Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-23

tensions IN the DIS n
trict, Metropolitan
and National and M
West central ONCE
areas to connect Merle Thorpe.
with q new long
distance cable to be installed between
Washington and Richmond.
Also included in the appropriation is
the routine estimate for the fourth
quarter Of the year. Under this project
additional pole lines, wire, underground
conduit and cable, aerial cable, switch
board and central office equipment and
telephones and associated apparatus
will be placed in every section Of the
District.
Bank Officers Reelected.
The recent annual meeting of Wood
ridge-Langdon Savings & Commercial
Bank resulted In reelection of the fol-
lowing officers: A. S. Henderson, presi-
dent; E. L. Norris, vice president and
cashier; S. S. Symons, vice president;
T. s. Mallon, jr., assistant cashier; r. S.
Campbell, secretary.
Directors reelected were: II. P. Bald
win, j. P. Benfer, r. John Boehs, M. o.
Bull, r. S. Campbell, G. NJ. CLANCY, G.
y. Edwards, Ora E. Haines, j. H. Har-
wood, A. s. Henderson, j. B. Higdon, j.
L. Knopp, T. S. Mallon, Eppa L. Nor
ris, W. S. PLACER. w. B. Putnam, John
3. Rubino. S. s. Symons, Kenneth Vieth
Thorpe to Address Financiers.
Merle Thorpe. editor of the Nations
Business, will be one of the outstanding
speakers at the convention of the Amer
lean Association Of Personal Finance
Companies, which will get down to
business tomorrow morning at the
United States Chamber of Commerce.
The national headquarters of the or
ganization are located here, being in
the Tower Building. Mr.. Thorpe keeps
In very close touch with business con-
ditions all over the country and always
has something well worth hearing. He
Is q director in the National Metropoli-
tan Bank Of this city.
Institute Registration High.
Registration for classwork In WASH
tngton Chapter, American Institute of
Banking. is going on at q lively pace.
It Is hoped that last years enrolment
Of $50 students viii be exceeded, but
It is realized that this is hard mark
70 pass.
The members Of the faculty this year
are Raymond 3. Dickey, Eliot H. Thorn
son, =. Joseph Donohue, Bolitha j.
Laws, Edward j. McQuade, James d.
Cushman, william @. Buchanan, James
G. Dulin, Theodore coggswell. Harold
w. Burnside George Farnham and Mrs.
Anna Tillery Renshaw.
Safe Deposit Section Active.
The first meeting Of the safe deposit
section Of the District of Columbia
Bankers Association for the new adj
ministrative year will be held Thurs
day afternoon at 4:30 o'clock at ASSOC
ciation headquarters in the Becker
Building
F. H. Cox. cashier Commercial Ma
tional Bank, is chairman of the Sec
ton; Joseph d. Yerkes, assistant cashier
Federal-American National Bank a.
Trust Co., vice chairman, and Hans w.
ireland, assistant treasurer American Sc
eurity & Trust Co., secretary treasurer.
TOday's Trading on Exchange.
Trading on the Washington Stock
Exchange today opened with Washing
ton Gas bonds, series B, selling at
1851. Washington Railway & Electric
fer.
The first stock sale was in CAPITAL
Traction, which again sold ex dividend
at so for 10-share lot. Potomac Elec-
tric Power 6 per cent preferred reg.
istered Ill and IS shares Of Railway &
Electric preferred at 90.
Mergenthaler Linotype, which Is now
selling ex dividend, opened at 06 and
closed at o51z on a 3o-share turnover
Fifty shares of National Union Fire
Insurance Co. came out at %. The
only bank stock appearing on the,
board today was Union Trust Co., eight
shares selling at $50.
Commercial National Bank stock is
now being quoted ex dividend, also
Columbia Sand 81 Gravel, Merchants
Transfer & Storage preferred and
woodward q Lothrop preferred.
Heard IN Financial District.
The annual meeting Of the Bank of
Commerce & Savings will take place
Thursday forenoon at Alexandria, Va,
the local institution holding Vir-
gtnia charter
Vice President Albert s. Gateley, of
the Lincoln National Bank, has been
back at his desk several days, following
an operation and a reeuperating visit
at Ocean City Md. Mr.. Galley is
greatly improved in health.
John d. Leonard, vice president of
the Washington Savings Bank, is on a
vacation at Frederick, Md He is ex-
pected to return about October l.
Samuel M. Thrift, cashier of the
Franklin National Bank, Is making a
three-week automobile tour Of the North
which will take him through Maine
and into Canada.
James C. Dulin, jr., assistant treas
urer, American Security 81 Trust Co.,
has returned from his vacation spent
in Kentucky, Tennessee and Virginia.
The quarterly preferred dividend of
el.75 share on the preferred stock
of the Merchants Transfer g. Storage
Co, was declared yesterday. Books
will be closed for transfer from Sep
TENDER % TO October l, both dates
inclusive.
M. d. Rosenberg. president of the
Bank Of Commerce q Savings, has re-
turned from an extended trip to South
America.
President Floyd Z. Davis, OF the Lin
coin National Bank, Is passing a few
days In his old home in Montross. Va