The Washington times., 1927-03-14
BANKERS READY
FOR D. c. MEET
By RICHARD HATTON

8~4OA4114gAS
While there has been some Skin,
Enishing and considerable prepare.
tion back Of the lines, the first
big gun OF the Ninth Annual Con.
vention Of the District 81 Columbia
Bankers Association Is fired in the
last issue Of the Monthly Bulletin
Of the District Of Columbia Bankers
Association which carries q full
page ad warning members Of the
association to put large red marks
on their calendars about the dates
June 8 to ~, inclusive.
The notice states that the aeon
vention win be held at the Home
stead Hotel at Hot Springs, Va. and
suggests that the time Ii at hand
to consider those In the many Wash
ington banks who will attend the
annual gathering.
Already the general convention
committee under the leadership Of
Chairman Lanier p. McLachlen and
the several special subcommittee
selected for specific effort. toward
making the coming gathering the
best In the history Of the organiza-
ton are at work on definite plans
and, 1T is expected, that a practical
- completed. program can be an
nounced at no distant date.
In the meantime, preparations
are, also, being made for the meet
ing in Washington Of the Eastern
Regional Savings Conference and
President Howard Moran of the
ID g. Bankers. Association has re-.
Quested that all member banks have
as many representatives as possible
sent to the conference, so that visit
ing bankers from New England,
Middle Atlantic and South Atlantic
States be given q cordial welcome
and an. interesting visit. It Is. ex-
pected that the program for this
conference, which will be announced
shortly will be one Of unusual
interest.
with the opening Of the handsome
new offices OF Eastman, Dillon &
Company at 1912 H ST., N. W., to-
day one more strong brokerage
house Is added to the growing fl
nancial center Of Washington. While
Eastman, Dillon ana Company tre
not newcomers to Washington, hav-
ing maintained offices here since
July /, 1925, the present move puts
them in the very center Of the II.
nanciaI activities Of the city and
their new quarters will afford added
facilities for carrying on their ex-
tensive business in large and hand.
some quarters thoroughly equipped
and -to-the-hinute in every detail.
Eastman. Dillon and Company. OF
100 Broadway. New York City. was
founded In 1910 by Herbert IL Dill
Ion and Thomas @. Eastman. Of
New York city. While primarily
an investment banking house up to
very recently. the firm has always
been members Of the New York
Stock Exchange, and now has seats
on the Philadelphia and Pittsburgh
Stock Exchanges. and the New York
Curb Market.
In addition to the main office in
New York city there are two other
principal offices. in PHILADELPHIA and
Chicago, respectively. presided over
by partners.
Mr.. Dillon, the senior partner of
ING AlIAAS WaS IuO 14btiLllA 4l6CE
captain of the Princeton football
team Of 1906. Other members of
the firm in addition to Mr.. Dillon
are: Henry L. BoRart, jr.: Arthus
Boyce. James p. MaRill and Maurice
H Bent.
The Washington office Is in charge
Of Arthur Foraker. as manager.
with the following staff: Franck
Hyatt. jr.: Leon Shore. William J.
Dubose. Alexander McCoolx. Dunlop,
Clement Griscom Randle, Frederick
S. Lee, Edward J. Hensley and
Edward r. Baldwin.
The new offices have a large.
light board room, customers rooms,
private offices and offices for the
investment and bond departments.
The Industrial development of the
nation is shifting to the South, the
Brookmire Economic Service, Inc,
reports in study Of business condi-
tons In the Southeastern States.
Textile industries, iron and steel,
power development and paper pro-
duction are growing largely Offset
ting q weaker agricultural situation.
In the past five years income Of the
Southeastern States from building
and manufacturing activities has In
creased from 1920, 1000, 900 to 81 $685.
600, a gain Of $685., 00O, 900, or nearly
Is per cent. The corresponding in
crease for the entire nation was SIS
per cent.