Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-07-09

..
ner manager OF E&1aG n ~
the Dupont Branch George O, Vass,
of the Merchants
Bank & Trust Co., has been named
publicity chairman.
Eliot H. Thomson, Washington Loan
g. Trust Co., again heads the advertis-
ing committee. of which he has been
chairman for several years.
Lanier P. McLachlen, president. Of
the McLachlen Banking Corporation,
takes the position as chairman OF
the Treasury relation committee.
Aubrey o. Dooley, assistant trust ON
Ger of the Federal-American National
Bank, has been placed in charge of the
Monthly Bulletin, it being the inten-
ton to expand this publication con-
siderably during the year.
Edison B. Olds, treasurer Of the Union
Trust Co, has been appointed chair
man of the auditing committee, taking
the place Of Edward l.. Hillyer, vice
president of the same bank. who headed
the committee last year.
There are few other appointments
vet to be made. and the full committee
will be completed soon. 1t is the aim
of Mr.. Waller to get all the committees
formed before the vacation season, 20
that the work can be started off in the
Fall without any delay. This policy was
adopted last year by Mr.. Fleming and
proved most successful.
Mr.. Vass was chairman of the pub
licity committee last, year, and has
served on many other association COM
mittees. Mr.. Mckee is nearly always
to be found on some important commit
tee and Mr.. Thomson has performed
brilliant service for the association as
head of the advertising committee,
which has included in its work the
handling of the Christmas savings
clubs.
Mr.. Schreiner was chairman of the
convention hotel committee one year.
also took charge of the sports and did
other committee work. Mr.. Dooley's
work with Dollars and Sense makes
him particularly fitted to oversee the
Bulletin.
Prices Steady on d. C. Exchange.
Fifteen shares of National Bank of
Washington stock sold at 306 on the
local stock exchange today and small
lot of American Security & Trust NOV
ed at 452. Prices on utility and other
issues remained about where they left
off yesterday. Ninety-one shares Of
Washington Mechanics Mortgage COM
mon came out at II.
There was special activity in Real
Estate 81 Mortgage preferred, 400 shares
changing hands at IA. Bonds were in
, fair demand in good-sized blocks at
recent levels. The market as whole
was quiet.
Riggs Names Branch Assistants.
Two new assistant managers have
been appointed by the Riggs National
Bank, the board of directors announced
yesterday afternoon.
Louis E. Jeffries has been appointed
assistant manager at the Dupont Circle
office, He has been note teller at that
branch for some time. He first entered
Riggs service in 1918. but was for some
time out of the employ Of the firm.
Joseph A. Keene, note teller at the
Park road Office, has been appointed
assistant manager of the same branch
He entered the firm in 1919.
Increased business at the two
branches was given as the reason for
the changes in the organization by the
Ralph r. De PREF is manager Of the
Dupont Circle branch and Carl r.
Donch Of the Park road branch.
Insurance Directors Elected.
At the annual meeting of the stock
holders Of the National Union Fire In
surance Co. of Washington, chartered
by special act of United States Con-
gress in 1865, held yesterday, the fol-
Charles r. Brown Floyd E. Davis,
Albert F. Fox, Charles E. Galliher,
Holcombe G. Johnson, j. Leo Kolb,
John B. Larrer, Walter S. Pratt, jr.;
B. F. Saul and John c. Weldon. The
board organized with the selection OF
the following officers: A. F. Fox, preSl-
dent; B. F. Saul and John B. Larner,
vice presidents; william H. Somervell,
secretary, and William H. Marbury, as
sistant secretary.
A. F. Fox, the president, has served
continuously in that capacity since
1902 after having served as vice presi-
elected vice president to fill the vacancy
created by the recent death of w T.
Galliher.
Notes in Financial District.
The Second National Bank made a
gain in deposits between the call of
March 81 and June 20 of $243, 908.24,
instead of lower figure printed by
error in yesterdays tabulation. Only
four national banks in the city re-
ported increases. The substantial adj
vance scored by the Second National
placed it in this coveted list. The
banks June 20 deposits were $685.
48809.
The District of Columbia Bankers
<ASSOC1dIlOIl WILL 1lOlu u Special HSGLllR
this afternoon at o'clock at head
quarters in the Becker Building.
Howard Moran, vice president Of the
American Security & Trust Co., and
william l.. Father, assistant secretary
Of the same company, are away on va
cations.
John Paul Earnest, president of the
Capital Title & Guarantee Co., is sail
ing for Europe on July 81. He will be
accompanied on his vacation trip by
Frank E. Cunningham, clerk of the
District of Columbia Supreme Court.
Daniel r. CrisSinger, chairman of the
executive committee of the r. H. Smith
Co., is on business trip in the Middle
West.
Prices Of commodities advanced nine
tenths of / per cent during the week
ended July 6, according to the whole
sale price index of the National Fer
tilizer Association. Advances occurred
in 80 items and declines in only IS
The large advances occurred in wheat,
hogs, cattle, certain foods and leather
Material declines occurred in fats and
cotton.
Penney Co. Sales.
NEW YORK, July 9 [P).-Gross sales
. of the J. c., Penney Co. Tor June