Evening star., 1930-06-15
LONSDALE TO TALK
AT CONVENTION OF
VIRGINIA BANKERS
President of A. B. A. Will
Be Chief Speaker at 37th
Annual Gathering.
OTHER FINANCE LEADERS
ARE ON 3-DAY PROGRAM
Woodridge-Langdon Bank Declares
Dividend and Raises En-
ployes' Salaries.
BY EDWARD C. STONE.

1t was announced yesterday that John
q. Lonsdale of ST. Louis, president of
the American Bankers Association.
N VII De one OF the principal speakers at
the Ihlrty-Seventh annual convention
OF the Virginia Bankers Association. at
HOT Sprinks, June &c, 81 and %.
Mr.. Lonsdale, who is president Of
the Mercantile-C Commerce Bank &,
trust Co. of st. Louis, will be the chief
speaker on the program the first day
OF the convention. His subject has
not been announced. Between 400 and
300 bankers are expected to attend the
gathering.
Ronald Ransom, vice president of
Fulton National Bank, Atlanta, viii fol-
low Mr.. Lonsdale on the speaking pro-
gram on June 26, his subject being
The Development of Trust Business
In Southern Banks"
Speakers during the second days
business meeting will be Eugene R.
Black, governor of the Federal Reserve
Bank of Atlanta, on The Southern
Banker" and the Rabbi E. N. CalIish
of Beth Ahabah Synagogue, Richmond,
on THE Money Changers"
On the final day of the convention,
the bankers are to be addressed by
Thomas w. Ozlin of Kenbridge, former
speaker of the Virginia House of Dele
gates, and Eric England, assistant chief
of Bureau of Agricultural Economics,
United States Department of Agricul-
ture. Mr.. Ozlin's topic is THE
England will read a paper outlining
THE Farmers Position in Our Tax
System"
c. S. Carter of Bristol, president Of
Virginia Bankers Association, will be
toaStmaster at the annual convention
banquet on June 81. The banquet ad-
dress will be delivered by DR.. Stanley
L. Krebs, president of the Institute OF
Mercantile Art, New York City.
The Virginia bankers are to be con-
graduated on getting the head OF the
American Bankers Association to ad-
dress them. It looks as If they had
the edge on the Washington fnanciers
who were content with former pres1-
dent of the American Bankers Asso-
ciation, Oscar Wells. However. Mr..
Wells made a splendid address and Is
an equally good after dinner speaker.
Dividend Voted; Salaries Raised.
The directors of the woodbridge Lang
don Savings and Commercial Bank have
declared the usual semi-annual d1v1-
dend Of per cent plus an extra divi-
dend of per cent, payable on July
Is to all stockholders Of record on June
80.
At the same time substantial increases
IN salary were voted to the banks per-
sonnel.
A. S. Henderson is president of the
bank, z. L. Norris, vice president and
cashier; Schuyler S. Symons, vice presi-
dent; T. S. Mallon, assistant cashier,
and Robert S. Campbell, secretary.
Auditors Plan for Election.
The auditors section of the District of
Columbia Bankers Association will meet
next Thursday evening at Olney Inn for
the annual meeting which includes the
election of an executive council for the
coming year. This council in turn elects
the chairman of the section and other
officers.
Raymond @. Marx is chairman now
and Arthur j. Linn, secretary. The re-
port submitted at the Asheville conven-
ton showed that the division had been
very active during the year and taken
up many matters Of vital interest to
auditors and other bank accountants.
New Treasury Bonds Allotted.
Announcement Of the allotting Of the
new Treasury certificates of indebted
ness, by Secretary Mellon, also showed
that the subscriptions totaled $685.
7e2. 900.
The total amount allotted, S429,373,-
600. of which S148 936 900 represented
allotments on subscriptions for other
Treasury certificates of Indebtedness,
were rendered in payment.
The Federal Reserve Bank Of Rich
rnond received subscriptions amounting
TO $74,155,500 and was allotted
e2o,S4e 900.