The Washington herald., 1921-09-14
DISTRICT DEPOSITS
SHOW GAIN OF OVER
MILLION DOLLARS
Total Sum Aggregates
$t145,731.7S, Says Off
cial Compilation.
SAVINGS IN LEAD
Record Increase, S6S2,461.55.
Trust Firms, $394,374.01;
National, s6s,s96.22.
SAVINGS IN LEAD

ne various DanhS Oh lne DiSlAAOt
Of Columbia, for the period en-
show a net gain in deposits of ST.
l45.7s1-7S over the previous call of
the Comptroller, according to Off
cials compilation. On June 80 last
the combined banks reported total
deposits of Sl66.s94,633.1o, while on
September s, the last call of the
Comptroller, the total deposits ag-
Eregated Sl6s,140.564.ss.
Savings banks fairly ran away
with the leadership for the period in
question. the combined statements
showing a net gain of s6s2.461.55.
On June 80 total deposits for this
class of institution totaled $780,
GSs,s11.1o. while on September s
they totaled s27.372.372.65.
Trust companies occupied runner
up position for the period just
closed, showing a gain Of s394,374.Ol.
On September total deposits
amounted to S53.4O9.414S1, con-
trasted with s53,O15,O40.s0 for the
previous date.
National banks came in last for
the period. showing a gain of only
SSS.s96.e2, having, on September s,
total deposits of SS7.35S,S77.42, and
SS7,es9, ,6S1.20 for the former date.
This comparatively poor showing
was caused in the main by unusual
ly heavy purchases OF the August l
sale of Treasury certificates.
Local bankers are expressing
much satisfaction over the highly
comneHdable showing made by
Washington banks. coming as il did
in the dullest season of the year
when SO many depositors are con-
stanCly withdrawing funds to care
for vacation purposes, etc.
Local Securities.
Sales of 100 shares of National
Bank of Washington stock featured
yesterdays session on the Wash
ington Stock Exchange. The entire
lot was disposed of in ten-share
blocks At $50. Outside of transac-
tions in this security. trading in the
main consisted OF small lot sales.
Mergenthaler Linotype sold at 119A J..
LanstoR at 72. Capital Traction at
S6@ and 81, and Washington Gas
Light stock at 443s.
The bond list was practically life
less. small gales of Washington Gas
Ii=~per cent notes at 1929, and
Capital Traction at S7%.
Mellon Calls for Funds.
Natfonal banks holding funds to
the credit of the Treasury. arising
FROM The sale of August Treasury
certificates have been ordered by
Secretary Mellon to pay into their
regional members by Tuesday next
40 per cent Of such funds outstand-
Iing,, This will take approximately
fS1es.oOe.OO from the banks.
DC. Bankers' Association Home.
Cpnformable with his desires to
seea.a suitable building erected in
Washington to house the DISTRICT of
Columbia Bankers Association and
affiliated bodies, President John b.
Larner has addressed the following
letter to all bank heads in the Dis
triGS:
You have undoubtedly given
some consideration to the question
Of the proposed building for the
Bankers Association of the District
Of Columbia, and are prepared at
this. time to express your opinion
Of it's usefulness and desirability.
FOR the enlightenment of the
committee and others, l am asking
the;opinion on this question of the
president of each of our banks
am much pleased at the expressions
Of opinion that have already been
given me. and I ask for Mr.. Reesfde
the chairman of the committe, your
hearty cooperation.
"A reply will be very greatly ap-
preciated.
Very truly yours,
JOHN Il. LARNER.
-Prsshent of the District of Colum'
BIa Bankers Association"
So far. nothing but favorable re-
sponses have rewarded Mr.. Larner's
sFfortS