Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-31
BANK CLEAR|NGS
TOP ALL RECORDS
February Total Above Pre-
vious Figure for Same
Month in District.
BY EDWARD c. STONE.

BY EDWARD c. STONE.
Bank clearings in Washington dur
| ing March topped all previous records
| for this month. according to the ng'
ures Of the Washington Clearing
| House Association. The figures for the
first three months of the present year
are also we'll ahead Of last years hlSn
record.
March clearings totaled $121,5lo,.
442.47, compared with clearings IN
| March, 1926. of S120,49S, 1898. Clear
| inps in the shorter month of February,
this year, amounted to $1O3, 34S, 052. "a.
while in January they reached $llf,'
| 074.96302.
This years clearings for the hrst
| three months have reached the sum
| of S341 1913. 457.93, compared with the
| total of $685., 1868, 302.95 for the same
| period last year.
AS a business barometer the sum-
| maries reported by the Clearing House
| today indicate that banking and mer.
| camille conditions are better than iast
| year at this time and the ngures lot
| the first quarter forecast another new
| record in total clearings at the emo OF
1927.
Convention Interest Grows.
1t was reported today by Chair
| man Lanier p. McLachlen of the
| hotel committee that requests for
reservations for the regional saw
| ings conference of the Savings Bank
| Division of the American Bankers
| Association are coming in rapidly.
| Today's receipts indicated that the
completed program mailed TO LOW
bankers in the New England, Middle
| and South Atlantic States mas
| aroused much interest. AS this con-
| vention opens next Thursday, II IS
| nrobable that reservation requests
| will come in very fast during the
next few days.
announcement was made today
| that another speaker has been added
| to the list, Gen. Albert c.. Dalton.
head of the u. S. Shipping Board
| Merchant Fleet Corporation. MI
Dalton will speak on THE American
| Merchant Marine"
Women to Entertain Visitors.
The woman's committee requested
| by Chairman Howard Moran or the
general conference committee, to as
sist in entertaining the visiting
women during the convention. an
nounces that the visitors will be
| special guests at the Chevy Chase
Club on the afternoon of Thursday,
| April Z. Mrs. Howard Moran is
| chairman and Mrs. Harry v. Haynes
| vice chairman of this committee.
| The other members include:
Mrs. Charles j. Bell, Mrs. NJ. d.
| Rosenberg, Mrs. F. E. harrington
| Irs. r. Golden Donaldson, Mrs. Wade
| H. Cooper, Mrs. John roole, Mrs. John
Af~-
Mrs. Lanier P. McLachlen, Mrs. Peter
A. Drury, Mrs. c.. H. Pope, Mrs.
George L. Starkey. Mrs. H. H. Nc.
Kee, Mrs. Henry w. Offutt. Mrs. Rob.
ert v. Fleming. Mrs. Victor B. Dey'
Der, Mrs. julius I. Peyser, Mrs. John
B. Larner, Mrs. Ezra Gould, Mrs.
| Thomas E. Terrell, Mrs. Francis G.
| Addison, jr.. Mrs. George 0. Vass,
Mrs. f. P. Fl. Siddons, Mrs. Edward
j. McQuade, Mrs. Joshua Evans, jr..
| Mrs. Oscar Coolican, Mrs. Charles IL.
| Doing, jr., Mrs. Corcoran Thorn and
Mrs. B. r. Saul.
Financial Writer Returns.
/. A. Fleming, veteran financial
| editor and writer, has returned to
| Washington from Melbourne, Fla,
where he passed the Winter at Hotel
Indialantic. He reached home late
yesterday and has not yet had time
| to call on his host of friends in the
| financial district Pop" has been in
excellent health and reports very
pleasant Winter in the land of sun.
| shine and Summer breezes. Yet, Mr..
| Fleming Is so alert and active men.
| tally that he would much prefer to
be constantly engaged In his favorite
profession. Loafing never did and
never will appeal to Pop"
Market Trading Is Varied.
Trading was quite varied on the
| prices remaining steady. Mergen-
thaler sold at 1854, Peoples Drug
Stores preferred at 10SA. Railway
and Electric preferred at 91N and
! Capital Traction at 1861. Ten shares
| Of District National Bank sold at 246
| and 20 shares of Federal American
! Co. common at So. Bank Of Bethesda
stock sold at IS.
In the bond division Capital Trac.
| ton SIS changed hands at 101A Wash
| ington Gas IS, Series B, at 1851 and
.104A, and Washington Railway &
| Electric as at 85h. Southern Building
6hs moved at par, and ID. c. Paper
6ks came out at 91k and closed at 81.
1t was the first time in many ses-
sions that there has been no trading
| in the stock of the Washington Gas
| Light Co.
Will Attend Council Meeting.
Harry v. Haynes, representative of
| the District Bankers Association on
| the executive council of the Amer.
| lean Bankers Association, will attend
| the coming meeting of the council to
| be held at Hot Springs, Ark. from
| May ! to 5. Mr.. Haynes will go
| from Chicago to Hot Springs on the
bankers special with Melvin A. Tay-
| Tor, president of the association, and
| other Chicago bankers.
So far as known the only other
banker to go from Washington will
| be President George o Watson Of the
| Is member of the committee on pub
| lie relations.
Metropolitan Dividend Voted.
At meeting Of the board Of direc.
| tors of the National Metropolitan
Bank late yesterday. the regular semi
| annual dividend of per cent was
declared. payable on April Is. The
books will be closed from March 81
to April ID. inclusive. President George
w. White announced today.
No Change In b. \ o. Rate.
Even though Baltimore & Ohio made
| new high for a good many years on
| the eve Of the dividend meeting, only
| the regular payment of $3.50 a share
was declared yesterday. This dividend,
along with the usual payment on the
| preferred stock, will be paid June
| to stockholders of record April Is.
Two New W.. Ii. l. A. Directors.
Graham 3oyce of Baltimore and
Harold j. Gallagher Of New York have
been elected directors of the Wash.
ington, Baltimore & Annapolis Elec'
trio Railway.
There were no revelations at the an.
nual meeting OF stockholders to indi.
cate what disposition the new con-