Evening star., 1922-08-17
GAIN EACH MONTH
SINCE January |
Treasury Shows S6,637,450
Increase in National Bank
Securities.

Securities held in trust by the
Treasurer of the United States for
national banks to secure circulation
have increased every month since the
first Of the year. according to a state
gust 1 was $735.16o.6s0. which COM
pares with $72s.523.240 on January
i. an increase of $6.637,450. On Au-
596.1s0:
On the other hand. there has been a
STEADY decrease in the amount Of Sc
curities held to secure federal re-
serve bank notes. The total on Au-
! gust l. 1922. was $s0.51s,700. as COM
pared with s224.1e5.200 on August ].
| 1871. decrease Of sl435S6500, and
comparing with slls.000,o 900 on Jam
| uary /, 1922, decrease of $37.4S1 900.
The reduction in securities held for
FEDERAL reserve banks was due to the
treasury redeeming Pittman act GER
tlncates. which were issued to secure
| ieoerai reserve bank notes in small
denominations to replace silver GER
! tincates retired during the war to re-
! tease silver dollars. which were melt
| ed and bullion sold to Great Britain
Tor shipment to India.
New York Prepares for Bankers.
| Nothing is being left undone by
those in charge of the forthcoming
convention of the American Bankers
| association to be held in New York
city next October to s. and while
1t has often been claimed that the
metropolis is too big, the committee
| on arrangements declares that IL
will become like a small town when
I the conclave is ready to start.
for the first time in the history Of
the city the homes of some of the
most prominent women will be
! thrown open to the woman guests
OF the convention. In all thirty-fve
houses have been offered and Mrs.
| D"ight W. Morrow, chairman of the
/ womens reception committee which
| mas this feature of the program in
charge, says the New York women
| VIII ieel 1t distinct privilege TO
entertain the out-of-town women. and
are looking forward with keen in
terest to the event.
/ Inc entertainment will be in the
form OF luncheon served stimuli
.1aneousiy in all of the homes and
known as Hostess day. has been Sc
| iected as the day for the event. II
Is expected 1000 out-of-town women
win De entertained at these lunch
cons an OF which will be served
by Louis Sherry
specially engraved invitations will
oe sent 10 the bankers wives and
guests who have already registered
Tor the convention Inasmuch ae
many women will register too late to
anord the committee an opportunity
TO send invitations to their homes
one or the luncheons will be served
ior tnese iate-comers at the Museum
OF Natural History. with Mrs. A.
| Perry Osborn. daughter-in-law of
irol- Henry Fairfield Osborn. presi-
uent OF the museum. as hostess. Later
IN tne afternoon a receiving commit
zee VIII welcome the guests at the
metropolitan Museum of Art. Mrs
Wlillam Woodward and Mrs. Harold
l. Pratt have been active in assist,
ihg mrs. Morrow in arranging for
! these luncheCns, at which the foiIow
ing ladies' will be hostesses: Mines
Sharles B. Alexander. Robert Bacon,
! george F. Baker. ir.. Walter p. Bliss
James A, Burden. Joseph H. Choate.
| Jr.: Joseph E. Davis. Edward c. Della
| held, Walter Douglas, William Pier
son Hamilton. John Henry Ham
| mond. j. Horace Hammond, E. H
Hartman. Walter B. James, Otto II.
Kahn, Alvin W. Krech. Thomas ",
Lamont. Gates W. McGarrah. Will
liam Fellowes Morgan. Dwight ".
MORROW, Grayson NJ P Murphy.
Acosta Nichols. Charles D. Norton.
A. Perry Osborn. Frederic D. Philips,
Harold !. Pratt. John 7. Pratt. White
law Reid. John D. Rockefeller. jr.. w.
Emlen Roosevelt. Willard D. Straight,
Carll Tucker. Felix NJ warburs.
George Whitney and Payne Whitney.