Evening star., 1941-07-02

follows the statement on bank
clearings which also showed new
record for June and new peak
for the six months, the gain in the
half year over 1910 being S166,822,- =
535 As.
BY months, postal receipts in the
District compare as follows with the
corresponding months year ago:
1941 1910
January ---- s705 ,8O495 $672 27O.73
February 80 72732304 626,825.78
March ----- 759,10502 698,348,61
April $1,000 794,56460 705, ,744.59
May --- 777,14133 94092 %
June - 762,415.49 23,599 .65
Linn to Address Bankers.
The Washington banking fra
ternity will be represented at the
third annual bank study conference
of the Georgia Bankers Associa-
ton, to be held at Emery University.
July 7. s, and 9 by Arthur J. Linn,
controller of the Hamilton Ma
tional Bank. He viii speak the
first day on Economics in Bank
Operations" and on the second day
on Economics in Purchasing"
The conference sessions will be
devoted entirely to consideration
of. current bank problems, with on
entertainment features, according to
Mills B. Lane, jr., president of the
association.
Real Estate Bonds Climb.
For the past year real estate
bonds have shown an uninter-
rupted month to month rise, &C
cording to the Amott- Baker Realty
Bond Price Average Bulletin re-
leased today.
The average price of ST 900 real
estate bond based upon the 200
prominent issues used in this survey
is now 1898 compared to 1921 on
December 81, 1910. and 1926 on
Nav 81, 194l. The improvement
during June was exactly l per cent
and the rise shown in the first half
year, 81 per cent.
Several Washington bonds are in
the list on which the percentages
are based. During June 83 of the
200 issues increased in price, SO de-
creased and 78 we're unchanged.
Association so Years Old.
The Oriental Building Association
Is celebrating its 80th anniversary
this week, receiving many congratu-
lations from patrons. On June %
resources reached an all-time peak
of S6,902 900. according to President
Chaplin Bauman. So far this year
the association has paid out 1923 900
to its investment accounts and
transferred S75, ZOO to surplus.
Other officers include Ralph A.
Zander, secretary. and George Kolb,
treasurer The directors are Carl c.
Maneke. William H Grass, John j.
Kolb, Thomas B. Young. Louis C.
Dismer, C. Albert Parker, Frederick
III. Morhart and Frederick w.
Schneider.
Oriental is member of the Dis
trict of Columbia Building and Loan
League, United States Savings and
Loan League and the Federal Home
Loan Bank.
Lincoln's Last Check Shown.
The most noted collection in the
United States of bank checks of
famous personages, owned by the
Union Bank of Commerce, Cleve-
land, was exhibited at the conven-
ton of the Illinois Bankers ASSo-
citation.
Forty-nine specimens are con-
A.; r1P
eight ts-Washington, JEFF
ferson, Madison, Jackson, Tyler,
Lincoln, Garfield and Benjamin
Harrison. Each check is framed
with an engraving or photograph
of the author.
The Lincoln check has a rare
historical significance, as it is the
last check he wrote, being dated
April 13, 1865, the day before his
assassination. 1t is made out for
$500, payable to himself. Another
interesting item is check by
Charles Dickens dated June 4, 1870,
five days before he died.
The earliest date in the collection
Is February %, 1881, The author of
this check was Francis Hopkinson, a
signer of the Declaration of Inde-
pendence. The most recent check
is that of Jack London. author and
soldier of fortune, drawn for $40
on the Central Bank of Oakland,
Calf. on October 3, 1905.
Several of the checks are drawn
In English pounds instead of dollars.
lyr
Scott, Percy Bysshe Shelley, William
H. Prescott. American historian, and
Aaron Burr.
In actual dimensions, the checks
shown range in size from TVler's,
5l5"x2", to Mark Twain's, which
Is 8"x3".
Today's Trading on Exchange.
Lincoln Service Corp. 7 per cent
preferred stock sold at As on the
Washington Stock Exchange today
on a 2O-share turnover.
Capital Traction IS we're in good
demand. $1,000 and $1,000 transfers
being recorded at l0314, off frac-
tionally.
The stock exchange, banks, bro
kerage and investment houses will
all be closed Friday, the Fourth.
Several banks reported today that
the new Government staggered pay
days caused marked letup in the
first-of- of-the-month rush yesterday.
Merrill Lynch, E. A. Pierce & Cas-
satt announce that Ryburn G.. Clay
of Atlanta, Ga, has been admitted
to limited partnership. Mr.. Clay
Is president of the Southeastern
Pips Line Co. and a director of
Fulton National Bank, Atlanta, OF
which he uas formerly nresident