Evening star., 1949-09-25

IL 0cIldCOT 49,
Ro,- ert A. Taft
of Ohio, will I
be the guest E aN
speaker at the
meeting in the Fred A. Hartley, jr.
Carlton Hotel. He will discuss
the labor situation generally with
respect to legislation, his formal
topic being reminder that THE
Taft-Hartley Act is Still the Law"
The District of Columbia Con-
troll is under the presidency Of
Charles L. Carr, assistant con-
troller of Potomac Electric Power
Co. Theodore Hearz, who is with
Price. Waterhouse & Co., is chair
man of the Program COMMITTEES
which has arranged the fall-win-
ter meetings on the fourth Tues
day of each month during the
season.
These meetings draw a consid-
cradle attendance from the con-
trollers in Washington business
and financial district. They are
preceded by dinner at Z pm. fol-
lowed by the discussion at 8 pm.
August Sales Below 1948.
August sales of the Nations re-
tail business totaled $10,575. .000,-
900, about 3 per cent below last
years comparable figure after
allowance for trading-day differ
ences, according to a Commerce
Department analysis. A persis-
tent advance in the sales of dur
able-goods stores has been re-
sponsible for the stability of the
total, the rise offsetting a decline
in the nondurable-good group.
At nondurable-goods stores the
August sales fell fractionally be-
low those of July. Independent
mems wear stores reported lower
activity and this was the chief
factor in 3 per cent drop in
apparel store sales. General mer-
chandise stores increased sales by
2 per cent in August. Automobile
sales maintained their upward
trend as new car production con-
tinued to rise. Their August
sales were per cent above July,
seasonally adjusted. the Com
merce Department reported.
Smaller gains were registered by
the building materials and hard
ware group and jewelry stores.
Household furnishings declined.
Capital Sales Down.
Washington department store
sales in the week ended Septem-
ber II were 3 per cent below the
same period a year ago. The
Richmond Reserve Bank, report
ing yesterday, compared this de-
cline with l per cent decline in
sales of Baltimore stores.
For four weeks ended Septem-
ber II, however. Washington
sales were 2 per cent above the
same 1948 period, while those Of
Baltimore stores were down 4 per
cent. For the whole Fifth Re-
serve District. department store
sales were 3 per cent down for
the reporting week, compared with
"a year ago, but down only / per
cent for the four weeks.
Washington Chapter, National
Association Of Cost Accountants,
will hold the first of eight dis
cussion forum meetings on the
subject of internal Reports" in
the LaSalle Building, at 1870
pm. tomorrow. Howard, w.
Bordner. CPA. director, Office Of
Accounting Policy, Office of Sec
retary of Defense, will speak on
"Reports-Meeting Place of Ac-
counting and Management" The
discussions have been arranged
by Ben c. White, Director of Ed
ucation Of the association.
Loan League to Meet.
F.. Wilson Camp, secretary Of
the District Of Columbia Building
and Loan League, announced that
the regular monthly meeting Of
the group will be held Tuesday at
the Maydower Hotel, preceded by
q 1880 pm. luncheon.
The first dinner meeting of the
season for the District of Colum-
bia Chapter of the Society Of Resi-
dental Appraisers will be held at
6:15 pm. tomorrow in the Bur.
lington Hotel. Edward A. Carr.
past president of the National
Association of Home Builders will
by the principal speaker.
John H. Krou and Charles M.
Boteler of the Mutual Fire In
surance Agency, Inc, 1901 H
street NV. were two of 800 Kem-
per Insurance agents who joined
forces in Philadelphia last week
in a safety drive to help cut the
death toll of young drivers. n. q.
kefnper, the company's president,
told the insurance men that driv-
ers under. Is years Of age with an
accident record of at least so per
cent above average, add millions
OF dollars annually to the cost
VI private automoDlle insurance.
Banigan Named Editor.
Leon F. Banigan, managing di-
rector for the past ten years Of
the National Council of Private
Motor Truck Owners, Inc, of
Washington, has been made editor
Of Fleet Owner. a newly acquired
McGraw-Hill publication.
The Merchants and Manufac-
turers Association Is now holding
annual meetings Of its various
'rade groups. The first Of these
the Coal Division-has elected
Patrick A. Deck, manager Of Fade
ey & Co., as chairman for the
coming year. The new vice chair
nan is Fred A. Hessick, president
If w. H. Hessick g. Son, Inc.
Hartford E. Bealer of the Brook
and Co. was elected treasurer.
The coal merchants have de.