Evening star., 1937-08-30
DUL|N To DIRECT
NEWA.[.B. COURSE
Study of Corporate Finance
and Investments Added
I for Coming Program.
BY HAROLD b. ROGERS.

A new course is to be given in the
forthcoming educational program OF
the Washington Chapter, American
Institute Of Banking, known as Cor
poration Finance and Investments, y
1t was announced by Paul j. Seltzer,
chairman of the Educational Com
mittee.
James c. Dulin. jr., treasurer OF
the American Security & Trust Co.,
will be instructor He is past presi-
dent of Washington chapter, and has
previously served on the faculty.
According to seltzer, "the impor-
tance of this subject for the banker
needs little emphasis. A thorough
knowledge and understanding of COR
poration finance in all its phases,
encompassing short and long term
financing problems, practices and
policies, is a necessary tool in every
day banking.
consideration is given to the
economic background of corporate
finance with special emphasis on the
evolution of modern investmenD, the
sources and accumulation of invest
ment funds, their use in modern busi-
ness undertakings through the chan
nels of both stock and bond owner
ship, and the financial management of
a corporation in the modern world
Of economic f1uctuation, due consid-
Grafton being given to the rights and
obligations of the various classes of
security holders"
Mr. Seltzer also announced that
the course discussions of Current
Economic Problems" will be pre-
sented by Edward Stone. Mr.. Stone
is chief of the Project Analysis Di-
vision, Resettlement Administration,
and has conducted successfully sew
eral institute courses. This course
will deal with current economic and
political trends, with particular at
tention to their effects on banking
Details of other courses and educa-
tional plans will be made public later
Underwriters Start Drive.
The District of Columbia Life Un-
dervriters' Association has launched
a membership campaign, to run from
September / to the end of the year,
according to announcement by
Charles w. ODonnell, chairman of
the Membership Committee.
Eight prizes are offered to win
ners in the contest. This is a
drive for new members" explained
ODonnell, therefore, only applica-
tions received from agents who have
ton before, or who were not men,
bers at any time during the calendar
year 1887, will be counted"
Plans are being completed for the
fourth annual convention of the Ma
tional Security Traders Association
at Atlantic City September 8 to H.
Headquarters will be at the Hotel
Traymore, with an auxiliary head
quarters in the Hotel Claridge. The
management announces that arrange
ments are being made for delegates to
view the National Bathing Beauty
Contest and Jubilee.
d. c. Exchange Active.
ldOlllS was lilOl dSblNS tIldIl uSUdl
today on the Washington Stock Ex-
change, leading off with sales of sew
eral blocks of Capital Transit stock
on rising market from 1912 to 1Oss
This followed introduction of the new
type of streamline cars, As of which
soon will be put into operation.
Mergenthaler Linotype turned over
at 40l4. Potomac Electric per cent
preferred sold at l13. while the 5l2 per
cent preferred of the same company
went at ll1H2.
Personal Mention.
George E. Fleming, vice president
OF Union Trust Co., is planning a
vacation in Canada, to start next
week.
w. w. Spaid of w. B. Hibbs g. Co.,
who has been on vacation at Saranac
Lake, N. Y. is expected to return near
the end of this week.
j. Warren Dooley of Hartman &
Keech is recovering from a tonsil
operation