[Volume XXVII
THE CHICAGO BANKER
30
THE CLASSIFIED SERVICE
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BOOKS ON BANKING, FINANCE AND ECONOMICS
The Principles of Money and Banking. By Charles A. Conant. It is a new and complete exposition oi its subject. Two Volumes. Postpaid, $4.25.
The Pitfalls of Speculation. By Thomas Gibson. Postpaid, $1.20.
A book dealing exclusively with marginal speculation, and analyzing in a clear and simple manner the causes of failure in speculation, with a suggestion as to the remedies.
The Use of Loan Credit in Modern Business. By Thorstein B. Veblen. Postpaid, 28c.
The above books are the best of their kind, and will be promptly forwarded upon receipt of price.
THE CHICAGO BANKER,
407 Monadnock Block, Chicago•
BROKERAGE
BANKS and BANKERS having idle or dormant investments in the WEST can secure EXPERT service and assistance by addressing B 200, care The Chicago Banker. All communications held as CONFIDENTIAL.
This volume contains much valuable information and much sound discussion on money and credit.
Principles and Practice of Finance. By Edw. Carroll. Postpaid, $1.85.
A Practical Guide for Bankers. Merchants, and Lawyers. Together with a Summary of the National and State Banking Laws, and the Legal Rates of Interest, Tables of Foreign Coins, and Glossary of Commercial and Financial Terms.
The Banking and Currency Problems in the United States. By Victor Morawetz. The author takes up the problem of the National Monetary Commission, appointed by Congress, and discusses the means of providing a permanent safe guard against money stringencies and panics. Postpaid, $1.10.
The Monetary and Banking Problem. By Logan G. McPherson. i2mo. Cloth,$1. Postage, 10c.
These articles have elicited the praise of both economists and bankers.
of exchange used in financial transactions between the United States and foreign countries. All about foreign exchange, including various forms of foreign commercial paper and terms, abbreviations, etc. For banks, bankers, steamship agents, importers, exporters and manufacturers. Cloth, $5.00.
Government Regulation of Railway Rates. By Hugo R. Meyer. A Professor of Political Economy in the University of Chicago. Postpaid, $1.60 net.
Investment Bonds. By F. Lownhaupt. Postpaid, $1 90.
Prospective investors who wish to make advantageous use of their money will do well to take notice of this volume. The author does not theorize, but tells only plain facts of the relation of the bond to its issuing Corporation, and of the general investment aspect of the Instrument.
Money and Credit. By Wilbur Aldrich. Postpaid, $1.37.
Credit. By J. Lawrence Laughlin of the Department of Political Economy, University of Chicago. Postpaid, 53c.
The nature of credit and its effect on prices have long been a subject of disagreement among economists. Its basis is commonly assumed to be money or bank reserves.
Essentials of Business Law. By Francis M. Burdick, LL. D., Professor of Law in Columbia University. i2mo. Postpaid, $1.50.
This book is not written for lawyers, nor for professional students of law, but it shows how the rules of law governing the commonest business transactions have been developed, and it tells what they are to-day. Technical law terms have been discarded as far as possible, and when they are used they are so explained and illustrated as to be easily understood. The principles of law are not set forth in the form and style known to the leather-bound law book, but are simplified and expressed in clear, lucid, every-day speech
Foreign Exchange. Tables converting foreign money into United States Money, and United States money into foreign money at all commercial rates
lectures, the first two having been selected, one on “Commercial and Banking Law” and the other on “Contracts.” When this course is finished the class will be given an examination and will be awarded certificates by the American Bankers Association and the officers of the American Institute of Banking, which will entitle them to take up regular institute matter in higher classes. The education committee includes F. M. Cerini, F. C. Mortimer, L. FI. Heacock, Daniel Read and S. H. Kitto. The entertainment committee includes J. F. Hassler, P. R. Scott, Geo. H. Hall, O. Elftman and Geo. E. Sleeper.
New Trust Company
A trust company has been organized at Paints-ville, Ky., with a capital of $50,000, by John C. C. Mayo, J. W. Auxier, F. M. Williams, John E. Buckingham, James W. Turner, H. M. Stafford, A. J. Kirk, H. B. Rice, J. L. Patterson, C. T. Rule, J. P. Wells and D. J. Wheeler. H. M. Stafford is to be president, A. J. Kirk, vice-president and H. B. Rice, secretary and treas-
Park Savings Bank
The new Park Savings Bank of Washington, D. C., has elected the following directors: A. B. Ramsey, W. B. Todd, P. J. Nee, T. W. Estes. Thomas Summerville, I. H. Saunders, G. E. Walker, W. H. Atkinson, W. H. Saunders, P. M. Brown, L. E. Bruenninger, W. J. Cox, W. H. Klopfer, F. L. Averill, C. W. King, Jr., C. W. Worthington, C. J. Brown, C. E. Gross, F. W. Jackson, J. O. Evans and B. Stanley Sim-
First National of Dyersville
The directors of the First National, Dyersville, la., have elected the following officers: Frank Drexler, president; A. M. Cloud, vice-president; H. B. Willenborg, cashier, and F. H. D'eutmeyer, assistant cashier. The directors are: M. Ling, A. M. Cloud, H. Goerdt, A. Menke, C. A. Kendal, F. X. Drexler and H. Naher.
