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26 Tr. Co. [i] (1918)

handle is hein.journals/tande26 and id is 1 raw text is: Orut ompatties A MONTHLY MAGAZINE DEVOTED TO TRUST COMPANY, BANKING AND FINANCIAL INTERESTS OF THE UNITED STATES Entered at the New York Post Office as Second Class Mail Matter 11o. XXVI. qjanuari, 1!918 Numbler (ne TABLE OF CONTENTS Frontispiece-The New Board in Control of Railroads of the United States. MAKING OUR STRENGTH EFFECTIVE ........... ........... ...... I Rcsponsibility of Lhe Government. Industry on a War Basis. The Third Liberty Loan. The Money Market Outlook. Work and Economy. The War Savings (ampaign. A Thrift Experiment. Trust Companies in 1917. Trust Company Expansion. Certificates of Indebtedness. A Peace Platform. THE NEED OF NATIONAL UNITY AND EFFICIENCY DURING PROGRESS OF THE WAR . . . 9 Otto H. Kahn of Kuhn, Loeb & Co., New York, WAR-TIME CO-OPERATION AND ACTIVITIES OF THE AMERICAN BANKERS ASSOCIATION 12 C. A. Hinsch, President American Bankers Association. A YEAR OF PUBLIC SERVICE BY THE TRUST COMPANIES 17 Frank W. Blair, President Trust Company Section, American Bankers Association. NEW YORK'S IMPREGNABLE BANKING POSITION ........ ............ 20 Dr. Arthur Selwyn-B.-own. WHY THE TRADE ACCEPTANCE SHOULD BE POPULAR ... ......... 24 G. A. O'Reilly, Foreign Trade.Representative, Irving National-Bank, New York. FUEL DISTRIBUTION ORDER ... ............. ............. 28 A. D. Welton. TAXATION IN TIME OF WAR ........... ....................... 30 John S. Chambers, Comptroller, State of California. TRUST COMPANIES AND BANKS ON THE FIRING LINE ....... ....... ..... 34 Jerome ThralLs, Secretary of the Clearing House and National Bank Sections, American Bankers Associa- tion. PRESENT STATUS AND FUTURE OF PUBLIC SERVICE SECURITIES ..... ......... 39 Frederick J. Whiting, Editor Stone & Webster Journal. PLAN FOR STANDARDIZING THE BUSINESS OF FARM LAND AND TITLE GUARANTY . 42 R. C. Peters, President Peters Trsst Co., Omaha, Nebr. NEW YORK TRUST COMPANIES IN 1917 ....... .................. . 44 L. A. Norton, Specialist in Bank and Trust Company Stocks. ADVERTISING EXCHANGE DIR ECTORY ........ ................... 46 THE SILVER LINING OF THE INVESTMENT BANKERS' CLOUD ... ......... 47 W. C. Bradley, Manager Bond Department, Guaranty Trust Co., New York. THE TRUST COMPANIES OF THE PACIFIC COAST WITH THE PASSING OF 1917 .... 50 A. L. Lathrop, Title Insurance & Trust Co.,.Los Angeles. FINANCING OUR FOREIGN TRADE .......... .................... 54 Walter Van Deusen, Assistant Manager, Mercantile Bank of the Americas. ADVANTAGES OF A PUBLICITY AND NEW BUSINESS DEPARTMENT IN A SMALL BANK ... 58 J. Brenton Taylor, Assistant Secretary, Guardian Trust & Savings Bank, Toledo. PROGRAM FOR LIVE BUSINESS-BUILDING TRUST COMPANY ADVERTISING ..... 63 George E. Lees, Manager Advertising Department, Cleveland Trust Corhpany, Cleveland, THE BANK CLERK'S COST OF LIVING ....... .. ............. ...... 66 J. H. Lewis, Advertising Manager, Bankers Trust Company. LEGAL DECISIONS AND DISCUSSION. ...... . . ................. 69 Removal of Individual Trustee. Sale of an Expectancy. Liability t6 Depositor. Payment of Indome. Care Exercised by Trust Companies in Investing Trust Funds. Special Directory of Collection Banks and Trust Companies ..... ............. 108 Special Correspondence from Leading Cities including Philadelphia, Boston, Chicago, St. Louis, Pittsburgh, Baltimore, New Orleans, Los Angeles, etc. .. .................. 79-104 Annual Subscription, $5.00 Single Copies, 50 Cents