Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-10
Views in New York.


ir a summary of economic conditions,
pins its faith to the future. 1t says that
the industrial firms and corporations of
the country are generally in a strong
situation, having reduced bonded in
debtedness and built up surplus ac-
counts during the last three years of
activity. Business houses. as rule,
have accumulated reserves. and the
credit situation, although extended, is in
good shape.
The only unfavorable feature in the
situation is the check which is Incl
dental to the change from war condi
tions to peace conditions That is in
evitable, 1t says. and the reasons are so
Underlying this temporary hesitation
there is abundant confidence in the fun
damental elements of the situation.
The Steel Situation.
A slight increase in the volume of
the steel and iron business marks the
first week of the new year, accord
ing to the Iron Ages summary of the
conditions in that trade. 1t says that.
no significance can be attached to that
for there are no signs as yet of
buying movement.
A few steel departments are OPP
Grating at IS per cent of capacity. but
the general average is nearer 65 per
cent. At that the present rate of
production is equivalent to 90 per
cent of the capacity of four years
ago.
All the financial institutions of Wash
iIhgton have transacted business during
the war under the handicap OF reduced
forces of employees thoroughly trained
in the various branches Of banking. 1t
has been necessary to find suitable and
adaptable men and train them in carry
ing on the extra heavy work of the
banks. The number of men who have
left these institutions to otherwise serve
their country is perhaps about the same
Of employees.
The American Security and Trust
Company lost the services of the follow
ing men who went into the military
service: Jerome Barnard, Kenneth
Brooks. William Bowie. Sargent Cole
Alfred G. Flather, William Flood. Gou-
yenor Hoes, T. Stanley Holland Will
lard j. Horn. S. Theodore Howard
Charles W. Hume, Horace johnson.
Irving Potts. l.. Pierce Riddle. c. Ora
ham Rice. Alfred w, Sherman. Worth
f. Shouts. Henry Tilton. J. Douglas
Wallop. jr.. and A. Stuart Young.
The following named men and women
of the American Security and Trust
Company left that company during the
war to take service under the govern
ment in other than the military branch:
Katherine Dent, Rosebud Dillingham;,
Carl F. Ehninger. Edward c. Haneke,
John Mahoney, Paul Moore. Eloise PEN
mock, Martha D. Taylor and E. Walsh
Red Cross Enrollments.
E. J. McQuade, treasurer of the
Liberty Savings Bank and chairman
Of the committee to enroll the bank
employees of the District of Columbia
as members of the Red Cross for 1919,
has transmitted his report to Frank
J. Hogan. chairman of the Red Cross
Christmas roll call.
The total number of enrollments
was 1857. Mr.. McQuade inciosed a
check for s963.35. the amount collect
ed by him
The following institutions turned
over their enrolment money and en-
rollments to the Red Cross solicitors
stationed in the different banks or re-
mitted direct to Red Cross headquar-
tiers: Washington Loan and Trust
Company and it's branch office at 18th
and G streets. Home Savings Bank
and its branches, Second National
Bank, Federal National Bank and
National Metropolitan Bank, a total
of 204 enrollments.
The following trust companies and
banks enrolled in the Red Cross 100
per SChe "a $500 y soi'iSi' HHAcil SdH
Security and Trust Company, CONT
mental Trust Company, National Saw
ings and Trust Company, Union Trust
Company, Washington Loan and Trust
Company. American National Bank,
Dupont National Bank. Farmers and
Mechanics National Bank, Federal Ma
tional Bank, Franklin National Bank,
Lincoln National Bank. National Capt.
tai Bank. National Metropolitan Bank.
Riggs National Bank, Home Savings
Bank, Liberty Savings Bank, Park
Savings Bank. Seventh Street Savings
Bank, United States Savings Bank,
Union Savings Bank, Central Savings
Bank, Equity Savings Bank, North
Capitol Savings Bank, Northeast Saw
ings Bank, Northwest Savings Bank,
Washington Savings Bank. Bank of
Commerce and Savings, Security Saw
ings and Commercial Bank, McLachlen
Banking Corporation. Society for Saw