The Washington herald., 1921-02-11
new GAS ISSUES
::SHOW STRENGTH
ION LOCAL BOARD
Recently Offered Securi-
ties Jump to 1O1 in Clos
ing Trades of Session.
A. |. B. DEBATE DUE
Freeman to Talk-Merchants
Bank Wires Drury-Dent
Appointed Officer.
A. l. B. DEBATE DUE

Cons Lderablc strength was ShO II
BY the new issue of ~ per cent
securities of the Washington Gas
Light Company, again trading lead
ers in yesterdays session on the
washington stock Exchange. Three
sales aggregating $4,000 were re
corded during the regular period,
while after call" sales including
these bonds showed an advance OF
an entire point, 5000 being disposed
Of at IO1. The whole bond list, with
the exception Of the above mention
ed notes, was inactive.
National Metropolitan Bank stock
again broke into the sales column,
so shares, in three sales OF 10 shares
each. being made at 22O. Capital
Traction stock was disposed Of to
the extent Of % shares at So.
ALB. Debate.
For fear that We may forget,
President Charles D. Boyer, of the
local chapter. American Institute OF
banking, again calls attention to
ths fact that at S o'clock this even
ing, at the New willard Hotel, live
wire representatives of the New
York and Pittsburgh chapters Will
lock horns" to determine the ques-
ton of replacing the excess prOht
tax with a tax on sales.
OfHcers, directors and employees OF
the banks-as we'll as members OF
the Board Of Trade, Chamber OF
Commerce and Merchants and Man
ufacturers' Association have been
invited to attend. and indications
point to a record-breaking attend
ance.
A silver cup will be the trophy
awarded the winning team by the
national association
The teams will stay over and be
the guests of the Baltimore chapter
at their annal banquet on Saturday
DR.. Freeman to Speak.
DR.. James E. Freeman, of Epi-
pRany Church, is to be the principal
speaker at the annual dinner Of the
Washington Chapter, a. L B., Sat
urday. February 26, at the New
willard. DR.. Freeman is a forceful
speaker. formerly a civic affair
leader in Minneapolis.
Treasury Certificates
Local bankers are hearty in their
endorsement Of the latest issue OF
Treasury certificates which are free
Of the normal tax. One leading
banker yesterday, in discussing the
notes, said: They are as good as a
90 per cent investment"
Merchants Bank.
When the Merchants Bank was
opened at 14l4 F street fve years
ago yesterday. the total deposits
were s3O4,739.S2. At the close of
business yesterday the total depOs-
is amounted to SI,749.O .O57.OS. Peter
\. DrUry, president Of the bank, is
spending his vacation in Panama,
ana Vice President Ernest Z. Her
reII celebrated the banks anniver-
sary by cabling to Mr.. Drury the
size TO which the bank had grown.
The Merchants Bank has had a
steady and consistent growth from
it's beginning. 1t soon outgrew its
quarters on F street, where it had
won the title, The Bank With a
Welcome" and a new building was
erected at 1415 G street. where the
bank is now doing business.
Dent Appointed Justice.
W. G. Dent, Of the real estate firm
Of Gardiner and Dent, Inc, has been
appointed Dy TON. lNllCnle d justice
Of the peace for the Ninth CSur-
rattsville) district Of Prince Georges
County. Maryland. Dent resides on
Ris farm at Clinton, Nd. He is a
graduate of the National University
Law School
Subscription Committee.
The District of Columbia commit
tee for receiving subscriptions of
the Southeastern Express Company's s
stock are Milton z. Allies, vice presi-
dent, Riggs National Bank; Chaplin
Sacks Corporation, Homer Bldg; W.
H. Harrison Co, Inc, commission
merchants, 9O9 B street northwest;
Krey, Price & Co. commission mer-
chants, 933 Louisiana avenue north
west; Miller & Roller. commission
merchants, 927 Louisiana avenue
northwest; George W. White, presi-
dent, National Metropolitan Bank;
H. F. Cary, Southern Railway, 1900
Pennsylvania avenue northwest
Willis Worster, commission mer-
chant, 93j Louisiana avenue north
west