Evening star., 1940-05-31

llle Oar ana De- InomaS H. biantOn.
came Commonwealth attorney in
his home county in 1923.
He has been active in banking for
the past Is years. having been elect
ed president and director of the
Union Bank g. Trust Co. at Bowling
Green on January Is, 1925. Actively
identified with the Virginia Bankers
Association during the same period.
Mr.. Blanton was vice president of
the organization last year.
Southern's Earnings Jump.
Ernest E. Norris, president of
Southern Railway Co., stated that
100 per cent of the company's fixed
charges were earned in the first four
months OF the year, compared with
coverage of 94 per cent in the same
months of 1889 Earnings in the
period were the best since 1881 with
the one exception of 1887.
Net income in the four months
was S399, ,454, against a net loss of
1855, ,482 last year. In April net in
come was $122,758. compared with
loss of S83.819 in April, 1899.
Net income of the Virginian Rail-
way in the first four months of 1910
were equal to $1.78 per share on the
common stock, against only 70 cents
share in the like 1889 period.
II to Attend Banking School.
Seventeen Washington bank Off
GERS will attend the June session
of the Graduate School of Banking
at Rutgers University, taking the
highest courses in their line which
are available The list:
Paul j. Seltzer, American Security
Il Trust Co.; John E. Monk and
Francis E. Robey, Bank of Com
merce & Savings; Samuel R. Carpen-
ter, John F. English, John E. Horbett
and Frederic Solomon, with the
Board of Governors, Federal Reserve
System; Kenneth o. Hulse, Hamil-
ton National; John M. Christie,
Henry K. Dierkoph, Charles R.
Fadeley, Corcoran Thorn, jr., and
Robert Van Order Mellefont, Eggs
National; Joseph R. Fitzpatrick,
Second National; Willard G. Nc
Graw, Bernard L. AmisS and George
o. Schweinhaut, Washington Loan
& Trust Co.
About 600 bankers have registered,
including 200 freshmen and 200
who will graduate this year.
Chain Store Managers Lauded.
Six Washington chain store man
ayers have won places on the 1910
roll of honor of community build
ers, the selections being made an
nually by Chain Store Age. The
list includes:
E r. Burns, Sanitary Grocery Co.,
1872 Eastern avenue NE, for civic
activities at Seat Pleasant; George
Geiger, Peoples Drug Stores, for
interest in Northeast Businessmen's
Association; Charles G. Mccall,
Sanitary Grocery Co., 1851 Kenil-
worth avenue NE, for activity in
kenilworth Citizens Association.
B. w. Seaton, Peoples Drug
Stores, Fourteenth street and Park
road NV, for work in Red Cross
roll call and Metropolitan Police
Boys Club; Henry w. Stoehr, Sani-
tary Grocery Co., 1917 Connecticut
avenue, for interest in Kensington
Civic League. and w. F. Strong,
Sanitary Grocery Co., 1853 Massa-
chusetts avenue NV, activity in
American University Park Citizens
Association.
Lively Trading on Exchange.
Trading was unusually active on
the Washington Stock Exchange to-
day, opening sales being $4,000 and
$4,000 transfers in Capital Traction
IS at SO.
Washington Gas preferred stock
appeared on the board at 9934, so
shares of National Mortgage g. In
vestment preferred came out at 3N
and 20 shares of Peoples Drug Stores
common moved at 1884.
Woodward & Lothrop preferred
figured in several small-lot sales at
118. The market closed with Poto-
mac Electric Power 6 per cent pre-
ferred selling at 1l2
1t was announced that the ex-
change will be closed tomorrow and
every Saturday until September Z,
the usual summer schedule.
John A. Reilly, president of the
Second National Bank, gave very
interesting address on Credit" at
the closing session of the National
Industrial Bankers Association at