Evening star. [volume] (Washington, D.C.) 1854-1972, 1952-09-16

chairman.
Assets totale(
Mr.. Fleming. $685., 496, l97 OF
September 5, a rise of $780, 1t
since June 80 and 1882, STE
from a year earlier. Cash anc
due from banks amounted to $780,
998,562, gain of $8,620.873 since
midyear and $6,439. 425 above last
fall.
Holdings of Federal obligation.
totaled $l55,412.582, a gain Of
$l11,047 since June 30 and SIS ,299,.
414 above a year earlier.
AS previously reported, deposit:
Of $343. 222,319 were up $13,563,.
065 since midyear and $23, 800, 14s
above October, 1851. Capita
funds of $19.895.019 were down
$12,986 from June, but $685., 73s
above the like date last year.
Air Travel Behind 1851.
Passengers arriving and depart
ing at Washington National Air
port in August totaled 225, 1892, a
seasonal pickup from 215,914 in
the previous month, but remained
behind 226,504 in August, 1851, air.
port officials reported today.
Passengers for the first eight
months of this year. however. to-
tailed 1,627,092. compared with
1,6O7,875 a year earlier.
Pioneer in Stable Jobs.
For pioneering in ''full employ
ment" in the clothes industry.
Brookf1eld Clothes, Inc. of New
York received the National Econ
oray Award for 1852 from the
Arnalgamated Clothing Workers of
America, yesterday at luncheon
at the Statler Hotel.
Secretary of Labor Tobin, who
made the presentation on behalf
of the New York Joint Board of
the union, referred to the Brook
field company as "a pioneering.
courageous concern. pilot plant
in showing how it is possible to
give their workers fun employ
ment." He also declared that no
group had played a more impor-
tant part in strengthening the ma
tional economy than trade unions.
This talk of full employment in
industry and the annual wage is
yet in the academic stage" Mr..
Tobin said. It has taken the
Brookfield company. in an indus
try that operates only So to 40
weeks a year, to point the way to
others. he said.
Jacob S. Potofsky. president Of
the clothing union was toastmas-
ter at the luncheon, attended by
businessmen and officials.
Furniture Sales Down.
Sales Of seven Washington fur
niture stores in July were 6 per-
cent behind July. 1851, and for
seven months this year were Z per
cent below year earlier. the Fed
eral Reserve Bank of Richmond
announced yesterday.
The bank also reported that
member bank earnings in the
Fifth Federal Reserve District dur
ing the first half of this year were
about equal to year earlier after
taxes. Because of further rise
in capital accounts, however, the
ratio Of net profits to capital &C.
counts dropped to 80 per cent VS..
8.6 per cent a year earlier. The
national ratio advanced to 8 per
cent from rs per cent.
The Fifth District. which in
cludes Washington, had gain of
Al per cent in the number of
firms doing business. in the seven
years ended March 81, 1851, the
bank said. The national average
gain was 80 per cent.
Speakers for Controllers.
John L. Buckley. jr.. controller
of Mccormick & Co., Baltimore,
will address the District Control,
Controllers Institute of America,
at a dinner meeting at the Carl
ton Hotel on Tuesday, September
%, it was announced today.
Mr.. Buckley, who is q certified
public accountant and member
Of the Baltimore Control, will ad-
dress the first fall meeting of the
Washington group on Multiple
Management. "
The Purchasing Agents Associa-
ton of Washington will eelebate
its 10th anniversary tonight at a
dinner meeting at Hotel 2400 in
honor of chapter members and
past presidents. Cities Service Oil
Co. will present an educational
program and film on the oil indus
try.
Host to Area Dealers.
General Electric Supply Corp.
is host to area dealers at q three
day display Of new General Elec-
trio teleyiSion, radio and appli-
ance lines which started today.
The show is being held from 2
20 pm. each Gay at the COM
pany's headquarters, 705 Edge
wood street NE, through Thurs
day. O.
Georges Radio d Television Co.
held a general sales meeting FRI
day night to launch the new Phil
CO sales promotion campaign. A
feature of the 60-day campaign
will be awarding Of o new auto
mobile In addition to weekly
prices More than 200 statesmen
attended the opening meeting.
j. G. Marshall, representative
for General Electric'S X-ray de-
partment here, has been enjoying
. three-day plane trip to Cuba. He
ranked fifth among the firms 800
statesmen and exceeded his six
months quota by 1879 per cent.
q