Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-02-10


tional 20 years
next July. Join
ing the banks r C.,n,.
staff on July 8,
1919. right after his return from the
World War. he was made assistant
cashier six months later. In a COM
paratively short time, on May Is,
1922, he was elected cashier. He
was elevated to vice president on
April 3. 1881.
Since Mr.. Calnan took the helm.
ing the Liberty National growing
steadily The statement of Deem
Der 81 showed total deposits of
s7,12423648; surplus, s310,00O I'M
divided profits, $4,000. and total re-
sources of $8,087 ,225.16.
Steamboat Officers Elected.
Stockholders of the Norfolk &
Washington Steamboat Co. elected
these directors at the annual meet
Ing yesterday: Edgar N. Brawner,
Wrisley Brown, G. w. Forsberg,
William D. Hoover, C. F. Norment,
IT,: J. Allen Riordon. George P.
Sacks, Odell S. Smith and Corcoran
Tnom.
The directors organized by re-
electing Clarence F. Norment, jr.,
president; G.. w. Forsberg, vice
president; Odell S. Smith, secre-
tary-treasurer, and J. Allen Riordon,
general manager. The following
members of the staff were continued
In office:
W. H. Callahan traffic manager;
I. S. Walker general passenger
agent; j. A. Maxwell, auditor; G. E.
Herring, purchasing agent; D. Saw
yer. experimenting engineer: G. H.
Ray. general agent Washington;
P. G. Minter, general agent, Nor
folk, Va; H. N. Larcombe, agent,
Alexandria, Va; C. S. Revell. joint
agent, Old Point Comfort. Va.
Bonds Selling at Premiums.
Charles r. Connolly, manager of
the Washington Office of Burr &
Co.. is distributing a circular show
ing the more actively traded securi-
ties in the list of Legal Investments
for Trust Funds in the District OF
Columbia" A glance at the sheet
is interesting, as it shows that a
majority of these selected securities
are now selling above call
One bond. which has a call price
of 100, sold in January at 100.
Another. callable at 100. sold at 1875
and another at 1875. Several, call
able at 1O6 and 107, are now selling
at no 112 and one or two at lis.
Naturally. most of the bonds SELL
ing at such higher figures are pay
ing per cent. However, there are
plenty of 312 and Az per cent bonds
in the list that are moving at Ito
and better.
Banking Facts Given Patrons.
The National Metropolitan Bank
has placed on its counters in the
lobby for the use of patrons and
others a booklet entitled Banking
Made Plain" which is filled with
general information on modern
banking transactions. The booklet
covers all the services which the
bank offers and explains in simple
language how banking is conducted,
how patrons should handle their
accounts, what they should do for
their own protection and the many
ways which the bank may be of
assistance.
In addition to the varied informa-
ton and suggestions. the booklet
includes list of don't which are
called trouble savers. The impor-
lance of proper signatures, correct
addresses. and checking the accu-
racy of statements every month are
among points given special stress.
Capital Transit Orders Buses.
The Twin Coach Co. Kent, Ohio,
builders of urban transit equipment,
reports orders on hand totaling more
than 100000, including ten Al
passenger coaches for the Capital
Transit Co. of this city. Purchase
of these coaches and many more was
recently approved by the Public
Utilities Commission.
Miss Lucille Thornton, chairman
of the National Women's Committee
of the American Institute of Bank
ing, was entertained yesterday by
the women of Washington Chapter
at tea at the Willard Hotel. Miss
Thornton is connected with Omaha
Branch of the Kansas City Federal
Reserve Bank, has brilliant bank
ing record and is leader in Amer
lean Institute activities.
The w. B. Hibbs & Co. bowling
team goes to New York tomorrow to
meet the team of hospital g. Co.,
correspondents of Hibbs, the follow
ing expert boWlers to make the trip:
J. c. Elgin, a partner; George Barn.
holt, James A. Bruen, Henry Rinch,
Frank Baroni, Vincent Elliott, A. E..
Henze and Abner Clark. The Hibbs
team beat the New York team last
year and hopes to repeat. The team
stands we'll up in the Bankers Bowl
ing League here.
Heard In Financial District.
The death of Frank S. Hight
former manager of the Willard
Hotel. will cause wide regret among
host of friends in the financial
district. For years he was a director
of the Second National Bank and
attended many conventions of the
District Bankers Association. He
was greatly duIHlleu 1ol 1llo OuollAcoo
ability and as a friend.
Edwin C. Graham, president OF
the Hamilton National Bank. is an
other Washington flnancier now en-
joying Florida midwinter visit.
twenty-five shares of Washington
Gas Light common stock sold at 80
on the Washington Exchange today
II
80 shares appearing on the board at
1861.
The offering of approximately
$4,000 100000 of Is of l per cent notes
of the R. F. C. was oversubscribed
approximately 8l2 times, the Treas
ury announced. Subscriptions tC
the issue totaled $2566, 100000.
The Southern Popk z, Tr,lct Co