Evening Star Newspaper, June 18, 1926, Page 5

DXPANSIN SEEN NI, BANK WORK G. J. Seay, Reserve Bank Governor, Cites Increase in Capital Deposits. BY EDWARD C. STONE, Staff Correspondent of The Star HOT SPRINGS, Va.. June 18.—| Marked expansion in the work of| Washington Chapter, American Insti tute of Banking, was revealed in the | annual report made to the District of | Columbia Banker S dav’s convention s Ial features wel ble address S ¢ of the | hmond. | report | tive committee made wwnes, chairman of th ay spoke mainly on “eredit bt took oceasion to men- | Wil now before Con- | for an amendment | rve act, one of its | about greater | which leral aims beinz 10 bri stabilization of prices. The head of the Richmond Federal erve Bank considers the measure too drastie. believing that it would wike the Federal reserve system too nutocratic. He believes that the sta- bilization of prices must be worked ot by natural laws and_expressed the opinion that it would be danger: ous to place the administration of siuch an immense task upon the shonlders of the Federal reserve syvs. tem's Mrs livectors Seay @ crease in deposits hanks. which are members Richmond Reserve Bank. Nine Courses Offered. Past President R. Jesse Chaney &immed up th work of the institute chapter, stating that 8 courses of 2% and 1 conrse of 17 lectures the vear, in all 360 hours. This < in the “bankers’ given far more in giruction than in any previous vear. | . The enrollment reached 453 cases and | 303 presented themselves for final ex- | aminations. Credit for the splendid showing was glven to the experienced faculty and | to the educational committee. Mr Chaney urged Washington bank offi- | clals to give even more support to the added that the 0 noted the great in by the Washington of the did not have a member enrolled in any of the nine classes. One of these institutions has 77 officers and other 33. After Gov. Seay's speech, the win- | ners of the recent say contest read | their papers on the zeneral theme of the hest wavs to improve banking syswems or practices. President Addi 1 lively discussion on the mer ir suggzestion and employes Bell Heads Committee. Addison has apposnted | Bell pre: of the! Security an Co., an of the commi‘tee on reso. | he other members heing Harry | Havnes, president of t and Mee, 1 erick E. Farrington. pres Chase Bank. and Lanier President s . president of the Bank. was named of the nominatinz commit- | the other members are: hter, viee president Com ional Bank: Char i Lamborn. National Savings and T Co.: John M. Riordon, Bank of Com- d S nd Y. E. Booker, | & Co. tournaments are t ontdoor ok place o hairnian under of the convention 1 won the top-spinning second time. the I e prize. He was | tie with B lent of the Potom I A, Fleming's t . but was | n those | nts by the com- | oday’s special events for Iude 4 luncheon at the eades Golf Club, followed by a br party. Wins Essay Prize. emploved ay. which won fi Among oth pinz property should adopt should keep more complete vegarding stocks and bonds in which their cus. tomers are specially interested. they mizht make greater efforts to get new | customers by more courteous treat- | ment of customers. by bhillboard adver- | tising and by direct appeals through | the mail The banker helieving that “knowl edge is power” should encourags ail the clerks in his institution to at-| tend the American Institute of Bank ing, he suggested. He urzed the adop- | tion of standard sized checks, the ad- | vantage being in simplifying the work | of the tellers and bookkeepers. The young man suggested varieus econ- omies in the use of stationery. He | believes that & a bank's | emploves re=ult in greater efficiency and goodwill. One of his hest sug gestions was that every hank should have a sufficient number of iellers €o | that ciistomers would not be kept | standing in line indefinitely. Frank M. Perley. who is also an employ of the American Security and Trust Co., was next to read an essay, his effort having captured second prize In the contest. Mr. Perley men tioned _th complishments in | clubs ame PAID ON SAVINGS DEPOSITS Under Supervision U. 8. Treasury | MORRIS PLAN BANK ! 