Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-21
Officers and Directors Reelected.

Officers and Directors Reelected.
The officers and directors of the Mer-
yenthaler Co. were all reelected. They
include: Norman Dodge, president; Jo-
seph T. Mackey, executive vice presi-
dent: Frederic D. McKenny, vice pres
ident and general counsel; Conrad A.
Hanson, vice president in charge OF
works: Thomas j. Mercer, vice president
in charge of audits; William G. A. Ma
guire, vice president in charge OF sales;
George l.. Scharffe nberger, treasurer;
william Wallace Welsh, secretary; John
w. Reid, assistant treasurer and assist
ant secretary, and Edward A. Reynolds,
assistant treasurer and assistant secre-
tary
The board of directors is made up
of Albert H. Sawyer, Ogden L. Mills,
Norman Dodge, Ogden M. Reid, Fred
eric D. McKenney and Edward j. Nc
ford Pollen, Joseph T. Mackey and
Roy c. Gasser.
AS announced in The Star on Tues
day the Mergenthaler directors on that
date declared a regular dividend OF
$3.50 per share, placed the stock on
a Sc basis instead of SIS basis. They
also voted an extra dividend Of Is
cents per share, both being payable
December 81 to stockholders OF record
on December 4.
Mergenthaler stock is widely held
in Washington, It is listed on the
Washington Stock Exchange, recently
selling around 1929. 1t is also listed
on the Boston Stock Exchange. An
unusually good annual report has
recently. been predicted and the figures
now presented show it is fully up to
expectations.
Local Securities Active Today.
The largest transaction in lively trad
ing on the Washington Stock Exchange
today was the sale of 100 shares of
Commercial National Bank stock at 258,
the same quotation that has prevailed
In this issue for some time.
Capital Traction made fractional
new low. Two 10-share lots sold today
at 7434, but the stock closed with two
5-share lots selling at u.s. Several sales
were recorded in Potomac Electric
Power per cent preferred at 100. The
same corporations 5la per cent pre-
ferred figured in a 4S-share turnover at
prices ranging from 10312 to 104 at
the close.
Washington Railway &c Electric pre-
ferred figured in 98-share turnover
at ~, unchanged from the last sale
FedeGal-American Co. common opened
at IS and closed at 3412. There were
small sales in Lanston Monotype at 1903
and ITO and in Mergenthaler at 1929
One hundred shares of National
Mortgage & Investment preferred sold
at 37s and 100 shares of Real Estate
Mortgage 81 Guaranty preferred
changed hands at ia.
In the bond division Washington Gas
issues, Capital Traction SIS and Potomac
Electric Power IS took the lead, selling
around recent levels. 1t was voted to
close the Exchange Saturday in con-
formity with New York.
Heard in Financial District.
Officers of the Security Club connect
ed with the American Security g. Trust
Co, were installed at a special meeting
held at the Willard Tuesday evening.
The officers taking charge of the club
for the coming year include Henry F.
Kimball, president: William H. French,
first vice president; Miss Frances Car
rick, second vice president; Miss Clara
Gainor, treasurer, and Miss Mary Krog-
mann, secretary The board of gov
errors is made up of the officers and
Raymond d. Lewis, Miss Mae G. Cor
don, King Irwin and William B. Davis
The American Stores Co., which has
20 stores in this city. has opened 9 new
stores in Altoona, Pa, the first time
the company has entered that city.
The Federal Reserve Board reports
that the Boston Federal Reserve Bank
has reduced the rediscount rate to Az
per cent from per cent.
The Chesapeake e. Ohio Railway has
declared the regular quarterly dividend
of $3.50 on common stock, payable
January 6 to stockholders Of record
January !.
The monthly meeting of the auditors
section of the District Bankers AsSo-
citation has been omitted, as the session
would come on Thanksgiving night.