Evening star., 1937-08-15
Trade Down 9.67 Per Cent
From Previous Week,
lags Behind 1886.
|CONSUlS BOARD NAMED
FOR A. |. B. CHAPTER
John Christie Names Birgfeld and
Gallher as Assistant Leaders
Of Institute Group.
BY EDWARD C. STONE.

Hot weather was assigned by the
Department of Commerce as the chief
cause of slump in retail trade in
Washington during the past week,
trade running a67 per cent below the
previous week and 3.51 per cent behind
the same week in 1886. The unusual
heat was also given as the reason for
let-dovn in trade in other parts of
the NTH Reserve district, although
Richmond. Norfolk and some other
cities reported more business than last
year.
Bank clearings in Washington
totaled s2l ,ss1 l68 for the week ending
Wednesday, an increase over the
weeks total of s19,s51, 800 last year.
Building permits in the Capital also
ran higher, s3eS,ooO, comparing with
1851 1856 year ago. Tourist bushes
was also better than in the previous
week, but not quite up to a year ago,
the Commerce report said
II
trict continues to enjoy extra good
business, retail sales in Charleston.
s. c., being II per cent over last
year, Employment also registered
marked upturn. Maryland's prosperity
1s reflected by Baltimores report of
q moderate increase in trade in the
first half of August and a jump in
bank clearings and debts during the
week.
Chapter Consuls Appointed.
John M. Christie, Riggs National
Bank chief consul of Washington
Chapter, American Institute of Bank
ing, yesterday announced appointment
Of the new Board of Consuls to repre-
sent their banks for the coming year
His first assistants will be Kenneth
Birgfeld, American Security l. Trust |
Co., and George r. Gal1eher, Lincoln |
National. The other appointments,
which include many branch bank en-
ployes. follow:
L. T. Savage. Donald W. Mowbray, |
Merrill W. brennan and York Hol-
ingsworth, American Security L. Trust
Co.; John Eising. Anacoetia Bank; |
William F. Russ, James B. Ahalt, City |
Bank: Joseph Buscher. Columbia Ma
tional; Philip Grave, Thomas J. Nor
ris, Bank of Commerce Savings NJ |
Elizabeth Rowzee. Hamilton National; |
William Armstrong, w. B Hibbs l. Co.: |
Winship Wheatley, Liberty National; |
Howard H. Anderson, Lincoln Nation
nj; Fred Hartman, McLachlen Bank: |
Raymond L. Jones. National Metro
politan; John Wilson. Morris Plan;
Woodrow w. Long, Munsey Trust;
Neal w. Wells, National Savings & |
Trust; Luis F. Corea Robert V. Melle-
font, Harry Bergman. Riggs National;
Richard Copeland, John NJ Weidman. |
Second National. John F. Spitznas,
Security Savings & Commercial. John
Warner, Union Trust: John Tripp Ma
kional Bank of Washington: jeanette
Fuchs, Lloyd S. Carey. Washington
Loan & Trust; c. Rudolph Schreiner.
Citizens National, Alexandria; E.
Wallace Schreiner, First National,
alexandria, and Guy Ridgley, Alex
hndria National.
Bankers to Study Advertising.
The program of the four-day session
bf the Financial Advertisers Associa-
tion at Syracuse N Y, next month
contains the unusual announcement
Of daily class for delegates on Meth
DDS Of Molding Public Opinion" 1t
will be conducted by DR.. H. w. Hep
ner, professor of psychology at Syra-
cuse University
Speakers and subject already listed
Tor the general sessions include R. A.
flg. vice president, Shawmut National
Bank, "Equipping Ourselves for the
job; Paul Albright, secretary, Savings
Bank Association of New York, Pub
lie Relations and legislation; Will
lam A. Thomson, American News
paper Publishers Associa ton, News
papers as Molders of Public Opinion"
md Benjamin Buttenweiser of Kuehn,
Loeb e. Co., Investment Public Rela-
lions"
Advance reservations are reported
10 be 80 per cent above last year and
include Robert L. Flather, American
Security g. Trust Co., and Eliot H,
Thomson, Washington Loan g. Trust
Co, both OF whom are members of the
advertising Committee of the District
pf Columbia Bankers Association. It
8 likely that several other local banks
will send representatives.
Heard in Financial District,
National banks increased their loans
Ind discounts by $l,049,633 900, or
more than 1875 per cent during the
pear ended June 80, Controller J. F. t.
pConnor announced yesterday. The
sharp gain in loans was accompanied
by slight reduction in holdings of
bonds other than Governments, the
report says.
Johnston, Lemon g. Co., which re-
GENTLY sponsored sale of -Nap-Pak
stock here recently, reports that the
torporation earned 36 a share on the
common stock in the first half of this
year against 10 cents a year ago. ]
Mackubin, Legg & Co. announce that ]
he recently offered Midwest Piping &
Supply Co. common stock will appear !
Pn the New York Curb Exchange to- ]
morrow. ]
P. j. Mcmahon, vice president of the
Nunsey Trust Co., leaves here today
for q three-week vacation at Atlantic
City. {
B. M. Grant, in charge of the South
Fast office of the City Bank, starts ]
fhree-week vacation tomorrow. T. E. I
Elgin, in charge of the banks Georgia !
venue ofhce, is also on q vacation. s
A. H. Cannon, assistant cashier Of {
PIE Anacostia Bank, u away on 4 !
months vacation. IL