Evening star., 1921-04-12
BANKERS MEETING
TO Be IMPORTANT
Six Committees to Make Re-
,port-Sharp Rise in Lans-
t0n-Market Notes,
BY 1. A. FLEMING.

On Monday evening of next week
the District Bankers Association will
hold a very important meeting al
which much of the work of the or
ganization since the last annual con-
Vention will be reviewed.
The following committees will make
reports at that time:
Blue sky law committee-Eugene r
thompson. chairman: II. II. McKe.
X. a: Cissell. w. T. Galliher and VIc.
tor b. Deyber.
Inform accounting-John Poole
chairrnan: Howard Morgan, F. G. Ad-
Fleming.
stock exchanged O. Watson
pla,rnnah' paan john B. Larner. Julius l.
Education-George White, chair
man: T.; j. McQuade. w T. Gallihnr
'oShua Evans. Jr., and {. W Warden,
,,a nrade acceptances Harry \.
Key. George o. Watson, Julius
Peyser. Erskine Gordon and p \,
Fleming. ~ y
Legislatire-H. II. Mckee. John p
l.arner, b. A Bowles. Wade n. Coon
,I;,,; uho ii. Rudolph. g. J. Bell and
Hillary l. Ofrutt. jr
Review of the annual convention
Joshua Evans. jr.. chairman; John
Is. l-arner Howard Moran. +. p, vii
SON NJ. ID. Rosenberg. f. q. Addison.
Jr.: Z. d. Boyer and W. r. DE Lash
In addition to these reports. the
matter of the big dinner of the
Soth instant. will he discussed al
iength and the annual convention 10
pe heId In June will also be given
que consideration.
Inc stock exchange committee is
IN reaIlty the committee appointed
10 consider the establishment OF a
al Ioan money market in Wash
ington. The committee has its plans
an maze and VIII probably have them
future. "'
Lanston Higher.
ihe feature of today's session of the
local exchange was a spurt in Lave
ton from the 73 of yesterday to a
ana then to IS. Proxies were received
'has morning by shareholders. for th,.
annual meeting early in May.
with the proxies was a circular con-
tanning two proposed amendments TO
the bylaws of the corporation. As al
present, the board of directors meets
on the first Tuesday in each montn
IL is proposed to make the meeting
date on Wednesdays matter of M,
Importance.
The second proposed amendment:
has caused some speculation among
shareholders as to just what is the
purport. 1t simply permits the direc-
tors ito declare a dividend to the
stockholders Of any such portion OF
the net profits of the company a.
shall not be deemed by the board OF
directors necessary to be reserved as
added working capital" at any meet
ing of the board of directors, instead
OF at any regular meeting of the
board
The wording of the amendment has
suggested to some broker that il is
perhaps the intention of the directors
to declare an extra dividend following
the annual meeting. at a special meet
ing then to be called.
The earnings of the company, not
under rs per cent and not over 2S per
cent, for the year 1920. for a corpora
ton without bonds, may be RESPONSE
spective of any possible extra divi-
dend.
Mergenthaler was active in a small
way at 11sH to 119%.
Federal National Bank sold At for
mer prices, us a share.
Washington Gas firmer at 43k and
432.
Gas 7h notes sold to 1oox.
Personal Mention.
Frederick L. Levering. jr.. former
disbursing officer in the office of the
alien property custodian. has accept
cd a position with the new Atlantic
Trust Company Of Baltimore. He
will be in the bond department for
time and will later join the trust
department.. Mr. Levering is we'll
known in Washington.
Thompson & Mckinnon, stock
brokers. with offices in New York
and branch establishments all over
the country, one being in this city,
have taken advantage of the new
cable connection with Cuba. and this
morning exchanged greetings via the
Washington office with Mendoza &
Co. of Havana their new CORE
spondent They also booked a num-
Der of orders direct from Havana
The cable was working finely this
morning and mutual congratulations
were exchanged between Washing
ton and Cuba on the successful exten-
sion of the large correspondents list
of Thompson & McKinnon to include
Cuba