Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-06-10

CO1Ouy VI
The Commercial Bank has neighbors in
the same line Of business, for next door to
II. on G street, is the home of the City
National Bank while on the l4th street side
and Just little to the north is the office
OF the Union Savings Bank. Mr.. E. Quincy
Smith, the vice president of the latter, in
speaking OF the locality. said that the
sauare where his bank is situated Is the
center practically of eleven banking instt-
tutions The bank with which he is asso-
ctated and also the Washington Savings
Bank Of which he Is president, intends 10
occupy the l4th street portion of the former
home OF the American Security and Trust
Company so that when the Washington
Savings Bank moves there the number OF
banking institutions in that Immediate To-
cality will be twelve instead OF eleven
The president of the Commercial Bank
Mr. Frederick c. Stevens. is of the opinion
that the northwest corner OF 18th and u
streets is the best business corner in the
city. The same opinion has been and Is
expressed in regard to other corners of
I4th street. which serves to emphasize the
Importance OF that street In the business
life OF the city But Mr.. Stevens has
reasons for such a belief. and 1t is not
meant 10 be implied that others have not.
One reason that Mr.. Stevens has Is that
more people pass that corner than any
other in the city.
Importance of g Street
Still another reason grows out of the flu
tuFe Of G street, which Mr.. Stevens thinks
Is going to be one OF the most important II
not the important business street Of the
city It is to be the principal connection.
he says between the union depot and the
Business section OF the city. to say nothing
OF an important residence section, ana,
owing TO its width he is OF the opinion that
q is to be a popular street for business
places This is based largely on analogy
in other cities where the principal business
streets are uniformly narrow Exactly WY
this should be so Mr.. Stevens does not
profess to know. but he says that II Is d
fact.
poratiOn OF Moore Il Hill established It's
offices at III l4th street Il was looked upon
as a pioneer movement In the business eX-
tension OF that section OF the city. In
fact Il may be said that the office of Moore
& Hn at that time was looked upon as
little out Of the way on the edge OF the
center Of The city. When IL Is considered
that such a judgment was possible only
five or six years and even less, and when
70 is realized what the location is today
some idea can he formed of what has
taken place So rapid have been the
changes following one another SO closely
that il is difficult for persons who have not
lived in the city constantly TO really grasp
the fun scope OF what has happened. 1t
does not seem possible that any location on
the block on 18th street between G and
New York avenue could have been even
as recently as q few years ago regarded as
nos in the business section OF the city.
Need Of More Room.
However such IS the fact. and no one.
perhaps appreciates Il more thoroughly
than do the members OF the corporation OF
Moore & HI for they find that their BUSH
ness has grown way beyond what they
imagined In their most sanguine moments.
and one OF the problems that they have mad
almost constantly with them Is to provide
Office accommO dations for their force or
employees and 20 give proper facilities FOR
their customers. With them. Mr..
William a Hin. the president OF the com
pany. remarked the ratio of increase In the
volume OF their business has been con-
stantly growing and each year shows an
advance over the previous year.
a In the Bond building, with an entrance