Evening star., 1951-01-21

pared below with October and the
end of 1949, rounded to thousands
of dollars:
pss ESQ 80 qss nssc : Dss5 fs4s g.
tadd oool (add oooy tadd 900,
Bus, loans s119142 s112,755 Ss3. .43s
eai eea sI ms laSsss assss laiSss sss sss
Total Ins. 347,s53 336.766 2s5. .399
~ Bonds sS4sss seasS5 sss 4sl9a4 81 ast
Time dep. 1905 21O,O66 2O6,305
League to Hold Banquet.
Government and business lead
ers will be among the guests at
the annual banquet of the District
Building and Loan League at the
Mayf1ower next Saturday night.
Guests will include Senators
Dirksen, Republican. of Illinois.
and Neely. Democrat, of West
Virginia; Representative Sasscer.
Democrat. of Maryland; Mrs.
Georgia Neese Clark, Treasurer
of the United States; Raymond
M. Foley, administrator, Housing
and Home Financing Agency;
Chairman William K. Divers, j.
A. Adams and 0. K. LaRoque. all
of the Home Loan Bank Board.
and Thornton w. Owen, president
of the Washington Board Of
Trade.
Fred A. Smith. league presi-
dent, said more than $50 mem
bers and guests are expected.
Gen. Hershey to Speak.
Maj. Gen. Lewis B. Hershey.
Director of Selective Service, will
speak on "Selective Service and
Manpower Problems" at the
January dinner meeting of the
District Control, Controllers 1nstl-
tute of America. at the Carlton
Hotel, Tuesday night. The Balti-
more control will attend the ses-
sion.
The Agency Management Com
mittee of the ational Association
of Mutual Insurance Agents will
meet here today with R. E. Hill
of Chattanooga, Tenn, associa-
ton president, at national head
quarters in the Continental
Building.
Transit Moves on Curb.
Trading in Capital Transit Co.
stock on the New York Curb Ex-
change increased to 1900 shares
for the last week, while no trans
fers were reported on the WASH
ington Stock Exchange. Transit
opened Monday at $35 and closed
yesterday at $36, the weeks high.
Before last July it was traded only
on the Washington exchange.
New shares of Mergenthaler
Linotype Co. were traded Friday
at $34 on the Boston exchange.
but none appeared on the WASH
Iington exchange. Under the z
lfor-1 split, this represented sos
for old shares.
Washington department store
sales in the week ended January
13 were IA per cent above the
preceding week and 80 per cent
above the like 1850 week, the
Federal Reserve Bank OF Rich
mond reported. Sales in four
weeks ended January 13 were 2S
per cent above a year earlier.
Suburban Bank Earnings.
Suburban National Bank earned
a net profit of $195,726 in 1850 VS..
s191 .269 in 1949, President Fred l..
Lutes reported.
Capital, surplus and undivided
profits at the year end totaled ST.
745, ,276 VS.. 81 ,493, ,796 year earlier.
Assets amounted to $30,137 ,l49
VS.. SIG, 1861 ,636 a year earlier and
deposits totaled $28,281,535 VS..
S25, ,347,779.
Lawrence L. McKenna, writer on
finance and economic subjects and
a graduate of Georgetown Law
School, is the author of a new
publication, The American Sc
curity Letter, issued by the Ameri-
can Security g. Trust Co. The
first issue carries an excellent
summary of 1851 tax prospects.
George A. Hates, general agent
here for the Fidelity Mutual Life
Insurance Co. addressed the
Newark, N. j.. Life Underwriters
Thursday.
c. Carney Smith, general agent
for the Mutual Benefit Life In
surance Co., is attending the an
nuM meeting of company agents
at Belleair, Florida, this week.
Frank T. Rooms led the Johns
Lister McElfresh Agency of the
Connecticut Mutual in 1850 pro-
dylctiOn