Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-17
BANKERS TO LEAVE.
FOR CONVENTION
More Than 200 B. C. Finan-
ciers win Depart To-
night.
BY EDWARD C. STONE.


and their guests will leave from Union
station at $50 O'Clock this evening
aboard a special Pullman train for the
annual convention at the Homestead,
Hot Springs, Va, the sessions opening
tomorrow and ending Saturday, with
the delegates returning to the Capital
on Monday morning. Many are also
going by motor.
One disseminate change has been an
bounced In the program, according 10
General Chairman F. P. H. Slodons'
Rome G. Stephenson, president OF the
American Bankers Association, VINO
had planned for several weeks to attend
The conclave, found 1t would be tmpros-
kible to be present His place on the
program will be taken by w. ESpey
Albie, deputy manager Of the savings
bank division of the A. B. A. He has
already addressed District of Columbia
conventions and is an excellent speaker.
Several additions have been made to
the list of delegates and guests who VIII
attend the meeting. among them being:
C. F.. Burton, Washington Mechanics
Savings Bank; Mrs. David Bornet, Ma
kional Savings & Trust Co.; Mr.. and
Mrs. j. F. M Bowie, Federal-American
Bank; E. S. Burgess. North Capitol
Savings Bank: r. A. BrodeSser. Mr.. and
Mrs. Harry F. Clark, Riggs National;
Joshua Evans, jr, District National;
John A. Eckert, North Capitol Savings
Bank: w. w. Georges, Federal-Ameri-
ran Bank g. Trust Co.; Mr.. and Mrs.
E. c. Graham; Garland H. Hayes,
BANKERS Co. of N. Y; E. l.. Huffman;
Robert z. Mann, Park Savings Bank;
Mrs. John Newbold: Mr.. and Mrs. Her
bert T. Shannon: Nathan B. Scott, II,
Monumental National; Mr.. and Mrs
NR. D. Schreiner, Bank of Brightwood;
Garter e. Talman, American Bank d
Trust Co., Richmond; Samuel M. Thrift,
Franklin National; Mrs. George o. Vass,
Riggs National; Mr.. and Mrs. Oscar
a. Thorup, and F. P. Williams, North
Capitol Savings Bank.
Merchants Transfer Election.
At the annual meeting of the stock
holders of the Merchants Transfer d
Storage Co., held late yesterday, all the
officers and directors of the local corpo-
ration were reelected. They are:
John L. Newbold, jr., president; VIII
dam j. Eynon, chairman of the board;
Ben L. Prince, first vice president;
e. B. Buck, second vice president and
secretary; David P. Smith, third vice
president: F. G. MacAloon, treasurer;
l.. B. Doggett, assistant secretary.
Directors are G. Thomas Dunlop, Will
liam j. Eynon, William F. Ham, Flem-
bng Newbold, John L. Newbold, jr.; Ben
h. Prince, David P. Smith, Leon
Tobriner, Donald Woodward and c. B.
Buck.
The directors declared the regular
auarterly dividend of SITS on the pre-
ferred stock and the semi-annual divi-
dend Of $3.50 on the common, payable
Books are to be closed from June % to
AIllv both dates inclusive,
President Newbold said, in view OF
business conditions, the board was
pleased at the substantial increase in
earnings for the first five months OF
1891 as compared with that period in
1880. The improvement not only
speaks we'll for the company, but also
for present business in the community,
be told the directors.
Accountants Elect Onicers.
Thelannual meeting of the District Of
columbia Institute of Certified Public
accountants was held Tuesday at the
United States Chamber of Commerce,
the following as its officers and mem
bers of the board being elected for the
ensuing year: James B. Grice, presi-
dent; Oscar ]. Bernstein, vice presi-
Dent: Wayne Kendrick, secretary-treas-
lrer; board of governors, Harold c.
Anderson, oscar j. Bernstein, Dwight
". Burnham. James B. Grice, Wayne
Kendrick, Arthur j. Linn, Harold S.
Roberts.
The retiring president announced
that the institute has, through its
board of governors contributed to the
Greater National Capital Committee
fund 500 in the movement OF this
committee for the betterment of the
community.
At the conclusion of the business ses-
eion, the members present motored to
Wayne Hendricks farm in Virginia,
where all participated in an evening Of
feast and fun.
Johnston Joins Investment Firm.
Robert c. Jones & Co., investment
bankers, with Offices in the Shoreham
Building, announced today that Robert
q. Johnston has become associated with
their organization.
Mr.. Johnston is we'll known in finan-
cial circles here, having formerly been
local manager for Samuel McCreery Co.,
members Of the New York Stock Ex-
change.
Regular and Extra Voted.
The board Of directors of the Amer
lean Security g. Trust Co. has declared
the regular quarterly dividend OF 8 per
cent and an extra dividend of l per
cent, payable July 10 to stockholders Of
record June 80.
Directors of the Prudential Building
Association, 1881 G street northwest,
have declared a dividend at the rate of
8 per cent per annum on all pass
book payments Of record on June S,
193l, Secretary E. J. Carlson announces.
z. A. Pierce & Co., through the Wash
angton Office, are distributing special
analysis of sales of 81 chain store and
mail order companies for May and the
fArst five n1nnthS of 1o2I