Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-30
Myers Has Many Affiliations.


Mr. Myers, senior member of the
new firm, is known here and in New
York as one of Washington out
standing tinanciers. He has lived here
since 1882 and has been partner
in the firm of Crane, Paris & Co
for the last 10 years. He is a director
of the Union Trust Co. and Is d.
rector and large stakeholder in the
Bristol-Myers Co. Of New York. He Is
associated also with the firm of Bene-
dict G. Rue. forest engineers. of Wash
ington, and is director of the Bruins
wick Peninsular Co, of Brunswick,
Ga JAS treasurer of the District OF Co
lumbia Council of Boy Scouts OF
America and as chairman of the gov
erning board of the Montessori School,
Mr.. Myers has taken an active inter
est in local civic affairs He is a
member of the Chevy Chase Club.
the Metropolitan Club, the Cosmos
Club and the Riding and Hunt Club.
Mr.. Finney, for the last two years,
has been manager of the bond depart
ment of Crane, Paris & Co., prior to
which time he was a bond salesman
with the National City Co. For IL
wears he was with the American Sc
cllrity and Trust Co. He is gradu-
ate of Georgetown University Law
School, and during the late wan
served in the Ordnance Department.
completing his service with the rank
of captain.
Eugene E. Thompson. senior partner
of the firm of Crane. Paris & Co. and
one of Washington's best known
financiers, Joined with other bankers
and business men today in wishing
success to the new firm. He expects
to make an announcement shortly re.
earding filling of the vacancies caused
by the retirement of the two partners.
Bank Clearings Show Good Gains.
According to the monthly report OF
the Washington Clearing House Asso-
citation, business in the National Capt.
tai is booming to greater extent
than it did in May, the June figures
completed today showing an increase
| of S9,392.6320 S during the month in
the number of checks cleared.
This generally accepted index OF
business conditions also reveals that
trade has been considerably better III
June this wear than it was a year ago
during the same month, the exact In
crease in bank clearings being 1854
213.
The months total clearings. which
made such a marked increase over
Nav. were 1851 ,071.7S. Clearings
in June a year ago were s124.666,75S,
while the clearings during May Of this
year reached the sum of $11S,96S,-
44970. Thus in spite of the cool
weather prevailing during most or
June. business in Washington has ex-
banded and is highly satisfactory. As
a matter of fact, it has been good for
the six months, as clearings for the
half year total $685. ,6S6, 449.7O.
Exchange Trading Very Quiet.
Washington Railway and Electric.
preferred, led trading on the Wash
| ington Stock Exchange today. 90
shares selling at $685., and 20 more
changing hands at SS12. Washington
Gas Light opened at 69A and closed
at 691a. A small lot of Potomac Elec-
| trio Power, preferred, Interim GER
tificates. brought 1861. The only bond
transaction was in Washington. Balti-
| more and Annapolis SIS, at 6612.
The local exchange is facing three.
day holiday at the week end. 1t is
closed every Saturday and will be
closed Monday on account of the cele
bration. AS the New York Stock Elk.
change has voted to close on Satur-
day most of the broker offices here
will be closed. The Washington
banks, however, will be open as usual
on that date.
Bank Declares Dividend.
At the monthly meeting held today
the directors of the National Bank OF
Washington declared the usual semi
annual dividend of 6 per cent upon
the capital stock of the bank, pay
able July 2. to stockholders Of record
on June 80.
War bonds of the Imperial Russian
government may be charged off as
bad debts by American tax payers. In
computing their taxable income, Il
was held today by the board of tax