Evening star., 1926-05-13
DEALINGS LIVELY
ON EXCHANGE HERE
Bank Stocks Active-CapitaI
Traction Loses 3-8 of
Point Today.
BY EDWARD c. STONE.

on the Washington Stock Excha nEe
today, when both stocks and bond
were very active. Capital Traction
stock, which jumped into the limo
light yesterday. lost three-eighths Of :,
point today when SO more shares were
sold at 1885. Columbia Title 1nsur-
ance 60. stock was the most heavily
Traded in, 275 shares changing hands
In three tranSa ctions at g..
Bank stocks drew special attention
with the American Security and Trust
60. leading the market on turnover
OF 20 shares. This stock opened Al
385. dropped to 3S47s. went back to
3S5 and closed at 3S47s Riggs Ma
tional Bank stock opened at 454s4 and
closed ct 4546s. the days turnover be
ing but 10 shares. Five shares OF
Seventh Street Savings Bank stock
came out at 225; 10 shares Of Mer-
chants Bank and Trust Co sold At
153, and 10 shares Of Continental
Trust sold at par.
Washington Railway and Electric
preferred sold at 81 while Merchants
Transfer md Storage common brough,
11412. and the preferred of the same
company registered another sale a.
S912 Capital Traction 5s opened the
bond market Al par; Potomac Electric
consolidated 5s came out At I0o5s.
Washington Gas 5s were prices af
1905 and the SIS at l02 Washington
Railway and Electric IS stood . ST..
Bank Occupies Additional Space.
The real estate department o. The
Merchants Bank e. Trust 90. opened
for business today in the new quar-
ters the bank has added TO its pres
ent facilities in the Southern Building
at Fifteenth and II streets. The banks
program of expansion brought 4 de
mand fOi additional space and the
store next 10 the bank on the II street
side was taken over. An entrance t."
the new Office has been made from
the main bank and there is also All
entrance from the street and another
| from the main corridor of the build
ing
The move makes additional space
available in the main lobby Of the
bank and this Will he used for new
booths in connection with the safe
deposit department. The changes are
a decided improvement in every way.
Institute Ends Splendid Year
Final examinations have brought
the years work OF the local chapter
American Institute of Banking to .
successful close. The year has been
the most profitable on record. as more
courses were offered and more time
devoted 10 class work The members
of the faculty deserve great credit
for the efforts they have p3t tc~.r
/ All are men of wide experience. the
list including Eliot II. Thomson, Ra s.
| mond B. DiCkev. +. j. Donahue, VII
| nam Deviny. William q. BuChan
| Dale Carnegie and F'ernand Petit. All
! manner In which the students took
/ hold of their work and met the extra
/ amount OF effort demd nded this yea
! oy the institutes enlarged program
| 10 the institutes educational com
nlttee also belongs much praise tor
| the years progress. This committee
is headed by T. Hunton Leith. chair
man. Joseph ID. Yerkes. vice char.
man. and Miss Florence NJ. Wfler.
, secretary, other members being
FRA g. Addison, jr.: Charles u.
BOYER Miss Grace NJ. Bromley. Harold
w Burnside. James {. Dulip. jr., J
! r. b. Goidney. Edward J. McQuade
| James NJ. Mason. Ellsworth Mover
MIS-. Lana NJ Sloat, William c. Win
stead. ID. F.. Wisecarver and Miss Mil
! dred c. Woodcock.
senator Organizes Land Bank.
Under the leadership of Senator 10
| seph L. Robinson, complete orSariza
tlon OF the Southwest Joint Stock Land
Bank at Little Rock, Ark. has heeu
erected. according to an announce
ment by NJ. F. Dickinson. president
IL IS expected that c. F. Childs & co.
| VIII make public offering soon of the
nrst issue of bonds of the new insti.
tuition
! The bank. chartered by the Fedora
Farm Loan Board. proposes To pro
! VIDE additional credit faCilities for
| farmers IN the territory served by the
institution
| Mr.. Dickinson. before acceptinc the
presidency of the bank. was. success
sively. appraiser. director and treas.
llrer of the Federal Land Bank of ST
Louis. Senator Robinson is chairma n
of the board.
| Coll Tournaments Announced.
! The chairman of the bankers con
vention sports committee. Charles II
Doing. ir.. states that the w. 8. Hibba
cup will be offered as usual for the
Is holes medal play handicap. The
/ Herbert T. Shannon cup also will he
offered this year. The Hibbs cur
was won last year by Clyde 3. Ashe,
and the Shannon cup by Harry V
P. McLachlen again will arouse grea
interest this year. In the putting
contest planned for the wives and
daughters OF the bankers. the usual
cup offered by John Poole will be the
| prize for extra skill An effort Is
being made to add some more cups
| this year in order to make the golf
features of the convention even more
interesting than ever.
Big Exit of Insurance Agents
| About 300 Washington insurance
agents left this city this forenoon for
Baltimore TO attend the Maryland-D Dis
trict of Columbia life insurance sales
congress being held in the Monument
| City this afternoon and evening II
was expected that about 1000 under
writers would be present. Gov.
Ritchie was on the list of speakers.
| Other Financial Notes.
Continued industrial activity in tho
! West and Middle West is reflected In
the electric output of subsidiaries ot
| the North American Co. for the week
ended May S, which exceeded $4,000.
900 kilowatt hours. an increase ot
1913 per cent over the corresponding
period last year.
Bank Directors i'm Luck.
Howard II. Norton, Henry T. Otter
dinger. George c. Humphrey and
Peter Latterner. all directors in tho
Lincoln National Bank, have Just re
turned from a fishing trip to Wacka
preague. on the Eastern shore OF NIr-
ginia. These Washington men declare
| it is the finest place to fish in the
world. They insist that they caught
As fish in one day. During their week 5
visit they made such a haul that they
saw it would be useless for any one
else TO fish i'm the same waters.
Southern Diaries Report Out.
| Csn,.I,ar,, Dairies Inc rnportS IN tho