Evening star., 1926-11-11
NOR AN AND HAYNES GUESTS
OF HONOR AT BANKERS DINNER
Representatives of Cotton-Financing
Bodies Confer Here With Federal Farm
Loan Board on Disposition of Crops.

5000 transfer of Washington Gas 6s
at 1908, while Washington Gas 5s
sold at 101. Washington Railway and
Electric As opened at S312 and closed
off an eighth.
AT the meeting of the board of
governors of Washington Chapter, A.
/. B., last night 1t was voted to have
THE Passing Show of 1925 as the at
traction for the annual theater party
and Monday, November 90, was the
date set and Polls the place. T. II.
Leith and his assistants feel sure this
will be the best party ever given, as
the stage attraction is the best ever
| secured. The revue is from the New
York Winter Garden, one of the
| Shubert productions, and has made a
reputation that will be sure to appeal
to Washingtonians. AS usual the
| proceeds are to be applied to the eX-
| penseS of the local institute of bank
, ing.
! Raymond p. Lochte of the District
National Bank has been made com
mittee chairman, the other members
being Harold w. Burnside. Farmers
! and Mechanics National Bank; Miss
S. W. Burwell, National Metropolitan;
f. Jesse CLANCY, Commercial Ma
tional: B. L. Cotton and w. w. Lisso-
witt. District National; H. II. Oar
/ nellie, National Metropolitan; j. NJ.
! John T. Fletchall. Potomac Savings:
Miss Catherine Krieg, Riggs National:
Robert II. Lacey, Columbia National;
Miss Mabel V. Royce, Washington
Loan and Trust: Alfred w. Sherman
American Security and Trust, and A
NJ. Schiller.
The ticket sale will start in few
days and reservation may be made
now from the above members.
Banker Explains City's Needs.
! But two things are needed-vision
! and couraGe-to make Washington ex-
! pand as fast in the next 10 years as
the city has the past decade, said
Robert n. Harper, president of the
District National Bank, in urging CO.
operation and support for the new
secretary Of the Chamber of Com
merce, Dorsey w. Hyde, jr. He said
| the best example of vision and cour-
| age that he knew of was furnished
by the Washington Railway G. Elec-
trio Co. when the road laid tracks
ont into corntields and even in the
woods.
What happened?" he asked. WAS
the cOmpany's vision and courage mis-
, placed in going far out into the
suburbs and putting down rails in
fields?
THE city has developed until farm
land that was producing so many
bushels of corn per acre is now selling
for so much per square foot"
Insurance Men Dine Tonight.
Members Of the District Life Under.
! writ or 4 Lo,
and entertainment at the Raleigh
! this evening. In addition to play
! a serious number on the program will
! be an address by John A Reynolds
| of Detroit on Life Insurance Trusts. -
| The subject is of such vital impOr-
! tance to bankers that many local
! financiers have accepted invitations
/ to be special guests on this occasion
! The forum discussions at the monthly
! meetings are proving of great value
/ the local underwriters associate
, now being on the top wave of pros
! perity.
! Announcement that the Washing
! ton banks will again use the co-opera
| tive method of booming the Christ
mas CLUB savings idea makes timely
the fact that during the present year
1000 people III the Capital have been
; members of these clubs. During the
holiday season they will draw checks
totallng about $4,000 900. The figures
OF the bankers advertising commit
! tee show that participation in this
/ form of saving has gone ahead with
leaps and bounds, the coming diSburse
ments being more than 81 900, 900
above those of a year ago. Thousands
OF those receiving these checks de-
eide they will not spend the full
amount and reinvest considerable
sums for permanent income.
What Bankers Are Doing.
Edward l.. Hillver. vice president
Of the Union Trust Co., and a mem
Der of the board of governors of the
Washington Stock Exchange, will re.
turn from q months vacation passed
| IN West Virginia, next Monday.
Cashier James A. Soper of the Lin
coin National Bank has returned from
| q two weeks vacation.
William r.. SchoOley of the Amer
lean Security and Trust Co, business
manager of the \. |. b. publication
! dollars and Sense" has returned
| from a two-week trip.
! w. III. p. Harding, governor of the
; Boston Federal Reserve Bank. who is
, very widely known in Washington
is now in Warsaw after a tour
! through Poland.
! The :. S. kresge Co. has declared
| the regular quarterly dividends of go
cents per share on common and S17s
on preferred, payable December 81.