Evening star. [volume] (Washington, D.C.) 1854-1972, 1902-12-16

Baldwin, cashier. MeSsrs. Henning and
Gordon still retain the positions for which
they were originally selected. Brenton l..
Baldwin died in October. 1896. and was sue
ceeded by John c. Athey as cashier. Sub
sequently ]. Fendall Cain was appointed
as assistant cashier.
George C. Henning was born in Washing
ton in 1888. He followed mercantile pur-
suits from 1s47 until the foundation Of the
new enterprise Mr. Henning has been
reader Of The Evening Star since its first
ISSUE
William A. Gordon was born in George
town. He graduated at Columbian College
in 1861, and was thereupon appointed assist
ant professor of mathematics. In 1862 he
went south and entered the confederate
army after securing commission as lieu
tenant Of engineers. He followed the for
tunes Of the southern states, participating
in the various campaigns in Virginia. He
remained in the conferedate army until the
surrender at Appomatox. He returned to
Washington after that important event and
took a course in law at the Columbian Uni-
versity, graduating in 1885, Since his grad
uation he has continuously practiced his
profession in this city as a member OF the
law firm Of Gordon & Gordon.
Mr.. Gordon has always been prominent In
advancing the interests Of the District. He
was one Of the organizers of the George
town and Tennallytown Electrical Railway
and the Columbia Title Insurance Company.
He is president Of the Washington Safe De-
post Company and the Metropolitan 1nsur-
ance Company. He was for several years
president of the Churchman'S League and
the Confederate Veterans Association, and
is now president Of the Linthicum Institute
and the Dunbarton Club on Georgetown
Heights
Mr. Gordon is a vestryman Of Christ
Church, Georgetown. and one Of the execu-
tive committee Of the Episcopal Eye Ear
and Throat Hospital. His wife is the
was senator from Virginia in the confed-
crate congress, and was subsequently Uni
ted States senator from West Virginia.
Brenton L. Baldwin was born in Wash
ington also, and has always been regarded
by those who knew him as man OF
sterling integrity and unusual ability. Be-
fore his appointment as cashier OF the
Traders he held the position Of paying tel
Ter at the National Bank OF the Republic
Of this city, now liqudated, where he was
held in high esteem by the officials and gen.
eral public
John c. Athey, the present cashier, who
succeeded Brenton L. Baldwin at his death,
was born in Leesburg, Va, and was at
one time engaged in the brokerage business
with the firm of Bateman & Co.
The progress of the bank has been grad
ual but steadily onward While it has no
bargain counter. it has never yet failed in
times Of stringency to protect Its depos-
itors and satisfy their legitimate needs
Even during the panic Of 1893, when some
of the strongest financial houses trembled
with apprehension. it turned away no pa
tron presenting sufficient security. During
that exciting ume IL olo not call IN any
collateral loan that was sufficiently mar
gined to preclude such action.
A study Of the following report, render
ed to the controller Of the currency at the
close of business September 49, will give
an idea Of the present condition of the
bank:
United States bonds to secure circulation,
$50. 600. 90: premium on United States bonds.
81 600 co. other bonds. stocks. etc, S.. 42S SO;
banking house. furniture and fixtures, $149,-
OPS. co: redemption fund with United States
treasurer, 50 500: due from reserve agents,
Sill, 644.79; due from other banks, SPA
1884 checks and cash items, So, 253. 81;
exchanges for clearing house, $40, 036. IT;
legals and specie, sos. 1867 Total. $1.172,-
5O3.6O.
plus fund. SEQ OO0.o0; undivided profits, net,
$2575SS 80: circulation. $50.0O0.O0. Deposits:
individuals 1913 ,O31.71; banks $43713O9E
$685. 44.S0: Total. $1,172. 503.6O
The bank also deals in travellers checks
which are good all over the world and pay
able in the currency of all gold standard
countries. It also issues letters of credit
and has over three thousand paying cor
respondents in connection Herewith. Bills
of exchange or drafts on all foreign coun-
tries, payable in the currency of the coun-
try upon which the draft may be drawn
are also handled by the bank.
For some time the bank has suffered from
an insufficiency Of space in which to con-
duct its increasing business. The work of
enlarging it's space is now in progress. The
work has not proceeded far enough to show
what the appearance Of the interior will be
when the alterations have been completed,
but 1t NAV be said that the result will In
dictate that the changes have been made
with regard for beauty and utility. Ev-
cry modern Improvement will be employed
to make the bank one Of the most COM
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