Evening star., 1926-09-18
BANK CLEARINGS TAKE SLUMP; !
RICHMOND is OFF 15.4 PER CENT
Other Cities Have Decreases-Drop for
Country Is AZ Per Cent-Trade Con-
: ditions Reported Improving

templated or now in the course of con-
struction.
J. r. Kenly, president of the Allan
tic Coast Line Railroad. expects Au-
gust and September earnings will be
somewhat below last year. The fall
ing off is due to the absence of the
Florida BOOM which was thriving at
his time a year ago. However, he
expects the full years earnings will
run about the same as in 1925. He
adds:
conditions in Florida are normal.
There is a good deal of business going
on and people are really paying more
attention to business than they did
last year. Outlook for heavy citrus
fruit crop is bright. I expect tourist
travel to Florida this Winter to be
as heavy AS last year"
Local Bank Votes Dividend.
The board of directors of the Farm
ers and Mechanics National Bank
have declared the regular quarterly
dividend of SO share, payable Oc-
tober /. to stockholders of record at
the close of business September "a.
The comparison of the number of
commercial. failures this week with
those of year ago is favorable, a
total of 327 being reported to r. G.
Dun & Co This compares with 3oS
defaults during the corresponding
period of 1925. and each geogra phical
section, except the Pacific Coast,
shows a decrease.
Joshua Evans, ir. executive vice
president of the District National
Bank. reviewed the splendid work done
by the Washington Better Business
Bureau In an address before the Rich
mond Advertising Club last evening.
lie also declared that truthful, adVer-
tisins had done more to better living
stands in the United States and bring
comfort and happiness into homes
than any single factor in modern
business.
Personal and Other Jottings.
Howard Moran. president of the
District of Columbia Bankers AS
ISOLATION. leaves Washington tomor-
row for the Los Angeles convention.
He plans to go by rail over one of the
best scenic routes. but will make the
return trip by way of the Panama
Canal.
Boston reports that executors un-
der the will of the late John w.
Weeks have filed with the Probate
Court bond for 81 500 900, on the back
of which appears a notation to the
effect that the personal property of
the estate is estimated at $1,000, 900,
with no real estate.
Executive Vice President Albert s.
Galley Of the Lincoln National Bank
will return to his desk Monday after
a three-Week vacation passed on a
motor trip through New England. On
the trip he has visited many popular
Summer resorts.
Wade H. Cooper. president of the
United States Savings Bank and of
the Continental Trust Co, will leave
Washington on September % for the
Los Angeles bankers convention.
E II. Graham, assistant cashier of
the National Bank of Washington, has
been confined to his home for several
days with illness
Paul B. Detwiler head of the Insti
tute of Banking, will attend the local
chapters enrolment night meeting
next Wednesday. He was here last
year and is an excellent speaker.
Bank Women Arrange Dinner
The women's committee of the local
chapter. American Institute of Bank
ing, will have a dinner at the Women's
City Club next Tuesday evening, at
which the principal speakers will be
Mrs julius n. Freeman. manager of
the tourist bureau of the Merchants
and Miners Transportation Co, Bal
timore, and Raymond B. Dickey, dean
Of the local faculty. President r.
Hunton Leith and the board of gov
ernors of the chapter will be special
guests. These bank women are show
ing very great interest in the chapters
educa tiOual work