Evening star. [volume] (Washington, D.C.) 1854-1972, 1923-08-04
DISTRICT BANKERS
TO PLAN TRIBUTE
Special Meeting Called for
Action on Presidents
Death-0ther Notes.

a special meeting of the District of
Columbia Bankers Association has
been called by President Harry Y,
Haynes for Monday night at sis at
the associations headquarters for the
purpose of taking final action in re
spect to the demise OF Warren q,
Harding
1t is the intention of the associa-
uon' President Haynes said, TO pay
the maximum degree of tribute pos
slble. Appropriate resolutions will, of
course. be adopted, floral tribute
Will be forwarded and, If the occa-
sion Will permit. an official repre-
sentative of the bankers body Will
be in attendance at the services held
in this city. 1t should be remem-
bered," continued Mr.. Haynes. that
the late Chief Executive conferred QUE
of his first and finest courtesies upon
the local association in attending our,
annual banquet shortly after taking +
up his official duties here, and upon
countless other occasions, whenever /
possible, hOnored us by minglinG :
with us in that typically Harding :
way"
Ut. nd mes Ittler reads as foIioWSs 4
The sudden death or our beloved
Executive, President Harding has
brought upon US a deep sorrow and, in !,
order that appropriate action may be
taken by us, q. special meeting of the.
association Will be held on Monday
evening, August d, at SIS o'clock in
the rooms of the association in tbs
Masonic Temple, New York avenue
and 18th streets northwest.
II feel il is needless TO urge you to
have representative present"
Quiet Week In Industry.
Developments of the week haya
been extremely irregular. a not UNI
usual feature in late July and early :
August, with d slight drift toward
the quiet side in trade and IN industry,
according to Dun's current review
These occurrences have been the re-
suit of d varied play of forces in crop
developments, while foreign political
and financial features have influencEl
domestic financial markets.
Despite the reports of quoting in
trade, the undeniable fact is that dis
tributfon and industry are still in p
far more favorable situation than a
year ago, or, indeed, for three years
past at this season. .-
Decrease in Failures.
Failures reported this week show
decreases from both the Immediately
period of last year. Compared with
the week of July 26, the decrease IS
so per cent, and, as against the total
for the same period last year, 90
per cent. -ru
OF this weeks insolvencies, l79 had j
Indebtedness of $4,000 or more in each.
instance, or 56.S per cent of the total &
Last week the percentage was $50 .
for the corresponding period OF 1929.
625 per cent
Canadian failures for this week num-
Der "a, an increase of 8 over last
weeks total, and "a had liabilities nj
So. 600 or more in each case, against y
last week and 81 for the correspondent,
week of last year. :.
Weeks Bank CIearings.
The tendency of bank clearings from
week to week is in the direction of a.
more restricted volume of payments
through the banks, the total for this,
week. at ali leading cities in the United
States, being S6,343,S32 900, decrease,
of IL per cent, compared with a year
gao, but gain of AZ per cent a.
contrasted with the corresponding !
week of 1922.