The Washington times., 1926-09-21
BANK STUDENTS
JOIN GLASSES
By RICHARD .HArrnN

By RICHARD HATTON
Enrolment for the courses of in.
struction to be given by the Wash.
ington Chapter OF the American
Institute Of Banking is now going
on at the rooms of the organization
in the headquarters OF the District
Sof Columbia Bankers Association.
Fulfilling earlier predictions, the
enrolment is far surprising that
for previous years with many addi-
ttonal students in all classes.
The Washington Chapter will
open the season on Wednesday
evening at the Willard Hotel. This
function will be preceded by q
dinner in honor of Paul B. Det-
willer. National President Of the A.
I. B., which will be given by the
Board Of Governors Of the chapter.
Following the dinner to Mr.. Det-
willer the graduating class OF the
institute will receive certificates.
This is the larges. class ever
graduated and well over 100 quail
fled students will be handed their
parchments by President T. Hunton
Leith, head Of the Washington
chapter. National President Det-
willer will be present at this func-
ton and at the dance which will
follow the regular program.
During the evening the Charles
]. Bell prizes will be presented to
winners by Mr.. Bell and brief
addresses will be made by Presi'
dent Robert v. Fleming Of the
Riggs National Bank and Vice
President E. J. McQuade Of the
Liberty National Bank.
One of the courses to be given
this winter which is attracting nu-
rmerous students is that in Standard
Economics under the direction of
F. ]. Donohoe, A. B., LII. B., which
includes such subjects as consump-
tions production, money value,
banks, transportation, foreign trade,
marketing. and merchandising, rent,
wages, Federal revenue system, etc.
The $3.50, 900 of first mortgage
bonds now. outstanding on the In
surance Building issue, Washing
ton, D. c., have been called for
payment on October 16 next at 1O2
and accrued interest.
The issue was underwritten and
sold by the F! H. Smith Company
in October 1922, in the total sum of
$3.50, 900. Through the Smith Com
pany's plan Of amortization and
monthly sinking fund payments, the
issue has now been reduced to
$3S0.o00.
The interest rate on these bonds
was 6 per cent for the first five
years of the term and s per cent
for the last five years.
The Insurance Building, a seven
story office building, Is located at
the northwest corner Of Fifteenth
and Sts. N. W., Washington.
! The monthly bulletin Of the Dis
trict of Columbia Bankers Associ.
alton says:
"Mr. Joshua Evans, jr., will retire
as a member of the executive coun-
ell Of the American Bankers Associ-
alton, having served his full term
Of three years, at the close OF the
convention at Los Angeles. His
work for the association has been
most able and splendid, and our
own association has benefited by his
cooperation as well as by his Of
ficial connection with the national
associa ton"
Harold J. Seeley, formerly a note
IIiO VA
.tional Bank, has been appointed an
assistant national bank examiner in
the Second Federal reserve district
with headquarters in New York
city. Mr.. Seeley is a graduate Of
the Washington Chapter, American
Institute of Banking.
The annual dinner of the Wom-
ems committee of the Washington
chapter will take place this evening
at the Women's City Club. An
elaborate program has been arranged
by the committee in charge.
There is a distinct upward trend
In buying in Washington according
to many merchants and the prospect
seems to be more than usually
bright for a strong fail buying de-
mand here, and, according to the
National Bank Of Commerce in. New
York: 1.-The outlook continues to be
for active, good business through
out the remainder o1 1925. The
probability is that the aggregate
volume of goods passing into final
consumption between now and the
end of the year will be at least as
large as in 1926 and it might show
q gain OF from to per cent, this
being generally accepted as nor
NAL expansion due to year.to-year
increase in the population and bust
ness of the country"