Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-03
RESERVE BANK OUTLINES
NEW WAR STAMP PLANS.

The Federal Reserve Bank of Rich
mond has made an announcement.
thrift stamps and war savings stamps
of the series of 1918 and 1919. That
part of the announcement dealing
with the conversion of thrift stamps
into 1919 war savings stamps says:
The same thrift stamps and thrift
cards used in 1918 will be continued
in 1919 and will be exchangeable into
the 1919 war savings stamps in the
same manner as they We're exchanged
during the past year into 1915 war
savings stamps. Thrift cards. there
fore, that were not filled out by De-
cember 81. 1918, may have additional
stamps put on them after that date
and may then be converted into 1919
war savings stamps at any time dur
.ng 1919
The announcement says that war
savings stamps of the series of 1918
affixed to 1918 war savings certificates
do not have to be exchanged for 1919
war savings certificate stamps, but
are good in them selves for IS each on
- u
the 1915 certificates are entirely or
only partially filled. Moreover. the
1913 war savings certificate stamps
are redeemable at money-ordcr post
offices at any time before maturity
on ten days written notice but
should not be presented for redemp-
ton except in cases of most urgent
necessity. The sale of 1918 war saw
ings stamps was discontinued Deem
Der 81 and agents having 1918 war
savings stamps on hand al that time
may collect on them or exchange them
for 1919 stamps by following the pro-
cedure given in the announcement
but as already said there is no neces-
sity for returning unsold thrift
stamps, as they are convertible into
1919 war savings stamps.
Agents are urged to continue to
serve and push the work of selling
stamps. The concluding section of
the announcement is this: 1T will be
necessary to push the sale of war saw
.ngs stamps in 1919 even more ag-
excessively than was done in 1918. It
is earnestly hoped therefore that all
banks and other agents who have
rendered this patriotic service in the
past will render it during the coming
year. To do so you will not need to
make out new applications for APP
pointments as agents. Your continu-
ing to sell thrift stamps after Decem-
otI 81, 1910, >OT yUCT or az
ceptarce for resale of stamps of the
new series will automatically continue
your appointment as agents"
A little group of stock market ex-
oerts was sitting in the big leather
cense from rich Havanas. 1t was a
quiet hour. The ticker had done its
work for the day. The men were dis
,ussing the future In the group were
Mr.. Spaid, John L. Walker the assist
ant cashier: Charles oswell John
Howell, Mr.. Ridenour and a few 9TH
ars. One of them said:
Il am no: sure whether stocks will
go up or down during the period OF
but with government
price fixing ended and the railroad
question on the program for settle
rent. prices should move up or down
IS they have been doing for a good
many hundred years. 1t is rather hard
TO foreteil the market from day to
lay. Many systems have been invent
ed to do this and may OF them have
been excellent systems, but each has
been defective in one small point-it
would not work
Eugene E. Allies, assistant vice pres
ident of the National City Company.
the appointment of Richard
w. Hynson as district sales manager
Of the Washington Office. Before join
ing the National City Company Mr..
Hynson was with the American Sc
curity and Trust Company for ten
years.
James B. Skinner, assistant treas
urer of the Liberty Bank, who has
been serving in the Navy. has re-
.urned to his duties at the bank, on ir1-
definite furiough. r,-...
George Watson, president of the
Bank, has returned to Wash
in91Dn.
Robert N. Harper. president of the
District National Bank. was in his
office today after two days absence
on account of sickness.
Bronze Tablet for Army Boys.
The @4tional Metropolitan Bank
will place in the wall of it's lobby
a bronze tablet Inscribed with the
names of those men of the bank force
who left their civil duties for serv-
ice in the great war. Suitable desig-
nation will be made of those bank
men who suffered the supreme sacri-
fee. 1t would be possible for the Ma
tional Metropolitan Bank to erect
tablet bearing names of its
men who served in the revolutionary
war. the second war with England,
the Mexican war. the civil war and
the Spanish war. The list of names on
the tablet soon to be emplaced Is a
long one and will be announced at
the time of the unveiling.
Hugh H. Harston and Fendall
CoughIin of the National Metropoli-
tan Bank have dotted their khaki uni
forms and returned to their duties at
the bank.
Raymond McBurney Of the force Of
w. B. Hibbs & Co, released from
service. has returned to his
work with the firm.
James P. Warburg. son of Paul III.
Warburg, chairman of the federal re-
serve board, has Joined the force Of
the National Metropolitan Bank
On<fhe Washington Stock Exchange
today $500 Washington Gas 5s sold at
SO, $4,000 Washington Railway and
Electric ds at "a. 81 han T'osornac EI.c-
tric first SIS at s6h1s, $4,000 Potomac Elec-
trio consolidated SIS at IS "a, nine odd lots
OF capital Traction at 871s, S7s. and
81 Y: three five-share lots of Lanston
at 66A. 66H and 81. and two shares of
at 133A. After call
three shares OF Washington Gas sold
at 55a and ten shares Liberty Saw
N erS po OF