The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1927-06-04
BANKERS PLAN
PROGRAM
By RICHARD HATTON

The program for the ninth annual
convention OF the District Of Column
bia Bankers Association at Hot
Springs. June to IL, was made
public today through the official
bulletin OF the organization. This
issue Of the Bulletin is the last to
be prepared under the present ad.
ministration. Following Is the con-
vention program:
The opening session viii be called
20 order at $40 a. m. June 8. by
Howard Moran, president of the as.
ISOLATION, who will make an address
outlining the work OF the organiza-
ton during tn year. OF unusual
interest during this session will be
the addresses Of Henry H. Mckee,
president OF the National Capital
Bank, and Reuben A. Lewis. jr.,
associate editor Of the American
Bankers Associations Journal.
These addresses will be followed by
a report Of q special committee
on constitution and bylaws. Mau.
rice d. Rosenberg, chairman. and
the appointment Of the resolutions
and nominating committees.
second Session
The second session will be held
Thursday, June 10, at $50 a, M,
at which time w. w. Epaid, first
vice president, will preside. The
annual resume OF the activities Of
the Washington chapter, American
Institute OF Banking, will be de-
livered by 7. Hunton Leith, of the
Security Savings and Commercial
Bank, past president Of the Wash.
ington chapter, American Institute
OF Banking, and an address by
George ]. Seay, Of the Governor
Federal Reserve Bank OF Richmond
Va, and a short talk by Louis Roth.
child, director Better Business Blu.
Ieau.
An address relative to certification
OF real estate notes will follow by
Francis G.. Addison, jr., vice presi.
dent OF the Security Savings and
Commercial Bank after which INC
essays Will be read by the three
winners of the essay contest Of the
washington Chapter, American In.
stttute of Banking, such papers
being up for discussion under the
leadership of Howard Moran, presi.
dent OF the association. The report
OF the protective committee will
follow.
The third and final business ses-
sion will be held on Saturday, June
IL, at which time the various stand.
ing committees of the ASSOCIATION
VIII render their reports and a re.
cess will be taken thereafter upon
which the trust company, savings
banks, National bank and State
bank divisions Of the American
Bankers Association will hold its
sessions. Upon reconvenlng the
local association will have the roll
call, read the minutes Of the last
meeting, report OF the secretary, re.
port OF the treasurer. report Of the
council OF administration, unfin.
lshed business, and the election OF
OFFICERS for the ensuing. term.
"our credit situation is good: con.
eequently our money situation is
IN good shape" states j. H. Trecoa,
executive manager of the Associa-
ton OF Credit Men in the associa-
tons monthly survey for May. He
continues:
"Deflation Of commodity prices
mas prevented commodity specula-
lions. Our largest enterprises are
In q strong financial position, our
foreign trade situation is encour:
aging, and, while the problems of
the present are enormous and de-
mand the highest type of skill for
their discreet handling, there is
nothing apparent to unnerve u.s."
Check payments during the week
ending May %, indicative of the
general volume Of trade, although
smaller than in the preceding week,
were greater than a year ago, &C.
cording to the weekly statement of
the Department Of Commerce.
Wholesale prices showed rela.
lively little change from the nre-
ceding week, but were well below
the level Of a year earlier.
Volumes of bonds offered by
States and cities in May, according
to the Bond Buyer, established a
new high level at $199, 376,874, com.
pared with $125, 1882, $50 in April and
$141.OO5,5S1 in May, 1925. For five
months ended May 81 a record was
also established at $665, 699,775
against 1897 1897 800 in correspond.
ing period Of preceding year.