Evening star., 1936-04-19
FLEMING REVEALS
PLANS FOR A. B. A.
COUNCIL. SESSION
Reports on Vital Banking
Problems to Be Heard
at April Meeting.
BUILDING HERE SCARS
FAR ABOVE YEAR AGO
Permit Total Up 110.9 Per Cent
From Last Week and 1858 Per
Cent Above 1885 Level.
BY EDWARD C. STONE

The full program for the Spring
meeting of the Executive Council of
the American Bankers Association,
at the Homestead, Hot Springs, Va,
April 1928 Inclusive. was announced
here yesterday by President Robert
v. Fleming, who will preside at all
the general meetings. Reports on
vital banking policies, economic condi-
tions and financial practices will be
presented by the associations most
important standing and special COM
mittees.
Some of the most interesting re-
ports will come from the Administra-
tive Committee and the committees
on banking studies, Federal legis-
lation, bankruptcy, finance, bank
management. commerce and marine,
economic policy, insurance, education
and membership. Final preparation
of these reports will be submitted to
the council for consideration and be
accorded the closest possible atten-
ton.
The National bank, savings, State
bank and trust company divisions
are due to hold their own meetings
and their reports are expected to
arouse very wide interest. The pro-
gram calls for special meetings of the
council for receiving any recommen-
dations that may be presented. Mr..
Fleming will report to the Executive
Council as president of the associa-
ton and also for the Administrative
Committee. Reports will also come
from Executive Manager Fred N.
Shepherd and Treasurer Arthur B.
Taylor.
Col. Leonard P. Ayres, chairman
of the Economic Policy Commission,
will address the Council session on
Tuesday evening. Accompanying Mr.
Fleming, several Washington bank
ers, who have direct official connec-
tion with the A. B. A., will attend
the meeting.
Building Scars 263 Per Cent.
The Department of Commerce an
nounced yesterday that the building
industry in Washington was further
accelerated during the last week by
the value of building permits, which
were 110.9 per cent higher than the
previous week and 1898 per cent over
the same week in 1885. The figures
included a proposed theater and five
stores on Connecticut avenue, to
cost S125 900, but other construction
work was far in excess of compare
tive periods.
Department store sales in the
Capital were down by comparison
with both the pre-Easter weeks of
this year and last. Compared with
the previous week the decline was 13
per cent and for the same week a
year ago sales decreased "a per
cent. Bank clearings were 20 per
cent under the previous week, but 1876
per cent higher than in the like
period a year ago.
Tourist activities were augmented
by Easter crowds visiting the Capital.
The number of visitors going up the
Washington Monument totaled 28,-
454, against, 1882 in the previous
week and 23,021 in the same week
last year. Part of the increase may
be due to the fact that the Monu-
ment remained open until 10 pm.
instead of closing at o'clock. In
spite of slight trade recession,
general business conditions in the
rest of the fifth district experienced
encouraging expansion, the report
adds.
Cotton Heads Sports Group.
Barnum L. Cotton, real estate
officer of the National Savings & Trust
Co., has been appointed chairman of
the Sports Committee for the COM
ing convention of the District Bank
ers' Association, President Charles
H. Doing announced yesterday. He
has already served the association
most successfully on other similar
committees. The vice chairman will
be Aubrey o. Dooley, assistant trust
officer, Hamilton National Bank.
Assisting them will be Willard G.
Barker, executive vice president, Nor
ris Plan Bank; R. Earle Haycock,
auditor, Riggs National Bank; S.
William Miller, treasurer, Union
Trust Co.; c. D. Radcliffe, vice presi-
dent, Munsey Trust Co.; Francis B.
Robey, assistant cashier, Bank of
Commerce & Savings, and Frank R.
Ullmer, treasurer, National Savings &
Trust Co.
Golf tournaments for the Pop"
Fleming. Richard Hatton, Herbert T.
Shannou, Eleanor Patterson, Lanier
p. McLachlen and the w. B. Hibbs
Cups will be outstanding events of
the sports program. The B. H.
Gruver Trophy for the winner of the
''barnyard golf" tournament and the
annual top-spnning contest for the
Mclean Cup are additional features
provided, besides the usual tennis
matches.
Facts on d. C. Securities.
The tenth edition of Facts and
Figures on Washington Securities"
published annually by Y. e. Booker &
Co., investment firm in the American |
Security & Trust Building, appeared |
in the financial district yesterday. |
The book contains rs pages of in
formation about local securities, |
Washington banks and trust COM
panies and the Washington Stock |
Exchange.
The 1896 edition contains facts |
about many corporations which have
not appeared in previous editions.
An innovation Is the publishing of |
the names of all the bank officers and
bank directors in the city. The in
formation was compiled by Miles H.
Quail, who is associated with the
Booker firm and a member of the
Washington Stock Exchange.