Evening star., 1928-06-19

terest, viii end at the close Of business
this afternoon. The Treasury offered to
purchase $I250oo,000 OF these Liberty
bonds before the date OF maturity on
September Is. Payment for the coupon
bonds will be made on June 20 and on
he registered bonds on the same date, or
IS soon as the registration shall have
been discharged.
wholesale Prices In Slight Drop.
Wholesale prices declined three-tenths
OF | per cent during the week ended
June Is. according to the index COM
piled by the National Fertilizer Asso-
citation. For the past three weeks the
decline has amounted to per cent. This
is IN contrast tn the advance during
April. which was registered by the
monthly indexes for May The decline
OF the past week was due to grains.
feeds, live stock, foods, fats and sodium
nitrate. Advances occurred in petro-
leum, calfskins and rubber
Z. s. Bank Declares Dividend.
The directors of the United States
Savings Bank have Just declared the
regular quarterly dividend of ia per
cent, payable on June 80. This bank
now has $100,000 capital, $lS0,000 sur
and total resources of nearly $4,000. 900,
The movement OF the stock, or rather
the inactivity of the stock. is highly in.
teresting. The last sale on the local
exchange was made long time ago at
2l3. The latest bid on 1t Is $50. In
case of sale at this price, 1t would
be few points higher than Riggs STOCK
and head the list OF all local bank
shares.
Delegates Tour Quaker City.
Reports from Philadelphia state that
the institute delegates passed the first
day OF convention week viewing the
city Many visited the Philadelphia
Navy Yard. some being permitted to in
spect the bartleships now undergoing
repairs. Others visited Independence
Hall and Fairmount Park. Hardly had
the delegation from Tulsa. Okla, ar
rived when they launched vigorous
drive to get next years convention.
The Washington delegates also got busy
At once TO WIN q place on the executive
council.
Vaudeville Expansion Announced.
Tn. MAJOR vaudeville circuit Of Keith.
Albee -Orpheum will proceed immedi-
atsly on broad plan of expansion,
Chairman Joseph P. Kennedy an
nounces. Bids have been accepted on
two new theaters in Greater New York,
and other new theaters In Rochester.
N Y: Memphis. Tenn, and Boston
will be rushed 10 completion for the
coming season, he said
At the first meeting OF the board OF
directors of the Washington WimSett
Co., Durand w. Springer and Wistar
M BalderSton were elected to the
board. Reports indicated that the first
months operation of the company had
been entirely satisfactory.
The Federal Reserve Boards condi-
ton statement OF Gal reporting mem.
ber banks in leading cities as of June
Is shows increases for the week OF
$4,000. 600 I'm loans. $1,000 900 in In
vestments. $1,000. 900 In net demand
deposits, sl2.000.000 in time deposits and
sci 900. 900 in borrowings from Federal
Reserve banks.
Heard i'm Financial District.
william j. Father, vice president OF
the Riggs National Bank, will leave
washington in July for his annual So
journ at the Poland Spring House In
Maine Mr.. Flather has been there SO
many seasons that he has wide ac-
quaintance at the popular resort.
Bertram Chesterman. president OF
the Washington Morris Plan Bank. has
sent cards stating that he is having
a fine vacation in London and rural
England He plans an early visit 10