Evening star., 1937-09-10

august ngureS PRELIMINARY, IN
most cities the month had the same
number of business days this year and
last year. but in August this year
there we're four Saturdays as COM
pared with five year ago.
Barker Of to Convention.
Willard G. Barker, president of the
Morris Plan Bank of Washington,
left Washington today for Colorado
Springs to attend the eighteenth
annual conclave of the Morris Plan
Bankers Association at the Broad
moor, September 1915.
In addition to addresses by outstand-
ing executives from various parts of
the country, those attending will hear
speakers nationally known in financial
circles Teller Adams, Governor of
Colorado, will deliver the address of
welcome.
Arthur K. Newton, vice president of
the First National Bank of Chicago,
and Phil s. Hanna, editor of the Chi
cago Journal of Commerce, student of
finance, and former banker, will ad-
dress the convention. as will B. V.
Moore, vice president First National
Bank of Minneapolis whose subject
will be Whats Ahead in Banking?"
Mr.. Barker is member of the COM
nittee which arranged the program
and is also president of the Atlantic
States Association of Morris Plan
Banks.
Vandoren New Instructor
William r. Vandoren, vice president
and cashier of Liberty National Bank,
will be new member Of the faculty of
Washington Chapter, American Insti-
tute of Banking, for the year 1878.
Prior to joining the staff of Liberty
National in 1886 he spent 10 years as
q national bank examiner He was one
of the youngest bank examiners in
the Federal service and specialized in
trust department work during his last
four years as an examiner.
c. B. Upham. special assistant TO
the Secretary of the Treasury. has
been added TO the faculty of Washing
ton Chapter, American Institute of
Banking. He will teach the course
known as Banking H.
Institute members will flock to the
Willard tonight to receive graduation
certificates, hear radio address by
Branch Rockey from st. Louis and
conclude the evening with dancing.
Directors Declare Dividend.
Directors Of the Security Savings IL
Commercial Bank have declared a
dividend Of 3 per cent. payable Sep
tember 80, to stockholders of record
September 25. President Francis G
Addison, Jra announced today.
Frank M. Perley, an officer of the
American Security g. Trust Co. sails
from New York tomorrow on one of
the Southern cruises, for a two weeks
vacation. The party will land at Ha-
vana and many other ports.
Bernard L. AmiSs, assistant trust
officer. Washington Loan 6s Trust Co.
has returned from motor trip
through the White Mountains, also
going into Canada as far as Quebec.
Eliot H. Thomson. Washington Loan
IL Trust Co. will preside at one of
the forums at the convention of the
National Advertisers Association next
week at Syracuse. Robert l.. Flather,
American Security a. Trust Co. will
also attend the same meeting.
Today's Trading on Exchange.
The new Washington Gas Light
preferred stock sold at 99i5 on The
washington Stock Exchange agair
today. One sale. this was made Al
100. Washington Railway e. Electric
preferred came out at ll0I4. One
bank stock appeared on the board
Riggs National common. selling Al
325. The volume was light.
The first Fall Saturday session O
the exchange win take place tomorrow
following the Summer closing.
The Federal Reserve Board report
an increase in commercial industria
and agricultural loans in countr,
banks In all IL districts.