The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-10-08
BANKS ANSWER
TREASURY
CALL

Washington banks today are pre-
pairing deposit figures in answer to
the cali issued by the Comptroller
Of Currency. These figures will
: show the amount of deposits made
within a certain period and will
s reflect the business done by the
institutions during that period.
Leading the list of those who have
already prepared their figures is
the Riggs National sank, which
showed deposits amounting to $5l,-
Z S21 ,079.73. A similar call issued on
June 20 of this year showed de-
posts totaling $4S ,665, 746.J4, which
I reveals a gain of 3d. 1856 ,333.1S.
call issued by the Comptroller on
: October 3, 1928, showed deposits
of $45 1913, 560.8S A gain of $6,0O2,-
61885 was recorded for the year,
according to bank officials.
Some Losses Shown
The Merchants Bank and Trust
Company, shows deposits on Oc-
tober 4, of $S,7SS,0 $4,000 which re-
veals a decline of S340,l65.d7 from
the total of June 80, $9,12S,260.G7
The Second National Banks
figures show that on October 1,
: there was $6,591 .S33.11 recorded ON
deposit and that on June 20, the
day of the last call there was
of $24,0549S, according to bank or
ficials
Deposits at the Federal American
n.
ing to officers of the institution.
District National Gains
r The District National Bank re.
corded deposits of $9,08S, 400.10, a
gain of $136,879.53 over the amount
on last call of June 20.
Deposit figures at the National
Savings and Trust Company reveal
that on October 4 there was SILL
844, 357.63 on deposit while en- June
29.1929. there was 1881 ,4S5. As.
This shows slump of $S7,027.S5.
The Franklin National Bank re-
cords deposits totaling $40 8,975.l0.
At the time of the last CALI there
was 81, 1893 ,070.S5 on record. showing
q gain this call for S149 ,904.25.
The American Security and Trust
Company, according to officials, will
report a total on October Of $751;
7S2 ,3O4 AS, an increase of $3.50 ,62U.3
over the figure, $50 S3l ,6S39l, re-
ported at the time of the call issued
June 30.
Other institutions are preparing
their reports and it is expected that
they will be available before the
close of business today.
A president, two vice presidents
and 10 directors will be elected by
members of the Washington Cham
Der Of Commerce at a meeting to-
night in the Mayflower Hotel
Nominations for the presidency
and of the two vice presidents will
be made from the floor More than
election of the directorate.
Thy include Darrell p. Aub DR..
B. A. Baer, DR.. F.. W. Ballou, j.
A. Berberich, NJ. o. Chance, c. W.
clayton. j. j. Deviny, W. J. Eynon,
F. P Fenwick, F.. P. Guthrie, E. E,
Herrell +. B. Hollander, Frank P.
Howard. Col. J. NJ. Kenyon, Harry
klng, ii. I. Offterdinger, II. l..
offutt. jr.. Maurice Otterback, Ar.
thur Z. Smith. Gen. Anton Stephan,
William {. Sullivan. stephen II.
sIalkes. John Il. Walker and ". H.
Woolums.
Ernest Gerstenberg, manager of
the branch of the Merchants Bank
and Trust Company, is expected tn
return to his office this week from
mis- vacation. During his absence
frank E. Ghiselli has been in
charge.
Word was received here TODAY
OF the death in Los Angeles of
thar'es f. lnman, y, known in in
surance circles throughout tho
United States as the "grandfather
or the insurance business" He was
round dead in his office. Death was
believed due to heart trouble. He
was rather well known in local
insurance circles and had a number
OF friends here.