Evening star., 1926-02-17
Out-of-Town Guests 10 Attend


Will be held at the Willard next Sat
urdaE night. i was announced thu
morning when Paul +. DetWiler e.
Philadelphia. vice president Of the n"
tional organization. and Ellen y
O'Donnen of Rochester. national chair
man of the Women'S committee Of the
institute. no itied local headguartet
they would attend.
The affair Will lie devoid Of tn
USUALLY tireSome speechmakin-. IN,
general theme Of the marty consiS-
ing of merriment undor- tho incou
parable leadership OF W w. Spaid
who was preva'Ie7 upon o accept til.
-OastmaSrer's chair
The Chase Na-ional Bark has be-,
appointed registrar of 80 600 share
Of common stock of John +. Thor1,
son Co
Treatise Causes Comment.
Apropos of current hearings on Il.
McFadden bill the latest treatise a..
branch banl-in@. The Branch Banl
ing Question prepared in book fo,Is
by Charles Wallace Collins. DEBUT,
controller Of the currency. is causin.
considerable comment and much f.
vorahle discussion.
This book deals with question
which is being widely discussed
he allowed TO establish branches free.
lv-either in the same city in which
they arc already located or III other
cities THROUGHOUT the State?
The author has presented both side
Of the argument in Il clear, straight.
forward way. and without unneces
sarv technicalities. 1t contains also Z;
digest of the laws on this subject and
the opinions of the justices Of the Su.
I
eraI of the United States.
Mergenthaler Dividend
Directors of the Mergenthaler Limo.
type Co. have declared the regular
quarterly dividend of 21a per cent,
payable on March 81 t. stockholders
of record March 6.
Edward ]. McCuade. vice president
Of the Liberty National Bank, and
Frederick d. McKenney, vice presi
lent and counsel of the company. lp-
cal directors. attended the meeting.
Car Loadings Slump.
Freight car loadings for the week
ended February 8, the American Rail
way Association announced toda y
aggregated GA .go4. a drop of 10,35g
under the preceding week and n de.
crease of 1926 under the correspond.
ing week in 1928.
Miscellaneous freight for the Week
the association sad, totaIed 315.G0H
cars. a decrease OF 753 under the weel;
before: coal 75.9G4 and grain and
grain products 44.643.
The bureau of railway economics i'm
a statement announced that the dahl
movement of freight cars in 1925 was
2S.3 miles. the highest since 1910 ana
an increase of Is miles over 1924.
This increase" il said. does not
necessarily mean that freight cars
were moved with greater rapidity over
the rails than formerly" but was
largely brought about by more eff
cient operation of the railroads, par
ticularly in moving freight shipments
through terminals" together with the
marked cooperation of shippers i'll
eXpadiFinC the loading and unloading
of freight.
In computing the average daily
movement, the bureau explained, ac-
count was taken of all freight cars in
service, including cars in transit.
cars in process of being loaded and
unloaded. cars undergoing or await
ing repairs and also cars on side
tracks for which no load was i'm
meliately available.
The bureau placed the average
freight car load in 1925 at q tons,
identical with 1924. but nine-tenths al
a ton less than in 1923.