Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-06-23
RONnS
Liberty Bond Ofer Extended.

Secretary Mellon states that under
the Treasurys recent offer to purchase
Third Liberty Loan AZ per cent bonds
SIS .O00, 900 at 100 asa and accrued In
terest, Federal Reserve banks received
tenders of such bonds approximately
The Treasury offered to purchase Up to
Sl25. 000. 900.
Mr.. Mellon also stated that while
privilege of rendering these bonds for
sale had formally expired ct the close
of business on June 10, the Federal
Reserve banks have been authorized to
purchase until further notice at 100 lilo
and accrued interest to date Of payment
any additional Third Liberty Loan 4L
per cent bonds which may hereafter be
rendered.
The Third Liberty Loan Az per cent
bonds mature on September Is. 1923.
date.
rederAl-American Dividend.
The board of directors of the Federal
American National Bank has declared
the regular quarterly dividend of s350
per share due at this time. 1t Is pay
able July to stockholders of record
on June 81.
william du Point, IT.. Of Wilmington.
Del, who was recently elected chairman
of the board OF directors of the Miller
Train Control Corporation. has Just
visited the company's main plant at
Staunton. Va. President H. B. Miller
reports that Mr.. du Pont inspected the
plant very closely. making q special
study of the Miller system. The VIII
mington capitalist Is now taking an
intense personal interest in the COM
pany's affairs.
A. I b. Officers Are Elected.
Frank NJ. lotion Of the Chase Ma
tional Bank, New York, was elected
president of. the American Institute of
Banking yesterday at Philadelphia.
Washington Chapter was honored
with representational ON three national
committees. I. J. Roberts, Riggs Ma
tonal Bank. past president OF the local
organization. was named for the reSo-
buttons committee; Miss Catherine
Krieg. Riggs National Bank. was placed
ON the women's committee. while Har-
old w. Burnside. Farmers & Mechanics
National Bank. was chosen for the COM
mittee on public affairs
The election OF four members Of the
national executive council from seven
candidates was disappointing to WASH
ington members. T. Hunton Leith fail
ing 10 get under the wire. His sup
porters, who included every member OF
the local chapter, believe the fact that
Baltimore has representative ON the
board hurt his chances, opposition de-
veloping to having two members SO
close geographically, He made q stronS
run. however,
Heard In Financial District.
George A. Harris. president of the
Potomac Joint Stock Land Bank, has
returned from Detroit where he at
tended conference OF Civitan Clubs,
George w. Pratt, Washington repre-
sentative Of the First National Co. OF
Baltimore has left the city 10 attend
the Democratic national convention at
Houston,
w. W. spaid has returned nom a
short visit IN New York. where he went
10 attend meeting of the board OF
governors Of the Association of New
York Stock Exchange Firms.
Francis NJ, Savage. formerly presi-
dent OF the Central Savings Bank, ac-
companied by Mrs. Savage, left WASH
ington yesterday for New York, where
he will sail on the President Wilson
next Wednesday for Venice. He win
return October /.
q. Bowie Chapman OF Hartman a.
Co. left Washington last evening for
New York to sail for Europe today ON
\ flve-week tour.
Joseph Sehiavone. former president
Of the Intaahational Exchange Bank.
has left here for Texas TO attend the
peneeFWtsaA convention