Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-10

1.us rr;r,b,. stock touching los
during the day
Chestnut Farms Dairy common came
out at las, while the preferred closed
at 1885.
Mergenthaler Linotype closed at 10l
the days turnover being 81 shares
Two small lots of Washington Gas
moved at 80. Columbia Sand & Gravel
sold at 90, Sanitary Grocery preferred
at 1874 and IS shares of Terminal
refrigerating & Warehousing Corp.
at so.
Bonds maintained recent levels on
nounced at the close of the session
that the board of governors has voted
to close the Exchange on Friday, Octo-
Der II. Columbus Day.
Bank Official for Eight Years.
James Trimble. vice president of the
National Bank of Washington, is now
rounding out eight years service with
this institution having added materially
to his reputation as a banker during
that period When made vice president
of the bank Mr.. Trimble had been
national bank examiner for Baltimore
and Washington for seven years. Dur
ing six months of that time he served
as chief national bank examiner for
New York State and examined all the
largest banks in New York City.
Few bankers in Washington are more
familiar with intricate banking methods
and problems than Mr.. Trimble. Few
have seen the inside workings of more
banks. He started his banking career
as a boy in Kentucky and when sud-
den vacancy occurred in his home town
bank the directors wanted to make him
the cashier To their surprise they
found he was just under 81 years of
age.
Mr.. Trinlble is deeply interested in
religious and philanthropic work. He is
vice president of the Central Union
Mission and affiliated with the Central
Presbyterian Church, famous as the
house of worship of President Wilson.
d. c. Bankers to Meet Tonight.
Robert v. Fleming, president Of the
District Bankers Association, the 9TH
er officials making up the council of
administration, together with the chair
men and vice chairman of the stand
ing committees. will hold meeting this
evening at the Metropolitan Club. They
will talk over the plans for expanding
the work of the association to include
fiduciary section, safe deposit Sec
ton and audit section. w w. Spald
| chairman Of the legal committee, and
his aides are working on the amend
ments to the constitution required II the
expansion program is adopted.
| The October meeting of the whole
association takes place next Monday
| evening at the Willard. The amend
ments will be presented for adoption al
that time. Other matters before the
ASSOCIATION will also be disposed of and
a buffet supper will wind up the pro-
ceedings.
The proceedings of the tenth annual
convention. at Montauk Beach, L. l.,
came out in printed form today and
are now available for members. The
associations activities for the four days
cover 242 pages. The book is one OF
the most attractive of the kind yet put
out.
Exchange of Stock Planned.
Notices have recently been sent To
all Washington holders of Sanitary
Grocery preferred stock regarding the
redemption of this issue. The stock is
| to be redeemed on December l. TIC
| those who have not already acted In the
matter will be paid $1l0 per share plus
an amount equal to the unpaid dlVl-
dends to and including December l.
! All dividends cease after that date.
I'm to November Is three shares OF
the preferred stock are changeable fol-
one of the common. The Washington
! Stock Exchange has $2,500000 of this
/ capital stock listed which is selling
| around 131 and 1872. The common Is
/ listed on the New York Curb.
Car Loadings Reveal Increases.
Freight loadings for the week ending
! September 20 totaled 1885, 1853 cars, ar
| increase of 53,554 cars over the preced
inc week. the American Railway ASso
| citation announces, and also an increaSt
of 69.865 cars over the corresponding
week in 1927
Miscellaneous freight loading for thu
week ending September 30 was 48O,49;
cars, an increase of 1924 cars over TIT
same week in 1927; coal, 206, 294, in
crease 1866; grain and grain prod
nets. 1886, increase 1925; live stock
sc. 662. increase 1885 loading of mer
chandise in less than carload lot freight
27O.188. decrease 739; forest products
| sc, 1888, decrease 908. ore, 81, 100, IN
crease $3.50, and coke, 10,749, increas
933.
Financial District Notes.
! Inc washington MBCilGIllNo nAOi Z
gage Co. has declared the regular guar
terly dividend of 2 per cent, payable
October Is to shareholders OF RECORD
October 10.
Secretary Victor B. Deyber OF thu
Washington Clearing House Association
has called a meeting for this after
noon at 4:30 at the National Metro
politan Bank for election of chair
man to take the place of Harry V
Haynes, resigned.
Twenty-seven reporting chain store
companies show sales gain of 24.6 pc
cent for September over 1927 and I
gain of 1877 per cent for the nin'
months. Aggregate sales Of 10 of thes'
companies, financed by Merrill, Lynch
81 Co., show an increase OF 26.6 pc
cent for nine months.
G.. B. Chapman, resident partner o
Hartman & Co., members Of the New
York Stock Exchange, returned yester
day from short business trip to New
York
Carrying out of the consolidation o
the Riggs National and Farmers
Mechanics National will give Rigg
total resources of $56, PAT, 093.65, &C
cording to the condition statements o
both banks since the last controller
call.
UNTITLED STEEL ORDERS.