1408 H ST. N. W. : Steel Burial Vaults ke 385 Make Each vault is a-standard make. We back up all our vaults with a guarantee. COMPLETE FUNERALS $75, $100, $125 Up Call the Brownstone Funeral Home of W. W. Chambers Co. Cor. 14th and Chapin Sts. Col. 432 | as much as possible, THE EVENING gift of the District Bankers' Associa-| tion, that of member of the executive council of the American Bankers' As sociation for a three ¢ term, will be handed to Harr resi- dent of the Farm | National Bank of G [ row. There were several capdidates for the position, but the nominating com- | mittee has rewarded Mr. Haynes for his years of hard work for banking in teg in Washington, both in the as. sociation and in the Washington Clear- ing House Assoclation. He is a past president of the local organiz n and one of the “lunch bunch™ w kers. As a member of the American Bank- s® cutive council Mr. their bank € |ers' Association execut| t0 cooperate with the officers, he feit |COURCIL meetings and n;n Enualcn trying to offer constructive sugges. | 5% 5 tions for the betterment of the insti tution. the world’s history which have been brought about through co-operation. Fighting against waste and ineffi ciency are the great issues banks face, he said, and much money can he saved by ves ter i . printed in two as much as they do prin he pointed out, and by using striking dif- ferences in type the extra color can be eliminated. The young man also asserted that it is profitable for the employes of one department to visit those of another in order to expand their knowledgze of methods used all over the bank. Contented employes will do everything possible to make i rgetown, tomor- Third Prize Paper. Rafael del Carmen Calvo, teller in the Liberty National Bank, who car. vied off thir nors in the contest, | read interesting paper. ted off with suggestions for BETWEEN ANNUITY OF $1,080 AND $1,140 (Continued from First Page.) retirement with the President are of the opinion that his objections to “greater liherality were directed prin | cipally at the age limits rather than | at the maximum annulty itself. The | President, during the various con- | terences he has held regarding this The first step, he said. is to find out just wl titled to free use of t More efficient methods ar keeping a record of colle tions for any one depositor, he sald, and a card file with all this data would save a tremendous;,amount of work and time. Many other practical and detailed | did not approve of fixing a maximum methods for use in collections were | age for voluntary retirement helow explained by the young banker, nearly | 70 years. Therefore. the conferees all of his prize essay being devoted to | will retain the retirement figures in this subject. He also took up the mat- | the House-administration bill. which are 62 for railway mall cler ter of monthly statements, handling of drafts and keeping of necessary | another class of employes records in the most economical ways. | the general run of emploves _The veteran bankers at the conven. | Stanfleld bill. which was passed by tion were much interested in the sug- |the Senate, provided for zestions made in these three essays.|ages of 62 and 65 vears. Senator Discussion of some of the points| Stanfield said today that as a means proved highly constructive to all the [of expediting this legislation he iz delezates - | perfectly willing to agree tn the House The most highly prized plum in the | figur D. J. Kaufman 1. 1005 Pa. Ave. 1724 Pa. Ave. HOME OF THE TWO-PANTS SUIT Lgmonade Stand's Open ! Come on down—have a cup of cold hand-made lemonade from the Big' Tub. It's our treat! 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Flannel Trousers . . . . $8.75 White Duck Pants $3.00 Imported Linen Knickers, $3.95 Delpha Crepe Beach Robe, $4.95 Bathing Jersey . . . . . $2.00 Bathing Trunks . . . . $2.50 Koko Koolster Outing Hal, $1.00 White Belts . 25¢ White Duck Tennis Hats, $1.50 % ey e iR e e Step on it, Boys—Summer's “Came” Money's Worth or Money Back D. J Kaufman Inc. 1005 Pa. Ade. 1794 Pa. Ave. l St e cther political upheaval —th of Premier Jose ) “abecadas b; CONFEREES WAVER Fen. Mamuel Gomes dn Costh—stunned | he Iocal performers i’ thelr annual ing relieved Commandant Cahecadas of city made his triumphal entry into Lishon after army troops with him, | subject, always has insisted that he| STAR, D. €. FRIDAY, LISBON STUNNED B NEW TR EMORY PLAYERS SCORE. Gen. da Costa Ousts Premier|“The Trvsting Piace' and “The s Travelers” Will Be Repeated. Cabecadas to Surprise Scoring & hit in their first night ap- of Portugal. arance in two comedies by Booth WASHINGTON, quested the assistance of officfals at- tached to the premier’s office in con- stituting a new ministry. He also has invited the present members of the cabinet to make known their choice. Tranquillity prevails throughout the | Tarkington, “Th rysting Place’” and | “The Travelers,” the Emory Players will repeat their performances to night in the auditorium of the Emory Methodist Episcopal Church South in Brightwood Both offerings were By the Associated Press LISBON, Portugal, 18.