Evening star., 1935-04-10

;rras;dencv and -
' he succeeded by Thomas w. Brahany'
John e. Parker of G. NJ P. Murphy g.
Co.. as secretary-treasurer
( On the board of governors with
these officers will be the retiring presi-
dent, Thomas w. Brahany of E. A.
Pierce e. Co., and Maj. Ferry K.
Heath of the Washington office of
Hartman g. Co. The nominations
were reported last night at the clubs
annual dinner given by President
Brahany at the Columbia Country
Club. The other members of the
Nominating Committee are Karl w.
'Corby of w. B. Hibbs & Co., and
;Keech. The election will take place
next Tuesday afternoon, April 16, at
i4:3o in the brokerage Offices of Auchin-
Gloss. Parker 6, Redpath in the Ma
tional Savings & Trust Building.
The annual dinner was one OF the
most enjoyable in the clubs history.
Several New York brokers were special
guests. They reported little better
feeling over the market outlook in
New York and called attention to re-
cent improvement in Wall Street
jstocks. They expressed the opinion
that Charles r. Gay will make fine
president of the Stock Exchange and
.auded the magnanimous manner in
which Richard Whitney has pledged
ihis full support to the new admlnl-
stration.
The program was informal. Mr..
Brahany announced that the guests
could do as much thinking as they
wished to but that long speeches were
barred. George H. O'Connor was at
his best in both songs and stories,
while Fred East, William F. Raymond
and George H. Wilson added great
deal to the musical program. Mr..
Brahany read skit similar to those
often heard at gridiron dinners, which
drew great applause. 1t was his own
composition.
Among the members of the club
present were A. H. Reside. Ralph M.
Wolfe, Karl w. Corby. Ferry K. Heath,
Richard p. Davis, Joseph H. Hines,
John E. Parker. A. Chester Flather
Charles Carroll Morgan. August
Schmidt. c. Shelton Buchanan,
Chauncey G. Parker, jr., and Thomas
W. Brahany.
Included among the gueats were
John Clark, Howard Demutn, c. G..
Randle, r. Baker Robinson, J. D.
Sawyer, w. Lair, H. D. Auchincloss,
Harold C. Patterson, George H.
O'Connor, Fred East, w. F. Raymond,
G. H. Wilson, H. w. Striker, Richard
Hatton, Karl Won LewinSki, H. B.
Hoover and E. c. Stone. The club is
made up of partners and managers of
the Washington offices of New York
Stock Exchange firms.
Credit Men Given Awards.
At the weekly business luncheon
of the Washington Association of
Credit Men, Inc, held at the Raleigh
Hotel yesterday. President Louis M
Hewlett presented certificates to sew
eral students who completed this years
course in business law conducted un-
der the auspices of the local chapter
sof the National Institute of Credit.
The instructor in this course was
John A. Reilly, local banker and at
4 UOIIl6y. oGuUclIS VIII IcCclNcu tllCA
certificates were:
! Max Dinkin, L. S. Julien, Inc;
'Davic Bendheim, Hechinger Co.; John
Hayes Knowles, Hugh Reilly Co.; Rob-
sert- R. Kenyon. Fries, Beall & Sharp
Co.; Lewis Magruder, Fries, Beall &
Sharp Co., and Joseph H. Parker,
Washington Association of Credit Men.
The local chapter of the National
Institute of Credit was chartered in
1927. Among the students have been
q large number Of leading Washing
Gon business and financial executives.
Wolfe Wins Speaking Honors.
A. Stanley Wolfe, Riggs National
Bank. won the public speaking con-
test of Washington Chapter, American
Institute Of Banking, held in the chap
ter rooms last night, with E. Wallace
Schreiner. First National Bank of
Alexandria, second; Thomas j. Cronin,
Munsey Trust Co., third, and Frank
U. Rodger. Riggs National, fourth.
The winner receives one years
possession of the Bank Presidents
Trophy and will represent Washing
ton Chapter in the District semi
finals of the A. P. Giannini public
speaking contest to be held in Pitts
burgh in May. The subject was THE
Banks service to the Community" and
there were eight speakers in the con-
test.
Hilleary G. Hoskinson, general
chairman of the coming convention
of the District Bankers Association
to be held at Hot Springs, Va, on
May 80, 81, June l and e, has sent
notices to members asking them to
keep in mind these dates and make
their plans to attend the sessions.
This is the first gum in building up
a large attendance for the meeting.
Further announcements will follow at
an early date. Mr.. Hoskinson says.
Directors Vote Dividend.
Directors of the Fidelity Storage Co
have declared a quarterly dividend OF
50 per share, according to announce
ment made today by President David
B. Karrick. The disbursement will
be made on April Is.
Directors of the Washington Gas
Light Co. have declared the regular
quarterly dividend of 80 cents pei
share, payable on May l to stock
holders of record April Is,
Washington Gas Light stock opened
trading on the Washington Stock Ex-
change today with as shares selling al
5sA. Lanston Monotype was in good
demand at SOS and 501, later selling
down to so. The only bond. sale was
in City and Suburban SIS, which
changed ownership at IS.
Financial District Notes.
The Security Storage Co., which is
closely affiliated with the American
Security & Trust Co., and in whose
building, at 1140 Fifteenth street, the
Northwest Branch of the bank Il
located, gave luncheon on Saturday
to the Advisory Board Of Branches Of
the American Security g. Trust Co
The luncheon was preceded by per-