Evening star., 1923-09-12
FOUR BANK CALLS
A YEAR NEW PLAN
Controller to Ask Additional
Report-Today's Trading
on Local Exchange.

= Every District bank, as well as all
national institutions Of the country.
will be required to report their con-
dition four times this year, instead of
answering the generally anticipated
three calls. This became known this
morning when forms for answering
the third request were received from
Controller of the Currency Henry NJ.
Dawes.
The current form for reporting the
pending call is known in local bank
jargon as the short form" While
IL contains the usual forty-four
queries, but nine schedules are asked
for. The longer form, which is used
for reporting condition as of the end
OF the fiscal year, contains fourteen
schedules. This, most likely, will also
be used when statement of condition
is requested for the end of the
present calendar year.
1t was stated that nine schedules
are the least asked for in recent
years by the controller. The new
form also asked the location. title.
and names of the president and
cashier of bank, which is essential
to the controller in making his an
nual report to Congress.
The banks attention was called to
the fact that all records necessary
for furnishing information called for
in the longer reports should be main
tained as this information will be
called for in later reports.
While the actual call for state
ment of condition is perhaps ten
days hence, District bankers, as
whole, predict a huge falling off III
deposits. This is caused, primarily.
by the usual seasonal dullness.
Trading on Local Exchange.
Local securities, with the exception
of Riggs National Bank rights, reCov-
cred the greater part of their losses
suffered in yesterdays trading. Wash
ington Railway and Electric preferred
sold up to IN after opening quar-
ter point lower on sales aggregatins
forty-three shares. Gas Light stock
she res, and Lanston was firm at Is.
Riggs rights sold at SO and SO IA,
twenty-five certificates changing
ownership.
The bond list was neglected. one
Washington Gas 6 of 1000 denomina-
tiOAA oN wv " bNAii5 bAAN O1AA@ - AS44StNN
tion.
Building Permits Gain.
After several months of decrease,
building statistics for August show a
gain in permits issued. which in
volved an estimated expenditure 81
$205, ,230374 at leading cities of the
United States. This is the heaviest
amount reported to DunS Review
since last May and shows an increase
of 1873 per cent over the total for
August, 1922. The larger aggregate
last month was mainly due to eXpan-
sion in Greater New York. where the
permits 56S) exceeded those
of August year ago by 56.4 per cent.
While the boroughs of Queens and
Richmond showed only slight gains,
there was an increase of 139 per cent
! in the Bronx, 1909 per cent in Brook
lyn and 34.4 in Manhattan.
Outside of New York city. the
August total of $I57. sos surpa ssell
the amount for the same month of
last year by So per cent. gains in
the southern states. central western
states and the Pacific coast section
more than offsetting decreases i'll
New England, the middle Atlantic
states and the western area.
Personal Mention.
H. D. K. Peachy, manager of the
local office of Brooke, Stokes q Co.
has returned from a vacation at Cape
May, y. ]. c. Griscom Randle, affili-
ated with the same concern. has also
returned from a motor tour of New
England territory.