Evening star., 1951-02-15

watch were presented to L. w.
Thompson in recognition of many
years of service as inactive vice
president.
il. Promotions Announced.
~ "A. Scott Offutt, new president
of the Anacostia National, an
nounced the election of John M.
Plemmons as assistant cashier.
Mr.. Plemmons will remain man.
ager of the banks facility at the
Naval Research Laboratory. He
has been with bank since 1910,
except for three years of service
overseas during World War II.
John M. Harris. assistant CASH
Ter has been transferred to the
banks main Office to specialize in
mortgage and credit work. Robert
K. Koontz, jr., assistant cashier
and assistant manager of the
Congress Heights Branch. was
promoted to manager of the
branch. Hilbert A. Corley, who
has been identified with the in
stitution for several years, was
named assistant manager of the
Congress Heights Branch.
Vepco Hearing Postponed.
The Virginia State Corporation
Commission yesterday postponed
until June Is a hearing on the
Virginia Electric g. Power Co. plan
to sell $40 million Of preferred
stock. The company seeks au-
thority to issue 100000 shares of
500 par value stock to help
finance $42 million expansion
program. The hearing was set
originally for yesterday.
j. w. Vessels. general Wash
ington agent for the Minneapolis
& st. Louis Railway has been pro-
NOTED to assistant freight traffic
manager. and will be succeeded as
general agent here by Eugenel
Gardner of the Washington staff
Zacheriah Deminieu Blacki-
stone, Washington florist. will be
honored by friends and employees
tomorrow night at the Statler
Hotel on his Both birthday.
Record Starts Jubilee Year.
United Air Lines began it's sill
yer jubilee year with the best
January traffic in the company's
history. B. B. Gragg, sales direc-
tor. estimated United flew around
124,394,000 revenue passenger
miles in January, a gain of SIS per
cent from January. 1850.
Freight ton miles totaling 2,126,-
900 were up 27 per cent; exrpess
ton miles of 962 900 were up 63
per cent, while 1,235,000 mail ton
miles were So per cent above a
year earlier.
Henry A. Hirsh, a life and
qualifying member of the Leaders
Association, top production club
of the New England Mutual Life
Insurance Co., again led the Wash
ington agency in 1850 production.
Mr. Hirsh is chairman of the
Quality Award Committee for the
District Life Underwriters Asso-
citation and has qualified himself
for the sixth consecutive year for
the honor.
ABA Speakers Announced.
High Government officials and
banking leaders will take part in
the National Installment Credit
Conference of the American Bank
ers' Association at Chicago March
12-14.
William w. Mccarthy, vice
president of the National Shaw
NUT Bank of Boston and chair
man of the Consumer Credit Com
mittee of the ABA, will open the
conference. r. M. Evans, men,
Der of the Board of Governors,
Federal Reserve System, and c..
Francis Cooke. president of the
First National Exchange Bank of
Roanoke, Va, and vice president
OF the ABA. also will speak at the
first session.
Among speakers at other ses-
sions will be Mark A. Brown,
president of the Harris Trust IL
Savings Bank of Chicago; DR..
Earl L. Butz, Purdue University;
William j. Cheyney of the Retail
Credit Institute of America Office
here. and DR.. Harold Stonier, ex-
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