Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-12

il
Winston-salem, N. C.............:-2
Other cities. Observation-Disclosures 90
United States, Ss7 Stores esc.'.......... 20
State figures
west Virginia. Is
'The Carolinas. ................... So
"The CaroIinas contain nearly half of the
reporting stores, but most of them are small
Establishments, and combined sales in those
states Sta represent only, about per cent Of
Percentage changes for January, 1881.
reported by other reserve districts were
as follows: Boston, 3 per cent; New
York, % per cent; Philadelphia, III
per cent; Cleveland, 10 per cent: At
lanta, IS per cent; Chicago, IS per
cent; st. Louis, -6 per cent; Mime
apolis, 2 per cent; Kansas City, %
per cent; Dallas, 3 per cent; San
Francisco, g per cent; United States,
u per cent.
Bank Presidents Anniversary.
George w. White, who completed %
Metropolitan Bank in January, received
hearty congratulations from his close
friends yesterday on the occasion of his
birthday. Mr.. White became connected
with the institution In 1885, leaving the
bank in 1904 to help organize the Com
mercial National and become vice
president and cashier. He remained
with the Commercial until elected
president Of the National Metropolitan.
Mr.. White was born in Washington,
educated in the public schools here
and took the degree of LII. D. at Villa
nova. Starting at the bottom in the
banking field, he worked his way
through every important department
to the top of the profession. At the
same time he has had a host of other
varied and important interests. He is
president Of the Potomac Insurance
Co, treasurer American Peace Society,
director Lanston Montoype Co., and
Park Savings Bank, treasurer Amer
lean Automobile Association.
Mr.. White is member Of the New
York Avenue Presbyterian Church,
Emergency Hospital board, Chevy
Chase, Columbia, Army and Navy, Cos
mos, University, Metropolitan and sew
eral other clubs, including the Repub-
lcan Of New York. The bank in which
he is the guiding spirit is lit years
old, having been founded in 1914.
National Dairy's Net Higher.
Thomas H. McInnerney, president Of
National Dairy Products Corporation,
says that net income of National Dairy
Tor year ended December 81, 1880, will
be slightly higher than for 1929, with
sales around 100000, 900, against about
$500, 900 in 1929. Inventory at the
end Of 1880 will stand at around $685.
100000, against $13,000,000 at the end
OF 1929, due to inventory taken over
With the acquisition of Kraft-Phenix
Cheese Co. Business of the company
last year in England and Australia was
good, he said. The cheese business was
good in England and France
VIII Hear Advertising Talk.
A number Of Washington bankers win
attend a luncheon to be given by the
Baltimore Trust Co. in Baltimore next
Saturday. The guest of honor will be
F. r. herman, vice president of Trans
America Corporation and president Of
the Financial Advertisers Association.
Among the Washington bankers ex-
pected to attend the luncheon are: John
Poole, president of the Federal-American
National Bank g. Trust Co.; Edward
j. McQuade, vice president of the
Liberty National Bank; Bertram
Chesterman, president of the Morris
Plan Bank of Washington; B. Agee
Bowles, vice president of the Potomac
Savings Bank; Nelson B. O'Neill, man
Eliot H. Thompson, Washington Loan
& Trust Co., and Robert L. Father,
American Security & Trust Co.
Don Knowlton, publicity manager Of
the Union Trust Co. Of Cleveland, will
deliver the principal address on what
Banks VIII Have to Sell in 1881"
Heard in Financial District.
j. Frank White, cashier of the Ma
tional Bank of Washington, is back at
his desk after six weeks confinement at
his home with a broken arm. Mr..
White slipped on an icy street in front of
his house and sustained four separate
fractures. He has made a splendid
recovery.
1t is expected that many Of the out
of-town bankers attending the bank
ruary &c and 81 will remain over for
the annual banquet Of Washington
Chapter, American Institute of Bank
ing, on the 28th. Indications point
to another large attendance at this big
annual event.
The New York Chapter, American
Institute Of Banking, holds its annual
banquet Saturday night, several local
bankers planning to attend. Among
Offutt, jr.; Raymond p. Loctte, A. M.
Nevius. H. G. Hoskinson and the Misses
Mabel v. and Rose L. Royce. The
attendance usually is about $500.
George O.. Watson, president Of the
Liberty National Bank and of the
Washington Stock Exchange, has been
confined to his home for few days
with the prevailing grip.
r. Jesse CLANCY, chairman Of the
Welfare Committee Of the washington
Association Of Credit Men, announces
that the annual dinner and dance at
the Willard on Februory IA will be one
Of the largest yet held. This event has
come to be very popular.
Tickers were silent in the local
| brokerage houses today and the Stock
anniversary.