The Washington times., 1927-03-26
BANKERS 70sEE
MONEY PLANT
By RICHARD HATTON


A graphic insight into the Govern.
ment's big money-making plant, the
Bureau Of Engraving and Printing,
will be afforded visitors at the saw.
1ngs Bank Confernece of the Eastern
division, American Bankers Associa.
ton, held at the Willard Hotel, April
2 and s. The exhibit will show the
processes and equipment used to
create the most costly Of printing
products.
The bureau will give information
concerning its operations which
would not be readily obtainable even
in a visit to the establishment where
billions of dollars worth OF paper
money, stamps and securities have
been produced.
There will be on display an old
hand type press, one fromeriy used
in the regular work of the bureau.
1t Is expected that operators will be
on hand to demonstrate the methods
employed.
Due to the size of the huge new
presses being used by the Govern
ment, it is not possible to have one
VI these on display, but the progress
achieved in bureau equipment will be
depicted by large photographs espe.
clally made for demonstration pur-
poses.
Collections of samples of currency,
Government bonds and postage
stamps will be placed in the exhibit
to give comprehensive view of
these products of the only establish
ment Of its kind in the country, with
every variety and denomination rep
4 TA2Anf0H 20 nkI - L.
played on large cal DIS.
Re-election OF William MONTGOMERY
70 the presidency Of the Acacia
Mutual Life Association. for tho ensu-
ing year, making him that organiza-
lions managing director for well
over 80 years, featured the annual
meeting of the association held at
headquarters in the Homer building.
Other officers also renamed at the
meeting included J. Harry Cunning
ham. vice president; J. P. Yort, Sec
rotary and actuary; J. Claude Helper,
treasurer; Charles E. Baldwin, as.
slstant treasurer, and DR.. j. B.
Nichols, medical director.
An addition to the board of dirsc-
tors was announced yesterday BY Mr.,
Montgomery in the person of ]. c..
Hoyle, of this city.
Newly reelected directors include
4. J. Adams. w. L. Andrews, C. E..
Baldwin, c. C. Coombs, w. X. Cow
den, P. B. Cromelin, J. Harry Cum
bingham, William Dietz, L. w. Estes
p. G. Graham, T. e. FARRELL, A. w.
Johnston. J. c. KEEPER, A. D. Marks,
j. T. Meany, j. H. Milans, william
Montgomery, DR.. J. B. Nichols, C. F.
Roberts, H. L. Rust, jr., L. p.
Steuart, e. e. Thompson, E. Lee
Trinkle, F. d. Winston and j. p
Yort.
The permanent engrossed certifi-
Gates for preferred stock of the Dis
trict National Securities Corporation
are now ready for distribution at the
trust department Of the District Ma
tional Bank.
w. w. Spaid, of William B. Hihbs
& Co., is in New York attending a
meeting of the council of admin stra-
ton Of the Association Of Out-of
Town Members of the New York
Stock Exchange, of which he is
chairman. He Is expected back at
his desk on Monday.
The Central Savings Bank lis dis
tributing handsome and usetui saw
ings bank in the form of book,
which, in a unique manner, contains
space for a record of baby's birth
and other important events. as well
as certificate calling for a photo
graph Of the infant,
The dollar volume of trade during
the third week of March, as meas
ured by check payments. was larger
than in either the previous week or
the corresponding week of each of
the three previous yeais, according
to the weekly statement of the De
partment of Commerce.
Wholesale prices continued to aver.
age lower and for loans and dis
counts of Federal reserve member
banks increased, both over the pre-
ceding week and the corresponding
week Of 1926.
Interest rates on time money.
though showing no change from the
preceding week, averaged lower than
q year ago. Prices of stocks on the
New York Stock Exchange, although
showing no appreciate change from
the preceding week, were Substan.
TALLY higher than in the correspond.
ing week of the pre- sioLs year.
Bond prices showed gains over
both the preceding week and the cor.
responding week Of 1895. Rates on
81 loans, although showing nc
change from, the previous week, were
4 n