Evening star., 1926-06-05
Atchison Rate to Stand.

| Stock traders in local board rooms
were greatly interested the other day
when they watched Atchison common
reach a high for all time at 1903
and those carrying the stock at once
| began to discuss prospects for in
creased dividends or extras. With the
declaration of the per cent dividend.
chances of higher rate have faded
| for the present at least. President
Storey also indicates that it may be a
long time before any dividend rate Is
| raised. "A Z per cent stock is good
stock" he says. by putting surplus
earnings into the property we are
more nearly making the Z per cent
dividend a permanency."
He added that he thought the com
pany would need it's surplus after
dividends for some years TO come.
So 1t looks like a long wait before
Atchison stockholders will see an
| increase in the rate on common.
Bankers Plan Summer Outing.
The Southeastern group of the in
vestment division of the American
Bankers Association will have fits
Summer outing at the Green Spring
Valley Hunt Club. Baltimore. next
Wednesday. Eugene E. Thompson
and Y. f. Booker. jr., of Crane. Paris
& Co. and John L. Edwards, head OF
the local brokerage house of that
name, will he among those to attend
from Washington. The program in
cludes a luncheon at 1870. followed by
a golf tournament later in the after
noon. About 80 members are plan
ming to attend the meeting. The
Southeastern group includes invest
ment dealers who are members OF the
Investment Bankers Association In
Maryland. District of Columbia, Vir
ginia. West Virginia, North Carolina
and South Carolina
Golf Tournament Plans Ready.
Charles H. Doing, chairman of the
sports committee for the bankers con-
vention at Hot Springs. announces
the completion of arrangements for
the bankers handicap golf tourna-
ment to be held on Saturday. June 10.
beginning at 2 O'Clock. The palyers
will be divided into class A and class
B-eighteen holes medal play-net
scores to count. The contest open to
any one attending the convention.
The class A winner will have his
name engraved onto the silver cup
donated by Herbert T. Shannon and
retain possession of the cup for one
year. The cup was won by Walter E.
Guy last year.
The class B cup is offered by Lanier
p. McLachlen and the winner of this
one will also have his name engraved
on it and hold the cup in his posses
sion for one year. H. l.. Mcleod cap
tured this prize last year on the same
links.
Other prizes are to be offered in
these events for low gross, second low
net and third low net.
Stockholders of the Oriental Build
ing Association have elected the fol-
lowing officers to serve for the ensu-
ing year: Charles II. Bauman, presi-
dent; Henry T.. Deckman, secretary.
and Charles w. Schafer, treasurer.
who will have with them on the
board of directors. Albert Schulteis.
Carl Haneke, G. H. Schulze, John J.
Kolb, H. j. Mattern. William F.
Ochsenreiter. August G. Hermann.
Stockholders of Fisher Body Cor
poration voted to dissolve the cor
poration and sell to General Motors
Corporation all of its assets, taking
in payment 100000 shares of Cen
'IntorS common. This stock will
bv ,..s,ributed to Fisher stockholders
on ,hc basis of one share of General
Motor; for one and one-haif shares
Of Fisher,