Evening star., 1939-02-08

ment and public NJ N..dh,u
relations, with
President Philip A. Benson of the
American Bankers Association, pre-
siding.
The closing meeting of the con-
ference will be public session for
depositors and customers, at which
William A. Irwin, assistant educa-
tional director of the American
Institute of Banking, will be the
chief speaker.
The District Bankers Association
will be represented at the conference
by the secretary, Donald w. Larson.
Washington, Virginia and Maryland
are included in the conference area
Most of the Capitals bankers, how
ever, are waiting for similar con-
ference to be held in New York in
March.
Rawll Visits d. c. Banks.
H. F. Rawll Of New York, president
of Christmas Clubs, was visitor
in the financial district today, call
ing on many bank officers. He is
the man who made such a fine
record in booming Christmas Saw
ingS Clubs in banks all over the
United States. While not the origi-
nator of the idea, he stepped into
the picture at an early date and
has kept Christmas Clubs well to
the front since that time.
Mr. Rawll says the popularity of
the clubs is based on the weakness
of human nature. Seems odd. but
thousands of members know how
easy it is to draw money from check
Ing and savings accounts. 1t is not
so easy to get Christmas savings
money until the end of the year.
In order to be certain to have year.
end extra funds, they turn to the
Christmas Clubs.
Mr.. Rawll has always been inter-
ested in the fact that Washington
has such a high per capita figure
in Christmas savings, much higher
than the average for the whole
country. The fact that banks no
longer pay interest on club savings
makes the present savings total
really astonishing, he said today.
The original Christmas Clubs paid
per cent on all accounts. Now
some banks even put service
charge on them.
Weaver Heads Loan Group.
John L. Weaver was reelected
president of the Interstate Building
Association at the annual meeting
held last night. Clarence Dodge and
Earl M. Macintosh were elected vice
presidents, Martin r. West treasurer.
EDWARD K. Jones secretary and L.
E. 1nablnet assistant secretary With
the exception of the last-named Of
hcer, the above list constitutes the
board of directors.
Treasurer Jones told the directors
that total assets at the end of 1888
were S2,09l, ,359, the highest point
reached since the institution was
opened on December 80, 1882. In
terstate is next to the Youngest
member of the District Building and
Loan League.
Record A. I. B. Banquet Seen.
Plans for Washington Chapters
Saith annual banquet, to be held at
the Willard Hotel Saturday, Febru-
ary 25, are progressing rapidly, ac-
cording to A. o. Dooley, assistant
trust officer of the Hamilton Ma
tlonal Bank, general chairman of
the Committee on Arrangements.
The subcommittee chairmen work.
Ing with Mr.. Dooley are: RAYMOND
1,
decorations; Walton L. Sanderson,
assistant cashier, Hamilton Nation
al, dinner; Richard A. Norris. vice
president, Lincoln National, enter
talnment; Robert H. Lacey, cashier.
Columbia National, publicity; Frank
M. Perley, trust investment officer.
American Security & Trust Co., re-
ception, and j. Earle McGeary. w.
B. HibbS Co., seating.
Paul j. Seltzer, American Security
& Trust Co., is treasurer of the
committee and all requests for tick
cts are referred to him.
An interesting program is being
arranged and indications are that
reservations will tax the seating ca
pacity of the hotels large ballroom.
The 1000 mark was crossed last
year.
Coe Elected to Exchange.
William c. Coe, who has repre-
sented Brooke, Stokes & Co. in the
Capital for the past IL years, was
elected to membership in the WASH
1ngton Stock Exchange at today's
session. He graduated from West
Point in 1920 and was in the Army
before he entered the securities busi-
ness. He is well known in the finan-
cial district.
John M. OBrien, assistant cashier
OF the Liberty National Bank, will
address the auditors section of the
District Bankers Association at the
January meeting tomorrow night at
the Lee House at o'clock. He will
speak on Service Charges" sub
Ject to which he has given much
special study. Gerald E. Keene will
preside.
Christie President of Club.
Robert c. Christie has been elected
president of the National Savings
Club, an employe organization OF the
National Savings & Trust Co. Other
officers for 1889 include:
Vice president, Preston w. Grant;
second vice president, Agnes F. Bur
rell; secretary, Mary P. Chaplin; as
sistant secretary, Margaret Allison;
treasurer, Francis j. Claveloux; as
sistant treasurers; Mrs Brewer, Leo
Hilleary, Evie Mae Johnston and
Mary Swisher.
Heard in Financial District.
Edward L. Hillyer, vice president
of the Union Trust Co. and former
president of the Washington Stock
Exchange, is recovering rapidly from
an attack of the prevailing grip.
All the brokerage houses in WASH
ington will be closed next Monday
in commeration of Lincolns birth