The daily star-mirror. (Moscow, Idaho) 1911-1939, 1917-01-25
BANKERS ORGANIZATION
RESULT OF INSTITUTE
Thirty-Five Banks of Five Northern Counties For-
may Organized Yesterday Afternoon as Clear
water Group of Idaho Bankers.


One of the most tangible results Of
the first annual merchants and bank
ers' institute being held here this
week, was the organization yesterday
afternoon of the 35 banks of Lewis
Latah, Clearwater, Nez Perce anc
Idaho counties into what will probably
be known as the Clearwater Group OF
Idaho Bankers, an organization de-
signed to bring the executive officers
of the institutions into business con-
ferences twice a year.
H. Melgard, cashier of the First
Trust & Savings Bank of this city
was elected president. J. S. Heck
athorn, cashier of the Nirst National
bank, was elected secretary. Vice
presidents were chosen as follows: ].
M. Bonner, cashier of the Lewiston Ma
tional bank, representing Nez Perce
county; G. H. EIDE, cashier of the Bank
of Orofino, representing Clearwater
county; G. H. Waterman, president of
State Bank of Kamiah, Lewis county,
and r E. Leeper cashier of the Bank
of Sites, Idaho county,
Following the organization an in
vitations was extended through the
Lewiston bankers delegation for the
Few organization to hold its first
meeting at Lewiston, which. it was an
nounced by the president today, will
probably be done some time in the
spring, when other details of organiza-.
ton are to be worked out.
Salesmanship was the study taken
up by the merchants yesterday after
noon. Chas A. Parsons of Grangeville,
read a splendid paper on "The Prin
ciples of Salesmanship."
P. L. Orcutt of Orofino, editor of
the Clearwater Republican, gave an
address on advertising That Wins;
1 F. Thomas, popular accountant of
the firm of Reinhard & Co., made an
address on the need of accounting in
retail stores; paper by N. William
son on How to Advertise Bus-
ness" was read; and Earl David made
an interesting talk on How to Han
die Return Sales"
This morning Howard T. Lewis,
professor of economics and we'll
known lecturer on civic problems,
made a talk on "The Taxation of
Banks" A. P. R. Drucker, head of
the business administration depart
ment at the university, spoke on BUS
mess BarometerS.'
Dairymen "Swop' Experiences
idaho dairymen met today in the
farmers division to 'swop" expert
ences. The attendance this morning
was exceptionally good ,and the dis
cussions were lively.
Herbert Beier, a graduate of the |
University of Idaho department of
dairying of the college of agriculture, |
and at present director of the Boise |
Valley Cow Testing association, re-
viewed the history of cow-testing or
ganizations, bringing out many i'm
portant points, few of which may be
summarized as follows:
The first association was organized
at Won, Denmark, only % years ago.
The work spread until in 1909 there
were over 600 association The work
was started in the United States in
1905.
Idaho Association Makes Record
There are over $50 associations In
the United States and Wisconsin leads
witlS As. The work in Idaho is new
but very successful. The first associa-
ton, organized at Buhl, September,
1915, completed years work with a
worlds record for it's first years op-
GRAFTON. The second one, the Boise
Valley association, was organized In
April, 1916.
The cow-testing association helps
to improve every phase of ,dairying. 1t
serves as monthly checking upon the
dairy operations of a farm, it is guide
to the development and building up of
superior class of dairy cattle.
The association records are based
on a monthly test for the entire year
and the records contain facts as the
cost of production, profit, etc. The
testing of cows is the only way to
reach the real value of COW. This
has been proven at stock sales. !,
Knows His Production Cost
J. G. Graham, practical dairyman OF
Palouse, entered into the discussion I
and told of some very important re- 8
suits and advantages which he had OBJ t
aimed by keeping complete records OF s