Evening star., 1937-01-14


co.r-.w w,,,. Eckloff, F. E. Hill
derbrand and H.
r. Stokes, assistant cashiers; r. P.
Hollingsworth, S. w. Burwell and H. A.
Kertz, assistant trust officers, and F.
v. N. Cook, auditor.
Mr.. White has been president of the
National Metropolitan Bank since
1909, or % years. He first became
connected with the institution in 1885
when only boy just graduated from
Emerson Institute. From 1885 to
1904, almost two decades, he occupied
many important positions in the bank,
displaying financial ability which
made his banking future assured.
From 1904 to 1909 he was connected
with the old Commercial National
Bank as one of the organizers. cashier
and later vice president. In January,
1909, Mr.. White was requested to
return to the Metropolitan. accepted
the offer and has been at the head of
the institution ever since. His bank
Ing ability and natural conservatism
have been most vital factors in the
institutions splendid progress under
his guidance.
Davis Again Heads Lincoln.
At the organization meeting to-
day Of the directors of the Lincoln
National Bank, Floyd E. Davis was
re-elected president; Albert S. Galley,
executive vice president; James A.
Soper. vice president and cashier; H.
T. Offterdinger. vice president; George
r. Williams, general counsel and trust
officer; j. Frank Rice, assistant cashier
and assistant trust officer: Robert E.
Lee. Richard A. Norris, D. Hammond
Wetzel and Edward H. Storey, as
bistant cashiers; Helena D. Reed, as
sistant trust officer; Nelson M Stokes,
assistant cashier and assistant branch
manager: William NJ. Harris, auditor;
Melvin c. Hazen. secretary TO the
board, and w. w. MILAN, associate
counsel.
Washington Loan Election.
At the organization meeting of the
Washington Loan & Trust Co.. the
directors reelected Harry G.. Meem,
president: Arthur Peter, chairman
and general counsel; George NJ
Fisher, vice president and treasurer;
William H. Baden, vice president and
trust officer; Alfred H Lawson vice
president and real estate officer;
Charles H. Doing, vice president in
charge of West End office; Ralph
Endicott, Samuel r. Riggs, James NJ
Mason and George o. Schweinhaut,
assistant treasurers; Leonard Mar
bury. Harry w. Gauss, Bernard L.
Amiss and Vincent A. Sheehy, jr.,
assistant trust officers; Herbert w.
Primm and Edward L. Brady, assist
ant real estate officers, and Norman
". Towson, assistant treasurer in
charge of foreign and customers Sc
surities department.
At the same meeting the directors
declared quarterly dividend of per
cent payable February l to share
holders of record January 81 and an
extra dividend of the same amount.
The directors also ordered 100000
carried from undivided profits to sur
plus, making the surplus item 81
100000
Bethesda Bank Staff Listed.
Clarence Keiser, Oscar Larman and
George A. Sacks we're added to the
board of directors of the Bank OF
Bethesda, and the following members
neglected.: George P. Sacks, DR.. B. c.
Perry, Bratnard w. Parker, S. Walter
Bogley, Leslie B. Bell, Donal L. Cham
berlin. E. Taylor Chewing, Robert D.
Hagner, G. Wady Imirie, Thomas
Hampton, Ralph S. Morrison, Walter
i. Perry, Ralph P. Sabine, Wash
angton Waters, j. Harry Welch and
Frank Wilson,
The board of directors elected the
following officers: George P. Sacks,
president; Dr.. B C. Perry, vice presi-
dent; Brainard w. Parker, vice presi-
dent; S. Walter Bogley, secretary and
cashier, and w. Paul Stallsmith, as
sistant cashier and assistant secre-
tary.
Storage Directors Reelected.
Stockholders of the Federal Stor-
ege Co. have reelected the following
directors: Charles S. Baker, H. Ran
dolph Barbee, Daniel L. Borden, Han
son E. Ely. jr.; Henry P. Erwin, D. P.
Gaillard, James M. Johnston, Harold
N. Marsh, Carroll Morgan. E. K.
Morris, Charles G.. Treat and Griffith
Warfield.
The following officers were re-
elected: E. K. Morris, president;
Harold N. Marsh, first vice president
and counsel; James M. Johnston,
second vice president and treasurer;
il. Randolph Barbee, secretary; Hen
derson S. Dunn, cashier; S. Webster
Adams, superintendent; A. Russell
Barbee and Marian Trumbull, assist
ant secretaries.
Bank Auditors Meet Tonight.
The first meeting of the Auditors
Section of the District of Columbia
Bankers Association this year will be
et a dinner in the Lafayette Hotel at
3 this evening. Plans will be dis
eussed for the Eastern regional con-
ference of the National Association of
Bank Auditors and Controllers to be
held early in the Spring. 1t is ex-
pected that the selection of the con-
ference city will be announced shortly.
Presiding at the dinner tonight will
be Millard S. Yeatman, auditor of the
hamilton National Bank and chair
man of the section.
Today's Trading on Exchange.
Riggs National Bank common stock
opened at $50 and closed at 355 on
the Washington Stock Exchange to-
day, up 10 points from yesterday.
Washington Railway & Electric
preferred sold at 112, and Potomac
Electric Power per cent preferred
moved at 11315 and 11334. Mergen-
thaler Linotype came out at 54A.
In the bond division Capital Trac-
ton IS were in demand, changing
hands at 9412. Washington Gas SIS,
1850, were strong at 1875.
Washington bankers were much
pleased with the advance of lie Of l
per cent in acceptance rates. While
ie I'D