-THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, JULY 1C, 1S22.
BANK INSTITUTE
il
GROWSFAST
HAS
5092 MEMBERS
Educational Work in Particular
-Makes Remarkable Strides;
25,000 Students Enrolled.
Br Klekard IV. Hill
Secretary Aauncan Inttttato of
The year 1921-23 ha made history
for the American Institute of Banking.
''Its predecessor -wast a brilliant one,
spectacular in the growth of its mem
bership and intense in its educational
activities. Bat this rear has witnessed
a more real, steady advancement that
denotes true progress ; it has been the
test of the phenomenal .activity of
2tO-Sl.
-' The Minneapolis convention both re
' fleeted the unprecedented sains of the
months prior to its convening, and
presaged, in the interest and enthusi
asm of its delegates, the surer growth
:--to-JoIlow. Nor has that promise been
i repudiated in the actual events of the
' year. Every phase of institute activity,
v both local and national, has been af -,
fected by the general trend toward a
" bigger and better organisation.
MEMBERSHIP LARGE
Institute membership Is naturally the
meets obvious indication of progress or
? retrogression. That the organisation
tfaas been able to maintain intact, so
far as numbers are concerned, the 1m
. mense gains of last year is in itself
. a notable accomplishment, and it would
not have been surprising if no actual
gain had been recorded for the present
year.
But. far from such a condition., the
. national membership committee has
- reported a net gain of about 6800 mem
bers since the Minneapolis convention,
making a total of approxlmatly 60,692
roe moors, j
HAS 111 CHARTERS
shin has eonu a laf-M InntwaaA In tm
number of local chapters. 23 having
t oeen organized since the convention
in MinneapoliH. .
".. The institute now has 111 local chap
ters. It is interesting to note that
five of tliese new chapters are in Cali
fornia, making , that state the banner
e state with regard to number of chap
ters, and that seven of them have been
established in four- states Arizona,
.Florida. Nevada and New Jersey
wnicn naa no chapter at the time of the
, convention. In almost every instance
the new organisation has been of a
very superior type, both in number of
members and in enthusiasm displayed
- in the educational work.
Much progress has been made in the
educational work itself 'this year, sta
tistics showing that more than 25,000
' students are enrolled in institute study
classes throughout the , country a
higher percentage than ever before.
The most conspicuous national accom
plishment In the educational field has
. been the complete revision of the in-
stitute law work.
wiSDOM 8HOW5 "
.- Already', the wisdom of this change
"la apparent, and much better results
' are obtained. Furthermore, plans were
perfected and work actually begun
' some two months ago on a revision'
of the elementary banking course, on
.the preparation of an institute text-
vv i"' uw course m economics, ana.
in the preparation of a new Mum and
3 text on the subject of credits. All of
these books and courses will be avail
able for use In the fall. Locally, the
r educational curricula of individual
chapters have been enlarged to meet
their specific needs in such a way that
the institute Is now giving unparalleled
service to thousands of enthusiastic
members. ,
Other activites than those connected
directly with the study work have felt
the effect of the same progressive im
petus. Successful, well-defined, and
helpful forums have been conducted by
at least 25 chapters, and this method
of keeping the older members Interest
ed in the chapters and the institute
generally has come to stay.
-,COOD WOKK D02TE
Particularly good work has been
' done In the matter of organizing public
a n"iu5 kuu uchw classes sr sections
4 in the chapters ; inter-chapter debating
" oeen raucn more popular, than
'heretofore, and ken interest is being
taken in the outcome of the contest for
participation in t he Portland debate.
: More than 35 chapters now have their
rewn chapter papers. The valu of such
publications in centering the Interest of
members In their chapter activities is
Immeasurable. Chapters have - been
doing mora than ever to bring the in
stitute and its work before bankers
and the general public
The national publicity committee
designated the week of March 28 as a
special institute publicity week, during
which time window displays and other
posters advertised the Institute broad
cast in nearly every chapter city. One
entirely new activity that has been in
augurated this year is the work being
done by the institute in cooperation
with the A. B. A, committee on public
education.
