Evening star., 1951-07-12

Trust Co. '''''''''''''''''
Deposits on Mr.. offutt.
June 80 totaled $13,876,705 VS..
$12,782,848 last December 81
while assets amounted to $14,-
727,536 VS.. $13,594,741.
Cash and due from banks
amounted to $3,131,741. an in
crease of $379,17 since December
81. Holdings of Federal securities
amounted to $6,149, ,282, a rise of
$640.714 in the six months. Loans
and discounts of $5,272,189 were
up $184.683.
Alexandria Bank Growing.
The Citizens National Bank of
Alexandria showed impressive
gains in its statement as of June
80, date of the recent bank call.
Compared with April 9, date of
the previous call, there was gain
of $3,560,064 in assets, an increase
of $3.519,571 in deposits, a rise of
$2,6O9.897 in holdings of Federal
securities and a gain of $187, 100
in loans and discounts.
Assets on June 80 totaled $24,-
925,379; deposits, $23,4?8,642:
holdings of Federal securities,
$12,566,532 loans and discounts,
S6,354,755. Cash and due from
banks reached $5.282,7o1, a gain
of SSO3,666, but undivided profits
of $138,242 were down S24.791.
Bank Dividend Declared.
Directors of Washington Loan
g. Trust Co. yesterday declared a
quarterly dividend of 8 per cent
on capital stock, payable August
l to holders of record July %.
Books will be closed for transfer
of stock from July "a to August
!, inclusive.
Mrs. Althea O'Hanlon, director
of passenger service for Capital
Airlines, has been elected vice
president of the Women's Adver-
tising Club of Washington.
Charles L. Black, formerly
managing editor of Flying Maga-
zine, has joined the Washington
staff of Hill & KnoWlton, Inc,
public relations firm, and will de-
vote full time to activities OF the
Aircraft Industries Association.
Mrs. Black, who moved here re-
Gently with her husband, was for
merly an association editor OF
Flying.
Enterprise Federal Reports.
Enterprise Federal Savings &
Loan Association reported assets
of S7161,474 on June 80, a gain
of $761 800 since the same 1850
date.
Invested savings of S6,617,742
were $61O,775 above a year earlier,
First mortgage loans of $685. ,955
were up S532,514, while cash on
hand and in banks amounted to-
$244,704, a gain of $23,272 from
June 80, 1850.
Listed in the assets was Sl4O,-
900 of Federal Home Loan Bank
stock compared with $65,000 a.
year earlier. Surplus and re-
serves of $469,913 were upj
$78,303.
New Sales Promotion Chief.
Richard G. Meybohm has been
appointed to the newly created
post of sales promotion director
of S. Kann Sons Co., President
Sol Kann announced.
Mr.. Meybohm has been as
sociated with retail business since
1880 when he joined the staff of
A. Altman 81 Co., following
graduation from New York Uni
versity.
Later he was publicity director
for James McCreery of New York
and was with the National Retail
Dry Goods Association for time.
Recently he has been publicity di-
rector for a Los Angeles depart
ment store. He will return East
to assume his new duties July %.
1,729,OOO Policies in d. c.
Life insurance in force in the
District at the end of 1850 totaled
$2,O37 100000 and included 1,729,-
900 policies, the Institute of Life
Insurance disclosed. Listed were
435.000 ordinary life policies for
$1,247 million, 100000 group GER
tificates for $529 million and 1885,
OOO industrial policies for $261
million.
Deposits of the Bank of Bowie
on June 80 totaled $1,213 AL VS.
$1,063, 100 at the end of 1850. As
sets rose to $1,335, ,523 VS.. $1,182,-
OTIS. loans and discounts to $466.-
781 VS.. $370070, while cash and
due from banks reached $313,497
VS.. $215,253.
Voice of America Program.
The Voice of America will be
heard at the annual summer
workshop of National Capital
Forge, American Public Relations
Association, next Monday after
noon and evening at the Willard
Hotel.
Members and guests will have
the opportunity to hear the Voice,
as well as Russian transmitters
trying to liam" the broadcast.
Russian propaganda films will be
exhibited along with publications
of the United States Information
Service. The program will start
at pm. with a panel discussion.
w. Ford Harvey of Bethesda
this week celebrated his Goth an
niversary as a representative of
Penn Mutual Life Insurance Co.
He is a member of the Crowley
and MARI Agency.