Evening star., 1936-01-06
rotaI deposits -$2e3, IT'S, ,502 !;

Total deposits $293 IT'S 500. "a
Four Calls Issued in 1888.
In addition to the condition OF all
Washington banks, Controller OCon-
nors call today covered all national
banks in the country.
The controller is required by law to
issue a call for condition OF all ma
tional banks at least three times each
year. Today's was the fourth affect
ing the calendar year 1885.
1t was expected, as Treasury prac-
tice has been to time one call as OF
parsons with previous periods may be
made.
simultaneously. the Federal Reserve
system called for statements OF con-
dition of State banks belonging to the
system and the Deposit Insurance.
Corp. for its State members. This
call also was as of the close Of busi-
ness December 81.
The new peak reached in the Capt.
tai in bank deposits is due TO the sub
stantial business advances made here
during the past year and the general
return of confidence in the banks, part
OF which is due to the Federal De-
posit Insurance Corp. The low yield
on many investments. has also caused
a good deal of money to be placed in
the banks, pending what depositors
might consider better investment op-
portuuitieS, bankers say.
The record would have been even
higher had not the banks here paid
out over S5,000,000 in Christmas Saw
ings Club funds on December l.
Fleming Announces Program.
Opening its Nationwide drive for
promoting sound increases in banking
service, the American Bankers Asso-
citation announced today the detailed
program for the first of four regional
Conferences which will feature its
plans. The opening meeting will be
held in Philadelphia January %
and "a.
This conference launches the as
sociation's Nationwide program of
banking development" Robert ".
Fleming, president of the association,
who will preside at the meeting. says
in announcing the program. Out
standing speakers will discuss mana
gerial, legislative and operative bank
ing problems in the general sessions
and forum meetings.
Among the important objectives
at this conference will be to give
;,,fa
present banking laws and regulations
and discuss problems arising from
their application, to aid develop meth
DDS of improving customer and pub
lie relations, and to enlist bankers
in an organized effort to promote,
wherever they can soundly do so, the
return to private agencies of many
banking functions now being per-
formed by the Government"
Arrangements have been made for
reduced railroad rates for members of
the association and their families at
tending the conferences. The meet
ings will be held at the Bellevue
Stratford Hotel.
Financial District Gossip.
The Board of Directors of the re-
Gently reorganized Barber & Ross Co.
includes John c. Baird, Harry Blake
William L. Browning, Robert E. Craig.
William H Lipscomb. Miller B.
Stevinson and Eugent E. Thompson.
A Richmond notice sent all banks
In this area says: With deep sorrow
the Federal Reserve Bank of Rich
mond announces the death of Mr.
William Winslow Hoxton, chairman of
the Board of Directors and Federal
Reserve agent, December 20, 1885"
De Loss Walker of Liberty Maya
zine was the guest speaker at the JAR
uary luncheon of the District Under
writer's Association this noon at the
Willard, speaking on Lets Have Re-
covery Now" President j. E. McCombs
presided, about $50 being present.
The midyear educational dinner of
Washington Chapter, American In
stitute of Banking, will take place
Tuesday evening, January 81, at the
Raleigh Hotel, Edward M. Blaiklock,
chairman of the Educational Commit
tee, announces.
Freight car loadings in the first
quarter Of 1885 are expected to be
about 6 per cent above actual load
ings in the first quarter of 1885, &C.
cording to Shippers Regional Advisory
Boards.