OFFICERS OF BANKING INSTITUTE
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MEETING TOPICS. :
ME M100HCED
Deparbiiental Conference One
; of Featudes of - Banking In
stitute Convention,
2Z
(1) Richard W. Hill, New York, secretary; 2) J. H. PTieUcher, MUwaukee, first vice president; (3) Rob
ert B. Iiocke, Detroit, president; (4) Carter E. Talman, Richmond, YtU, vice president; (5) A. C.
Burchett, Memphis, candidate for vice president; (8) Robert Strickland Jr., Atlanta, chairman mem
bership committee; (7) Fved I. Kent, New.York, vice president Bankers' Trust company; (8) ron
A. Mullen, New York, executive council; () E. It. I., executive council; (11) Stewart I. Beckely,
committee; (10) Henry C. Jackson, Pawtueket, R, I., executive council; (11) Stewart D. Beckley,
Dallas, executive council; (12) Henry R. Kinsey, Brooklyn, executlTe, council; (13) Joseph J.
Schroeder, Chicago, executlTe council; (14) W. HDressIer; Omaha, .executive council; (15) J..H.
McDowell, Chattanooga, , executive council; (16) F. Tu Ramos, New Orleans, executlTe) council; (17)
George E. Maine, Seattle, executive council; (18) John A. Graham, Baltimore, executlvo council;
(18) A. Warren Anderson, ' Buffalo, chairman public affairs committee.
BANK CHAPTERS
MEET ON JULY 19
Conference to Begin at Break
fast and Continue to After
noon With Discussions.
The chapter . presidents conference,
of the American Institute of . Banking,
to be held at the Multnomah hotel
Wednesday July 1 will start with a
breakfast at S a. ta. and will continue
through luncheon to 2 :30 p. m. The
conference will include subjects for
discussion that will be both interesting
and profitable. It it expected that the
presidents of the 111 chapters of the
American Institute of Basking will be
present and take part in the annual
conference. The program is as fol
lows :
8 to 9 Breakfast
9 to 9:16 "How Shall the Interest
in Chapter work be Maintained?" by J.
Kessler Jones, Federal Reserve bank,
Omaha, Neb. -
:15 to 9 :30 Discussion.
9 :30 to 9 145 "The Problem of Chap
ter Rooms." By Paul B. Detwiler,
Philadelphia National bank,' Philadel
phia, Pa. : . .
9:45 to 10 Discussion.
10 to 10:30 "Shall Officers and
Board of Governors of Chapters be
Institute Graduates? by H. Raymond
Le. Federal Reserve bank, Richmond.
Va- and Frank N. Totten.. Fidelity In
ternational Trust company. New York.
. 10:30 to 11 Discussion
11 to 11:15 "Chapter Finances." f. By
Max Stelner, Chicago -Trust company.
Chicago, 111. '
11 a5 to 11 :45 Discussion.
- 11:43 to 12:15 "Publicity." By E. 1
McCargar, First National bank, San
Francisco, Calif. '
12 :15 to 12 :45 Discussion.
12 :45 to 1 :15 "Public Speaking and
Debate." By W. G. F. Price, National
City bank, New York.
1 :15 to 1 :30 Discussion.
. 1 :30 to 2 :30 Luncheon. Adjourn
ment .
- A. C. Burchett, assistant cashier of
the Bank of Commerce and. Trust com
pany, Memphis. Tenn., will preside
over the conference.
The chapter presidents conference
committee consists of the following:
A. C. Burchett, chairman. Bank of
Commerce and trust company, Mem
phis, Tenn., W. IL Burns, Tompkins
County National bank. Ithaca, M Y.
W. H, Correll. American Exchange
bank, Milwaukee, wis.. P. B. Detwiler,
Philadelphia National bank. Philadel
phia, Pa., A. Xj. Fraley, Northwestern
National bank, Portland, Oregon, O.
