Evening star., 1921-11-13

crease suaieisntly to absorb much
Of the idle funds.
Lecal Securities.
Washington securities have paYtici-
pstsd in the activity ana strength
shown elsewhere in securities.
Attention TO tho table Of tsansac-
tiens for the year published else
whore shows that practically every
thing In the indYs!stel list stocks
Prices Il the " ys.r H 70 date. ~ '"' '''
Capital Traetion steek a. e1k Is
g tta top petnt WAehtnEtea 0As at
80 10 also high ana RStlway pre-
feIFsd 10 but Z from ~ ysaFs rec
DuFias the last week leasssathslsr
moved up sharply % 10 hish ef the
s.se:.ssisss. :siillas g iisS. ss
ssss:r s q a. n :.sr s.sss e. f.r tss as
public information II eeneaFnsd. no
reason Tor the hstteEmsAt Was given.
hnston, on the contrary. 10 but q
point or two aecvs the low Of the
year to date. which may be said to
disappointment that the directors did
not see ht 70 distribute an extra
dividend at this time, the regular
dividend being declared. Al the pres
eat time Lsnaten returns owe! per
debt and 10 said to be proopeSeuS, The
feeling that there weuid be an extra
this time and usually iadss away 4
'fs i q Ii. we bona sss''; section every local
tor. Last week ;ssseSs 81 tSs Poe %
tomac Rsfundins 10 were marketed
on change. nsaFly al ~ the top
price. l0a. This Issue seems 70 be
income 70 the buyer OF about 6.I8 per
cent interest Further ease I'M money.
q lowering OF rates, will probably
cause further advances in this and
other bond issues. all OF which are
near the best Of the year.
Matters for Consideration.
During the present week the exec
utive council of the District Bankers
Association will meet.
The matter of savings in schools
and Of an educational campaign un-
dertaken at the request of the Amer
lean Bankers Association. is being
discussed by committee Of the local
association, in the furtherance of this
educational and thrift plan.
Under the most propitious circum-
stances the banks of the city would
not, could not, show any results from
this thrift education for a number Of
years that would compensate for the
effort This work Is being pushed in
all large cities, with intent to mutual
benefit in later years. Immediate re-
suits would, at best. he nil.
Many Of the leading bank officials
have prepared talks on financial
topics in the simplest language for
MiscelIaaeous Matters.
Tomorrow directors Of the Riggs
National Bank will be told that in
terests Identified with their instttu-
tion have acquired q controlling in
terest in the Hamilton Savings Bank.
IT 10 within the possibilities that
personnel of bank officials Of pro-
posed banks during the week.
Every one 10 interested in the re-
port Of the committee of the Clear
ing House Association in the matter
of the application of the Washing
association.
Over 1000 Mensers.
Washington Chapter. A. 1. B.. now
has 1900 members on its list. J. c.
Duliu. chairman Of the committee ON
additional members az q result Of the
latest drive.
Many of these are sustaining mem
bers. who have Joined that they may
help the work Of disseminating hank
inE and financial education.
Lincoln National Bank, who recently
offered $25 and $50 to clerks and en-
ployss OF his institution who would
complete the elementary and ad-
vancsd courses, has bee nhighly COM
niended by bota senior ana Junior
= h
ployss and in the training Of the
institute