Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-06

in the Eau just pc
fore the institute
opens, when they
are expected to E. Joseph Aronor.
arouse intense in
terest in banking studies and turn their
associates in the various banks toward
books and lectures on finance. The llst
given out by Mr. English follows:
j. E. McGeary. w. H. Hibbs Il Co:
F. B. Glenn, Commercial National
Richard I. Schaefer. East Washington
Savings: William B. Mehler, jr, Wash
Gates. Takoma Park Bank; Allen
Humphrey. Munsey Trust Co.; Miss
Kathryn E. Bowers, Seventh Street
Savings: Hollis Champlain, Liberty Ma
tional; Willard G.. Barker Morris Plan
Robert B. Field, Anacostia Bank; Miss
Anne Crawford. McLachlen Banking
Corporation: Frank r. Clayton, Mount
Vernon Savings: Thomas E. Meyer,
Franklin National: John T. Fletchall,
Potomac Savings: Robert E. Lee, Lin
coin National: Gerald E. Keene, Second
National; p Henry Coates, North Capt.
toll Savings; George G. Cozzens, Wash
ington Savings; Charles B. Hagan, Ma
tional Metropolitan; Collins o. Lamb,
Park Savings: Francis C. Little. First
National HyattSville: T. Grant Ridgley,
Bank of Commerce e. Savings; Paul j.
Setter, American Security 81 Trust
Co.: Henry A. O'Neill, American Sc
curity &; Trust Co.
Gilbert F. Murphy. American Security
g. Trust Co.: John M. Castell. Column
ha National: Donald Mccormack, Riggs
National; Theodore P. Cowgirl. Riggs
National: C. F. Brown. Riggs National;
James B. Lovejoy. Riggs National: B. I.
Boudren, Riggs National; L. WILDER
Engleman. Riggs National; Frank j.
Waters, Riggs National; w. L. Sander
son. Federal American National; Remick
S. Ferguson. Washington Loan & Trust
Co.; George r. Barker. National Saw
ings & Trust Co.; John w. NARROW,
Continental Trust Co.: Karlton Stein,
District National; e. R. Marks. Mer-
chants Bank 81 Trust Co.; Wallace
Schreiner, First National, Alexandria,
w. c. Dieter. Union Trust Co., and j..
Rodney Young, Security Savings g. Com
mercial Bank
Joins Investment Banking Firm.
E. Joseph Aronoff, secretary of the
Federal Board for Vocational Education
since its formation in 1917, has retired
from the Government service to become
resident manager Of the Washington
branch Of Strabo v. Claggett g. Co., Inc,
investment bankers of Boston, New
Mr.. Aronoff came to Washington in
1911 as secretary to United States Sena-
tor James E. MARITIME of New Jersey.
after serving al the New Jersey Capitol
as special legislative writer for group
of IS newspapers. While associated with
Senator MARITIME he pioneered in the
movement to create a Federal agency
for the purpose of promoting vocational
education throughout the United States
On the unanimous passage by Congress
in 1917 of legislation creating the Fed
eral Board for Vocational Education he
was elected secretary. and in 1921 the
chief clerkship was added to his duties
He was elected a director of the In
ternational Exchange Bank in 1923, but
due to demands upon his time by the
Government and his investment bust
ness resigned in 1928. Mr. Aronoff as
sumes his new duties Immediately, with
Offices in the Washington Building.
Heavy Trading In Lanston.
Lanston Monotype featured trading
on the Washington Stock Exchange to-
day. block of 100 shares and another
10-share lot changing hands. at 1870.
Several small lots of Capital Traction
sold at 933s, Railway 81 Electric pre-
ferred came out at 98la and Potomac
Electric Power 512 per cent preferred
changed hands at 1091a. 10934 and
ITO. the last sale being 70-share turn.
over.
Mergenthaler Linotype was more ac-
tive today, the market opening at 10434
and closing at 10412 on a 49-share
turnover. D. C. Paper preferred sold
at 80. Federal-American Co. common
at 4234 and the preferred at 1919.
Merchants Transfer g. Storage common
registered 1867 and Terminal Refrig-
Grating and Warehousing Corporation
sold at so.
Only one bank stock appeared on the
board today. Is shares of Riggs National
changing hands at 578. Bond trading
was confined to City & Suburban IS,
Potomac Electric Power IS and Wash
ington Gas series A IS.
Heard in Financial District.
Claude H. Woodward, president of the
Mount Vernon Savings Bank, has re-
turned from a months vacation IN
Maine, at Old Orchard, Bar Harbor and
other places along the coast.
w. B. Van Devanter, manager Of the
Washington Office of the Guaranty Co.
of New York, is in Wisconsin on a
months vacation.
S. r. Baulsin, cashier, Security Saw
jngs & Commercial Bank, is motoring
% Detroit Lakes, Mimi, on his vaca-
LlUIl. HSolStdIlJ SdSLlleE y. L. 0QlpIey OF
the same institution has motored TO
Penn Yam, N. Y, for two weeks va
cation.
M. F. Calnan, cashier of the Liberty
National Bank, is on his vacation, di-
viding his time between Sherwood For
est and some of the Washington golf
links.
John r. Waller president of the In
ternational Bank. has gone to Mount
Pocono. Pa, for two weeks vacation.
w. j. Father, jr., Of the firm of
Glover g. Flather, has gone to WiScon-
sin on his vacation, where he and his
family will remain until after Labor
day.
william C. LOCKER manager of the
Connecticut avenue branch of the Dis
trict National Bank, is spending his va
cation touring in Virginia and Mary
land.
McCrory Stores Corporation has de-
clared regular quarterly dividends OF so
cents each on common and common B,
both payable September 8 to stock of
record August 20.
American Telephone g. Telegraph
June operating income $2,895, 300,
against $3,037 ,034 in June, 1928; six
months, $20,314,5 against $18,974,7 ITO.
S. s. KreSge July sales, Sill ,686, 639,
increase 10.4 per cent over July, 1928;
seven months, $7s,S14,447, increase 81
per cent.
RTTRREP TS CTEAnY