Evening star., 1952-08-31

~ IL q Z H.
Cooke of the Washington club
ANNOUNCED that Secretary Sawyer
would speak on planning Ahead"
and predicted a large attendance
lat this first event Of the clubs
fall program.
Hamilton Shares Higher.
A bid of SIS a share again was
posted for shares of Hamilton
National Bank on the overtime
counter market at the week end,
an advance of So a share from
two weeks earlier. The book value
lat the end of 1851 amounted to
l$63.54 a share.
The Philadelphia B a ltimore
Stock Exchange, which maintains
an Office and clearing house facil-
tiles here. yesterday announced
the following securities now are
Eligible for trading: Burlington
Mills Corp. common, Minnesota
Mining & Mfg. Co., Northern
States Power Co. (Minnesota).
Wedding Bells For Hugh Leach.
Washington bankers were much
interested in the announcement
of the marriage of Hugh Leach.
president of the Federal Reserve
Bank of Richmond, and Mrs. Ma.
rian Wood Burgess of Hunting.
ton. w. Va. at Huntington
Thursday.
Mr.. Leach has many friends in
the financial district and has been
a guest at the annual convention
of the District Bankers Associa-
ton for long period.
He joined the staff of the Rich
mond bank in 1920, served as
managing director of the Char
lotte branch and later of the
Baltimore branch before becoming
president in 1886.
Garfinckel Dividends Voted.
Directors of julius Garfinckel 6s
Co. have declared q regular quar-
terly dividend Of Sta cents Q
common share.
They also declared a quarterly
OF 343s cents on the 51a per cent
convertible preferred and a quar-
terly Of 281s cents on the ~ per
cent convertible preferred.
All dividends will be paid Sep
tember 80 to holders of record
September Is.
PepcO Yield Is Higher.
AT a new high Of 17H, Potomac
Electric Power Co. common yields
So per cent and has not fully
taken into account the increased
dividend, dealers commented yes
terday.
At a recent price Of 16 and with
an annual dividend Of 80 cents, the
yield was Sc per cent. The divi-
dend rate was raised to 81 on
Thursday.
40 Years. Service Honored.
Phoebe E. Tyrrell, assistant Sec
retary Of the Equitable Co-opera-
tive Building Association, who
Joined the institution August ~,
1912, was honored by directors 1t
their monthly meeting.
In observance Of her 40th ami.
versary Of service the board gave
Miss Tyrrell travelling bag and b
two-month leave Of absence for q
trip to Europe and the British
Isles.
Crawford Chain Grows.
Crawford Clothes, which recent
ly opened new units in Arlington
and Silver Spring, is negotiating
for the addition Of Is more stores.
which will raise the chains total
to 90 in the near future.
President Joseph Levy on the
firms 44th anniversary said the
goal Of 100 stores by the end Of
1852 is not far away.
Initial meeting Of the High
Fidelity Sound Dealers Of the
Washington Metropolitan Area
was held Thursday at Hotel Bur-
lington. Electric Wholesalers, Inc,
was the host.
Sales Manager Named.
w. e. Crofton of Silver Spring
has been appointed district sales
manager Of the Tilden Co. Of New
Lebanon, N. Y, manufacturing
pharmaceutical house. Mr.. Crofton
Joined the company in 1941..
Alfred L. ak, formerly plans
offlcer Of the Engineer Research
and Development Laboratories at
Fort Belvoir, Va, has been named
assistant technical director In the
Of the Clopay Corn. at