Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-11-23
LIBERTY BOND SALES
RECORD IS DESIRED


BY j. A. EIEMlN6.
Local banks received blanks from the
pifice Of the controller of the currency
for the next call for a statement OF con-
dition this morning, which would indi-
cate that q call may be expected within
a day or two at the longest. and that the
date for the showing will be fixed around
the COZ instant
The controller desires that banks shall
give him very full Information of their
liberty bond operations during the last
campaign and for this purpose asks the
following questions:
The amount of subscriptions to the
per cent loan, including the bank
subscription. forwarded direct TO the
Richmond bank?
The amount of As allotted?
The amount of subscriptions for
warded by other banks or intermedi-
aries?
The allotment on these subcriptionsc
The amount of subscriptions to 4s
which were not sent In to the Rich
mond bank, but were held back for the
purpose of reducing the banks SUD-
scription?
Amount of Is subscribed for by the
bank for it's own account after de-
Quoting the subscriptions held back?
The net amount of Is retained Dy
the bank over and above subscriptions
and the percentage of total resources
of the bank, of all subscriptions re-
ceived and forwarded for self and Gus
tomerSr
What amount of sls per cent bonds
Is the bank now lending on?
What amount of money is the Dank
lending on 3 11S?
what amount of money is the bank
now lending on per cent bonds, ma
turing after January l. 1918?
What is the highest rate OF interest,"
cents
on 4 per cents?
What is the average rate on such
loans? =
What is the amount of 81 and
per cent bonds held by the bank, I'M
pledged?
What amount of aus and As owned
by the bank are pledged for govern
ment or other deposits?
Replies to these queries indicate with
reasonable accuracy whether or not any
OF the important banks have been Hquidat-
ing their purchases. and may disclose the
source of the heavy selling on the open
market which has unquestlonabiy been
responsible for the decline In the Is to
s7.72, and the 3 LIS to 99.sS, based on to-
days quotations
The questions plainly indicate that the
clerical force of the banks in the United
States have another task in connection
with the liberty loan bonds.
The nub of the query, in so far as it
will affect some banks. will be found in
question relating to the subscriptions held
back in order that they might be applied
on the subscription of the bank booking
them 1t was generally admitted during
the campaign that returns were greatly
delayed.
Deposits Growing.
In the fall Of 1916. November IL. the
controller called for statement from
ported total deposit Of SIS. ls7. s2s. p. Sep
TENDER IL. 1917, the date of the last call.
they totaled $11s.441.441.os. This time
they pass this mark by many millions,
900 was subscribed to the second liberty
loan. much Of which is yet to be paid.
Bank Auditor Named.
At a meeting Of the directors of the
District National Bank, held yesterday
ated. and w. c. LOCKER of the bank force
was honored with the appointment.
Personal Mention.
Walter H. Albertson, former bank
examiner of this district, was visiting
around the banks this morning. He is
now vice president of the Metals and
city.
Name War Savings Aids.
r. l. Neuhauser. president of the To-
cal Chapter, American institute OF
Banking, has been made chairman Of
the national committee of the institute
on war savings. This committee has
been rounded out by the appointment
Of F. B. Pevereu1. Y, Dybert: F. E.
r W. Hynson. w w. Spaid, R Ruther-
ford. E. J. McQuade, John Petty and
W. NICK Stowell, all prominent Junior
bank officials of Washington.
These active young men will mobilize
the power of their organization back
of the Callahan committee to advance
the sale of war certificates and stamps,
and will have much routine work to at
tend to. In addition to making speeches,
suits.
Special Meeting.
The special meeting of the bond
holders of the Chevy Chase and Great
Falls Land Company will be held to-
smorrow morning at IL o'clock at room
Sga. Southern building.
alt is understood that plans have been
prepared by which 1t is hoped to con-
serve the interests Of the bondho1ders
although 1t may be necessary to secure
consent to extensions.
SO On the Stock Exchange.
= Mergenthaler shares featured a slow
Eession Of the local stock exchange to-
day.
: In all twenty-sevep shares sold, in
several lots, all at 1856.
5fsRailway preferred sold at SO, and
Three shares of Capital Traction at SO,
although the official closing was with
St bid; none offered.