The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-26
CRISSINCER MAY
DEFER EXPECTED
CALL ON BANKS
Authoritative Houses Elk.
pect But One More
Call This Year.
c. T. EARNINGS GAIN
Company Reports S121,S5S.33
For October Against S101,-
115.47 in September.

While many of Washington's
banks are daily expecting a call
from Comptroller of the Currency
Crlssinger for statement of condi-
ton, II is the consensus of opinion
IN some of the largest local insti-
tutions that the call will be de-
terred by Mr.. Crissinger until close
OF the present calendar year.
During the Democratic admins
tration. and during the reign of
John SHELTON Williams. District
banks were subjected to six comp
troller's examinations. although five
were all legal requirements called
for. Furthermore. two yearly ex-
aminations were made by the ma
tional bank examiner which took in
every bank in the District of Co.
lumbia, beside four yearly sxamina-
tions conducted by the boards of
directors. making in all twelve
yearly examinations, or an average
OF one monthly. To date there have
been but four, Williams last call on
eHA - ana lHTe by MI lis
singer on April %, June 80, and
September 6.
Needless. to say, Washington
banks would welcome any changes
which would eliminate unnecessary
examinations
Capital Traction Earnings.
The Capital Traction Company
reports a net income of s191,s5S33
for the month of October, 1921,
which compares with s14S,069.5S for
the corresponding period one year
ago. and with s1o1,115.47 for the
previous month. September, 1921.
During the period in question the
gross income amounted to s145,-
1851. with bond interest and other
deductions totaling s23,7Is5S.
The following is the net income
by months for the past year:
1s20-September, sIO5.44S9l; Oc-
tober, s14s,O69.5S; November, $685.
57S-36; December, s2.4OO.64 (dehcit).
l92l-January, s116.556.S9: Febru-
airy. s104,752.64; March, sl4O.329. SO A;
April s12S,Ss3.75; May. s147.1S427:
June, $l34.101.71; July, s113.9S437;
August, sss.097.02. and September.
slO1.115.47.
Local Securities.
Trading on the Washington Stock
Exchange yesterday regained all
ground lost during the first part Of
the weeks listless trade, with room
to spare. or particular interest to
traders were transactions in Poto-
mac Electric Power general mort
gage IS. These bonds opened at
l02ss. the lowest price on the pres
ent movement: advanced Consecu-
lively. to sl02i.. S., q, 1903. 1881
at which high figure the issue
closed Sales totaling $4,000 Of
this issue were recorded.
Washington Gas IS had sales to-
falling $1,000. the price advancing
from S414 to s4iz. Potomac Elec-
trio general mortgage SIS sold at 9s
In the stock list Capital Traction
held firm at 81. and Railway pre-
ferred sold at 641A and 64h. Dis
triCt National Bank stock broke into
the days transactions after long
period Of inactivity, shares SELL
ing at I6s. Commercial National
sold in restricted lots at 125. with
Union Trust changing hands at
11SIz.
Money was offered at per cent,
with 5 per cent bid.
Dollars and sense"
Dollars and Sense" the official
organ of the American Institute of
Banking. edited by Norman f. Tow
son, head of the foreign exchange
department Of the American Secur-
ity and Trust Company, will make
its debut sometime next week, ac-
cording to advice received yester-
lay.
Thomson Celebrates.
Elliot II. Thomson. publicity man
ager of the Washington Loan and
Trust Company. celebrated his gold
en- wedding anniversary on Thanks
giving Day.
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