Evening star., 1949-02-13

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Silver Spring and has many civic
and financial interests.
Mr.. Boucher Is vice president
OF the Drury Realty Corp, men,
Der Of the Washington Real
Estate Board, Board Of Trade and
Masonic Fraternity. Mr.. McKeever
is secretary Of the loan associa-
ton.
Capital Store Sales Climb.
Washington department store
sales in the first week Of Feb
ruary were IL per cent above the
same week a year ago and IL per
cent above the preceding week
this year, the Richmond Reserve
Bank reported.
In the four week period ending
February 5, cumulative sales ran
/ 10 per cent ahead Of last year.
All these sales exceeded the record
for the fifth district. the weekly
gain over last year being only 5
per cent.
The Richmond banks weekly
reports indicate liberal sales gains
in Washington In January. Sales
In the nth district up to Febru-
ary were 7 per cent ahead of
last year.
Clifford c. Kemno, formerly
advertising promotion manager
and advertising director of the
News, has been named Office man.
ager OF the Mellor g. Wallace Ad-
vertising Agency. it was announced
yesterday by Reid Wallace.
MIR. Kemno, a graduate Of Bal
timore Polytechnic Institute. start
ed his advertising career with the
Baltimore News-Post in 1888.
With eight years advertising ex-
perience in Baltimore and Wash
ington department stores. he
joined the staff Of the News in
1912.
District Payments Heavy.
Benefit payments in the District
in 1948 by the Mutual Life Insur-
ance Co. of New York, amounted
to $So9.500. Agency Manager
Charles P. Rice reported. At the
year-end residents owned 9,208
policies with a total Of $31 900, 100
of life insurance in force.
Death claims paid in the Dis
trict in 1948 by the Mutual Ben
eft Life of Newark totaled $780,
297; endowment payments. $127,-
438, with a total of $25 ,088, ,349
insurance in force, General Agent
c. Carney Smith reported yester-
day. The company has total in
vestment in the District Of $l4,-
421,03 The company had ma
tional gain of 9 per cent in new
policies written in 1948.
Four members of the John L.
McElfresh Agency have qualified
for the Connecticut Mutual's
honor organization for high pro-
duction, Roger M. Stuart. Thomas
F. Barrett, jr.; Lena F. Hitchcock
and William w. B. Mackinnell.
Tire Leaders Coming Here.
Vice President L. A. Mcqueen
and six other representatives of
the General Tire g. Rubber Co.
will visit Washington Friday for
the annual Eastern division Phila-
delphia- Richmond sales confer
ence at the Statler Hotel. What's
ahead for the independent tire
dealer will be discussed.
Leland Howard, assistant d.
rector of the United States Mint,
will address Washington Chapter,
National Association Of Cost Ac-
countants. Wednesday evening at
the Lafayette Hotel on Account
ing Problems in the Mint Serv-
ice." He was an adviser in the
Army's precious metals program.
which included looted gold and
other problems.
Edward o. Morgan of Los An
geles was selected president Of the
American Savings and Loan In
stitute in Boston Friday, succeed
ing Mrs. Ruth M. Lowe Of Mil
waukee. Washington delegates re-
turned yesterday.
Virginia bankers will hold their
annual convention at Hot Springs,
June 27-29, at The Homestead,
attendance to be limited to 400.
They took the only dates avail
ah1e iy, T1ne