Evening star., 1922-05-12
RECORD DEPOSITS
Of LOCAL BANKS
Total of May 5 Is $189, ,084,.
463-Convention itinerary
and Program-Notes.
BY 1. A. FLEMING.

At the close of business May ). 1922.
the banks of Washington reported
total deposits of S189,0si.463. the larg-
/ est in the record of the city, main
! tanning its ratio of steady increase
! and addin Z to the deposits reported
4 March 10.
| The fact that the Merchants Bank
| and Trust Company is TO all intents
! and purposes n new institution. trat
| ii is operating under a new charter
granted by the Commissioners of the
| District of Colum bia. has been the
| cause in the compilation Of the totals,
! by Mr.. Savage of the National Savings
and Trust Company. for omlttlnE IN"
/ deposits of the institution from has
| comparison.
To permit the 5000. .66s> deposits OF
! that institution to pass uncouhteu
however, would not reflect the true
| showing.
! The fact that the Dupont Nauonaj
and the Merchants Bank are not IN
! existence today also caused lhlei'
elimination from the comparison re
ducing the actual total OF compare
from $1Sl, 1886 to S117,4O106l.
With these three banks omi1te"
from the showing there was no up
portunity for comparison.
The figures demonstrate the con
ti1ued growth of the city and Will
/
time to come as the withdrawal o'
some 100000 tax money TINS nohIh
will be hard matter to replace.
The great majority of the banks
show a handsome gain ana out lie"
losses, due to special reasons.
Bnnkers' Convention.
The itinerary of the District of Co
Iumbia Bankers convention at HOT
Springs, Va is out. The tram WIZ
leave here at pm. Friday. June =
arriving at Hot Springs at I am; tne
next morning. Return trip VIII De
made the succeeding Tuesday night
arriving in Washington at am;
Breakfast on the outbound trip Will
be served at the Hot Springs.
The rate inclusive is SIS. No up,
ping. Parties desiring may secure
compartments and drawing rooms at
added cost.
Business meetings are scheduled
daily except Sunday. The program OF
entertainment includes golf, base ball.
tennis. dancing. family dinner on
Monday night and a card party Tor
! the ladies on Monday afternoon.
Reservations must be made through
F. c. Addison. jr. vice president OF
the Security Savings and Commercial
Bank.
Four full days will be put in at the
| Hot Springs.
ABacostla Bank Election.
Directors of the Anacostia Bank re-
elected Maurice Otterback president.
Siias A. Manuel first vice president.
~. Frank Campbell second vice presi-
dent. Charles V Etzler cashier and
w. l.. Koontz assistant cashier.
+; The board elected at the annual
| meeting of the shareholders follows:
I; J. Frank Campbell. George S. King.
Charles w. Warden, Silas \. Manuel
James f. Toner, A. L. Guide. J. j. Mum
dell, Maurice Otterback and l.. w.
| Thompson.
The bank now has a capital Of $50.
| 900, earned surplus of 100000. ana is
! Local Securities
Capital Traction 5s were the Tea
ture of the local stock Yarket. in all
| S15.500 face value being traded in at
| 97h and 913s. The bond list was
+; stronger generally. Railway Is re-
gaining y point of their recent lass
and reaching 6s2.. Gas notes. 7'-s.
| were firm at los.
! Stocks were rather quiet
. Chapter Election.
| The result of the election at the
Washington Chapter rooms last night
was as follows: W. A. Dexter. presi-
dent; James C. Dulin. jr.. vice presi-
dent: 7. II. Leith, secretary: II. j.
CLANCY. treasurer, and James 4.
! Soper, counsel.
| Governors elected were: Miss
Helen y. Reed, Messrs. f. J. Nc
Quade. W. J. Waller. Charles Il.
Boyer and r. NJ Garrett.