Evening star., 1941-03-23

Ill lIle llSI.
AS previously M
announced, Sid S
ney F. Talia- 1 I
ferro. Riggs Ma $'''''0 ''N 'aa'''''S
tional Bank. is A. NJ. McLachlen.
chairman of the committee and
Bruce Baird, National Savings d
Trust Co., vice chairman. The other
members are:
Corcoran Thorn. president, Amer
lean Security e. Trust Co.; j. Frank
Campbell, president, Anacostla
Bank; Thomas j. Groom. president,
Bank of Commerce & Savings;
Clarence F. Burton, president, City
Bank: Frank j. Stryker, president,
Columbia National; S. Wilson Earn
shaw. secretary-treasurer, East
Washington Savings; E. G. Graham,
president, Hamilton National; J.
Thilman Hendrick, senior partner,
w. B. HibbS & Co; M. F. Calnan,
president, Liberty National; Floyd
E. Davis, president. Lincoln Ma
tional; Lanier P. McLachlen, presi-
dent, McLachlen Bank; Willard G.
Barker, president, Morris Plan; c.
H. Pope, president, Munsey Trust Co.
j. Frank White, president, Ma
tional Bank of Washington; H. H.
Mckee, president, National Capital
Bank; c. F. Jacobsen, president, Ma
tional Metropolitan; Robert V.
Fleming, president, Riggs National;
John A. Reilly, president, Second
National; Francis G. Addison, jr.,
president, Security Savings & Com
mercial: Ord Preston, president,
Union Trust. Co.; Harry G. Meem,
president, Washington Loan &
Trust Co.: John E. Fowler, presi-
dent, Arlington Trust Co.; George
p. Sacks, president, Bank OF
Bethesda, and T. Howard Duckett,
president, Prince Georges Bank &
Trust Co.
Jones Adds Commodity Trading.
The investment firm of Robert C..
Jones & Co. yesterday announced the
opening of a commodity department
and elections to memberships in the
New York Cotton Exchange, Board
of Trade and the Commodity EX-
change, Inc. In addition to in
vestment banking and brokerage
business. the firm will have complete
commodity trading facilities, with
q direct wire to the stock exchange
firm of Hirsch, Lilienthal & Co., in
New York.
The commodity department will
be under the management of H.
Henry Winter. who has just resigned
from Orvis Bros, a New York Stock
Exchange firm. to come to Wash
ington. Mr.. Winter has had more
than 20 years experience in the
commodity business. For the last
five years he has been secretary of
the Commodity Club of New York.
He organized and managed COM
modify departments for Rhoades
Williams & Co. and Chisholm &
Chapman, both Wall Street firms.
Mr.. Jones, senior partner in the
concern bearing his name, said
yesterday that he is optimistic on
the outlook for grain, cotton, rubber
and copper and pointed to the fact
that the Dow Jones commodity
futures index recently reached the
highest point in the last months.
Hotze Heads Travellers Post.
The annual dinner and election of
officers Post B, Travellers Protective
Association was held Thursday night
at the Continental Hotel. R. E.
Hotze of the Times-Herald, was
named president for the ensuing
year, succeeding Jesse L. Ergood. c.
w. Lane was elected first vice presi-
dent: ChaS. w. Clayton, second
vice president; w. c. Barnett, third
vice president and Harry L. Cola
day, secretary-treaSurer.
Directors selected were Verne
Mcdonald, Edward R. Norris, M w
Simmons, R. E. Brawner. George F
Burns and c. D. McCadden.- Fol-
lowing his election. the new presi-
dent named the following commit
tees with these chairmen:
Railroad, L. w. Beauregard; Ho-
tel, C. H. Boaze; Publicity, Charles
f. Shuttle; Legislation, R. J. Dame
miller; Employment, Charles Robey;
Good Roads, r. E. Horton; Member
ship, A. w. Eldridge; Waterways
Albin Nelson; Sick, J. F. TinSman
and Chaplain, William F. Dulin.
Delegates named to the State con-
vention include Messrs. Shultz, Clay
ton. Ergood, Norris, Hotze, Lane anC
Golleday. The conclave is in Balti-
more the latter part of April.
Financial District Comment.
Directors of the Security Storage
Co. have declared a dividend of S.
per share on the outstanding stock
payable April 10 to stockholders o1
record April 5.
The defense housing program will
be given special consideration at thu
March meeting of the District Build
ing and Loan League, Tuesday at th'
Raleigh Hotel, at 1890, Secretar.
F. Wilson Camp said yesterday.
Charles H Kindle, president, ant
Wilfred H. Blanz, secretary of th'
American Building Association, arr
on a sea trip to Florida. Clarence
E. Kefauver, secretary of the Co
lumbia Federal. left here Friday TO
a Florida vacation and Carl j. Berg
mann, treasurer of the Washington
Permanent Building Association, /
still sojourning in the South.
Riggs National common stock fig
ured in a five-share sale on tn
Washington Stock Exchange yester
day at $279 a share. Carpet ant
Bank of Commerce & Savings stock
are now being quoted exdivideno
The latest bid for Commerce & Sav
tnpS is x325 q share