Evening star., 1920-03-13
DALE S. VENABLES
ELECTED CASHIER
Accepts Position With New
Standard Savings Bank
Here.

Dale s. Nenables today accepted the
caShiership of the new Standard Saw
ings Bank at "A meeting of the board
of directors of the bank held at the
Offices of Gardiner & Dent. III 14th
street
Mr. Nenables has been connected
with the banking business in WASH
ington for the past thirteen years.
all of which time he was associated
with the Home Savings Bank, where
he acted as assistant treasurer. and
for ten years was manager of the
Northeast Branch of that institution.
He will also act as secretary of the
organization.
VIII Remodel building.
The Standard Savings Bank. of
which Algernon S. Gardiner is presi-
dent. T.. ID. Williams and j. Rozier
BigEs, vice president and I. S. d.
Sauls. treasurer. has purchased the
southeast corner Of 9th street and
New York avenue. where the building
will be remodeled into one of the
handsomest banking institutions In
the city.
According to plans submitted by A.
Hamilton Wilson and Frank 7. Pier
son. architects. submitted to the di-
rectors today. the first two stories OF
the new building Will be finished in
stone. while the upper two will be OF
stucco. \ commodious banking room
36xT0 feet. will occupy the ground
Hoor. and the rest of the space will be
taken up with safe deposit vaults.
The new bank will be opened to the
public on Monday. March 30. arrange
mcnts having been made whereby
temporary quarters will be erected In
the building Immediately joining the
building on the corner.
T. h,,,, l. \ .ie
nified their intention of attending the
open forum meeting of the Washing
| ton Chapter, American Institute O.
Banking. at the New Willard Hote
tonight. when John Moody. financia
expert of New York. will be the prin
cipal speaker.
! Mr.. Moody who for years has com.
| piled and published the Moody Man
uals used by all bankers. will take a!
his subject "The Financial Outlook,
and as he is considered one of the bes1
authorities in America on financia
matters a large attendance is assured
| Victor r. Deyber, president of th'
local chapter. said today that the as
sociation felt very gratifed that !
was possible to have Mr.. Moody ad
dress them. and that judging from th'
communications he had received dur
ing the week he thought 1T possible
that every bank in Washington woult
ne a. ShS
night.
At the conclusion of his address. Mr.
Moody will allow himself to be qutZzet
by the audience. The meeting VIII p'
called to order at o'clock.
Extra Dividend Declared.
! At a meeting of the directors helt
yesterday. the Farmers and Mechanics
National Bank of Georgetown declared
an extra dividend of 4 per cent Tit
dividend is payable April l to share
holders of record March IS.
On the Local Exchange.
Trading on the local Stock Ex-
! change was quite brisk today. Five
| 81 900 and two $500 Washington Gas
| is sold at 81. while after call $4,000
worth of the same bonds sold at the
| sa me price.
| There was one $1,000 Metropolitan
! railway IS sold at 81. one Potomac
| Electric 1st mortgage 5s at 90 ant
two 81 900 Riggs Realty Long) 5s al
| 80. Three lots of Capital Traction. to.
| falling twenty-three shares, brought
! ST. while three lots of Washington
| Railway and Electric preferred TWEEN
| ty-five shares in all, sold at 50.
| After call, besides the Washington
Gas bonds referred to. two lots of the
| same company's stock was disposed
J of. one Of twenty-five shares, at 46A
! and the other of five shares at 46k.