Evening star., 1952-10-16

taken by directors for 13 consecu-
tive years. The payment is in
compliance with regulations of
the Wage and Salary Sterilization
Board.
In presenting the bonus, Mr..
Reilly told the banks staff "Our
great strength rests in loyal en-
ployes whose faith in the insti-
tuition and devotion to duty trans
cends all other considerations. "
The banks gross earnings for
the fiscal year ended September
80 reached an all-time high of
$1,093, ,704, but net earnings for
the period were $4,000 below the
previous year due to a $57, 900
increase in operating expenses,
he reported.
Problem of Rehabilitation. \
Can private enterprises success
fully rehabilitate the substantial
residential properties in Foggy
Bottom and Capitol Hill areas of
the District as has been done in
Georgetown?
This is the question to be dis
cusSed at forum to be held by
the District Chapter, Society of
Residential Appraisers at a din
ner meeting at the Burlington
Hotel next Monday night. Presi-
dent William Throckmorton an
nounced today.
William w. Nolan, first vice
president of the chapter. will
serve as moderator. Members of
the panel will include Milburn
Donohue. Stanton Kolb, Charles
L. Norris, ST., and Charles L..
Norris. jr. Mr.. Throckmorton will
preside.
Bank Fiduciaries to Meet.
The FiduciarieS Section of the
District Bankers Association will
hold its fall dinner meeting on
Tuesday, October %, at the Ken
wood Golf and Country Club,
Chairman Wilbur C. Dieter of the
Union Trust Co. announced.
Charles T. Akre will be the guest
speaker. His subject: Taxes"
Dinner will be served at z pm,
after social period starting at
6:15 pm.
Gas Sales Above Year Ago.
Sales of Washington Gas Light
Co. in September totaled 1O,622,-
563 thermS. an increase of 1852
per cent from 9,267 ,666 in Septem-
ber, 1851, the company reported
today.
In nine months this year, sales
aggregated 179,580,611 therms, a
gain of 9.52 per cent from 163,-
975,849 in the same period last
year.
Heads Mutual Agents.
John H. Kroll Of Washington,
president of the Mutual Insurance
Agency. Inc, was elected president
of the National Association of Mu-
tualt Insurance Agents at the
groups 21st annual meeting.
Charles M. Boteler and Philip l..
Baldwin, also of Washington, were
elected treasurer and reelected
executive secretary, respectively.
Mr.. Kroll has been active in as
sociation affairs for a number of
years. He served for an extended
period as treasurer, and was
chairman of the finance commit
tee
The Association maintains head
quarters here in Washington.
B & o Earnings Up Sharply
Net income of the Baltimore
and Ohio Railroad in November
was around $3.6 million, a gain of
nearly SIT million from Septem-
ber, 1851. President Roy B. White
announced. Net for nine months
was nearly $18 million, an in
crease of nearly $5 million from a
year earlier.
John M. Wolff. jr., of st. Louis
was elected president of the Print
ing Industry of America at the
annual convention in st. Louis.
Elmer NJ. Pusey of Judd & Det-
weller here, was reelected treas
urer.
Preble Staver has been pro-
NOTED to legislative editor for
American Aviation. A graduate
of the University of Pennsylvania,
he joined the magazine two years
ago as rates and tariffs editor.
Dodge Prices Unchanged.
Despite sweeping style and
chassis improvements. prices of
1858 Dodges will be substantially
unchanged, it was disclosed here
yesterday at preview of the new
models at Hotel Statler.
Four employees of the Washing
ton Division of American Oil Co.
will leave tomorrow for a seven
day tour of the Texas oil fields
Selected on the basis of sales per-
formance, they include: James G.
Blake. Howard I. Glashoff, Everett
E. DELPHI and Herbert N. Gray.