Evening star., 1927-11-22
BOND LIST ACTIVE
ON EXCHANGE HERE
Small Denominations Move
We!I-Gas, A. & B. Issues
Draw Most Attention.
BY EDW ARD C. STONE,

. IN EIbNN .AhD - SA'ANi'
! Activity in the bond market again
.ratured trading on the Washington
stock Exchange today when ~ dlfltf
ant transa Ct ions were recQrded du'tiiG
! he session at quotations close 10 In"
i peak for the year. Not 10 pe oh'uoiit
! hv the strength recently displayed IN
! the New York market, prices here
, have maintained equal frmness ana
considerable sums released by the
! second Liberty loan redemptions nave
| been turned into local bond cnanile'S,
One of the unusual turns in tne iot"l
| market is the interest displayed IN the
| small denominations. The baby bonus
are usually moe or less neglected, put
| during the past few days they, nave
| been bought as rapidly as oiieieu ..o+
WASHINGTON Gas A and B bonds drew
all the buyers. The session openea
With wen sales of 500 and SZoo "A
! bonds. selling at 10412. An $500 bond
sold at the same figure, followed oy py
| the transfer of $1,000 ana a 9o'oVo
| bond at 1O6. The market in TINS issue
| closed with an $500 turnover at lo4A'
| The E bonds, which touched lo' yes
| terday, came out today at Ioo Y OH a
| S700 turnover, followed by Sooo anu
| 5000 sales at 105A. oo,,
I'd
| Gas stock opened at S5l2 and sold on
to ssh. Merchants Transfer Storage
preferred came out at 10412 and closed
at 104as on 60-share turnover. 70.
| tomac Electric SIC per cent preferred
moved at 1862. There was a 5-share
sale of Mergenthaler at 1914 am %
shares of Sand & Gravel changed
hands at 103.
Phillips & Go. Reorganizes.
The firm of w. S. Phillips & Co.
! has been reorganized. William {. Sui
Iivan and Maj Julius I. Peyser have
resigned as directors and Philip Her
, man has resigned as vice president
| treasurer of the corporation. The FOL
lowing officers have been elected 10
take the places of the above'named
officers: T. Foy Simmons. vice presi-
! dent, and A, NJ. Rennoe, secretary
treasurer.
Baruch Elected B. & o. Director.
Bernard NJ. Baruch was elected a
! director of the Baltimore & Ohio Rail-
/ road at the annual meeting yestef-
: day, taking the place of the late r.
Brent Keyser. The other members
we're reelected as follows: Newton
| D. Baker, .. w. Cooke, John j. Corn
| WE'LL Robert Garrett. John r. Moron
| F. H. Rawson, Henry Ruhlender'
| George NJ Shriver John F. Stevens
Paul NJ. Warburg and Joseph T.
| Widener.
President Willard made his annual
report AT a banquet in Baltimore In
! the evening in his honor Mr. Willard
| EXPRESSED the desire for the conson'
dation of the Western Maryland Rail-
road with the Baltimore & Ohlo IN
| order to make the latter a better
| roundabout railroad.
Theater Party Date Settled.
The institutes annual theater party
for the benefit of the educational work
in Washington Chapter will take place
this year on December 5, at the Ma
tional, Earl Carroll's "Vanities' being
the big attraction. with Moran and
Mack, THE Two Black Crows head.
ing the feature program. President J.
r. Roberts the board of governors
and the local chapter advisers con
slider this the strongest bill obtalnable
at this time and believe that the heavy
| expenses in connection with MAINTAIN
ing the institute work will receive
| substantial boost.
The annual theater party is featured
| fully as much as social event for all
| the bankers of the city and for their
| friends, as we'll as a means of carrying
| on the chapters work. Reservations
| will be made at once. The committee
| having the party in charge is com
| posed of Alfred w. Sherman. Ameri
can Security & Trust Co. chairman
| Miss Eleanor Dankmeyer. Security
Savings & Commercial Bank; John T.
| Fletcher, Potomac Savings; Charles
| g. Hagan. National Metropolitan: John
| r. Keener Rags National: Fl. r. Kim
| ball. central branch. American Secu-
| rty G. Trust Raymond p. Lochte, Dis
| trict National: Miss Helen McGillivray.
National Savings & Trust; Leo j. Mo
ran, w B. Hibbs & Co; Lincoln II
| Phillips. Bank of Commerce & Savings:
| Joseph NJ Reilly, Farmers & Me
clnanics National; Miss Rose Royce,
Washington Loan & Trust Co.. NJ. F.
Showalter, Commercial National; Ed
win c.. Steffe, Federal-American Ma
tional; Thomas G. Talhert, Union Trust
Co.: G. NJ Van Hoesen, Second Ma
tional. Robert G.. Whitton, First Ma
, tonal Bank of Alexandria.
Long Exchange Service Rewarded.
The Washington Stock Exchange
annual election again proves that
virtue is it's own reward. c. {.
| Glover. jr., was placed at the helm be-
cause of his past years good service:
+. L. Hiilyer. the new vice president.
almost never misses a session; G.. j
Gockeler long ago proved his great
worth as secretary, while Trea surer
| - n Vol hos