Evening star., 1918-06-09
though admittedly the outlook OF the
immediate future is not tempting.
Junior Bankers Interested.

The annual examination Of members
Institute of Banking. will be held
Thursday evening June 27. A prepara-
tory quiz will be held next Thursday
evening in the chapter rooms and
again the second Thursday.
Candidates desiring to take the ex-
animation should communicate with
e. j. McQuade. at the Liberty Savings
Bank
These examinations are not readily
passed save by one who has followed
carefully the course of study pre-
scribed. Moreover they cover techni-
cal banking and legal problems that
the bankers are frequently called upon
to dispose of in the course of their
business
Bankers realize that graduates of
the work of junior clerks and ad-
vancement than those who lack the
legal knowledge and chapter training.
and these are the ones that are win
ington no less than in every other city.
Want the Two-Cent Piece.
There is a very general demand
from all sections of the country for
the coinage of two-cent pieces. The
double copper was not especially use
full in its day and soon passed out of
favor and was forgotten.
Bills have been introduced in both
branches of Congress- for the coinage
of the two-center to f1ll a demand
created largely by the general price
of the papers of the day.
Against Deposits Guarantee.
The Chamber of Commerce of the
State of New York has gone on record
as giving full Endorsement to the
resolution Of the Clearing House AS
sociation of New York city. against
the proposed legislation suggested by
the controller of the currency for the
guarantee of bank deposits under
$1,000.
The committee on finance and cur
rency of the New York Chamber of
Commerce is composed of Frank A.
Vanderlfp, chairman; Albert H. Wig
gin, James S. Alexander, William
Woodward. George, B. Cortelyou,
Theodore E. Burton and Thomas W.,
lamont decidedly able and dis
tinguished gathering of well known.
bankers and business men.
Local Securities.
Conditions on the local stock ex-
change remain unchanged. with busi-
ness restricted to very few transac-
tions, and the list, with the exception
of Capital Traction shares and bonds,
grinding along at or near the bottom
prices of the year. Bank shares are
in the same class with the utilities, so
far as being at the low range is con-
cerned. With the year now in the
sixth month the total transactions in
public utility shares, 2,162 shares, in
dicates the prevailing dullness.
Henry Clews Confident.
Henry clews has this to say: "The
recent strength of the stock market
reflects general soundness of the
nnancial situation. as well as uni
yersal confidence in the future, the
latter being largely inspired by un-
shaken belief in ultimate. victory.
Prices fluctuated sharply at times,
owing to profit taking and conflicting
reports from the front, but the pre-
vailing trend seems to be optimistic.
The break In coppers also checked the
advancing tendency. A notable change
for the better was the increasing sup
ply OF time money and slightly easier
rates, due, presumably. to the war
taxes being practically provided for.
Until preparations for the next loan
are in order. the money market should
have fairly plain sailing. At no time
since our entrance into the war has
the outlook been more reassurinr or
less confusing. The process of mob
fllzing the economic machinery of the
country on war basis and placing n
under government direction has been
almost completed. while business is
becoming more and more accustomed
to the new conditions and is running
with increasing smoothness under fhe
new regime"