N. A. C. A. Bulletin

N. A. C. A. BULLETIN

Vol. XIX, No. 24 August 15, 1938

IN THREE SECTIONS

Section II L A .R

Chapter Meeting Write -Ups and News Notes

This Bulletin is published semi- monthly by the National Association of Cost Accountants, 385 Madison Avenue, New York City N. A. C. A. Bulletin August 15, 1938

Chapter Ratings

For Ju n e , 1938

G vi M G �z e E aN • � � 'v � + .e v ° 111� 1

E z A G z a w� 0.0 w ) 0 w a r F 1, Philadelphia ...... 328 95 30 12 10 5 152 2. St. Louis ...... 177 75 30 6 10 5 126 3. Los Angeles ...... 110 30 30 7 10 5 30 112 4. San Francisco ...... 124 20 30 12 10 5 30 107 5. Denver ...... 79 20 30 6 10 5 20 .. 91 5. Uti c a ...... 46 10 30 6 10 5 30 91 7. Scranton ...... 60 30 10 30 20...... 90 8. Pittsburgh ...... 238 40 30 4 10 5 89 9. Chicago ...... 250 40 30 12 5 .. 87 9. Rock ford ...... 112 10 30 12 10 5 20 87 11. Houston ...... 103 30 10 10 5 30 .. 85 12, Dayton ...... 209 30 5 12 10 5 20 82 13. Providence ...... 120 30 12 10 5 20 77 14. Bridgeport ...... 164 30 11 10 5 20 76 15. Indianapolis ...... 139 30 6 10 5 20 71 16. New ark ...... 164 10 30 12 10 5 67 16. New York ...... 699 10 30 12 10 5 67 18. All entown ...... 64 20 30 10 5 65 18. Syracuse ...... 95 30 10 5 .. .. 20 65 18. W orcester ...... 80 30 10 5 20 65 21. Baltim o re ...... 109 20 30 10 4 64 22. Birmingham ...... 71 10 30 8 10 5 22. Cleveland ...... 63 203 10 30 8 10 5 63 24. Jamestown ...... :...... 39 15 6 10 30 25. Haw ai i ...... 61 68 20 30 10 60 25. Loui svi lle ...... 112 30 10 20 60 25. Rochester ...... 148 15 10 10 ..5 28. Milwaukee ...... 20 60 148 10 30 4 10 5 „ 59 29. Boston ...... 372 30 12 10 5 29. Buffalo ...... 57 138 30 12 10 5 57 29. E ri e ...... 75 30 12 „ 10 5 57 29. Greenwich ...... 34 30 12 10 5 29. Harrisburg ...... 57 53 30 12 10 5 57 29. Memphis ...... 51 10 30 12 5 29. New Haven ...... 57 96 30 12 10 5 57 36. Hartford ...... „ 163 30 10 10 5 55 37. Cincinnati ...... 160 30 9 10 5 38. Brooklyn ...... 54 109 30 7 10 5 52 39. Columbus ...... 91 39. Kansas Ci ty .,,,...,,.,. :,, 30 6 10 5 51 139 30 6 10 5 51 39. Reading ...... ,...... ,.. 169 30 6 10 5 42. Detroit ...... 51 202 30 4 10 5 49 42. Grand Rapids ...... 107 30 4 10 5 42. Springfield ...... 49 117 30 4 10 5 42. York ...... 49 38 30 4 10 5 .. 49 46. Albany ...... 70 30 8 10 Bend 48 46. South ...... 52 30 8 10 .. 46. Toledo ...... 48 87 30 3 10 5 48 49. Minneapolis ...... 81 30 2 50. Washington ...... 10 5 47 110 15 10 20 51. State of Maine ...... 45 20 15 3 5 43 52. Atlanta ...... 59 30 8 53. Binghamton ...... 38 60 15 5 20 53. Decatur ...... 20 ...... 20 1410 August 15, 1938 N. A. C. A. Bulletin

SECRETARY'S CORNER The purpose of this section of the Bulletin is to provide a means of direct communication between the Secretary and the members of the Association. The opinions expressed and the ideas advanced are not in any sense to be considered expressions from the Association. I am always glad to have comments from members of the Association on any material presented. —S. C. M.

