Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-02-08
SIS Billion in Registrations
Reported by SEC Durinq 1853

-During 1858
is expected that these proposals
shortly will be submitted to the
Executive Office of the President
nical changes in these acts. It
and to the appropriate congress
sional committees for consider
alton"
The report said electric and
gas public-utility holding COM
pany systems registered with the
commission at the year end num-
bered 48. comprising 173 electric
and gas utilities and 1874 nom
utility firms. The 385 total is a
cut since 1885 of PSI electric,
and ISL gas, and 40 non-utility
companies. They have been di-
vested by holding companies as
not retainable under the Hold
ing Company Act, the report
declared.
During the year under re-
view, system company securities
passed upon by the commission
under the act amounted to near
ly 81 billion. 10 per cent less
than for the previous year." said
the report. "Of this amount
$3.50 million were for electric
and gas utility subsidiaries and
consisted of $426 million of
bonds and debentures, $81 mil
lion of notes. $40 million Of
preferred stock and 1902 million
of common stock.
"As of June 30th, 369 invest
ment companies with assets of
81 billion were registered with
the commission as contrasted
with 367 companies with $6.8
billion in assets a year earlier"
John Hancock Report
Investments of more than $21
million in the District were re-
ported by the John Hancock
Mutual Life Insurance Co. at
the annual policyholders' meet
ing today in Boston. During 1858,
District residents purchased more
than $12 million of insurance
protection from the firm. the
meeting was advised. This
brought the company's insurance
in force in the District to $79,-
100000, officials declared.
Arthur w. Defenderfer, gener-
al agent of the company here,
participated in the annual meet
ing.
The meeting was also informed
that record payments. average
ing $928.000 each business day.
went to policy-holders and bene-
ficiaries of the company last
year. Total payments, represent
ing an increase of $26 million
over 1852, totaled S278 million.
Living policyholders received
Sl95 million and $50 million went.
to beneficiaries of $4,000 deceased
policyholders, the policyholders
were told.
The Washington Hairdressers'
Association is sponsoring a two
day professional beauty clinic
at the Willard Hotel. 1t began
yesterday. Top stylists are Civ
ing advice to Washington area
hairdreSsers, officials said, The
annual dinner dance and style
show will be held this evening at
z o'clock. Leo Freedman is
president of the association
William Giglio is chairman of
the clinic.
KrOck-Erw Associates. Inc,
has been appointed Washington
public relations counsel for
Junior Press Conference" the
American Broadcasting Co. COL
lege panel show This was an.
nounced by Miss Ruth Geri
ddgy, moderator.
William H. Conlan, president
of Universal Public Relations,
announced appointment of Will
liam F. Bowling. jr.. as its rep
resentative here. Mr.. Bowling.
Harvard graduate. was active
in Republican Party affairs in
Massachusetts. has been a men,
Der of the faculties of Williams
College, Clark University and
Case Institute of Technology.
Col. Willard w. Millikan, Air
Force pilot who last month
broke the Coast-to-Coast speed
record, will be the speaker to-
morrow at the Ad Club luncheon
at the Hotel Statler. William E.
Coyle, The Stars promotion
manager and president of the
club, will preside. The publica-
ton the Ad Clubber recalled Col.
Millikan became an Army Air
! Corps aviation cadet in 1941, but
was washed out" as unSuited for
pilot training. But he was &C.
cepted by the Royal Air Force.
The colonel is with the District
Air National Guard. He is WASH
ington representative of the
Goodyear Tire e. Rubber Co. and
lives at 3346 Martha Gusts drive,
Alnxapdria