TL Lewis, Jr., Lynchburg National
bank, Lynchburg, Va., J. w. Marshall,
Jr., City National bank, Knoxville.
Tenn., F. H. Newton. First National
banlC, Minneapolis, Minn., William
Phillips, Federal Reserve bank, Omaha,
Neb., Frank C Pondrom, American
Exchange National bank. Dallas, Tex
as. I. J. Steed, Bankers Trust company.
Little Rock, Ark., J. H. Streicher,
Commercial Savings Bank Trust com
pany, Toledo, Ohio, Dennis P. ToMn,
First National bank, Bridgeport, Conn.
MOCXT1ES OSS PAY.
Ottawa. Ontario. July li. Officers.
non-commissioned of fleers Und men of
A. and B. Bquadrons, Royal Canadian
Mounted police, who served in France
and Siberia, lost $46,078.80, the differ
ence between their military and civil
Suggestions for Investments
State of Oregon 4 Vs . . .v. . . ,
Grant CountyOre., $s . . .
Chelan County, Wn 5s
City of-White Salmon, Wn., 6s
City of Heppner, .Ore.. 6s : . . .
City of Roseburg, Ore., 6s
City of Tillamook, Ore., 6s" . . .
Port of Astoria 6s . .
Grknts Pass Irr. Dist. 6s . . . .
Republic of Bolivia 6s .......
Republic of Brazil 7s '.
Netherlands Guilder 6s
Province of Manitoba 4s . . .
Dodge Manufacturing Co. 7s
Amalgamated Sugar -7s ......
Utah Power & Light 6s . . .! .
V a
Maturity Yield
. 1940-45 4.25
. 1936-38 4.90
. 1932-34 4.80
. 1932-39. 5.25
. 1942 5.30
. 1929 (est.) 5.00
. 1935 . . 5.125
. 1930 . 55
. 1931-34 6.25
. 1927-40 "7.50
. 1952 72
. 1972 6.10
. 1930 5.50
. 1942 7.10
. 1937 7.00
. 2022 6.60'
We extend to meatber ef the AM1EBICAN ISSTITCTE OF BASKING a cordial welcome to
Pertlaaa and the 3fertfcwet, aad (will .be pie to have jea ae the faeHJUes t ear office.
Ralph S chneelo ch GompXny
4-
7 MUNICIJlAli'AND CORPORAnON" nNANCE
pays, by reason of their service. This
was brought out In the Commons
through questions placed on the order
paper by T. L. Church (Cons., North
Toronto). It was not known whether
or not the government Intended to
reimburse these men for their loss.
Twelve officers and 209 other rnV
A. squadron and seven officers and 38
wui- ranas or ts. squadron saw ser
vice in France.
An educational feature of tha nation
al convention of tha American Institute
of banking is that of tha departmental
conferences. -These conferences which
are open to all in attendance,; are In
the nature of round table discussions
covering the most important vubjects
In connection -with practical' banking.
They are held so that those who par
ticipate jnay become improved think'
era, that they may return to their in
dividual banking institutions better
men on. their own jobs and on banking
in general. - - ,
' In the Portland convention this week
there will be three departmental lunch
eon meetings at the Portland notel
Monday, July 17, Wednesday and
Thursday, July 19 and 20. The Mon
day meeting will commence at noon
and last until the afternoon adjourn
ment of the convention. ?
The other two meetings will convene
at 11:45 a. m. and continue until the
opening ef the afternoon sessions at
2 :30 p. m. Different phases of the
topics to be discussed will be extended
during tne tnree .conierencea, ruu a.
Detwiler, chairman of the department
conference committee, will preside.
: The different topics to be discussed
and the leaders of the discussions will
be as follows:;
Audits and examinations led by F.
L. Ramos, assistant cashier. Canal-
Commercial Trust and Savings bank.
New Orleans, La-
Bank ? administration led by Wm
Feick. assistant cashier, Irving Nation
al bank. New York. ;.
Bonds and investments led by Wm.
R. Ward, Shingle and Brown company.
Oakland, calif. -..