I sometimes think that the scheme of life would be more effective if we could be born at the age of say seventy or seventy -five and grow younger until we pass out at zero. Under this plan we would have the advantage of the knowledge and experience which can be secured only through time, during those years in which it would be of the greatest advantage to us. There are so many things that we cannot conceive in youth which we learn with years. For example, I can recall the time not so many years ago when if I did not drag myself out to the country and hack around a golf course for thirty -six holes every Saturday and Sunday, I considered it a wasted week -end. But I have discovered that there are a lot of other interesting and amusing things that you can do over a week -end. After I was ill in Tucson the winter before last, they advised me not to play golf for six months and I got out of the habit. As a matter of fact, I have come to the conclusion that golf is little more than a nervous habit. I should have considered such a statement lese majesty or somethin' ten years ago. Now I realize that these week -end activities which tarnished my naturally sunny disposition and undermined the respect of my friends, are not absolutely essential. I have played golf only twice in the last year, once at Tucson last winter and once at our annual convention in Chicago. My health does not appear to be seriously undermined and I have saved a considerable amount of money which I used to contribute to the living expenses of my so- called friends. Apparently I am not the only one who has uncovered this secret and I have finally meandered around to the point I really wanted to make. ' Our annual golf tournaments are folding up and there must be some reason. At the Chicago tournament we had less than fifty entries, including six members of the Committee. It does not seem reasonable that we should ask a committee to devote several months of planning — arranging facilities, buying prizes, setting up a program of competition and all the other details — for the purpose of entertaining less than fifty members out of a registration of over eleven hundred. In the early days when our membership was much smaller, and our convention registration less, we used to have more than a hundred entries in the golf tournament, but in recent years the entry lists have been much smaller and it has come to the point where we seriously question whether we should have a golf tournament at all. 1411 N. A. C. A. Bulletin August 15, 1938

I do not believe that this indicates a general loss of interest in golf, but there are so many more opportunities to play now than there were twenty years ago that there is less inducement for our members to lug a bag of clubs to the convention. There are many more clubs; more of our members play golf regularly; there are company, association and industrial tournaments almost every week; and it would appear that we put a lot of effort into something for which there seems to be little general demand. Of course, we have the Donaldson Bowl in competition, but there are very few of our members who can hope to win this trophy and in consultation with the Golf Committee at Chicago, we have come to the conclusion that we might limit the golf competition to the Donaldson Bowl and beyond that simply arrange golf facilities for any members who may wish to play during the period of the convention. We have not reached a final conclusion and I mention this situation in order to offer an opportunity to our members who still suffer from acute "golfitis" to express their opinions to me before we make the arrangements for next year. * * *

There is another item about the convention which I did not mention in my comments, and that is the fact that I think it was the most photographed convention in our history. It is unfortunate that there is little photographic record of many of our conventions. I have been an ardent amateur for years, but during conventions I do not have time to take pictures and there are some conventions of which there is practically no photographic record. That is certainly not true of Chicago. In addition to voluminous contributions by such distinguished artists as Tom Frank, Val Collins and others, we have received from Peter C. Jung of the Milwaukee Chapter, a very handsomely bound volume of captioned pictures covering all the convention activities. It is a beautiful job and we are deeply grateful to Mr. Jung for this valuable addition to the archives of the Association.

Jack Seidman of the New York Chapter pulled a stunt last week which seems to me to be definitely characteristic of the friendly spirit which we have been fortunate enough to develop within N. A. C. A. He threw a dinner party at his apartment in honor of Frank Klein's achievement in winning the Stevenson Trophy for New York Chapter during his administration. The brawl was limited to the officers and directors of the Chapter who had been associated with Frank in his accomplishment, the only excep- tions being Howard Knapp, Director in charge of Chapters, who came up from the farm in Newark, and myself. Each officer and director was called upon to make a few impromptu remarks and without a single exception every one of those boys made an interesting, entertaining and constructive talk. I can recall the days of the N. A. C. A. when we had great difficulty building chapter personnel and it was a source of genuine satisfaction to me to watch those boys operate. They were all well - poised, confident and capable. I believe the same situation prevails in all of our chapters. We are training personnel to which I sincerely believe we can turn over the 1412 August 15, 1938 N. A. C. A. Bulletin operation of our Association with full confidence that its standards and traditions will not only be maintained but also improved through the years to come. I think these younger men who are active in our chapter organi- zations realize that their chapter activities provide a training school from which they may individually gain personal experience and value which could not be attained in any other way, and I think all of them will freely admit the benefit which they have gained through their services to the N. A. C. A. But that in no way detracts from the contributions which all of them are making, and it is the sum of these contributions which gives us the strength we have today and the progress which we confidently expect to make in the years to come.

