The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-09-20


MAYOR C. P. wALBRIDGE OF ST LoUh
other address OF welcome. President Pull
len will deliver his annual address, and
reports viii be received from Cd Joseph
G. Hendrix. chairman OF the executive
council, 90 the protective committee: so
the treasurer; 90 the auditing committee:
90 the secretary; 90 the committee on ex-
press money orders. A discussion OF the
report last named will conclude the busl-
ness of the day. In accordance with the
provisions of the constitution. the dele
cations from eacn state and territory viii
meet and select the name OF one member
each as = candidate FOR the committee on
nominations. 10 be appointed by the presi-
dent. The delegates from the local asso-
CITATIONS viii meet at the same time and
nominate three OF their number 10 the
executive council.
The second days session will be opened
with pray er by the Most Rev. John J.
kain. archbishop of ST. Louis. Under
call of states, brief statements will be
made by delegates as to the conditions Of
banking In their states. Then a debate OF
questions OF Importance Will be taken up
under the five-minute rule, each question
10 have not more than thirty minutes
Among the questions TO be discussed are:
Diiigent presentation of checks payable
Discussion OF the rule abollshng re-
strictiye Endorsements
Payment Of depositors' notes. Discus
sion OF practice in different states
Necessity OF uniform laws governing
commercial paper. What can the Amerf-
can Bankers Association do to bring the
various state laws into harmony
Is bank check revokable before pre-
sentation for payment? Discussion of the
practice IN the various states.
Warehouse receipts as collateral: risks
in loaning upon them.
Uniformity OF holiday laws
Equality Ia the taxation OF bank stock
Bank statements. Can they be inn
proved?
The partial payment OF checks.
Recourse OF bank against account OF an
insolyent customer.
Should not exchange be charged on all
Items that cost 10 collect?
Is II good banking 10 pay interest on
daily balances
Is 1t desirable 10 have a national bank
rupt law?
Is 1t desirable TO have the 10 per cent.
tax on state bank circulation repealed?
Should not the national banking law
permit the organization of banks OF small
capital In small towns?
ought there TO be legislation to prevent
"kifing?"
What Is the best method TO safeguard
bankers drafts from forgery and altera-
tions
Clearing House Questions.
Rev. Samuel j. Necolls. u j.. one Of
the most eloquent OF 81. Louis ministers.
will open the third days session with
prayer. New officers Viii be elected in
accordance with the recon- me ndations OF
the committee on nominations Then the
following clearing house questions VIII be-,
discussed.
Uniform clearing house returns. Their
value Diversity in methods OF reporting
tae daily exchanges by the various clear
ms houses
How the clearing house Idea may be- ex-
tended NAY not groups OF banks organ
ifa district clearing houses Is /. practic-
able 10 clear 10y telegraph or telephone
thFoush centrally located bank ia coun-
try dis'Tictss
The value Of clearing house certificates
In money st~neencies Are they not as
practical ~ groups OF country banks as in
clneaf
Other practical banking questions viii
Dc considered the new officers Will DE IN
stalled ana the association VII adjourn
-. Louis has Wei nlgTtte1 reputation
for hospitality and fhe banker delegates
Will au1 a warm welcome awaiting them.
The -. Louis. MONDAY. UNIVERSITY. AIer-
camille. Country ana Jockey clubs NIL be
thrown open 10 them. No Introduction 70
these clubs vii bs needed by sny one
wearing delegates badge Invitations
have been extended ~ she delegates to vls-
II az aay time tbs 81 Louis exposition.
sire AnkeuseF-ISusch brewing plant the
t'unples station twaioh IS the largest
freight s. stFinRltlug depot 81 the United
S,atesl. the Union station tthe largest !n
;he VERDI. fae Missouri botanical gard sus
and tAe Museum ~ F1no Arts. 4 special
tAccfelon has been planned or Tuesday
II Wll irrls1e a ys~it 70 the q 04ou station.