The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-01-20
WATSON RENAMED
LIBERTY NATIONAL
BANK PRESIDENT
Other Officers Likewise
Reelected to Serve
Ensuing Year.
LOCAL ISSUES FIRM
tBonds of Public Utilities in
Demand-Federal Natl.
49, Has Birthday Today.
LOCAL ISSUES FIRM

At the annual meeting Of direc-
tors OF the Liberty National Bank
held yesterday afternoon the fol-
lowing ofiicers were reelected for
the ensuing year: President. George
o. watson; vice president. Grant
w. Taylor; vice president, DR.. WILL
lam L. Robins; cashier. Edward J.
Mcouade; assistant cashier and
chief clerk, Michael F. Calman. and
assistant cashier. J. B. Skinner.
Local Securities -
A moderate amount Of business
which gave every evidence of being
wholly for investment purposes was
witnessed on the Washington Stock
Exchange yesterday. Bonds Of the
various public utility companies
here again occupied the limelight,
displaying a strong tone.
Potomac Electric general mort
Gage and refunding Is suffered a
decline OF 4 OF a point, $4,000
selling at 164x after earlier trans
actions involving 5000 at 1o5.
Railway general IS sold to the ex-
tent OF $4,000 at 9e. Potomac Elee-
trio consols at s0A and Washing
ton Gas IS at s0%.
In the stock list. 100 Old Dutch
Market preferred sold at 8. Capital
Traction was Arm at s7Is. as was
Railway preferred at e5Z. Mer-
gsnthaler Linotype was slightly
stronger at 12s%.
Mergenthaler Earnings.
Linotype Company for the first
December 81, 1921, amounted to
s524. 500, according to figures sub
mitted to the directors in New
York. Earnings for December
amounted to about s145,00o.
Federal Banks birthday.
The Federal National Bank Is to-
day celebrating It's ninth birthday.
This bank. which has become one
of washington's most stable, was
thrown open to the public on jan
uary 20, 1918, deposits that day
amounting to s491.ss2.9s. At the
'g1ose of business Wednesday, total
deposits aggregated approximately
s5.o4s.o 900.
John Poole. present head OF the
Institution was its first president
and has been serving in that ca
pacity ever since. Other members
Of the original personnel are
Cashier Charles 3. Lyddane and
Assistant Cashiers Frank ]. Stryker
and Charles d. Boyer.
Northeast Savings Election.
At q meeting Of the board OF di-
rectors of the Northeast Savings
Bank the following officers were
chosen for the ensuing year: Presi-
dent, l. p. Steuart: vice president.
Charles r. Talbert: vice president,
George F. Hoover: cashier. w.
Reginald Lewis. and James B.
Flynn, general counsel.
A. l. b. Meeting.
Eliot H. Thomson. publicity man.
aver of the Washington Loan and
Trust Company, addressed the ad-
yanced class. American Institute of
! Banking. last night on Carriers
and Bills of Lading."
Personal.
Robert C. Shaw. cashier of the
American Commercial and Savings
Bank, was yesterday appointed a
fotary public
Col. Wade III. Cooper, president of
the Union and United States Saw
Log banks and the Continental
trust Company. Is confined to his
home with q severe cold.
Ezra Gould, president of the
Washington Mechanics Savings
Bank, yesterday began two
weeks vacation at Palm Beach. Fla
Pittsburgh. school savings.
According to a report just re-
ceived by the savings bank divi-
sion of the American Bankers As
ISOLATION, the number of pupil de-
positors in Pittsburgh is 75.402 out
OF a total enrolment of $4,000. with
high schools included.