Evening star., 1934-09-25
Seltzer Heads Bank Drive.

The opening gun will be fired in the
1934-35 Institute of Banking mem
bership drive at a Joint meeting OF
the Membership Committee, Board Of
Consuls and chapter officials to be
held in the board room of the Amer
lean Security & Trust Co. tomorrow
evening at 8 pm.
Paul J. Seltzer, chairman of the
Membership Committee. will preside
and outline in detail the program 10
be followed in an endeayOr to build
up the active and sustaining men,
bership of the chapter. The total
active and sustaining membership
last year was approximately 400 and
il is hoped that this represented the
low point ana from this point on
there Will be a steady increase
Frederick P. H. SlddOns, president
OF the District OF Columbia Bankers
Association, Will be present at this
meeting and deliver an inspiratlonal
address. Walton L. SanderSon. presi-
dent of the chapter Will present his
greetings and short talks Will be
made by J. Earl McGeary, w. B.
Hibbs & Co, first vice president and
mittee. and Robert NJ. Poole, Riggs
National Bank. chief consul. A buffet
supper will be served Immediately
following the meeting.
Hamilton Year Old Today.
Officers and directors of the Ham
ilton National Bank received many
congratulations today on the lnstl-
tutiOn'S first anniversary. Final steps
in the organization work were COM
pleted a year ago yesterday and the
doors were opened to the public
year ago this morning at the main
Office at Fourteenth and G streets
and at seven branches,
The present directors of the Ham
iltOn National include DR.. Charles G.
Abbot. E. c. BaltZ Emery H. Bogley.
William II. Clarke, DR.. A. l.. Day,
Joshua Evans Jr Edwin C. Graham,
William F Ham, NJ. Z. Horton. Harry
Kaufman. Ralph w. Lee Wilfred B
Putnam. c. c. Rogers. Horace CT.
Smithy, L. P. Steuart. Chester Wells
and Roger J. Whiteford.
Secretary Morgenthau announces
that the latest offering of S57000,000
of I82-day Treasury bills resulted in
applications tOtallng Sl94266.000, Of
which S75,023.000 we're accepted. He
also announces that the books for the
exchange of called Al Liberty bonds
will remain open until further notice.
This is a busy week for the Dis
triCt of Columbia Bankers Associa-
ton A special meeting is to be held
tomorrow for the consideration for
cooperative housing renovation ad-
Nertising, while another meeting is
to be held Friday afternoon for in
terpretative information on the Sc
curities act Of 1884. presented by Gov
ernment officials.
Transit Stock at New Top.
Capital Transit Co. stock sold at a
new high mark for the year on the
Washington Stock Exchange today
The stock opened at 27ls, up an
eighth from the previous high mark
In the last sale of the session il
reached 27ia, closing with 27i2 bid
and 28i2 asked.
In the bond division Capital Trac-
ton SIS again sold at their recently
established new high mark of 90l2
$500 changing hands at this figure
The only other bond sale today was
in Georgetown Gas Light 5s. $500
changing ownership at 1861.
After call. Mergenthaler Linotype
appeared on the beard in four 10
share, sells. all made at %. off halt
point from Yesterdays close.
Both Woodward & Lothrop COM
mon and preferred stocks are now
being quoted ex dividend in anticipa-
ton Of the dividend payments due in
a few days.