Evening star., 1919-04-23
NAMED TO ARRANGE
BANK CONVENTION
Messrs. Mckee, Poole and
Rosenberg Will Formu-
late Program.
DUPONT'S new CASHIER
BY I. A. FLEMING.

Some time in June. at Old Point Com
fort. IL arrangements for aocommoda-
ton can be completed District Of Co
Iumbia bankers will hold a two-day
convention. If not at Old Point, then
at Deer Park. Nd. Atlantic City or
some other nearby place. Joshua Evans.
Jr.. Is chairman of the executive COM
mittee having charge of the details OF
the convention. Harry v. Haynes and
Eugene E. Thompson being his as
sociates.
H. H. Mckee. John Poole and M. d.
Rosenberg will have the program ar
rangements in charge. and Will SUD,
NIT the completed program to the fuil
convention committee for nnal ap-
proval.
1t is likely that such convention will
draw many prominent bankers from
other cities, representatives OF lnstI,u-
tiohs seeking or holding business rela-
tior.s with Washington bankers
Dupont National to Elect Cashier.
Directors of the Dupont National
Bank will meet tomorrow afternoon and
elect L. E. Schriner cashier. vice II. 0:
Jeffers resigned. Mr.. Schriner is at
present cashier of the Union Savings
Bank and is we'll and favorably known
among junior bankers Of Washington.
He Is a graduate OF the local high
schools and received his first bank train
ing in the West End Bank. became man
ager of the northeast branch of the
Home Savings Bank. later joining the
forces of the United States Trust Com
pany, to become assistant treasurer ana
assistant manager Of the 18th and H
streets branch Of the Munsey Trust
Company. going then to the Union saw
ings Bank. ..
His successor at Union Savings Bank
has not been selected as yet.
Washington Chapter Activities.
The elementary class in banking
with meet at the chapter rooms to-
morrow night E. G.. Dutton. a mem
ber of the local bar. will lecture ana
conduct a quiz on commercial law
Delegates to the annual convention
to be held in New Orleans. next fall
by the American Institute Of Banking,
Win be elected tomrrow night, and
nominations for officers Of the chapter
<or the ensuing year will be made.
Acceptable for Inheritance Tax.
r. C. Leff1ngwelI, assistant secretary
of the Treasury. calls attention to the
fact that victory AZ per cent notes
which have been owned by any one
person six months preceding his or
her death. and which constitute part
and regulations of the Secretary of
the Treasury, be receivable at par
and accrued interest in payment of
estate and Inheritance taxes due the
United States. under any present or
future law.
victory 3x per cent notes do not
have this privilege
Last Day for Conversion.
Tomorrow will be the last day on
which conversio Of 3a per cent liberty
bonds can be made. should there be
any holders who care to convert
security selling at material advance
cent bonds. into which conversion is
possible.
First 3las, tax free. may be convert
ed into AZ per cent to the extent of !
$4,000. free from, income and excess
Treasury Certificates.
A tenth issue of Treasury certificates.
$500. .0oo. 900. dated May I. books clos
Treasury Department. They mature
October Z. on which date an INSTALL
ment is due on the victory liberty
loan The installment due November
IL is the only one not covered by
certificates.
National Savings Dividend.
Directors of the National Savings
and Trust Company have declared the
regular uarterly dividend of 2h per
cent, payable May /. books closing
today.
On Local Exchange.
Local securities were moderately
strong, but rather slow on today's
session Of the local stock exchange.
Capital Traction was hrmer, the bid
price being raised to S6k, with none
offered under 81. Railway preferred
sold at so to the extent Of 26 shares.
Lanston Nonotype stock was quite
active IT 6S to IS x to IS.
Capital Traction So sold at s6H and
Railway Is at 10.