Evening star., 1924-01-21
v. D. HOOVER WILL,
AGAIN HEAD BANK
National Savings and Trust
Stockholders to Meet Late
Today-Exchange Trading.

William u. Hoover will he re-sier+.
ed tn head the National Savings an
Trust Company for the ensuing yeSr
at the annual meeting of dIrectorE
to be held late this afternoon, preIinn.
mary adyices stated. At m. sarls4
time the remainder OF the present o.
ficiai personnel in its entirety WI
be renamed, consisting OF the follow
ing: Woodbury. Blair, first vice presi.
dent: Frank w. Stone, second vice
president; Franz StetSon, trust Of
rcer;; Charles e. Lamborn, treasurer.
L. Perctval Wilson, secretary; Franz
Il. Cllmer, assistant treasurer; Bruce
baird, assistant trust officer, arc
David Bornet, assistant trus, office
Stockholders OF the Institution vii
meet Immediately prior to the con
Vening of the direct crate and re-cIec4
the following directors for the year
Woodbury. Blair, James 4. Bu
chanan. William 4. II. Church. Wal .
t"r =. Clcphane, r.. kolier Dulanc,-
~ William f. Edmonston: Franklin.
II, II. Ems. Frederick A. Fenntng, H
Ffescott Galley, William .. Hoover
I. Il. Glhd'd s tfuide koper, Ftctcl-
NduHhiann. Charles NiuShaN F,o-
IiuhG y Rheem. Frank SFn+sou
Ffahh " stone, William IT. Wake
ana Henry K. Willard.
Bankers Iree Mellon T'aN Plan.
RESOLUTIONS adopted 81 tho ,.}o.=Tr~
session "I the Jrve stmrRt Eanket>..
assocIaUon nf America reid
Louisville las xeak 6.I,Iar.d ~,
attenpt hy direct Legislation 70 -.
Ia nhSh property Valuations qpecfr,
rates or characters az services" n,
pubIlc Utilities Srea kers urged that
r"Ie iSlhg b" LEFT 10 iuG:efai bodies i.
PtcId4I% established fer ttGat purpos<
tettBranl was sent To f.cprrzsh.
stlVe W. Il Green. chairman os III
House ways and means ,Cr1rrftfe..
supporting Secretary MclIoa's iaS-r..
ductIon program and opposing As
sumption by the federal govern rl,eyr.
OF any new burdens which y III i;
crease taxation"
The association includes Ir,. l5s mem
oership representa- af raore. tha,5
oop o., Investment Institutions in ~
parts Of the country.
EuSene Z. Thompson. head 0
Crane. Paris &. co. Of thss ,.;t,. -,,d. -.
wee president Df tho associatitr. =
tended the sessions.
New Bond. offered Tod.,.
redmond q Go, III" First %a-,cra
tahk. III" Equitable Trnst r.mp.n,
5iafrls. F"r"es u Co. aud fIre.raI s
.. are today Offering e new Issue. q.
S'.%Vo,""" Norfolk and Western Raj
way company ! - per cent equipr4c,lt
trust ctrtiIFat@S, series of l@r5 st-
prices 10 yield $50 per cent for ms
turltE February I. 1925 and there
atter ser!5ly 10 $40 per cent for ma
turtles 1892 and 1885,.
tEese certificates are issued undo.
the PhilaGeiphta. plan, are guaranteed
Internationally as 10 principal srS
dividends by the Norfolk and Western.
hallway Eompany by endorsement
and are specifically secured uper,
standard equipment avInE an aEGTc-
gate cost OF not less than S9,@4aa6g
Jhe carrier has paid dividends with
out INTERRUPTION since 1895 At th.
rate Of per cent on its S23,n0nnn'
preferred stock, and has paid diyi
dends on its common stock uniute--
ruptedlE since 1000. At present the
company Is paying per cent 6iy!
d"nds on about S12S "0e. 900 common
stock. which rase, with extras In sarEt
Years. mas been maintained since 1915
Capital Traction stock Active.
\ spIurge by Capital Traction
stock, which sold 10 ihe extent of cot
shares with a resultant advance of &
full point. featured this mornings
setsion on the Washington stock .sA-
change This security opened at s. +
more than hundred shares selling A.
this figure, when il began climbing
tractonally, closing al 96i2, the days
high.
Railway preferred was fir,n AZ 75Ie
as was Washington Gas hight Al
4Sa4. American Security and ,TrUst
Company brought %po.
Bonds also were strong ,.Pepco
first IS sold AT *7;z and 9-Hs, VIII
Washington Gas Us holding to par
ana par and i