Evening star., 1937-07-02

Educated at Harvard, class of 1894,
he entered the engineering field and
at one time was connected with Stone
& Webster. He is now president of
the Arizona Edison Co. and the Miami
Bridge Co.
Mr.. rockingham has been active in
the Investment Bankers Association
for more than 20 years. He has often
appeared before congressional commit
tees in utility matters.
Hohenstein Made Director.
Owen Hohenstein, member OF the
real estate firm Of Hohenstein Bros,
652 H street northeast, has been
elected director in the Columbia
:3uilding Association at 7l6 Eleventh
street northwest. it was announced
today. He has been in the real estate
business in Washington more than
90 years, Is member Of the Real
Estate Board, and has done a large
amount of property appraising for
various financial institutions, including
the Home Loan Bank. The new di-
rector is a member of the Columbia
Country Club.
The building association also an
nounced today that the directors have
declared the regular semi-annual
dividend Of 4 per cent, payable as of
June 30. Ofcials say business was
highly favorable in the first half of
1887.
McLAchlen Bank Decorated.
The branch Office OF the McLachlen
Banking Corp. at Twelfth and Mary
land avenue southwest has recently
been given a strikingly artistic atmos-
phere by the addition Of copy of the
famous painting The Abduction of
Pocahontas." The picture is feet by
il and was painted by Royal Stedman
Of the U. s. Department of Agriculture
after the original painting by Gerome
Ferris. He worked about a year in
completing the work. which has re-
ceived q great deal Of most favorable
comment from patrons Of the branch
according to President Lanier P. Nc
Lachlen. The wall space lends itself
gu AAoASAesAAy "SAl W VAC oNAo1V1OA Va
this piece of high art.
d. c. Bankers Get Diplomas.
-Four Washington bankers will be in
the first class to receive diplomas from
the Graduate School Of Banking at
Rutgers University tonight. They are
George M. Fisher and Ralph Endicott
OF the Washington Loan g. Trust Co.
and H. T. Bisselle and r. L. Haycock
OF the Riggs National. Very elaborate
graduating exercises have been
planned. The address will be delivered
by DR.. Francis P. Gaines, president
Of Washington ard Lee University.
Weekly Bank Clearings Advance.
The Washington Clearing House re-
ports that clearings for the week end
ing June 80 amounted to $29, ,l65, ,544.73
As compared with $24,556, ,0O026 in
the previous week, gain OF 1877 per
cent. Clearings also revealed an in
crease Of 7.9 per cent over the corre-
spending week a year ago.
The Washington Offices of New
York Stock Exchange firms were pre-
pairing for the three-day holiday to-
day. 1t will not be complete holiday
tomorrow. however. as some of the
brokers will be on the job because the
Chicago Grain Exchange is open as
usual They will keep just skeleton
forces on duty.
Governors Of the Washington Stock
Exchange announced today that the
exchange will be closed on Monday
1t will be closed tomorrow on the
regular Summer schedule.
Mergenthaler Sells at Al.
Mergenthaler Linotype stock sole
ut IL on the Washington Stock Elk.
change today. new low for the pres
ent year. Only four shares changed
hands,