oldest automobile dealer concern
in Washington. The new bank di-
rector also is a director of the
Washington Automotive Trade AS
sociation, a member of Rotary In
ternational. the Board of Trade.
and the Columbia Country and
University Clubs.
Mr.. Rogers, head Of the flour
mills in GEORGETOWN, is president
of Casualty Hospital, and director
of Group disqualification, Inc; .
director of the Millers' Mutual
Fire Insurance Co. Of Harrisburg.
Pa, and a member Of the Colum-
bia Country Club. A resident OF
Washington, he spends much time
at Hillbrook farm in Hamilton.
Va.
More Dividends Declared.
Directors Of the Real Estate
Mortgage g. Guaranty Corp. have
declared q dividend OF so cents
per share on the outstanding stock.
payable December 8 to seockhold-
ers of record November %. The
payment makes a total Of $1.20
for the year.
Woodward & Lothrop directors
have voted the usual quarterly di-
vidend of $1.25 per share on the
preferred stock and so cents q
share on the common. both pay
able December % to stock OF rec
ord December 8. All employees re-
Gently received profit-sharing pay
ments.
Harry Lee Rust, jr., president
Of the real estate company bear
ing his name, has been reelected
class B director of the Federal
Reserve Bank Of Richmond. w.
S. Johnson, Wilmington, N. c.,
banker, also was reelected a class
A director, both to serve three
years.
d. C. Store Sales Pick up.
Sales in Washington department
stores for the week ended Novem-
ber 12 ran Is per cent ahead OF
the preceding week, the Richmond
Reserve Bank reported. Merchants
gave special sales and cooler
weather as reasons for the adj
vance. Sales were even with last
year and up / per cent in four
weeks ending November II. The
figures were ahead Of reports for
the fifth district and the Nation.
H. j. Althouse has been elected
controller Of Peoples Drug Stores.
Inc, to succeed c. j. Riggall who
died recently. Since 1914, Mr.. Alt
house has been assistant to the
controller and has been with the
company 81 years.
Louis Goodenough, editor Of the
Fairchild Business Publications.
will address the Washington Ad
Club Tuesday noon at the Statler
Hotel. He has been editor of Re-
failing Daily IL years.
Briggs Insures Employees.
Briggs g. Co. has arranged free
life insurance for all employees Of
the company. policies to range
from 81, 900 to $4,000. The policies
are to cover accidental death.
accident and dismenberment pay
ments, weekly indemnity for Is
weeks, hospital, surgical and med
ical benefits.
The plan for payment Of all
premiums by the company was
drawn by Ray and Luther Briggs,
officers Of the meat firm, and AL
Gray. business agent Of the Meat
Cutters Union.
The Chicago company was rep
resented by Thomas E. Boyle and
AL Bell, 1907 M street NV. The
new pattern is expected to be
widely adopted in the meat in
dustry, Mr.. Boyle said.
New Bank Opens Tomorrow.
The Seat Pleasant Bank will
open for business tomorrow in
new banking quarters at Roose-
velt avenue and Foote street, Fred
erick L. Wight, jr., president, an
nounces. The new building has
up-to-date tellers' counters, air.
conditioning, ample parking space
and the greatly needed increase in
space for patrons. An elaborate
opening for the public has been
planned for tomorrow evening.
c. Clinton James, vice president
Of the Jefferson Federal Savings
d Loan Association and general
counsel Of the District Building
and loan League, has been se-
lected by the national organiza-
ton to present memorials IN Chi
cago today honoring members
who have died this year. Heading
the honor list is H. F. Cellarius,
United States League secretary for
So years. Another memorial is for
Gardner w. Taylor. killed in the
recent crash at the National Air
port.
Charles L. Carr, Raymond q.
Lochiel. w. r. Brunot. and Theo-
dore Herr will conduct q budget
Ing forum" at the Tuesday night
dinner-meeting Of the Controllers
Institute of America at the Carl
ton Hotel.
Small Guin Reported
In Crude Oil Stocks
BY the Asseeiatsd Press
The Bureau of Mines reported
sfnckc If dny,anofir o,d foro;ut,