The Washington herald., 1921-04-09
DISTRICT ROTARY
MEMBERS TOHEAR
JEROME TRIALS
Trade Agency Head to
Speak in Atlantic City
On Tuesday.
WATSON SELECTED
Liberty National Bank Presi-
dent Named Chairman OF
Convention Committee.
WATSON SELECTED

Ierome Thralls, recently nameu
An executive vice president OF the
Foreign Trade Financing Corpora
uon. will address the annual gath
airing Of the Fifth District Confer
ence of Rotary at Atlantic City on
Tuesday next lecturing on the func-
tions Of the corporation, according
10 announcement made yesterday
by =. L. Stock. member Of the local
committee in charge Of the further
ing the aims of the new trade
agency. Mr.. stock. himself staunch
Rotarian, was instrumental In gain
ing Mr.. ThralPs consent to deliver
the principal address.
Aaesuately versed in Subject.
From 1900 to e.ooo delegates
from the fifth district, which en-
braces the States Of Pennsylvania,
MARYLAND, New Jersey, Delaware
and the District of Columbia. are
scheduled to make the trip and hear
Mr.. ThralPs version of the impor-
lance and necessity of the Foreign
Trade Financing Corporation to
this country. He Is adequately
qualifed to discuss the topic as
signed him, having made a life
study of banking and credits, win
ming his spurs as manager. secre-
tary and treasurer of the Kansas
City Clearing House Association.
Mr.. Thrails was active in the night
to have a Federal Reserve Bank To-
Gated in Kansas City, and was
chairman of the organization COM
nittee of the American Acceptance
Council, which has been an impor-
tant factor in the development of
re use of acceptances under the
Federal Reserve law. He was CASH
der and secretary of the Federal Re-
serve Board in Kansas City for two
years. and then secretary of the
National bank section and the clear
Ing house section of the American
Bankers Association. Since Janu-
ary. 1913, he has been secretary
treasurer of the Discount Corpora
fi6n of New York.
Incidentally. II Is being rumored
Edward L. Stock will be the next
governor Of the fifth Rotary dis
trfct, this oficer to be elected next
Tuesday.
watson Named Chairman.
George o. Watson. president of
Liberty National Bank, was yes
terday named chairman of the con-
ventfon committee at a special meet
fng Of the council of administration
of the District OF Columbia Bankers
Association held in the Offices of Col.
Robert ". Harper.
Ing of the annual convention will
be decided upon later by Mr.. Wal
son. working in conjunction with
Col. Harper. At the meeting yes
terday this subject was touched on.
n boat excursion similar to the one
held last year. Buena Vista and
White Sulphur Springs all being dis
cussed as probable meeting points.
but no conclusion was reached.
In addition 20 the naming of Mr..
watson. tentative reports from
various committees were heard,
which will, in turn, be reported at
the regular association meeting to
be held in the New willard on
April Is.
Local Securities.
Preferred shares of the Wash
ington Railway & Electric Company
featured yesterdays local market
both in activity and in strength
displayed, a total of IS shares be-
Ing disposed of at so. Washington
: Gas III per cent notes likewise
showed marked degree of
strength, although this issues trad
ing was mainly restricted to small
lots After the opening sale OF
$1,000 at 1908, the price advanced
TO los on 800 sale, then declin-
Ing by degrees until again resting
At the popular price of 1904. Sales
aggregating $4,000 were made.
Capital Traction stock remaineS
drm at s7E.
G. & r. Meeting.
The regular annual meeting of the
/. Chesapeake and Potomac Telephone
Company will be held in this city
on Monday next President Thayer
Of the American Telephone and Tel.