The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-09-10
CRISSINCER ASKS
FOR CONDITION AS
OF CLOSESEPT. 6
Bankers Expect Loss, But
Reporting Institutions
Show Advances.
OTHER LOCAL NOTES
D. c. Issues Dull-Roman
Trust to Provide for For
eign Depositors.
OTHER LOCAL NOTES

me periodic call Of COMPTROLLER
OF the Currency Crissinger, which
has bsen expected daily for the
past week or more. was issued yes
terday morning asking for a state
pent Of condition of all national
hawks and every bank In the Dis
trict as of the close of business
September s.
While no one will offer a predic-
ton as to the net showing, the
consensus OF opinion among lead
ing local bankers Is to the effect
that IL District institutions break
even" for the period in question
they are doing very well. This,
taking into consideration the heavy
withdrawal OF Treasury deposits
and the usual dull season of the
year when almost everyone Is
Withdrawing funds to take care OF
vacation expenses.
Returns reaching this ONCE yes
terday surpass by far the fondest
hopes of local financiers. Report
ing banks. with few exceptions,
showed substantial gains over the
previous period. some Of the lead
ers being, approximately. as fol-
lows: American Security and Trust
Company. s425.0o0; National Saw
tngs and Trust Company, S290.000;
National Metropolitan. $685.. 900:
Federal National. s13s.oo0: Frank
lin National. $4,000: Mount Yer
non, $4,000: Union Savings. ss2,-
900; Merchants. 100000; Citizens,
$4,000, and American National,
$4,000.
Local Securities.
Trading on the Washington Stock
Exchange was again moderately
dull during yesterdays trade.
Washington Railway 4 per cent
bonds furnishing most activity.
Sales aggregating $4,000 Of this
issue were made at 81 y. while the
general IS Of this company sold to
the extent Of 5000 at 81. Wash
Ington Gas III per cent notes con-
cluded bond trading with $1,000
changing hands at 1921.
The stock list was extremely
quiet. small lots of Capital Trac.
iton at 81. Mergenthaler at 11s, and
Railway preferred at 5sh repre-
sentinS the entire trade.
Call money ruled at Z per cent
asked and s per cent bid.
Personal.
A. H. Bedford. assistant cashier
Of the National Metropolitan Bank,
Is out OF town on a short vacation.
Roman Trust Replies.
Recent criticisms of the tendency
To. organize nativity banks" that
dkbend upon natives OF certain
countries for their deposies are met
by the modern methods of bank
ing company soon to open its doors
u, this city. contend officials of the
Roman Trust Company. Before the
World war there were German
american" banks, they point out.
'-Sxedish-American banks and
similar institutions galore. Since
the conflict ended IL is difficult to
Ioeate many OF the hyphenated con-
Germs.
1T. is well known to experienced
fihanciers that there is large pro-
portion of the population of all big
cities. mostly foreigners, who for
lack of confidence or other causes,
do not bank their savings. Their
boarded funds are either kept on
their persons or in more or less
secure hiding places about their
homes. inviting assault and rob-
bery by hold-up men and. other
thugs
IN OTQeE 10 TCdCh inns NAoSos feHN
recently formed Roman Trust Com
pany Of this city plans to have
Fellow natives Of high standing in
the community to fill the positions
Of tellers. clerks and interpreters,
besides being members Of the board
Of directors. For instance. when an
Italian goes to the bank he will
not be confused by the brevity of
his own English vocabulary and
the dett and difficult English Of
the institutions officials. but will
find ready to serve him fellow
countryman who is an ofhcial OF
the bank. .1s
: Col. ". A. Winter approximates
that the amount OF boarded and
hidden wealth in the District is
suficiently large to write pros
nrrity" for any banking concern
that can control it and put it into
circulation.