Evening star., 1951-08-10

head of Toms Auto Service, Inc,
and c. T. Nottingham, a member
of the board and also District
superintendent of licenses.
Other members of the board are
C. Robert Boucher, Hogarth w.
Colston, Beatrice Kolker. Walter
Miller, DR.. Benjamin Isaacson,
Jesse H. OFT, Norman Cohen and
Howard Bernstein.
Chairman Bernstein announced
the savings members accounts of
the association are now insured
up to $4,000 for each individual
account by reason of the new
membership. Total assets of the
association are now $733. 1863. Ac-
cording to a report of Marin L.
ZuesSe, secretary and managing
officer, savings shares during the
first six months this year aver
aged a net gain of $33 900 per
month.
Mrs. Kendrick Promoted.
Lincoln National Bank an
nounced the promotion of Mrs.
Elva M. Kendrick to the position
of assistant cashier in recognition
of efficient secretarial service with
that bank since March, 1889. Mrs.
Kendrick is a native Washing
tonian, educated in Eastern High
School and Columbus University.
Her husband, Eldridge D. Ken
drick, is secretary of the District
of Columbia Bankers Association.
Shell Oil Executive Named.
Shell Oil Co. has announced
the appointment of E. A Gun
ningham as manager of its
Baltimore marketing division ef-
fective September l. He succeeds
r. D. Kizer, who has been made
manager of Shells Atlanta mar
keting Division. j. C. Hopkins of
Detroit will succeed Mr.. Cum
ningham as Baltimore's sales
manager.
The appointment of Stafford G
Cowan as sales manager of the
Eastern division of Julius Kayse1
& Co.. of New York. was an
nounced yesterday. The district
includes Washington, Maryland
and Virginia among other areas
The Cohen and Miller agency
will handle advertising for the
Government Employees Insurance
Co., Leo Goodwin, GEL president
announced today.
Inventories Decline.
A. Commerce Department re-
port disclosed that overall busi-
ness inventories declined more
than $500 million in June, but
said the decline was at least $500
million less than would be normal
for the season. The inventories
were listed as 500, 800, 100000 at
the end of June.
Retailers and wholesalers. who
have cut their buying to conform
to a slackness in their own sales,
managed to reduce their stocks of
goods on hand. But goods piled
up in the hands O. manufacturers.
Manufacturers inventories, at a
$39,600, 100000 total, went up $500
million for the month. Retail in
ventories, totaling $18.200.000, 900.
dropped nearly $500 million, and
wholesale inventories, at $11 $780,
100000, were off by about $500
million.
The decline in retail inventories
centered in non durable goods, al
though clothing stocks moved
slightly higher" as an exception
to the general rule. In the retail
durable goods field inventories OF
auto dealers and lumber building
materials stores rose, but the in
crease there was offset by reduc-
ton in stocks of home furnishing
stores.
On the basis of results from ;
special advertising program OF
Heinz baby food begun here las
March, H. j. Heinz Co. announced
the campaign will be continued il
this area through mid-September
H. M. Shepard, who heads tn
company's grocery sales in tn
Washington area, said the recen
newspaper advertising, and othe
means of attracting the attention
of mothers and doctors, wer
having IAN extremely favorabl
effect on grocery store sales il