Evening star., 1952-08-22
Straight Borrowing Up.


Straight Borrowing Up.
Straight borrowing by bushes.
firms in the Fifth Reserve District
as a whole turned upward dur
ing the reporting week for the
third consecutive week, the Rich
mond report stated. Offsettine
the usual seasonal decline that
might have been expected were
loan increases to commodity deal
ers and agricultural professors
principally affecting tobacco mar
ketingS.
Reports from so commercial
banks showed a rise of 1881 ,000
in business loans generally, bring
ing the total increase in the last
three weeks to $4,711,00O, the
reserve bank noted. The total out
standing at the weeks end was
1854, 800 900, a figure $18,904, ,000
above the same week last year
They are still $24,80O,0O0 below
the year-end 1851, however, the
bank said.
Gas Co. Sales Increase.
Total therm sales of the Wash
ington Gas Light Co. to customers
and subsidiaries increased 3.S
per cent in July over a year ago
and also increased 9.38 per cent
during the seven months ended
July 81 over the same period of
1851.
The monthly report issued to-
day showed total sales of 9,589, ,564
therms as against 9,282, 1866 for a
year ago. For the seven months,
the therms totaled 159,699,4l7 as
against 146,0O3,3 ,344.
Sales to customers by the Wash
ington company totaled 5,741 ,6O3
therms in July: by the Washing
ton Maryland company, 2,246,-
O49; by the Rosslyn company, l.
539,537. Consolidated customer
sales brought the figure to 9,527,-
189.
Active meters in Washington
numbered 179,931 in July; Mary
land, 67,403; Rosslyn, 53,767 for a
total Of 401,10 The total meters
at the end of June numbered 3Ol, =
1O1. In June there were 301, ,1O1.
From Dallas it was reported yes
terday that Admiral Harold B.
Sallada (retired), former chief of
the Navy Bureau of Aeronautics.
has been named an executive of
the Chance Vought Aircraft Di-
vision of the United Aircraft
Corporation. He will be concerned
with operational phases of pro-
duction of twin-jet fighter planes
for the Navy. Admiral Sallada has
been manager of the Chicago
plant of Fairchild Engine & Air
plane Corporation since his re-
tirement. p1
COriSh Promoted.
Old Dominion Bank of Arling-
ton. Va, reported today that John
Robert CoriSh of it's staff, had
been promoted to assistant secre-
tary of the bank. President Edwin
T. Holland made the announce
ment. Mr.. Corish is a graduate
of the University of Virginia, B. s.
degree in commerce, class of 1850.
He Joined the Old Dominion staff
shortly after.
Associates in American Airlines
today were congratulating M. G.
DAM Beard, chief engineer for
the company, on his 25th anni-
versary with American. Mr.. Beard
Joined the company as test pilot
in 1927. having flown all types of
commercial transports. He has
played key part in the develop
ment of the DC-3, the DC-4 and
the DEG.
2 Attend Banking School.
Two assistant cashiers of the
AnacoStia National Bank left to-
day for Madison, Wis, to attend
a two weeks School of Banking
at the University of Wisconsin.
They are John NJ. Plemmons and
Carl A. Steele. The Wisconsin
course is widely known through
out banking circles with employees
from more than 80 States attend
ing this year.
The International Business Ma
chimes Corp. announced this week
the appointment of Leroy S.
Crandall as manager of its District
3. which includes Washington.
His headquarters will be in Phila-
delphia and his territory also in
cludes Maryland and Virginia
cities as we'll as New Jersey and
Pennsylvania.
The Guardian Building and
Loan Association in Silver Spring,
Md, has opened a 24-hour deposit
tory window for the convenience
OF customers. Representative
Glenn r. Beall, Republican, of
Maryland. was a speaker at the
opening ceremonies yesterday in
front Of the associations business
offices at 8400 Georgia avenue.