Evening star. [volume] (Washington, D.C.) 1854-1972, 1947-06-04
hecIoY Added 10 List
OF Speakers for D. {.
Bankers ConcIaye
BY Edward c. Stone

John J. McCloy. president OF the
international Bank for Reconstruc-
ton and Development, has been
added to the list Of speakers at
the 18th annual convention of the
District Bankers Association which
opens three-day session tomorrow
ut Bedford Springs, Pa.
Mr.. McCloy will speak on the
purposes of the International Bank
and follow Emil Schram, president
of the New York Stock Exchange
on the Saturday program.
About 225 financiers and their
invited guests were to reach the
Bedford Spring Hotel In time for
dinner tonight. The first business
session opens tomorrow at 10
o'clock.
The hotel is about 1877 miles from
Washington, many of the bank
officials going In their own cars.
Others were to 60 by bus. The
opening program includes the an
nual report of the association presi-
uCllt, .. WluidHl MhlCI.
The afternoons will be crowded
with golf tournaments and the eve
nings with special social events.
Auditors Section TO Meet.
The Auditors Section Of the Dis
trict Bankers Association will meet
at the Washington Hotel on Thurs
day, June IL, for the election of
officers for the coming year. YER
nan r. Dormon, auditor of the
American Security IL Trust Co., Sec
ton chairman during the past year,
is slated to be succeeded by Mrs
Margaret S. Mcclure. auditor Of the
City Bank. She will be the first
woman chairman the section ever
had.
Members of the District Building
and Loan League are looking for
ward with unusual interest TO the
San Francisco convention OF the
United States Savings and Loan
League. 1t is estimated that about
50 will attend from Washington
and Baltimore.
CnAhEES NkAue III II CT sVHkhCts
Two changes in executive person.
mel are announced by American
Airlines and American Overseas
Airlines, with R. L. Griffith, assist.
ant secretary OF American becoming
general manager of the airline's
contract air cargo division. and H.
Danforth Starr. former A. o. A.
assistant secretary, becoming secre-
tary-treasurer of the overseas air
line.
Mr.. Grifith will be responsible
for the merging of c. A. c. D.
into Americans common carrier
operation. He replaces James Woo
ten, who is to become president OF
Alaska Airlines, Inc.
American Co. Votes Dividend.
Directors of the American Co.
real estate firm, have declared
$3.50 preferred dividend. payable
June to stockholders of record
May 81.
Directors & District rheaters
Corp. have declared the quarterly
dividend Of 20 cents share, payable
July to stock of record June IL
Directors Of Continental Car-Na-
Var Corp. Nave voted a special
q dividend of cents q share on the
81 par value common stock of
record on Mrt 81, payable June Is;
also the regular quarterly dividend
Of S cents a share payable July is
to stock OF record June 80.
Arnold B. Barach, formerly con-
nected with the War Production
Board, has Joined the staff of Bert
M. Sarazan, Inc, advertising firm
at z Thomas Circle. He is graduate
of Wesleyan University and Column
bia School of Journalism.
william e. Carpenter, formerly
with Defense Transportation and
the Interstate Commerce Commits
sion, has opened an Office in the
Barr Building. He is a motor car
rier traffic expert.