The Washington times., 1906-09-30
BANKS AND BANKERS
OF ALEXANDRIA. VA.
Financial Institutions OF
Neighboring City Keeping
Step With the Times.
ALL ON A SOLID FOOTING
Conducted BY Men Of Tried Ability
and High in Confidence Of
Community.

Alexandria, Va, has long made the
claim that II was the natural place for
the manufacture Of a very large part
Of the products needed by the Govern
ment and the citizens OF Washington
owing TO its proximity 70 this city. and
that in many ways II presents the I'm
est opportunity for investment OF any
place ln the United States at this time.
IL lays claim 10 being the natural
manufact uring annex 10 Washington,
and Is n -pidly fulfilling its destiny. as
already hundreds OF thousands Of dol
lars worth OF manufactured products
are furnished and the business is said
to be still I'm its Infancy.
1t also lays claim TO presenting rare
attractions as a city 10 reside in, hav-
ing all the advantages Of "a salubrious
climate excellent water. low rents. good
homes. and q social element as fine as
can be found in the world.
In it's business conditions IL main
tains the traditions of a glorious past,
which. In the decade Immediately pre-
ceding the civil war were sufficiently
ambitious 10 give promise Of the city
becoming a dangerous rival 10 Balti-
more which AT the time, was the rcc0g-
nized metropolis of the South.
Keeping Up With The Times.
Today its various business enterprises
keep step with the progress OF the times
and In no one particular IS this more
vigorously shown than Ia It's several
banking institutions. which IN all that
makes for financial strength added 20
wise conservatism gives them a front
rank in the banking world Of this sec
tion.
The evidence of prosperity and prog
ress is aprly illustrated in the beautiful
new banking houses, which the several
Institutions have had erected IN the
past few years. that are monuments 10
the care and intelligence of the several
direct0rates and show that Alexandra
keeps pace with the cities OF any sec
tion of the country in modern banking
buildings provided with all the appll-
ances required for the proper conduct
of the business. while at the same time
paying proper attention 10 their archi-
tecturaI design and appropriateness.
The Citizens National.
The Citizens National Bank organ
lied in 1870, In 1904 had erected the
substantial structure at the corner OF
now occupies, and ar its last report
had a deposit Of $4,000. The officers
are Edward L. DaingerheId. presidents
William H. Lambert. vice president;
W. +. Lambert cashier with a direc-
torate composed OF several Of Alexan-
dria's stanchest citizens
Virginia Safe Deposit Company.
The Virginia Safe Deposit and Trust
Corporation began business tn Feb
ruary. 1904 in the handsome new build
ing erected for its own purposes on
King street, with deposits of $4,000.
in their last report they had secured
total Of S5J9 600. and We're increasing
At a rapid pace. This concern has
a number Of branches distributed
throughout the state, ard is exclusively
at State organization. The officers are
c. ]. Rixey. president and treasurer;
John P, Robinson and G.. L. Boothe.
vice presidents. and a board Of directors
comprising men Of financial prominence
throughout the State.
The firm Of Burke e Herbert, private
bankers, began business in 1852. and
during all these more than fifty years
have held a high place as one of the
strongest private banking institutions
IN the State Of Virginia. The classic
building designed for them by a Wash
ingtOD firm Of architects and erected IN
1905. is among the handsomest build
ings in the State devoted TO banking
uses.
First National Bank.
The First National Bank dates its
existence back 10 the closing days of
The late unpleasaumess.' 80 and IS num-
bered COL among the national banks of
tie country. 1t occupies a building at
the corner of Prince and Lee streets,
that is reminiscent of the early archi-
lecture Of the country and is a splendid
specimen of the colonial days. The de-
posits at the last report aggregate
SS35, 900. which were the largest in the
city. The officers are Charles r. Hooff,
PRESIDENT James F. Muir. vice presi-
dent. and Thomas W White. cashier.
while its board OF directors are limited
to but five members.
The Alexandria National.
In March. 1904 the Alexandria Ma
tional Bank opened for business. ana at
the present time has deposits Of