The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-17
GARDINER TO GIVE
STANDARD SAVINGS
ENTIRE ATTENTION
Sells Realty Interests to
Actively Head Lo-
cal Bank.
TRIMBLE CASHIER
James, Jr., Installed in Capa-
city at Directors Meet
ing-Financial Notes.

Agernon s. Gardiner, FORMER
president of the real estate firm
of Gardiner and Dent, and president
Of the Standard Savings Bank, has
disposed of his interest In the realty
nrm and will hereafter devote his
entire attention to the duties Of
active head of the banking insti-
tuition. according to announcement
made yesterday. AT the same time
II was announced that James Trim
BILE. tr., who has been acting cashier
Of the Standard for the past sew
eral months, has been officially in
stalled IN that capacity by the board
OF directors at a recent meeting.
Mr.. Gardeners severance from
his former concern terminates a
partnership of Is years standing,
an amicable agreement being
reached with Mr.. Dent whereby the
latter becomes the sole owner of
the business, leaving Mr.. Gardiner
free to use his exceedingly wide
acquaintance in Washington advan-
tageousiy in building up the bank.
James Trtmble, tr.. newly elected
cashier, Is a son of James Trlmble,
former national bank examiner and
now a vice president of the Ma
tional Bank of Washington. He has
been affiliated with the Standard
Savings for the past year. and now
hnds himself an important official
Of the institution at the age OF 90.
Mergenthaler Earnings.
AT the regular meeting of stock
holders of the Mergenthaler Limo
type Company, held yesterday. fig
ures of earnings for the past fiscal
year were submitted which showed
net earnings of s2.313.46s.44 for the
period ending September 80 last.
compared with s2.430,731.63 for the
previous year. Earnings for Octo-
Der. the first month of the new year,
were s1s4,9S2.s2, or about IA per
cent on the capital stock.
Assets of the company at the
close Of the fiscal year were $685.
Set.3o1.Ss, contrasted with s24.S55,-
945.03 at the close Of the previous
fiscal year.
Dividend Declared.
At the regular meeting of direo-
tors Of the Fergenthaler Company
held Tuesday the regular dividend
Of IA per cent was declared, pay
a BILE December 81 to shareholders
Of record December 3, 1921.
A. i. b. Meeting.
Raymond B. Dickey. local attor-
ney. will address the advanced class,
Washington Chapter, American In
stitute OF Banking. tonight, on
Agency and Partners"
Mr.. Dickey will discuss the diff
ferent kinds of agency, obligations,
power. power OF partners, credit
or&, rights, etc. President Waller
will preside.
Local Securities.
For the first time in several weeks
bonds were almost forgotten in yes =
terday's trading on the Washing
ton Stock Exchange, but one sale
being consummated, that being $500
Washington Gas IS at S24
Mergenthaler Linotype was trad
ed in in one and two share lots
at 1909, representing a substantial
Gain over previous prices. Capital
Traction stock likewise appealed
10 odd-lOt traders at prices from
30 to s01z- Railway preferred sold
at $751;. with common pegged al
40. Gas Light stock advanced
slightly to +s on small sales.
Money ruled at per cent asked,
with per cent bid.
Personal.
W. T. GaIIiher, president OF the
American National Bank, is in De-
troit on a, business trip. He will
return Saturday.