Cleveland Special Correspondence The Cleveland Brand of Patriotism Cleveland bankers and trust company officials were justly proud of their city when the final returns were given out at Washington as to Liberty Loan subscriptions of the different reserve districts. Only three other districts, namely those of New York, Chicago and Boston exceeded the Cleveland total which amounted to $286,000,000, representing $106,000,000 more than the Treasury Department had scheduled on the basis of banking resources. Equally gratifying was the popular character of these subscriptions and the large proportion taken up by small investors and savings depositors. The original allotment for this city was $45,000,000 but this amount was exceeded by over $22,000,000. A feature of the local campaign was the splendid work accomplished by the advertising managers of leading Cleveland trust companies in conducting effective publicity methods. The three most active men on this committee were: Francis R. Morison of the Citizens Savings and Trust Company, who was chairman; F. D. Conner of the Guardian Savings and Trust Company and G. E. Lees of the Cleveland Trust Company. Over Two Million Deposit Gain by Guardian Savings and Trust of Cleveland A financial institution which is able to show an unbroken record of deposit gains regardless of whether general business is on a peace or war basis may naturally pride itself upon possessing those qualities of administration which command a loyal following. This is true of the Guardian Savings & Trust Company of Cleveland which shows an advance in deposits during the brief period from March 5 to June 20, 1917, of from $43,960,482, to $46,035,892. This growth is largely an evidence of public appreciation for the splendid facilities and accom Security Trust Company FORT AND GRISWOLD STREETS DETROIT, MICH. Capital and Surplus, One Million Dollars Thoroughly Equipped to Act in All Trust Capacities Pays 4% on Certificates of Deposit modation provided by the company in its attractive new banking home. The Guardian has capital of $2,000,000; surplus of $2,000,000, and undivided profits of $487,505, the latest statement likewise including along liabilities $997,387 payments on subscriptions to increased capital stock. Resources aggregate $51,578,373. President Goff's Administration of Cleveland Trust Co. Nine years ago, on June 10, 1908, Judge F. H. Goff assumed the office of president of the Cleveland Trust Company. Within the span of these nine years the deposits of the Cleveland Trust Company have increased from $19,059,673 to $53,939,048-surely a record which must be gratifying to officers and directors, stockholders and patrons as well. During the same period of President Goff's able administration the number of depositors increased from 68,212 to a big army of 134,379. The figures of the trust department are not available but it may be stated that the growth of the trust business of the company has been of even greater proportions than reflected in the deposits. During his occupancy of the president's chair Judge Goff also conceived and inaugurated the plan of establishing Community Trusts of Foundation, the Cleveland Foundation having become the model for the creation of similar community foundations in more than a half score of other cities. President Goff has also been honored by his trust company fellow workers with the office of president of the Trust Company Section of the American Bankers' Association. He has been one of the most regular attendants at the annual meetings of the Trust Company Section and at special gatherings of trust company officials where his advice has been of high value because of the combination of a judicial mind with a rare practical command of banking and trust company affairs. Mr. Goff was likewise foremost in bringing about co-operation among trust companies in Ohio. |