Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-01-26
COMMUNICATING ITS OFFICERS.


The members of the Builders Exchange
have held their annual election OF officers
for the ensuing year and conplimented the
present incumbents by re-electing them
without change The election was held
last evening at their hall on 18th street and
the officers are: President, Henry A Jones;
first vice president Thomas Norwood; Sec
ond vice president Albert Stephan; secre-
tary, Thomas ]. King: treasurer. William
c. Morrison; directors. ]. w. Thomas. John
Lynch, T. V. Noonan, Michael Shea, Rob-
ert Clarkson, c. A Langley, L. A. Little
field, ]. r. Galloway. Thomas p. Stephen
son. James Nolan, William oConnor ana
A. L. Phillips.
Immediately after the election the MEM
bers marched In a body to wormley' s. where
a collation. was served. Among those who
were present as guests were: DIR. Tfndall.
Mr.. Daniel Curry, President Jesse B. Will
son of the Lincoln National Bank. Presi-
dent T.. Southland Parker of the Columbia
National Bank. Building Inspector En-
twisle, Assistant Building Inspector Brady.
Auditor of the District Petty. and Messrs.
Richard Hamilton, James Z. Hill, A p.
Clark, jr., Glenn Brown and George Cooper.
Looking for Better Times.
Several pleasant speeches were made: one
of the most interesting being by Mr. z.
Southland Parker. who thanked the builders
exchange for the privilege and the oppor-
tunity OF meeting so many of its members,
as well as those with whom he enjoyed the
most intimate business relations. Mr.. Park
er continued: The management OF the ma
tional banks is conservative and their busi-
ness conducted with the utmost adherence
to legitimate banking. and lending assist
ance TO the advancement Of commercial In
terests and the promotion and improvement
of the interests of this capital city; and
while prudent and cautious hey have been
liberal in their aid where safety and security
are assured, and, to their creoit and honor,
carrying available funds In times Of str.n-
sency but slightly in excess OF that required
by the national barking act The business
of every bank is TO deal In money, and the
interest on that money is the chief source
of profit The bank has its capital and fits
deposits. and these are the principal sources
from which its loanable funds are supplied.
The banks owe debt of gratitude TO their
depositors. for without their aid ana Coop
Grafton the banks could not have attained
the success and prosperity they have
achieved. During the past year We have
all been brought face TO face with a condf-
ton of affairs that is without precedent in
the monetary history Of our country. The
financial waters have been greatly disturbed
and monetary institutions have been tossei
to and fro upon tempestuous seas. sire wing
the shores with many wrecks. and II is a
matter OF great satisfaction and of con-
graduation that our Institutions reached
their mornings with mainmasts erect ana
wheel and rudder intact. Times are rapidly
improving. We mist wait-exercise the
grace or patience a little longer Money n
abundant and VIII soon return to its accus-
TONED Channels and the lender seek the
borrower and L hope that good times that
a hundred fold"