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THE CHICAGO BANKER
August 28, ip op]
T C. PURDY, of the Irving National Ex-»J • change, New York, is at White Sulphur, Va., and says the place “looks good” to him.
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of the council, his election being conditional. Secretary Rinaman is quite anxious to build up still' more and lie wants a few more to join the Illinois association. Why don’t you Illinois bankers come to the front ? Even the big Illinois Trust Company sees the benefit of the time lock cleaning and is willing to save $75 per year.
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ment of the Title Guaranty & Trust Co. of that city, “because of. his wide acquaintance as secretary of the Illinois Bankers Association,” etc. Nothing could be further from the truth. He simply is going back to service under Mr. Van Riper who has returned to the banking business as head of the Title Guaranty Co. They occupied the same positions in the East St. Louis bank which was sold.
Illinois vice-president for the A. B. A. upon his trip to the Denver convention. W. F. Stone of Peoria is noted for his gift at public speaking and he now is on a special vacation practicing . upon the oratorical, features of the paper which he has prepared. Don’t miss it.
They had such a committee at New York, but it hasn't been necessary since. It was a very brilliant idea?
the country congressman in the country’s forum, with a central bank bill—well, it will not be so easy.
of St. Louis, on the program of the trust company section. They will be there, however, as usual, arrayed for or against anything that comes up. It wouldn’t be a real meeting of the section without this ever-blooming perennial.
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tion Tax Law” as embraced in the new tariff bill. It will be a useful and convenient reference book for the busy corporation man and bank attorney.
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stand for thhe secretaryship of the Illinois Bankers. He is a young, energetic man and made quite a record in the group organization work with which he is in entire sympathy.
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Springs convention of the Pennsylvania bankers. Western bankers desiring to play communicate with H. S. Zimmerman, Mellon National, Pittsburgh; eastern bankers, with Joseph Wayne, Jr., Girard National, Philadelphia. Members are invited to participate.
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before he can join the A. B. A. He ought to but he doesn’t have to join the state organization
^rst•	Cashier.
new speedway was designed to meet every requirement to that end. Possibly, too, the breaking of necks might also have been expected for that very reason.
A SOUTH DAKOTA banker was in the other day and to show how his state had advanced from the day when Dakota land was a burden to the owner told his story.
PETER HANSEN was land poor. He couldn’t sell and was believed fortunate when a fellow countryman offered him a calf for 160 acres. “But the best of it all is,” said Pete, “the faller couldn’t read, and I made the deed out for 320 acres. Ha! ha!"
DECATUR’S million dollar fire burned up one hotel and may necessitate the parking of additional trains for the Illinois convention. The Chicago visitors will sleep in their Pullmans and, if necessary, keep the diner going.
GEORGE A. McLEAN, president of the Riverside Bank, Chicago, was killed in an automobile accident at New Brunswick, N. J., on Saturday. His nineteen year old son also was killed, and four members and guests of the family, dangerously hurt.
YOU see the ads of the non-advertising banks in very many papers as “pullers.” National City, N. Y., for one, but never in this journal. We give a little space occasionally to Mr. Vanderlip when he dons his white “white kid” dress suit, but when you see a display ad in this paper it’s paid for and no one gets 50 per cent commission on it, either.
LEIGH SARGENT, over at the First National, takes this department too seriously. Under poetic. license we attribute sayings, even in verse, to favored friends, without recourse. The late Sol Smith Russell was fond of telling a good story and then commenting in an absent minded sort of way—“The best part of that story is that is isn’t true.”
JC. FRENCH was the moving spirit in put-• ting South Omaha into the reserve city list The deposits of that active suburb are close tc $12,000,000 and it has been contributing one-fourth of the clearings to Omaha. The South Omaha packing houses do a business of $100,-000,000 per year and feel the need of a larger and a steadier line of deposits.
CHICAGO is pluming and primping in anticipation of the elaborate ball which will be given at the Auditorium on September 16th with President Taft and his party as the guests of honor by the American Bankers Association. The ball is expected to eclipse in brilliancy even the big reception and dance which was given at the same place a few years ago in honor of Prince Henry. Mr. Abbott has added fifty names to the committee in charge.
SECRETARY MACVEAGH’S reported intention to have bank notes and other forms of paper currency washed frequently in a cleansing chemical solution will be generally applauded. Clean notes have long been considered a luxury not attainable by the great majority of users, but in these new days of progress and antiseptic precaution they ought to become a thoroughly popularized convenience. The immunity bath experiment will be well worth trying.
CHICAGO banks have long made it a custom to pay out only new unused currency in their ladies’ departments. The Northern Trust Co. was a pioneer in this field.
THE Philadelphia North American tells us that Mr. Aldrich having successfully worked off his tariff remedies is about to open a fresh bottle of “Currency Pills,” via his personally conducted monetary commission, or words to that effect.
LC. KAUFFMAN, of Marquette, ex-presi-• dent of the Michigan Bankers Association, has been doing some telling missionary work for Wm. Livingstone for the chairmanship, but in eight states visited, did not find any opposition. He left Chicago on Friday in his touring car for Boston, to see how things are in that section. He will return only in time for the A. B. A. convention. He was elected to the council at Denver.
JUST before leaving for a rest in the Michigan woods Lucius Teter gave his approval to the reception committee badges. Maroon enamel, lettered in white, for the metal work. The ribbon has not yet been selected.
THE delegate badge will be a narrow bar of old silver, with opening for the name.
MR. LACEY says he is at a loss to know why Mr. Abbott put him on the ball-room committee since his experience has been—■some time ago of course—along the barn dancing lines. He will do the best he can to get onto the new things which may be necessary.
JOHN C. CRAFT will be third vice-president and F. P. Judson secretary of the enlarged Commercial National Bank. Mr. Lacey, as has been announced, will be chairman of the board. The new staff will be one of the best distributions of banking talent extant.
HICAGOAN to sell bank to aid the church” was a mid-week headline in the Chicago daily press. It was not stated that both church and bank are of the tent or roller type.
OUR old friend, S. B. Rankin of Ohio, is very much interested in the peregrinations of one Thomas E. Hamilton who has a very complicated telegraphic system of getting money out of easy banks. Hamilton telegraphs money orders to himself, waiving identity, etc., and by means of quick trolley communications, answers inquiries concerning his respectability, and gets back in time to see the money counted out.
THOMAS W. LAWSON is communicating his secrets to the public in all of the papers which will take his money and run the stuff. Lawson says those who refuse his ads are getting higher rates for using the dope sent in by the other crowd. You can take your choice, but don’t forget that Lawson may be both interesting and deceptive at the same time.
DON’T advertise your bank in a paper whose principal business is buying and selling banks, unless your bank really is for sale. Don’t go into another bank’s house organ unless you intend to have it understood that your bank belongs to them. You get in wrong and there is no compensation for the damage done.
WITH 115 banks in Pittsburgh, who can doubt that Peter Leibach, the old mint peddler, who kept $50,000 hidden in stove pipes, old tin cans, and in rat holes, really is crazy. Any jury would say that.
THE opening of the new $400,000 motor speedway at Indianapolis was marked by the breaking of both necks and records. The breaking of records was to be expected because the