Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-12-14
FIRST SALES NOTED
IN NEW BANK STOCK
ON D. C! EXCHANGE
FederaI-American Issue Sells
at $50 Per Share During
Saturday Trading.
TWO COMMITTEE HEADS
NAMED FOR CONVENTION
Gchreiner and Exnicios to Serve
Observation-Disclosures National
Votes Dividend.
BY EDWARD c. STONE.


eral-American National Bank & Trust
Co. stock were recorded on the Wash
1ngton Stock Exchange yesterday, fol-
lowing Fridays listing This stock
takes the place of the old Federal
American and the old Merchants Bank
& Trust Co. stock, has a par value
of $40 per share, and figured in a
50-share turnover at $50. 1t closed
ut $50 bid and 500 asked.
Capital Traction sold ex-dividend
yesterday in two very small lots at
Az, new low, and closed at As, also
on a small-lot sale. The stock is now
selling without the regular quarterly
dividend of 81 per share which was
declared few days ago. Other sales
in local issues were about equally divi-
ded between stocks and bonds and were
as follows:
Capital Traction 5s-$2,0O0 at IS.
Capital Traction Cos at Az, 5 at
AL
Norfolk & Washington Steamboat Co.
Potomac Electric SO pfd-5 at 1904,
5 at 110%.
Potomac Electric 51a%o pfd.-1o at lot,
7 at lot.
Federal-American National Bank g.
Trust Colo at So, 40 at So
American Security & Trust Col at
$50, l at $50.
District National Bank-1oO at 215, so
at 2l5.
Washington Gas 5s-$1, 900 at 1921.
Georgetown Gas SSH 600 at 1929.
Columbia Country Club 51zs-$2,Oo0 at
lOOA
Washington Rwy. & Electric 4s-s2,oOO
at 8752
Columbia Country Club 5As-s1 900 at
l00iz
Capital Traction Co-1O at As.
Chaplin Sacks go pfd.-10 at LOG, 10 at
LOG, 5 at LOG.
Schreiner Hotel Chairman.
Luther z. Schreiner, vice president
of the Federa1-American National Bank
g. Trust Co, has been appointed chair
man of the Hotel Committee for the
next District Bankers Association Con-
vention, according to announcement by
Frederick P. H. Siddons, general chair
man. At the same time appointment
was announced by j. T Exnicious, preSi-
dent Of the Departmental Bank, as vice
chairman Of the Hotel Committee.
Mr.. Schreiner was born in Washing
ton in 1883 and attended the public
and high schools here. He started his
banking career with the Home Savings
Bank. which opened the first branch
bank IN the city. He was the first man
ager Of the Northeast Branch of the
American Security & Trust Co., joining
the Merchants Bank g. Trust Co. in
and manager OF the Dupont Branch
following the recent observation-disclosures
merger.
Mr.. Schreiner has served the local
bankers association as chairman Of the
Publicity Committee and vice chairman
Of the Protective Committee. He was
Chairman Of the Convention Hotel
Committee last year, of the same COM
mittee in 1927, and chairman of the
Sports Committee in 1928. He also
served two years as a member of the
Entertainment Committee. Incidentally,
he is a member of the Congressional
Country Club.
With Local Bank Since 1921.
Joseph T. ExnicioS, the vice chair
man, has been with the Departmental
Bank since 1921. He is native Of New
Orleans, but came here when a young
ster and attended the public and high
the local banking field he held Gov
eminent position. Mr.. ESnicios Is also
member Of the Congressional Country
Club.
He has already served on many of
the Bankers Associations standing COM
nlittees. This year he is vice president
for the District of Columbia of the
State Bank Division of the American
Bankers Association, having been elected
to the same office at the convention two
years ago.
In other years he served on the
standing committees on Standard Bank
ing Forms, Publicity and Press, Com
mercial Trade Activities, and the Pro-
tective Committee. In connection with
previous conventions, Mr.. EXnicious has
been a member of the Transportatio
Hotel, Program and Entertainment
Committees.
Rowland With r. c. Jones G. Co.
Announcement is made today that
John Roche Rowland has become Secre-
tary-treasurer of Robert c. Jones & Co.
Inc, investment bankers, in the Invest
ment Building. Mr.. Rowland, who is a
graduate of the Naval Academy, is a
native Of Chicago and the grandson
Of former Mayor John A. Roche of that
city. After early training with the
Illinois Merchants Trust Co. of Chicago
he was sales manager for L. L. Davis
Co., and came here recently as Wash
1ngton manager of G. L. Ohrstrom &
Co. He is a member of the University
Club and has a Summer home al
Kennebunkport, Me.
Keller with Fenner e. Beane.
Paul D. Keller, VINO has been in thu
brokerage business here for many years
has joined the staff of Fenner g. B -ane
With the exception of years in New
York, when he was connected with thu
firm that Is now Dillon, Read g. Co., h
has always worked in Washington
Formerly associated with Hambleton &
Co., he was IN the local Office of Primes
g. Whitley when that firms failure wa.
announced In New York Mr.. Keller 4
a native Of West Virginia and As year
old.
In and Out Of the Local Banks.
Directors of the District Nationa
Bank have declared the regular quar-
terly dividend of 2 per cent, payabl
January / to stockholders of recort
December %. The usual Christina
. bonus for all employees has also beef
voted
washington Chapter, American Insti
tute Of Banking, viii have a Christina
party next Thursday evening at tn
rooms In the Becker Building. Their
will be dancing and miniature golf o.
the course on the second floor. Mis-
Mildred c. Woodcock is chairman c
the women's Committee which is i
charge of the party. j. E. McGeary
golf chairman.
Robert " Fleming, T. Hunton Leitf
I. j. Roberts and James A. Soper wi
- attend philadelDhia ChaDters Christ