The Washington herald., 1921-05-15
BETTER BUSINESS
BUREAU TRUSTEES
PLAN EARLY meet
General Conference to Be
Held in A. /. B. Rooms
On May Is.
OTHER LOCAL NOTES
Bankers Encouraged by Prog
ress Of Convention Details.
Local Issues Are Good.

The board Of trustees Of the Bet
ter Business Bureau have arranged
a general meeting for the execu-
tives of all the principal business
houses, the newspapers ana tne
financial institutions connected with
the bureau. which will be held May
Is in the rooms Of the American
Institute of Banking, 1914 F street
northwest. it was learned yesterday
Hon. George B. Christian. jr'; D.
c. Wills, Of the Federal Reserve
Bank in Cleveland; H. ]. Kenner.
secretary Of the National Vigilance
Committee, John Poole. president Of
the Federal National Bank; and z.
X. Wholly. director OF the Better
Business Bureau, will speak brieny.
A report Of the bureaus activities
for the eight or nine months OF
its existence will be made.
- Great interest has been developed
through the bulletin system Of the
I bureau, and reports will be made
that evening by Mr.. Wholly on many
cases not bulletined.
Local Securities
Trading on the Washington Stock
Exchange showed considerable i'm
provement in the closing session OF
the week yesterday, both in de-
mand and in prices. Railway pre-
ferred stock was inclined to ad-
vance. fiye shares being traded in
in the regular period at So. while
after call so additional shares
changed hands at 62A and 62S
Capital Traction remained firm at
So. Is shares attracting purchasable
attention. A small lot of Lanston
Monotype sold at IT.
A Metropolitan Railway S per cent
bond of $1,000 denomination was
sold at s21s. while a Washington
Gas IN per cent note of the same
value brought 1919.
Bankers to Discuss Taxes
Washington bankers will meet
ington Stock Exchange for q dis
cussioE of paying taxes on tax ex-
empt securities. While this issue
was discussed last year. nothing
definite was done on the subject
and the taxes were paid under pro-
test
Bankers Convention.
George o. Watson. chairman of
the convention committee OF the Dis
trict of Columbia Bankers Associa-
tion. reports that IL interest mani
Tested thus early can be taken as Q
criterion, the coming convention
will surpass all previous ones in
every way.
The FIRST days session at Green
brier will be devoted to a large ex-
tent to addresses on banking topics
by speakers of prominence. while
the practical symposium. which has
been SO successful in past years, will
claim the attention of practically
the entire second session. While
nothing definite has as yet been
done On the subject. q third session
will undoubtedly be called.
Victor B. Deyber, chairman Of the
program committee, reports that he
has gained Frank j. Hogan's con-
sent to make an address, and ef-
forts are now being made to secure
George Z. Roberts, former director
of the mint and an economist OF
note, also assistant to the presi-
dent of the National City Bank of
New York. to address a session.
The resort-like surroundings OF
White Sulphur Springs offer an at
tractive background for W. w.
Spaid. chairman of the entertain
ment committee. to work on, and
while at present noncommittal on
the subject. can be relied upon to
arrange a program in keeping with
his past performances.