Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-19

!
| is Life Insurance day" and tomor-
row own Your Own Home day"
Bank Figures Reveal Prosperity.
! Y. Z. Booker e Co. has prepared
| an analysis showing the capital. sur
| plus, undivided profits, deposits and
total resources of all Washington
banks at the close of business on De.
! cember 81, 1926. Total resources on
that date were 1902, 171,35 This
| figure represents a decrease of $65, 1856.
compared with the figure for June 80
last. However, the additions to sur,
| plus and the increases in undivided
profits made by many institutions
shows that the local banks had a
prosperous six months.
The aggregate figures for the banks
at the close of the year, compared
| with those for June 80, 1926, are
both interesting and informative. On
December 81 the banks had a total
capital of $24 ,321,910, compared with
S24,269,919 on June 80; surplus on De-
cember 80 was $17,045, 773, and on
! June 30, SIC, $50; undivided profits
at the end of the year totaIed 5000. :.
$40, and in June, 1909 .489; deposits.
on December 81 were $239,9172S4, and
on June 80, $244, 998 ,009 while total
resources at the end of the year of
500, 171,304, are compared with S3O2.
SZo,I0 In the middle of the year.
Munsey Trust Has Election.
AT the annual meeting of the Nun.
sey Trust Co. yesterday afternoon
these directors were elected Rudolph
ii. 4eatman, an attorney, being the
only new members of the board: VIII
nam 1. Dewart, Charles DENLY, C. T.
DIXON Charles b. Hawley, j. II.
Hines, G. T. Hodges, jr.; Arthur G
Lambert, Wilton ]. Lambert c. n
Pope, G. d. Radcliffe, Franz Schneid
er. ir.; Alfred p. Thorn, jr.; r. III.
Tithorington, Fred A. Walker, A. r.
Watson and T. G. Willis.
The board reelected the following
officers for 1927:
Wllham L. Dewart, president; Will
ton j. Lambert, vice president and
general counsel; c. II. Pope, vice pres.
1cent and treasurer; c. ID. Radcliffe,
vice president and assistant treas.
lrer; I. G. Willis, secretary and as.
Slstant treasurer, and P. j. Mcmahon.
assistant trea surer.
American Security Officers.
The board of directors of the Ameri.
can Security and Trust Co. elected
these officers late yesterday, Charles
Il. Boswell being added to the list of
assistant treasurers:
Charles j. Bell, president: Corcoran
Thorn, B. f. Saul and Howard Moran
vice presidents; Frederick p. III. Sid
dons, secretary; Charles Z. Howe.
treasurer; William l.. Beale, real es-
tate officer; j. Damn Faber, auditor;
Albert I'll. -Shlllington, assistant secre.
tary; David n. Houston, T. Stanley
Holland. j. Eliot Moran, Arthur G.
Nichols and Earl G. Jonscher. assist
ant trust officers; William w. Keck.
hans w. Ireland, Percy c.. Brady.
James G. Dulin, jr.; Edward f. Swan.
Richard Z. Harris, Harry p. White
and Charles f. Boswell, assistant
treasurers; John E. Benton, assistant
auditor.
North Capitol Names Board.
The following board of directors has
been elected by the shareholders of
the North Capitol Savings Bank:
Paul Allen, f. S. Burgess, George
Clagett, A. o. Ollie, John A. Eckert,
Charles w. Floeckher, Edward f.
Hall, Joseph A. Herbert, ST.; Allen
Hollander. w. P. Kenealy, NJ. L.
Michael, Theodore Michael, George E.
Phillips, Leo A. Rover, c.. +. Sewers.
Charles B. Stewart, Charles f. Young
and F. l.. Zirkle.
The directors organized and elected
these officers: Theodore Michael,
president; George Clagett and A. o.
Ollie, vice presidents; Z. S. Burgess,
secretary; +. Henry Coates, cashier,
and Leo A. Rover, attorney.
Two New Members on Board.
At the annual meeting of the Mount
Vernon Savings Bank Robert T.
Hightield and Frank w. Lee were
added TO the directorate and the fol-
lowing members reelected:
James II. Baden, William r. Baum,
Albert }. Berries, G. NJ. Bugniazet, E.
Z; Davidson. r. Golden Donaldson,
Charles p. Ford, Harry w. Hahn,
Fred Hewitt. Hayden Johnson, vii.
liam H. Johnston, DIR. +. f. Koss,
Henry G. Moses, William Muehleisen,
r. Glenn Phelps, B. l.. Rinehart, II.
). Walcott and o. B. Zantzinger.
Title Company Chooses Officers.
The Washington Title Insurance
Co. officers for the ensuing year fol-
low: +. l.. Schmidt, president; A. G..
Bishop, vice president and title Of
f1cer; Joseph N. Saunders, vice presi-
dent and title officer; Charles w.
Stetson, vice president and title of
f1cer; William NJ. Hallam, vice presi-
dent and title officer; Eugene A.
Smith, vice president; George III.
O'Connor, vice president and title of
ficer; Harry NJ. Packard, secretary
treasurer; j. II. Stadtler assistant
secretary-treasurer; r., j. Bierbuchen.
assistant secretary, and E. Roy Hill,
assistant treasurer.
Acacia Reports Record Year.
The Acacia Mutual Life Association
of Washington has closed the best
year in it's history, according to a tel
egram sent by President William
Montgomery to branch managers all
over the United States. The associa-
ton, chartered by Congress in 1869.
now has more than $226,000,000 of in
surance in force.
During 1926 the association placed
more than $45, 900, 900 insurance. ren.
resentlng gain of more than $50.
100000.
Heard in Financial District.
Frank F. Harmon, jr., vice presi-
dent of the Merchants Bank and
Trust Co., was receiving congratUla-
tons today on the arrival in his home
of Frank p. Harmon, 3rd.
President John r. Waller of the
international Exchange Bank was
sending out a January ~ statement
to stockholders today. The bank pres
ident reports that dividends totaling
more than 100000 have been paid to
shareholders during the year, these
disbursements going to 1900 stock
holders in more than 40 States.
Local banks report that many new
accounts were opened on Monday, the
first day of Thrift week. Just how
many of them were due to the special
campaign cannot be stated, as no
questions are asked as to why de-
positors are opening accounts at this
time. There is no doubt, however.
that considerable new business this
week will be directly due to the Thrift