Evening star., 1926-10-13
NEW YORK FIRM BUYS BUSINESS
OF JOHN L. EDWARDS q CO.
Deal Effective at Once and Includes Rich
mond and Newport News Branches.
Prices Steady on Local Exchange.

sun. Potomac Electric Power pre-
ferred opened at 107A, and closed at
1O7M. Railway & Electric preferred
was out at 90k. Columbia Title In
surance Co, led in volume OF trading,
800 shares selling at 91s. Merchants
Transfer & Storage preferred came out
at 100 and % shares of Mergenthaler
Linotype sold at 1861. Two bank
stocks appeared on the board, 10
shares of Federal-American selling at
313 and 80 shares of Commercial Ma
tional at 230.
In the bond division, City & Suburb
an IS sold at S8, Washington Gas IS
at 1903, Railway & Electric as at 80,
while the first sale in Wardman Park
Hotel 512s changed hands at 9S12.
Bankers Regret Officers Death.
Charles E. Howe, cashier Of the
American Security and Trust Co.,
went to the District Building today
and expressed to Maj Hesse his per-
sonal grief over the untimely death
of Detective A. B. Scrivener. He told
the police head that bankers all over
the city especially mourned the loss
of such brilliant young officer. 1t
develops that the detective had been
particularly active and successful In
running down bank crooks who were
cashing bad checks. Scrivener had
been connected with so many impor-
tant cases that he had come to be
considered as one of the most skillful
detectives on the Washington police
force. Too much praise cannot be
given him for his courage, fearless
ness and unusual ability in appre-
hending law breakers, said Mr.. Howe.
Bank Call Dates Reviewed.
The Crocker First National Bank
of San Francisco has listed the dates
of all the controllers bank calls from
1886 to 1926, giving the days OF the
week on which the calls were made
and the number Of days elapsing be-
tween the calls. OF the 208 calls
there have been but 16 on Saturday.
The tabulation shows 80 have come
on Monday, 48 on Tuesday, Sc on
Wednesday, 80 on Thursday and Al
on Friday.
More calls have come on the 30th
of the month-18-than on any other
date, next being 16 on the 4th and
13 on the 31st. The longest time
elapsing between calls was 116 days
in 1921. The next year 105 days
passed between the calls of Septem-
ber Is and December 20. In 1923, 108
days rolled by between the last two
y
1920, calls were made each year. in
one of these instances there being
but 40 days interim and in another
but Al.
WOOlwOrth Declares 81 Extra.
AT a meeting of the directors of
f. w. WoolWorth Co. today in New
York, an extra dividend of 81 a
snare, in addition to the regular
quarterly disbursement of 81 was
declared on the common stock. The
extra is payable on December Is to
| holders of record on November 10.
This brought dividends on the COM
| mon for 1926 to Sc a share, a total
distribution of $15,000,000.
Mortgage Loans Running High.
The II. l.. Rust Co. correspondents
report that 3,81S families in the
United States and Canada were pro-
vlded with homes through mortgage
loans issued during September by
the Prudential Insurance Co. These
loans and those made on other prop
critics amounted to $17479,272. The
loans on living accommodations were
for a total of $13,576,972. Consider
able sums have also been loaned on
city properties other than homes and
/ oIl
Financial and Other Notes.
The advance guard of local bankers,
who attended the Los Angeles con-
vention are expected to reach home
tomorrow. Several turned eastward
about two minutes after the closing
session.
| The local Banking Institute chapter
| is now well under way for the first
semester. All the classes have met, but
the one in public speaking in charge
of Fernand Petit. A large registration
| is looked. for on the day this course
opens, October 20.
The annual Halloween party of the
women's committee, Washington
Chapter, American Institute of Bank
ing, will be held at Wardman Park
Saddle Club on Saturday evening,
October &c. the hosteeses to be the
members of the committee of which
Miss Catherine Krieg of Riggs Ma
tional Bank, is chairman. 1t is ex-
pected that this will be the largest and
| most enjoyable affair ever given by
the committee.