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Dr. Edward Ewing Pratt, Chief of Bureau of Foreign and Domestic Commerce, Washington, D. C.
"MOBILIZATION" OF AMERICAN SECURITIES BY BRITISH GOVERNMENT.
Arthur J. Rosenthal, of Bernhard, Scholle & Co.

ANOTHER YEAR OF RECORD GROWTH FOR TRUST COMPANIES OF U. S.

John H. Mason, Vice-President Commercial Trust Company of Philadelphia, and President Trust

Company Section, A. B. A.

FEDERAL RESERVE BOARD IGNORES STATE LAWS IN GRANTING TRUST POWERS

Frank W. Blair, President Union Trust Company of Detroit, and Chairman Executive Committee,

Trust Company Section, A. B. A.

Illinois Supreme Court Holds Grant of Trust Powers to Banks as Unconstitutional
Brief Presented on Behalf of Trust Companies in Michigan Quo-Warranto Proceedings
PRACTICAL FORMS TO FACILITATE FOREIGN TRADE AND CREDITS

David H. G. Penny, Vice-President Irving National Bank of New York.

INFLUENCE OF WAR ON MONEY RATES AND THE DOMESTIC BOND MARKET

Howard F. Beebe, Manager Municipal Dept., Harris, Forbes & Company, New York.

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W. R. Morehouse, Asst. Cashier German American Trust & Savings Bank, Los Angeles, Cal.
SOME POPULAR FALLACIES AS TO WAR STOCK SPECULATION
Thomas Gibson of New York.

49

A MASSACHUSETTS EXPERIMENT IN MEETING WORTHY CREDIT DEMANDS

Russell G. Fessenden, President American Trust Company of Boston, Mass.

UNFAIR TAXATION OF NATIONAL BANKS IN NEW YORK

Edwin L. Kalish, of the New York Bar.

IMPORTANT WORK OF THE AMERICAN BANKERS' ASSOCIATION DURING THE PAST YEAR.
Fred. E. Farnsworth, General Secretary of the American Bankers' Association.

Executive Changes at Merchants' Loan & Trust Company of Chicago

AN EXCELLENT YEAR FOR TRUST COMPANIES OF BALTIMORE

Maurice H. Grape, Vice-President Union Trust Company of Baltimore, Md.

Ralph Stone Elected President of Detroit Trust Company

TRUST COMPANY PROGRESS IN LOUISIANA

J. W. Fairfax, Vice-President Interstate Trust & Banking Company, New Orleans, La.

GROWTH OF BANKS AND TRUST COMPANIES OF LOS ANGELES

E. G. McWilliam, Manager Dept. Publicity and New Business, Security Trust & Savings Bank
REMARKABLE EXPANSION OF BANKING POWER OF NEW YORK CITY

John H. MacMurdy, of Mann, Bill & Company, New York.

The Past Year and Future From Wall Street Viewpoint

Abstract of New York City Trust Company Statements of December 31, 1915

Conservative Policies of Philadelphia Banks and Trust Companies

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