Evening star., 1936-08-17
DISTRICT BANKERS
ITOATTEND PARLEY
Group of Delegates to A. B.
A. Convention Continues
to Grow.
BY DONALD b. HADLEY.

grow.
Ord Preston, president of the Union
Trust Co. and third vice president of
the District of Columbia Bankers As
sociation, and j. Frank Campbell,
president of the Anacostia Bank, are
latest additions. The Capital group,
including a number of wives, now is
expected to total between 25 and 80.
Considering the time required for
the long trip, this is a much larger
registration than was expected Two
or three more financiers are expected
TO be added later.
Preston To Go by Boat.
Most of the group will make the trip
by rail, but Preston will go by boat.
He will sail from New York on the
California September 5, go through
the, Panama Canal and arrive in time
for the first day of the convention
Returning by the same boat, he ex-
poets to reach Washington in October.
Kari w. Corby, partner in HibbS & Co.
and president of the District Bankers
Association, will go to the convention
by plane.
The list of Washington registrations
how includes Robert V Fleming,
president of Riggs National Bank and
The American Business Association; ;
George o. VaSS, vice president and
cashier, Riggs National Bank; Preston
COrby, Thomas J. Groom. vice presi-
dent and cashier, Bank of Commerce
and Savings and first vice president
District of Columbia Bankers AsSo-
Second National Bank; Wilmer j,
Waller vice president and cashier.
Hamilton National Bank; James A.
Messer vice president, Columbia Ma
t!onal Bank: Mr.. Campbell. M. F.
Calnan, president, Liberty National
Bank; John K. Mckee and Ronald
Ransom, governors of the Federal
Reserve system; F. Gloyd Await, for
merly deputy controller of the cur
rancy: w. r. Huff American Bank
CTS Association, Washington Office
Edgar E. Mountjoy, Washington rep
Sesentative, A. B. A; Miss Catherine
M. Krieg, secretary to Robert v.
Fleming.
First DepositOr Paid.
Margaret r. Buckingham, 1884 Ste
phenson place, was the first depoSltor
of the closed Chevy Chase Savings
Bank to collect the final dividend of
20 per cent, which paid her account
in full.
Arriving at 1886 New York avenue
ht $50 o'clock this morning, she was
followed soon by other depositors.
Payments were arranged for 500 de-
poSitorS today and cards were sent
out for 600 tomorrow. 1t is expected
that payments will continue at that
rate until all of the 4,970 depositors
roceive their money.
Receiver Cary A. Hardee asks de-
positors to wait for their cards before
e2plying for payment.
Plan Trip to Boston.
Plans for a special party from the
District of Columbia Life Under
writer's Association, Inc, to attend
the forty-seventh annual convention
of the National Association of Life
Underwriters, in Boston, September
21 to IS, are announced by Winthrop
C. Batchedler, second vice president
Transportation has been arranged
with the Baltimore & Ohio Railroad
for a party of at least 25 to leave
Washington at am. Monday, Sep
tember 81.
IF there are at least 10 good SAIL
ors," Batchelder announced, Eastern
Steamship Line will offer special
round trip rate from New York to
Boston.
.Laurance H. RiggleS, president OF
the District of Columbia association,
through the general agent OF his COM
psny's Offices in Boston is co-operat-
ing in making hotel arrangements,
while John L. McElfresh, Connect
cut Mutual. and John M. Strait, Sun
Life, former BostonianS, are ready TO
answer telephone inquiries concerning
the Boston hotel situation.
Convention headquarters will be at
the Statler Hotel.
Business Maintained.
The way in which business has been
maintained in Washington through
the first part of the Summer was the
subject of some comment in the f1nan-
rial district here this morning. While
the normal seasonal slackening has
becc-ae more evident in the last week,
n Is much smaller than usual.
One prominent banker said that
the abnormal activity has made it
more difficult to make arrangements
for vacations.
He said Saturday, which came on
2 Government pay day, was surpris-
ingly busy for Summer time in his
bank.
The staff was rushed until the close
taking care of the lines of customers
waiting to be served.
Washington Near Normal
Washington was one Of the select
group of 81 cities that stood within
10 per cent Of the normal business
line at the end of July, according to
the monthly survey of lat trading
areas of the United States conducted
by the research division of Brooke,
smith & French, Inc, New York and
Detroit national advertising concern.
During July Washington's busi-
ness climbed from 3 per cent below
normal to per cent below, gain
Of l per cent. At the end of July a
year ago the city's business was 18
per cent below normal
Continued improvement in con-
ditions during July brought the ma
tional business index per cent nearer
normal, or to point only 10 per cent
below normal, according to the report.
At the end of July year ago the
national business index stood at 80
per cent below normal.
"Of the lat trading areas, 80 i'm
proved their standing over June, 10
remained without change and 48 de-
clined," reads the report. There is
special significance in the growing
number of cities in which conditions
are normal or better. Last February
four cities arrived at their normal
marks, the first to do so since the