THE OUZGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, JULY 16, , 1S22.
DAMfA IMPTITIITC
DHM lHOIIIUII.
Educational Work in Particular
Makes Remarkable .Strides;
25,000 Students Enrolled.
By Ateaarc W. ZCDI
Secretary JLm.rtcan isstitBte of WsftMns '
" Th year 19S1-22 has made history
"for the American Institute of Km-nklny.
Its predecessor was a brilliant one,
spectacular tn the growth of Its mem
bership and intense tn its educational
activities. But this year has witnessed
e more real, steady advancement that
denotes true progress ; it has been, the
test of the phenomenal activity of
190-21.
The Minneapolis convention both .re
flected the unprecedented rains of the
months prior to its convening-, and
srcund. in the interest and enthusi
asm of its delegates, the surer growth
to follow. Nor has that promise been
- repudiated In the actual events of the
both local and national, has been af
fected by the general trend toward a
bimr ami fcettAP errantzaticm. '
Institute membership is naturally the
moats obvious indication of progress or
retrogression. That the organisation
has been able to maintain intact, so
fn a tinmtwkf-a . r cnnrlMd Ttl tf
mense gains of last year, is in Itself
a notable accompllsRment. end It would
not have been surprising if i no actual
gain bad been recorded for the present
year.- . i
But. far from such a condition, the
national membership committee has
reported a net gain of about MOS mm-
. making a. total of approximatrjr 60,892
members.
HAS 111 CHARTERS ,
Along with the growth in member
ship has come a large increase In the
number of local chapters, 24 . having
-been organised since- the convention
in Minneapolis.
- Toe Institute) now has 111 local chap
Vters. It Is Interesting to note that
five of these new chapters are in Cali
fornia, making that state the banner
ters, and tliat seven of them have been
"established in four states Arizona,
which had. no chapter at the time of the
convention In almost every Instance
the new organization ' has been of a
very superior type, both in number of
members and In enthusiasm displayed
In the edncAttonel worlr
Much progress has been made tn 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
plishment in the educational field ha
stltute law work.
WISDOaf 8HOVT2T
Already, the wisdom of this change
- ,a wctY kziu. inuuu Miior rwuw
are obtained. Furthermore, plans were
perfected and work actually begun
some two months ago On a revision
of the elemenbfry banking course, on1
the preparation of an institute textbook-
for the course in economics, and
on the preparation of a new course and
text on the. subject .of credits. ' All of
wese cooks ana courses will be avail
able for use In the fa.lL Locally, the
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. . -GOOD
TTOBX Boins
Particularly good work has been
done in the matter of organizing public
speaking and debate classes or sections
in the chapters ; inter-chapter debating
has been much more popular than
- heretofore, and ken interest is being
vvewaev v U1V WUVOSW 1V1
participation in t he Portland debate.
j More than tS chapters now have their
i own chapter papers. The valu of such
i publications in centering the Interest of
members tn their chapter activities is
immeasurable. Chanters have been
doing more than ever to bring the in
stitute and its work before bankers
ma un genera puDiia.
The national publicity committee
special institute publicity week, durlnjr
, wmcji time winoow uspiays and other
posters aonruMa we institute oroaa-
cast in nearly every chapter clty.One
entirely new activity that has been In-
St 11 f-Sfcjl 4kle vee V -t I
done by the Institute in cooperation
with the A. B. A. committee on public
GROWS FAST; HAS
50,692 IVlEiVlBERS
Suggestions for Investments
State of Oregon 4V2
Grant County. Ore'5a
: Chelan County. Wn-
City of White Salmon,
City of Heppner Ore., 6s
City of Roseburgr, Orel 63
City of Tillamook-, Ore., 6s . . -mm . .-.,
j Port of Astoria 6s v . --m - --r.
Grants Pass Irr. Dist. 6s . .7.. .fc..
Republic of Brazil 7s
Netherlands Guilder
Dodge Manufacturing
Amalgamated Sugar
Utah Power. & Light
We extend, to members ef
Pertlaat aad the 2forttwt,
Ralph S
OFFICERS
r
:OifinunM3op
" J
t V.
7
2-
-T7T-
1 Micbaxd W. Mill, Sew York, secretary; (2) J. H. Pueliclier, Milwaukee, first vice president; (S) Rob
ert R. tocke, Detroit, president; (4) Carter E. Talma n. Richmond, Va, vice president; (5) A. C.
