Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07

lpurinr his illness Mr. Harrington icst
KS pounds. He has been connected
With the house Of Hibbs Tor about
three years, or since the death of John
Il Edwards For eight YEARS he was
manager cf the broker once Of John
4. Edwards u Co. on n street.
Mr.. Harrington Is member Of the
Warrington Stock Exchange, Columbia
Country Club, National Press Club,
City Club and the Beard Of Trade, as
well as other organizations.
D. G. Bankers Fine Detectives.
II has come to light during the last
few days tkat the protective committee
OF the District Bankers Association
has been doing some BRILLIANT work In
the way Of detecting Would-be fcrgers
and protecting the local banks.
The chairman of the protective COM
nnittee Is Howard Moran, vice president
Of the American Security a Trust Co.
and former president OF the bankers
association. During the past month
three attempted forgeries have been
blocked through information furnished
by this committee.
In every case where q man tries to
defraud one of the local banks this
information is sent at once to tLs pro-
tective committee. This committee sends
out bulletin to all the other banks In
the city. Every bank teller In town has
copy of the description. which he
keeps at his window.
In connection with the case at the
Federal-AMerican National, where q
cOlored man was detected, chased
caught and charged with trying to pass
a worthless check, the teller not only
had description OF him, but the kind
Of conversation he would try to carry
on when presenting the check and ask
ing for the cash.
Chairman Moran and his associates
have been heartily congratulated by the
banks for their recent effective service.
The success they have recently had was
due to the local system moving quickly
and without the help of the American
work along similar lines. The credit
belongs entirely at home.
Trading on Exchange Quiet.
Prices on the washington stock Ex-
change wound up the week about where
they started During yesterdays session
Washington Gas Light sold to the
extent Of Is shares at Ill, District
National Bank stock came out at 236
for 10 shares, while 10 shares of Real
Estate Title e. Insurance Co. sold at
$50.
Twenty shares OF Barber a. Ross
common sold at 20, same as the last
previous sale. Two shares of Lanston
Monotype came out at 1861. The
largest stock sale of the day was In
Woodward e. Lothrop preferred. so
shares selling at li0, the price being
unchanged from the last previous
transfer.
After call, two shares of Potomac
Electric Power 5l2 per cent preferred
sold at l0712. Capital Traction closed
the week with 5 and share lots selling
quotation.
In the bond division there were three
$500 sales In Washington Gas 6s, Series
A. while a $4,000 transfer took place in
the B bonds at l05. A 500 B bond sold
at 1891. Transactions Of $1,000 and
81, 900 in Washington Railway 81 Elec-
tric As were recorded at S6N and the
market closed with 81 500 Capital Trac-
ton first SIS selling at 99ss!
Securities In the unlisted department
were given their weekly checking. the
approach of the coming American
League base ball season being reflected
IN the advance in the bid price on
Washington Base Bali stock from SO
to So. The asked price remained at IS.
The asked price on Park Savings Bank
stock was raised from 81h TO 6S.
Financial District Notes.
william d. Hoover. president Of the
National Savings & Trust Co. and
Frank Stetson, the trust officer, are
passing the week end at Virginia Beach
Looks like q battle royal on the goli
links as both are members Of that very
small and select organization known
as the Hole In One Club"
C. H. Pope, general chairman OF the
District Bankers Association conven.
ton, believes that the attendance 81
this years session at Montauk Point
Long Island, will be even larger than
a year ago.