The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1927-07-26
MANY BANKERS.
!. ON VACATION
BY RICHARn HATTON


expected increased activities Of the
1all. Mountains. seashore and auto
mobile trips Of varying length have
taken many officials from their
desks during the last Of July and
1lrst part of August.
Executive Vice President John NJ.
Rtordon. of the Bank Of Commerce
and Savings, will leave Washington
next Saturday on an extended vaca.
ton trip. which will include. Mon.
treal. Bamff. Lake Louise, Vancou.
yer. Seattle. Portland. San Fran.
cisco. Los Angeles, San Diego, the
Grand Canyon, Salt Lake City and
Chicago.
Wallace NICK. Stowell, vice presi.
. dent in charge Of the Seventeenth
and H Street branch OF the Lincoln
National Bank, is spending q vaca.
ton at Virginia Beach.
Alexander Wolf. general council
OF the Bank Of Commerce and Saw.
angs, accompanied by his son. Alex.
ander Wolf, jr.. will sail for Europe
about August i on the Leviathan.
After an extended tour through
Europe Mr.. Wolf will return in the
early part Of September.
President George L. Starkey, Of
the National Bank Of Washington,
has returned from week end trip
to Virginia Beach.
Vice President c. H. Pope. Of
the Munsey Trust Co., il expected
back from a months vacation next
Monday.
Assistant cashier e. H. Graham,
OF the National Bank of Washing
ton, has returned from a short
trip to Atlantic City.
Assistant Treasurer P. J. Nc.
Mahon, of the Munsey Trust Co.,
will leave Washington next Satur.
day for a vacation trip to Virginia
Beach.
Cashier F. H. Cox, Of the Com
mercial National Bank, is away on
q three weeks vacation.
Miss Lois A. White, Of the Fed
eral'American National Bank, pres.
4dent Of the Women's Bank Club
and secretary of the Washington
Chapter A. I. B., has returned
from attending the Detroit Con.
vention. Miss White made the re-
turn trip via the Great Lakes
route.
President Lanier p. McLachleu,
Of the McLachlen Banking Cor.
poration, Is reported az breaking
fishing records in Connecticut. He
Is expected back In Washington
About August first.
Vice President John D. Leonard,
Of the Washington Savings Bank,
has returned from a three-weeks
vacation spent at his country home,
Hillcrest, near Frederick, Nd.
Eliot Fl. Thomson, Of the Wash.
1ngton Loan and Trust Co., has
returned from Buena Vista Springs,
W. Va, after several days Of vaca.
tioning.
Geo. L. waldren, Of the Wash.
1ngton Savings Bank, Is spending
q short vacation in Virginia.
Charles r. Grant, treasurer Of
the Washington Loan & Trust Co.,
and John H. Clapp, a director in
the Washington Loan & Trust Co.,
and the Federal-American National
Bank, have returned from a fish.
ing expedition in Florida.
Cashier W. W. NARROW, Of the
Second National Bank, Is ON a
. motor and fishing trip in Virginia.
He will be away about three
weeks.
w. W. Spaid, Of VIM. B. Hibbs
& Co., president OF the D. C. Bank
erS Association. is spending a few
days at Atlantic. City. He is ex.
pected back the latter part of the
week.
President Harry ". Haynes. Of
the Farmers and Mechanics Ma.
tional Bank. has returned from a
short vacation spent at Atlantic
City.
Cashier Frank OwinRs. Of the
Bank Of Commerce and Savings,
1s touring the New England states
via automobile. He will be hack
In Washington next Saturday.
Vice President Frank p. Stone.
Of the National Savings ana Trust
Company, returned today from a
three weeks vacation spent on a
tour Of New England and parts Of
Canada.
President William D. Hoover, Of
the National Savings and Trust
Company, will leave Washington
next Friday for a six weeks vaca.
ton, to be spent at the Homestead
Hotel Hot Springs, Va. President
hoover holds a record on the
famous Homestead golf course
which has never been euualed.
The United States Securities
Corporation, through c. e. Moran
Co, investment bankers, is Of.
fer1ng the balance of the first issue
Of preferred and common shares
The preferred is per cent curnu.
lative stock, the second dividend OF
8 per cent having been paid on
June 30. After paying this Sivi-
dend a considerable sum was trans.
ferred to surplus account.
According to announcement made
today the stock is being sold n.
units OF 10 shares Of preferred and
10 shares Of common. It Is reliably
stated that eventually the common
stock will be sold on q different
basis at an increased price,
The United States Securities Cor.
poration has strong list Of officers
and directors and was organised
for the purpose Of conducting q
general commercial banking and
financing business.