Evening star., 1952-03-21

of the Hilton Hotels Corp. have
approved merger agreement and
Hilton stockholders will vote
April Is.
Under the proposed agreement
minority stockholders Of the May
flower will receive one share OF
Hilton stock for each OF their
shares. On consummation OF the
merger, dissenting minority hold
ers of Mayf1ower stock would have
the right to sell their stock for a
period Of 80 days at $19.10 a share
The Mayhower earned $509. .234
or $1.31 a share in 1851, compared
with $573,4 ,447 or $1.47 share ir
1850, the annual report showed
Gross revenues were $6.682, ,241 VS.
$6.OO1, 1856 in 1850. Profit before
income taxes was $1,167 ,295 VS.
$l.016,675. Income taxes rose to
$65S, ,061 VS.. $443,228 in 1850.
Boushan to Speak at Chicago.
Thomas C. Boushall, president
of the Bank of Virginia at Rich
mond and chairman Of the board
of the Union Trust Co. here, will
address the opening session Of
the American Bankers Associa-
ton instalIment credit conference
ct Chicago Monday.
Mr.. Boushall's subject viii be:
The Outlook for Consumer Cred
1t"
The three-day conference Is
sponsored by the Consumer Credit
Committee Of the ABA. Of which
A. Scott Offutt, president Of Ana
costa National Bank, is the
Washington member. Paul w.
Welsh of Atlanta, Ca, is commit
tee chairman.
In addition to Mr.. Boushall
and Mr.. Offutt, w. A. Spaugh,
assistant vice president in charge
of consumer finance for American
Security q Trust Co., and Hart
well Taylor. executive director Of
the Consumer Bankers Associa-
ton, will attend from Washington.
New Bank Branch to Open.
Suburban Trust Co. will open
o new branch Office in the Kass
Shopping Center at the corner Of
New Hampshire avenue and East
West highway In nearby Mary
land about May /. depending on
completion Of the building, Chair
man T. Howard Duckett an
nounced yesterday.
T. F. Rosewag will be manager
Of the new branch and is super
vlsing the installation of bank
ing facilities, which will include
q dr;ve-in window and q night
depository.
Mr.. Duckett said the new
branch will fill a real need in
rapidly growing community.
Named to NAM Committees.
Six Washington men have beer
appointed to policy committees o.
the National Association OF Man.
Ifacturers.
L. s. Hitchner, executive secre-
tary Of the National Agriculture
Chemical Association. will serve
on the Federal, Subsidies Com.
mittee.
The i've others. who were
named to the Committee on Con.
servation Of Natural Resources
include: Edward n. Graham. chie1
of the biology division Of the Sol
Conservation Service; James w
Douthat, Lambert n. Miller .ane
william Neal Of MANS Washing.
ton Office, and Gordon K. Zim.
norman of Harry Ferguson, Inc.
Speaker for League Meeting.
Jerry voorhis, executive Secre-
tary of the cooperative League o.
the United States and for Il
years q member Of Congress from
California, will address the annua
meeting of the District Credil
Union League Saturday night 81
the Hamilton Hotel.
An all-day business session vii
precede the dinner meeting. There
now are 30 credit unions here
compared with 73 year ago.
Sales Of Washington Gas Ligh,
Co. in February totaled SO, ,668. .16l
thermS, gain Of 7.28 per CEN
from 31.S82. 1886 in February. 1851
the company announced. Sales II
two months this year totaled Co.
105,587 therms. gain Of 9.3 pc
cent from 63, ,225, 900 q year earlier
John B. Names has been names
general manager and pers0nne
director Of Mac Manners, gift ant
homewares store at 1912 g street
NV.