The Washington times., 1911-12-10

the home street OF many institutions.
Chapman q Co., Miller & Co, Post &
Flag. Hutton q Co. Hibbs q Co.. and
In Washington or to other locations.
The Stock Exchange Is still left ana the
time is not far distant when 1t will take
up It's chairs and walk.
Hibbs q Co. moved some time ago up
to the Hibbs building.
Rumor says trat there's another New
York house coming here--the first Of the
the new financial district Is growing
apace.
A year hence what will II be-? over
N1,O0000o capital in Washington trust
companies. 80
Some OF our savings banks have been
doing things the past week, The Citi-
zens' Savings Bank, In line with recent
the ranks of the dividend payers with
its Christmas present of per cent to
Its shareholders. 1t has been coming 81
fast that the pace has surprised those
who are more intimate with its insids
Moreover, the pace has been stately
In steady growth and, II the officials
are to be believed, It win not be per-
corner Of New York avenue and Fiji
teenth street by the Baltimore and Ohio
railroad will probably keep the Citi-
zens cut Of their new bank building
Nania lease-but leases will expire-and
dates in the future will mature.
g. J. Henry is now vice president
That ought to put an end to the de-
lightful coon hunts down in the woods
around Chesapeake Beach!
Started on the second day of Dscem-
Der, 1907. in the flag end Of the financial
brainstorm Of that awful year. fighting
bravely and finally reaching succcss,
the Bank OF Commerce and Savings,
nee Dime Savings Bank. has Joined the
ranks Of the banks that pay dividends
ther tSs Two per cent
deposits Of the institution are now
nearly $500. 900. But the wisest thing In
connection with the management of the
Bank Of Commerce and Savings was
bank building, and Of the site on which
1t stands on the northeast corner Of
Seventh and r streets.
A splendid bargain, with q handsome
cares to gather 1t In. And to this stage
has the institution come, four years
after its organization-it has q building
that would. II necessary. pay the divi-
business were not as profitable a. II Is.
Going some.
Watch the Merchants and Mechanics
and the Home Savings banks growing.
You can almost see 1t. Money in saw
ings banks.
Installment houses claim that collec-
tons are rather poor. Usually they
cout on al, getting IN about 10 to Il per
are collecting to . per cent sof INSTALL
ments
Naturally. people are buying Christ
taken literally this year in a way that
the last few days.
Why is February the best month In
the .ne,; year for collections on instaiiment
1t may be because people can not get
out of doors very much in that month;
that the cozy corner appeals rather
that the wild extravagancies Of Decem-
Der lead to frugalities in January and
Thursday night the Stock Exchange
will feed the District Bankers Associa-
ton. Some dinner?
Local bankers are having many in
9uiries from banks al over the country
Naturally. they are wanted for Christ
mas distribution to children and grand
children, etc. Denver Is the only place
where minis are busy. and all the brand
new f911s are coming from that place.
Southern bankers ought to send to New
Orleans, through which the applications
are received. Western and Eastern
bankers may send applications here,
where funds are deposited and orders
sent to Denver for shipment
And a savings bank board Of direc-
tors and some others dined the other
evening at a prominent hotel-not much
been said about that dinner. Some
thing may come from 1t.