Evening star., 1952-03-25

S4otAQA4 cl44NA 40 q
director of the Southeastern
Group.
Carl C. Smuck, secretary OF
Anacostia Federal Savings ano
Loan Association, will serve on q
panel for a discussion of mortgage
lending policies.
Other members of the .delega-
ton include: C. Gordon Rouse
Jack Baltz, Edward G. Baltz
Thornton w. Owen and Robert o
Scholz, all of Perpetual; <Wilfreo
H. Blanz and Alton Helm OF
American; Fred A. Smith. Jeffer-
son Federal; w. Frank Morrison
and Ed F. jacobson, First Federal;
Clarence E. Kefauver, Columbia
Federal Edward K. Jones, Inter-
state Building: Edward L. Nc
Aleer, Equitable Cooperative
Building.
Around 700 delegates are ex-
pected for the conference. Leon
ard Eckenrode of Baltimore. who
is well known in savings and loar
circles here, will become president
of the group.
Southern Orders More Cars.
Southern Railway System has
placed orders tentatively for $3.50
new open-top freight cars, to cost
around $2O.5 million and also is
asking for bids on $50 ore cars, it
was announced today by President
Harry A. DeButts.
I'VE are ordering this new
equipment in the interest of ma
tional defense" Mr.. DeButts said,
"and with the hopeful expectation
that the freight rate increase to
be granted by the ICC win produce
the revenues railroads must have
if they are to continue to make
such essential expenditures"
February gross revenues of the
Southern totaled $21 1885, 1856 a
gain of So, ,428, 1893 from February
1851, when operations were inter-
rupted by an eight-day switch
mems strike and there was one
less day in the month. Gross fol
two months this year was $43,-
514,976 VS.. $40,732,5l5 a. year
earlier.
Net railway operating income
for February was $2,283, 600 VS.
1,448,00 in February. 1851. Fol
two months 1t was $4,406,255. ar
Increase of $653 .269. Net income
In two months, after charges, was
S2,607, ,754 or $1.62 a share VS.
$2,038, ,222 or $1.18 year earlier.
Speaking Contest Friday.
The annual public speaking con-
test of Washington Chapter
American Institute Of Banking
will be held Friday in the chapter
house, starting at pm. The sub
ject: Community Responsibility
for Education"
Contestants will include: Hugh
Darling, Riggs National; Roger
Borregard, American Security &
Trust; Arthur Meade. Lincoln
National; James r. McCauley. jr.
Riggs; j. Robert Sellers, Second
National. Allen A. Greenstreet
chairman of the chapters Public
Speaking Committee, will preside
Winner of the contest will COM
pete in the regional contest al
Durham, N. c.. late next month
The national contest for the cash
prizes offered by the A. P. Clan
mini Education Endowment will be
held at the national ALB conven-
ton in Houston June 2.
Heads Bank Women's Club.
Miss Miriam Fort of Riggs Ma
tional Bank is slated to become
president of the Bank Women's
Club of Washington at the annual
election and dinner at the Trans
lux Restaurant tonight.
Others who will take Office in
clude: Miss F1orinda Sariego, Ma
tional Savings & Trust Co. vice
president: Miss Elizabeth La Baie
Washington Loan & Trust Co.
recording secretary; Mrs. Billy
Hayes, Second National Bank, re.
cording secretary: Mrs. Lails
Baden, National metropolitan
Bank, treasurer; Miss Kathryn
Bowers, Hamilton National Bank
historian.
The new board of governors in.
cludes: Mrs. Vivian McNitt, Lib.
erty National Bank; Mrs. Glars
Stone, McLachlen Banking Corp;
Miss Helen Healy, National Saw.
ings & Trust: Miss Mary Jane
Winfree, and Miss Alice Whitton
Security Bank. The outgoing
president of the club, Mrs. Heller
M. Shipley. will BECOME an ex.
officio member Of the board.
Furniture Group Elects.
Charles Sanborn Of Charlie.
Stott Co. has been elected pres.
ident of the Washington Office
Furniture Association. Other Off.
GERS include: Glenn Monique oi
Walcott- Taylor Co.. vice presi.
dent, and Robert Hirsh of Sterr
Office Furniture Co., secretary.
treasurer.
An Sra Bonded Wire Strair
Gage Conference will be hele
Thursday at Lisner Auditorium
George Washington University
sponsored by the university
School of Engineering and tn,
Baldwin Lima Hamilton Corp. o
Chester, Pa, manufacturers of tn,
Sra Strain Gage. Frank Y
Tatnan, manager Of testing re
search for the corporation, will b
conference chairman.
Lawyers Title Insurance Corr
of Richmond has declared a regu
lar quarterly dividend of 121
cents a share, payable to stock
holders of record March 6. A
the recent annual meeting al
directors and officers were re
elected.
Miss Pearl Mount, attorney wit
the Internal Revenue Bureau, wi
address the annual public rela
tionS dinner of the District chap