Evening star., 1943-08-26
ALB Chapter Plans
Earlier Course for
New Bank Employees
BY HAROLD B. ROGERS.

oeCauSe OF the need for a short
educational course to give quick
training to new wartime bank en-
ployes, the Washington Chapter
American Institute of Banking, will
open its educational program this
year earlier than ever before by
starting September 7. In the past
the courses always have opened in
october.
This was announced last night by
B. Bruce FrantZ of American Sc
curity e. Trust Co., who is chapter
educational chairman, at a meeting
in the American Security Building
The short course, which was given
last season at the end of the reg
ular program, will begin September
and will be "An Introduction to
the Study of Banking" with Lynn
Q. De Lasnmutt, assistant cashier
of Riggs National Bank, as in
structor.
Mr.. Frantz, who presided, out
lined the entire course of studies
and appealed to workers to make
the chapter work a success during
this war year.
Irwin Gives Address.
PRINCIPAL speaker of the eve
ming was Or. William A Irwin of
New York City, national educational
director of the ALB, who gave an
inspirational address on the scope
and ideals of the educational pro-
gram.
Mr.. Irwin praised the ALB edu-
cational program as unique" de-
claring its like would not be found
In any industry in the country.
All three types of bank employees
could benefit from the education
offered, the speaker said: The new
workers need indoctrination, the up
graded workers need new skills and
the older employees could benefit
from refresher courses for their ad-
vanced work.
A. Scott Offutt, vice president of
the City Bank and president of the
District of Columbia Bankers Asso-
citation, brought greetings of the as
ISOLATION. George B. Earnshaw, as
sistant cashier of National Metro
politan Bank and president of the
Washington chapter, welcomed the
workers and asked for their Co
operation and support" in the pro-
gram of the year
DR.. Eliot H. Thomson, publicity
manager of the Washington Loan g.
Trust Co. who is dean of the fac
ulty of Washington chapter, called
attention to the tremendous
change" IN the personnel of the
Washington banks due to wartime
loss of their staffs.
For this reason ne declared it was
of vital Importance" that both the
men and women in the banks here
take advantage of the opportunities
offered by the chapter to get bet
ter understanding of what banking
means as a vital part of the war
effort. Such an understanding, he
said, not only waS of Importance to
the war effort, but of great benefit
to the enrollee.
Regular Courses Listed.
Regular courses of the fall will
open october 4, Mr.. Frantz ex-
planned. They will include: Funda-
mentals of banking, with Ralph
Endicott, assistant treasurer Wash
lngton Loan & Trust Co., and Paul
j. Seltzer, assistant treasurer, Amer
ican Security 81 Trust Co., as in
structors.
Negotiable instruments, with Will
bur M. Baughman, Federal Trade
Commission, as instructor.
Trust business l, with Ea-l G..
Jonscher, assistant trust officer,
American Security & Trust Co., as
instructor.
A buffet supper was served fol-
lowing the meeting In attendance
were the chapter officers, governors,
committee chairmen, board of con-
suls, instructors and the member
ship Of the Educational, Women's
and Membership Committees.
Directors Of Capital Transit Co.
today declared a dividend of so
cents share, payable October l.
to stockholders of record Septem-
Der Is.
At its regular monthly meeting
the board directed that S125 900 be
set aside from undistributed earn
ings from the third quarter to be
ADDED to property adjustment re-
serves. 1t further set aside $50 900
to be added to reserves for post
war reOllirerneptc
Women Given Place.
With women taking an increasing
part in the banking business here
and throughout the country, as men
leave for the armed forces, special
interest attaches this year to a
ladies' program to be held in con-
nection with the war service meet
ing OF the American Bankers Asso-
citation in New York City, Septem-
ber 1915.
The program will take the form
of panel discussion on The Place
of Women in the War and the
Postwar Era" to be held Monday
afternoon, September 13, at the Wal
dorf-Astoria Hotel.
The four women who will par
ticipate in the discussion are Mrs.
0. A. Beech, secretary of
the Beech Aircraft Corp, Wichita,
kans.; Mrs. Linville K Martin, pres
ident of the Association of Junior
Leagues of America; Miss Margaret
T. Corwin, dean, New Jersey Col
lege for Women, New Brunswick.
N. j., and Miss Edith M. Barber,
food editor of the New York Sun,
New York City. The discussion will
be presided over by Harold j. Mar
shall, secretary of the New York