Evening star., 1938-11-04
S8,5O0,0O0 Gas Bonds Called.

S8,500,0O0 Gas Bonds Called.
The Washington Gas Light Co. is
giving official notice of the redemp-
,tion of the outstanding $8,500,000
Issue of per cent refunding mort
gage gold bonds, due in 1858, which
will be paid off on January 3, 1899,
at 10412, together with accrued in
terest.
According to President Marcy L.
6perry, the bonds may be presented
for payment at the Riggs National
Bank main Office in this city or at
the Chase National Bank in New
York. The coupon bonds must be
accompanied by all coupons ma
turing on and after July /, 1889.
Coupons maturing on January /,
1889, may be detached and presented
tor payment in the usual manner.
The bonds will pay no further in
terest after January and will also
be stricken from the Washington
Stock Exchange list at that time.
Amick's Death Shocks Bankers.
News that Earle NJ Amick, a vice
president of the Riggs National
Bank, had died while playing golf
late yesterday, came as a distinct
shock to the financial district today.
Mr.. Amick had remarkable knowl-
edge Of bonds and the bond market
and was rated as an exceptionally
able banker. His work at Riggs con-
sisted of supervision of the banks
investment portfolio, cash and re-
serve requirements and out of town
balances.
: His advancement in banking was
very rapid. Born in Cumberland,
Md, In 1885. he joined the Riggs
staff in 1918 as a clerk, was made
an auditor, then assistant cashier,
assistant vice president and was
elected a full vice president on
January IA, 1885, receiving all those
promotions in less than 20 years.
He was a member of the Advisory
Board OF branches and the Invest
ment Review Committee.
He was a member of the District
Bankers Associations Protective
Committee and past president of
the safe deposit section. Mr.. Amick
was a member of the Lutheran
Church, and Republican in poll
tics. He loved to collect old coins
Ind at his home at the Westchester
had a notable collection.
AS noted elsewhere in The Star,
the funeral will take place tomor-
row morning, the officers of the Dis
trict Bankers Association having
been appointed to represent that
Organization.
! Security Increases Surplus.
The Board of Directors of the Sc
curity Savings Il Commercial Bank
et meeting this week transferred
$4,000 to surplus account, making
the banks present surplus $3.50, ,OOO
AT the same time $45,OOO of the
capital debenture notes were retired,
according to President Francis G.
Addison, jr.
Directors of the Southeastern Dis
count Corp. announced today dlvl-
dent OF per cent on preferred stock,
payable November 10.
Dividends were voted by the direc-
tors OF the City Industrial Savings g.
Loan Co., Hyattsville, Md, amount
ing to per cent on preferred stock
and 10 cents a share on common
stock, and by the Bethesda Indus
trial Savings g. Loan CO. in an equal
amount.
d. c. Insurance Man Honored.
Paul H. Primm, who was president
OF the District of Columbia Life
Underwriters Association last year,
has just been honored by Holgar j.
johnson. recently elected president
OF the National Association. Mr..
Prlmm has been made secretary of
the National Committee on Law and
Legislation. This is considered one
OF the national organizations most
important committee appointments.
Mrs. Isabelle Scudder Farrington,
regent Of Chevy Chase School, gave
tie second lecture in the series be-
fore the Women's Committee of the
American Institute of Banking
Wednesday evening on Broadening
Your Cultural Outlook"
Today's Trading in Exchange.
Washington Railway g. Electric
preferred stock led trading on the
Washington Exchange today, open
ing at l13A, moving up to % and "a
and closing with a single share
changing hands at 113. Washing
ton Gas preferred again sold at
l01, Washington Loan & Trust at
235 for one share.
In yesterdays market Capital
Traction IS sold at IS and WASH
ington Railway & Electric Is ap-
peared on the board at 108h. Both
were transfers of 81 600 bonds.
The Washington Stock Exchange
gets two holidays next week, one on
account of Election Day in New