Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-07-13

were elected
Morris Cafritz. Louis A. DentT Fred
bs-s Of the board are John H Duncan,
j. P. Earnest, William H. McNeal,
william S. Quinter, w. Clark Taylor,
Eliot H. Thomson, Lyle S. Lipscomb,
W. M. Holiday, c. L. Meridsth, Sam
uel S. Spruce and G. B. SpringSton.
Don r.. Hutchinson was named assist
ant treasurer.
Ths Capitol Title Co opened its Of
Ace last October in The Chandler, has
working arrangement with the New
York Title u Mortgage Co, which re-
Gently obtained control Of the WASH
ington concern, but is leaving the man
aRement in the hands of local men.
TIE company reports excellent progress.
The Sale OF stock was discontinued
m June 1. The authorized capital Is
s75o.0o0 per cent cumulative prefer
red stock, par value 800, and $4,000
shares of no par voting common stock
Insurance Officers Installed.
The Great National Insurance Co..
= local corporation, at the organization
Thursday of its new board OF trustees,
elected at its recent annual meeting
of stockholders, installed the following
officers for the ensuing year: President
Joseph A. Burkart; vice president
Spencer B. Curry: vice president
Charles d. Hamel; secretary-treasurer,
Frederick N. Zihlman. and assistant sec
rotary, Daniel G. Davis.
The new board of trustees. elected
July 1. is composed of the above-named
officers and the following: Harry M
A. Goldsmith Chester A. Gwinn. Frank
lin w. Harper, Charles w HYDE. r. H.
3. Lyon. H. L. Schulz, j. E. Smith and
Oscar T. Wright.
The president reported the affairs Of
the company to be in very gratifying
condition
From the time the new United States
paper money is delivered by the mill
until the notes are put into circulation
an estimated gross saving amounting to
almost $1500,0o a year will be derived
from the change in size.
Each note will require one-third less
paper and ink: its shipping weight will
be reduced by onc-third, and so per
cent more notes will be produced by
the same operation. An additional saw
ing. the amount Of which cannot be
definitely estimated, will undoubtedly
he accomplished as a result of the ex-
pected increase in the life Of the small
er note as compared with that Of the
larger one, due to the fact they will be
subjected to less creasing and folding
The demand for currency increases
rs the population increases. In 1917
the Bureau of Engraving and Printing
delivered 25.672 045 sheets of currency
in 1920. 163,86o,74S sheets: In 1925,
227,566.94a sheets, and in 1928. 1885,
S65,23 sheets.
Evans Better Business Chairman.
Joshua Evans, ir executive vice presi-
dent Of the District National Bank, was
Yesterday reelected chairman of the
~
in a meeting held at the National Press
Club. Other officers elected were M. G.
Gibbs, Peoples Drug Store, vice chair
man: r. G. Addison, jr., Savings Il
Commercial Bank, treasurer. and r. B.
H. Lyon, Lyon 6s Lyon, counsel.
Mr.. Evans appointed a merchandise
committee, with Ralph Goldsmith of
LanSburgh & Bro. as chairman. Other
members of the committee are 3. 3.
Burgunder, A. z. Case. Isaac Behrend,
Harry w. Hahn. Sylvan King, H. H.
Levi James Hardey Herman M.
Shapiro. Arthur Sundlum and Sidney
ReiZenstein.
The executive committee was APP
pointed. to consist OF the officers OF the
board and 3. 3. Burgunder, w. G.
Galliher. Sylvan King. Louis Levay,
Howard Moran, H. l.. Rust and Ralph
Goldsmith.
Financial District Notes.
Bertram Chesterman. president Of the
Washington Morris Plan Bank, has left
the city on three weeks trip to Hol-
land. Mr.. Chesterman is very partial
to the sea and says he never takes a
train II he can take boat.
Walter J. Harrison, vice president Of
the Commercial National Bank. is wind
ing up a weeks vacation which he has
been passing in his native State, Viz
ginia.
Thomas w. Brahany, partner in
Crane, Paris q Co., is spending the
week end with group of Washing
tonians at Virginia Beach.
President julius I. Peyser of the Sc
curity Savings & Commercial Bank
plans to accompany his family on .
trip to Europe, sailing the last of this
month.
The Western Maryland Railroad has
asked Interstate Commerce Commission
authority to acquire control of the 312-
mile Chaffee Railroad by lease and pur-
chase Of its entire capital stock Line
extends from Chaffee, Mineral County.
w. Va, to Vindex, Garrett County. Nd