Evening star., 1919-04-11
D. C. BANKERS WILL
HOLD Conventions
Decide on Annual Sessions.
Committee to Be Named to-
Map Out Plans
MAY MEET OUT OF CITY
BY I. A. FLEMING.

The District of Columbia BankerS
Association has decided to follow tho
lead of every state association in the
United States in holding annual con-
ventions. a two or three days session.
for the consideration of matters of
national as well as Of local import
ance- - 80. &. .-..st-t
State conventions have become i'm
portant factors in banking and the
gathering usually draws speakers of
national ability and leads to discus
s1onS that cannot fail to be helpful
to the members and guests in at
tendance
NJ. d. Rosenberg. president Of the
local organization. was authorized to
appoint a committee to work out
plans for convention and to recon-
mend time and place for holding the
first gathering. it being the sense of
the association that the convention
should be held out of the city. with
some references to Old Point Comfort
and Atlantic City as convention cities.
A committee headed by C. ]. Bell.
with H. H. Mckee, Cuno H. Rudolph.
Nd. E Allies, John B. Larner, c. W.
Warden. NJ D. Rosenberg, G. o. Wal-
son and B. A Bones was named at
the Bankers Association meeting to
represent the association in con-
sultation with the liberty loan COM
mittee on any action suggested by the
latter committee.
The Bankers Association last even
ing decided to retain the card system
used in previous liberty loan cam
paigns for use in connection with in
stallment purchases of victory lib
erty loan bonds. Due consideration
will be given to customers desiring
partments plan, contemplating six
payments.
Many Candidates Nominated.
At the meeting of Washington
Chapter,sA. l. B., held last night, NOM
nations were made for delegates to
the annual convention of the parent
organization, to be held in September.
Many senior and Junior bank Of
fcials. as well as a number of young
men, were nominated for the honors.
The list included Messrs. Addison,
Boaga Boesn Bfgs asso DeSsrssbz arSsbs Rsy1s.
Herman, McQuade, Neuhauser. Nevius.
Noble, Pollock, Seay. Steffens and
Towson.
Norris Hahn. q Appointment business
rector of the Home Building Associa-
tion. filing a vacancy caused by the
death of Edward s. Wescott
Aiding to Finance Europe. i
American bankers are anxiously
awaiting the return of Thomas W.
Lamont and Albert Strauss from
Europe. where they are now studying
economic conditions and endeavoring
to get some line on the extent to
which private financial assistance will
be needed in the reconstruction of
Europe. 4 ~ :.
To date this assistance has been
confined to extending acceptance
credit to Belgium for the purchase
of raw material, and. 1t is Likely that
future credits will be handled in like
manner. not only to Belgium, but to
other countries.
Fred /. Kent. vice president Of the
Bankers Trust Company. viii sail in a
few days, with a view of making q sur
vey of reconstruetien needs
Bankers will dc. nothing in the way
liberty loan is out of the way and the
peace treaty actually signed.
It is expected that the War Finance
Corporation will do much of the financ-
ing OF Europe, but extensixe assistance
from other sources will be nee<ied.
Railway 4s at 20 and Potomac Elec-
trio. first mortgage 5s at 97A featured
in today's trading on the local stock
exchange.
The old-time favorites on the stock
list were more or less neglected, one
small lot of Capital Traction at S5%
being practically the only sale made.
but Columbia Graphophone shares
furnished considerable activity, in
small way. the common stock selling
at 342 to IA and the preferred at IS.