The Washington times., 1928-05-16
FTlANCTAL AND MARKET NEWS

By RICHARD HATTON

HAANtAkB AHAtEUA
FOLLOWING promptly on the heels
the inspirational and well at.
dAd preconventIun dinner III the
lrict Of Columbia BANKERS Assos
ton. held Monday evening which
seorded the afeess attendance of
anS affair Of the kind ii the history
the organization comes the
scond Convention CalI issued
George q Vass publicity COM
.ltee yesterday under the snappy
III of Let's 90.
The attractive folder CARRYING the
sIle IS 81 Watered paper typify-
The sportiee waves 1T Montaaik
sach carries on the cover pic
tire oE he hotel at which the con-
iun will BE held and giFes
number 81 excellent reasons " ny
Bankers and bank directors should
gel their Vaff0ns IN the hands
Or Chairman Laurence "a Slaug ter,
of he committees handling transp or-
ta1lon ARA ements. as soon as
toSsibie
1f you have ever attended II
District 81 Columbia Bankers con-
kanfion s. HE Call is only
nece l0 remind YOU that the.
next one e be held On Tune
IS 10. 1928. II the new palatial hotel
81 Montalk Beach on he extreme
end * 1.onE island
Questions 81 Vital iIlapoftaacs IS
the banks and there tore q lnsshsss
interest," 10 directors as well as
~ fsfff tnHf
subiscf ST discussion s. the business
ee lons
Small Town office
recognition ii the unusual
position which Fauauier ana Lou.
DOM counties, 81, enjoy among
snnftssi1an ana because Of such
events as race meets and steep g.
ekasiife. Wright, Shade and Conn
paay have opened al office Il
Sfrenkon. which will ne
niSnaeed by 81. Winlnill.
IIfeione resident 81 Virginia and
former member of the New FORK
curb. who Is brother 81 Robert
Ninmill. one of the most prolIls
tnsnt horse breeders and semitic
man riders Ia Virginia and Long
Island
rms iown. numbering less than
2.Dbo persons, IS tire resldeils
fiN and NecuFfiinR - NE WABll-
liI<fon ia William Augustine
Hcaliy win be one q the smallest
towns IA America with private
feieerann wires rs New York and
chicaeo and the quotation ticker
ssfVfceS The community to be
NsrVe6 l1oNeVar. includes among
ether places 6iddlelUr JppE
IliIs I'd The and con-
fsiisS the estates many gen
fIarnen from the large financial
sn6 industrial ce1lters Pie Ol-
fIees are located on Culpeper
street near the First National
Rank arid the Warren Green Hotel.
All this country IS richs IN his.
toficaI lore, having been settled
ia early Colonial times and Il
aid by horse lovers To be the.
finest fox hunting and horse breed
inn country ii America
Fairly Well or
IRE United states Il worth $500.
go 600 O0Ol
~ wealth has Increase a00
p cent since 1850 and II sf1hs
-, the rise, according to data
ennabfled BIZ economists Of Stone
eyd Webster and Blodgeft, Inc.
investment bankers. In preparing
survey. soon 10 be published,
81 the American investment situa-
In populat form. the survey
contains this information by the
present atfon pf such facts IS the
following, comparison being with
1850
Railroad mileage has Increased
from 93,296 to 100000;
Morsess primitive telegraph in.
effnnaent has been augmented with
500 600 telephones, wireless teleg
raphv radio and teleyision.
me value OF American manu-
factures has increased from So
a72 go 900 to So. 700. O00, 900
short tons Of freight carried
81 the railroads have risen from
200 900 400 "a 444 .O00. 900. 900.