Evening star., 1936-02-23
EASTERN SAVINGS
PARLEY To DRAW
CAPITAL BANKERS
Outstanding Speakers to Be
on Program at New York
March 5 and 6.
ADDRESSES ON RAILROAD
PROBLEMS TO BE HEARD
Co.receiver of Seaboard Air Line
Will Speak-Many Other
Topics Up for Discussion.
BY EDWARD C. STONE.


Washington bankers are arranging
to attend the Eastern Savings Con-
ference, sponsored by the Savings
Division of the American Bankers
Association, which takes place in New
York March and 6, the complete
program, which is crowded with out
standing speakers, being announced
yesterday. Philip A. Benson, Dime
Savings Bank, and president of the
Savings Division. A. B. A., will open
most of the sessions.
Speakers include Harold Stone,
president. New York State Savings
Bank Association; Lionel D. Edie, who
will speak on the Outlook for Inter-
est Rates; Alexander Standish. Bos-
ton investment banker; Edward ].
Crawford, New York real estate man;
Lawrence B. Cummings, commissioner,
New York State Mortgage Commits
sion. Promising Conditions in the
Real Estate and Mortgage Field" will
be discussed by George McAneny.
One Of the most important speeches
will be on ''The Future of Railroad
Transportation in the United States"
by Henry w. Anderson, coreceiver
Seaboard Air Line Railway, Rich
mond, Va. Other addresses on rail-
roads will be delivered by Fred N.
Oliver and Carol NJ Shanks. Louis
q. Thomas, Hartford banker, will talk
on Personal Loan Departments" and
an interesting address is expected
from Frank P. Bennett. Boston editor,
on New Agencies Competing With
Banks for Savings"
Improving Relations With Gus
TONER'S" Ideals in Savings Bank
Service" and similar topics also will
receive careful attention by able
speakers. Frank M. Totten of the
Chase National. will speak on "A
Banks Greatest Asset-Its Custom
ers." Forum discussions are to follow
all the addresses. The list of bankers
who will attend from the Capital has
not been announced.
Nees Joins d. C. Exchange.
Bernard j. Nees, connected with the
investment firm of James M. John
ston g. Co., has been elected to men,
bership IN the Washington Stock
Exchange, it was announced yester-
day.
The new member has been associ-
ated with the Johnston firm since
1929 and for several years has been
identified with work of the Washing
ton Exchange, at the present time
being assigned to handling all mat
ters connected with the Securities
and Exchange Commission.
Mr. Nees is a graduate of the Ma
tional University Law School and
member of the District of Columbia
bar. He took special courses in finance
in the American Institute of Banking
and is a graduate of Hyattsville High
School.
The seat he has just taken on the
exchange is the third held by the
firm. James M. Johnston and James
H. Lemon, partners, have been men,
bers for years. Mr.. Johnston is an
exchange official and Mr.. Lemon is
president of the Washington Bond
Club.
Retail Trade Gains Ground.
According to the weekly review by
the Department of Commerce, retail
trade in Washington regained some
of the ground lost during recent weeks
because of bitter cold weather and
icy streets.
Department store sales were 81 per
cent higher than previous week and
IL per cent less than same week last
year. Bank clearings decreased 6.5
per cent from previous week, but in
creased 229 per cent over same 1885
week.
Value of building permits was nearly
three times greater than preceding
week and almost five times greater
than corresponding week last year.
Last weeks figures included one $780,
900 apartment house and a 100000
university building.
Tourist activities were still greatly
reduced asevidence, by those visiting
Washington Monument, which were
1922 for past week, 1882 for previous
week and SITS for same 1885 week,
the report said.
Financial District Gossip.
Carroll Day, for 25 years general
agent of the Pacific Mutual for the
State of Oklahoma, will be the head
line speaker at the next luncheon
meeting of the District Life Under
writer's Association, at the Willard on
Saturday, March IA. it was announced
yesterday. Closely identified with the
affairs of the national association, he
is an unusually good speaker on life
insurance subjects.
The National Association of Mutual
Savings Banks announced yesterday
that the sixteenth annual conference
will be held at the Traymore Hotel,
Atlantic City, May l3, IA and IS.
The number of out-of-town bankers
attending the institute banquet at the
Willard last night was the largest on
record, in other words, In 81 years.
Many Of these visitors were guests of
local banks with which they have con-
slant dealings.
Harry ]. Haas of Philadelphia, for
ner president of the American Bank
ers' Association, was one of the most
distinguished guests at the dinner.