Evening star., 1933-06-08


Mr., Cox has been very active in the
affairs of the District Bankers AsSo-
ciation He is a former chairman of
the Committee on Standard Banking
Forms, was leader in the safe deposit
section, and head of the last conven-
ton Transportation Committee when
the bankers went to Hot Springs. In
many other ways he has forwarded the
associations work. During his long
connection with the Commercial Ma
tional he made great many friends
among the banks customers.
The Department of Agriculture has
Issued report on farm incomes dur
ing 1882 in comparison with other re-
cent years. Total cash incomes relate
to the value of products actually sold
of the farm, and are as shown for
fifth district States, estimates being
based on 78 crops and 13 live stock
items combined.
Maryland farms. yielded $39 ,899 900
In 1882, and $50, $50, 900 in 1881, de-
crease of "a per cent Virginia crops
brought S58, ,799, 900 in 1882 and $81,-
$4,000 in 1881, a decrease of % per
cent. West Virginia farm products sold
for s24, ,573 900 in 1882 and S34 ,193, 600
in 1881, decrease of % per cent. North
Carolina crops should for $9l ,975 900 in
4ooG ollo S44Es WV AL 4oOAy q AS-
crease of 20 per cent.
South Carolina farmers received $44,-
426,0C0 in 1882, compared with $50, ,203,-
600 in 1881, decrease of 26 per cent.
Cash income for the entire fifth district
was $3.50, STA 900 in 1882 and S343, 1885,
900 in 1881, a decline of "a per cent.
Comparative income figures for the
fifth district in 1880 and 1929, respect
lively, were $4S0,24l 900 and $685.
$4,000.
Savings Bank Directors Named.
At the annual meeting of the stock
holders of the East Washington Saw
ings Bank, held June 7, the following
IS trustees were elected to serve for
the ensuing year: John C. w. Beal,
T. Earle Bourne, Charles A. Garry,
James A. Donohoe, Gratz E. Dunkum,
Lewis Flemer, John Ford, w. P. c.
Hazen, Francis j. Kane, Morris E. Mar
low, Walter H. NARROW, jr. Henry H
Mckee. William N. Payne, jr.; Samuel
H. Walker and John c. Yost
Officers will be elected at the first
meeting Of the new board next
Tuesday
Bertram Chesterman, president of the
Morris Plan Bank of Washington, an
nounces that Gov Theodore Francis
Green of Rhode Island and Arthur j.
motifs will be the principal speakers
at the twc-day session of an Eastern
Morris Plan bankers meeting at the
Westchester Country Club, Rye, June
II and l3. Mr. Morris, president of
the Morris Plan Co. of New York, will
describe current national legislative
movements as they particularly relate
TO industrial banking Gov. Green will
deal with the administrations infia-
f@-
0lvldual credit extensions. The Morris
Plan record during the depression years
and the banking holiday will be re-
viewed by j. Rodney Ball of Lawrence.
Mass, president of the Morris Plan
Bankers Association.
Comment in Financial District.
Members of the District Bankers As
sociation are holding their annual busi-
ness meeting, election of officers and
installation today at the Columbia
Country Club. The annual dinner will
take place this evening.
Eugene R. Black, jr., of Atlanta. son
of the governor of the Federal Reserve
Board, will become associated with the
Chase National Bank on July l. He
will have headquarters in Atlanta and
will maintain contracts in Georgia.
North Carolina South Carolina, Florida,
Tennessee, Mississippi Louisiana and
Alabama Mr.. Black formerly was con-
nocted with the Chase Harris Forbes
Corporation.
Southern Railway System reports for
the fourth week OF May gross revenues
of S2,844 ,043, an increase of $500, ,803
when compared with the same period OF
last year. For May, the company had
gross revenues of $8, 8,499 .349, an increase
Of $9o1, 1858 when compared with May
1892
The E, S. Brashears Agency, Wash
mgton branch of the Union Centra
Life in Cincinnati, reported a gain Of
over 100 per cent in net-paid-for busi.
ness in May over April. Many othel
Capital agencies are reporting sub
stantial business increases.
From June Is to September IS, tn,
Union Trust Co. will close at 3 pm
daily, except on the 18th and las
day of each month. This action is i,
accordance with last Summers schedule
which was adopted to give the employe
more time of during the hot weather
A.