The Washington times., 1934-02-07

m n t o ned 1t
since members -. Ass~
!. of the Gridiron Dunbar mare
Club are special guests.
Hogan got the rank OF a imam
cier due to the fact that he Is
: director and general counsel OF
: Riggs National Bank and genera
eounsel of the District Of Colum-
bia Bankers Association.
: Special Guests
Some of the boys in the finan-
: oial game would pay big money TO
: get an invite to Hogan's spread,
but he plays to the Gridiron CLUB
members, the Vice President, the
Speaker and the majority and
minority leaders of Congress. OF
course.
8 Clark, Child and Keech looks
: IKE a different place these days
: since the fellows who are puttlng
!, IN the automatic board-telereg-
p jSter. it's called-are at work.
= John CasWell, .Jr., one OF the
eair.haired boys at that invest.
& nent house, says the board
SVon't be operating until February
= 10, However, it's disturbed a lot
- Of fellows who used to crash the
Sanctum-sanctoriun Of that es-
IS tablishment.
The automatic board which E.
a. Pierce & Co. is going to put IN
operation on the same date IS
practically ready for use. Reports
have it that Thomas w. Brahany,
manager, comes in every night
= and monkeys with the mechanism
= to see if it will work.
- Other d. C. Boards
Other firms that are going to
: out in the board are J. S. Bache
h Co. and Auchinloss, Parker and
Redpath. The regular boards are
!. being operated in each place
y where the change is to be made
bat the customers sense the ulCl'
mate change. go,
Caswell says the new board will
~ aive the customer the trading IN
"repid fire" fashion. At his own
j., establishment, he says, there Will
I be full range quotations on 2OO
!. stocks, new last price service on
!. 90 additional stocks, q sheet on
:. any other stocks customers require
and complete commodities quota
tons.
LYNN P. Talley, of the Recon
Struction Finance Corporation, is
!. listed as an assistant to the d1-
! rectors, but strange as 1t seems
= hO draws down more salary than
: they, draw.
T. Talley, so the story goes, re-
fused to take the first pay cut
: nut in by the Government under
fhe original economy act but did
" take the last-six and one-thlrd
= which he could not escape.
Ruling Genius
Directors Of the corporation,
;. which is expending collosal sums.
: make only $4,000 per annum'
: with proper IS per cent reduc'
: lions, but Talley gets $4,000 q
!. year, less six and one-third. He
y Is said to be the directing genius
! Of the corporation, regardless.
' John r. Waller, president Of the
= International Bank, on jackson
: Place, talks plainly, as usual, IN
his annual report to stockholders.
Among other pointed remarks he
says:
'"The hardships Of the past
few years will have been In vain
II the ethics of business are not
divorced from the many forms
. Of dishonesty and greed which
have permeated q large portion
Of our commercial and profess
: WiOnal dealings The fact
that we have survived in these
: serious times when thousands Of
institutions have failed was not
: due to unselfishneSS on the part
Of those in position to take ad-
vantage Of the situation. Banks
and mortgage companies have
much to answer for in this de-
preston"
Just gossiping, the RFC is do
ing such a big business it has
express elevators between the
first and fourth floors. Taxicah
drivers assail you outside. A
flock Of new typists have been
taken on.
j. F.. T. o'Connor, who holds
the title Of comptroller Of the
currency, says in his latest press
release that SO national banks
with frozen assets of more than
70 million dollars were opened OF
eeopened during January.
Oddly, the only insolvent ma
tional bank that reopened during
the month was the Citizens Ma
tional at Frostburg, Md.
Karl W. Corby, chief executive
ct Hibbs and Company, is being
beSieged by chiSelers who are try.
ing to crash his party tomorrow
night at the Burning Tree Coun.
try Club. However, Corby still in
siStS that its just a party for the
Ticker Club.
Ray Outerbach, Of the Unior
Trust Company, is such q grea'
preStidigitator that he's bette
known locally than Herman th'
Great.