The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-19
WASHINGTON ALB.
CHAPTERPROMOTES
MEMBERSHIP DRIVE
Dulin Heads Committee
In Campaign for 1000
Members,
SEEK COOPERATION
Especial Attention to Be
Given Bank Officials in In
terest of Local Body.
SEEK COOPERATION

The Washington Chapter. Amer
Ican Institute of Banking, yester-
day announced plans for an in
tensive membership campaign now
being launched. James c. Dulin,
assistant secretary Of the American
Security and Trust Company. has
been delegated to head this body,
having as his assistants Victor B.
Deyber. president OF the Second Ma
tional Bank; Charles L. Eckloff, as
sistant cashier of the National Met
ropolitan Bank. and A. B. Crigler,
a member OF Alexandria's banking
fraternity.
The campaign will be conducted
along similar lines as the one of
last year which netted approxl-
mately $50 new members. Litera-
ture. telling of the benefits derived
from American Institute of Bank
ing work will be freely distributed.
while a special effort win be made
TO secure hearty cooperation from
every bank official in the District.
There can be no doubt of the
rapid strides made by the local
chapter during the past several
Years. nor Of the good work ac-
eomplished. and District bankers
can be expected TO respond nobly
10 the plea of q cause which has
proved of such aid to Washington
banking fraternities.
Announcement was also made that
any version who is in sympathy
with the aims and objects nf the
chapter will be eligible to sustain
ing membership.
bership Of approximately 500. while
the present drive is expected TO
swell this total to at least 1000.
An open meeting will be held in
the New willard Hotel on Thursday
lecture will begin on Tuesday night
next. with the first meeting of the
elementary class at the chapters
room on F street.
Personal.
Thomas Hopkins, jr, of the New
York office. has become affiliated
with the local branch Office of the
Guaranty Company of New York,
according to announcement made
yesterday. Mr.. Hopkins will hold
a position as salesman.
Local Securities
There was a larger aggregate
business ir local securities yester-
day. more trading in shares and
less in bonds.
Capital Traction sold at SIS.
Washington Gas was quite active
at IS to 47H.
Railway preferred quiet but firm
at 50.
Union Trust shares were in de-
mand at llS1E, and Washington
Loan and Trust sold to the extent
Of so shares at 26O.
The only bond transaction was
one in Railway As at 591a, a little
better than previous quotations.
Banking Trust Plans.
The Banking Trust and Mortgage
Company, now in process of organ
ization here. is going the limit in
fisregarding some of the ironclaG
rules and evasive ethics of the old
time school of banking, according
70 n statement made by President
percy S. Foster yesterday. Accord
ing TO Foster, it is no longer nee
rssarv for an aspirant for bank
ing honors to serve what may be
described as an apprenticeship in
, successful bank before he car
become d professional banker.
The Premier Finance Company
organfzers of the new banking
house, has disposed Of stock to all
classes and nationalities in Wash
Fnrton. These subscribers will be
eligible to become bank officers
Stockholders will include the car
Denter, machinist, groceryman,
small and large tradesmen. law
vsrs. doctors and all others who
Rave the inclination to become fin
anciers in addition to their other
Callings.
Banking is to be liberalized, and
we will demonstrate that any good
.nd honest American citizen, native
or foreign-born. possessed of sutfi-
.rient business ability, may become
president. cashier or other official
without the so-termed ability of a
horn banker" concluded Foster
Call for Funds.
Secretary Mellon yesterday
,.aIIed on all national banks hold
ing proceeds from the sale of three
ear Treasury certificates to pay
into their regional members % per
cent Of the amount outstanding by
l.