Evening star., 1928-04-12
STOCK EXCHANGE
4 HONORS c. J. BELL
Celebration of 10th Birthday
Attended by Gift From
His Associates.
BY EnwARp c. STONE.

Ahe washington Stock Exchange an
there were surprises galore on the occs
sion of his 10th birthday and tn
rounding out of IS years as nlembs
Of the exchange. one of the bigges
xlrnrises was sprung by Mr.. Bell him
self. who arrived at the morning Sessio
disguised in a heavy overcoat, lont
white beard and large soft hat. Fo
several minutes he had members OF tn
eychange and the visitors completel
at sea as to his identity.
Carroll Glover, president OF the eX
change. briefly referred to Mr.. Bell
birthday, his long connection with u,
exchange and his brilliant record II
fha world of finance. Mr.. Glover the'
anoointed committee consisting Q
Fs,cene e. Thompson and c. J, Gockele
IN lake proper notice of the event In
ccnnmittee first presented Mr.. Bell VIII
= humorous gift. after which they CAV
him large and handsome silver punei
bowl. .,s 49,. Ia.
.erine showing that the tribute wa
naiS AR Bell BIZ his associate memoef'
~ the washington Stock Exchange OF
his seventieth birthday anniversary, a
= token of their deep affection tor nlII'
As we'll as appreciation OF ms 10 years
membership. =. ,h.
...;,s members Among the visitors
,,ere Robert Y Fleming. Frank T. Morse
vviyl,arn J Flather, Robert n. harper
f~,arerce r Norrncnt. James Greene, y
n Eendr;ck. 0. II p. Johnson, HoWaLt
Peesiae William F. Ham ana a.
Eerrv Charles c. Glover. cnafte'
,,e,nhe4 of the exchange, could not at
tend and Albion K. Paris, VINO Is no"
IN Garfield Hospital. sent a meSSags
r.h,eh said in conclusion: The ohlS
fhsnr can do is TO send Mr.. BelI my
1,aarsfelt CONGRATULATIONS and to tnahs
Cod he and I have been such gooc
friends through all these years.
Trading Active on Exchange.
TRADING was active on the local ex.
snanre today in spite Of the specia.
feaf,,rps. Peoples Drug Stores preferred
sold hicher, As shares coming OUT ~
sSc over 2c0 shares of washington
rsas sold at 9oss, Capital Traction haoN,
- a. Inqss. sand & Gravel preferred
e. 1n1i. and lOO1a. and Federal-Anler-
srar ca common closed at 81.
Merchants Transfer g. storage pre-.
ferred onened at io7ie and closed a.
faTS and 100 shares of National MOTT
care & Investment preferred cnat.seo
SaSrs at So. Trading in bones was
cuiet at firm prices.
Insurance Men Meet Tonight.
The members of the District Lie on-
serwriters' Association will meet tnts
evening in the assembly room ~ the
NJ e A.. 1856 O street, Tor the paI-
rense Of making nominations 10 M va
crssr:es On the board of directors As
tsass is o,1e of the regular meeting nights
~ the insurance school. the unoerWflt-
srs are invited to spend an hour listen
tnv n An address by Alan Maphis on
sNeeting Objections" before the ouSi-
ness session opens. - ..,,,
The special speaker lor the np.n
meeting win be Fred s. Munseh. supea-
.sSrr ~ the New York Life lnSuranc.
r. in fhe baltimore territory. he VIII
sneak IN methods Of getting new pusi-
,sesS al the time of age changes OF pol
irvnoIders and prospects. and also out
tive methods TO be followed IN optaia-
ina continuous production OF ~ appn-
cations each month. The nosices sea.e
sh.f oliver Thurman also VIII give an
address carly in the evening
Railroad Ofticials Promoted.
Effective April II. G. A. Trotter. ncM -
city ticket agent Of the Canadian "a
etfr PeiIway & Steamship Co. VIII oe
rr0n,oted to city passenger agent fTan1
8 NcCov. assistant ticket agent, wiz
succeed Mr. Trotter. and John M: Lyn-
farn of the passenger department,
Southern Railway, viii become cniei
clerk Of the washington ONCE.
second Press CIub Issue Offered.
s-ne second and final step In financ-
tnr the National Press Building. va
tsken today In the offering OF Sz,zoo..
COO Of the buildings e1z per I'll. ~
General mortgage sinking Juno 10y
bonds. priced az 100. This o1ering ios, .
lows the sale yesterday OF So.I9o.vuAs
ssrxt mortgage 5szs by group neanec
-, Harris Fnrsoeg G Co and including
rsaron Gade 81 Co. and Love, ma
er.rnF,eg A. Co. Today's offering s ps
Faxon. Gade e. Co. and Love. Macompei
Il Co.
proceeds OF the two issues VIII De ap-
nsied 70 the retirement OF outstand'
f1a mortgage debt and other mnept.
e6ssegs Of the National Press Building
CorDoration. The entire property rep
resenttng q unique experiment IN nigI
fnsnce by washington newspaper men
IS appraised al $f0.7e2 ,ss5.
New Banking Quarters Completed.
The large addition 70 the security
EaviYQs 8x Commercial Bank ~ nlntL
ard n streets northwest viii be opened
for business next Monday and the org
fYSsl bank turned over TO the con facO0'
for a complete oveThaultng.
The uptown branch xin be opened
An is new home on X street on MOT
6ay. Nay z. The changes WI give IL IL
hasak very fine quarters for botn the
main and branch Offices.
Heard IN Financial District.
FLOYD z. Davis, president Of tne
Lincoln National Bank, has returned
from q weeks visit At Atlante ClIy.
n. Golden Donaldson. president oi
ts.e COMMERCIAL National Bank, haa
returned from several months stay ~
iFa0Fada.
Charles p. LyddaTe. vice c-esiT oi
tl1e Federal-Anertcan National *
h spending q few days a. Whit jul
pllsir Springs, w Va.
Ygge monthly meeting of the District
Conference ~ Bank Auditors and
EompsFolleFe viii be held today ~ the
tyniyeTsity Club at $40 pm followed
bg dinner, according 10 announce
fnent by J Damn FabeF, American
fseeurity A Trust Co, president, Fol-
loving the dinner there viii BE- dis
csisslon Of numerous problems which
have particular interest for auditors 0i
ttas local financial institutions.
During 1895, 62 life companies re-.
ported 1869 death claims, amounting
10 sa1 94l al, during the first year OF
insurance,
The board Of directors Of the kati0nal
CITY Bank of New YORK has taken
preliminary steps for submitting "
shareholders III q special meeting 10 h
he'd April "a a proposal ~ incfeass
tfae capital stock of the bank from
SIS 600 900 20 SO 900 900.
The regular monthly meetings Of tn
Washington Gas Light CO. and fhs
Capital Traction Co TOOK place today
r.
DIVIDEElg