Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-06

treasurer Of the Liberty Laundry Co.
The Chevy Chase Club is the only social
organization to which he belongs.
In connection with the District
Bankers Association, Mr.. Hillyer served
as vice chairman of the Transportation
Committee for the recent bank manage
nent conference He has been mem
Der Of many other committees. includ-
ing the TRANSPORTATION Committee for
Conventions. Publicity, Hotel, Fradu-
lent Securities, Protective. He was
chairman of the Auditors Section Com
mittee in 1920-l929.
GockeIer Veteran Member.
G. ]. Gotkeler, the new vice presi-
dent, has served the exchange for seven
years as secretary and has been con-
slant attendant and active trader. He
Is vice president Of the District Ma
tional Bank, and years ago was widely
known as secretary Of the Washington
Board Of Trade.
He is treasurer Of the Washington
Auditorium Corporation. member CT the
National Press Club and the Columbia
Country Club. He Is also director in
the Chapin-Sacks Corporation and has
other bu7iness affiliations.
Y E Booker, the new secretary, has
held a seat on the exchange for sew
eral years and is head of Y. z. Booker
& Co, investment banking firm. Mr..
Booker has already served tie ex-
change as a member of the board of
governors and is one of the most active
traders.
Eugene E. Thompson, chairman Of
the board Of governors, presided during
the election of the new officers.
Today's Exchange Trading.
Today's exchange trading opened
with Capital Traction figuring in
very small sale at 1914, a new low.
Later in the session, however, 1T adj
vanced to 3494 and closed at 347s.
There was a turnover of 460 shares
OF National Mortgage & Investment pre-
ferred at 47s. Mergenthaler came out
at 1917 and Potomac Electric Power,
5l2 at AZ moved at 1104. The Per
cent preferred sold at 112M.
Fifty shares of Carpet Corporation
sold at 23ls. Bond trading was con-
fined to Washington Gas issues, series
A, at recent levels.
A. b. A. Council Program.
The executive council meeting Of the
American Bankers Association, which
will be held at the Bon Vanderbilt
Hotel, Augusta, Ga, April 1916, viii
consider reports on a number Of i'm
portant questions of association and
banking policy, such as bank failures,
promotion OF scientific bank manage
Inent. developments in branch, chain
and group banking, tax and other legis-
lation affecting banking and other
topics.
Rome C. Stephenson will report to
the council as president Of the associa-
ton and also for the Administrative
Committee. Reports will also be re-
ceived from Executive Manager F. N.
Shepherd, Treasurer Grant McPherrin
and General Counsel Thomas B. Patton.
Through the successive sessions the
tons will be heard as follows:
American Institute OF Banking sec
ton, Ben B. Alley; national bank divi-
sion, Edmund S. Wolfe: savings bank
division, A c. Robinson; State bank
division, NJ Pin Beebe; State secre-
taries' section, H. G. Huddleston, and
trust company division, Gilbert T.
Stephenson.
Heard in Financial District.
The District IJational Bank was rep
resented at Leesburg today at the flu
neral Of Wells Harper, brother Of Rob-
ert N Harper, by John F. Maury. Mar
shall King and c. ]. Gockeler. The de-
ceased played an important part in as
| sisting his brother organize the District
Bank.
Robert c. Jones g. Co. announces the
opening of a bank stock trading de-
partmeut to handle transactions in New
York bank stocks. The head Of this
firm was formerly one of the local man
ayers OF G. NJ. P Murphy e. Co
It is announced that the Chesapeake
81 Ohio Railway will report earnings
for the first quarter equivalent to ap-
proximately the dividend requirements
Of 62i2 cents a share on the common
stock. This Is considered an excellent
showing under present conditions.
The directors Of the Southern Bank
ers' Association of Baltimore have voted
TO defer for the present the payment
of the dividend on preferred stock,
which is cumulative at the per cent
annual rate.
Sales Of S. S. Kresge Co. for March
were l.9 per cent under the figures of
March, 1890, and for the first quarter
OF per cent below the corresponding
period a year ago. The company now
has 654 American and 80 Canadian