Evening star., 1923-03-24
DISTRICT NATIONAL
WILL OPEN BRANCH
Asks Permit of Controller.
Location, Connecticut Ave-
nue., Near K Street.
by I. A. FLEMING.

The District National Bank has
filed application with D. X. Girls
singer, controller Of the currency for
Permission to open and operate a
branch bank to be located adjoining
the northeast corner of Connecticut
avenue and * street northwest.
1t is understood that in making
this move the first desire of the Dis
trict Bank is 10 look after the in
terests of it's present patrons.
The branch will be prepared to re
ceive deposits and pay checks, Will
operate safety deposit vaults and sell
foreign exchange.
A Junior official Of the bank viii be
placed in charge of the bank. Loans
will be made as now, only at the main
bank.
Parking facilities are much better
at the location chosen than they arc
at the District Bank, where a." con-
geStiCn is at all times serious.
The new branch bank, with other
that have been decided upon ana ~
operation. should bc ample I" care
Dupont circle. where the Dupont ana
Riggs branches would seem To ill ~"
bill
Local Securities.
business on the local stock m1rker
today was Of the Sinatl-i"t "fh"F,
while prices were q shade easier. @tn-
orally speaking. TIE chief weakness
was in Washington Gas, where drop
from so to 1875 marked the closing OF
the exchange.
hallway corntn6n touched g. on very
small business. Capital Traction was
firm at 50
Bank stocks figured in the sales at
FIy rri a National
for District National and $50 for Lib
crty National
There was neither activity nor
much change in the prices for oon9s'
Potomac General 6s, par; Traction oS'
9Gi. and hallway As, -.
Tommy Rrahany Buys Tanker.
The cities Service Company has
purchased the steel tanker Halo from
the United states Shipping Board
Thomas w. ErahanT represented inc
Cities Scryic. Company in the neSr-
tiatioas for the purchase OF the boa :
Tire consideration was @tod."l" ne
Halo will 20 into commission lmlHe-. 3. .
diately for the transportation OF
petroleum from Tampico 70 New Or
leans and Philadclphia-
Names /. Il. 4. Committee.
Joshua Evans, ir.. president Of the
District Of Columbia Bankers RSS3-
citation today appointed Harry v.
H2NnPS CHAIRMAN anu Luz ~ -
THOMPSON vice chairman OF the con
yention committee Tor the cntertaiH-
rncnt Of the convention OF the In
yrstrent Bankers Association, which
* IL meet here the latter part OF
October.
Mr.. HAYNES viii soon announce the
fuIi committee ire mberShlp, when
VIII he chosen from banks and IN
vcstmcnt bankers
Dagcnais to Lecture.
George pagenais OF the fore SH
d.partneUt Of the Riggs National
Bank will lecture Tuesday evening
before the elementary class, y. i. B.
Franklin Branch Opens.
The FarnkIiu National Bank open
ed its branch at I'LL Connecticut
avenue this morning. ready TO care
for a share Of toe uptown S:n~SS.
The branch is thoroughly equipped
and attractive.
Go Carefully.
George + Roberts, Vice president
Of the National City Bank and one
Of tn. best economists of tn day. IN
an analyses of business recovery,
presented 10 the International Sna!H-
her Of Commerce nov in session N
Rome in which he warned OF the
perils of overConfidence in the United
States. IF overenthusiasm among
business men should cause excessive
competition for labor and industrial
material"
Mr.. Roberts declared that he felt
that an imitation of industrial costs
and prices similar to that which took
Mace in 1919 and the early months OF
1920 may arise. and if it does it viii
drive export trade from America"