Evening star., 1922-05-11
CONVENTION news
OFFICIALLY GIVEN
Plans Contemplate Fine Pro.
gram-Banking Hours Up
to Congress.
BY ], A. FLEMING.

BY !. A. FLEMING.
The fourth annual convention Of
the District Bankers Association will
be in full swing at Hot Springs this
time next month.
These conventions have been Of
great benefit in the dissemination of
financial knowledge. both among
senior and junior bankers-the dis
cussions have been on topics of vital
importance to every bank man, official
or employe, and, in addition. better
and more cordial relations are estab-
Iished among bankers and their jun
Tor officials. through the soclal lea-
lures of the convention.
This years program promises to be
of rare excellence. John B. Larner.
president of the Washington Loan
and Trust Company. and executive
head of the association. will review
at considerable length the activities
Of the organization during the year
of his incumbency, including the sue
cessful search for home FOR tne Or
ganization and its protege. the WASH
ington Chapter, A. 1. B., from whence
come the trained bankers of future
Washington-and present as well.
Victor Deyber. chairman or the
convention, was fortunate IN the
selection of the chairman OF the pro
gram committee. Howard Moran, wee
president of the American security
and Trust Company. and MT moran
in turn drew a coterie OF able men
around him.
Gov. George ]. Seay Of the Federal
Reserve Bank Of Richmond, VIII De
one Of the chief speakers; William M;
Williams, formerly commissioner OF
internal revenue. has been secureu LOT
an address on the income tax wnlcn
continues TO be of vital interest to
every one, more especially to bank
The doines of the Washington
Chapter, A. I. B., should be interest
ing. and will be told by the retiring
president. w. ]. Waller OF the Amer
icap National Bank.
z. ]. McQuade. himself graduate
of the cha apter, will conduct the sym
postum from which much is expected.
The prize winning essays OF tne
chapter contest will be read ana mace
the subject of discussion by Junior
and senior bankers.
Other speakers will be secured and
the convention will be one of the best
from the technical standpoint OF
banking.
There will be three afternoons in
addition to one entire day at the hot I
Springs devoted to the pie pleasure Oh
the bankers and their guests.
There is no need to worry over the
family dinner or the entertainment
program. Will W. Spaid has that In
charge.
the symposium committee. YESTERDAY
announced that papers will be read
by the following: James c Dulin.
IT., American Security and Trust, on
1.-THE Safe Deposit Department OF
Bank" Keith /. Small. Riggs, on
Registered Mail File: Joseph -.
Yerkes. Federal National. on SAFE
keeping Records and Delivery OF Col,
lateral" and F. H. Cox, Commercial
National. on Handling of Collection
Items and Check-up on Interest.
May Be a Solution.
H.H. Mckee of the legislative COM
mittee of the American Bankers AS
ISOLATION and president of the Ma
tional Capital Bank has taken up or
will take up the matter OF making
banking hours conform to daylight
saving time from May Is to october
10, through act of Congress
1t Is generally recognized that this
is the only safe method by which
banks may take advantage of earlier
opening and closing hours.
II necessary committee OF the
leading bankers of the city will join
committee of the House.
The clearing house has been called
in special meeting for Friday after
noon.
Railway Preferred 60 IL.
Business again moved slowly on the
local stock exchange. but there were
few price concessions. IL any. the un :
hdertone Of the market being decidedly
A.,,os+;a and Potomac 5s brought
S9ls: Potomac Electric Consolidated
5s, 95k to 9512: Gas 5s, 94k, and
Railway preferred. at 50 to a close
at 6sA.
Personal Mention.
Old friends of Albion X. Paris,
formerly head of the firm of Crane.
Paris & Co. will be pleased to know
that he is enjoying himself around
..old London" In a recent message
Mr.. Paris asked to be remembered to
all "old friends"
Josh Evans. jr., and r. v. Fleming
are in New York today.
Oversubscribed.
This is the story Of the recent Of
ferings of 100000 Chesapeake and
Potomac Telephone Is, to be sold only
to actual Maryland residents. Sub
$40, 100000, and the company has
been busy of late making refunds.
Maryland Bankers Meet.
Maryland bankers will meet in
state convention at Atlantic City on
Wednesday and Thursday of next
week. Controller Crissinger will be
one of the speakers.
Chapter Election.
This evening the annual election
of washington Chapter will be held
and promises to be decidedly inter-
estine. Banking women to the num-
Der of about 45 will be present and
vote en- bloc and vote for Mrs. Helena
ID. Reed of the Commercial National
for a member Of the board of gov
ernors-whiIe enough of the sterner
sex Will likely give her the necessary
votes to insure her election as the
Wessrs. MsOuade, Waller, Towson,
Bower, Eckloff. Kimball. Pimper. Car
ter Garnett, Small and Burnside will
contest for election as governors.
w. A. Dexter has no opposition to
his candidacy for president; James
q DuIin, jr., and H. w. Burnside are
vice presidential candidates. =