Evening star., 1943-01-20

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Baker Robinson
Edison b. olds. of r OBJ inSon,
Ronrbaugh e. Lukers, treasurer,
James P. Nolan and Myles H.
Quail of Y. E. Booker g. Co. were
elected to the Board of Governors,
the board for the coming year in
Guiding Edison B. Olds, Harold c.
Patterson, George M Ferris, Baker
Robinson and Bernard J. NeeS.. Mr..
Ferris was elected chairman.
During the trading session, Riggs.
National Bank common stock again,
sold at $50 and 30 shares of Capital
Transit moved at 30. the new peak
for many years. reached yesterday.
American Security Names staff.
Corcoran Thorn was reelected
president of the American Security
& Trust Co, all other officials were
retained, and William N. Grimes
was made an assistant real estate
officer at the organization meeting
of the directors late yesterday.
Other officers include: ..+--
John Saul. executive vice presi-
dent Howard Moran, vice president;
t. Stanley Holland. vice president
and trust officer: William l.. Reale,
vice president and real estate officer.
Frederick P. H Siddons. vice presi-
dent and secretary; Hans w. ire
land, treasurer; William W. Keck,
Frank M. Perley, Edward E. Swan,
and William E. Schooley, assistant
vice presidents Albert H. Shilling
ton, Robert L. Flather, and Earle G..
Johnscher, assistant secretaries.
David N. Houston, Earl G.. JON.
scher, j. Eliot Moran, Bruce S. Col
ton and William S. French. jr., as
sistant trust officers; Frank M.
Perley. trust investment officer; B.
Bruce Frantz, assistant trust invest
ment officer; Richard E. Harris,
Charles c. Boswell, Paul j. Seltzer.
Percy C. Brady, James L. Gold
smith, Kenneth Birgfeld and Will
liam r. Pennington, assistant treas
urers. Seven of these officials are
on leave in military service.
| Mr.. Grimes, new assistant real
estate officer, joined the staff in 1927
and is now manager of the rental
department. Born in Philadelphia,
| he received. his education in Wash
ington, is graduate of Eastern High
School and the Pace School of Ae-
] counting. "
| The advisory board of branches
| includes John M. Beane. John CT,
| Bell, Louis, L. Bowdler. Joseph p.
Burke, Henry Foote Gibbs, John D.
Green, Gilbert Hahn, Ben C. Hartig,
Sidney L. Hechinger, L. A. Herman,
Ralph H. Judd, Charles Kattelmann,
A. Magruder Macdonald, John F.
McCambridge, William E. Miller,
Howard Moran, James C. Nealon.
Thornton w. Owen, M. Frank Rup-
pert, Andrew Saul, John Saul. Ed
ward E. Shaw and Henry Wahl.
Through an error, the name of
William w. Everett was omitted
from the banks board of directors
published yesterday. Mr.. Everett
has been on the board many years.
Camp Reports Bond Sales.
F. Wilson Camp, secretary of the
District of Columbia Building and
Loan League; told members of the.
Executive Council yesterday at the
Raleigh Hotel that the member in
stitutions had sold over $3.50 900
worth of War bonds to customer
contacts and for their own account
through January l.
Last Saturday every one of the
70 members subscribed liberaHv to
the War bond campaign in COM
memoration of the birthday of Ben
Jamln Franklin, the apostle of thrift.
Mr.. Camp stated that when the re-
port is made up it will disclose that
the total Of $1,838,516 in bonds sold
in December will be topped. ".,
Council members conpratuIated
Wiltred H. Blanz, president of the
league, over his election as a director
OF the National Capital Bank. The
directors voted to abolish the regu-
lar monthly board meeting and here's
after VIII meet only when special
occasions arise. =
Bond and Stamp Sales Soar. p
War bond and stamp sales at the
City Post Office in December scared
far above the figures for November
1t was learned from officials today. 3
The use OF bonds and stamps as
CHRISTMAS presents was assigned as
the chief reason for sudden sharuo
increase in sales. The number of
War bonds bought reached 90 TIL
the highest number bought in any
one month since the campaign
started. November sales numbered
20 ,928. q
The value of the bonds at the
purchase price was 81, ,022 ,O0625, the
first time that this figure has. ever ,
crossed the million mark. Sales in
November totaled S731, ,006.25.
December War stamp sales aepre-
gated s494, 1895, compared with
1892 ,894.90. officials reported, =
Reilly Addresses Club.
John A. Reilly. president of the
District Bankers Association and,
the Second National Bank. told the
insurance Club of Washington. at
the Lee Sheraton Hotel this noon,
that it is the solemn duty of bank
ers to furnish the fabrication for
business and industry. When. mill
tary victory Is won, our real prob-~
lens will begin" -
There is entirely too much em-2
phasis on social security, especially
on the material side, he continued
Some visionary people presuppose
that humanity has lost its incen-
tiveS.
We as nation lost our nerve
during the last depression" he added,
Some citizens wanted to divide
wealth instead of permitting ,riv,+