The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-12-08
POLAND PUTS BAN
ON CERTAIN ISSUES
OF MARK CURRENCY
100, 500, and 1000 Demon
nations Affected by
New Ruling.
GAS FIVES ACTIVE
Georgetown Issue Features d.
GAS FIVES ACTIVE
Georgetown Issue Features d.
c. Trading-Gov. Harding
To Address Local Body.

me Polish State Loan Bank An
nounces that beginning December Is.
1891. certain issues Of banknotes will
no longer be accepted as legal ten
der. according to announcement to
be made by the Department OF Com
merce today. These currencies com
ing under the new ruling consist OF
the 5OO-mark notes issued January
is, 1919. similar to those issued dur
ing the German occupation. and sign
ed by Kirpinski. Chamiec and Kar-
pus: 100-mark notes issued February
Is. 1919. printed on white paper with
pink tinge. showing portrait Of Kos
ciusZko. Chamiec and Karpus, and
the 1.0O0-mark notes Issue of May
II. 1919. printed on white paper with
pink tinge. showing portrait OF Kos
ciuszko. and signed by Adam. Ear
zycki and Karpus.
The above banknotes will be uni
versally accepted by all governmental
institutions for the payment Of any
official dues only until December Is.
1921. After this term. no obliga-
ton exists to accept them for such
payments and they can be exchanged
against bills of the second issue only
IN the Polish State Loan Bank until
January Is. 1922. Beginning with
January 16. 1922. the Polish State
loan Bank is under no obligation
10 exchange such bills.
Local Securities.
GeorCetou Gas Sc to the extent OF
$4,000 were the leaders in the trading
on the Washington Stock Exchange
Yesterday. three deals being made.
zach of $4,000 Of the security. the
ri -
deal WIS the first in the security for
some months.
At the opening 5000 in Potomac
en- SIS sold at 9SIs. after which
twenty-five shares of Washington
Railway preferred brought 50. and
eight Of Commercial National Bank
changed hands at 1861.
There was trading in both type
settlers. five shares Of Lanston SELL
ing at 70, and ten shares of Mergen-
thaler at 100.
Call loans were offered at per
cent. with S per cent bid.
A. ?. n. Meeting.
Raymond B. Dickey. prominent To-
cal attorney. will address the ad-
vanced chapter. American Institute
OF Banking. tonight on Corpora
tons" Mr. DiCkey will cover fully
every phase Of this subject.
John Il. Larner. president of the
District Bankers Association accom-
panied by Alexander Dunbar. presi-
dent of the Bank of Pittsburgh. unex-
pectedly attended the session last
Tuesday night. both making short
addresses.
Chamber Of Commerce.
Gov. W. p. G. Harding. head of the
Federal Reserve Board. will be the
principal speaker at a gathering of
the Chamber Of Commerce to be he'd
in the Willard Hotel December IL.
and will discuss THE Federal Re
serve System. and Its Relation to the
General Business situation
Members OF the Senate and House
or Repre- Ecntatives. Federal and Dis
trict government officials, officers and
directors of local financial houses and
others prominent i'm civic. financial
and commercial circles have been in
Nited to he present.
Reception Committee.
II. II. Mckee. chairman OF the re-
Csption committee for the visiting A
r. A. delegates. yesterday announced
his committee will consist Of the
bank presidents OF every member
bank OF the District Bankers Asso
cation.
Haynes Awards Contract.
The York Safe and Lock Company
Of York. Pa. has been awarded tho
contract for the massive safe for
the new Farmers and Mechanics Ma
tiOnal Bank OF Georgetown.
Department saving. Club.
officials of the Department Bank
yesterday advised that within the
next day or so checks totaling ap-
proXimately $4,000 will be mailed
IL approximately 1000 members OF
the banks Christmas Savings Club
The MAJORITY of the recipients are
government employees.