Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-06-06

eral reserve bank. will discuss Trade
and Bank Acceptances."
Announcements and expressions of
satisfaction and thanks TO those who
have been active in preparations for
the success of the convention will
bring the convention to a close
While the day sessions are on the
Midland will be sailing in the historic
waters Of Hampton roads out in the
bay and up the James river, leaving
Old Point Comfort for the return trip
at $50 Tuesday afternoon.
Itinerary Of Convention Trip.
The following is the itinerary of the
convention trip:
Leave Washington Sunday, June s.
PM; dinner, 6 to pm Arrive at
Yorktown, Va, Monday. June Z, am;
breakfast, to am: business session,
$3.50 to II: lunch, 1910 to $50 pm
visit oldest courthouse in America;
Corvallis cave. Moore house (where
surrender of CORVALLIS was made) and
Temple farm. Leave Yorktown, Va.
Monday, June Z, 3 pm; business ses-
sion, to pm. Arrive at Norfolk Mon
Leave Norfolk Tuesday. June 8. 7:45
a M; breakfast, to 9 am Trip
through Hampton roads to Newport
News and lower James river: business
session, $50 to II; lunch. 1910 to 1870
pm; business session, 2 to 4:30 pm:
arrive at Old Point. 4 pm. Leave Old
Point Tuesday. June 8. $50 p.m.: din
ner. to pm Arrive at Washington
Wednesday. June 9. $50 am.
Men Who Put 1t Over.
Joshua Evans, jr., is the general
chairman OF the convention commit
tee; Frank G. Addison, vice president
of the Security Savings and CONNER
cial Bank. chairman of the program
committee; George o. Watson. chair
man of the entertainment committee:
r. V. Fleming, chairman of the SYM
postum committee, and last, but by
no means indicating position in the
matter of work and ability to perform
general utility man.
Much of the work Of arranging for
the comfort of the guests, assignment
of rooms, study of menu cards and
collection of pro rata share of the
$4,000 which the Midland cost the
bankers. has fallen on Mr.. Haynes
shoulders and glided off easily and
successfully. Mr.. Haynes is president
of the Farmers and Mechanics Bank
of Georgetown and his removal from
the civic center to suburb has not de-
creased his efficiency.
1t is said that about 1865 to ITO guests
will be or the Midland when she sails
this evening, although the big steamer
has ample accommodations for 220 peo-
pie.
If the convention is as prolific as
was the first convention 1t will be
more than successful. Representa-
tives of nearly every bank and trust
company in the city are on the pas
senger list.
Earring the Liberty Bonds.
When the various federal reserve
banks marked up their discount rates
on paper secured by government
bonds they Jared the market for
liberty bonds.
From May 20 to May 81 the trend
had been toward higher levels, but
the fact that the discount rate was
higher than the yield of the bonds
themselves resulted in some liquida-
ton and a downward trend that has
not stopped as yet. although there
has been some recent display OF
strength, though the days closing
was off 40 cents on the 500 bond of
| the 3&, $40 on the second IS, so
cents on the first Ans, S11O on the
second AIS, $3.50 on the third AIS.
i $3.50 on the fourth Az and So to So
cents on victory notes. below the high
| in discount rates.
| should Discount Election.
/ These be quiet days on Wall street
backing and filling. UP a fraction
and off a fraction, without enough
action either way to satisfy the av-
| erage speculator, and still with an
| undertone to it that is far from
being as bearish es some people in
| terpret it.
At that, it looks like a market
that could be swung in the direction
of higher prices without the use OF
a derrick, but rather with a little
good news. That 1t will go down
! further on little unfavorable news
| is not admitted. Shorts have shown
i a disposition to stand from under
and everything combines for a slow,
! steady and Sedate moYementv with