Business development and advertis
ing led by; Donald A. Mullen, secre
tary clearing house section American
Bankers association. New York.
Checks and collections led by Per
ry M. Parker, assistant cashier. First
National bank, Los Angeles, Calif.-
Credits led by Godfrj- C Blohm,
assistant cashier, Ladd - and Tilton
bank, Portland.
Foreign trade and foreign exchange
led by L. R. Cofier, vice president
Wells Fargo Nevada National bank,
San Francisco, Calif. -Savings
bank led by George S. F,
Bartlett, Five Cent Savings bank,
Boston. Jiaas.
Trust functions led by Wra. H. A.
Johnson, Continental and Commercial
Trust company, Chicago, UL
Carter E. Talman,
Vice President, to
Succeed to Gavel
Following the usual custom Carter E.
Talman, vice president of the Ameri
can InsUtute of Banking, will auto
matically succeed Robert B. Locke as
president of the Institute during the
Portland convention this week.
Talman was born in Richmond, Vir
ginia, the son of a confederate soldier.
He graduated from the public schools
of Richmond and afterwards received
his B. AT degree at Richmond college,
now the University of Richmond.
Immediately after leaving collejre
he started in to learn the banking busi
ness with the American National bank
Of Richmond, of which institution he la
now an officer.
Talman was elected vice president,
of the A. L B. at. the Minneapolis con
vention. .
East and West ; ;
j To , Compete at
: , , institute Meet
- Tha ISast win b pitted against the
West in a debate that will be on of
the .most interesting features of the
national convention of the American
Institute of Banking. t The subject 1
one f ' international ; lmportaae and
one that has caused considerable com
ment in diplomatic circles on both aides
of the Atlantic ocean. '
' Tha subject Is: Resolved, that the
United States .enter an agreement; for
the mutual cancellation ef the inter
allied war debt. ; The affirmative will
be takes by the New York chapter, rep
resented by the foUowtar teara ? J. V.
XX Stryker.-; Federal f Reserve bank;
C H. Schoch. Irving National bank:
E. A. Lahrn, Citixena Savings bank;
alternategohn J. Golden. Federal Re
serve bank. Negative. Seat Ue chapter :
Allen P. Hull. First National bank ;
Casper W. - Clarke. Union National 5
Herbert C Bryant, Washington Mutual
Savings bank r alternate, W. C Phil
lips. First' National -bank.
Famed French Hotel
Is Put Up For Sale
, (By InUrnfttioeal Nm Eervtee)
Paris. July 15. -The hotel de la pal
va, last of the mansions on the Champs
Erysee that made that boulevard the
centre . ef Paris during ' the reign of
Einperor Napoleon III. has been , put
on the market ? Friends of bid Paris
fear tha building will be torn down,
following the fate, one after another,
of tha palaces, of the Prince Napoleon,
of Jules de Lessepe, of the Duke of
Brunswick, of Emlle de Girardin. and
f the Count of Quinsonaa. ; s -
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Welcome! Delegates to the
Ao L Bo Convention
July 16th to 20th :
. : . ..'"!''. : :. - ..." v - .
. - . . - I
The oldest bank in the Northwest extends its heartiest greet
ings to its banking friends from all over the United States :
in this, their annual convention. We gladly exert our every .
effort that you may appreciate, the wonders "of the North
west, of Oregon and of Portland, and that all of us may enter
into the joys that always come from these gatherings.
We have been pleased to carry on business relations with
many of the institutions which you represent for. 63 years.
Let us now enjoy the larger pleasure of personal acquaint
ance. ':: 1 ' " . yxr ' .
Our entire "resourced are at your disposal.
Oldest in the Northwest
Washington at Third
Portland
Oregon.':'
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THIS bank counts it a
privilege to welcome
the visiting members
of The American Institute of
Banking; their families and
their friends,! to their Annual
Convention in the City of
Portland; -July 16-20.
THE NORTHWESTERN
NATIONAL BANK
PORTLAND
OREGON
Member; Federal Reserve System
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