Evening star., 1950-09-21
T. R. Kelly Succeeds
Baughman as General
Manager Of Hole
By Edword c.. Stone

Francis r. Kelly of Newark,
N. j.. has been appointed general
manager of the Home Owners
Loan Corp, the Home Loan Bank
Board announced today. He sue
ceeds j. s. Baughman, now head
of the Federal National Mortgage
Association here.
Mr.. Kelly has been connected
with the Hole ever since it was
started in 1888. He formerly
practiced law in Newark. later be-
ing connected with the New York
regional HOLC Office, wher he was
assistant general counsel.
Liquidation of HOLC invest
ments has been greatly accelerated
IN the past year through the bulk
sales of its mortgages to private
financial institutions State by
State.
District Man Re elected.
Ralph L. Goldsmith, vice preSi-
dent and general manager of
Lansburgh & Bro. was reelected
president of the Cavendish Trad
ing Corp, at a meeting at Hot
Springs. Va. The corporation op-
crates New York and California
buying Offices for % department
stores in cities from coast to
coast.
Irene Sigler, with the DuFour
Agency of the Pacific Mutual Life
Insurance Co.. has earned men,
bership in the Quarter Million
Dollar Roundtable of the National
Association of Life Underwriters.
Few women have won this, honor
The Seiberling Rubber Co. is
opening a Washington sales Office
at 1925 Vermont avenue NV,
with Harry H. Slavin of Atlanta
as special representative. William
Firick will be operating manager
and Carl j. Figenscher staff
member.
Nonstop service from Wash
ington to st. Louis vii be offered
for the first time by Trans World
Airhnes starting Sunday. with
additional service to the West
Coast.
Rice Names Committees.
Charles P. Rice, president of
the District of Columbia Life
Underwriters Association. has ap-
pointed these committees for the
coming year, the first member
mentioned being chairman:
Business practices-LaWrence c. Reeves.
Joseph A. Mari: j. Donald sutherland
Upton. Howard De Franeeaux: Samuel j.
SqFa EvoSa aensf ssfer Rssard w. sseEn
ham. Alfred Ederheimer,. Clyde Harrison.
Charles Hsyeraft, John =. Hickman
n T Isrhsri M Eredeficf aef NJ MoNaip s' III d.'?t
su.snt Sto5 EsstoI Dale G. EOsRds John
Lawrence e. sprouse,. j. Don Sutherland,
Alice Z Venezky, Lucille Gould McCutchen.
Josph aufsy aovsrd Rordsn
and IssHs Suiietins@ehes1sr S56 a % K. Jones. PAST
Member rshipNNorman Johnston. A. j.
3er: nefi wilson iSan II. n % %Rosch. cSaries Dunn. @
vi1s ns = S~S Mckay Smith. II. eoekTsn Fisher,
rE Hicks BfldEig .ak T9. EjnanGeMisShs HaaasrtT T
Charles K Dunn. Walter 7. Parker.
Mani NJ. MsaSrd on.S SS.ss SGssRh
Wilson P Graham. Sales eongress--Ray
6SS9s @SSps Il 1EeTs5 LaF%s P2Tss Sseph
s. BALDWIN George Pennen. Women
Fisher. LUTc@eharies F. sgter. v. e
VOC Baker; JOSEPH 4: ssTbeau: r !.
ssrrst T. asyon.l n Quality h9%a
Gleason L. walter W. johnson. william '.
james 4. Thompson opie Chancellor. VII:
liam 8 Cremen, Wilson P; Graham Red
Cross-Wnliam r. Tinkelnberg. H, c. Full
ert Gatewood. Speakers Bureau
N, Larmer, Harry Lebowitz. John 3.
Schlotter.
Accountants Get Award.
The first fall meeting of Wash
ington Chapter, National Associ-
alton of Cost Accountants, was
held last night at the Willard
Hotel, Nicholas St. Peter, of Gen.
eral Motors. speaking on Manu-
featuring for Profit"
Granville r. Atkinson, national
director, presented the chapter
with banner for ranking seventh
in last years Stevenson trophy
contest in which 107 chapters took
part. E
District life insurance leaders
will attend the American Forum
of the Air Saturday night in the
Statler Hotel when four experts
will speak on Should Permanent
Disability Benefits Be Added to
the Social Security Program?" The
program will mark the beginning
of the national convention here.
B. & o. Net Up Sharply.
Net income of the Baltimore &
Ohio Railroad for the first eight
months of the year totaled about
$S5 million against $7,473,180 a
year ago, President r. B. White
repoT ted.
4NSO AANO1AAC A44 1AAS nov CANNCoSA
81 million, largest for any month
since November, 1948, except last
May when labor troubles brought
extra traffic from other roads.
Building Permits Lower.
Washington stood in 18th place
among Is cities in building per-
NIT valuations in the first eight
months of the year, according to
Dun g. Bradstreet. Permits to-
tailed $47,943,232 compared with
$51,635,529 a year ago.
Permits in the nation, however,
registered a gain Of 40 per cent
over last year. Middle Atlantic
States reported a 46 per cent
pickup and South Atlantic 36.
August set record for that
month.