Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-22
M'KEE AGAIN HEAD
OF CLEARING HOUSE
Deyber Also Retained as Sec
retary-0ther Officials
Are Named.
BY EDWARD c. STONE.

chairman OF the Washington Clearing
House Association at the annual meet
ing held late yesterday afternoon.
Victor B. Deyber, president Of the
Second National Bank was again
elected secretary of the association, this
being Mr. Deyber's eighth year in this
position.
Charles E. Bright, assistant cashier
of the National Metropolitan Bank, who
has served the association for many
years as manager, was again placed in
this important Office. and L. E. Moore.
who is also connected with the National
Metropolitan, was chosen assistant
manager.
The Executive Committee consists of
Frank j. Stryker president of the CO.
lunlbia National Bank; G. F. Jacobsen,
cashier of the National Metropolitan;
Robert " Fleming. president of the
Riggs National, and George l.. Starkey,
president of the National Bank of
Washington. The terms of Mr.. Fleming
and Mr.. Starkey expired, both being
Immediately asked to continue in Office.
The usual routine reports were pre-
sehted by Chairman Mckee, Secretary
Deyber and Manager Bright.
Credit Men Elect Officers.
At the annual meeting of Associated
Retail Credit Men of Washington, held
ensuing wear were elected; President,
Martin NJ. Watson, Dulin & Martin Co.;
vice president Charles M. Keefer. s.
Kann Sons Co: secretary and treasurer,
Stephen H Takes; general counsel
Milton w. King.
The following were reelected 10 the
board of directors: Leo Baum, Golden
berg's: Arthur Burt. Arthur Burt Shoe
Co. A. Coonin, William Hahn q Co.;
Charles NJ Keefer. S. Kann Sons CO.;
Albert G.. Keen, Kings Palace; Elsie M.
Lee, Frank r. JellefI, Inc; Harry v.
Ostermayer, Woodward 81 Lothrop;
Herbert j. Rich, B. Rich's Sons; Ben
Stein. GroSner's; Stephen H. Takes, j.
w. Tallentire, the Hecht Co., Martin
M. Watson, Dulin & Martin Co, and
Adolph Weyl, Lansburgh & Bro.
Benjamin Blanken. credit manager
and controller of Charles Schwartz g.
Son, jewelers., was also elected to the
board.
Interest in Bankers Meeting.
Much interest is being manifested in
the Midwinter open meeting of the Dis
trict Bankers Association to be held at
the Willard Hotel next Monday eve
ming when David Friday, economist
and writer, will be the guest speaker.
DR.. Friday is an unusually fine speaker
and will have a good deal to say about
Udllk DIOllbS llllk lllG IOAll42AS
year. The Washington economist Will
also take up several other problems of
special interest to the banking profess
sion.
AS a lighter feature on the program
President NJ. D. Rosenberg of the Bank
of Commerce 81 Savings will give his
impressions Of business and finance in
South America as he observed condi-
tons on his recent trip.
TI7aca NEi6ruir1ter T1aaati1aCC have
come to be a feature in the Bankers
Association program and are drawing
a larger and larger representation each
year. 1t is Just a year ago that DR..
Irving Fisher of Yale addressed local
bankers on THE New York Stock Mar
ket." 1t is hoped that DR. Fridays ad-
dress will not be accompanied by quite
as much market action as punctuated
DR.. Fishers remarks.
ROsslyn Steel Election.
At the annual meeting of the Ross
lyn Steel 81 Cement Co. the following
directors we're elected: P. r. Bailey,
r. A. Drain, G. Emory Galliher c. H.
Galliher W. G. Galliher, W. G. KiesleT,
Arthur j. Linn and Malcolm S. Nc
Connie.
The new board organized Immediate
ly.5electing r. A. Drain president, P. r.
Bailey. vice president; w. G. Galliher,
treasurer, and Arthur J. Linn, Sec
rotary.
Boom in Granite Forecast.
Building activities of the Federal
Government in the next few months
viii boom" the granite quarries in
dustry, J. d. Sargent of Mount Airy,
N. c.. declared at the Hotel Mayf1ower
before the annual convention OF the
National Building Granite Quarries As
ISOLATION Several promotional cam
paigns to arouse the interest Of the
country in granite building construc-
ton are to be furthered at the meet
ing, which will continue through Fri
day. Practically all of the large OPP
orators are present for the convention.
The Association of Paving Con-
tractors, which always meets concur
rently with the gathering OF the
granite operators got under way in
the Mayfiower today. A number Of the
persons here belong to both groups,
as their business interests are similar.
Transacts Business by Plane.
Joseph Sanders. one Of the vice presi-
dents of the Bank Of Commerce g. Saw
ings. took another business trip to New
York yesterday by airplane. He has
taken several such trips and is believed
to be the first local bank officer TO
employ this method Of transportation
regularly in his business. He enjoys
flying and saves lot of time.
The latest reports on operations of
the Chesapeake 81 Ohio Railway for
1880 indicate net earnings Of SAB a
share as against S474 a share in 1929,
computed on the same number OF
shares The earnings Of this road are
showing up better than railroads gen.
orally.
The meeting Of organization of the
Departmental Banks board also oc-
CURED yesterday and resulted in the
reelection of all the following officers
j. T. Exnicios, president: Clyde Reed
f. w. Libbey. C. Z. Mccoy, vice presi-
dents: L. A. Rosafy, secretary; Mrs. M
L. Wallace, r. r. Lizzi, assistant CASH
iers
Directors Of the Washington Loan &
Trust Co. have declared the regular
quarterly dividend Of ? per cent and
an extra dividend Of 3 per cent, both
PAYABLE February TO stockholders Of
record January "a. Books viii be closed
from the twenty-fourth to the second
inclusive
Loews Inc. declared regular quar-
terry dividend of 81 81 = share on the
preferred stock payable February i6 t
stock Of record January 80.
Stonier 10 Address Bankers.
ABOUT on bankers are eApeCJeu az ViA'
Institutes education dinner tonight a
the Shoreham. The speakers viii in
Clude Frank NJ Perley, chapter preSi
dent; Dean Raymond B. Dickey, J. Free
English. membership chairman; Waltor
5snderson, chief counsel: DR.. Georg'
Farnham. instructor in debate, and DR.
Harold Stonier. national educationa
director Aubrey Dooley, educationa
chairman, Will preside.
Slump in Local Insurance.
New insurance written in the Dis
trict OF Columbia in December showed