Evening star., 1924-09-11
TOPICS ANNOUNCED
FOR CONVENTION
Bankers to Take Up Many
Vital Questions-LocaI
Securities Strong.
BY CHAS. r., SHAEFFER.

III ehhSs fIs, ShAEEEEIk,
Authoritative speakers representing
every phase of American business will
be heard by the Nations bankers at
the coming annual convention of the
american Bankers Association, which
VIII be held in Chicago September 20
10 october ?. Divisional and COM
mlttee meetings will be called the
opening day, with the first general
session scheduled for the following
morning. September so.
Nhat appears to be the most in
terestlng topic offered will be deliv-
ereo by Dwight w. Morrow of J. P.
pahker OF worldwide recognition.
especial interest attaches to what
Ahr. Morrow may have to say, in view
OF MS recent discussion of the Wav
International loans are handled. re-
1utlng popular notions that their sue
cess depended upon the dictatfon of
Ie" huge International banking
houses ard showing that they re-
quired the confidence of a vast num-
ber of small investors
Program i'm Detail.
The program in it's entirety fol-
lows:
Tuesday, September 80, $50 am
Concert, orchestra; vocal solo, Miss
Agnes Neudorff: call to order, Presi-
dent Walter w. Head; Invocation;
address of the president; report, off,
clal acts and proceedings of the ex-
ecutive council; address, Relation of
Agriculture to Other Business" L. r.
Meredith, Meredith publica tons; ad-
dress, Dwight w. Morrow, ]. p. Nor
gan & Co; appointment of resolutions
committee; communications and
nouncements.
Wednesday, October ], $50 AIM
Concert, orchestra; vocal solo, Miss
Agnes Neudorff; invocation; address,
, Tuning In With Events" Arthur
Reynolds. president Continental and
Commercial National Bank; address,
The Railroads as Factors in Busi-
ness" c. II. arkham, president nli-
nols Central railroad; report of NOM
mating committee and election OF
officers. address, Making Securities
Secure" John r.. Fdgerton, presi-
dent National Association of Manu-
facturers: report of resolutions COM
nittee; communications and an
nouncements.
Thursday. October .. $50 am.: Con-
cert, orchestra; vocal solo. Miss Agnes
Neudorff: invocation: address, THE
Responsibilities of Citizenship" Jus
tice James c. CropSey. New York Su-
preme Court, second district; address,
Banks and the Government" Senator
beoiSc W ldI ION fepptE, uHlilSneu
business; new business; installation
of officers; announcements; adjourn
ment.
Urges Making of Wills.
In an effort to stress the Importance
Of making a will. the Washington
Loan and Trust Company has dis
| tributed an attractive pamphlet en-
! titled The Will of Washington" In
| it is contained the will of the first
| President, followed by a citation of
| the varied advantages accruing from
such foresight, and concluding with
extracts of provisions of the District
of Columbia law relating thereto.
Seeks Bond Issue.
The Texas and Pacific Railroad today
| applied to the Interstate Commerce
Commission for permission to issue in
| lieu of note previously held by the
director general of railroads, 1900
| 600 of per cent secured gold notes,
| and to pledge as collateral for the
notes $500, 900 of general and refund
| ing mortgage 6 per cent gold bonds.
Funds for New York Banks.
| New York federal reserve banks
| will receive AZ per cent of the $780,
| 600 900 in interest to be paid on the
| Governments debt on September 15-
| The high percentage is accounted for
by the fact that banks and other in
| stitutions here are among the largest
| holders of these securities.
| Local Market Strong.
! A strong tone was again evidenced
| on the Washington Stock Exchange
this morning, with the leadership
| being taken by Railway preferred,
which advanced to 76A; Washington
| Gas, which rose to 50S, and Capital
Traction. which maintained its high
! Oh the present movement. 80.
| Railway preferred was in good de-
| mand, 120 shares changing hands.
| This issue opened at 7534. advanced
| to 76 on the next sale, and the con-
! cluding ten-share sale resulted in
another rise of a quarter point
Gas sold to the extent of Al shares,
| while but 80 shares of Traction
| changde ownership. Lanston was firm
i7Sk, as was National Mortgage and
| Investment preferred at 92s. Three
shares of American Security and
Trust Company sold at 305.
! Bond trade was well diversified, but
! quiet.