Evening star., 1936-02-11

ANNUAL MEETINGS
HELD BY UTILITIES
Phone Board Reelected
Three Directors Added by
Capital Transit.
By EDWARD C STONE.

terday.
The Chesapeake & Potomac Tele-
phone stockholders reelected the fol-
lowing directors: william w. Everett,
Robert v. Fleming. Edwin c. Graham,
DR.. Gilbert Grosvenor. John Poole,
Harry L. Rust, jr.; John Saul, Merle
Thorpe, Philip o. Coffin, Marshal D.
Sedan and Lloyd B. Wilson, all of
Washington, and Fred LAWS, New
York.
Stockholders OF the Capital Transit
Co. elected three new directors to fill
vacancies: Edwin D. Detwiler, an at
torney of this city; James D. Morti-
mer. New York. and Lennard H.
Mitchell of Washington. The vacan-
cies were caused by the death Of E. c.
Branderburg and the withdrawal
from further service on the board OF
Daniel j. Callahan and Cloyd H. Mar
ton University.
Seven members of the old board
were also reelected: F. w. Doolittle,
New York: Robert w. Fleming, Edwin
C. Graham, William F. Ham, Will
liam Mcclellan, John M. Perry Of
New York and Merle Thorpe. The
terms of the other five members of
the board did not expire this year
The directors reelected John H.
Hanna, president; J. E. Heberle, vice
president and controller; ]. H. Ste
phens, vice president in charge OF
TRANSFORMATION; H. D. Champion, Sec
retary and treasurer; william l..
Clarke, assistant secretary and as
sistant treasurer; John Fleming. as
sistant secretary, and c. B. Koontz,
assistant treasurer.
Bankers Plan Savings Farley.
The plans for the annual Eastern
regional savings conference, sponsored
by the savings division. American
Bankers Association, at the Waldorf
Astoria, New York, March and s.
announced by Philip A. Benson, pres
ident of the division, indicate that
among the subjects to be discussed
will be various phases OF the real
estate mortgage situation, the out
look for interest rates, personal loan
departments. constructive customer
relations and the railroad problem.
Harold Stone. Syracuse, president,
Savings Banks Association of the
State of New York, is chairman of the
Conference Committee, and Robert C..
Glazier, Hartford, president, National
Association of Mutual Savings Banks,
chairman of the Banquet Committee.
The speakers at the banquet March
s will be Albert Lavery, vice president
Bridgeport Hydraulic Co., Bridgeport,
Conn. and Henry w. Anderson, CO.
receiver Seaboard Air Line Railway
Richmond, Va. Mr. Anderson will dis
cuss the future of railroad transporta-
ton in the United States.
Among the speakers at the confer
ence will be DR.. Lionel D. Edie, presi-
dent Davidson, Inc, New York
City; George McAneny, president Title
Guarantee & Trust Co., New York
City; Louis S. Thomas, president East
Hartford Trust Co.; Lawrence B.
Cummings, commissioner Mortgage
Commission of the State of New York,
and Fred N. Oliver, counsel Security
Owners Association, Washington.
The conference area comprises the
States Of Connecticut, Delaware. Dis
trict Of Columbia, Maine. Maryland.
Massachusetts,, New Hampshire, New
Jersey, New York. Pennsylvania,
Rhode Island, Vermont, Virginia and
West Virginia.
Members Back From Gotham.
While several Washington bankers
were in New York today to attend the
opening of the A. B. A. Trust Con-
ference, the flnanciers who attended
the banquet of New York Chapter,
American Institute of Banking, were
all back at their desks today, all prais-
ing the dinner, at which 900 mem
bers and guests were present.
Among those who attended from
Washington were Hilleary G. Hoskin-
son, I. j. Roberts and Constance Fogle,
Riggs National; James C. Dulin, jr.;
G. Stanley Holland, Frank M. Perley
and William Seltzer. American Secur-
tty & Trust Co.; Elmer j. Flather,
Union Trust Co.; Clarence F. Burton,
City Bank; Earle McGeary and Kath-
crime McCalmont, w. E. Hibbs & Co.;
Wilmer j. Waller, Hamilton National;
Francis G. Addison, jr., Security Saw
ings & Commercial; James A. Soper
and Richard Norris, Lincoln National;
Charles H. Doing, Washington Loan &
Trust Co.; Robert Whitton, Miss
Vivian Stokes, Mrs. Gertrude Wick,
Myrtle P. Lewis and several others
from various other banks.
While final reports on retail trade
in the Fifth Federal Reserve District
are not yet available, yet it is evident
that business shows a good gain over
January, 1885. The weather slowed
up business at times, but also de-
veloped a lively demand for heavy
Winter goods, the best demand in
years.
The weekly reports and receipts by
the Department of Commerce indi-
cate that Washington retail stores
had an excellent January and will
report q good deal better business
than in January, 1885. Pank clear
tngs also indicate the same condi-
t1on. The trade in wholesale lines
Is also said to have been favorable
In January.
Florida travel has benefited hotels
in the Eastern tier of States in the
NTH district. Many of the large
city hotels have been forced to turn
travellers away for lack of accommo-
dations. Railroads are handling
heavy trafic both in passengers and
in freight.
Today's Trading on Exchange.
Trading was extra heavy on the
washington Stock Exchange today so
far as the number Of sales was con-
cerned. Capital Transit opened at 1917
and closed at IA. Washington Loan g.
Trust Co. stock sold at 225, Potomac
Electric Power per cent preferred at
112 and the 51s per cent preferred at
1l1h.
Capital Traction SIS sold at 81 and
Washington Gas IS. series B, at 100A.