The Washington herald., 1921-11-03
BIDS OPEN TODAY
FOX ERECTION OF
NATIONAL BANK
Farmers and Mechanics
New Home Spurs West
: Side to Action.
OTHER LOCAL NOTES
Hight Made Director; North
west Savings Directors to
Dine; A.I.B.Meeting.
OTHER LOCAL NOTES


Bids for the general contract
leadinsko the erection of the Farm
ers and Mechanics National Banks
elaborate new home viii be opfned
this afternoon at 2 o'clock. accord
kng announcement made By Pres
ienti AArry V. Haynes yesterday.
the same time the vault bids will
so be opened. Announcement Of
e contractor chosen win be forth
ming in the next two or three
Us, 1t being impossible to go over
papers earlier, ina smuch as ev-
bidder must comply with seven
niue elosely-typed pages Of speci-
lions
me vault bids VIII provide for
Z instauation OF four vaults. con-
sting OF the main one, two wing
auIts leading from the main vault,
nd q Trunk vault which will oc-
upy basement space. The money
Faults win be on the main floor, 1t
|is understood.
The proposed erection of the
LFarmefs and Mechanics new build
fng Is already having its effect on
he immediate vicinity in particular
md Georgetown in general. Here
md there old buildings are being
ICED and remodeled, small stores
e beinE replaced with larger es-
elishments, etc, conveying the
preston the vicinity is making a
BILE attempt to come up to the
Indard which Is being prepared.
su3ught Made Director.
AT a meeting Of the board of di-
ctors of the Second National
ank! held yesterday, Frank s.
Hight was elected to the directorate
20 succeed William Berens, recently
deceased
M. Hight has been the manager
bf the New willard Hotel for a
humber Of years and has identified
himsefr with many civic activities
for the betterment Of the National
Capital.
The New Willard was acquired a
few months ago by the Capitol
Hotel Company. Of which l. NJ.
Eoomsr. of New York, Is president
Mesxrs- Boomer, Hight and their as
seeiates control and manage the
Waldorf Astoria. McAlpin-Claridge.
Martinique Woodstock hotels. The
Cafe rsavarin. Fifth Avenue Res
taurant! Yates Restaurant and the
THIN Products. Incorporated, of
New York City: Louis Sherry. IN
tprporated. of New York and Paris;
The IRellevue-Stratford, of Phila-
delphia. and. as stated above, the
New willard, OF this city.
-.s- Local Securities.
Potomac Refunding and Improve
mentS IS were in demand yesterday,
making a new high on the local ex-
change at 1904. Sales were light
but par was freely bid
Railway IS were stronger. advanc-
ing from an opening at 59S to 59S.
Washington Gas IA per cent notes
sold at 1O2%.
Capital Traction brought s7B.
1,s Directors Dinner.
CoutormabIe with the custom in
vogue FOR a number OF years the
Savings Bank will tender
a family dinner to its directors to-
night in celebration of another In
crease of 500, 900 in deposits.
The subjects to be discussed at
the dinner and the assignment to
follow:
'sUseful Serum for Depositors," DIR.
Gregg c. Birdsan-
"The ReaItor as Director" Jesse
n. Hedges
character the Basis of Credit"
Charles W. Morris.
'a'rSe Hovitiate's Impressions" DR..
tarden r. Warner.
"The Bankers Impression of the |
Frederick c. Bryan.
STste Lawyers. Impression Of the
IanLer;" Dion s. Birney.
sThe Human Side of Banking,
koree H. Macdonald.
.sThe Merchants Banks Place IN
Il Community" J. NJ. Bean. VI
The Upbuilding of the Bank"
ne Directors Duties and Re-
AS" william T. Fitzgerald.
azaries in Banking" Francis
avage. .-.....
,kInr Trust 4 Mortgage Co.
conference of officials Of
hanging Trust and Mortgage
nv President A. H. Fowle, OF
emIer Finance Company, who
aIetfng the organization of the
,nk announced that the re-
10 tbe first call for so per
the par value of subscrip-
bade for November 1, Is most |
nR. the anticipated payments |
in strong.
|ustees have been notified by |
tractors engaged in remod- |
e temporary home OF the
X, 1909 H street northwest,
work will be completed
Is. Mr.. Fowle says the
as gone forward and every
bl be in readiness for the
blowing the organization
A. I. d. Meeting.
B. Dickey, well-known To-
hey, will conduct the prin-
ture before the advanced
the local A. /. B. chapter
discussing Contracts: Un-
q for Lack Of Writing OF
hcity."
nt W. J. Waller will pre-