Evening star., 1952-10-29

ScCIctdIS, 1IOUC1C f. DUMMY
treasurer: c. Clinton James, gen
eral counsel.
The nominating committet
headed by Fred A. Smith selected
the following executive council
John P. Balster. First Federal O.
Arlington; Edmond M. Emmerich
Liberty Building; Ray c. Williams
Northeast Building: Martin A
Cook, Enterprise Federal: Carl c
Smuck. Anacostia Federal: Joseph
P. Burke, jr., Mutual Federal.
Joseph Holt Honored.
Mr.. Dyer paid tribute to a spe-
ciaI guest, Joseph w. Holt, whC
recently retired as president o.
the Home Loan Bank of Greens
boro, N. c. and presented a framed
resolution of appreciation from
the league. o. K. Laroque. WhC
has succeeded Mr.. Holt, was pre-
Sented.
Secretary Camp reviewed an
other record year in his annua
report. Assets totaled S504, 4,278,39|
on September 80 VS.. $446, ,449, IS:
a year earlier and invested capita
reached $427 ,409. .857 VS.. $369. .672,
189. Loans totaled $446, ,750 ,69|
VS.. s397 .279,137; reserves, $42,
956.835 VS.. $39.672 .189.
ColumniSt George SokolSky wa
guest speaker.
S75O,0OO Note Placed Here.
Gordon Foods, Inc, has place'
privately a $750.000 promissor
note due September l, 1862
through Johnston, Lemon & Co. o
Washington, it was learned today
Part of the proceeds will b
used to pay off a loan incurred il
the purchase of a new plant a
Cincinnati and pay off an out
standing mortgage on the Louis
vile plant acquired in the las
fiscal year.
Folger, Nolan, Inc, is membe
of the underwriting group toda
awarded $25 million of State o
California school building bonds
The issue was reoffered at price
to yield 10 per cent to 2.25 pc
cent.
DGS Holds Open House.
Members of District Grocer
Stores and former members o
United Food Stores. a group re
Gently affiliated with DGS, at
tended an open house at the DG
warehouse, Fourth and c street
SW., Monday night.
Louis Fox, president and genera
manager of DGS. introduced Ike
employees and outlined purpose
and policies Of operation for tn
newly expanded organization
Talks also were made by Henr
Noon, vice president of DGS an
United Food officers; David Abra
ham. Daniel Bondareff and Rubi
Waldman
Also introduced were DC
charter members. Max Rubin an
Joseph Hais.
Women'S Forum Is Success.
Success of a financial forul
for women at American Securit
& Trust Co. has resulted in plar
to hold one twice a year, Pres
dent Daniel w. Bell announce
today.
The fifth and final session {
the first forum was held Monda
afternoon in the main oftlc
boardroom.
Subjects covered included: Pei
sonal financial planning, invest
ing in a home, mortgages or II
come real estate, investing
stocks and bonds, and wills, trus
and estate planning. Mr.. Be
presided. All speakers we're off
GERS of American Security.
Committee Chiefs Named.
Wilbur C. Dieter of Union Tru
Co. chairman of the fiduciari'
section of the District Banker
Association, announced the TO
lowing committee chairmen al
pointments at a dinner meetir
of the section at the Kenwoc
Country Club last night:
William S. French, jr., Amer
can Security & Trust, program
Melville w. Stuart, Union Trus
trust law and legislation; B. Bru'
Frantz, American Security, tru
investments: Alfred T. Soude
American Security, standardiz'
ton; Miss Mildred E. Foy, Rig
National, taxation; Miss Chariot
A. Engel, National Savings
Trust, publicity; James E. Come
American Security. bulletin; He
man G. Lauten, National Saving
nominating.
Charles T. Akre of the law fir
Of Miller & Chevalier was que
opeaker
d. C. Agent Appointed.
E. Ralph Cross, who has be-
tH IlIS Sc1lCI d4 4IC1S11t OAAINC0
ne Baltimore g. Ohio Railro
acre since 1888, has been appoint
Washington district freight agel
j was announced today.
The Washington Maryland Mer
a@d Boys Apparel Club will no
is Holiday-Spring Mac Mart
the Lord Baltimore Hotel in Bal
more Sunday and Monday. T
clabS spring show will be he
here at the Willard Hotel ia
udlE lib.
The new Crosley ShelvadorS we
introduced at a noon luncheon
the Willard Hotel yesterd;
henny Youngman, TV and sta
star served as host for the Iegt
Distributing Co. Plans for sa
contest We're announced.
Malco Wholesalers, Inc, has
celVe1 d distributors franchise
WESTINGHOUSE. small applianc
us appointment was announced
a dealer dinner meeting and pl
view OF 1858 lines at Hotel Stat
Monday night.