Evening star., 1950-10-22


Mr.. Truslow. Mr.. Schram.
This is expected to meet strong
opposition. Also on hand will be
Emil Schram, president of the
New York Stock Exchange, and
Chairman Harry A. Mcdonald ot
the Securities and Exchange Com.
mission. The rates session will
be held at 1:30 pm, Immediately
after a noon luncheon.
First of It's Kind.
The regional conference, first
to be sponsored jointly by three
top flight securities organizations
the Investment Bankers Assocla.
ton, the Association of Stock Elk.
change Firms and the Nationa
Association of Securities Dealers
will open at 10 am. with a forum
on railroads. Charles L. Berg.
mann, partner in r. w. Pressprict
q Co.. New York. will be thu
speaker. He is chairman of the
IBA Railroad Securities Commit.
tee.
The SEC chairman will speal
at 3 pm. on The Place of tht
Securities Industry in the Mobi.
lization Efort-Or Where Do w,
Go From Here?" Southeastern
Group, IBA, will hold its annua
meeting and election at 4:45 pm
Mr.. Schram and Thomas G.
Nichols, chairman and president
OF Mathieson Chemical Corp. anc
also a governor of the New YORK
Stock Exchange, will address
dinner at the Elkridge Kennels
at 7;30 pm.
About 20 leaders from the
Washington financial district viii
attend the joint sessions.
Insurance Glasses to Start.
The Life Underwriters Trainins
Course sponsored by the District
of Columbia Life Underwater
Association will start this week
Charles F. Suter, chairman of the
associations LUTC Committee
announced.
Glasses in Part I of the two
year course will be held at the
Acacia Building. One will meet
from 3 to $50 pm. on Wednes.
days and the other at the same
time on Thursdays. w. Elwood
Baker, c. L. u, and James A
thomson will be instructors.
The second-year class will meet
from 3 to $50 pm. on Tuesday,
at the Franklin Life Office with
Joseph M. Silverman, c. L. u, al
instructor.
Controllers to Hear Panel,
Jesse c. Goodwin. controller OF
Woodward & Lothrop; Humphrey
Lloyd. vice president of Washing
ton Properties, Inc, and William
1. Brunch, controller of Reynolds
Metals Co., will discuss Internal
Control and Auditing" in a panel
before the October meeting of the
District Control, Controllers In
stltute of America, at the Carlton
Hotel Tuesday evening.
Capitol District Council of tbe
PAINTING and Decorating Contrac-
tors OF America will open its two
day annual convention at Hotel
Statler Friday. More than 900
delegates are expected from Della
ware, Maryland, Virginia, West
Virginia and the District of CO.
lumbia.
James w; Austin, vice president
IN charge of traffic and sales for
Capital Airlines. was elected first
wee president of the Air Traffic
conference at it's semiannual
meeting in San Francisco.
David c. Fraley. former public
relations director here for Ameri-
can Alrllnes, has been named New
regional director of pub
nc relations for the company,
Research Institute to Open.
A 5-day institute on research
administration will be conducted
oy American University in CO.
operation with the National Re-
search Council and the American
ASSOCIATION for the Advancement
d Science, starting tomorrow at
9:30 am.
among the speakers will be
president John S. Mills of West
ern Reserve University; Henry D.
omyth, Atomic Energy Commits
'loner; Ralph M. Morgan, Naval
Research Council; K. B. McEach-
'on, Jr., manager of technical ed
lcatlon, General Electric Co.:
Joseph Greenleaf, National Can
1ers Association.
Committee Heads Named.
Claude E. Miller, chairman of
me Safe Deposit Section of the
district Bankers Association. has
appointed the following commit
zee chairmen for the coming year:
20, Standardized Safe Deposit Practices:
Thomas McLachlen. McLachlen BANKING
Org. stanldaTdized Safe Deposit Forms Forms;
nd Education; Mrs. Burdette II. Monroe.
Jnion Trust Co.. Welcoming Committee:
Department Store Sales Rise.
Washington department store
ales in the week ended October
4 were 13 per cent above the
previous week and 10 per cent
Ibove the like 1949 week. the Fed
raj Reserve Bank of Richmond
eported Sales in four weeks
nded October IA were 6 per cent
bove a year earlier.
The f1ve-day Jack Lacy sales
linic sponsored by the Sales Ex-
cutive Club will start at 7:45
I'm. tomorrow in the Hall of
Tags, United States Chamber q
Commerce. -.