Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-10-16
SUBSCRIPTIONS TO
new BONDS SCALED
Sale Is Closed Save for Ex.
change of victories-Co.
lumbia Banks Day.
BY I. A. FLEMING.

4 The Secretary OF the Treasury has
given notice that subscriptions for
the new ~ per cent bond issue
closed at noon on Saturday. but that
holders Of victory notes desiring to
make exchange for the Ans might
do So
In making allotments there was
sssssar $780, ,S1
the $4,000 subscribers and those who
put In orders for smaller amounts
receiving allotment in full.
Orders for $4,000 and not over $780,
5000 will be allotted 20 per cent of
their subscription. with minimum
not over 100000 will get 50 per cent
of their order with a minimum OF
$4,000; orders for 100000 and not
over $4,000, to receive Is per cent,
with minimum of $4,000: orders for
$1:00o. 200 and not over $10.000.0Oo
Will be given 10 per cent allotment,
with minimum Of $4,000.
Columbia's Gala Day.
This was gala day at the Columbia
tion was ablaze with flowers in honor
Of James A. Messer. the new presi-
dent. and Frank J. Stryker, vice
president and cashier.
These two. who now have the des-
TIMES of the bank in their control,
were on hand to meet and greet all
Corners, and the bank appeared to be
decidedly busy with its regular busi-
ness. while the numerous visitors sug-
gested the opening OF a new bank
instead of the TRANSMISSION of young
blood into sound old veins.
omcials Of the Federal National
Bank called on F. J. Styker to wish
him success and gave Mr.. Messer the
glad hand.
Across the way. in the ONCE Of the
National Union Insurance Company.
Albert F. Fox WAS busy with his
with his old associate Charles B.
Bailey keeping him company. They
paid their respects to their success
sors later in the day. wishing them
we'll.
The present directors Of the Column
bia National Bank are: James e.
Ament. Charles B. Bailey. W. Clar-
ence Duvall. John Joy Edison, L. Whit
ing Estes. c. Fenton Fadely. Albert
F. Fox. Benjamin w. Guy. David ].
Kaufman. James A. Messer. John H.
Miller, Theodore w. Noyes. B. Fran
els Saul. Frank J. Striker and John
n. Swartzell.
Opening In Brookland.
With more flowers and plenty OF
good wishes the new branch OF the
Merchants Bank and Trust Company. At
18th and Newton streets northeast. was
opened this morning.
Peter A. Drury. president OF the
trust company. was one OF the hret
to greet ]. L. Sherwood. managing
director Of the branch. and together
they welcomed many Of the leading
citizens Of Brookland who called to
open accounts with tho community bank
and wish their old nsighbor, Mr.. Shef-
wood. success in the venture.
Souvenirs were distributed. savings
banks and flowers. ana the officials
expect q rush of business with tho
homecoming Of the busy workers Of
the section with their pay checks.
Busy Day At Banks.
1t was very busy day at the
banks. Pay checks by the thousands
were taken over the counter, millions
were paid in by subscribers for tho
new Az per cent bonds, bankers had
to care for their customers wants,
get off their proportion Of the money
called by Secretary Mellon from pro-
ceeds Of last certificate sale, payable
today.
More. than this. another call was
made for 50 per cent Of the balance
to the credit Of the Treasury from
the Same certificate sale, which will
t3ke over $30.000,o00 moro out Of the
banks tomorrow.
Local Securities.
Matter1 quieted down on the local
stock exchange today. Business was
greatly restricted. with prices rela-
lively steady. Probably tho feature
was Mergenthaler touching $50. the
new high record. Lanston reports
were encouraging also.
Railway common, Sc; preferred, TIN
Capital Traction IS sold at 9sA
and Potomac consolidated s. at 96A