—An ismissal June well received | by the packed house which greeted The second playlet, “The a clever farce on Amer- d. was exceptionally well the capital vesterday. (ien. Gomes hav. (appearance. Travelel {leans a the premiership, ordered his soldiers | done. to accupy all strategic points in the This precaution was en in spite of the fact that Commandant las accepted his dismissal with- | ing resistance, hecanse, he | convinced the new | as purely Republican Gomes, who only last Sunday e Trysting Place.” being an amusing sketch of the vieissitudes of true love in a Summer hotel which involve a fascinating widow, an adolescent youth and both young and old lovers, has a laugh with very | nearly every line, as Tarkington | comedies are apt to have. all available | Charles Prettyman had the difficult appears to find | role of the lovelorn vouth, Lancelot ret Randall wa Gen moving virtually it difficult to with himself form a premier. Light, Sturdy Boys’ Suits of Palm Beach 511.75 Iith Two Pairs of Knickers Boys' Palm Beach Suits look expensive. but they're not. They wash and wear and keep their shape long after the purchase price has heen forgotten. Ior hoys eight to cighteen, Knickers—hundreds of them linens, Palm Beach and \ complete assortment (& khaki of sizes f style knickers. regulars plain shades, plaids. checks, Boys" Palm Beach Knickers. .. Palm Beach Golf Knickers Khaki Knickers. .. Linen Knickers Shoes and Oxfords Official Boy Scout Shoes—$5 and $5.75 We have just received a complete size shipment of these popular Scout Shoes. Rugged. extremely well made, with rubber heels. Recommended by Scout officials everyvwhere. O fficial A Barber 9 2 iv Boys For Boys Light-weight Shoes for Summer wear. lovs know these famous Teck Shoes—ifor their long vear, style and fair price. $ Headquarters for Boy Scout Equipment 3l Shop 1 here Kiddses Enjoy a Haircut The Avenue at Ninth * NATIONALLY KNOWN STORE* T ) JUNE 18, 1926. Mrs. Briggs, the mother, secretly in love with Mr. Ingoldsby, played by Joseph Keene; John White was Rupert Smith, the lover of Jessie, Lancelot's sister, and Kathryn Randall had the latter role. Kvery member of the cast of “The | Travelers” played his part like a vet. | eran. One stands out particu however, that of La Sera, the lish-speaking guide who everything” to the Americans. Irving Beckwith does an artistic bit of char. acter acting in this role The cast_included Gerald and Mary Keene, as Mr. and Mrs. Roherts A Mundey, as J their daughter Dorothy Fowler and Johu | as Mrs. Sidwell and her Thomas Mullenhe the Ramon France, Luizi; Flizabeth ance, Marie; Melvin Smith, as atore, and Charles Ralph, as the n in the Doorway ssie. Fred chauffeur: M * Jrom, occasion. fabrics. (fsl FAN $16s0 op 1vory$[8 50 The Finest of Fans— but Look at the Price! —3s0 modest that every home can enjdy a superb breeze. For $16.50 you get this ten-inch, room-size, oscil- lator that possesses every refinement and im- rovement. In many respects it surpasses any 'an Westinghouse has ever made. Seeit. .« Westinghouse Fan Bee, too, the other Weatinghouse fans for home, offce, store, restaurants, public buildings, factories. All types. all prices. BEAUTY 7 SILENCE POWER 7 ENU Pot Roast Rottalen. Have a round steak an inch thick. 5 inch squares, and tender. Slash pound them to mak E them with fine ¢ 1150, but not deep Spread these sq with chopped on, seasoned with pepper. <alt and onion. roll them up. and tie well Roil in flour and place them in a deep ron kettle in which hot fat Brown them al then add a | water and cook like a pot roast. | i Sunday, June 20th pair of hose he would like best. == ] Father’s Day Last month the Mothers of the land were honored with floral tributes, the carnation was the chosen symhol of the But Father should be presented with something to wear. A more difficult problem than buying carnations, especially if Dad is rather particular about certain colors, styles and The best way would be to come to Father's store for Father’s Day remembrances. We believe we know the tie or shirt or Specially Priced Items for Father’s Day P c Men’s Shirts $1.65 Imported broadcloths, fine madras shirts, rayon stripes and others. Collars to match, attached or neck- band style. All sizes. Slippers $2.00 Father would be most ap- preciative if vou decided to give him slippers. These are of felt with soft, pliable soles. Leather slippers, $3 to $5. Neckwear 85¢ Specially priced for the oc- casion. Plain colors, stripes, dots and figured effects Many kinds of silks. Ties specially boxed if you desire. Straw Hats $2.85 If you know his hat size we suggest a new straw—of Yeddo braid. the coolest and lightest made. A fancy band to add a touch of color. Special Panama Hats at $5.75, The Avenue at Ninth Union Suits 31 35 Cool, comfortable, Summer weight athletic e union suits at a special price. Check nainsook and madras in a complete assortment of s1zes. Knickers $2.85 If he golfs—and, of course, most Dads do—he will like a pair of golf Knickers of imported linen. These are specially priced. Practically all sizes, but only a limited quantity.