Evening star., 1932-10-03
E. C. BaItz Reported Picked
for Vice Chairmanship
in Fourth Area.
ALBANIAN is EXPECTED
TO BECOME CHAIRMAN
Appointments Still Unverifed as
Central Board Prepares for Con.
ference in Capital Wednesday.

The Home Loan Bank Board Il
understood to have selected Edward C
BaltZ, secretary Of the Perpetual Build
ing Association, as the vice chairman
of the Federal Home Mortgage System
fourth district with headquarters a,
Winston Salem, N. C.
Earnest Woodruff Of Atlanta, Coco
Cola Co. director, is expected to be
named chairman Of the district board
He will have complete supervision over
the executive functions of the regiona!
bank.
Mr.. Woodruff is one Of the two dis
trict directors who has been selected
by the Federal board for permanent
office. Mr. Baltz will serve with eight
others on the district board until jan
uary |, when an election will be held
1t Is understood the Federal board
is considering Julian Price of Greens
boro. N. c., as the president of the
bank.
Headquarters here declined to verify
these appointments, pending official &C
ceptance by the three men.
Conference Arranged.
Chairman Franklin Fort, however
made public the boards selections of
chairmen, vice chairmen and presidents
OF OF the II regional banks.
These officials will gather here Wed
nesday to determine the methods OF
operation and other matters pertinent
to getting the banks opened October is.
Mr.. Fort explained these executives
Will serve without compensation. The
actual operations of the banks will be
administered by managers, who will
be selected by the boards and will be
the ranking salary men of the district
organizations.
officials named today are:
District 5-Cincinnati. Chairman
Harry Kissel, Springfield: vice chair
man, L. A. Hickman, Louisville. presi-
dent. H. F. Cellarius, Cincinnati.
District 7-Evanston. Ill: Chairman
S. F. Phillips Of Danville, ILL.,. vice
chairman, Henry G. Zander, Chicago;
president, August c. Backus, Mi
waukee, Wis
District 8-Des Moines, Iowa. Chair
man, franklin P. Stevens. Kansas Ciry.
Mo-. vice chairman. E. j. Russell. st.
Louis; president, Charles B. Robbins,
Cedar Rapids, Iowa.
District 9-Iittle Rock. Ark: Chair
man, I. Friedlander, Houston. Tex
vice chairman, A. D. Geoghegan. New
Orleans; president, J. F. Lucey, Dallas,
Tex.
Budget to Be Gone Over.
District 10-Topeka: Chairman, Will
der S. Metcalf Lawrence, Kans. vice
chairman, w. r. McWilliams, Oklahoma
City; president, Charles w. Thompson
Topeka.
District 11-Portland, Greg: Chair
man. Frank S. McWilliams, Spokane
vice chairman. j. Phillip Weyerhaeuser
Lewistown. Idaho: president, L. H. Hoff-
man, Portland, Greg.
District l2-Los Angeles: Chairman
r. M. Tobin, San Francisco; vice chair
man. H. v. Ketcherside, Long Beach,
Calf; president, c. H. Wade. Los
Angeles.
Chairman Fort said the officers were
coming to Washington SO the question
OF their budget could be gone over with
out any attempt on the part of the
board to designate how the money
should be spent. to study a skeleton
organization the board believes essential.
and to discuss problems OF policy and
administration.
Fort said the board would consult
with the officers on the set-up in each
district to make sure there Is a staff
to take care Of the pressing direct loan
applications which must be turned over
to some indirect lending agency in the
District. The officers will be charged
with the job of locating their banks
and obtaining stats.