Evening star., 1952-04-27

George Sn 'ionH a pidden' T Jr., National Capital:
C. F. jacobsen National Metropolitan:
Bruce Baird National SAVINGS 4 Trust:
John M00er' A Reilly, fsGs seeond Nstiona; @ Frsne:
n. Harrei, Union Trust; Alfred fred, H. Law Law
r. Thomas Arlington Trust; S. Walter
Bosley, Bank of Bethesda; James p cas-
PsF1an pas Bank Bahk of Oh SILVER sprins W.
Youngblood, Citizens. Bank of Takoma
Park; Edwin T. Tolland, Old, Dominion
Bank; Fred L. Lutes. Suburban Trust
Co.
Darling Wins Regional.
Hugh Darling. representing the
Washington Chapter, American
Institute of Banking, yesterday
afternoon won the Southeastern
Regional Public Speaking Contest
of the ALB at Durham. N. c.
Mr.. Darling. an empleye Of the
Riggs National Bank competed
with the winners from six other
city chapters. He won the re-
gional last year and went on to
take third place in the national
finals.
He will compete in this years
finals at Houston, Tex.
Hotel Business Lags Here.
Washington hotel business in
March was 2 per cent behind
March, 1851, in contrast to gains
in other leading cities. it was re-
ported yesterday by Horwath &
Horwath, hotel and restaurant ac-
countants.
Room sales were 3 per cent be-
hind a year earlier, total reStau-
rant Sales were down 2 per cent.
including per cent drop in
beverage sales. Food sales were
even with March last year.
Total hotel business for cities
covered by the report averaged 6
per cent above year earlier IN
March.
Union Trust Shares at 42K.
I Despite gains in assets. deposits
and other items since year ago.
number of Capital bank stocks
are priced below 1851 levels.
This was emphasized during the
week by the first 1852 sales OF
Union Trust Co. shares on the
Washington Stock Exchange at
42R These shares sold at 46H2 a
year ago and closed 1851 at A.
The company's statement for
the March 81 bank call showed
assets of $57,802,418, a gain OF
$12,921 in three months and $4,-
1852, 1882 above year earlier. De-
positS of $51 ,800,455 were down
$137,219 in three months, but $4,-
347, ,910 above a year earlier.
Loans and discounts of $23.-
228, ,945 were up $153,504 in three
months and $469, $40 higher in the
year.
Houghton Leaves Gulf Oil.
Alfred M. Houghton has re-
signed as patent counsel for Gull
Oil Corp. and subsidiaries. effec-
tive May /, and will be succeeded
by Horace B. Cooke. Gordon Kess-
Ter has been named assistant
patent counsel.
Mr.. Houghton has represented
the Gulf companies on patent mat
ters here since 1914 and became
head of the patent department.
when it was established in l945
with Offices in the KasS Building.
M. Cooke joined the Gulf office
in 1945.
Convention Reports Due.
Members of the District Building
and Loan League at Mayflower
Hotel luncheon Tuesday will hear
reports of delegates to the recent
Hollywood, Fla, convention OF
Southeastern Group. United States
Savings and Loan League. The
Executive Council of the District
league will meet preceding the
luncheon.
Robert Greene, director Of public
relations and promotion for Pres
entation, Inc, will address the
Washington Advertising Clubs
Tuesday luncheon at Hotel Statler.
Dwight w. Sleeper, chief con-
sultant for the Insurance Buyers
Council of Harwich Port, Mass,
will address District Control, Con-
trollers' Institute of America, at
a dinner at the Wardman Park
Hotel Tuesday night.
Nominated by Life Underwriters.
Six members of the District Life
Underwriters Association have
been nominated for places on the
board of directors. Three will be
chosen at the annual election in
May. They include:
James A. Thomson; William r.
Tooker, Berkshire Life; Raymond
H. Godine, Continental American
Jack P. Murphy. Occidental Life:
William J. Link, Prudential, and
Tinsley Adams, Continental
Assurance.
Expansion Funds Provided.
Directors of Chesapeake &
Potomac Telephone Co. have ap-
proved $624.000 of additional ex-
IpenditureS for improvement and
expansion of Washington tele-
phone facilities.
Ralph Patterson has been pro-
NOTED to art director of Nations
Business, monthly magazine Of
the United States Chamber Of
Commerce. Mr.. Patterson was
assistant to Lester Douglas. who
retired recently after serving az
art director for more than ~