Evening star., 1950-12-20

Mr.. Willett. Mr.. Neale.
Bell announced today. They have
been assistant vice presidents.
Mr.. Bell also announced the
promotion of four to assistant
trust officers. They are Henry E
Foulds, Malvern F. Morse, Alfred
T. Souder and Jesse S. Cheyney.
The election of Frank B. Nor
gan as controller was announced
yesterday after meeting of the
banks directors. He is a former
vice president and controller OF
the Title Guarantee & Trust Co
of New York. He will take Office
January 2
Mr.. Willett is native OF Wash
ington, attended public schools
here and the University of Vir-
ginia and is a graduate of the
Graduate School of Banking at
Rutgers University. He Joined the
company in 1929. In World War
II he served as a lieutenant in the
Navy.
Mr.. Neale, also a native, at
tended public schools here and
is a graduate of Columbus Uni
versity Law School. He joined
the company in 1880 and has
served continuously in the real
estate department. In World
War II he served as a captain
In the Army Air Force.
Air Travel Dips From Peak.
Commercial airlines at Wash
ington National Airport handled
151,346 incoming and outgoing
passengers in November. a de-
crease from October's 163,547,
highest for any month on record,
but we'll above 104,699 in Novem-
ber, 1949, and highest for that
month in the airport's history.
The total for II months OF this
year reached All 1923, highest for
the period since the airport opened
in 1941. 1t compared with 1885,
1T a year earlier.
Building Associations Grow.
Assets of the % member asso-
Citations of the District Building
and Loan League totaled SAIL, ,044,-
O93 on November 80, an increase
of $46.5 million from a year
earlier, it was reported yesterday
by F.. Wilson Camp, league secre-
tary.
The amount of mortgage loans
held in association portfolios was
at an all-time high of $371,153,271.
compared with $326.7 million in
1949, Mr.. Camp said.
Savers increased their balances
by more than $28 million during
the year and now have more than
$343 million to their credit, an
other all-time high.
Reserves reached $37.5 million,
an increase of more than 10 per
cent from year earlier.
Employees Share in Profits.
President Floyd D. Akers of
Capitol Cadillac -Oldsmobile Co.
of Washington and Akers Oldsmo-
bile Cadillac Co., of Alexandria,
announced yesterday plans for
distribution of 25 per cent of COM
pany profits under fit-sharing
plan to it's 260 employees. The dis
tribution will be made at the an
nual Christmas party of the COM
pany Friday.
Many Bonuses Paid.
Meanwhile, many other firms
have announced distribution of
Christmas bonuses. They include:
Washington Loan g. Trust Co.,
Cherner Motor Co. of Washington
and Chirlington Motor Co. of Ar
lington, the Hechinger Co, Lacy's
of Eighth and E streets NV,
Bates jewelers., Ninth and F
streets NV; House g. Herman
of Washington and Silver Spring.
Castelbergs jewelers. of Washing
ton and Arlington, Mid-Atlantic
Appliances, 2O46 West Virginia
avenue NE, and Smiths Trans
fer and Storage Co., 1913 u street
NV.
Grocery Group Elects.
The Grocery Manufacturers
Representatives of Washington
has elected v. I. Williams of Libby,
Mcneil g. Libby as president for
1851. Other officers are r. P.
Martin, Kraft Foods, first vice
president; E. j. Roche. Corn
Products, second vice president;
S. L. Taylor, Sunshine Biscuits,
secretary; H. K. Kent, wilkins
Coffee, recording secretary, and
H. L. Golladay, food broker, traes-
urer.
Directors elected were Bennett
Beale, Edward Yonker Co.; R. E.
Brawner, National Biscuit; ]. B.
Briedenstein, Scott Paper: M. E.
Pusey, R. j. Dannemiller Co.; C. p.
White, Campbell Soup; j. F. Mer-
kle, Mueller Co., and Leroy Rider
of Boyle Midway.
c. Oscar Berry, Washington Gas
Light Co. attorney, today was
elected chairman of the Advisory
Board of the Salvation Army for
the year 1851. Mr.. Jesse H. OFT
Washington realtor, was elected
vice chairman.
Lewis Edwin Ryan, advertising
agency, will give its 40 employees
Christmas party Friday in its
Offices at 726 Jackson place NV
Chicuoo Livestock