Evening star., 1951-08-17

ing the late A. N. Miller who,
with his brother, w. c. Miller,
founded the firm in 1912. William
c.. Miller, jr., was elected vice
president.
AS builder and developer of
Wesley Heights, Spring Valley and
Sumner, the firm gained wide rec
ognition in developing home COM
munities of high grade order.
The new president, % years old,
attended Washington and Lee and
George Washington Universities.
He has been a member of the
board and actively associated with
the firm since 1916, during which
time he served in various depart
ments under the skillful direction
of his father. The new vice pres
ident is a son of William C. Miller
who died in 1899. Another men,
Der of the family, Edward j. Mil
Ter, has been a vice president for
several months.
Merck Manager Named.
Joseph A. McGroarty has been
made manager of the Washington
Office of Merck & Co. Inc, manu-
featuring chemists, succeeding E.
F. Marsiglio, who died in March.
The Office is in the Cafritz Build
ing.
Prior to this assignment. Mr..
McGroarty was chief of the
standards section of Merck's in
dustrial engineering department
in Railway, N. j. He has been with
the company since 1941. In his
new capacity, he will be RESPONSE
BILE, also, in handling government
business in the defense effort.
Philco Corp. has declared its
regular quarterly dividend of 40
cents a share on common stock
payable September IL to holders
of record August 27. The board
also declared the regular quarter
ly dividend of 9334 cents a share
on it's preferred stock, 334 per cent
Series A, payable October l to
holders of record September IS.
Greyhound Corp. has declared
a quarterly dividend of Is cents
a share on common stock and the
regular quarterly dividend of
$1.06A a share on the 4H per
cent cumulative preferred. Both
dividends are payable October /,
out of earned surplus, to holders
OF record September 10.
Attending Chicago Convention.
The entire sales force of Mid
Atlantic Appliances, Inc, 2O46
West Virginia avenue NE, to-
gether with the owners, I. S.
Burke and Sam Cohen, and H. P.
Brightman, general manager, are
In Chicago today attending the
Admiral convention, which con-
tinues tomorrow. The wholesale
force of all distributors will be
guests of the Admiral Corp. to-
night at the Cali Star" football
game which is being televised and
broadcast by Admiral. This broad
cast is on Station WMAL-TV,
here
Luke Shepherd, Arlington busi-
ness man, has become associated
with the Mutual Life Insurance
Co. of New York, it was an
nounced today by Charles P.
Rice, District manager. At pres
ert. he is completing the Mutual
training course.
Formerly owner of the Green
wood Sales and Service Co. in
Arlington, Mr.. Shepherd previ-
ously held an administrative po-
sition with the Washington Gas
Light Co. for IA years. He is q
graduate of the accounting schoo
of Southeastern University anc
lives with his family at 3215 North
Vermont street, Arlington.
Bank Loans Decline.
The Federal Reserve Bank ol
Richmond reported that Washing.
tons IA member banks totalec
$309, $4,000 in outstanding loan.
as of August 8, compared with
$312,878,000 on August /, a de.
cline of $3,424,000.
Commercial loans aggregatins
$131, ,789, 900 also showed decline
contrasting with $134,505, 900 ir
the previous week. On the othel
: hand, real estate loans increased
the August 8 figure being $97, ITS
600. as against 93,475,000.