The Washington herald., 1921-12-28
'LARNERSCOUNCIL
OF ADMINISTRATION
TO MEET TODAY
Preliminary Discussion
May Be Productive of
Important Meeting.
OTHER LOCAL NOTES
United States Investor Re-
. views Washington and Bal
timore Corporations.

John B. Larner, president Of the
District Of Columbia Bankers Asso--
citation. has called a meeting Of his
council Of administration, to take
place in the board room Of the Wash
hgton Loan and Trust Company this
afternoon at o'clock.
The council of administration is
composed of the chairmen Of the
various committees of the associa-
ton. and while nothing OF particu-
lar importance is scheduled to cope
up. 1t Is believed that many prelim-
mary reports will be submitted by
committee heads which will make II
advisable to call a meeting of the
entire body to discuss certain condi-
tons the association may be called
upon to meet.
Baltimore sshfn xton Number.
In the current issue of the United
States Investor. the entire number has
been devoted to industries and cor
porations of Baltimore and Wash
iAgton- Several articles pertaining to
local combines. while not in the least
Pnattering, prove informatively inter-
esting. On the other hand. many
Washington corporations have re-
ceiyed highly commendable write-ups
Local Securities
Few sales marked the resumption
of trading on the local Stock Ex-
change yesterday. the holidays having
apparently refused to be discontinued
as far as interest in stocks was con-
cerned-
Two blocks Of $1,000 each in wasi-
ington Gas IS were traded in at 80.
Two blocks Of the same value in
Potomac Electric Consolidated SIS also
brought the identical selling figure.
Twenty-eight shares of Washing
ton Gas Light Company were sold
in four transactions. the price in all
sales remaining at so.
After call there was some activ-
lty in Washington Railway and Elec-
trio common, so shares changing
hands In six transactions. prices be-
ing 80. A block of $1,000 in Wash
ington Gas IS were sold at 30.
RemodeIing RIGGS Bank.
Plans are being drawn for the
remodelling of Riggs Banks two
buildings, according to the Clearing
House Key. the official organ OF the
above institution Details. it Is stat
ed. are not available as yet. but the
nation of the two buildings by COM
fIetely rebuilding the annex and hav-
ing the officers and tellers occupy
the entire first floor This will ne
cessitate tie removal of three panels
in the dividing wall. The main floor
will then accommodate the savings
department and securities department
il the main banking room.
The annex will probably have four
or Ave floors to house the various
departments which do not require d.
rect contact with the public The
entire basement will be remodelled
to house a safe deposit department.
Elevators will connect the floors.
While the annex is being demolished
and rebuilt. a meZzanine of two floors,
built in the rear of the main lobby,
has been planned to comfortably
house all departments now in the
annex.
A. I. b. Meeting.
Charles J. Bell. president of the
American Security and Trust CON-
many. Is expected to address the open
meeting OF the local chapter. Amer
lean Institute Of Banking. tonight.
Both classes will gather in the
small ballroom of the New Willard
A o'clock After a short series
81 speech-making. dancing will en-
sue.
Personals.
Wv. T. Galliher. president of the
| American National Bank. u spending
the Christmas holidays with friends
| in Elizabeth. N. J.
r. W. Stone. vice president of the
National Savings and Trust Com
fpsny. is spending the holidays with
his mother at his old home, Mount
Vernon, N. 7.