Evening star., 1934-10-02


tiol peiu oasiu Francis NJ. Law.
Lawrence Will
speak. while the main banking spokes-
man will be Francis Marion Law,
president of the First National Bank
of Houston, Tex, who as president Of
the association will deliver the open
ing address and preside over the ses
sions.
A number Of bankers and other
speakers on special phases, problems
and viewpoints of banking and other
subjects will appear before the vari-
Gus division and section meetings
which will be held at hours other than
those of the general sessions during
the four days of the convention.
President Roosevelt will address the
evening of october "a in Constitu-
ton Hall No other feature will be
presented at this meeting.
Convention headquarters will be
the willard Hotel where the division
meetings will be held. The regular
general sessions will be at the Ma
tional Theater. A special cdhven-
ton feature will be a constructive
customer relations clinic" to be held
in three sessions.
Law Appeals to Bankers.
In a communication sent to all
members of the association urging at
tendance at the convention. President
Law says:
1T is a particularly fortunate cir
cumStance, to my mind, that the con-
vention will be held this year in Wash
ington. 1t should prove Of ineStimable
value in carrying forward the era of
cooperation between the national ad-
ministration and the banker that is
SO essential to the national well-being.
am a great believer in personal con-
facts and direct mutual interchange of
ideas for bringing about better under
standings.
During the four days of the con-
vention the bankers of the Nation will
have an opportunity to engage in a
first-hand exchange of thoughts and
viewpoints that could be had in no
other way The President of the
United States and several high finan-
cial officers of the Government will
speak before the general sessions.
Il am convinced this convention will
be one of the most serviceable and
constructive in the history of the as
sociation and one from which any
banker can i'll afford to remain away
and I, therefore, urge every bank en-
rolled in our membership to send at
least one representative so that it can
avail itself Of the unusual benefits
which this years meeting will offer"
Speakers at Clinics"
Constructive customer relations
clinic speakers and subjects are:
First session, October %, 7:45 pm:
First Things First" president of
American Bankers Association, F. M.
Law, president First National Bank,
Houston. Importance of Construc-
tive Customer Relations" L. E. Wake
field, president First National Bank &
Trust Co., Minneapolis. Doing the
Job Ourselves" John H. Puelicher,
president Marshall & Ilsley Bank,
Milwaukee Working With Our
Branches" w. H. Neal, vice president
Wachovia Bank & Trust Co., VIM
ston-Salem, N. C. Questions, answers
and comments.
Second session, October %, $50
pm: Our Trust Men and Customer
Relations" w. r. Morehouse, vice
president Security-First National
Bank, Los Angeles. The Dramatic
Touch" !, I. Sperling. assistant vice
president Cleveland Trust Co. Train
ing Conference Leaders" W. H. john
son, jr., vice president Marine Mid
land Group, Inc, Buffalo. Questions,
answers and comments.
Third session, October "a, $50
pm: State Associations and Con-
structive Customer Relations" David
M. Auch, secretary Ohio Bankers As
sociation, Columbus, Ohio.
Underwriters to Start Luncheons.
Malcolm Adam, vice president in
charge of the underwriting depart
ment of the Penn Mutual Life Insur-
ance Co., will be guest speaker
for the first Fall luncheon meeting Of
the District of Columbia Life Under
writer's Association at the Willard
Hotel at 1915 o'clock Thursday
Mr.. Adam, who has had a phe-
nomenal rise in his own company, will
discuss the selection of risks from the
agents standpoint in connection with
their acceptability by the underwriting
department of the issuing company.
President George F. Clendaniel of
the Capital association states that an
unusually large turnout for this meet
ing is indicated and that several i'm
portant announcements will be made
pertaining to the work of the organ
tzation for the coming season.
Gas Dividend Declared.
Directors of the Washington Gas
Light Co. have declared the regular
quarterly dividend of 80 cents share,
payable November l to stock of record
October Is.
w. w. Spaid of w B. Hibbs g. Co.
has been made a member Of the Out
of-Town Houses Committee of the As
sociation of Stock Exchange Firms,
President Frank R. Pope announced
In New York yesterday. Henry F. and
Irwin F. Westhedmer we're also given
committee assignments. as was G. M.
P. Murphy.
Dorsey w. Hyde, former secretary of
the Chamber of Commerce, assumed
his duties yesterday as assistant to
John Poole, executive manager of the
Washington better housing campaign.
Chairman Jesse Jones of the r. F. c.
reports that his organization has made
1876 industrial loans totaling S13,647,-
635 and the Federal reserve banks
have made 1876 aggregating s8,000000
Transit Stock Sells at 90.
Capital Transit stock reached an
other new high mark on the WASH
ington Stock Exchange today when
1t sold at 49, Later in the session
1t moved in small lots at 1884.
Capital Traction bonds led the
market on one of the heaviest turn
overs in weeks. One $4,000, three
$1,000 and three $500 sales were re-
corded at 81. same as other recent
transfers. The opening $500 sale was
made at 9034, but buyers had to pay
more after that.
Carpet Corp. figured in a 25-share