Evening star., 1935-12-06

ton National Bank; Ross L. Totten,
Washington Loan & Trust Co., and
j. c. Williams, City Bank.
Chairman Birgfeld is employed by
the trust investment department of
the American Security & Trust Co.
He has been active in the chapter for
a long time, having received his
standard certificate in 1881. This is
the first committee of which he has
been chairman. In 1930-31 he served
as one of the first two associate chief
consuls of the chapter.
Debts Reveal Trade Pickup.
The latest report of the Federal
debts to individual, firm and cor
poration accounts in the banks in the
% leading trade centers in the dis
trict, including Washington For the
five weeks ending November 13 Wash
ington bank debts totaled S245,-
$4,000, compared with the lower
figure of S238, 1892, 900 on October 9
this year, and $196,352, 900 on Novem-
Der IA, 1884. These figures attest the
substantial improvement in the Cap
ital.
comparison of the total of S1,278,-
$4,000 in debts in the whole fifth
district reported for the five weeks
ended November 13, 1885, with the
total reported for the preceding five
weeks, ended october 9 this year,
Shows an increase of $53,O86,0OO, or
4.3 per cent.
In comparison with figures reported
for five weeks ended November IA,
1884, corresponding figures for the
five weeks ended November 13, 1885,
show a total increase of $167, ,442 900,
or ISL per cent, a larger increase
than was reported in any other month
since February in comparison with the
corresponding period last year.
Oriental in Fine Offices.
. Offices of the Oriental Building AS
sociation, 600 F street northwest, have
been completely remodeled and
brought up-to-date in every way; the
business Office and those Of the officials
presenting a most attractive appear
ance. Oriental is now IA years old,
having been organized in 1861. The
associations present assets are nearly
$6,000,000, while the organization is a
member of the United States Building
and Loan League. District of Columbia
Building and Loan League and the
Federal Home Loan Bank System.
The present officers include:
Charles H. Bauman, president;
Henry E. Deckman, secretary; Charles
W. Schafer, treasurer, with the board
of directors composed of Carl Haneke,
Mr.. Schafer G. H. Schultze, John ].
Kolb. William F. Ochsenreiter, August
G. Herman, Chaplin B. Bauman,
Thomas B. Young and Louis c.
Dismer.
Clearings Up 81 Per Cent.
Bank clearings in Washington for
the week ended December were zig
per cent ahead of the same week a
year ago. In Baltimor they were up
1874 per cent and in Richmond ia
per cent.
AS a definite indication of further
business improvement in the Capital
Manager George E. Keneipp of the
keystone Automobile Club reports an
increase of 184 per cent in member
ship in November. compared with the
same month last year.
The new 100000 Federal Land
Bank bonds will be offered at 98&
and bear 3 per cent interest. Dealers
are already offering them on a when
issued basis. They are due Tuesday.
Mergenthaler Still Strong.
Mergenthaler Linotype stock opened
,at 38 today, same as yesterdays close,
on a 10-share sale. Two sales fol-
lowed, one so shares and the other 40
shares, at 3717. Final bid, 3712; asked,
.3S1z.
Riggs National Bank common came
suit twice today, IA and share lots
moving at 209. Capital Transit reg
istered one 100-Share sale at Is, urs
changed from yesterday. The only
bond sale was in Washington Railway
& Electric As, at 105%.
On the Boston Exchange yesterday
Mergenthaler jumped all over the
board. It sold as high as 40, as low
as 36, and closed at SO.