Evening star., 1940-05-21
Total -276, ,198, 1882 246, ,9O7, $50
Bank Delegates Announced.

Total ------276, ,198,782 46,907 ,553
Bank Delegates Announced.
Delegates from Washington to the
National Safe Deposit Convention
in Boston on Thursday, Friday and
Saturday of this week were an
nounced today.
Richard E. Harris, American Sc
curity g. Trust Co., member of the
Executive Committee of the Ma
tional Safe Deposit Advisory Coun-
Gil, will represent Washington.
T. E. Elgin, chairman of the safe
deposit section of the District Bank
ers' Association, will attend the
convention, as will Guy D. Cowl,
McLachlen Banking Corp, and AL
bert E. Fisher, Riggs National
Bank, who is the alternate from the
banks here. A fine program has
been arranged.
The monthly meeting of the safe
deposit section of the District
Bankers Association will be held
this evening in the board room of
the American Security & Trust Co.
AS this is one of the last meetings
of the year many matters are listed
for consideration.
Newspaper Ads Best Medium.
Nine out of every ten of a group
Of 1922 of the most active savings
and loan associations in the United
States used newspapers in 1889 as
their principal advertising medium
to reach prospective borrowers and
investors, spending nearly half Of
their total advertising appropria-
tions or almost a million dollars for
this purpose.
These facts were revealed in the
most exhaustive study of its kind
ever made in the savings and loan
business, just completed by the pub
lie relations department of the Fed
eral Home Loan Bank Board. Esti-
mates show that in 1910 the associ-
ations probably will spent at least
as much in the newspapers as they
did last year and there are indica-
tions that even larger appropriations
may be made.
The 1922 members of the system
which answered the annual question
naire comprise about one-third of
the entire membership of the system,
the largest number ever to CO.
operate in this survey. These 1922
associations spent grand total of
s2,303,284 in 1889 for various types of
business promotion, an average of
s1,885 for each institution.
N. Y. Curb to Welcome Visitors.
The New York Curb Exchange an
nounces that it will admit visitors to
its trading floor for the duration of
the Worlds Fair of 1910.
This marks the second time in
history that the exchange has per-
mitted guests to view the market in
operation from the trading floor, a,
practice which was inaugurated last
year for the benefit OF people who
visited the 1889 Worlds Fair.
Specially trained page boys will
escort visitors to section of the
trading floor and answer all ques-
tions about the handling of daily
trading.
During the 1899 Worlds Fair more
than 10000 visitors were guests of
the exchange. Every State in the
Union and 43 foreign countries were
represented. OF the 10000 visitors,
approximately $500 were women.
Railroad Revenues Mount.
Eighteen Class ! railroads, repre-
senting 665 per cent of total
operating revenues in the Southern
District, had estimated operating
revenues in April of s28,291 ,766, COM
pared with $27, ,101 LAB in April, 1889,
and $37 1868, 1902 in April, 1880.
Operating revenues of the Glass
railroads in the Southern District
in April were "A per cent above those
for the same month in 1899, but 25.3
per cent below April, 1880.
Freight revenues of those railroads
in April amounted to S23400, ,722,
compared with $22,066,76 in April,
1889, and s3O,236,0 ,060 in April, 1880.
Passenger revenues of those roads
In April totaled $2,429 ,591, compared
with $2,431 ,946 in April, 1885, and
$4,294,274 in April, 1880.
Today's Trading on Exchange.
Three 25-share sales in Capital
Transit stock were registered on the
Washington Exchange today at 1871
Fifty shares of Potomac Electric
Power 512 per cent preferred moved
at ia, ex-dividend, and 10 shares
of Washington Gas Light preferred
came out at 102, off a point from
yesterdays close. In the bond di-
vision, Capital Traction SIS figured
In $1,000 and $4,000 transfers at 981k
Tension over the war news was
very evident in the brokerage houses
again today, the translux starting
of at high speed and recording
lower quotations. After overnight
selling orders were executed the
market improved slightly for short
time. The war furnished the only
topic of conversation among traders
The domestic situation, at present
considered favorable, appeared to be
ignored.
Partners in Washington brokerage
firms were much pleased with the
reelection of William NICK. Martin
of the New York Stock Exchange
for another year. 1t is the general
opinion in the financial district that
he has handled Exchange affairs ir
q brilliant manner during the past
year.
The Commerce Department re-
ports that sales Of general merchan.
disc In rural areas in the first foul
months of 1910 were 4 per cent
ahead of 1899 and is per cent above
1888 IN the like period.
D