Evening star., 1926-12-27
PRICES FIRM, TRADE MODERATE
ON THE LOCAL STOCK EXCHANGE
Seventh Street Savings Bank and Lincoln
National Bank Declare Semi-Annual
Dividends-McLachlen Has Birthday.

presents which fill the McLachlen
home it always happens that the mead
of the family's birthday gets very
little attention. 1t is understood tnat
this year was no exception TO the RUE.
Mr.. McLachlen is one of the young
est bank presidents in Washington,
having ben made head OF the pank on
the death of his father. He is very
actively interested in the DISTRICT
Bankers Association and has served
on many important committees. Dur
ing the World War he was captain
in the Army Air Service and made
a splendid record in a long term of
service overseas. He is a director in
several financial organizations. he
is a graduate of George Washington
University and belongs to several OF
the city's leading clubs and also the
Board of Trade.
Standard Check Sizes Stated.
At the recent meeting of a COM
mittee of bankers at the Bureau of
Standards, the financiers reaffirm pre-
vious recommendations regarding the
standard sizes of checks. drafts and
all other kinds of bank paper. These
specified that bank drafts, certificates
of deposit, cashiers checks, special
or individual checks, customers s
drafts. notes, trade acceptances.
voucher checks, collateral notes, spe-
cial notes. when folded, and other
similar instruments by uniformly
33s by 8as inches; that deposit slips
be 33s by CTS inches or multiples Of
67s inches; customers checks and
counter checks, 31-16 by 8A inches;
pocket checks, 2% by Ga inches, and
end stub for pocket checks when not
interleaved, including binding margin,
2A by 21s inches.
This is a problem that has received
careful consideration by the Wash
ington Clearing House Association
and the District Bankers Association
and much progress has been made
here toward standardization. i. j.
McQuade heads the bankers com
mittee having the matter in charge.
1t Is certain that an immense amount
of time can be saved when all banks
everywhere adopt the uniform size.
Seaboard Bond Issue Planned.
The Seaboard-All Florida Railway
has applied to the Interstate Com
merce Commission for authority to
issue Jointly with Florida Western and
Northern Railway and East and West
Coast Railway 81, ,451 900 of first mort
gage per cent bonds. The bonds
will be delivered to the Seaboard Air
Line Railway at par in part payment
for advances made by the Seaboard to
the three lines for additions ana pet
termentS.
Republic OF Costa Rica awarded
SIS. 900 900 25-year' external z per cent
gold bonds to the Central Union Trust
Co, acting on behalf of banking
group consisting of j. & w. Seligman
& Co., Blyth, Witter & Co.; Marshall
Field, Glore, Ward & Co.; f. ). LIS
man & Co. and Hemphill, Noyes & co:
This issue is the first of its KIND
ever arranged by Costa Rica as
public dollar loan.
Personal Mention.
William D. Hoover, president OF the
! National Savings and Trust Co.,
passed Christmas at the home of his
daughter in Huntington, w. Va.
|. A. Fleming. financial editor and
writer, left Washington Sunday eve
ming for his annual Winter visit IN
, the Southland.
Thomas f. farrell, president of the
Washington Savings Bank, is plan
ming a visit to Florida at an early
date.
Frank w. Stone. vice president OF
the National Savings and Trust Co.
spent Christmas in New York. where
the holiday was made especially nota'
BILE because of the gathering Of -four
generations.
Charles p. Shaeffer of Crane, Paris
& Co, passed Christmas with relatives
F.; in Westminster, Md.
| Thomas P. Hickman, vice president
of the Franklin National Bank, spent
| the Christmas week end at his old
| home in Virginia.
Controller McKintish has returned
/ from a trip to the Pacific Coast. which
8; he made by way of the Panama Canal
| Francis NJ. Savage, president of the
, Central Savings Bank, spent Christ
mas visiting the Eastern Shore OF
/ Maryland.