Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
Total
Fears. Associa-
Bank Assets Also Reported.

Today's annual report also includes
a large amount of data on the assets
and liabilities of 81 licensed Wash
ington banks on June 80, 1884. A
summary of a supplemental report,
dated October Is 1888, in connec-
ton with the temporary Federal de-
post insurance fund, includes the
number Of depositors and the amount
of deposits in the local banks at that
time.
There were 392,622 depositors who
carried deposits not exceeding $4,000,
an aggregate of 9,342 who held de-
posts over $4,000 but not exceed
ing $4,000, and only 1878 depositors
with $4,000, but not exceeding $50
900. Only 400 depositors in the banks
here had over $4,000 on deposit, these
deposits including State, county and
municipal funds, as we'll as United
States Government deposits, and de-
posts made by other banks. In the
81 banks licensed at the time, there
were 404 1862 depositors.
While the total seems like a very
high percentage of the total popula-
ton of the Capital. the report shows
that one person may have several Diff
ferent accounts and that the various
institutional deposits are also an i'm
portant factor in the summary.
Controller O'Connor also includes
q summary of the credit unions in the
various Government departments and
elsewhere There are now % OF these
organizations.
Gold Delay Causes Regret.
Regret was expressed in the finan-
ciai district today over the further
postponement in the gold clause de-
cision. 1t had been hoped the ruling
would come after the close of the
New York Stock Exchange today and
could be digested during the Lincoln
anniversary holiday on the big ex-
change tomorrow.
What the markets will do when the
decision comes out cannot be fore
cast. In the financial district here,
however, majority opinion seems to
be that any very startling move
either way is unlikely. If the ruling
should support the administration,
there would be no reason for any
extensive move, f1nanciers say. If the
decision is unfavorable, it has been
announced for some weeks that steps
will be taken to offset such ruling.
Ending of the uncertainty. regard
less of the findings, will prove bene-
fetal, bankers say.
Conference Opens Tomorrow.
The MidWinter Trust Conference,
under A. B. A. sponsorship, opens in
New York tomorrow. Robert v.
Fleming and Hilleary c. Hoskinson of
the Riggs National Bank will join the
Washington delegation already an
nounced and attend the sessions.
It was reported in the financial dis
trict today that the attendance at the
American Institute of Banking's
thirtieth annual dinner next Satur-
day night will go over the 600 mark.
This will be the largest turnout in
years.
Washington sent a large delega-
ton to the annual dinner of New
York Chapter, American Institute of
Banking. Among those present were
Walton L. Sanderson, president Wash
ington Chapter; Miss Constane Fogle,
an official in the chapter; Joshua
Evans. jr., Wilmer ]. Waller. Hilleary
G. Hoskinson, James E. Dulin, jr.;
Frederick P. H. Siddons and Elmer
Father.
Today's Trading on Exchange.
Washington Railway g. Electric pre-
ferred stock was particularly active and
strong on the Washington Stock Ex-
change today, selling at 102. Riggs
National Bank common came out at
212R on an 11-share turnover
Washington Gas SIS, 1858, Gas IS,
series B, Washington Railway & Elec-
trio As were strong. selling around
recent levels. Potomac Electric Power
preferred stock again moved at 1929
The Washington exchange will be
closed tomorrow, Lincoln's birthday.
The Washington banks, however, will
be open as usual.