Evening star., 1934-05-08
DETA|LSOUTL|NED
FORA.L.B. SESSION
Prominent Speakers, De-
bates and Speaking Con-
test on Program.
BY EDWARD C. STONE,

Conferences on present-day bank
operating problems, debates on pub
lie questions, a public speaking con-
test and general sessions to be ad-
dressed by speakers Of national prom
1nence will make up the program of
the four-day convention of the Amer
ican Institute of Banking section of
the American Bankers Association
TO be held at Washington, June IL to
IA. The program announced here to-
day, follows:
Monday, June II, $50 pm.-Na-
tional Public Speaking Contest, for
the A. P. Giannini educational fund
prize; subject, Constructive Custo-
mer Relations" Willard Hotel
Tuesday, June u, 9 am.-General
convention session, National The
ater Greetings. Melvin c. Hazen,
chairman Board OF Commissioners,
District of Columbia. Response,
Charles F. Ellery, vice president
American Institute of Banking Greet
ings from American Bankers ASSocia-
ton, Francis Marion Law, president.
Reports of national committees. An
nual address. President Albert S. Pue-
licher. Report of national secretary,
Richard w. Hill. Report of national
educational director, Harold Stonier.
Address, DR.. Francis P. Gaines. presi-
dent Washington and Lee University,
Lexington, Va. Appointment of COM
mittees. Nominating speeches.
Dulin Among Speakers.
1890 pm-Departmental confer
ences, Willard Hotel and Washington
Hotel. ADULTS and Accounting"
Alfred Zahrn of Detroit leader;
Bank Administration. George E.
Powell of Kansas City, leader; "Busi-
ness Development and Advertising"
Wade G. Murrah. manager business
development and advertising depart
ment, the First National Bank of At
lanta, Ga; Credits" George T.
Newell. assistant vice president Manu-
facturers' Trust Co, New York; De
post Functions" James H Kennedy.
assistant cashier the Philadelphia
National Bank: Investments and In
vestment Banking" James c. Dulin. jr.,
treasurer American Security & Trust
Co., Washington. Savings Banking"
Robert F. Nutting, assistant treasurer
Home Savings Bank. Boston; Trust |
Functions" A Key Foster, assistant |
trust officer Birmingham Trust & |
Savings Co.
7:3O p.m.-National convention de-
bate, ball room Chamber Of Com
merce Building. Question: Resolved |
That the city manager plan of govern |
ment should be adopted by all Amer |
lean municipalities of over $4,000 |
population" Debate teams to be Sc
lected as a result of two elimination |
contests to be held on Monday.
Election Planned at Close.
Wednesday, July 13. 8 am.-Insti- |
tute conferences, Willard Hotel. |
Chapter Administration" administra- |
tive session. Debate, Public Educa-
tion-Women's
1890 pm-Continuation of de- |
partmental conferences, Willard and !
Washington Hotels
BIS pm.-Chapter caucuses, Will
lard Hotel
Thursday, June IA. am-Insti-
tute conferences, Willard Hotel |
Chapter Administration educational |
session; Public Speaking"
pm.-General convention session. |
National Theater; speaker, o. Howard |
Wolfe, cashier Philadelphia National |
Bank. Report of Committee on Gre |
dentials. Report of judges on pub |
licity exhibit. Presentation of debate !
cup. Election Of officers.
Trade at Seasonal Peak.
The Federal Reserve Bank of Rich |
mond reports that retail trade is Ie- !
cedlng somewhat in several of the !
large centers in the fifth district. 1t !
is believed that Spring trade now has !
reached its peak, not only in the fifth |
district, but all over the country.
The Richmond Bank reports the |
heaviest member bank deposits in its |
history and also a new high record |
for assets. The agricultural situation |
in this district is reported greatly i'm |
proved, after late start. General |
business is holding up well. Crops |
soon will be well started as Summer |
weather conditions prevail.
Trade in the Atlanta Reserve area
Is being maintained on a vastly i'm
proved scale, latest reports state.
Financial District Gossip.
certificates have not yet been issued |
and nobody seems to know when |
they will be. The delay is laid at |
the doors of the Federal Trade |
Board In the meantime trading in |
the stock is in the name of the Cap !
1tal Traction Co., a concern which !!
no longer exists.
Holders of General Motors stock |
In this city were satisfied with the
regular Is cent quarterly dividend
declaration and the S125 a share on |
the S5 preferred stock. The common |
is payable June u and the preferred |
August l. No increase had really |
been expected.
Board rooms were crowded again |
today at the opening Of the New |
York Stock Exchange. Much of the |
selling appeared to have dried up |
and early quotations were practically |
the same as yesterdays close. The |
control bill is only one of many fac !
tors being considered in the market |
outlook.
New Insurance Head Elected.
F. George Clendaniel. general agent |
Of the Northwestern Mutual Life In |
surance Co., was elected president of |
the District of Columbia Life Under |
writer's Association at the annual |
meeting held yesterday. He is one |
of the best-known rate men in the !
city, and succeeds Thomas P. Nor |
gan. jr
Capital Trcation stock sold at 25 |
on the Washington Stock Exchange |
today. as did Mergenthaler Linotype |
Janston Monotype changed hands at
AT In the bond division, $1,000 Cap
ital Traction SIS moved at 8112 and |
$1,000 Washington Railway & Elec-
trio As were strong at 95.
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