The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-10-11
BANK To MOVE
IN NEW HOME
By RICHARD HATTON

The handsome new building OF
the Chevy Chase Savings Bank. at
the corner of Connecticut Avenue
and Morrison Street. will be &C.
cupied Friday. and the officers
have issued invitations to the for
NAL opening from z to 10 o'clock.
The structure is one OF the hand
soonest recently erected in Wash
ington, and is a credit to the
president, the directors and the
officers.
Exterior and interior Is designed
after the earlier period OF the
Italian Renaissance. The exterior
walls are of Briar Hill Sandstone,
pinkish cream in color with flash
ings Of brown and purple. The
base is OF clark gray polished
granite.
Facade Is Simple
The facade is simple, the only
ornamental features being the name
of the bank in dark bronze letters
below the cornice. a simply carved
doorway of st. Genevieve marble
and four placques. two on each
elevation. These are carved in bas-
relief, the two on the Connecticut
Avenue elevation representing
George Washington and Pierre
L'Enfant, while the two on the
Morrison Street side are of con-
ventional motifs from the National
currency.
The interior is designed to give
an air of hospitality in this. in
strict keeping with the friendly
spirit of the institution and the
attitude Of the banks officers and
employees.
The walls and ceilings are
executed in putty-colored. troweled
plaster, the ceiling being groined
vault, springing from plaster caps
of moulded categorical figures repre-
senting the national currency and
the principles OF thrift ana
prosperity.
The lower portion of the banking
screen is of Botticino marble. The
upper portion of the screen being
of bronze with plate glass set into
the panels. The floor of the main
banking room is of Tennessee
marble with travertine border.
Vault Is Massive Feature
Besides the main banking room
on the first floor there are offices
for the banks officials, a ladies'
room, committee room and a mod
ernly equipped and securely con-
structed safe deposit department.
The safe deposit vault is a massive
feature and is utilized as an inn
portant part of the interior design.
On the mezzanine floor are ac-
counting and bookkeeping rooms,
file room and large room, hand
somely finished and appointed, for
the board of directors. This boalC
room is reached from the rear OK
the building by means of a mezza-
nine balcony which is treated with
ornamental iron railing forming Il
part of the interior design.
The Chevy Chase Savings Bank
was opened for business on DeceIn-
Der l, 1921, and its deposits and
resources have advanced steadily
with increasing business. June 80
OF this year the total deposits OF
the institution amounted to $4So.-
764.08 and the total resources were
$555 ,409.01.
DIR. Frederic Ernest Harrington is
president of the Chevy Chase Saw
ing Bank. and the other officers are:
First vice president. Thomas W.
Perry; second vice president, Alfred
B. Leet; third vice president and
cashier, J. Ezra Troth; counsel, Paul
Sleman; secretary, Clyde D. Garrett,
and assistant cashier, ?. S. Spoon.
The directors are Frederic Ernest
harrington, Thomas w. Perry, Fred
w. Mackenzie. Paul Sleman, Clyde
d. Garrett, Alfred B. Leet, Joseph
A. Burkart. f. j. Murphy, Stanton
C.. Peelle, John G. Walker, George
p. Hoover, r. Frederick Hatcher,
Bynum L. Hinton. S. Peacock,
Thomas K. Conrad, William A.
Mills, Frank Simpson, Herndon Nor
sell, Horace Z. Troth, jr.. John
Julse, Truman Able and Frank
Shipe.
Corporate profits in the United
States are setting new high records,
it is declared in the business review
in the current issue Of the American
Bankers Association Journal.
with reports Of profits from
some $50 leading corporations avail
first half of 1926. it is clearly indi-
Gated that the business profits of
the present year will set a new
high record" the Journal says.
The aggregate earnings of this
large group are 1858, 900, 900, COM
pared with $470, 900 900 for 1925-a
gain of 81 per cent. OF industrial
corporations reports published, 65
per cent run ahead Of last year and
only 35 per cent fall behind"