Evening star., 1934-09-09
BANKERS TO STUDY
NEED OF KEEPING
PUBLIC INFORMED
D. c. Delegation Will Attend
Financial Advertising
Convention.
W0MEN'S COMMITTEE
CHIEF NAMED BY A. |. B.
Miss Constance D. Fogle Given
Post-Group to Have First
Meeting Thursday.
BY EDWARD C. STONE.

BY EDWARD C. STONE.
Washington bankers will take part
In the national convention of the
Financial Advertisers Association in
Buffalo this week, when the best
methods of meeting the public's de-
mand for financial information will
be considered from every angle.
Public spirit and banking spirit will
grip attention at the first session to-
morrow; what the public wants to
know will be pictured at the second
session; what the bankers ought to
say, at the third session; how finan-
cial advertisers plan to bring bankers
and public together, at the fourth ses-
sion, and mutual understandings at
the final meeting.
Men who understand the facts
about money, credit and exchange
will present their suggestions for get
ting more light on finance to shine on
bank patrons. One of the speakers is
Fred N. Shepherd, executive manager
of the American Bankers Association,
who knows all the leading bankers in
this city personally.
Keen interest has been manifested
here in the meeting. The District
Bankers Association has given wide
consideration to proposals aimed at
advertising expansion locally. The
banks are doing good deal of indi-
vidual advertising and will do much
more as recovery progresses. Reports
from the Buffalo convention no doubt
will give them many new ideas.
Among bankers who will attend
from the Capital are Eliot H. Thom-
son, Robert L. Flather and Joshua
Evans, jr. Mr.. Thomson is chairman
Of the Advertising Committee of the
District Bankers Association.
Woman Banker Honored.
Miss Constance D. Fogle, Riggs Ma
tional Bank, has been appointed
chairman of the Women's Committee
of Washington Chapter, American In
stitute of Banking. Walton L. Sander
son, chapter president, announced
yesterday. Other members of the
committee were named as follows:
Mrs. Myrtle Lewis, Liberty National
Bank, secretary; Katherine Mccall
mont, w. B. Hibbs & Co., treasurer;
Marguerite Detterer, Sally Finley,
Frances Dun, American Security &
Trust Co.; Vivian Stokes and Mary
Louise Sweeney, Hamilton National:
Tracy Williams, City Bank; Anne
Crawford, McLachlen Banking Corp;
S. w. Burwen and Sadye Weir, Mar
garet Berckman, National Metropoli-
tan; Anne Sullivan, Morris Plan
Bank; Frances Nagel, Harriet Bar
Noffn,aol. AJino yNl1iffaT,
First National, Alexandria, Va;
Naomi De Lozier, Second National;
Etheline Parker, Ruth Gordon, Sc
curity Savings & Commercial; Rose
Royce and Hilda Shomo, Washington
Loan & Trust Co., and Gertrude Wick,
Liberty National
Miss Fogle, the new chairman, has
already served on many institute
committees, was assistant secretary in
1881 and secretary of the chapter in
1882 and was a member of the de-
batting teams which did so well against
Richmond and Baltimore chapters in
recent contests. She is an institute
graduate and holds a special degree
in trust functions, holds a law degree
from National University and is a
member of the District of Columbia
Bar. AS a reward for scholarship in
law, she was awarded the Kappa Beta
Pi key for highest ranks over a three
year period. Miss Fogle is also ex-
chancellor of the Kappa Beta Legal
Sorority, an international organiza-
ton
The new committee will have its
first important dinner-meeting next
Thursday evening at the Carlton
Hotel
September Gets Good Start.
Business on the Washington Stock
Exchange got away to a good start
after Labor day, the volume improv-
ing and many quotations advancing.
Capital Transit closed at 24A, a new
high for the year. Lanston Monotype
at 48 closed the week at the high
point for 1884
Mergenthaler Linotype closed Fri
day at 23A, the highest selling mark
reached on the present move Wood
ward & Lothrop preferred is now SELL
ing at ITO, another top price. The
Potomac Power preferred stocks and
the Washington Railway & Electric
issues have also maintained their
strength and been quite active.
Bond trading also picked up a good
deal during the first week of Septem-
Der. Prices were likewise firm, the
senior issues holding their own or
registering small advances.
The fact that Washington ended
August with total gain of $50, ,000, 900
in bank clearings in the first eight
months of the year indicates that
trade during September and the re-
mainder of the year will be highly
favorable.
Bank Examiners to Meet.
No little criticism is heard in the
financial district Of the methods en-
ployed by some bank examiners in
their work. 1t is felt that this weeks
conference at the Treasury of Che
country's leading examiners has an
opportunity to accomplish a great
deal
Divisional examiners from all parts
OF the country, connected with the
Federal Reserve System, National
Banking System, Federal Deposit In
surance Corp and the r. F. c., will
gather for the sessions. Many new
problems have arisen since the Gov
ernment guarantee of certain securi-
ties went into effect.
The conference was called by Con-
troller of the Currency O'Connor. in
cooperation with Federal Reserve
and other Government authorities.