From our point of view there are many things in the operation of the United States which are somewhat distressing at the moment, and it is quite true that this conflict between public administration and business presents us with many problems which challenge our most constructive thought. I am planning some time in the near future to offer some comments on this situation, but in the meantime I would suggest that we should be duly thank- ful that we are still a nation at peace, and that our problems may still be determined by frank discussion and the power of public opinion. One of our members recently received a letter from a customer in Japan from which I quote: "Referring to our outstanding account due to you, we have to inform you that our payment for same has regretfully not yet been released by our Ministry of Finance notwithstanding we have done our best to gain permission and also while the manner of the Ministry has very often shown us gestures as if they should grant us it without undue delay. "We, of course, are having every painstaking endeavour and continuing our possible effort to secure permission for payments on abroad as soon as possible. And we would like to repeat that our Government neither until now restricted nor prohibited imports of such merchandise, which imports, according to the Government's information, will not be ceased unless other- wise contained nonuseful items, so that our payments can not have been suspended by the Government, yet our payments shall be released in due time. "From the above view, please, in better understanding of our present position, accept our adjournment for settlement of the account, although it might be quite painful experience for you, for we are giving our utmost effort to aim at sooner success on payments. Our own financial condition is excellent and always ready to make payment for you, so kindly await a little while in believing our power for squaring up the account somewhat long due against our will." S. C. M.

1413 N. A. C. A. Bulletin August 15, 1938

Chapter Meeting Write -Ups and News Notes

ALLENTOWN In spite of the rain and hot weather our Board has met regularly to plan our activities for next year. W. E. Taylor, our Program Director, reported at our last meeting that he had secured eight of the nine speakers for the coming year. The subjects to be discussed are inventory control, industrial relations, social security, federal taxes, financing problems, Pennsylvania taxes, presentation of cost data, internal auditing, and current economic problems. Many of our members are taking advantage of the summer months for pleasure trips or short vacations. It was due to this fact, largely, that our Clam Bake had to be postponed. At our September meeting we hope to have a report from Director King on the Hambletonian as well as on his 100 -mile horseback ride at Brandon, Vermont. Hospitals have claimed two of our officers this summer, Professor R. B. Cowin, our Director of Publications, and Harry Hansen, our Secretary. Vice - President Carl Allen recently gave a talk before the Bethlehem Kiwanis Club on the subject "Cost Accounting and Its Importance to an Enterprise."

BALTIMORE At the final meeting of the officers and directors for 1937 -1938, we had a splendid attendance and an excellent manifestation of interest in what had been accomplished during the past year. A fine dinner was enjoyed by every one at Dubners' Restaurant, and at the conclusion of the meal, our retiring President, "Joe" Hlavin, reviewed the activities during his administration. It has been evident during the past months that the Chapter has made rapid progress under the able leadership of Joe and his hard working staff of officers and directors. They have done a splendid job and we all wish to compliment them on their work. As evidence of the appreciation of his work, Joe was presented with a beautiful silver cocktail set, and after the meeting we found that it worked pretty well. The newly elected officers and directors held their first meeting and organized for the coming year. Our new President, "Chap" Davis, has some splendid plans for our technical sessions during the coming year and we look for a most interesting year as well as a pleasant one. The Directors were assigned duties and immediately began to function. It sure looks as if Baltimore Chapter is going places. Our Vice President, Harlan Johnson, has a boat. Yes, sir, and what a boat! Harlan invited all of the officers, past presidents, etc., for a short sail down the Chesapeake and all of the seaworthy lads were in their glory, as it started to rain shortly after we set sail. But the refreshments were excellent, so the rain failed to dampen our spirits. 1414 August 15, 1938 N. A. C. A. Bulletin

Our members are still talking about the fine convention program which they enjoyed in Chicago. Those of us who were unable to attend realize full well what we missed. Don't make it any worse, boys.

