Evening star., 1922-01-06
MANY RUM0RS Of
CHANGES IN BANKS
Shifts in Personnel Likely to
Follow Annual Meet
inqS Soon.

Not for many years have SO many
rumors of contemplated changes in
local FINANCIAL institutions been heard
among those connected with the
money mart Of the city as now. "Did
you hear?" Is the common cry of the
street, and If all reported upheavals
are to be carried out an extra corps OF
clerks will have to be engaged to reg
lister the changes.
There are. however, several very
important changes to be made in the
personnel of one or two OF the larger
banks, while consolidation OF others,
and the purchasing of new property
for the erection of branch institutions
are certain to occur: Most OF tness
until the. annual meetings Of the IN,
stitutions to be affected, which Will
occur early next week.
Plans for Thrift Week.
Plans for Thrift. week. which is to
be observed here. beginning January
M, and continuing through January
%, have practically been completed.
According to the program outlined at
a meeting of the Thrift week executive
committee. consisting of representa-
tive bankers and merchants, tne
period will be observed with appro-
pirate exercises in schools. theaters.
churches and among government en-
ployes.
Following the administrations thrift
program, as evidenced by the recent
issue of the new Treasury savings
certificates. which are receiving WIDE
popular support, the committee VII!
stress the Importance of saving and
point out the methods found to be
helpful.
At the call of Victor B. Deyber. sec
retary of the District of Columbia
Bankers Association. the council OF
administration of the association will
meet in the Offices of John b. Larner,
president of the organization. this
afternoon at 4 o'clock, when Howard
Moran, vice president of the American
Security and Trust Company. chair
man of the school committee. will
present his plan for a savings system
for the schools of the District
Mr.. Moran has been in almost con-
lie officials, AND it is believed at to-
days meeting he will make sugges-
tlons that will be most beneficial to
the school children of the city.
The executive committee Of the
Thrift week campaign consists of E.
Julius Peyser. w. J. Waller. John
Dolph. Thomas Bradley. Charles w.
Semmes. Albert Schulteis, Mark
Lansburg. Maj. Guy withers. Claude
II. Woodward. W. W. Everett, Leroy
". Heron, Harry X. Boss. E. 3.
Adams. E. S. Brashears. Dr. Frank
W. Ballou and Mrs. NJ. T. Morse
Subcommittees have been appointed
representing the banks, Board of
Trade. Chamber of Commerce. build
ing and loan associations, life under
writers. schools. real estate board
and credit men. The executive COM
mittee will formulate final plans next
week.
Damascus Bank Dividend.
The Bank of Damascus, Md, of
which William B. De Lashmutt, CASH
ier of the United States Savings Bank,
is president, has declared it's initial
dividend of " per cent quarterly.
Bids for Road Open.
Bids for the construction of four
and quarter miles of the proposed
rev road from Washington to Lees
burg. Va, will open today. according
to an announcement made by Robert
n. Harper. president of the District
National Bank. who is the head of the
Washington, Great Falls and Grange
vile Highway Company. the organ
ization conducting the improvement
When completed, this highway will
be source of great convenience to
those Washingtonians who have
erected summer establishments in the
vicinity of it's Virginia terminal
New Insurance Firm.
Leonard F. Rouff and Charles H,
Rouff, under the firm name of Rouff
& Rouff. have opened offices at 1913
H street, where they will engage in a
general insurance business.