The Washington times., 1925-11-05
BANKERS Plan
1925 THEATER
PARTY
american institute OF Bank
ing Takes Over Polls for
November %
By RICHARD HATTON

By RICHARD HATTON
The ticket sale for the third an
nual theater party to be given b.
the washington Chapter Of thu
American institute Of Banking or
Monday evening. November %. u
proceeding with great success. The
local chapter Of the association hai
purchased the entire house at Polls
for the date of the party at which
time Pat Rooney and Marion Bent
will present the musical comedy
''Rosey O'Grady."
Reservations already have been
made for a great number Of seats
and the audience win be represents
tive Of the bank personnel OF the
city. Consuls Of the A. /. B. in the
different banks are handling the
ticket reservations and the proceeds
from the sale will be applied to the
work Of the institute here.
The annual theater party Of the
organization has become an event
OF considerable social Importance
and Is one of the many pleasant
features of a social nature under.
taken by the Washington Chapter
OF the al. /. B., along with the more
serious educational work Of the win
ter season. Membership In the local
chapter has surpassed all records
this year and the increasing interest
In the work OF this great educa'
tfonai institution indicates the i'm.
portance which it holds in the bank.
ing community.
Earnings of banks have declined
20 q perceptible degree IN the last
ten years due to increased cost OF
operation and lower interest rates
on money loaned, according to g
recent compilation OF statistics. II
Is stated that operating costs are
continuing on the up grade while
there is little possibility Of any
increase In interest rates which
seem TO be practically stabilized.
Too much paid in interest may
be one Of the causes of the present
condition, according to Local
bankers, but the main trouble, It
% thought by some, viii be found
"a the Improbable account. Very
careful consideration now is being
given the Improbable account
situation by District of Columbia
bankers and Il Is an encouraging
sign that tile intelligent Washing.
ton banking public IL. also, evlncing
an interest In this matter which
concerns the depositor quito as
much as It does the bank official.
Both desire to see their bank q
strong institution and 1t Is realized
that improbable business cannot
strengthen any business organiza-
ton. Tha problem OF tho unprofit-
able account win eventually be
solved 4 Is believed, through co.
operation between the bank and the
deposifors.
Recent surveys made by large
national financial institutions indf.
cate that trade Is being maintained
at q satisfactory level and that pro-
duction is large with the output in
most lines adjusted to tho rate Of
consumption. Local stocks are
moving IN a manner which justifies
a confident outlook for the re.
mainder Of the year.
Fundamental factors in the pres.
emit business situation in Washing.
ton seem to add strength 70 the
optimistic outlook according TO those
who keep finger upon the com.
mercial pulse.
The national business situation
win undoubtedly feel the influence
of the return made to the farmer
upon the marketing OF his crops
as the purchasing power Of this
large agricultural class VIII be en-
HANGED to some extent as prices
for fundamental farm products ar
being maintained. The credit situa
ton. also, seems TO be satisfactory
according to latest estimates in re
liable financial journals. The long
term outlook alone showing any
unsatisfactory tendencies. This u
probably due in some sections to q
sentiment Of caution regarding new
housing construction in the face Of
increased costs and lowering Of
rent levels
On the whole, the general bust
ness outlook as the country swings
into the last two months OF the
year Is considered quite salts
factory.
Savings deposits in the Morris
Plan Bank have increased 800 pei
cent since March, according to in
formation made public at the bank
today. The Morris Plan Bank hal
recently inOtalled an insured saw
mss uCpOSIS 0cpdFttIlSL1LB WlICn ~
meeting with especial success.
The Central Savings Bank has In
stalled q regular savings life insur
ance department, whereby the saw
ings depositors may make monthly
deposits and at the same time in
sure their lives.
This deposit takes care Of botI
the insurance and the savings &C
count.
The new real estate department
OF the Merchants Bank and Trus
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