Evening star., 1937-01-22
RITES TOMORROW
FOR v. B. H|bbS
Brokerage Firm Founder
and Business Leader Was
II Years Old.

Funeral services for william Beale
Hibbs, 72, founder Of the brokerage
hrm Of w. B. Hibbs &, Co.. who died
here yesterday at his residence, will
be held at 80 pm. tomorrow in st.
Johns Episcopal Church, Sixteenth
and H streets. Rev. DR.. Oliver j.
Hart will oficiate. Burial will be
in the family mausoleum in Rock
Greek Cemetery.
Vice President Thomas J. Groom of
the District Bankers Association has
appointed the following bankers to
represent the association at the fu-
neral: Robert v. Fleming, president
Riggs National Bank; Corcoran Thom
president American Security & Trust
Co.: Ord Preston, president Union
Trust Co.; George w. White, president
National Metropolitan Bank: H. Pres
colt Galley, president National Savings
& Trust Co.; Albert S. Galley. vice
president Lincoln National Bank, and
M. D. Rosenberg, president Bank OF
Commerce &, Savings.
Mr.. Hibbs .ong had been leader
In financial circles and belonged to
many clubs and financial organiza-
tions.
Born in Gordonsville, Va, he was
brought to Washington when only
year old by his parents, the late John
Wesley Hibbs and the late Susan
Reed Hibbs. He was educated in the
public schools here and as a boy de-
hvered newspapers in various parts
Of the city.
While still in his teens he became
interested In the brokerage business
and worked in q brokers' Office. After
following the business few years, In
1889 he founded w. B. Hibbs g. Co.,
IN which he was the senior partner
at his death. Years ago Mr.. Hibbs
made w. w. Spaid partner, and
later, to relieve himself of manage
ment burdens, added Karl w. Corby
and ]. Thilman Hendrick to the part
nership.
Headed Exchange.
For many years Mr.. Hibbs was one
Of the guiding spirits of the Wash
ington Stock Exchange, which he had
served several times as president and
chairman Of the Board of Governors.
For long while he was one Of the
exchanges most active traders.
He was a member Of the New York
Stock Exchange, the Boston Stock
Exchange, the Philadelphia Stock Ex-
change, the New York Cotton Elk.
change and the Chicago Board Of
Trade.
In addition, he was a member of
the American Bankers Association
and the District Bankers Association.
He had served as director of many
business concerns. He also had served
on the boards of the National Homeo-
pathic and Providence Hospitals.
Mr.. Hibbs had wide acquaintance
among persons in public life, including
nearly all the Presidents over a period
Of many years, and a host of Senators
and Representatives. His advice on
financial matters was sought by many
persons. During the Liberty Loan
active members Of the various COM
mittees.
Famed Contemporaries Dead.
He was at the height of his financial
career when such financiers as Charles
c. Glover, ST.; Charles ]. Bell, Edward
j. Stellwagen, John B. Larner and
George o. Watson, all now deceased,
were in their prime.
Mr.. Hibbs was a member of the
Washington Board of Trade, the Metro
politan Club, the National Press Club,
the Alibi Club, the Sulgrave Club,
the Alfalfa Club and the Grasslands
here; the Chevy Chase Club ana
Congressional Country Club in nearby