Evening star., 1934-08-12
Committee Win Arrange
Curriculum and Other
Activities of Year.
BUILDING GAINS SEEN
OVER EASTERN AREA
July Total Of Middle Atlantic
States Reaches sl2 1885, ,063,
Far Above Year Ago.
by EDWARD C. STONE.

can Institute OF Banking. has beer
appointed chairman OF the Educa.
tionai Committee, Walton l.. San.
derson Of the Hamilton Nastona
Bank, chapter president. announced
yesterday. This Is one of the chap.
ter'B most important committees, al
Il arrnnges the curriculum and hai
fun charge OF ell educational actiy-
titles during the year. The othei
members, appointed yesterday. are a.
follows:
Paul J. Settler, American Security
~ Trust Co, vice chairman; Kath-
arine w. McCalmont. w. B. Hibbs q
Co. secretary: Aubrey o. Dooley
Hamilton National. James c. Dulin
1r., American Security a. Trust Co.;
George 3. Earnshaw, National Metro
politan; @. Elmer Flather. Unior
Trust Co.; Constance ID. Fogle. Rigg.
National: Ruth I. Gordon. Security
Savings a. Commercial: Robert II
Lacey, Columbia National; William
II. Laughlin, Washington Loan q
Trust Co: Il. Hunton Leith, Security
Savings a. Commercial; Richard A
Norris, Lincoln National; Stuart S
ogilvie, Second National: Frank M
Perley, American Security &c Trust
Co.: Robert M Poole, Riggs National;
!. j. Roberts, Riggs National. L. Wal
lace Shreiner. First National Bank OF
Alexandria; James A. Soper, Lincoln
National: Alice H. Whitton, First Ma
tional Bank Of Alexandria, and Ger
trude c. Wick, Liberty National.
Mr.. McGeary, the new chairman
has been employed by w. B. Hibbs &.
Co. since 1925 and during most OF
that period active In chapter work
Born In Johnstown, Pa, he came
here when very young, graduated
from Central High School in 1924 and
got his standard certificate from
Washington Chapter In 1880. He has
been chief counsel, treasurer and Sec
ond vice president of Washington
Chapter and has already been chair
man OF many special committees.
A delegate to four American Insti-
tute national conventions, Mr. Nc
Geary served on national committees
and Is in every way trained to handle
the problems of the Educational
Committee. After arranging the
courses it Is always the duty of the
committee TO obtain as many students
as possible from the local banks.
Building Shows Pickup.
Building expenditures In July In
the Middle Atlantic States totaled
$l2,S65,0 ,063 against $S,424,357 In July,
1888, or gain of 46.8 per cent. In
the South Atlantic States building
expenditures totaled $3.043, ,295 in
comparison with s2,244,60l In July,
1898, an improvement of 35.6 per
cent. For the country as a whole,
there was pickup of 1872 per cent
Dun 81 Bradstreet believe that the
definite improvement in July in both
the number of building permits issued
and building expenditures, give evil
dence Of real results from the Presi-
dents housing program. Expenditures
for both new work and alterations
were encouraging.
The July showing in New York
City was especially favorable, a gain
of rs per cent in permits issued be-
ing reported. An increase of 81 per
cent in estimated costs of construc-
tion permits all over the country was
reported against the usual seasonal
decree of about 10 per cent. This
more than offsets the June slump and
is cheering to contractors
AS result of the consistent i'm
prpvement in the first five months OF
the year and the betterment in July,
the aggregate volume of building per-
mits for the first seven months of
1884 rose to $2o3, ,225, ,402, as COM
pared with $l69, ,so5, ,4o4 in the same
period Of last year, or gain Of 1876
per cent.
Chapman on Market Mission.
@. Bowie Chapman, manager of
the Washington Office Of Laidlaw g.
Co. left here yesterday for Montreal,
where he hopes to arrange for the
opening of new market for silver
In Canada. The Washington broker
is enthusiastic over the outlook for
silver as a result Of the Presidents
action nationalizing the metal, looks
for higher prices and broad activity
in all silver markets.
Mr.. Chapman was the first broker
in the local financial district to come
out strongly in favor of Government
action on the silver question HI
urged that something be done fol
silver long before the matter wa.
taken up and acted upon in Congress
He favored much the same Legislation
as that advocated by Senators Wheel.
er, tn omas and Pittman.
On leaving Washington yesterday
the broker expressed the opinion that
the naturalization of silver would be
helpful to the entire stock market.
Financial District Gossip.
The gain In retail sales in Wash
ington stores in July over July a yeal
ago was 224 per cent. The gain ir
bank elearings in the same month
was 22.9 per cent Rarely, If ever
have bank clearings come nearer thar
that in indicating the status OF trade
Everett T. TomlinSon, formerly pres.
4dent Of Doremus & Co. who became
associated with Fenner & Beane or
April /, has been elected vice presi.
dent of Fenner 4 Beane Corp.
Bank clearingS in Baltimore for thu
week ended August were 2e per cen
ahead of the corresponding week
year ago, while Richmond reported
gain Of 1913 per cent. Kansas City
topped the list with SO per cen
jump.
A large attendance Of bankers i
expected &C the special meeting of tbs
District Bankers Association tomor'
row afternoon. when rules and regu
lationS for making loans under tn
Federal housing campaign for i'm
proyementS win be fully discussed.