Evening star., 1951-09-26

Ston Adams ana %
Kenneth Heis-
ler.
hairman
Divers compli- Mr. Sm''n
mented Mr.. Smith for the excel
lent manner in which league al
fairs have been administered dur
ing his tenuNe of Office ano
Stephen A. Slipher, vice president
of the United States Savings ano
Loan League, praised the SOUND
growth of the leagues member IN
stitutions.
William H. Dyer, secretary OF
the Perpetual Building ASsocla-
ton. who is slated to succeed Mr
Smith. will assume his new duties
after the annual election October
Is aboard the Ocean Monarch,
which will be returning league
delegates from trip to Bermuda
Gas Dividends Declared.
Directors of Washington Gas
Light Co. today declared regular
quarterly dividend of $l.1212 a
share on its $3.50 cumulative con-
vertihle preferred stock, payable
November 10 to holders Of record
October 25.
A quarterly of S106A a share
on its S4.25 cumulative preferred
stock was declared on the same
payable and record dates.
A quarterly dividend of 37l2
cents a share also was declared
on common stock, payable Novem-
Der to holders of record Oc-
tober Is.
VepcO Plans Bond Issue.
Virginia Electric & Power Co.
will sell $40 million of first and
refunding bonds at competitive
bidding in December to finance
construction, President Jack G
Holzclaw announced. Bids will
be opened about December 10.
Hecht Co. has awarded con-
tract to w. Lee Moore & Associ-
ates to prepare plans for erection
of a shopping center on a 16-acre
site in the northern section OF Ha-
gerstown, Md. Zoning restrictions
have been lifted for the project
plans for which were announced
y,1Ora fhoT1 wear aOn
Decision in the bitter proxy
fight for control of United Cigar
Whelan Stores Corp. will be de-
layed at least until Friday to per-
nit checking of proxies. A specia
stockholders meeting at New York
yesterday was adjourned until
1::30 pm. Friday.
ALB Women Hold Dinner.
Talks stressing the growing i'm
portance of women in banking and
suggestion that Washington
Chapter, American Institute OF
Banking should consider a woman
to head the chapter were features
of the annual education dinner OF
the women's committee of the
chapter at the Washington Hotel
last night.
Miss Barbara Pendleton, chair
man of the Institutes National
Women's Committee and an officer
in a Kansas City bank, declared
that 54 per cent of bank employees
in the Nation are women and that
the figure for Washington prob
ably was nearer Sc per cent. She
added that 5000 women were bank
officers.
Mrs. Dorothy Lanham of Sec
ond National Bank, chairman OF
the Women's Committee here
presided and Ralph H. Mitten-
dorf of American Security &
Trust Co., chapter president, pre-
sented certificates and prizes
earned last year.
William H. Smith Of Riggs Ma
tional Bank, second vice presi-
dent of the chapter, offered the
suggestion that number OF
women members had served the
chapter faithfully and should be
considered as good material fol-
presidency of the chapter. Wash
ington chapter never has been
headed by a woman. although
some chapters have.
Eleanor Watt, National Metro
politan Bank, received the Bank
Women's Club prize for the high
est grade average among chapter
women. Certificates and group
prizes follow:
e-standard-EloiSe Mathewson, Ma
tional SAVINGS & Trust; Betty Baker, Sub
urban Trust; Lillian Brooke, Suburban
lthird prize; Geraldine Hawkins, Firs
Federal Savings and Loan tsecond prize)
NJ. Pearl Huffman. First National Of Alex
andria; Mary L. Hamper and Barbara G
Tucker, both Of Suburban,
Standard-Marguerit Detterer Ameri
can Security; Jane w. Love, Riggs; Mis-
Watt Second prlze).
Gets Hallicrafters Line.
Edgar Morris, president of Ed.
gar Morris Sales Co., announced
today that his company has beer
named exclusive distributors fo
xs..... H a lie rafter
radio and tele
vision in thi
area.
The 1876
" H a II icrafterS
line will be ex
hibited to deal
ers in a gal
premier show
ing at tn
M a y flowe
Hotel for thre
days next weel
starting Wed
day.
Mr.. Morris. Tn uelcoroi,,