Evening star., 1951-10-25

GeOrSe WdSt1-
ington Univer- Mr.. Johnson.
sity and served as an internal
revenue agent in the Treasury
Department here from 1915 to
1920 when he was transferred TO
Milwaukee. Three years later he
entered the investment banking
business. In association with
others he established the Milwau-
kee Co. in 1929 and became presi-
dent in 1884. Recently he was
elected a director of National
Thrift Committee, Inc.
A native of Spartansburg, S. c..
MI. johnson attended Wotford
College there before coming to
Washington.
More than 81 million OF the
public housing bonds marketed
yesterday were sold here. Wash
ington dealers who were members
of the Phelps, Fem & Co. group
that was awarded $1095 million
of the bonds, had committed
themselves to take SIS million.
Homer HOyt to Talk Here.
Homer Hoyt Of Chicago. con-
sidered one of the top urban land
economists of the Nation, will ad-
dress the Washington Board of
Trade at the first of a series of
three noon luncheons for general
membership at the Mayf1ower on
Friday, November 16.
He will discuss the problems
created for central business areas
by the shift of population to the
suburbs. a subject of particular in
terest in Washington. At the fol-
lowing luncheon meeting the
Trade Board plans tentatively to
have a panel discussion of the
same subject, with particular
reference to conditions here.
The noon luncheon series was
announced at the first evening
general membership meeting at
the Maydower last night by Presi-
dent Thomas J. Groom. The
usual six evening membership
meetings will be reduced this year
to three. The other two will be
held in January and May.
Credit Conference to Be Held.
The National Credit Conference
OF the American Bankers Asso-
citation, at Chicago December 3-5,
will cover all phases Of bank lend
ing and will stress the Importance
of flexible operations in view of
present uncertainties, 1t was an
nounced by the ABA's Credit
Policy Commission, which is ar
ranging the conference.
Among the prominent speakers
listed are: C. Francis Cooke of
Roanoke, Va, president of the
ABA; Dewitt Ray of Dallas, mem
Der of the Reserve Boards Ad-
visory Council; Ross D. Siragusa,
president, Admiral Corp; Henry
w. Hermann, executive vice presi-
dent, National Association of
Credit Men; Theodore w. john
son, second vice president, Robert
Morris Associates; Rudolf Smutny
member Of the national committee
in charge of the voluntary credit
restraint program; Kenneth K.
DuVall, president, Merchandise
National Bank of Chicago: DR..
Earl L. Butz, Purdue University.
PAU M: WEIGH, chairman of the
ABA Consumer Credit Committee;
Jesse w. Tapp, executive vice
president, Bank of America.
Appointed Vice President.
Rear Admiral James D. Barner.
United States Navy, retired. has
been named vice president and
a director Of the Gyrodyne co. of
america, Inc. He will be Gyro-
dyne's Washington representative
Before retirement. Admiral
Barner was a qualified naval avia-
tor Tor n years, of which six years
was as an engineer officer and
Navy test pilot.
In 1926 he was one of three
Navy officers who formed the orig
mai Naval Test Center at MAS in
AnaccStia, and after the war was
the first co of the Naval Air Test
Center Patuxent River, Md, when
he became the aviation member
OF the Board of Inspection and
Survey in the office of the chief
of naval operations.
Heads Capital Delegation.
Howard K. Hyde of the Defense
Department will head a Washing
ton delegation to the annual fall
conference of the Society for Ad-
vancement of Management at
New York November l-2. Mr.. Hvde
is national secretary.
The conference will include 26
sessions on productivity, cost re-
duction and human relations
Presentation of the Emerson
Trophy Award for the most out
standing chapter is scheduled al
a luncheon on the first day. Mr.
Hyde will serve as chairman fol
q human relations session Friday
4 afternoon. ,