Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-11-09
HOURS Of BANKING.
STILL DISCUSSED
Local Clearing House to Try
Again for Agreement on
Uniform Time.

A survey of the British trade situa-
ton. made by the American Chamber
of Commerce and transmitted to the,
Department of Commerce. shows that
the foreign trade Of Great Britain
had a slight recovery following the
sharp decline of August.
During September the advance ball
ance of trade was reduced to Ell. o00.-
600. as against 4,000,0 600 in August.
The value Of exports increased by ca
100000. while imports fell by f50o 900.
and re-exports remained practically
stationary.
United States were more than doubled
during September over August. and
were more than three times As great
as September. 1919.
No Action Taken.
The proposed changes in banking
hours of local banking institutions
were discussed at a special session OF
the Washington Clearing House Asso-
citation last night, but no definite ac-
ton was taken.
resolution received from the saw
ings banks of the city expressing op-
position to the hours originally rec
| commended by the clearing house was
laid on the table.
1t was announced that another ef-
fort would be made to get a majority
of the banks to agree on some uni
form hours for opening and closing
at the next meeting of the Bankers
Association. which will be held in the
next two weeks.
Local Man Appointed.
Herbert H. Brown. well known in
| local brokerage circles. has been
| appointed manager of Thomson &
| Mckinnons Washington Office, which
rs to be located at l412 H street.
The firm holds membership in the
| New York Stock and Cotton Elk
| other similar institutions. 1t is ex-
pected that their Washington ONCE
will be opened Monday.
High Record.
The number of stocks, both common
and preferred, traded in on the New
York Stock Exchange yesterday was
369 issues. a new high record. The
previous record was on December 80,
1919. when 35S issues were dealt in.
Call Expected.
Bankers are daily expecting a call
| from the controller of the currency
for reports of conditions of their
banks 1t has been two months since
the last call.
Trading on the local stock exchange
today was confined to National Union
Fire insurance, Capital Traction and
Washington Railway and Electric
preferred. Seventy-eight shares of
the first named sold at IN. twenty
shares of Capital Traction brought
iS5k, while four lots of Washington
Railway preferred, totaling nifty
shares. were disposed of at prices
ranging from 56A to 56%.
There was some activity in the bond
market. trading being confined en-
tirely to Washington Railway and
Electric As. Eight thousand dollars
! worth of these bonds were sold. all in
81, 900 denominations. Three sold for
sly, two for 57A, two for SIN and
one for SIS.
Dividends Declared. -
Dividends were announced today by
the following companies to their
stockholders: Lanston Monotype. "
per cent quarterly. to stockholders of,
record Of November 20. 1890, payable
November 80. 1920; Washington Rail-
way and Electric preferred. "a per
cent semi-annual dividend to stock
holders of record on November %.
1920. payable. December !. 1890. and
D. c. Paper preferred. 2 per cent, pay
able December /. 1920. to stockholders
of record on November 20. 1890.