Evening star., 1950-10-24
Airport Travel Sets
Record for 9 Months;
Data on Banks Issued
By Donald B. HodIey


tional Airport set a new record
in the first nine months of 1850,
1t was learned today.
Arriving and departing pas
sengers totaled 1,156,930 in the
period. compared with 1903, $50 a
year earlier and more than triple
the 383, ,944 passengers in the same
period of 1912, first full year of
the airport's operation.
September passengers totaled
ISL ,527, compared with 156,330 in
August, but were we'll above 130,-
022 in the same month last year.
Official Bank Data Issued.
Washington's 19 banks and trust
companies had assets of $1,197,-
845 on October 4 VS.. $1,166 200 on
June 80 and $1.084,127 on Novem-
Der /, 1949, the official report for
the recent bank call showed today.
Net loans totaled 1886, 766 900
VS.. $3l4,768, 900 on June 80 and
279,578.000 on November /. 1949.
Included were $115, $780, 900 of real
estate loans VS.. $l12,316,000 on
June 30. No 1949 figure was
given.
Holdings of United States Gov
eminent securities, both direct
and guaranteed, totaled $5o4.-
905,000 VS.. $515,21S,O00 in June
and $489 ,099 900 year earlier.
Demand deposits of individuals
came to $786,869,OOO on October
4 VS.. $77l ,627 900 on June 80 and
$706, ,497 900 on November /, 1949.
Time deposits of individuals eased
to $210,066, 900 VS.. $212,902 900 in
June and $206, ,988, 900 in 1949.
Total deposits reached $1,113,-
S56 VS.. $1.086, ,8O2 on June 80 and
$l,005.39 on November /, 1949
Fiduciaries to Hear Marques.
Melvin w. Marques, deputy
register of wills, will address the
fiduciaries section of the District
Bankers Association at dinner
meeting at the Willard Hotel
Wednesday. March 8.
His subject will be Recent
Changes in Probate Law and
Practice" Herman G.. Lauten of
the National Savings & Trust Co.
is chairman of the fiduciaries
section. Dinner will be at 7 pm.
pm.
Two Washington attorneys will
speak at a three-day Federal tax
conference at the University of
Chicago November 1-3. They are
David w. Richmond of Miller &
Chevalier and H. c. Fitzpatrick,
Ballard g. Beasley.
Federation Plans Banquet.
The Federation of Business
Mems Associations will hold it's
annual banquet on Wednesday,
November 8, in the main ballroom
of the Mayflower Hotel. President
Jerome B. Mckee announced.
Washington chapter, Society for
Advancement of Management, will
send a group to the annual fall
conference of the society in New
York, November 2-3. Robert C.
Goodwin, new director of the Of
flce of Defense Manpower, will be
among the speakers. Howard K.
Hyde of Washington will preside
at the morning session November 3.
George M. Ferris, Jr., Returns.
George M. Ferris, jr., has re-
turned to Washington and become
associated with his fathers in
vestment banking firm, Ferris &
Co., as a registered representa-
tive.
He is Phi Beta Kappa gradu-
ate of Princeton University, ma
jored in finance at the Harvard
School of Business Administration,
and served in the Navy during
World War II.
He enters his new work here
after an intensive course in all
phases of investment banking with
a prominent New York securities
house.
Southern Net Improves.
Southern Railway Co. today re-
ported net income of $1,874,816 for
September, after charges. VS.. ST.
159.l30 in the same 1949 month.
Net for nine months was $12,662,-
$50 VS.. $7,043,621 a year earlier.
September gross was $40, $40 ,655
VS.. $17,273,844 and nine months
gross was 69,299.6 .625 VS.. S14,-
825, 1886 in the 1949 period.
The District Accident and
Health Underwriters Association
will hold 1890 pm. luncheon
tomorrow at Bonat's restaurant.
w. H. M. Slower, Washington
sponsor of the Dale Carnegie and
Elmer Wheeler sales courses, will
be the speaker. Claude H. Rich
ardson is president of the associa-
ton.
Plant to Serve ID. C.
MarylanQS nfSt plant Tor the
manufacture of paper milk con-
tainers will be opened Thursday
by the American Can Co., at
Halethorpe, near Baltimore.
The new plant has a capacity
for $50 million containers a year
and for the first time will make it
possible for dairies to supply a
large volume of paper-packaged
milk to consumers in Washington,
Baltimore and Philadelphia, &C
cording to D. B. De Land, plant
manager.
Chicago Livestock