The Washington herald., 1921-10-12
DISTRICT BANKERS
REPORT & B J. .RlDORSEs
BUILDING PROGRAM
Special; Committee Finds
Project Meets With
Enthusiasm.
BETTER TIMES SEEN
J International Finance Head
Advances Opinion and Rea- .
son-0ther Local Items.

At. aSspsctai meeting of the com
uittes appointed by Chairman =. ''Rs
Reeside7of the Equitable Building As.
sociatiop to delve into the question Of
building a home for. the District
Bankers, Association and aniiiated
bodies, held yesterday afternoon. the
project was favorahly reported and
considerable enthusiasm displayed re-
ssrding the idea Of John B. Larner.
President OF the bankers body. 81
The. meeting In question was not
eaiiedyfor the purpose Of making any
definite announcements regarding the
propesition. but mainly fouHthe pur-
pose of comparing notes as to the
popular opinion among interested
parties. Inasmuch as this first meet
ing has. shown a wholesome demand
on the part of the District bankers
Tor such structure. IT is no more than
likely that the plan win shortly take
prm root when definite announce
nents Of essential details will be forth
coming.
Local Securities
Issues listed on the Washington
Stock Exchange displayed pronounced
hrruness during yesterdays trade with
far more activity than the sales
record WOULD Indicate Railway 4s
sold to the extent of $1,000 at so&.
and 5000 Potomac Electric general
mortgage IS sod at 81. A few shares
OF stock were also sold.
Call money ruled at per cent asked
with D per cent bid.
The exchange will stand adjourned
To-Day on account Of Columbus Day.
Sees. Busi.e.. at Peak
TdkinF his company's activities as
criterion. Ben L. Prince, vice presi-
tent and general manager of the In
rern3ttonal Finance Corporation yes
F~rday declared that business tondi-
toss in the United States are better
'oCay than at ANY period during the
nast year. According to Mr.. Prince,
the character OF the business done by
the International in, purchasing open
acsoYpts and trade ACCEPTANCE in all
hrTts OF the country Is OF such a nature
iha 1T fendS itself exceuently as an
Indicator of general business eondi-
iions. II 81 = :
A decided improvement in the busi-
ress situation began to appear about
six weeks fsEo. and since then the
. .Inoyenent toward better times has
ained considerable momentum When
he change came the International was
arrying about $1,000 900 worth Of
Ausinessson its books. To-day. Its pur-
nases .afnount to st.413 3.o23.5o, being
pe.. most rapid gain,in volume Of busi-
SIS the corporation has made since
Inception. approximately s760.oOo
Fw business in open accounts being
ken on.
Since the first OF the present year."
ID Mr.. Prince, "our total volume of
hsiness has been s3.0s3,2s2.2s. As
.arIy one-fourth Of this has been &C
hired within the last six weeks 1t will
seen that the revival of business
hdftIons Is we'll under way"
Personals.
Andrew Parker, vice president Of the
ashinrtan Loan and Trust Company.
IA B.5w. Guy. vice president of the
ofumbia National Bank. were in
faueh Chunk. Pa, yesterday. attend
nx the dedication OF a memorial
chapel In honor Of william z. Barker.
formerly a director Of the above-named
banks. 80.
Charle. w. Warden. vice president
OF the Continental Trust Company,
and wilbur II. Zepp, vice president
of the United States Savings Bank.
are both serving on the Jury in JUS
tics Hitz's court -,
y Cvynn stsphenson. the popular
assistant cashier Of the, Franklin Ma
tIonal Bank, Is taking a well earned
vacation with friends lin Southern
Mss s. l.: Mitchell. assistant cashier
the American National Bank, will
Ly, this afternoon on her annual
atom in the New England States.
= possicfy q stop-over5in Nav York
y AL. n. Meeting.
arst ,opep. meeting Of the Wash:
!, Chapter, ktnerican Institute of
FsrI Is schedufed for next Thurs
,,fr,t, In The small bshroonasof the
- Hotsl, at which time certifi-
!. Far both the elementary and
..red classes, will be presented.
- ,he ,resentation by r. B. Dickey.
TI.xnoyn local attorney and A /. B.
,urer, informal dancing win take
an. i Students and those eligible, to
l.s.ssrship,, in either class, : are in
Sf,s "a sattend this meeting. which, In
p-es,S.nt waIler's estimation will
srin~ forth at4Ieast 500 members and
irrespective members t.z..