Evening star., 1943-06-04

law in the District from 1920 to
1925 and in March of that year be-
came connected with the trust
company, He was elected assistant
trust officer the same year.
The other officers of the Fiduci-
aries Section are Lester A. Law
renee, vice chairman, and Edward
B. Shaw. secretary, who with Mr.
Jonscher, Aubrey o. Dooley, Will
liam V. Simmons and Willard G.
McGraw, constitute the executive
council.
Bauman Again Oriental Head.
Washington's oldest building and
loan association. the Oriental, held
its annual election of officers and
directors yesterday. with Chaplin B.
Bauman again being named to head
the 82-year-old organization. Ralph
A. Xander was reelected secretary
and John George Kold treasurer.
Directors, all of whom were re-
elected. include Carl C. Haneke, John
j. Kolb, Chaplin B. Bauman. Thomas
B. Young. Louis C. Dismer. c. Albert
Parker, Ralph A. Xander. John
George Kolb. Dr. Frederick H. Nor
hart, Frederick w. Schneider and
William H. Grass.
Secretary Xander reported total
resources in excess of s7500,000.
Record Attendance Forecast.
Nearly 300 Washington bankers
and their guests are expected to
attend the opening session Of the
25th annual meeting of the Dis
trict Bankers Association which
convenes at the Mayf1ower Hotel at
8 o'clock this evening.
This will be the largest attendance
the association ever had, President
John A. Reilly announced today.
The attendance at the family din
ner" tomorrow evening will exceed
500 also the largest in the associa-
tons history.
DR.. Paul F. Cadman. economist
Of the ABA. will be the chief speaker
this evening. Preston Delano, con-
troller of the currency. and Hugh
Leach, head of the Federal Reserve
Bank of Richmond, also are on the
program.
w. L. Hemingway, president of the
ABA: Vice President A. L. M. Wig
gins and Executive Manager Harold
Stonier were in the city today to con-
suit with Treasury officials on fu-
ture War bond drives and with the
OPA on ration banking fees.
Southern Rail Incomes Soar.
Glass l railroads in the Southern
region in the four months of this
year had an estimated net income,
after interest and rentals. of s54.-
100000 compared with S32, 1886, ,346 in
the same period last year.
Those same roads in the four
months of 1943 had net railway
operating income. before interest and
rentals of $76,670.l72 compared with
s55. 1853 in the same period of
l942.
Operating revenues in the four
months of 1943 totaled s43O. 1888 1862,
an increase of AT per cent COM
pared with the same period of 1912,
while operating expenses totaled
$237, ,07l ,056. an increase of PAT per
cent above 1912
Glass ! railroads in the Southern
region in April alone had an esti-
mated net income, after interest
and rentals, of 2,40o 900, compared
with $l0,392. 1888 in April. 1912
d. c. Speakers on Program.
A symposium on the wartime
problems of Washington financial
librarians will feature the program
of the Special Libraries Association
in New York on June %, it was an
nounced here today.
Those participating will be Elsie
Rackstraw, librarian, Board of Gov
ernors. Federal Reserve System
Isabella S. Diamond, librarian
United States Treasury; Ruth Fine,
librarian. United States Bureau of
the Budget. and Amy D.. Early,
librarian, Federal Deposit Insurance
Corp. Miss Mary B. Mclean,
librarian. American Bankers Asso-
citation, is chairman of the financial
group.
DR.. Harold G. Moulton. president
8rookings Institution, also will ap-
pear on the two-day program.