Evening star., 1939-05-20


event.
H. G. Patterson was general chair
man of the outing, Myles H. Quail
in charge of arrangements, Chet
Allies in charge of tickets, William
Hammill in charge of stock exchange
tickets. Ted Olds managed the golf
contests and Austin Rohrbaugh Sc
cured the prizes. The stock ex-
change session was conducted by
Fenton Cramer, specialist in all
matters pertaining to securities mar
kets.
The dinner started promptly at
3 o'clock with every seat in the
clubhouse taken, with Chauncey
Parker presiding. At the conclu-
sion of the affair. he turned over
all responsibilities to the new presi-
dent, Mr.. Ferris.
Special Guests Introduced.
During the dinner President
Parker introduced as special guests
William Montgomery, president of
the Acacia Mutual Life Insurance
Co.; Hilleary G. Hoskinson. presi-
dent, District Bankers Association;
Edward K. Dunn, president, Bond
Club of Baltimore; Francis G. Ad-
olson, jr., retiring president of the
Board of Trade and president Sc
curity Savings & Commercial Bank;
Robert E. Cline, jr., assistant gen.
eral counsel Securities and Exchange
Commission; William Malone, in
charge of the Washington field Of
flee of the same commission, and
Beldin Bane, in charge of the reg
istration division Securities and EX-
change Commission.
The coveted Acacia Cup was won
by A. Scott Offutt, vice president
of the City Bank. About 20 other
prizes were also awarded. Gen.
eral Chairman Harold c. Patter-
son was given much credit for the
success of the outing.
Roberts on A. I. B. Program.
I. J. Roberts, assistant cashier of
the Riggs National Bank, will be
one of the principal speakers at
the annual convention of the Ameri-
can Institute of Banking in Grand
Rapids on June z, at which 1000
junior bankers are expected. He
will speak on "Our Banks Pro-
gram of Employe Training for Gus
toner Relations" In his address
he will explain in detail what Riggs
has done in public relations. He
will speak at the banking confer
aYooo Iau0toI tn hi1ci,occ couo1an
ment and advertising. 1t will be
the second national convention pro-
gram in which he has taken part.
Edward M. Blaiklock of the WASH
ington Loan g. Trust Co. has been
assigned to preside at the conven-
tion's publicity conference. He has
served during the past year as a
member of the National Publicity
Committee.
Reservations Speeding Up.
John A. Reilly, general chairman
OF the District Bankers Associa-
tion's Hot Springs convention and
president of the Second National
Bank, reported today that there
has been a sharp pickup in re-
quests for reservations. All the
Washington banks will be repre-
sented, he said.
Morton Bodfsh, executive vice
president of the United States Build
ing and Loan League, has been in
the Capital for several days testi-
flying in favor of the SteagallWag-
ner bill. which would permit saw
ings and loan associations to make
all types of first mortgages. AL
building and loan leaders are very
strongly in favor of the bill. The
bankers are just as bitterly opposed
to it.
Norman E. Towson, assistant
treasurer in charge of the foreign
department of the washington Loar
& Trust Co., is in New York today
conferring with other bankers en-.
gagged in foreign exchange with re-
gard to matters pertaining to for.
eign trade. He will return in time
for the session of the Academy oil
World Economics, of which he is 6
director and which will be held ir
the Chamber of Commerce of the
United States at 8 o'clock tomor.
row evening.
Heard in Financial District.
The District Bankers Association
will move at the end of the weel
from the present headquarters il
the Bond Building to much larger
accommodations in the American
Security Building. The new Office
will be located on the fourth foo
and include ample space for Wash
ington Chapter, American Institute
Of Banking.