FIDELITY TRUST COMPANY (INCORPORATED 1866) Nos. 325-331 CHESTNUT STREET Nos. 43-53 SOUTH FOURTH STREET PHILADELPHIA BROAD and CHESTNUT STREETS $ 4,000,000 12,000,000 Safes for Rent in Burglar-Proof Vaults Wills Safely kept Without Charge J. C. NEFF, W. G. LITTLETON, Vice-President GEORGE H. KYD, JOS. McMORRIS, Treasurer Secretary Benjamin Franklin, says: financial centers of New York and Brooklyn, this Company is amply qualified to handle collections in a prompt and satisfactory manner. We have a department especially equipped for the collection of Brooklyn items and offer to out-oftown institutions the same efficient service which has proved satisfactory to the large New York City Banks which are now sending us their Brooklyn collections. OFFICERS P.H. GOFF President A.G. TAME Vice-President E. B. GREENE. Vice-President P.T. WHITE Vice-President A. L. ASSMUS Vice-President 1. F. FREIBERGER Vice-President and Trust Officer EDWARD E. NEWMAN Secretary H. D. KING. Treasurer E.L MASON Asst. Secretary E. 8.TURTISS Asst. Treasurer M. W. MOUNTCASTLE Asst. Treasurer F. H. HOUGHTON Asst. Treasurer 1. H. HOBSON Asst. Treasurer Establisbed 1888 Franklin Trust Company New York Office : 46 Wall Street THE PEOPLES TRUST COMPANY 181-183 MONTAGUE STREET, BROOKLYN, NEW YORK NOSTRAND AVENUE, CORNER HERKIMER STREET FIFTH AVENUE, CORNER FIFTY-FOURTH STREET CLINTON AVENUE, CORNER MYRTLE AVENUE 43 FLATBUSH AVENUE, NEAR FULTON STREET J. G. DETTMER DIRECTORS THOMAS E. MURRAY INVITES DEPOSITS FROM INDIVIDUALS, FIRMS AND CORPORATIONS, AND SEEKS APPOINTMENT AS EXECUTOR AND TRUSTEE KINGS COUNTY TRUST COMPANY 342, 344 & 346 Fulton St., Borough of Brooklyn, City of New York Capital, $500,000.00 Surplus, $2,000,000.00 Undivided Profits, $635,000.00 JULIAN P. FAIRCHILD, WILLIAM HARKNESS, D. W. McWILLIAMS, JULIAN D. FAIRCHILD, President THOMAS BLAKE, Secretary HOWARD D. JOOST, Asst. Secy. J. NORMAN CARPENTER, Trust Officer GEO. V. BROWER, Counsel HAMILTON TRUST COMPANY 189 Q 191 MONTAGUE ST., BROOKLYN, NEW YORK CITY Capital, $500,000.00 Surplus and Undivided Profits, $1,150,000.00 Walter C. Humstone - OFFICERS : President Robert S. Girling 2d Vice-Pres. Joseph C. Hecker, Jr. 3d Vice-Pres. & Sec'y George A. Kinney Assistant Secretary Assistant Secretary Assistant Secretary QUEENS COUNTY TRUST COMPANY 375 Fulton St., Jamaica Bridge Plaza North, L. I. City Capital and Surplus $700,000 OFFICERS ROBERT B. AUSTIN, President DANIEL W. QUINN, Jr., Vice-President W. E. STECHER, Secretary WILLIS H. YOUNG, Vice-President H. V. HOYT, Asst. Secretary THOMAS NAPIER, Vice-President THOS. F. HASTE, Asst. Secretary Executor Trustee Chartered 1822 The Farmers' Loan and Trust Company Nos. 16, 18, 20 & 22 William Street New York PARIS Guardian OFFICERS EFFINGHAM B. MORRIS, President E. S. PAGE, Vice-President SAMUEL W. MORRIS, Secretary THOMAS S. HOPKINS, Asst. Treasurer LARDNER HOWELL, Real Estate Officer JONATHAN M. STEERE, Trust Officer JOHN M. OKIE, Asst. Real Estate Officer G. L. BISHOP, JR., Asst. Trust Officer PHILADELPHIA, PA. A MONTHLY MAGAZINE DEVOTED TO TRUST COMPANY, BANKING AND FINANCIAL INTERESTS OF THE UNITED STATES Frontispiece-Leaders of Red Cross War Fund Campaign in New York DEFINITE POLICY OF WAR FINANCING Preventing Credit and Currency Inflation Liability for Payment of Unauthorized Checks WAR TIME BANKING PROBLEMS AND NEED OF IMPROVED CREDIT MACHINERY Dr. J. T. Holdsworth, Dean of the School of Economics, University of Pittsburgh. Liberty Loan Payments and Money Market Far-Flung Relief Work of American Red Cross FEDERAL RESERVE BANKS SHOULD NOT BE OPERATED FOR PROFIT Ex-Governor Edward C. Stokes, President, Mechanics National Bank, Trenton, N. J. OPERATION OF TRUST DEPARTMENTS BY NATIONAL BANKS Ralph Stone, President, Detroit Trust Company, Detroit, Michigan. EFFECT OF WAR FINANCING ON SAVINGS BANKS William E. Knox, Comptroller, Bowery Savings Bank of New York. DOMINANT PACTORS IN FOREIGN EXCHANGE SITUATION Improved Clearing Facilities in Paris THE “RATIO PROVISION” OF THE NEW JERSEY TAX LAW Joseph F. McCloy of the New York Bar. RESULT-PRODUCING BANK AND TRUST COMPANY ADVERTISING W. R. Morehouse, Assistant Cashier, Guaranty Trust & Savings Bank, Los Angeles, Calif. History and Evolution of a Great New York Banking Institution DISTINCTIVE FEATURES OF MODERN TRUST COMPANY EQUIPMENT **War Convention" for American Bankers Forceful Trust Company Advertising LEGAL DECISIONS AND DISCUSSION Trust Company Advantages. Stock Market Influenced by War Reveni e Legislation Team-Work between Government and Banks New York Money Market and Liberty Loan Operations Operation of New Investment Tax Law in New York ABSTRACT OF OFFICIAL STATEMENTS OF NEW YORK CITY TRUST COMPANIES AS OF Important Trust Company Legislation in Pennsylvania New England Banks Endorse "Par" Check Collections . First Real Test for Federal Reserve System Food Control and the American Farmer Penalizing Industrial Efficiency Imperative Need of Maintaining Railway Credit . Annual Subscription, $4.00 Singlc Copies, 35 Cents |