Evening star., 1942-12-09
American Security
Marks Fifty-Third
Today
Deposits Top 81, ,W0, 900,
$l5,000, 900 Worth Of
Victory Bonds Sold
BY EDWARD c. STONE.


day, the American Security & Trust
Co, which opened for business on
December 8, 1889, has grown until
deposits are now in excess of S73.-
100000, with capital of $3.400,000
and surplus account Of S4,400.o00,
while combined capital. surplus, un-
divided profits and reserves cur
rently total more than 100000,
officials announced.
The trust company. which has
four branches in addition to the
main office, has sold more than
sl5,000,000 Victory bonds to patrons
since the War bond drive started.
Furthermore, So members of the
staff, including six officials, are
serving in the armed forces.
Officers are: Corcoran Thorn.
president; John Saul. executive
vice president: Howard Moran, vice
president; William l.. Beale, vice
president and real estate officer;
T. Stanley Holland, vice president
and trust officer; Frederick P H.
Siddons, vice president and secre-
tary; Hans w. Ireland, treasurer:
William w Keck. Edward E. Swan
and william E. Schooley, assistant
vice presidents: 'Frank M Perley,
assistant vice president and trust
investment officer: B. Bruce Frantz,
assistant trust investment officer;
Albert H. Shillington. Robert L.
Flather and Earl J. JonScher. as
sis S,ant secretaries: David N Hous-
ton, j. Eliot Moran, Earl G..
Johnscher, Bruce S. Cotton and
William S. French, jr., assistant
trust officers; Richard E. Harris.
Percy c, Brady, Charles c. Bos-
well, James L. Goldsmith. Paul J.
Seltzer. Kenneth Birgfeld and
William r. Pennington, assistant
treaSurers.
C"On leave of absence in military
service)
Directors are. Floyd D. Akers,
C. A Aspinwall, William L. Beale.
Harry K. Boss, Charles A. Garry.
Frederick w Coleman, William w.
Everett. William J. Flather, jr.: M.
G.. Gibbs, James M Green. Gilbert
H. Grosvenor. Dan Holland. Will
liam Montgomery, Howard Moran.
John A. Remon, John Saul. Cor
coran Thorn, S. Percy Thompson.
Benjamin w. Thoron. l.. Perry West
and Lawrence E Williams.
Unions Buy 5000, 900 Bonds.
Labor unions with national head
quarters in the District of Colum-
bia have swelled purchases of Treas
ury bonds and certificates to the
extent of S5020,000. according to a
] preliminary report submitted 70 the
! Victory Fund Committee by Frank
/ w. Lee. vice president of the City
Bank and of the International Asso-
/ citation of MachinistS.
/ Mr.. Lees report included the fol-
lowing purchases by union organi-
zatiOns: international Hod Carriers.
/ Building and Common Laborers
Union of America. sl,000000 of the
I lGlOIN - VI olllLCu
Mine Workers OF America, 81 000, 900
of the Victory 212s; United Associa-
ton of Plumbers, Sleamfitters and
Helpers of North America, $500, 900
of the Victory 212s and $4,000 of
| the IS Treasury certificates of in
debtedness of 1543 and Interna-
I tlonal Association of MaChinists,
S620,000 of the Victory 2i.s.
In addition. these purchases we're
reported by electrical workers
groups: Electrical Workers Benefit
Association, 100000 of the Victory
/ 2'2s and 100000 Of the las Treas
/ ury bonds of 1948: American Stand
ard Life Insurance Co.. 100000 Of
the Treasury la.s, and International
Brotherhood of Electrical Workers,
$200,O00 of the same issue.
Bank Votes Dividend, Bonus.
Directors of the Union Trust Co.
have declared dividend of 3 per
cent or 81 so per share, on the out
standing stock, payable January IS
to stockholders of record December
81, Ord Preston, president, an
nounced today.
The board also voted one half
months salary as special Christmas
compensation for all employees of
the bank, Mr.. Preston added. Incl
dentally, this is the first holiday
bonus to be announced by any Of
| the Washington banks this year.
Trustees of the East Washington
Savings Bank have declared the
usual semiannuai dividend of 4
per cent payable December 81 to
stockholders of record December %.
S. Wilson Earnshaw. secretary
treasurer, announced today.
Camp Heads Appraisers.
F. Wilson Camp secretary of the
District Building &, Loan Associa-
ton, was elected president of WASH
ington Chapter, Society of Resi-
Dental Appraisers, at the annual
dinner meeting last night at the
Raleigh Hotel, succeeding Thornton
w. Owen.
Other officers included ]. A. Wein-
berg vice president, r. Lee Baxter,
secretary ry-treasurer: directors, Julian
Scott, F. Dolan Donohoe, Owen
Hohenstein and Allen G. Elliott.
Howard G. Brunsman. of the Census
Bureau. addressed a record attend
ance of members and guests on
Housing Data"
Gas Common Stock Active.
On the Washington Stock Ex-
change today, 1870 shares of WASH
ington Gas Light common stock sold
at l45s, off II.
In the first sale since the annual
report showed that Mergenthaler
Linotype earned S625 a share in the
last fiscal year, Is shares moved to-
day at IS, unchanged
Capital Transit made new high
for several years, 10 shares selling
,t