Evening star., 1935-09-18

mittee, will preside and several inSti-
tute officers will outline the work for
the coming year.
j. Earle McGeary, president Of
Washington Chapter, made another
important announcement today, when
he named the chapters Membership
Committee. Robert A. SiSson, Hamil-
ton National Bank, will be chairman,
and Stuart S. Ogilvie. Second Ma
tional Bank, vice chairman. The other
members include:
Margaret Ann Berckmann, National
Metropolitan; Edmond C. Bowie. Sec
ond National; John L. Bryant, Ameri-
can Security & Trust Co.: Eugene F.
Case. Riggs National; Paul w. Clarke.
Hamilton National; Lloyd Coates,
Second National: George E. Cole,
Bank of Commerce e. Savings, Anne
P. Crawford, McLachlen Banking
Corp; Thomas J. Cronin, Munsey
Trust Co.; Lloyd Cunningham, Ma
tional Savings & Trust Co.: Donald
w. Eyler, Security Savings & Com
merclal; Harry F. Harding, Union
Trust Co.; Minnie Jenkins. First Ma
tional Bank, Alexandria; Herbert D.
Lawson, Washington Loan g. Trust
Co. Donald A. Mccormack, Riggs
National; M. Catherine Quill, Liberty
National; T. Grant Ridgely City
Bank; L. T. Savage, American Secur-
1ty & Trust Co.; Hilda M. Sfomo,
Washington Loan e. Trust Co.: Nelson
bert E. Yeatman, Columbia National.
Bank Auditors Meet Tonight.
James D. Barrett of the American
Security & Trust Co.. chairman of the
auditors section of the District Bank
ers' Association, will preside at the
FIRST Fall meeting of the group at
. the La Fayette Hotel this evening. An
official Of the Federal Deposit Insur-
ance Corp. will give an address on
Title of the banking act of 1885. The
auditors section was organized in 1928
and had an original membership of
six. Now nearly every bank in the
city has at least one representative in
the roster.
Virginia bankers are considering
asking changes in the State banking
laws to broaden the base of invest
ments that may legally be purchased
by flduciarieS. George w. Lyman of
New Castle is chairman of a commit
tee giving the matter special con-
sideration.
Jones Cheerful on Railroads.
Jesse H. Jones, chairman of the Re
construction Finance Corp, says that
he does not look for any more railroad
receiverships during the remainder of
the present year. At the same time
he offered to Cooperate with the Great
Northern in its coming $l05 900 900
refunding plan.
Pennsylvania Railroad reports for
seven months ended July 81, 1885, net
income of $10.779,948 after taxes and
charges. equal to 80 cents a share (par
$50 on 13,167.696 shares of capital
stock This compares with revised net
income of 12,60S,5 ,599, or 96 cents a
share, in the first seven months of
1884.
Today's Trading on Exchange.
washington hoAlNdy q 6loCJAIC 10
Eere in good demand on the Wash
ington Stock Exchange today, three
$1,000 sales being recorded at 1854.
The rest of the trading was in stocks
Potomac Electric Power per cent
preferred moved at 1101s and the
51a per cent preferred came out at
l13H. Mergenthaler Linotype opened
with 10 shares selling at % and closed
with two at 81. A single share OF
Riggs National Bank common sold
at 210.
The Chesapeake & Ohio Railway
today reported $3.50 a share earned
on common In the first eight months
of this year against s236 on common
year ago.