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People’s National of Warrenton
The People’s National of Warrenton, Va., has been organized with a capital stock of $50,000. The directors are:	Albert Fletcher, Sr., W. E.
Bishop, H. I. Hutton, S. C. Brittle, John S. Gaines. J. T. Cockrell, E. M. Newton, Henry Lynn, R. T. Fisher, and J. J. Silvey. The officers will be elected later.
lered monarch. The story of his life is full of adventure and exciting incident.
This is a premier book for boys and for all who love nature and healthful, adventurous sports.
Published, fully illustrated, by George W. Jacobs & Co., Philadelphia, at $1.50.
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Forgeries and False Entries
A book covering the tracing of forgeries and false entries, by William E. Hingston, has been printed by the Roxburgh Publishing Company of Boston, sold in Chicago by A. C. McClurg & Company. It primarily is intended for bankers’ use and is the first of its kind on record. “Forgeries and False Entries” is the title and the author is one of the leading experts on hand writing and in bank auditing. It is full of good practical tips and flays the freak signature bank cashiers good and hard. Two of the “horrible examples” are from Iowa. Mr. Hingston shows that the plain signature, full of character is the most difficult to forge and the obscure freak signature the easiest. By mail postpaid $1.00.
Chicago Chapter
(Continued from page 18) sition or an opportunity for something good comes along and they are forced to acquire a little knowledge to fit themselves for such promotion, they cannot apply themselves. Mr. Ennis’ class will convene on the first, third and fifth Wednesdays of each month, beginning October 27th.
The election for vice-president to fill the vacancy made by the resignation of Mr. Wheeler resulted in the selection of Everett Mann of the First National. On a motion by Frank Henderson, one of the candidates, the election was made unanimous.
Among those present was A. Waller Morton, ex-president of the associated chapters American Institute of Banking and formerly of Baltimore and New York. He is now assistant cashier of the National City Bank, Chicago.
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Oakland Chapter
A meeting of the nine members of the board of governors of Oakland Chapter of the American Institute of Banking was held October 14th for the purpose of considering the educational and entertaining features to be taken up by the organization for the coming season. Among the former will be a number of business lectures. The chapter will take up the Chautauqua method of
as an earthquake stops a clock. The fierce blow of battle paralyzed the mind. Their speech was in a vocabulary of war; their loyalties were loyalties not to living ideas or duties, but to old commanders and to distorted traditions. They were dead men, most of them, moving among the living as ghosts; and yet, as ghosts in a play, they held the stage.”
The story passes from the time of the beginning of universal education, and from the time of industrial paralysis, to the present day, when the South is making an heroic effort to stand shoulder to shoulder with the rest of the world, and to emerge from her stultifying memories and traditions. No other book of deeper interest is before the public of to-day. None other will teach one more that he ought to know.
Published by Doubieday, Page & Co., New York, at $1.20, net.
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A Brand New Book for Boys
The Thomas Y. Crowell Company of New York make a specialty of books of the clean and stimulating kind for young people. Their list for Christmas buying will be a great help to parents. The newest product of their presses is a lively story for boys, describing the rough-and-tumble life on a Western ranch by Edwin L. Sabin, entitled “Bar B Boys, or The Young Cow-Punchers.” Phil Macowan, a young fellow from the East, goes to the Rocky Mountains to recuperate from an attack of pneumonia. By accident he becomes a guest at the Bar B ranch, where steps are immediately taken to make a cowboy of him. He runs into all kinds of adventure—falls temporarily into the hands of Indians, takes his part in a “round-up,” hunts bears, is active in rescuing a little girl from a formidable bunch of “rustlers,” and otherwise proves his true mettle. Many of the incidents related may verge upon the improbable, but it is not likely that youthful readers will find much fault on that score.
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The Biography of a Moose
“Shovelhorns, the Biography of a Moose” is the new Clarence Hawkes’ animal book. He will be remembered as author of “Shaggycoat; the Biography of a Beaver,” “Black Bruin,” “The Trail of the Woods.” and “Tenants of the Trees.”
This story of a moose is a fine piece of animal portraiture.’ His life in the woods is vividly described from the time he is a weak-kneed calf, awkwardly following his mother through thicket and underbrush, until he becomes a mighty ant-