Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-11-25

during the year, opening 1910 at
1O2 and selling recently at 1929.
American Security & Trust Co.
stock appeared on the board at 245.
The last sale in Washington Loan
g. Trust Co. stock was made at 228,
in National Savings & Trust at 200,
in National Capital at ITS and Lib
erty National at ITO. Bank OF
Bethesda sold recently at 80.
Bank of Commerce g. Savings
stock has not figured in sale this
year, the bid price standing at 300.
Lincoln National also lacks sales,
the present bid being 200. Prince
Georges Bank & Trust Co. stands
at 20 bid and Is asked.
Among bank stocks sold over the
counter are City Bank, with q bid
and 81 asked; Columbia National,
1872 bid and 200 asked; East Wash
ington Savings, 1412 bid; Hamilton
National, 281a and 81; Munsey Trust,
IS bid; Second National, 761a bid;
Security Savings & Commercial, 165
and 1856; Suburban National, is and
IT; Union Trust Co., 671a and TIN.
Dart Heads Clearing House.
J. LIE Roy Dart, president of the
American Institute of Banking, has
been honored by the bankers OF his
home city, Jacksonville, Fla, by cleo
ton to the presidency of the Jack
sonville Clearing House Association.
He is vice president of the Florida
National Bank in Jacksonville.
Mr.. Dart, who is a personal friend
of many members of Washington
Chapter, A. I. B., started his bank
ing career in the Florida National
as a messenger boy, in 1911. He
worked in every department of the
bank, became auditor, then control
Ter and was made vice president in
1888.
He graduated from the American
Institute of Banking in 1928 and
at once became active nationally in
the institute.
Investment Bankers to Meet.
Washington members of the In
vestment Bankers Association are
making reservations for the 1910
convention to be held at Hollywood,
Fla, December to ID.
Big financial and economic prob
lens arising out of the war will get
the center of the stage. Dangers of
imitation and possibilities of setting
up safeguards against an uncon-
trollable boom and later business
slump already have a special place
on the program. President Emmett
F. Connely believes the program will
be the most important in years.
Special trains will be run from
New York, also bringing the Boston
delegates and picking up those in
Philadelphia, Baltimore and Wash
ington. Special cars from Detroit
and Cleveland will join the Eastern
trains in Washington.
County Bank Changes Time.
The Prince Georges Bank & Trust
Co., with offices at Hyattsville and
Mount Rainier, announced today
that beginning December 2 the Of
fees will open at 8 am and close
at l pm. The present hours are
from 8 until 2.
The change is made to meet the
provisions of the Wage-Hour Law,
which went into effect recently. Of
f1cials feel that these hours will
best serve the needs of their de-
positors. They find it desirable to
retain the o'clock opening hour
and adopt the o'clock closing. EN-
ployes will have their lunch after /
o'clock and return to the bank to
finish the days work
The new schedule for Washington
banks will 60 into effect on Deem
Der 2, the banks to open at $50 and
close at 2.
Bankers to Study Forms.
The Standardized Forms Commit
tee of the District Bankers Asso-
citation will meet Wednesday at as
ISOLATION headquarters, American
Security Building, at 3 o'clock, to
study the latest developments in
banking forms. This committee has
already accomplished a great deal
for Washington banks. This years
chairman is Robert H. Lacey, CASH
Ter of the Columbia National
The District Bankers Association
has received some most interesting
and instructive material from the
A. B A. office for use of the Speak
ers' Unit in connection with the
talks the bankers are frequently
asked to give before various organi-
cations in the city. Many engage
ments are anticipated after the
Christmas rush.
Walter B. French, deputy man
ager of the consumer credit depart
ment of the American Bankers As
ISOLATION, has completed the man
ual of operating costs in the con-
sumner credit field for banking doing
this type of lending and for banks
which plan to undertake it.
The Commerce Department re-
ports that sales of general merchan-
disc in small towns and rural areas
in the first 10 months of this year
were 4 per cent larger than in the
like period in 1889.
Exchange Trading Light.
A single share of American Sc
curity & Trust Co. stock sold on the
Washington Exchange today at
18TH, off from recent larger trans
fers. Other issues were neglected.
The bid for Mergenthaler Limo
type remained at 24la today with
q asked. Quoted ex dividend,
Washington Railway & Electric
common stood at ITO bid with 800
asked.