Evening star., 1943-10-01
Waller Takes Hamilton Helm

August 1900 l56506.716 145,928,692
September 1875 60O,676 147.414 667
Waller Takes Hamilton Helm
Wilmer j. Waller moved into the
presidents chair at the Hamilton
National Bank today and Edwin c.
Graham became chairman Of the
Board Of Directors following the ac-
ton taken by the board earlier in
the month.
Mr.. Granam. who has served the
bank most aCceptably since its Or
ganizatlon, wished to be relieved Of
the presidency. Mr.. Waller, vice
president and cashier. was selected
to succeed him because of his long
and very successful banking expert
ence.
His desk looked like a florists shop
today He was shoWered with con-
gratulations, not only from Capt.
tai friends but from associates liz
the American Bankers Association,
of which organization he has just
been made national treasurer.
Other changes also took effect to-
day az the Hamilton National, Frank
P. Harman, IT,, becoming vice presi-
dent, Walton L. SanderSon taking
over the duties Of cashier and
George F. Hoover. assistant cashier
and manager OF the Northeast
Branch, becoming assistant vice
president.
Capital Transit Net Lower.
Net income Of the Capital Transit
Co. in August totaled SIPS 92l .93,
agains. $l73. .2697l wear ago, a drop
Of S46,34048, or Is per cent, the
monthly report filed today with the
Public Utilities Commission dis
closed.
While operating revenues were up
sl25,195. operating expenses. taxes
and depreciation were SI75.733
higher Expenses increased by
$50 25l, taxes by SIS 500 and depre-
citation. 1885.
Revenue passengers in August
numbered 33.705,935, a gain Of
2,944218, or 96 per cent.
Net income in the first eight
months totaled s1.088. .83l.76. off
S66,322.l0 or 7.3 per cent, from last
year,
c. & P. Phone Earnings Up
Total net income Of the Chesa-
peake & Potomac Telephone Co. in
August, before interest and divi-
dends, reached 1921 .993 against
COAX 500 in 1F
s36, 6,305, according to the monthly
report filed with the Public Utilities
Commission today.
Operating revenues amounted to
S2,107725 compared with $3.50 230
q year ago, while operating expenses
called for 51,461271 against $780,
l07 last year Operating taxes were
Up sharply, s353.385 comparing with
sI60.566
There were 36476O telephones in
the service at the end Of August
which was an increase of 1894 tele-
phones over the previous month.
Telephone users made 3T693O00 calls
during the month. or 1882 900 fewer
than in August. 1912.
Total net income in the first eight
months of this year amounted to
S2l24.370, before interest and taxes.
compared with S1,879912 in the like
period a year ago. the report stated
Bank Advances Four Employees.
Directors of the Bank Of Com
merce & Savings late yesterday
elected Robert f. Kendrick to the
new office Of assistant auditor; made
George f. Cole and William Bobb
managers Of the II Street Branch,
and transferred Thomas D. Norris
to a new position in the main Office
Frederick c. Loops was reappointed
chief clerk
TIE three new officers are all ma
tiVes of Washington and have been
with the bank some wears. Organ
izing for the year, the directors re-
elected the following officers:
M. D. Rosenberg. chairman of the
board and general counsel: Thomas
j. Groom PRESIDENT; Joseph Sanders,
vice PRESIDENT; Francis E Robey,
cashier; Thomas ]. Norris, assistant
cashier; John E. Monk, assistant
cashier ton leave for military serv-
ice); George L, C, Scheirer, assistant
cashier. and Ernest r. Wilson,
auditor
Late Banking Hours Make Hit.
Government workers today eX-
pressed keen satisfaction over the
new late banking hours which went
into effect yesterday when the banks
were open from to $50 Many
Federal workers, who do not get
through work until $50 or 6 o'clock
said it was the first chance they have
had in years to get into a bank.
without sacrificing their lunch
periods.
Bankers said today that they did
q moderate amount CT business.
They figure that the bad weather
kept many away and lock for an in
crease in patronage as the new hours
become better known. Deposits and
caShing of checks led the service
rendered.
One day was not a fair test of the
demand for the late service, officers
said.
Washington Gas Light common
opened at 22l2, near the high for
the year, on the Washington Stock
Exchange and closed with a sale at
22A. The final bid was % with %
Asked