Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-20
WASHINGTON GAS
STOCK HITS PEAK
Sanitary Grocery Pfd. Also at
New High-0ther Is
sues Are Firm.
BY EDWARD c. STONE.

BY EDWARD c. STONE.
Two stocks on the Washington Stool
| Exchange climbed to new recent higl
marks today when Sanitary Grocer,
preferred sold at 1851. and Washington
Gas Light advanced to 85is.
| Other issues were firm. 80 shares o
| Capital Traction selling at 109la, 20 o
| Columbia Sand & Gravel preferred a
lo4's. so of Columbia Title Insuranc,
Co at IS. and 10 shares of Peoples Druf
Stores preferred at l2l1s and 10 more
at l22 A small sale in Potomac Electric
Power Sly per cent preferred took place
at 108is.
There was but one bond sale. a $500
transfer i'll Washington Gas. Series B
being recorded at 1887. Washington
Gas. National Savings & Trust anc
Washington Loan & Trust stocks are
now being quoted eX dividend.
Young Addresses Bond Club.
Arthur N. Young. economic adviser to
the State Department, was the guest
speaker at the January luncheon of the
Washington Bond Club at the La Fay
cite Hotel this noon. Mr. Young spoke
informally on the economic conference
held at Geneva last Summer to which
he was a delegate. He discussed the
background of the conference, what led
up to 1t. what is accomplished and what
have been some of the subsequent re-
suits. His talk was highly instructive
and entertaining.
WinSlcw r. Van Devanter, president
of the club. introduced the speaker. and
there was large representation OF
members present.
Commercial Adds Assistant Cashiers.
At the organization meeting of the
Commercial National Bank directors
yesterday two new assistant cashiers
were added to the list of officers
r, Jesse CLANCY and Michael F..
Showaiter. r. Golden Donaldson was
reelected president. and the other off,
GERS chosen included James B. Reynolds
James H. Baden. Laurence A. Slaugh-
ter and Walter ]. Harrison. vice presi-
dents: Frederick H. Cox. cashier; Hay
den johnson, general counsel and trust
officer: Aubrey o. Dooley. assistant trust
officer: Robert A. CiSSel. controller, and
Herbert V. Hunt. T. Blackwell Smith
and Alexander r. Varela, assistant
cashiers
Both new assistant cashiers have
been with the bank for some years and
both are graduates OF Washington
Chapter, A. /. B. Mr.. CLANCY also is
past president of the institute. He has
passed through many departments in
the bank and now is manager OF the
credit department. Mr.. Showalter'S adj
vancement also is due to his efficient
service. having been successfully receiv-
ing teller. note teller and assistant to
the officers.
Taxi Company Elects Officers.
At the third annual meeting of the
stockholders of the Independent Taxi
Owners Association. Inc. the following
directors were named: Alexander q.
Hipson, E. O. Turner, Albert Keeting.
Robert j. West. Harry c. Davis, Joseph
A. Street. John /. Charles and Andrew
w. Manager. The directors of the asso-
citation, which operates the Diamond
Cab Co, elected these officers:
Alexander G. Hipson. president; Rob-
ert j. West, vice president: A. M,
Manager, secretary; Harry c. Davis
treasurer and manager, and Messrs
Street. Keeting and Turner. inspectors.
Liberty National Organizers.
The directors of the Liberty National
Bank organized today by re-electing
the following officers. George o. Wal
son, president; E. j. McQuade. vice
president: NJ F. Calnan. cashier: ].
3. Skinner, assistant cashier. and T.
P. Littlepage. general counsel.
Federal American Co. Elects.
The organization OF the Federal
American Co. took place yesterday with
the election of the following officers
for the year 1923: w. T. Galliher.
chairman of the board. John Poole,
president: william j. Eynon and Will
mer J. Waller, vice presidents; Charles
B. Lyddane, secretary treasurer. and
Charles D. Boyer. assistant secretary
treasurer.
Committee Pushes Banquet Plans.
T. Hunton Leith, chairman of the
committee arranging for the annual
dinner Of the Washington Chapter.
A. l. B., which takes place at the Will
lard on Saturday evening. February ID,
is giving special attention right now
10 the entertainment 10 be provided
on that occasion. II Is proposed To
make the program features somewhat
different from any previous dinner and
at the same time leave plenty OF time
for dancing. The entertainment COM
mittee is headed by A. e. Henze OF
w Ga w. a. LAAdAA n44A
serving with him are Miss Catherine
Kreig. Riggs National Bank: Miss Le-
cha Anthony, Federal American Ma
tional: James G. Dulin. jr. American
Security * Trust Co. and Edwin G.
Etene, Federal American National
Bank
Finance Firm Elects Officers.
The stockholders Of the Department.
al Securities Corp. have just held their
first annual meeting, the following d.
rectors being Reelected: David G. Cald-
well. George J. Gross. 1r., Raymond Is.
Dickey. Joseph T. Exnicios. Marshall o.
Eznicios. r.. w Libbey. j Franklin
Meyer G. r. Mccoy. Clyde Reed. j. A.
Richards, L. 4. Ro8afy. q. l.. Shorey,
Sidney s. Smith, Joseph Stewart and
John q Tezter
Joseph r Exnicios was reelected
president. Raymond H. Dickey. vice
president; Joseph Stewart. chairman
executive committee; Clyde Reed. sec
Rotary: c. r. mccoy. treasurer. and
john L. Copelan, assistant treasurer.
Sand d Gravel Election Held.
The annual meeting of the stockhoid-
efs Of the Columbia Sand IL Gravel Co.
Was held yesterday ia Alexandria. the
following directors being Reelected
Charles J. Bell, Robert " Fleming.
Charles &. Glover. Jr.. Clyde H. Asher,
Gustav A. Bonnet, Clarence 7. Kings
bury, Arthur &. Moses, Lawrence j.,
Reeves, Leon f.. Ulman. George q. Wal
sDn and Roger J. Whltet0rd.
The directors later elected the follow
ing officers Clyde Il. Asher, president I.
l. L. Reeves. vice president and general
manager, q. a. Bonnet, secretary ana
treasurer.
Heard in Financial District.
~ the last meeting ~ the directors
" lie Union Trust Co, one months
salary Nag voted 40 extra toni,snkatlDn
~ all employees III the bank.
The directors III The National Savings
and Trust ca. have declared AN extra
dividend Ut b per cent. bringing the
dividends tof the last year up 10 II
t,4sf cent