The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-12-11
BUILDING PERMITS
ENJOY HUGE GAIN
NLOCAL SECTION
Total of s3O,3OS,OOO, How
ever, 1919 Under Total
For October, 1921.
OTHER LOCAL NOTES
ID. {. Issues Active in Closing
SessiOn-New Bank Sue
cessfully Ushered In.
OTHER LOCAL NOTES

bulldlns contracts awarded dur
ing the month of November in the
Middle Atlantic States comprising
southern New Jersey. eastern Penn
Syivsnia. Delaware. Maryland. Dis
trict Of Columbia. virg MIA and the
Csrolinas) amounted to s3e,3Os.O Oo
hich was more than double the
heure for November. 1920, but 10
per cent less than the total for
october. 1921. The November total
included: SI0.44S. 900 or "a per cent
Tor residential buildings; $685. 900
or % per cent for public works and
utilities; s4,7S6.OO0 or 16 per cent
Ter business buildings and $3.50
600 or IL per cent for educational
buildings.
Total contracts awarded during
The first eleven months of this year
amounted to s322.312. 900 which s
somewhat greater than the average
eleven-mOnth total for the preceding
nve years.
Contemplated new work reported
for this section in November
amounted to s49.O22.OOO which is SIS
100000 more than was reported in
October.
Contracts awarded during the
month in the twenty-seven North
eastern States of the country. ac-
cording to the statement Of the F.
w. Dodge Company. amounted to
Sl92,3l1 900. This figure is As per
cent greater than the figure for
November. 1920. The November,
1921. total was "a per cent under
the October figure. although the av-
crage per business day in Novem-
Der was very slightly less than IN
October. The normal decline from
October TO November was "a per
cent.
Local Securities.
Six deals In Mergenthaler yester-
day on the Washington Stock Ex-
change. marked the retErn of that
security after two days quiet, the
price starting at 1870. but quickly
going back to 1909. Ten shares
went at the high OF the day, while
forty FIVE went at the last named
figure
Potomac Electric G. NJ. SIS. to the
extent Of $4,000. changed hands In
the other feature sales OF the ses-
sion. 81, 900 going at 1914 and $4,000
AT sSk. At the opening a $1,000
bond OF this security sold at 81
q 1
tent Of FIVE. sold at 90, while ten
T shares Of Washington Railway pre-
fcrred went at So Thirteen shares
Of Commercial National Bank stock
sold at l2S, while ten a few mo-
ments later sold at $50.
Near the close OF the session
900 Washington Gas sold at
9Ula.
Personals.
At the regular meeting of the
Washington Chapter, Amer can AS
sociation of Engineers, held Friday
night. Victor B. Deyber. president
Of the Second National Bank, ad-
dressed the gathering on Loans and
Discounts" and W. ]. Waller, presi-
dent Of the local chapter. American
Institute Of Bank ng. lectured on
Drafts and Letters OF Credit.
This association meets on the sec
ond Friday of each month at 1917
New York avenue.
Francis NJ Savage, president of
the Northwest Savings Bank, is on
his annual visit to Gard, Ind. in
ings there.
Dividend Declared.
At the regular meeting of d.
rpctors OF the AnaCostta Bank, the
usual semi-annual dividend of per
cent was declared and an additional
disbursement of l per cent, both
PAYABLE January 2.
New Bank opens.
An attendance in excess OF fond
est expectations successfully ush-
rrsd in the Banking Trust and
Mortgage Company yesterday.
During the afternoon and evening
a reception to the institutions de-
positors and friends was held at
which time a minute inspection CT
the entirely renovated building was
had BY everyone.
Dozens of floral tributes from
friends and business houses in and
around Wash ngton provided a
beautiful interior decoration.
GUIDE Seriously Ill.
Adolph GUIDE. a director Of the
Anacostia Bank, is seriously ill,
and fs confined at Emergency Hos
pital.