Evening star., 1926-11-18

ciat1on and taxes. equivalent to $10.25
g share earned on 256,000 no-par
shares Of stock. This compares with
S2.699 ,02S. or $10.54 a share, on pres
ent share basis in preceding year.
The stockholders reelected the fol-
lowing directors: Philip T. Dodge.
Norman Dodge, Ogden l.. Mills and
Ogden NJ. Reid, New York City; Ed
ward J. McQuade, vice president,
Liberty National Bank of this city.
and Attorney Frederic D. McKenney,
also of Washington; Albert f. Sawyer,
Boston. and A. Hungerford Pollen,
London, England.
The following officers were elected
for the year: Philip T. Dodge, presi-
dent; Norman Dodge. vice president
and general manager: Frederic D.
McKenney Of Washington, vice presi-
dent and general counsel, and Joseph
l.. Mackey, secretary-treasurer.
Bank Elects Two Directors.
AT the meeting of the board Of direc-
tors of the Columbia National Bank
held this afternoon, Ernest c.. Guy
and Walter S. Pratt, jr., were elected
directors. Mr.. Guy was elected to the
board to fill the vacancy caused by the
death of his father, Benjamin w. Guy,
IN June or this year.
Mr.. Guy was born in Washington,
attended the local high school, later
Lafayette College. and at the time of
the World War was a student in the
George Washington University Law
School. He left there to go into the
Army.
Ills business career has been de-
voted to the firm OF Guy, Curran &
Co., he having spent some Summer
months there as d boy and at the close
of the war becoming permanently
identified with the firm. Mr.. Guys
father became g. director Of the Co
lumbia National Bank May 21, 1901,
was elected q vice president April q,
1909, and served the bank in these
capacities until the time Of his death.
Mr.. Pratt Is also local man. He
attended the public schools and the
high school here, received the degree
of LII. B. from the Columbian Col
lege (now George Washington Uni
versity Law SCHOOL, and was admitted
to the bar in 1908. He spent one year
with the firm of A. S. Pratt & Sons,
national bank agents, and entered the
Equitable Cooperative Building Asso-
citation as teller in 1899, was appointed
assistant secretary in 1909 and elected
secretary this year.
lie is assistant to the treasurer of
the Chamber Of Commerce of the
United States, treasurer and director
OF the Washington Sanitary Improve
ment Co. and of the Association for
the Prevention of tuberculosis OF
Washington and director of the Ma
t1onal Union Fire Insurance Co. and
the Corcoran Fire Insurance Co.
Exchange Member IL Years.
Charles Carroll Glover, jr., new
head of the Washington Stock Ex-
change, has been member 12 years.
His father, now chairman of the board
OF directors Of the Riggs National
Bank, was president of the exchange
from 1883 to 1890. The younger Mr..
Glover has been secretary Of the body
ana was on the governing board last
year.
IN addlcion to being a partner in
the Investment banking firm of
Glover & Flather, he is a vice presi-
cent and director in the Riggs Bank.
director Washington Gas Light Co.
georgetown Gas Co., Capital Traction
Co., Real Estate Title Co., and the
Columbia Sand and Gravel Co. He
is a Yale alumnus, and belongs to
the Metropolitan, Chevy Chase, Rae
quet and other clubs.
AAo AO-SA1SIAOil VI K. y. JIOCkol0r as
secretary, and George o. Watson,
treasurer. was in recognition of the
valuable service they have rendered
the exchange In the past.
Today's session was very quiet on
the local exchange. The market
opened with the sale Of three shares
of Federal-American Bank stock at
313. twenty-five shares of CAPITAL
Traction were sold at 104, unchanged
from yesterday. Georgetown Gas 5s
recorded a sale at 9SA, and Potomac
Electric Consolidated SIS sold at 100A.
Heard i'm Financial District.
Harry V. Haynes, president Of the
Farmers and Merchanics National
Bank, is in Norfolk today addressing a.
credit mems association. A large del
egation from the Washington Credit
Mems Association is attending the
session.
Bertram Chesterman, resident man
ager of the Morris Plan Bank, has ar
ranged to take his entire staff to 1.-THE
Passing Show of 1885, the attraction
being put on at Polls for the benefit
of Washington Chapter, A. I. B.
The Security Club Of the American
Security and Trust Co. will hold it's
annual outing at The Fireplace, in
Rock Creek Park, Saturday afternoon
The Anacostia-Co Heights
Bankers Association had an enthusi-
astic meeting this week. An address
by r. Hunton Leith and an entertain
Yoon< vyoyo foafuroS