Burchett, Memphis, candidate for vice president'; (8) Robert Strickland Jr., Atlanta, chairman mem
bership committee; (7) Fred L Sent, New York, vice president Bankers' Trust company; (8) Don
A. Mullen, New York, executive council; (9) E. R- L, executive council; (11) Stewart D. Beckely,
committee; (10) Henry G. Jackson, Fawtuclcet, It, I, executive council; (It) Stewart T. Beckley,
Dallas, executive council ; (12) Henry R. Klnsey, Brooklyn, executive council; (IS) Joseph J.
. Schroeder, Chicago, executive council; (14) W. n. Dressier, Omaha, executive council; (15) J. H.
McDowell, Chattanooga, executive council ; (16) IV I. Ramos, New Orleans, executive council; (17)
George K. Maine, Seattle, executive council; (IS) John A. Graham, Baltimore, executive council;
(19) 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 Discussioss.
The chapter presidents conference,
of the American Institute of Banking,
to be held at the Multnomah hotel
Wednesday July 19, will start with a
breakfast at S a. m. and will continue
through luncheon to 2:30 p. m. The
conference will include subjects for
A ti.clnM will Vua KntK l.t,iurfl..
and profitable. It it expected that theJ
presidents of the 111 chapters of the
American Institute of Banking will be
present and take part in the annual
conference. The program is as fel
lows:
f to Breakfast,
8 to 9:16 "How Shall the Interest
in Chapter work be Maintained T by J.
Keasler Jones, Federal Reserve bank,
Omaha, Neb.
9 :1B to -9 :30 TMacuaadon.
t:S0 to 9:45 The Problem of Chap
ter JRooms." ' By Paul B. Detwller.
Philadelphia National bank, , Philadel
phia. Pa. ' i - , , ' .
9 :5 to 1 Discussion.
10 to 10:0 "ShaU Officers and
Board of Oovernors of - Chapters be
Institute Graduates r by H. Raymond
Lee, Federal Reserve bank, Richmond,
Va and Frank N. Totten," Fidelity In
ternational Trust company. New York.
10 :S0 to 11 Discussion.
5Us .
e a s s
Wn., 63
)-...
. . . ;-.-.-..
6s .
TssrWeT a V e e
.e esa? e e e
V.
Co. 7s , . .. . . . . L . .
7s
6s .
r
tie AXXkICAJK rXBTITtfTX OF BArxtsrc
aad wm beUaaed to have yea ase
chneelo ch C
OF BANKING INSTITUTE
PA&VEHJie iiW . cut-
11 to 11 :15 -Chapter Flnancea.-. By
Max Stelner, Chicago Trust company.
Chicago, I1L
11 :15 to 11 :45 Discussion.
11:45 to 12:15 "Publicity." ByE.L
McCargar, First National bank, San
Francisco, Calif.
12:15 to 12:45 Discussion.
12:45 to 15 "Public Speaking and
Debate." By W. G. F. Price, National
City bank, New Tork.
1 :15 to 1 :30 Discussion.
1:30 to 1 :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. H. Bums, Tompkins
County National bank, Ithaca. N. T-
W. H. Correll, American Exchange
W
Philadelphia National bank, PhUadel
phla. Pa., A. L. Fraley, Northwestern
National bank. Portland, Oregon. G.
R. Lewis, Jr., Lynchburg National
bank, Lynchburg, Va, J. W. Marshall,
Jr., City National bank, Knoxville,
Tenn- F. H. Newton, First National
bank. Minneapolis. Minn., William
Phillips. Federal Reserve bank, Omaha,
Net, Frank C. Pondrom, American
Exchange National bank, Dallas, Tex
as, I. J. Steed, Bankers Trust company
Little . Rock, Ark., J. H. Strelcher,
Commercial Savings Bank Trust com
pany, Toledo, Ohio, Dennis P. Tobin,
First National bank, Bridgeport Conn,
tjroiXWTIES X.OSS PAT.
Ottawa," Ontario, July 15. Officers,
non-commissioned' officers and men of
A. and B. squadrons, Royal Canadian
Mounted police, who served 1ft France
and Siberia, lost $46,078.90. the differ
ence between their military and civil
Maturity Yield
1940-45 4.25
1936-38 4.90
1932-34 4.80
1932-39 55 -
1942 5.30
1929 (est.) 5.00 .
,1935 5.125
1930 : 55
1931-34 , 6J25
1927-40 70
1952 x 72 :
1972 6.10
1930 5.50
1942 ' 47.10 -1937
7.00 ,.'
2022 6.60 :
a eerdlal weleesie to J
tcllltles e ear e fries, j i
the faculties
ompany
s v.,
5
j - -
ZZ3EL
pays, by reason of their service. This
was brought out in the Com-mnnn
through questions placed on the order
paper by T. Lb Church (Conn North
Toronto). It was not known whether
or not the government intended to
reimburse these men for tbnir in..
