Evening star., 1922-04-02

The Washington Stock Exchange
was dinner host last evening to hun
dreds of the leading business men
of Washington, New York, Boston.
Philadelphia, Baltimore and Chicago,
of Representatives, members of the
Cabinet, District and government Of
ficials, crowding the generous facill-
ties of the great ballroom of the New
Willard.
The dinner will long be remem-
bered as one of the most enjoyable
In the record of the Capital.
The stock exchange is famous as a
host; its menus year after year have
satisfied, while the wit and novelty
OF its entertainments and the excel
1ence of it's choice of speakers have
made the. periodical events delightful
functions, to which invitations are
eagerly accepted.
Eugene L. Thompson, president of
the exchange, headed the dinner COM
mittee, and associated with him were
George o. Watson, W. w. Spaid, c. c.
Glover, jr., and John l. Edwards.
Sings Song of Welcome.
1t is customary at all large dinners
in the Capital to open the affair with
the singing of THE Star Spansled
Banner" This occasion was different.
different in many ways.
Mrs. Ethel Holtsclaw Gawler sang
a song, written for the occasion, en-
titled welcome to the air ef April
Showers. a song of promise to the
little stock exchange of Washing
ton
Meyer Goldman's orchestra accom-
panied her and furnished the instru-
mental music throughout the dinner.
WELCOME.
Air, "Aprn Showers
On April Fools day
We welcome you!
Don't be downhearted.
And don't be blue.
If you should see clouds
Up in the hills.
>, For it will not be rain of rain,
t'Twill be of dollar bills).
And when the clouds pass
Beyond the pale,
Our hearts will gladden.,
Well get the kale.
So keep on boosting. boosting.
boosting,
We're coming mighty strong
The little Stock Exchange of
Washington.
Rev: Charles T. Warner pronounced
Invocation.
Later Eugene f. Thompson, president
OF the Stock Exchange and toastmaster
of the occasion. made short address.
Mr.. Thompson said in part:
Thompson Warns Investors.
"The investing public should be on
guard against advertisements to "Buy
peals as Do not delay. Telegraph
your order at our expense and let
remittance follow by mall or Send
US a list of your holdings and we
will suggest exchanges. We told
you to buy so and son. We are max
ing money for many and we can do
the same for you These and many
other Invitations of similar char
acter are in the daily mails and news
papers. 1t is unlikely, however. that
ceived from member of a well-reS-
Ulated exchange.
THE Washington Stock Exchange
was organized October 26, 1881, and
opened for business November 6. 1881
Its first president was George H. b.
White; at that time cashier of the
National Metropolitan Bank. a man
of sterling character. foremost in his
trict of Columbia, and whose counsel
and advice was sought by many who
followed him in his efforts to pro-
mote our financial affairs upon a solid
foundation.
'The Washington Stock Exchange
Is the principal market for s55,26s, 800
par value of bonds and $73.17S.000 par
value of stocks, making total of
$12S,446,500 par value of stocks and
bonds.
I'VE have a partnership made up OF
the utility companies on the one side
and the public onthe other and we
have a law specifying the conditions
Of the partnership.
To be successful both partners
should work in harmony, each with
consideration for the rights OF the
other and with full standing OF the
nroblem and appreciation of the i'm
portance of developing the utilities