The Washington times., 1926-08-25
BANK FOLK ON
VACATIONS
By RICHARD HAFTON


These are days of cemings and
goings in local banking circles
Most Washington banks are operat
ing with reduced staffs owing tt
absence of officers on their summer
lVacations.
President John B. Larner, Of the
washington Loan and Trust Com
pany, is vacationing at his sum
1ner home near Mifflintown, Pa
n. j. Earnshaw, of the Washing
sdon Savings Bank, is spending a
months vacation in Virginia while
president L. p. McLachlen, Of the
MeLachlen Banking Corporation re-
turned today from a short trip to
Z pennsylvania.
IS President Maurice Otterback. of
the Anacostia Bank, is back at his
desk today after being laid up for
. week with an attack. Of la grippe.
The Bank Of Commerce and Saw
ings has been hit particularly hard
by the vacation complex with Pres1-
dent NJ. d. Rosenberg,. Assistant
Cashier Frank Owings, General
Council Wolf; Secretary Joseph H.
Milans, Director Henry E. Meyers
azld Director Louis Bush all away.
President r. L. Schriner, OF the
Bank of Brightwood, has just re-
turned from a two weeks motor
trip through Canada and Assistant
Cashier B. j. Sisceu of the same
institution is away on a two weeks
vacation. Assistant Cashier r. j.
Doo1ey, of the National Bank of
Washington, is spending two weeks
at North Beach and Cashier III. L.
Selby, OF the Farmers and Mocha
MICS National Bank, is spending
three weeks at South River. Va.
Vice President B. A. Bowles, OF
the Potomac Savings Bank, is TAX
ing three weeks vacation which
he is spending near Piney Point,
and w. w. Marion, cashier of the
Second National Bank, is on a three
weeks motor trip through New
England.
Vice President C. w. Warden, OF
the Continental Trust Company, is
spending some time at his country
place in Virginia. Assistant Treas
urer Ernest Gerstenberg, in charge
OF the Twentieth Street and Penn
@ylvania Avenue branch OF the Mer-
chants Bank and Trust Company,
IS In New England on vacation. f.
q. Ghiselh is in charge of the
branch office during his absence.
Miss Mary J. Winfree, of the
Continental Trust Company, is at
the Marlborough Blenhiem at At
lantic City for two weeks. Presi-
dent John r. Waller, of the Inter
national Bank, is on an extended
f6A
West and Canada. Vice President
tional Bank, is expected to return
Monday from a months holiday
spent in the White Mountains.
49, .asr .------s
At the last meeting Of the ..edi-
toriaI staff OF the local A. I. b.
magazine, Dollars and Sense, it
was decided to issue the publica-
ton four times a year instead of
three times as heretofore. The
magazine hereafter will appear in
September. December, February and
May. As the magazine will be
greatly enlarged in scope the conf
rnittee is DESTROYS that the per-
sonnet OF local banks cooperate to
the fullest extent in providing ma.
terial for the several issues.
Plans have been completed for
the annual convention of the Mort
gage Bankers Association of Amer.
lea, which will be held in Rich
mond, Va, September 81 to 90,
and an unusually strong program
has been arranged, according to the
committee in charge.
OF particular significance is the
proposed advertising exhibit which,
It is stated, will be one of the big
features of the meeting. This
stressing Of advertising by the
Mortgage Bankers Association Is in
line with the now generally accept.
ed bank Judgment that consistent
and well prepared bank advertising
10 necessity of modern business
progress.
It is expected that members from
practically all sections of the
United States will be present at the
Richmond gathering and those who
will appear on the program include
Congressman w. R. Green of Iowa.
chairman of the House Committee
on Ways and Means; President L.
j. Esty. of the Ohio Mortgage AS
ISOLATION; George w. Barber. of
the Department of Agriculture;
Z VIC ICSlhCiII guy w. 1O8, OF the
John Hancock Mutual Life Insur-
ance Company, of Boston; Fred r.
Marvin, editor of the New York
Commercial, and E. w. Mccullough.
Of the United States Chamber of
Commerce, and others.
The women's committee of the
washington Chapter of the Ameri.
can Institute of Banking, will meet
In the organizations rooms at 8
o'clock Wednesday evening when
Miss Catherine Krieg, chairman,
will discuss plans for the annual
won1en's dinner.
Cotton Prices Higher
NEW YORK, Aug. 25.-Cotton
prices were higher at the opening
OF the market today. Initial values
were TO points higher. October
onened at l774 I'm "a. necarobay