Evening star., 1952-12-05

with the ap-
proval of the
Treasury De-
partment.
In this con- ss%
nection the Mr.. Coriey.
Board of Directors has elected
Hilbert A. Corley as assistant
cashier and designated him as
manager of the new Office. He
was promoted from assistant
branch manager of the banks
facility at 4019 South Capitol
street. A native of Washington,
Mr.. Corley has been associated
with Anacostia National Bank
since graduation from the Ana
costa High School in 1941. He
has been with the bank continu-
ously except for four years spent
in the armed forces. While with
the bank he attended the Benja-
min Franklin University School of
Accounting and the American In
stitute of Banking, where he is
now majoring in credit admins
tration.
The AnacoStia National Bank isl
now serving four other locations
in addition to it's South Capitol
street branch. These are at 2000I
Nichols avenue S. E., an Office in
the Naval Research Laboratory, /
an Office in the Naval Receiving
Station and now the one con-
templated at Boiling Base.
Auditors to Meet.
The monthly meeting Of the
auditors section of the District of
Columbia Bankers Association will
be held next Thursday at 6:30l
pm. at the Burlington Hotel. Lee
D. Pennington, Federal Bureau of
Investigation inspector, will be the
guest speaker.
c. Carney Smith. general agentl
Of the Mutual Benefit Life Insur-
ance Co., today announced the|
appointment of Leslie H. Jacksonl
as agency supervisor in the Wash
ington Office. He is native oil
this city and graduate of
Georgetown University, havingI
joined the agency in June, 1850.
Mr.. jackson is a member of the
District of Columbia Life Under
writer's Association and secretary
treasurer of the Life Insurance.
Club Of Washington.
The weekly report from the
Federal Reserve Bank of Rich
mond. today, showed outstanding
commercial loans of the IA mem
ber banks here advancing 81 ,321,-
600 to another all-time high of |
1857 $4,000 on November 26.
Commercial Loans Rise. /
The record was $S7. .925, 900 /
above the corresponding date last /
year. Commercial loans of $157,-
$4,000 were 1924, 900 higher thant
for the previous week, exceeding /
the figure Of year ago by $2l,-
$4,000. Real estate loans totaled /
SLOT 1854 900 for the week, gain
Of $250.000 over November 19.
Other loans, chiefly consumer.
were $86. $780, ,000. This was an in
crease Of $660.000 over the previ-
Gus week.
Total investments of $526,72O
900 were up $5,44O, 900 for the
week. Demand deposits of $9O2.-
305,O00 were down $1,333, 900:
debts totaling $236,095, 900 were
$47,O46,000 below the previous
weeks figure which had registered
an unusual gain of 26.8 per cent
during that week.
November Clearings Down.
Washington bank clearings in
November declined to 1927, ,169,027.
a drop of 10 per cent from $474,-
709,S26 in the previous month.
and were 81 per cent behind
$449,989,11S in November, 1851,
George H. Bright, clearing house
manager, announced.
ClearingS in II months this year
aggregated $4,754, ,90S,413, a de-
cline Of per cent from $4,799,-
6S4. .52S q year earlier.
Washington Chapter, American
Savings and Loan Institute, will |
participate in the fifth annual
regional conference to be held in /
Baltimore tomorrow. Several
hundred institute members from
the seaboard will attend. with two
Washington men on the program
Speakers Scheduled.
Scheduled to address the group i
in Baltimore are Verne Bonestell,
chief examiner Of the Home Loan |
Bank Board. and William E. Poul- |
ton, national president of the in
stitute and vice president and |
treasurer of Columbia Federal
Savings and Loan.
John E. Bierwirth, president of /
National Distillers Products Corp,
has been elected a director of |
Trans-World Airlines, Inc, effec-
tive on approval by the Civil
Aeronautics Board. The election
took place today at the airlines'
board meeting in New York. He |
fills vacancy created by the re-
cent death of Nelson S. Talbot.
Employees of Lansburg's depart
ment store will receive Christmas
bonuses December 16, according
to Ralph L. Goldsmith, president.
The amount of bonuses will vary
according to length of service,
from under 3 months to moret
than 10 years.
Jack Shulman is now associated
with House & GertSin Advertising
Agency. in charge Of It's Foodtown|
and Super Market account. He
was formerly with Food Fair Mar
kets Of Washington where he has
been succeeded as advertising
manager by James M. Duncan.