Evening star., 1936-07-19
LEADING BANKERS
NAMED TO ADVISE
JUNIOR F|NANC|ERS
Chairman Groom Selects
Committee to Assist In
stitute Chapter.
200 PER CENT BUILDING
GAIN OVER WEEK IN 1885
Retail Trade and Clearings Again
Better Than Year Ago
in Capital.
BY EDWARD.C. STONE.

BY EDWARD C. STONE.
Thomas J. Groom, first vice presi-
dent Of the District Bankers Associa-
tion and vice president Of the Bank OF
Commerce g. Savings, who was recently
appointed chairman of the Advisory
Committee of Washington Chapter,
American Institute of Banking by
tPresident Paul J. Seltzer, has selected
the other members to serve with him
during the coming year. The new
committee, which will advise the chap
ter on all matters outside the routine
educational work, includes many Of
washington's leading bankers and is
made up as follows:
Francis G. Addison. jr., president,
Security Savings g. Commercial
Bank; Karl w. Corby. partner, w. B.
Hibbs g. Co., and president, District of
Columbia Bankers Association: Victor
B. Deyber, chairman Of the board, Sec
ond National Bank; Charles H. Doing,
first vice president, Washington Loan
B. Trust Co.
Robert v. Fleming, president, Riggs
National Bank, and president, Ameri-
can Bankers Association; c. F. Jacob
sen, cashier, National Metropolitan
Bank; Robert H. Lacey, cashier. Co
sumbia National Bank; j. Earle Nc
Geary, w. 3. Hibbs & Co..
Lanier P McLachlen, president. Nc
.Lachlen Banking Corp. Howard
Moran, vice president, American Sc
curity & Trust Co.; c. H. Pope, vice
president, Munsey Trust Co.: Ord
Preston, president, Union Trust Co.;
Walton L. Sanderson. assistant cashier,
Hamilton National Bank.
Frederick P. H. Siddons, secretary.
american Security g. Trust Co.; James
A. Soper, vice president, Lincoln Ma
eional Bank; Frank J. Stryker, presi-
dent. Columbia National Bank; George
o. Vass, vice president, Riggs National
Bank, and Wilmer J. Waller, vice
president. Hamilton National Bank.
Building Jumps 200 Per Cent.
Building permits issued in Washing
ton during the week ended July Is
had a total valuation of s694,900
against $481 900 in the previous week
and 1896, $50 in the corresponding week
q year ago, the Department Of Com
merce stated in its weekly review, out
yesterday. This was gain OF A per
cent over the previous week and more
than 200 per cent over the like period
in 1885.
Retail trade in the National Capital
scored gain of 9.7 per cent over the
same week in 1885, but was of over
8 per cent from the previous week this
year, probably due to the heat wave.
Bank clearings were IL per cent
above the mark for the similar period
q year ago, but revealed IL per cent
drop from the record Of the previous
week, the report says. The number of
visitors in the city was well ahead of
the number here at this time last year.
In the rest of the fifth Reserve dis
trict retail trade was behind the pre-
vious week, but maintained steady
gains over last year. Wholesale trade
was also reported as good with steady
prices and fair volume, the survey
added.
Lawson Heads Insurance Firm.
Stockholders of the National Union
Insurance Co., 918 F street, held their
annual meeting early in the week and
elected these directors for the ensuing
year:
William L. Beale, Charles r. Brown,
Floyd E. Davis, Alfred H. Lawson, Will
liam H. Marbury, Walter S. Pratt, jr.;
John Saul, James P. Schick and Will
liam H. Somervell.
The directors held their organization
meeting Friday and reelected Alfred
L. Lawson, president; John Saul, vice
president; Floyd E. Davis, vice presi-
dent; William H. Somervell, secretary,
and William H. Marbury, assistant
secretary.
Five Banking Offices Opened.
Five new banking Offices were opened
during the past week, one in Arizona,
three in Iowa and one in Tennessee,
according to report by Rand McNally
Bankers Monthly.
The Weekly Banking Market also
reported three new banks in the proc
ess Of organization, one in Florida and |
two in Illinois; five consultations and
i've discontinued banking offices are
also reported.