The Washington times., 1927-02-24
WOMEN
IN FINANCE
By RICHARD HATTON

q ANACAAE1ASAl
That women's place In the finan.
eial life Of the country has been
growing in Importance for many
years is evident from the increasing
number OF women who are holding
positions Of trust and responsibility
In many large banks and trust, com
panies.
The interest being taken by women
bank employees in their work as a
profession is evidenced by the grow.
ing number yearly enrolled in the
classes Of the American Institute of
Ranking.
The confidence In their ability and
integrity is expressed In the respon.
sfbility placed upon them by bank
officials and directors, and in the re-
action of the public which comes
into daily business contact with
them.
In many Washington financial in
Gtitutions women are today holding
high executive positions, while others
are carrying on in lesser positions
with the goal of an executive posi-
ton ahead OF them.
All Of this makes the meeting of
local bank women recently held at
the Hamilton Hotel for the purpose
Of organizing bank women's club
of particular significance. The or.
ganizers of the Washington Bank
WomeEa's Club are Lois A. White,
Catherine M. Krieg, Winifred Bur.
well, Grace M. Bromley, Elinor Dank-
meyer, Loretta Ennis, Judith Fish
hurne, Evelyn Hawkins, Clara Nc
Grath, Frances e. Orrison, Mildred
G. Woodcock and Mabel v. Royce.
The women mentioned have made
plans, which include the selection Of
25 charter members as a nucleus
about which will be built a strong
women's organiza ton, which will in
clude women identified with the work
OF the Washington Chapter of the
American Institute of Banking in
the past as we'll as bank women who
have not been connected with the in.
stltute.
A meeting will be held in the
Z chapter rooms in the Becker Build
ing on the evening of March l,
when final plans for the organiza-
tion will be considered and a. con.
stitution drafted.
Members of the group which has
initiated the Bank Women's Club
stated today that the object of the
organization is primarily to form
and continue contacts between
bank women whose work forms a
common bond of interest. with the
hope that the club will SO develop
that 1t will work real benefit for
all those who may be connected
with 1t.
That the opening weeks of the
current year have proved markedly
active ones for the Great National
Insurance Company is stated by
Representative Frank r. Reid. of
Illinois. it's president.
Mr.. Reid asserts that the com.
pany's business has been displaying
steadily rising curve of activity
since the turn Of the year. and that
at the present time 1t is writing
an ernphatically large volume Of
policies through the Denrike Build.
ing headquarters.
Among local bankers who will
leave Washington on Saturday to
attend the annual banquet of the
New York chapter OF the American
Institute Of Banking are President
T. ,Hunton Lieth, Of the local chap
ter; j. C.. Doolin, OF the American
Security and Trust Company; VIII.
Tner Waller, of the Federal Aneri.
can National Bank, and Miss Gather
Inc Crieg. of the Riggs ational Bank.
Remarkable progress is being
made in the great addition now be-
ing constructed by the Washington
Loan and Trust Company.
The handsome stone facade is
practically completed and much of
the interior construction is well ad-
vanced.
The building Of this addition to
the pioneer trust company in Wash
ington, more than doubling the
space available for the business Of
the institution, is a striking monu,
ment to those who conceived the
idea and carried out the ideals
upon which the company was
founded.
The continued growth which has
made the additional space neces.
sary and the demand for the
services of the institution and Of
flee space in its building indicate
that the section Of the city lying
about the Old Post Office Depart.
ment and Interior Department
buildings and f. Ninth and Seventh
streets will continue to hold its
own as a thriving business center.
Cashier John NJ. Riordon of the
Bank Of Commerce and Savings
continues his personal interest in
and supervision of the improve
ments now being made in the bank
at the corner Of Seventh and D
streets. A veritable miracle has
been worked in the. interior ar.
rangements Of the banking offices
and, when the work of decoration
IL completed within the next few
weeks, there will be no more
artistic or more conveniently ar.
ranged banking space in the city
than that of the Bank Of Commerce
and Savings.