BIRMINGHAM Thursday evening, July 28, marked one of the biggest events in our post - convention activities. The annual "Conventioner's Convivial Confab" was held on that date at the Birmingham Country Club. This is a social circle within our membership composed exclusively of members and their families who have attended a National Convention of N. A. C. A. As the name implies, conviviality and confabulation, sprinkled with a goodly amount of reminiscence, always reign supreme on this occasion. Of course, there was dancing and swimming, too. The affair was further enlivened by the presence of several distinguished guests of varied accomplishments and vivid personalities. They included A. N. Patton of Atlanta, Ga., a highly honored accountant and tax con- sultant, and manager for one of the nation's largest accounting firms in that city; Miss Dorothy Compton, a youthful leader among Birmingham's women golfers, and a runner -up in the Southern Women's Tournament held this summer; and Dr. and Mrs. Herbert Gaines, and Horace Gaines. Dr. Gaines is a well -known physician and a member of the staff of T. C. I. Hospital, said to be the finest and most modern equipped in the South. Members in the party were Mr. and Mrs. C. M. Konkle, Mr. and Mrs. J. G. Holland, Mr. and Mrs. H. J. Pratt, and Miss Kathleen Pratt, Mr. and Mrs. J. W. Booker, Mr. and Mrs. Robert W. Bitz, Mr. and Mrs. Ray E. Green, Mr. and Mrs. P. M. Lovell, and Mr. J. L. Brownlee. The "Confab" was a great success for which we have to thank Mrs. H. J. Pratt, the charming and attractive wife of our new President, "Penny" Pratt, and "Doc" Booker. It is hoped that many more of our members will be eligible to attend next year.

BOSTON Boston Chapter is at the midpoint of its summer activities—official and personal. Officially, all is quiet, but appearances may be deceiving. The officers and directors are meeting frequently and an air of determination may be noticed. Although Boston Chapter is justly proud of last year's record, third place in the Stevenson Trophy race, every effort will be made to top this performance, not in just one activity, but all along the line. The members' personal activities are many and varied. Space will not permit a complete summary, so we will concentrate on the travels of two members who are "seeing America first." George Wilson has just returned from a 10,600 -mile motor trip which took him to the Pacific Coast via Tennessee, Oklahoma, the Grand Canyon, Boulder Dam, and Southern California. He traveled north through Yose- mite and Sequoia Parks, San Francisco, the Oregon Coast highway, and Portland. Leaving the coast he toured through the Lake Louise country, 1415 N. A. C. A. Bulletin August 15, 1938

Glacier Park (where he saw 25 feet of snow on the highway shoulders) and Yellowstone. By that time you would think he would have been tired of scenery, but he says that the most spectacular part of the trip was the Cook City —Red Lodge (Montana) Highway, much of which is more than 11,000 feet above sea level. Charles Rittenhouse traveled to Boulder, Colorado, where he taught the principles of accounting to a group of budding lawyers at the State Uni- versity.

BRIDGEPORT Your officers and directors are holding Director's meeting twice a month during the summer months, planning the coming season for your edification and entertainment, any suggestions you may have will be gladly accepted. By the way, don't forget to send Carl Carlson your bowling registration for the coming season. The Y. M. C. A. alleys will be used. Mr. and Mrs. Leon Sisson spent their vacation at Lake George. Mr. and Mrs. Ed Crockett motored to Lake Winnepasaukee for the July 8 week -end. Mr. and Mrs. E. J. Saksa toured the Great Lakes the last two weeks in July. R. C. Seelig plans to show his wife the scenic wonders of Cape Cod and Bob Horton has taken a cabin in Maine for the last part of August. Paul Hiller has been very busy celebrating recently. He just broke ground for a new home and then celebrated his first wedding anniversary with a trip to New York. Frank Craig has been elected Vice President of the Board of Appeals and Joe Coburn re- elected Secretary. We have in our midst a pianist of renown. Perry Rodman acted as guest pianist recently with the Bridgeport Symphony Orchestra. The Park Homes, Inc., comprising a group of General Electrics have just purchased a tract of land for their mutual interests and have appointed Larry Ellis as President and Herman Koenig as Vice President. This may be premature, but save September 17 for our annual Clambake which will be held at Eichner's Grove, with a lunch from noon until 3 p.m. and the Bake at 6 p. m. The Committee is planning a tug -of -war, soft ball game and other events.

BROOKLYN The golf party and dinner we held at Bethpage State Park turned out to be one of the outstanding functions of the year. The competition in the various matches was exciting and the winners had to be right on their game. The team matches consisted of ten threesomes, one player in each group representing Brooklyn Chapter, New York Chapter, the X -O Club of New York Chapter. The X -O boys nosed out Brooklyn by a point for the team honors. George Pavelka of New York Chapter was the individual winner, with Charles Towns of Brooklyn the runner -up. Not to be outdone by her husband, Mrs. Towns went out and captured the ladies' individual prize. 1416 August 15, 1938 N. A.C. A. Bulletin

