The Washington herald., 1920-11-25
A. |. B. CALLS
lBEARING FRUIT.
Chairman Deyber Of New Member
dip Committee Reports Progress
In Present Drive.
LOCAL TRADING AGAIN LIGHT
Washins ;sn Railway and Electric
Company to Meet Bills Apprexi
!, mating Half Million Dec. I.

Victor B. DeyDer, vice presioene
bf the Second National Bank and
chairman of the new membership
eommittee, Washington Chapter,
american Institute of Banking, re-
ported yesterday that II present re-
ports can be taken as a criterion,
The goal of 1000 members by next
Saturday night will be reached
The committee is conducting its
one weeks campaign along rather
Arduous lines where expense Is
treated as a secondary considera-
tion. A night letteg-was dispatched
10 every bank president in WashN
fngton requesting their co-opera-
tion, araft of Literature dealing with
the advantages Of - the Institutes
diploma was sent out, and an ap-
propriate poster was placed in all
banks in the District.
, Memberships in the local chapter
totaled 407 names when the present
campaign was launched last Mon
day morning, while at noon, yes
terday. the total approximated 500.
All bank employees are eligible to
membership as well as fiscal agents
OF the government.
No trading was indulged in dur
ing the regular session on the WASH
ington stock Exchange yesterday
morning. After call, moderate
activity was shown. and quite a
little trading, mainly in shares, took
place.
= A sale of one $500 washington
Gas per cent bond at 76b and a
Potomac Electric Power General
Mortgage s per cent bond at sSh
represented the bond trading.
Washington Railway Electric
common stock was disposed Of to
the amount OF twenty-six shares, at
81. Twenty-Five shares OF Capltal
Traction changed hands at 30 "a
twenty-five shares of Washington
Gas was traded in at Az while
sale of one share of Mergenthaler
Linotype at 124 concluded the ses-
sfon.
The exchange will remain closed
today.
The major expenditures Of the
Washington Railway and Electric
Company to be met on December
constitute the payment of preferred
dividends which aggregates S212,-.
500, and the interest on the out
standing bond issues which totals
s263.s47-
/, The Potomac Electric Power Com
pany will also pay interest total
ing S42,50o on their bond issues on
the above date
TH board of directors of the
Washington Railway Electric
Company held their monthly meet
ing at the company's Offices yester-
day afternoon Nothing outside
routine matters came up for dis
cussion-
:. Directors of the Second National
Bank held their weekly meeting at
the institution yesterday afternoon
when only routine busiess was
transacted
The weekly meeting of the ad-
vanced class, American Institute OF
Banking. scheduled for tonight. has
been dispensed with in order that
the students may properly enjoy
their Thanksgiving dinners Attor-
ney r. B. Dickey will have charge
OF the class at their next meeting
which will take place in its regular
turn
AT the meeting Of the elementary
class, held Tuesday night, H G. Hof-
kinson, note teller of Riggs National
Bank, addressed the members on
Promissory Notes and Discounts,
Collateral and Mortgage Loans.
After the regular meeting, W. ].
Waller of American National Bank
conducted a quiz on Protests. c. d.
Boyer, president of the chapter. pre-
sided.