Evening star., 1949-04-24


Bornet. National Savings George
y. Earushaw Metropolitan Rob
ert r. Lee Lincoln National John
c. Pyles. lr.. City Bank George
o. sehweinhaut. Washington Loan
A. Trust.
stare sales Up sharply
Department store Sales IN the
Capital for the week ended Apfh
! is were II per cent ahead of The
same week a year aso, which vas
after Easter. the Richmond Re.
serve Bank reported yesterday.
Sales were OF per cent from the
previous week this year.
Sales IN the four weeks ended
April is were up IL per cent. The
gains here we're slightly ahead Of
the FIFTH District results
Merchants said the volume Of
business for the Easter aeasop
would run about the same a. ias
year
First Speakers Announced.
w, IL Neal winston Salem
banker. and Paul NJ weioh, q
bank Official from Atlanta. will be
leading speakers nj the l4th
Eastern REGIONAL Conference of
the National Association Of Bank
Auditors and Controllers. TO be
held at the Mayfiower Hotel. May
25-2a. MlilaiG s. Yeatinan, pro-
gram chairman. announced that
Mr.. Meals subject wlli be Build
Ing Reserves OF Public Confidence
and Mr.. weieh will talk on In.
staliment Financing Audit and
Control"
Led by President Joe v Cum.
minis. rs members OF Washington
Chapter. National Association OF
Cost Accountants. made en- in-
speciion tour OF the O'Suliivan
Rubber Corp. plant in Winchester.
Va. Thursday. where they OBJ
served the entire production.
Ofaeerk and directors Of the
Liberty Building Association vii
open their handsome new offIees
next Friday from 10 Z pm.
State Lean Earnings Gain.
The State Loan a. Finance
Corp. In the RinE BuiidinF, re-
ported net earnings in the first
quarter OF ti2o.83t. equal 10
3shs cents per share on the com.
mon stock. Loan volume totaied
t4.76i. .4os. The ffrm has pur.
chased an once In Baton Rouge.
La, giving the company -
branches through wholly owned
subsidiaries
william z. letter. director Of tbs
WASHINGTON tar bureau OF the
Research Institute Of America. win
address District Control. Con-
troIiers' Institute Of America, on
The Tax Outlook" at the Carl.
ton. Tuesday evening. The social
period starts al q 30.
The Heeht Co, Washington. was
awarded o certificate Of merit In
the. brand names contest con"
Quoted by Apparel Aria Magazine.
Charles ID. DuieAn. ~. vice pFesi-
dent and general manager. vas
selected az retailer of the year
In brand promotion" by ths Brand
Names Foundation.
ssw Schedules Planned.
New spring fight schedules ex-
pandins United Air Lines daily
mileage 10 per cent viii be placed
In effect today.
American Airiines viii decen-
tralsze isk operations on May J..
forming -four geographical regions,
q move planned since iss5.
Capital Airisnea reelected al
directors at the annual msetang
held during the past seek.
Iangson Monotyre sold at q
new 1919 high Of - on the WASH
ington Stock Exchange yesterday.
following the 81 extra Dividend
announcement,
Net sales Of the MsrRenthAIer
Linotype Co. for the ain months
ended March 81 totalsd ell At
IT'S. q sharp gain of 10 PER- cert
gsEE Ut AaztfE PEsE%A EN%s NsN-
Net income amounted 70 ti.7si..
1ss, President n. ~ Reed reported.
pepsl Cola Boitisng Co Of
Washington. through an undsx-
writing agreement s1th . Veg
YORK Hanking afm. via 9sfeF as
pubsse sale 2s7 Ooo shares Of COM
mnn stock ss 81 sssafs. samuel
swaTtxrnan. president. snfsosaneed
yesterday.
Proceeds viii be aaed ~ q re-
serse fund and for opeFasang psaf-
poses. After Tire nass. tsss cnEs>
pany viii hare o total az Tss.s8o
common shares outstanding, A
million SHARES. sle par. are 10 es
sushoStzed