The party was arranged by "Dick" Gunzer and was topped off by a deli- cious dinner at which the prizes were distributed. The awards were made by "Chris" Finney, who kept the crowd in an uproar with his humorous remarks. The scope of activities for the coming year is taking shape, as a great deal has been accomplished by the Board in July. Various members have been absent from meetings due to vacations, but the others have pitched right in to take up the slack. Employment Director O'Connor is working out a plan whereby Brooklyn Chapter would exchange employment information with nearby chapters, and therefore enable us to find more positions for applicants. F. C. Norton has been appointed to supervise the chapter budget. On August 1, the Radio City Rainbow Room was the scene of an impor- ant anniversary party. President T. S. Racker entertained a party of friends, in commemoration of twenty -five years of public practice. Frank MacCauley is vacationing in the Adirondack Mountains. George Kolb has just returned from a trip from the same section. Milton Hudders, our hard- working Secretary, is away for a well deserved rest. J. W. Hooper, who has been in Europe for two months, is expected back with us soon.

BUFFALO Two Directors' meetings, several special committee meetings, and the Annual Outing provided a busy calendar for the month of July. The outing held at Meadowbrook Country Club was attended by members and their wives and sweethearts and was enjoyed by all. Golf, horseshoes, putting, and a specialty known as the "Kings Ride" were included in the program which was followed by an excellent dinner. If the enthusiasm shown at the Directors' meetings on July 14 and 28 is any criterion, we are due for a bang -up year. Meetings Director Leonard Rustad presented plans for the Business Show which is to be held during the week of October 24. It is planned to hold the show for three days this year. A membership campaign was gotten under way and Director Edgar Harris held several special committee meetings to complete his plans. Preparation of the coming year's program is about complete. The general theme for the year, "The Accountant's Responsibility to Management," has guided the selection of speakers and subjects. Believing that the interest of our chapter members goes further than cost accounting and embraces the entire field of accounting, there have been intro- duced into our program for the coming year's technical sessions, the subjects of office mechanization, economics, industrial management, and insurance. It is believed this innovation will add interest in our meetings not only for those who are interested in accounting generally, but also for those of our members who have no direct interest in industrial cost accounting. 1417 N. A. C. A. Bulletin August 15, 1938

CHICAGO Now that our regular monthly chapter meetings are completed, the officers and directors are devoting their full time to arranging next year's program. At the last Directors' meeting, held at the Auditorium Hotel on Thursday, July 21, our financial budget, prepared by Treasurer Phil Kuntz, was approved, and the Stevenson Trophy budget, prepared by Ed Trapp, was submitted for review by the various officers and directors. Much time and effort is being devoted by "Bill" Bollinger in whipping next year's technical program into shape. Members are promised a well balanced program of timely subjects. We are sorry to report that our Director of Employment, "Joe" Petrick, is partially incapacitated by a broken bone in his foot. We hope to see him soon at the Board meetings. The many friends of Past President Joe Gilby wish to extend to him their sympathy in the recent passing of his father.

CINCINNATI The Cincinnati Chapter has taken larger quarters in the Hotel Gibson. The new arrangements will more adequately accommodate the numerous meetings of officers and directors and serve as a conference room for the members. Informal tax discussions will be held weekly in the new headquarters during the winter months. Plans are being made for a stag party to be held shortly before the opening meeting in September. William H. Mers, member of the accounting firm of Mers & Bauer, is conducting a summer course in governmental accounting at the Graduate School of Public Administration of the University of Cincinnati. This course is endowed by the Rockefeller Foundation. Congratulations to Mr. and Mrs. Carl Bumiller on the recent birth of a baby daughter. Carl is Vice President of our Chapter, and lecturer on taxes at St. Xavier University. We presume that in the years to come lie will be delivering many, many lectures about many other things.

