The Washington times., 1925-03-13
W. B.. H|BBS HAS
UNEXCELLED
RECORD
Noted D. c. Brokerage and
Banking Firm Has Operated
for Thirty-six Years
BY RICHARD HATTON.

For considerably over a quarter
of century, thirty-six years. to be
exact, the firm of w. B. Hibbs &
Co. has been an outstanding insti-
tuition in the banking life of the
National Capital. There is no
better known nor more universally
respected figure in the financial
world of Washington than the
founder and head of this banking
and brokerage firm. w. b. Hibbs.
The Hibbs building, located at
723 Fifteenth street northwest. Is
in the very center of the financial
district. With its white marble
facade, which rises ten stories
above the street level, 1t is monu-
ment~to the long years of service
and success which this firm has
achieved as a Washington business
Associated with the founder of
w. B. Hibbs & Co. as a partner is
w. w. Spaid, who became a mem.
Der of the firm in 1912. after twelve
years association with Mr.. Hibbs,
Mr.. Spaid. who is secretary of the
District of Columbia Bankers As
ISOLATION, shares the popularity OF
the senior partner.
DuAtuAAHS NAOuCA OAACs
For ten years before the erection
OF the present office building, the
firm occupied quarters at 1919 F
street northwest. The present
building was completed in 1907. 1t
the needs of the banking and
brokerage business, and contains
every facility and convenience.
The first floor is given over to
banking offices, customers room
and waiting room. The library,
statistical and bookkeeping depart
ments are on the second floor, while
the tenth floor holds another GUS
toners trading room, which is the
most beautiful of its kind in The
United States.
The brokerage offices OF the firm
are models of comfort and con.
venience. They are fully equipped
with all necessary appurtenances
required TO keep patrons in touch
with the stock and money markets
throughout the United States and
Canada. Seven private wires are
maintained between the EIibbs Of
fices and New York, Boston, PhlIa-
delphfa, and all other important
financial centers, and the system
of communication is so complete
that the execution Of an order Of
any kind requires but few mo-
ments' time.
The banking department of w. B.
Hibbs and Company is entirely
separate from the brokerage bust
ness, yet, so closely connected are
the two that customers find con-
venient service in both.
Connections Numerous.
The local firm is a member Of
the New York Stock Exchange,
Boston Stock Exchange. Philadel-
phia Stock Exchange, Washington
Stock Exchange, New York Cotton
Exchange, Chicago Board of~Trade.
New York Curb Market, American
Bankers Association. and District
of Columbia Bankers Association
and has, for many years, been in
fluential in local banking affairs.
The firm has always sponsored the
growth and development of this city
and has contributed literally to
every effort along constructive de-
velopment lines.
While the brokerage end Of the
business holds the most prominent
place in the District OF Columbia in
this line, the banking offices are
complete in all details necessary to
the functions of a bank. The sue
cess and high standing which has
been attained by the firm Of w. p.
Hibbs and Company during it's
years OF financial service indicate
the wisdom OF its policy which has,
at all times, been progressive, while
well within the bounds of that con.
servatism essential to safety.