Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-08

posts for every Dank IN the Guy, die
tabulation being prepared by Audley A
p. Savage, auditor OF the National saw
ings & Trust Co.
Leith to Attend Council Meet
IT Hunton Leith, member of the ex-
ecutiye council of the American 1nSti-
tute of Banking, and assistant cashier
of the Security Savings & Commercial
Bank. leaves washington Monday to at
tend the Winter meeting OF the COUNCIL
at Shreveport, La. On his way 70
Louisiana Mr.. Leith will visit the in
stitute chapters in Chicago, st. Louis
and New Orleans
Mr.. Leith is a former president Of
Washington Chapter, has served as
chairman of the educational and many
other committees. This year ne Is
editing the Monthly Bulletin OF the
District Bankers Association and has
an unusual fund Of information about
the people figuring most prominently in
association affairs.
Young People Displaying Thrift
It appears that very high percent
age Of the insurance being written IN
Washington is being placed on the lives
of Young people. Out of S763,00o OF
insurance sold by one producer last
year. the sum Of $624,o0o was placed
on the lives of young men and women
Il years old and under.
Prom my experience in making these
sales to young people, either directly or
through their parents, guardians or
advisers, it Is plain to me that our
young folks are more serious-mindeo
and fardghted than their elders give
them credit for being" this agent says.
''The thrift lesson taught by their adj
visers In urging the early purchase OF
insurance is highly significant"
Federal Company's Directors.
At the annual meeting of the Fed
eral-American Co. held yesterday the
following directors we're elected: Charles
O. Abbot, Byron S. Adams, Lester A.
Barr, Charles D. Boyer, w. F. Brenizer,
Walter A. Brown, Aubrey L. Clarke,
william Knowles Cooper, John Dolph,
William j. Eynon, Charles E. Galliher,
W. O. Galliher, Isaac Cans, Fred s.
Gichner. William F. Ham. George w.
Harris, William A. Hill. Harry King. Will
ton J. Lambert, Ralph w. Lee, Charles
3. Lyddane Arthur D. Marks, John
Poole. Dr. James Brown Scott, Leon
Tobriner George E. Walker, Wilmer j.
Waller and L. Perry West.
Capital Traction Stronger Today.
Capital Traction stock figured In sew
eral small lot sales on the Washington
Stock Exchange today at 40ls and then
closed with q 15-share sale at 40Ia
up u over yesterdays close. During
the past few days many bids at 40 have
been refused and the stock appears to
be showing slightly more strength.
MeTgenthaler Linotype also showed
more strength today. The market opened
with two small lot sales at 81, the same
as yesterdays closing price, and then
moved up TO close at 87A.
FederalAmerican National Bank g.
Trust Co. stock came out again today,
20 shares selling at so, one point under
yesterdays close Potomac Electric
Power 5la per cent preferred sold at
1os34 and the per cent preferred
changed hands at Ill. Peoples Drug
Stores preferred sold at o87s.
Bond trading was confined TO rather
small sales in Washington Gas Light
Issues at recent levels.
Heard In Financial District.
Joseph T. Exnicious, president Of the
Departmental Bank. points with espe-
cial pride TO the record made by his in
stitution since 1925 Total deposits on
December 81. 1925. were $5l5,353I5,
while on the call of December 81. 1880.
they had increased 10 a total of 81 ,259, :
1888, each year in the interim show
ing q gain over the previous year.
President Francis T. Addison, jr., of
the Security Savings e. Commercial
Bank, has been added To the list of
speakers who will address the Board Of
Trade meeting this evening. The other
bankers on the program are John Poole
and Robert v. Fleming Controller
Pole will also speak.
The McCrory Stores Corp reports
sales In December OF 6,7S2,12l, against
$7,293, 1877 in December, 1929, a decrease
Of per cent For the IL months sales
totaled $40, 222, 79S, against 44,706, 206
In 1929, q decrease Of 3.3 per cent
O. C. Murphy Co. for December re-
ports gross sales of $3,170,346 agains,
42,64s, 57i for the same month last year
an increase of 1877 per cent. For the
IL months ended December 1880, sales
totaled SIT, 4ee.022, against s15,728. $50
for the corresponding period last year
an increase Of il.2 per cent