Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-17
CITY Man
HEADS INSTITUTE
Young Bankers to Meet Next
Year in Detroit
Clearings off.
By EDWARD G. STONE.

Reports received here today state
that Paul B. Detwiler of Philadelphia
was elected president OF the American
Institute OF Banking at the close Of
the annual convention at Dallas, Tex,
yesterday. p. r. Williams Of Los
Angeles was chosen vice president.
The four executive counciimen elected
were Charles D. Hayward. Kansas
City, Mo-: Thomas J. Eugent, Chicago;
William p. Thurston, jr., Baltimore,
and C. Harold WEIGH, New Haven.
Conn. w. b. Cayce Of Fort Worth,
defeated for one of these positions,
was made chairman Of the national
membership committee. Detroit OBJ
tained the next convention without
opposition.
The philadelphia Chapter received
IS in gold for the best chapter publ
cation: Denver. s. for the best piece OF
chapter advertising, and District NO:
4 received a like award for the most
effective publicity.
Nation Extremely Prosperous.
The Nation il thrifty as never be-
fore, DIR. j. Anderson Fitzgerald, dean
of the School of Business, University
of Texas, told the investment bankers
conference, He asserted the outlook
for investment banking is In It's
brightest history. From 1913 70 1870
deposits in savings banks In the Ma
ton increased from $4,000. 100000 70
IS, 900, 900 900. Savings ana ceruncaIe
deposits in all banks increased from
Sc 0OO. 600 900 to $21. 900 600, 900 over
the same period, and the Federal Re-
serve system reported June 8 that its
member banks had increase in de-
posits Of $47S ,000. 900 over last year.
All fhfs happened during an era that
has been characterized as extrava'
CANT.
@Two observations are clear, DR..
fitzgerald said. zone Is that. as the
Nation has grown and the Dollar NJ
shrunk, savings have more tnan kep1
pace. The other Is that there Is aDun-
dant margin in some places TOT
Greatly Increased savings. q goal
which every financial agency snouid
assist in achieving.
Merchants Suggest Convention Talks.
washington merchants have re-
cefyed requests from the National Dry
Goods Association for list OF topleS
which they would like to near. ols-
cussed at the convention IN Cnicaso
in September. Members are 49,
asked to name any speakers they
would especially enjoy hearing. The
national committee reports many me
aurgegtions already received. among
the topics mentioned are these:
"Is Store-wide Sale an Asset OF
Tiahilftv?'' what Does II Cost 70
Write an Ad?" "where to Get and
How to Train Copy Writers? WHAT
Is a Sales Promoter? How 20 Keep
Your Trade at Home" Value OF
stunt Advertising" Community
Publicity Efforts. 80
What an Advertiser Snoul9 hnOw
About Merchandising" What Q
ssyVby Is a Style Shown" what Good
Is q Budget?" basement Store Ad-
vertising."
Bank CIearings Under 1879.
owing to a considerable falling on
nj New York City, bank clear1ngs IN
the United States this week are below
those Of a year ago. Tnus. Iea1ne
certers report an aggregate OF
$4,000 to Dun's Review, wnicn - -
nay. cent less than the amount Tor the
corresnonding period of 1925. The
New York City clearings OF $4,oOlc
aof, 600 show q decrease or lS.S per
cent but those at the outside cities'
totaiing s3,677, ia 900, disclose an IN
craa s. ~ g per cent. Losses at m
dividuaI cities slightly outnumoer
ga,ns. but substantial increases ap-
1ear at Boston, Pittsburgh, Kansas
CITY. Los Angeles and Seattle.
Rank Publication Appears.
Two employees Of the Riggs National
PAM, have revived the Clearing House
Kev. which has been published on
various occasions since 1919: Is
devoted to the lighter side OF banking
life II announces that Comdr. Rich
ard p. Byrd is Riggs depositor'
"a were Admiral Peary and Gen.
Greedy. n view OF the fact THAT 90
MANY depositors are visiting the
North Pole it is suggested that the
new Riggs Bank branch should De To-
Gated in that vicinity. The puoilca-
ton refers to the fine record made by
the banks base ball club in winning
Ave straight games, and runs cartoons
Of Riggs officers drawn Tor the not
Strings convention. The issue Is
very attractive from typographical
Viewpoint. The editors are William
IL. Rankin, jr.. and Horace G. Haines.
g. Edward Way, new business man"
aeer Of the Central Savings Bank,
n r,assing hts vacation as the guest
Of John Prindle Scott, noted COM
poser. at his Summer residence, NC
onnoIYOh N Y.