Twelve officers and 209 other ranks at
A- squadron and seven office .end
other ranks of B. squadron saw ser
vice in France.
si
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1 mm
aas .rilr M v
( T L W"
MEETING TOPICS
AREAMHOUHCED
Departmental Conference One
of Featudes of Banking In
stitute Convention
Aa educational feature of the nation
al convention of the American Institute
of banking is that of the departmental
conferences. :,j These conferences which
are ooen to all In attendance, are In
the nature of round table -discussions
covering the most important subjects
in connection with practical banking.
They are held so that those who par
ticipate may become improved, think
ers, that ther may return to their In
dividual bankias Institutions -better
men en their own jobs and on banking
in genera L , , - i, : ; - i :
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. J The Men
day mee tins' i will commence at noon
and last until the axternoon aojourn
ment of the convention. "
The other two meeUngs will convene
at 11:45 a. m. and continue until the
opening of the afternoon sessions at
2:30 p. m. - Different phases of the
topics to be discussed iil be extended
during the three conferences. Paul B.
Detwiler, chairman Of the department
conference committee, will presiue.
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.
FelcM. assistant cashier, Irving Nation
al bank. New Tork.
Bonds and Investments led by Wm,
R, Ward. Khingle and Brown company,
Oakland, Calif. - -
Buainees development and advertis
ingled by Donald A. Mullen, secre
tary clearing1 house-: section American
Bankers association. New xoric. ,
Checks &ci collections led by Per
ry M. Parker, assistant cashier, -First
National bank. Los Angeles, Calif.
Credits e- by Godfrey C Blohm,
assistant cashier,- Xadd and Tilton
bank, Portland.
Foreign trade and! foreign exchanre
led by L R Gofer, vice president
Wells Fargo Nevada National bank.
San Francisco, Calif.
-Savings bank 11 by George B. F,
Bartlett, -Five Cent Savings bank.
Boston, Mass.
Trust functions led by.Wra. H. A.
J)hnsom Continental and Commercial
i rust company, (jmcago, in.
Carter E.Talman,
' Vice President, to
Succeed to Gavel
: Following the usual custom Carter E.
Talman, vice president of the Ameri
can Institute of Banking, will auto
matically succeed Robert B. Locke as
president of the institute' during; the
Portland convention this week. -
Talman waa born, in Richmond, Vir
ginia, the son of a confederate soldier.
He graduated from the public schools
of Richmond - and afterwards: received
his B. A. degree at Richmond college,
now the TTntversitv of Richmond.---!-:
Immediately after- leaving eollegeJ
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. I. B. at the Minneapolis con
vention. ; -
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East and West ;
- To Compete at
Institute Meet
The Cast will be pitted against the
West In a debate that will be one ef
the most Interesting features of the
national convention of the American
Institute of Banking,; The subject Is
one of international t Importance and
one that has caused considerable com
ment m aipiomauo circles on oota aioes
Of the Atlantic ocean,'- js '
: A. I. Be .G6neBtioB
July 16th to 20th
A , Th oldestj 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 yoii represent for 63 years.
Let us now enjoy the larger pleasure of personal acquaint-
r "Our entire "resources" are at your d isposal.
- Washington at Third
Portland; " tf
Oregotw
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PORTLAND
The subject is i Reaolved, that the
United States enter; an agreement for
the mutual cancellation of the Inter
allied war debt The affirmative will
be taken by the New Tork chapter, rep
resented by the following team: J. V.
D, Btrykar, federal" Reserve bank;
a B. Schoch, Irving NaUonal bank:
E. A. Lahm. ClUaens Savings bank;
alternate, John J. Golden, Federal Re
serve bank,l Negative, Seattle chapter :
Alien P. Hall. First National bank s
Casper W Clarke, Union NaUonal;
Herbert C Bryant, Washington Mutual
Savings bank ; alternate. W. C . Phil
lips, First National bank. '
Welcome! Delegates
Oldest in the Northwest
r:
I v I v 1 v I v 1 1 1 1 1 v i v i v i v i r 1 1 n
1
We
come
T HIS 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
Member Federal Reserve . System 1
Famed French Hotel
Is Put Up For Sale
; i '.! - ii- "" .
' (B loUteKUonml Km 8rioc)
i' Paris, July 15. The hotel de la pal
va, last of the mansions on the Champs
Elysee that made that boulevard th
centre of Paris during the reign of
Emperor Napoleon 111," Has been put
on the market. Friends of old Paris
fear the building will be torn down,
following -the -fate, one after another,
of the palaces of the Prince Napoleon,
of ..Jules de Lesseps, of the Duke of
Brunswick, of EmUe de Oirardln, and
of the Count of Quinsonaa.
to the.
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