Evening star., 1935-08-09
PACE IS MODERATE
ON D. c. EXCHANGE
Common, Preferred Stock
of Riggs Bank Traded
in Small Lots.
BY H. b. ROGERS.

Trading was moderate on the Wash
ngton Stock Exchange today. with
Riggs Bank stock, both common and
preferred, selling in small lots. This
stock has been in demand recently
on the local exchange The common
went at 2l2 and the preferred at
1077s.
Anacostia & Potomac Guaranteed
IS sold at 1862, Potomac Electric 5l2
per cent preferred at ia and Mer-
genthaler Linotype at 81.
Joins Controllers Congress.
The National Capital Group of
Controllers has been organized here
as a division of the Controllers Con-
gress of the National Dry Goods
Association, with J. C. Goodwin of
Woodward & Lothrop as chairman.
The purposes of the group are said
to be Ito exchange ideas and make
studies of the various phases of the
retail business; also to give the junior
executives an opportunity to take part
in the proceedings in order that they
may better their positions in their
respective VI SdIAAGoIlOIlo
The organization was formed at
meeting at the Harrington Hotel,
when the following officers, in addi-
ton to Mr.. Goodwin, were elected:
Harold G. Malone. vice chairman; J.
Frank Brown, secretary and treas
urer
The chairman appointed the fol-
lowing committees: Bylaws, j. K.
Aithaus and Abe Coonin; member
ship, w. F. Hisey and E. S. Wagner;
publicity, Abe Coonin.
At the organization meeting the fol-
lowing were present: w. F. Hisey of
the Palais Royal. j. c. Gcdwin and
John Davies, Woodward &; Lothrop;
j. K. Althaus, Frank R. Jelleff; E. S.
Wagner and Harold G. Malone, the
Hecht Co.; J. Frank Brown, S. Kann
81 Sons; Abe Coonin, William Hahn
& Co.. Adolph Wyle, Lansburgh Bros,
and Leo Baum. Goldenbergs.
c. e. P. Refunds S1,O6O,620.
The Chesapeake & Potomac Tele-
phone Co. has refunded S1,060 ,620.02
port to the Public Utilities Commits
sion. The refunds went to l26257
subscribers. But there was fund Of
S74l 90 not paid because the COM
pany could not locate the subscribers.
The refunds we're a result OF COM
mission order and a court order reduc-
ing rates. following a dispute between
the company and the commission.
Robert G. Whitton of Alexandria,
q prominent member of Washington
Chapter. American Institute of
Banking. has been honored by selec-
tion as one of the principal speakers
at the regional conference of the A.
I. B. to be held in Birmingham, Ala,
Saturday. when SIS southeastern chap
ters will be in attendance. His sub
1ect will be Chapter Education"
Mr.. Whitton, assistant cashier of
the First National Bank of AleXan-
drie. has for many years been active
in the institute. both as a member
of the Washington Chapter, as well
as the national organization. At the
present time he is national chairman
OI lliS Oil VI ull4o.
has served two terms on the Board
of Governors of the Washington
Chapter and was three times elected
associate councilman for the State
of Virginia Mr. Whitton will serve
as Washington's representative at
the conference.
Notes OF, Financial District.
Joshua Evans, jr., vice president OF
the Hamilton National Bank, is on
vacation visiting Capt. Chester Wells,
one of the organizers of the Hamilton
bank, and now a director, at Capt
Wells farm near Wyalusing, Pa.
Ord Preston, president of the Union
Trust Co.. is spending the week end
at Langley Field, Va.
Harry G. Meenl, president of the
Washington Loan g. Trust Co., has left
for vacation in New England
William c. Worthington. general
agent of the National Life Insurance
Co. of Vermont, has returned from
vacation at Dorset, VT He reports
improved business conditions in that
section