Evening star., 1922-03-11
BANKERS IN NEED
! OF NEW QUARTERS
Two Local Organizations Dis
cuss Plans for Larger AS
sembly Rooms.

The time is not far distant when
suitable quarters will be establish ed
for the Washington Chapter. Ameri-
can Institute of Banking. and the
District of Columbia Bankers AS
sociation. if plans discussed at the
recent meeting of the administrative
council of the latter organization
materialize.
For a long time both of these grow
ing bodiesshave suffered for the want
of larger headquarters. and especial
1y is this true of the first named or
ganization. which has made extra
ordiarily rapid strides in the past
few years, and unless immediate
steps are taken to remedy the draw
back 1t is feared by officials in charge
that many will have to be satisfied
with only partial courses.
Two propositions were presented at
the meeting of the council" which
are said to have met with the APPROX
al Of the members. John B. Larner.
president, declared yesterday that
action on one or the other would prob
ably be requested at the next meeting
of the Bankers Association.
While the exact nature of the pro-
posals discussed was not disclosed
it is understood the association has
abandoned any thought of erecting a
building to house the two societies.
1t is planned to secure space in some
building already up, or under con-
struction. in the financial district
which would prove convenient to all
concerned.
The members of the council. Mr..
Larner said, were enthusiastic over
the proposals presented and early ac-
tion on the projects is expected. IT
was pointed out the contemplated
quarters would have to contain a
o1rai Ifla r
ings of both organizations could be
held.
For many years the local chapter
of the American Institute of Bank
ing has been housed in poorly ven-
tilated rooms at 1914 f street. de-
spite the fact that the growth of the
organization has long since warrant
ed larger quarters. The District
Bankers Association has been forced
to go from place to place seeking
quarters for their meetings.
None has been more active in
championing spacious housing for
the two associations than MIR. Larner.
and since he became head of the
Bank ers'- Association he has worked
indefatigably for the needed i'm
provements.
More Lectures for Navy.
So successful were the first two
series of lectures on banking. and
financial matters held for the benefit
of the Supply Corps of the Navy, that
third series will be started, begin
ming April 10. according to an an
nouncement made by a. q. Flather,
manager of the new business depart
ment of the American Security and
Trust Company, who has been one of
the moving spirits in establishing the
courses.
Those scheduled to speak at the
forthcoming lectures include: Victor
B. Deyber, Edward ]. McQuade,
Joshua Evans. jr.. Charles D. Boyer,
Howard Moran. Richard w. Hynson,
Harry ". Haynes, Francis G. Addison,
NJ. Mckee. Eliot N. Thompson, Stan
ton c. Peelle and Mr.. Father.
Stock Exchange Dinner.
Invitations are being sent out for
the annual dinner to be given by the
members of the Washington Stock
Exchange, to be held at the New Will
lard Hotel. April !. ard according to
w. w. Spaid of Hibbs & Co. chair
man of the committee on arrange
ments, the affair will surpass any
like event ever held by the exchange.
Steinberger Made Director.
At a meeting of the board of di-
rectors of the International Exchange
Bank, held Thursday. Samuel Stein
berger. proprietor of the Arlington
Hotel, was elected a director.
on to Philadelphia.
Edward J. McQuade of the Liberty.
Charles D. Boyer of the Federal, and
w. j. Waller of the American Ma
American Institute of Banking, will
attend the dinner rendered by the
Philadelphia chapter. in the Quaker
city tonight