Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18


Kept fully up with the procession, unit
few cities in the country offer any NOR
complete facilities.
:, Keech Firm in New Offices.
r. B. Keech &. Co opened their new
offices in the Metropolitan Club Build
ing at Seventeenth and H streets to tn
public this morning after alteration
mad been in progress for several weeks
The Washington Office is in charge 0
George A. Garrett. resident partner.
The Offices take the entire Seven
zenith street side of the ground floor o
he building and have been finished il
IN extremely attractive manner. TIL
'>oard room is spacious and has splendid
ligl1t and ventilation. The stock boar
Is one of the largest in the city, tn
translux being directly above the cente
CT it. On the right of the boardroon
ere the bookkeepers, cashiers and oper'
ators, and there are many convenien
telephones and order tables for use o
customers.
Back of the boardroom is anothe
room of equal size for the use of Gus
toners who wish to sit in Seclusion a
desks provided with separate tickers
The bond and investment department!
ere located in this part of the Offices
In the large bay window on the Seven
tenth street side is located the com
r1odities department which is to b.
made a special feature of the service.
Members of the firm are: Col. Franz
B. Keech. Richard l.. Morriss, Charlie!
West. Charles Reed George A. Gar.
rett Thomas Miller, John E. May, Har.
cid Strotz. Ray Sackett, William Starr
Edwin Cain, George RuSshon and Johr
T<earns. with l. Chauncey McKeever anc
Harry Sackett, special partners.
The Offices were very busy today al
he finishing touches were being added
--hile business was in progress at the
same time. The entrance is being con.
yfructed in Georgia marble and was
rot quite completed when the tickers
ssarted today. The firm will continue
is Office in the Carlton Hotel, which
Z in charge of William Morrow. In
addition to the New York service. Keech
las membership on the Washington
Stock Exchange and host of others.
Harriss & vose Open Doors.
Harriss & vose, New York Stock Elk.
change members. opened the doors OF
i.aeir new Washington offices today al
"97 Fifteenth street, in the Southern
Tuilding. The local Offices are in charge
Il McElroy Moss and E. Jackson Enrich
both well known in the local financia
district. The new Offices are most con
Teniently arranged and handsomel,
decorated. Back of spacious entrance
ire two conference rooms for customer,
md just in the rear of these is tn,
lscardroom, comfortably and con.
yeniently arranged and having the
usual translux quotation service
Next to the boardroom are Offices fol
the staff, and in the rear of these is
lscated a boardroom exclusively fol
Somen customers. The firm has had a
special department for women in New
FORK for years and decided to. have the
chme arrangement here. The manager
u Miss Rosalie H. Dill. This room hac
;s,ecial floral touches today, which made
Il most attractive.
One of the local managers, McElroy
Moss, is son of Judge Mckenzie Moss
Of the United States Court of Claim,
and formerly First Assistant Secretary
df the Treasury under Secretary Mellon
EIe has been with Eastman, Dillon &
Co., for some years, and came here from
Chicago, where he was with E. H. Rol
Fms g. Sons. Mr. Enrich has been with
q. M. P. Murphy g. Co. for the pas
two years. is a member of the Wash
iirgton Stock Exchange and formel
treasurer Of the Merchants Bank
Trust Co.
Richard T. Harris, head of the firm
was here for the opening. He is a. for
nfer president of the New York Cottor
Exchange, the company being one o
The largest cotton exchange houses II
The country. Charles Clarendon, heat
Of the company's securities department
also came over from New York for tn,
opening Both these men believe Wash
ington offers an excellent opportunit.
for new business, and we're heartily vel
coined in the financial district today.
Washington Stocks Steady.
Capital Traction led quiet trading OF
the Washington Stock Exchange toda,
r'fen it opened ex-dividehd. at 993.
en- 60-share turnover. and closed witt
six shares selling at $685. Forty share
IF Potomac Electric. Power 512 per cen
preferred came out at 10834, while o
shares of Railway & Electric preferret
moved at 90.
Mergenthaler Linotype opened a
107l2 and closed at i0714. Chestnu
Farms Dairy preferred sold at ITO, an
Commercial National Co. preferred a
104 on small transfer Riggs Nationa
Bank stock sold to the extent of 2
shares at 573 and 10 shares of Uniol
Trust appeared on the board at 351.
In the bond division Gas IS. serie
3 baby bonds, sold at 1882 and the
bonds at 1924, Chestnut Farms Dair
Gl2s moved at 1865.
Interest Stops on Dairy Stock.
Holders of Chestnut Farms Dairy
per cent preferred stock should bear il
mind that this stock was called 70
redemption on March IS and is n
longer paying any interest. The stoc
is being redeemed at the Office of Crane
Paris g. Co. at 10 and accrued inter
est. These shares were widely dis
tributed and it was learned today tina
many of them have not been presente
for redemption. Like called Libert
bonds, much of this preferred stock
likely to be carried for some time b
holders who suppose they are still get
ting interest.
The stock is being redeemed in cor
nection with the Chestnut Farms Dair
merger with National Dairy Product
Inc. The local common stock may /
transferred on April for one share {
National Dairy Products stock, sellin
around l31, and one National Daii
bond, now quoted around 9414 Ches
nut Farms common is quoted aroun
223.
Heard in Financial District.
Francis H. Sisson, vice president
the Guaranty Trust Co. of New Yor
is making a special trip to Washingtt
TO address the Washington Advertiser
Club, Washington Bond Club and Di
trict Bankers Association at the N
tional Press Club tomorrow noon
1890 He will speak on THE Busine
Outlook" He is considered one of {
most prominent speakers the Advert
ing Club ever secured
Several local bankers are planning
attend the regional savings conferer
at the Commodore Hotel in New Yo
March 81 and % under the auspit
of the A. B. A.