Evening star., 1921-10-29
FIRM PRICES FOR
]: LOCAL SECURITIES
Volume of Business Light.
East Washington Savings
in New Home.
BY 1. A. FLEMING.


change was unusually light even for
a Saturday. One of the most active
trading brokers was absent and this
unquestionably made some difference
in the record
While the volume was not large,
there was no disposition to force
business by granting concessions in
values. Everything on the list was
decidedly firm and near outside prices
of the week.
Capital Traction shares seem to be
begged at So. at least for the time
being. There were no other shares
traded in.
Chesapeake and Potomac Telephone
as were strong at 80. Railway As
brought 59L, and the Potomac Elec-
trio general refunding ond improve
ment as We're still quoted at 99S. and
lOO, with a light transfer at 100.
City Bank of Brookland.
This is the very latest in bank or
saniZation-the City Bank of Brook
land. That such bank is in process
of formation is all the information
available.
One of these days the field will be
fully occupied and new banks will be
matter of annual and not weekly
formation.
bui1utnS ana LOun Assets.
The annual meeting of the Building
and Loan Association Council was
held at the board room of the Oriental
Building and Loan Association, 6ln
and + streets northwest. on Friday.
The President, c. Clinton James. in
his report stated that he had reports
for the year ending June 80. 1921, from
the twenty-five building and loan as
sociations doing business in the Dis
trict of Columbia, showing a total
membership of 1851. and total assets
of s3l.3SO, ,79O.73. This shows a gain
in assets for the year ending June
80. 1921. of s2.O6S.2s3.75 and a gain
in membership of 3.602.
c. Clinton James was elected presi-
dent: William S. Quinter. vice presi j.
dent; James NJ. Woodward, secretary,
and John Shughrue. treasurer.
, The following were chosen mem be rs
of the executive committees: Charles
n. Bauman. Arthur Carr. Charles H.
kindlc. Wharton +. Lester, Julius
Maedel and James f. Shea.
Northeast Savings Bank.
This morning the Northeast Savings
Eank took possession of it's new home.
on the northeast corner of II and Sth
streets northeast.
Washington has many handsome
banking rooms, some more elaborate
and ornate than the home of the
complete nor better fitted for the
handling of the business that comes
to it.
The new building is forty by ninety
five feet, the banking room has a
depth of sixty feet by nearly forty
and the lobby of the banE about forty
by twenty feet. Is. Stanley Simmons is
the architect and James Karson the
builder.
1t is constructed of Indiana lime
stone and has a peculiarly attractive
appearance. The fittings throughout
are -the-minute and include a
first-class vault and number of
safety deposit boxes for the use of
customers.
The lighting of the bank interior
is so arranged that not a bulb shows.
all being inclosed under glass in the
tops of the railings, over cages and
other fixtures.
Few banks have the advantages
that the Northeast has in the matter
of convenience to it's patrons, for a
full-sized post office is located on the
west side of the foyer. The directors
room is on the meZzanine floor.
The Northeast Savings Bank is
strictly northeast institution: it has
800 shareholders who live in the
northeast section of the city; it caters
more or less exclusively to northeast
interests and expects to grow up and
prosper with that section.
On October Is the bank reported a
capital of 100000. u surplus of $4,000
and deposits of $i59,000.