The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-09-08
w. b, DEANS ADVICE TO MEMBERS
OF ST, PAUL CREDIT MEMS
ASSOCIATION.
COMPARES 1T TO PORCELAIN.
ONCE BROKEN, 1T MAY BE PUT
TOGETHER, BUT THE MARKS
REMAIN.
PAPER ALSO READ BY e. A. YOUNG
Outlines What Good Commercial
Report Should Contain, and
How to he Set Forth.

The first of a series of meetings of
the st. Paul Credit Mems association,
at which topics of interest to the MEM
bers were discussed, was held at the
Minnesota club last evening. The SEES
sion was preceded by an Informal dir
ner rendered by the club and it is the
intention in the future to hold the reg
ular meetings of the association in the
same place. Fifty members anG in
vited guests were present last evening,
and L. L. Schurmeier, president CT the
association, occupied the chair. The
topic discussed was what feature
should be specially treated in mercantile
agency reports to render them of the
most service to the dispenser Of credit,
and in what ratio and order should
these points be given consideration.
w. B. Dean, who was the invited
guest and principal speaker of the
evening, thought the present CONNER
cial reports were Of too general a ra-
ture, and should be more specific. Cred
it was the most precious possession
business man could have. 1t was some
thing that could not be bought. 1t was
like delicate piece of porcelain. At
ter it had been broken or fractured it
could, for the purpose of utility, be
put together again, but it would always
show where it was broken. SO it was
with man whose credit was gone. He
might be able to buy goods again, and
his standing might be very fair, but
it could never be restored to the con-
dition it was before it was damaged
He warned merchants, both old and
young, who were in possession of credit
that it should not be trifed with, and
nothing should be allowed to injure it,
for the reason that once lost or injured
That which was beyond price was gone.
h. A. Young read a paper, in which
ne outlined what a good commercial
report should contain, and the man.
ner in which the desired information
should be set forth.
Z. T. Noyes advanced the idea that
commercial reports should state par
tlcuiarly whether the capital of the
person doing business was borrowed
or his own.
ID. A. Monfort said, as a banker, he
had felt that the commercial agency
reports showed a disposition to give
all the information desired by those
using them. The most important
requisite in the reports, to his mind,
was the integrity of the person and
ing more attention given to the per-
sonal character of the man seeking
credit. The question that should go I
make up credits, in his opinion, We're,
first integrity; second, ability; third,
prudence; fourth, capital; and fifth,
experience. The man of natural specu-
latiye tendencies was not entitled to
credit
c. D. MacLaren and j. H. Skinner
spoke briefly on the subject under dis
cussion.
The members of the association in
Guided the following:
Alness, A. r., Scandinavian American bank.
Arthur, l. H., Arthur & Sternberg.
Auerbach. Maurice Union bank.
Bailey E. H., First National bank.
Benz. Henry, Geo. Benz & Sons.
Beardslee, Geo. L., Tarbox Schliek & CO.
Boardman, H. A, Wemott, Howard & Co.
Brown, T. w, st. Paul White Lead and OIL
company
Brown, H. D., Brown. Treacy & Co.
Burbank H. c., H. C. Burbank & Co.
Cary S. NJ, Robinson & Cary company.
Cornish, J. H., Cornish Curtis & Greene
Crooks S. S., sharocd & Crooks.
Driscoll, 4. B.. McKibbin & Co.
Driscoll, F.. the Pioneer Press.
Eldredge, F. A, the Towle Syrup company.
Ferguson. P. D.. Gordon & Ferguson
French, L. W. Kellogg, Johnson & Co.
Fuller, c. A, the Crane & Ordway company.
Gates, H. B., C. W. Hackett Hardware
company.
Greer, s. o., Ogden, Merrill & Greer.
Greeneman ]. E., R. G. Dun Co.
Guiterman A, Guiterman Bros.
Hardenbergh w. A., P. r. L. Hardenbergh
& Co.
Hammer, j., St Paul Rubber company
Hewson, G. j., Fairbanks, Morse & Co.
Hinrichs, F., Koehler & Hinrichs.
Kirk, W. D., the Capital bank of st. Paul.
Kuhles G. T.. Kuhles & Stock.
Lowering, T. D., ]. H. Allen & Co.
Lusk j. W., National German-American
bank.
Ludington, T E., Moves Bros & Cutler
May, L. L.. L. l.. May Co.
MacLaren c. D.. Farwell, Ozmun, Kirk &
Meier, E. j., the Savings Bank of St. Paul.
Monfort, D. A., Second National bank.
Mingaye, W. H., T. L. Blood & CO;
Potter, P. E., Standard Oil company.
Power, Geo. c., the Merchants National
bank.
Powers, A. j., the Powers Dry Goods COM
Ritzinger, A w, Robinson, straus & Co.
shepley, E. L.. N. w: Fuel company.
Saunders E. N. N. W. Fuel company
Schurmeier, T. L., Lindeke, Warner &
Schurmeier C. T.. Foot. schulze & Co.
schurmeier, Henry, Lindeke, Warner
Scott Thos B., Northern Exchange bank.
Scheffer, Alfred. Scheffer e Rossum.
Sewall, S. L., Nicols & Dean.
Skinner, J. H., Lanpher Finch & Skinner.
Snowden, ]. N, Finch, Van Slyck, Young
& Co.
Sommers, Geo.. G. Sommers & Co.
Spangler, w. R.. c. R. Croft & Co.
Thompson, Geo., the Dispatch.
Warren, A. P. Foot, Schulze & Co.
Wilkinson, Albert. Griggs. Cooper & Co.
Willius, F. the State Savings bank.
Young, E. A., Finch, Van Slyck, Young G