The Washington herald., 1921-02-26
Peter A. Drury Returns.

Peter A. Drury Returns.
THE people of the South ,Ameri-
can republics appear to be per-
fectly happy. contented and pros
porous" said Peter A. Drury. presi-
dent of the Merchants Bank. who,
with Mrs. Drury. has just completed
a-visit to the Panama Canal Zone.
'+Of course, conditions are differ
ent in those countries than in the
United States, but there was a gen.
eral air of prosperity which was
good to see. Cuba, where there Is
some trouble. was not an exception
The people appeared contented and
none of them appeared to be dis
turbed by financial conditions.
The Panama Canal Zone par
ticularly impressed US because of
its cleanliness and the general
health conditions. The sanitary
regulations of that district are re-
markable. due of course. to the in
staIlation of a system by the United
States. That country. you must re-
member. only a few years ago was
nothing but swamp land. Now it is
q prosperous country, healthful, and
without those enemies to human
happiness-fiies and mosquitoes.
We didn't see one of either all the
time We were on the Canal Zone.
and more than that, we sought for
them. We were told that these
pests disappeared with the installa-
tion of the sanitary arrangements.
We went to the market places
the vegetable, the meat. and the
fsh. but not a fy was to be found"
MIR. and Mrs. Drury first went to
Kingston. Jamaica; then to Colon.
Cristobal. old and new Panama
cities; San Juan and Port Limpus,
Costa Rica. and then to Havana,
Cuba. They sailed from the latter
port for New York City. where they
spent a few days visiting their son.
Leo K. Drury. of the United States
Trust and Mortgage Company. They
returned to Washington Thursday
morning.
Toner Made Bank Director.
At a recent meeting of the board
of directors of Anacostia Bank. DR..
James E. Toner, a supervisor of St.
Elizabeth's Hospital, was appointed
a member of the directorate in place
OA LIT. IiCHdEu ~ T Yves
Union Trust Correction.
Oficials Of the Union Trust Com
pany yesterday advised that deposit
figures for their institution for Feb
ruary 81 and December 20 should
have read s5.621.190.16 and S5,67s,-
ss3.31. respectively.
Inaugurates Novel Idea.
swartzell. Rheem and Hensey. local
brokers, will on March Is inaugu-
rate 2 novel idea to meet the re-
quirements of small investors. Sys-
tem-saving 1t Is called. and consists
of a plap whereby investors can de-
posit so much each month, receiv-
ing per cent interest on his de-
posit. which goes as a pledge on a
first mortgage note. The INSTALL
ments will run for forty-five
months. (For example, SO per
month at per cent will, in forty
fiys months time, pay for a $500
bond-)
InstalIments for lesser amounts
will be carried. at the option of the
investor.
Local Securities.
A firm tone ruled in standard is
sues on the Washington Stock Ex-
change during yesterdays spirited
session. Washington Gas 5 per cent
notes sold to the extent of $4,000 in
-four equal sales at 70; Railway Is
TO the extent of $1,000 at 5sh and
washington Gas IN issues, which
barely escaped being left out Of the
periods trading, sold. after call. to
the extent of $500 at 10oh.
Railway preferred stock figured
in sales aggregating AZ shares at
Sc, while that of Capital Traction
had sales amounting to 20 shares at
IS, Eleven shares of Mergenthaler
changed hands. scoring an advance
of u of q point on the last sale of
one share at 121k.