Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-10

N
"e''Se " "'"" its former Office
being on X street just OF Fourteenth.
George w. Huguely Is vice president
and treasurer; Morris Gewirz, secretary
and general manager; Harry M. Gran
dali. vice president, and M. d. Rosen-
berg, general counsel.
n addition to the officers, the direc-
tors include James E. Smith, j. b.
shapiro, w. w. Grifith, Paul Himnel-
farb. e. r. Chewing, Charles a. Gold
smith and Vernon @. owen. Previous
to today's opening the entire personnel
attended special luncheon at the Carl
ton Hotel yesterday. during wnicn MI.
Cafritz took occasion to praise the
ororress OF the company, its manage
ineflt and the investment service
offered.
Tanker Basking at South River.
George o. watson, president of the
rat,erty National Bank, is passing his
vacation basking In the merry sunshine
and cool breezes at his Summer home, on
south River, not far from Annapolis
A lover Of the outdoors. Mr.. Watson is
never quite 80 happy as when Angling
for elusive fish, out in his motor boat, or
perchance taking a dip In the placid
waters of South River. This season ne
Is TeStUiIlS III y kiCW iaVtsac "asa~Aa nv FN~
Paw bankers in washington are more
conservative than Mr.. Watson, yet he Is
always progressive. m his younger days
he was connected with the National
TyafitAa Bank. and later with the Com
fftercial National, from which he went
IA the National Metropolitan IS cashier,
being closely associated with George w.
white. Resigning his position there, he
became one Of the organizers OF the
Liberty savings Bank, this bank having
been Iiationalised several years ago:
The Liberty Bank has never had any
otl,er president, and has grown steadily
under Mr.. walsoh's leadership. Years
AGO this financier was active In the DIS
tfict Bankers Association. and ne has
also held important committee assign
ments In the American Bankers ASSOC
citation, AS a member Of the Washing
tori Stock Exchange he Is always at the
sessions and one Of the most active par
Elephants.
Sanitary Grocery Earnings Up.
The June earnings of the Sanitary
Grocery Co. were reported today ~
81. 986, ASA. compared with 81 ,588, 664 IN
June, 1927, or an increase OF 43.2 per
cent.
Sales for the first six months Of 1928
were also reported. being $ll $50 sos, m
comparison with s6,i60,e76 IN the
corresponding month OF last year. THIS
Is O gain OF $50 per cent.
These high percentage gains In sales
are partly due to expansion IN the
number or stores now being operated
by the company, a great many stores
having been added since last June ana
since the first six months OF 1927.
The eompany's preferred stock sold
here yesterday at ia. It opened the
year at los and has been ais high as
l2i.
| Insurance Officers Excited.
At the annual meeting OF the stock
holders Of the National Union Insur-
ance Co. Of Washington, held yester-
day. the following directors were
chosen. Charles r. Brown. Floyd E.
Davis, Albert r. Fox, w. T. Galiiher.
HoicoEnbe q. johnson. J. Leo Kolb.
John B. LArner. walter S. Pratt, IT.;
D, r saul and John @. weldon.
Subsequently the board selected the
following officers to serve for the en-
suing year: Albert r. Fox, president;
B. r. Saul. vice president; w. r. Gal
liner. vice president; william H. SOM
ervell, secretary. and william H. Mar
bury, assistant secretary.
Gas Leads Toiay's Market.
Washington Gas led trading today on
the local Stock Exchange, the turnover
being so shares. IT opened at 953. and
closed at 90. Mergenthaler moved at
l0034, Sand d Gravel preferred at e6
and 95%. Potomac Electric Power 6
per cent preferred At Ill. Chestnut
Farms Dairy common at IS and Capital
Traction at 1854.
Bonds maintained recent levels.
Barber de Ross 6As sold at 95, Capital
Traction IS at i02ia. Washington Gas
81 ut lO4 and Gas 6s, series b. ut 1854
In the unlisted department 100 shares
OF Chaplin Sacks per cent preferred
changed hands at i07is.
Ruma MAN Loan Progressing.
The Rurnanian legation In this city
stated today that negotiations between
the RumaniAn government and certain
banking groups for loan are pro-
crossing satisfactorily. The loan Is
being made for sterilization purposes.
Insurance Committee Named.
A. L. Baldwin. president of the
District Life Underwriters Association,
has appointed the standing committee
for, this year ~ follows:
Educational, Paul Sleeper; field prac-
tice, q. l.. EtAbler; general agents. john
r. CTeiner; legislation. II. L. Choate'
membership, Karl 8. HOFFMAN, George
+. Black and Leo c. Lloyd program.
+. n. Crowley, E. ID. Crewson, ]. A. De-
Force: Miss Mannix and Frank Strunk;
civic agencies, Wallace Hatch. sales
congress, II. n. Bryariy; bulletin Carl
s. Dow, Roger b. mccullough ana Les
ter d. OFlaherty,
Heard IN Financial District,
Y. II. Booker, IT.. head OF the invest
Inent house by that name, has joined
the colony at Wesley Heights, having
Just moved into handsome new home
in, that section.
Hilleary q. Hoskinson. vice president
In charge of the branches of the Riggs
National Bank, Is passing his vacation
In Chio~~O M 10. as Moran 81 Mack
would spell 1t.
G. @. Glover. IT.. president OF the
Washington Stock Exchange, who Is
passing his vacation In Massachusetts,.
Ia In the city for few days.
The Treasury announces that the
offer TO purchase third Liberty loan
AZ per cent bonds at 100 i-l8 and ao-
crued interest has now terminated.
June shipments OF railroad loconlu-
tives from principal manufacturing
plants totaled 81, compared with IL IN
May and 90 In June. iDaT, according To