The Washington times., 1927-07-05

The main banking room is excep-'
ftOnally commodious and well lighted
and the cages and other office equip
ment are adequate for complete SER
vice. In addition, the safe deposit
department Is of convenient size with
modern steel constructed vaults and
boxes Of the most approved style.
Special precaution Is taken by an
elaborate system Of safety signal de-
vices. The main office Of the Second
National remains at its present loca-
ton, sos Seventh st. N. w.
G Street Office Near Completion
Plans for the Second Nationals
new branch building on @ Street
have been completed and approved
for some time and comprise, besides
the banking rooms, a large office
building.
Architects are now working upon
the interior decorative scheme which
win carry out an artistic ensemble
in keeping with the proposed digni.
fled finish of marble and bronze.
Complete details of the banking
office arrangement are not yet avail
able but It is known that expert
thought and long experience with the
needs Of the banking public will In
nuence the final layout of the bust.
ness offices, special departments and
safety deposit section.
In addition to the regular passen.
ger elevator serving the handsome
suits of offices on the upper floors Of
the new building, provision will be
made for an elevator direct from the
banking office to the floors above in
order that the bank may utilize such
office space above the main lobby as
may be necessary without resorting
to the regular passenger elevator of
tbs building. Another feature of
the new structure will be a series of
rest rooms, recreatio rooms, shower
baths, ETC., for use Of employees.
Unprecedented Progress Shown
The Second National Bank, Of
which Victor B. Deyber is president,
has shown marked and unprece-
denied progress during the past
two years and the last six years
it's deposits have doubled in amount.
The surplus and capital funds
during the same period have in
creased from $3.50 900 to $1,000, 900.
The present opening of the new
branch on New York Avenue and
the construction OF the new build.
ing on @ Street have been made
necessary by the constantly grow
ing business Of the institution.
At the regular meeting of the
hoard Of directors Of the Bank of
Commerce and Savings, the. trans
fer of $4,000 from undivided profits
to surplus was authorized. The
bank is now on q permanent 10 per
cent dividend basis.
The capital is 100000, sup1us,
$4,000. and undivided profits, $685.
900. Executive Vice President John
M. Riordon and the other officers OF
the bank are daily being congratu-
lated upon the handsome new bank
ing quarters recently completed at
the corner of Seventh and d Streets
Northwest.
In order to conform with the
policy adopted by a majority Of the
banks in Washington, the Interna-
tional Exchange Bank will close at
IL o'clock noon on Saturdays as
usual, but will not reopen for bust.
ness on Saturday evenings during
the summer months beginning
August g. according to President
Joseph Schiavone.
Col. Wade II. Cooper, president
Of the Continental Trust Company,
celebrated the Fourth of July by
delivering patriotic address at a
flag raising over the new country
club house at Shelter Harbor. near
NarragansAtt Pier. r. T.