Evening star., 1935-10-20
CLEAR|NGS MOUNT
SLIPPER CENT OVER
YEAR AGO IN D. C..
Weeks Gain of 6.8 Per Cent
Revealed by Commerce
Department Survey.
FLEMING TO ADDRESS
BANKERS Ar WILLARD
Acceptances Indicate Fall Meet
ing Of District Association Will
Draw Large Attendance.
BY EDWARD c. STONE.

Bank clearings in Washington dur
ing the week ended Wednesday re-
vealed a gain Of 3l.1 per cent over
the corresponding week year ago
and were also 6.8 per cent higher
than in the previous week this year.
according to the weekly survey of
business in 33 important cities made
by the Department of Commerce.
Department store sales continued
their substantial gains over the COM
parable period last year, but showed
a decrease of 10 per cent from the
previous week This was due to the
warm weather which temporarily
slowed up buying in late Fall goods
always required as cold weather ap-
proaches. the survey stated.
New construction continued very
active. the report states, with the
value of building permits increasing
IA per cent over the previous week
and 6l.8 per cent over the same
1894 week
The influx of tourists as reflected
by those visiting the Washington
Monument during the past week pre-
sented a total of 1886, compared
with 13,200 for the previous week
and 10,864 for the same week last
year.
One of the most interesting reports
from other points in the fifth dis
trict this week came from Norfolk,
where a gain of $40 per cent in the
ite
for the first nine months of 1885
was reported. In Baltimore the ideal
Fall weather helped trade rather than
hindering it.
Big Bank Meeting Forecast.
Acceptances indicate a large attend
ance at the Fall meeting of the Dis
trict of Columbia Bankers Associa-
ton tomorrow evening at the Willard
Hotel. OF outstanding interest will
be an explanation of the banking act
OF 1885 and its implications by Rob-
ert V. Fleming, president of Riggs
National Bank. who is first vice presi-
dent of the American Bankers As
sociation.
Action will be taken upon a pro-
posed amendment to the constitution
relating to the safe deposit section of
the association. Another item of gen.
eral interest will be the report of a
special committee on plans for the
advancement of public relations. In
addition, it is expected that there
will be the presentation of insignia to
the chalrmen of the various sections
OF the association.
Charles H. Doing, president of the
association and first vice president
OF the Washington Loan g. Trust Co..
will preside.
The Credit Managers will hold
luncheon Tuesday, October %, in the
private dining room of Woodward &
Lothrop. The guest speaker will be
James Rotto, promotion manager of
Lansburgh & Brothers, and the sub
Ject OF his talk will be What the
Promotion Managers Think of Credit"
1t Is anticipated that there will be
large number present and the commit
tee asks those who wish to attend to
phone for reservations to the Retail
Credit Mems Association in the Earle
Building.
The regular monthly meeting of the
safe deposit section of the District
of Columbia Bankers Association will
be held next Wednesday evening at 8
o'clock in the board room of the
American Security & Trust Co. The
chairman, Albert E. Fisher, will pre-
side and members are asked to bring
any unusual problems of their respec-
tive departments before the assembly.
The District of Columbia Safe De-
poslt Section has been invited to at
tend meeting of the Maryland State
Safe Deposit Association which will
be held in Baltimore Wednesday eve
ming, October 80. Reservations for
this meeting, which includes Dutch
treat" dinner, must be made at the
October % meeting here.
More Women Study Banking.
Increasing interest in business and
financial matters and greater consci-
business of social responsibility are be-
ing shown by women in this country"
said Miss S. Winifred Burwell. assist
ant trust officer of the National Metro
politan Bank, in referring to the forth
coming convention of the Association
of Bank Women to be held in New Or
leans November 1913, in connection
with which Miss Burwell is serving on
the General Convention Committee.
The only other member of the Asso-
citation of Bank Women in Washing
ton is Mrs. Vera w. Rhine, auditor
and assistant secretary of the Morris
Plan Bank of Washington
On the Washington Stock Exchange
yesterday Capital Traction SIS figured
in four consecutive $1,000 sales at
9712, unchanged from the last previ-
GUS transfer. Washington Gas Light
IS also appeared on the board, $1,000
moving at 1862, up u point. Lans-
ton Monotype recorded three small
transfers, all at "a, a gain of half
point.
Capital Transit stock closed the
week with 1S bid and 10 asked. The
Washington Gas Light Co. will pay the
regular quarterly dividend of 80 cents
q share within the next few days.
Charles r. Gay. president of the
New York Stock Exchange, praised
the smaller exchanges in an address
in Chicago the other night. They
have their own special value and use
fulness, he asserted.