Evening star., 1951-08-09
DC. Area Employment
During June Reached
New AII-Time Record
Bv Nelson M. Shepard


ward trend during June, establish
ing the highest level in history
the United States Employment
Service disclosed in an analysis
today. Though the gain was less
than one-half per cent, it was
made in the face of pronounced
showdown in Government hiring
and spreading shortages Of quail
fed workers.
Total employment, estimated at
609,700, was exclusive of agricul-
tural. self employed and household
workers, as we'll as armed forces
personnel and employees of foreign
governments. This new level is
38,5O0, or nearly seven per cent
above employment during June of
1850. Government expansion in
June was only four-tenths of one
per cent, the lowest rate in recent
months.
The demand for workers as
turnover requirements or for eX-
panSion continued strong during
the month. Though governmental
demand was relatively light, the
total number of workers hired
from Employment Service Offices
of the area held close to May
levels. About 10000 jobs were
listed at the end of the month as
untitled. Currently, unemploy-
ment in the area is estimated at
16,700, at ratio of about 212 per
cent of the total labor force. This
ratio is from p to per cent
below the national average.
More U. S. Hiring Seen.
Government hiring, it was re-
ported, should rise after budget
uncertainties are cleared. Moth
ing happened in June to brighten
the workers supply prospects. All
indications pointed to continu-
ance of the trend toward tighter
supply.
Reduction in the supply of
workers trained in semiSkilled,
skilled and professional and man
agerial occupations is evident. it
was said. In some white col
lar" occupations the supply of
fully qualified job seekers about
approaches the vanishing point.
But it was claimed the prospects
of lowered job specifications may
serve to break tight supply in
months ahead.
Credit Co. Earnings Up.
Paying out more in taxes than
1t received in net income, the Com
mercial Credit Co. of Baltimore,
ended the first six months OF the
year with a net of $10,624,97 or
$466 a share. This compared with
$3.50 a share after taxes for the
same time last year. Net income
for the II months ended June 80
was $19,839,930, after taxes. or
$870 share.
AS an indication of the tax bur-
den of big corporations, CONNER
cial Credit had to make provision
for $12,776,370 in income and ex-
cess profits taxes for the six-month
period, equivalent to $500 share.
Before taxes, the company had
a record net income of $23, ,401 ,343,
larger than in any similar period.
Last year the same period ac-
counted for $18,035,577.
Bank Resources Gain.
The Citizens Bank of Riverdale
had total resources of $10,948.718|
on June 80, compared with $685.
1876 on December 81. 1949: $9,279,-
469 on June, 80, 1850, and $10,-
516,885 on December 81, 1850. Al
fred H. Smith is president of the
bank, which has branches in Avon
dale and Bladensburg.
Food Fair Super Markets of the
Metropolitan Area, today an
nounced the appointment of joe
Vance as director of produce op-
erations. George Gross, formerly
connected with commission
merchant business, was appointed
assistant buyer and produce su-
pervisor.
Mr. Vance's Office will cover all
phases of produce including pro-
curement, distribution and mer-
chandising. With years of expe-
rience in the Washington market,
he was formerly connected with
a national chain as local produce
procurement director.
Food Chains Plan Meeting.
An announcement today said
the 18th annual meeting of the
National Association of Food
Chains will be held in Washing
ton. September 1927. Exhibits
of the newest food store and of
flee equipment will be displayed
by more than so leading manu-
facturers. More than $4,000 stores
are represented by members of
NAFC.
The c. B. Macke Corp. has ap-
pointed Henry j. Kaufman & AS
sociateS as advertising counsel.
The agency will direct a promo
tion campaign by advertising a
coupon premium plan in con-
junction with cigarette sales. The
Macke corporation operates a
majority of the automatic ciga-
rette and candy vending machines
In the Washington area.
Federal Washington, Inc. has
been appointed distributors of
Federal Motor trucks for the
metropolitan area, is was an
nounced by the truck company.
The agency was incorporated last
April with Col. o. o. Ellis as
president; J. E. Hoffman, vice
president and general manager;
Lewis L. Hawley, treasurer, and
George S. Yost. jr., secretary.
Federal Trucks does considerable
Federal, State and county business
in this area.
Executives at Institute.
Eight trade association execu-
tives from Washington and JAY
Judkins, chief of the Trade Asso-
citation Division, Commerce De-
partment, are in New Haven,
Conn, participating as faculty in