CLEVELAND On Thursday, the 21st of July, under the able leadership of Chairman Cobb with the assistance of committee members Grant and Parks, the Swing, Clout, Slice and Curse Division of Cleveland Chapter went into action on the Lakewood Golf course, with an attendance of 65 members and guests. Sturdy accountants weakened under the strain of the contest and stumbled around with glazed eyes, muttering to themselves about the score they would turn in. Wives cringed in fear as chip shots and putts whizzed around their positions of a volunteer gallery trying to cheer their mates to victory. Then the worst happened. The accountants, not content with golf, and the consumption of a dinner such as the Lakewood Club is famous for, indulged in after - dinner stories and mixed singing which shook rafters and shattered windows in the Club House. After this exhibition, the wife un- 1418 August15, 1938 N. A. C. A.Bulletin doubtedly will be filled with grim forebodings when the master comes home and says, "I'm going to the N. A. C. A. golf tournament on September 1S." For low score on blind bogy, Crelly won first place, followed by Broestl andScotch,Miles.this Harveynearly ruinedput 7 hisballsmorale.straightWatchinginto the waterGrant holeuse hisand,mashiebeing revealed his skill with an axe to the great concern of the Club management. Members of Cleveland Chapter are achieving distinction in other organi- zations; Geo. L. Horst was elected President of Cleveland Chapter of the Society for the Advancement of Management, J. R. Morse, Secretary, and C. S. Nicholson, W. R. Christman, Directors. Geo. L. Horst was also elected as Chairman of the Cleveland Executive Accountants Club with C. S. Nicholson as Vice President and J. R. Morse as Secretary; W. L. Christman and Don Zehrung were elected as Directors. J. R. Morse was also elected Secretary of the Public Accountants Society of Ohio. With enthusiasm the Board of Directors adopted a program of outstanding excellence for next year, It will be announced later. President -elect Keller announced that the first meeting in September would be designated as Past Presidents' Night.

COLUMBUS The Columbus Chapter held its annual picnic during the month of July at the Granville Inn, Granville, Ohio. The attendance was unusually large considering that the picnic was held during the vacation season. The entertainment consisted of golf for the men and bridge for the ladies. McCoy had the lowest score in golf and Ed Krauss had the doubtful honor of the highest score. "Larry" Tobin, Paul Wolfe and Clyde Benoy were vacationing in the Smoky Mountains. Evidently "Larry" Tobin is not much of a mountain climber; he turned up at the picnic with a broken arm. Clyde Benoy has been appointed Chairman of the Accounting Section for the convention of the National Association of Mutual Insurance Comapnies which will be held at Syracuse, New York, the first week of October. Evi- dently Clyde is just as active in his business connections as he is in our Association.

DAYTON Officers and directors have been busy during July outlining plans for activities for the coming year. Paul Rohlfing, Chairman of the Program Committee, reports that subjects and speakers for the fall meetings have been arranged and that the entire program will be completed soon. The first meeting will be on September 20. Our Vice President - elect, Frank R. Somers, presided at a meeting held July 18 at the Biltmore Hotel to appoint team captains for the coming year. He reports that twenty -four aggressive members have accepted the task of seeing that members of their teams are reminded of meeting dates and take advantage of programs presented. 1419 N. A. C. A. Bulletin August 15, 1938

Vincent Blair has been appointed Chief Accountant for the Clark, New Jersey, plant of Inland Mfg. Co., a division of General Motors Corp. Nice going, Vincent! Fred Danford, Assistant Treasurer of the American Rolling Mill Co., was appointed in July to a three and a half year term of the Middletown Board of Education. Congratulations, Fred! Max Monroe, who served on the Board of Directors of the Dayton Com- munity Chest last year, has been re- elected as a Director and reappointed a member of the Budget Committee. Max is at present enjoying a vacation in Canada.

DENVER The month of July was very quiet as far as chapter activities are concerned. However, the Board of Directors held two meetings during the month, and most of the time is being devoted to planning our chapter program for the coming season. The newly elected Board members have been meeting with the present Board in order to become familiar with the duties required of them. At the National Convention the Denver Chapter was honored by the election of one of our Past Presidents, Paul E. Remington, to the National Board of Directors. Paul is in regular attendance at all of our Board meetings. Larry Dolan has returned from his vacation in Cleveland and reports a very good time. Pat Davis has become a gentleman farmer, having recently purchased a small tract outside of the city; he proudly displayed his caloused hands at our last meeting. He promises the Board a meeting at his country home soon.

DETROIT With the arrival of summer, the Board of Directors of the Detroit Chapter usually arranges to have its meetings at spots not as confining and much more pleasurable than the downtown hotels where winter meetings are held. As a result, one of the July meetings was held at the Detroit Yacht Club on Belle Isle and the other at the Orchard Lake Country Club. At the latter meeting the combined old and new Boards were entertained at golf, swimming and dinner by President "Don" Russell. Don certainly did a perfect job of putting on a party for the assembled group. While the July meetings have been extremely pleasurable, the Board has found time for several hours of hard work and plans for next year's program and chapter team competition are gradually rounding into shape. The tentative program is packed full of real meat and should be intensely interesting to everyone. In the absence of Program Director Lawrence Downie, his Associate Director, Ed Barr, has been functioning in a most efficient manner. In the meantime Lawrence is busying himself in Europe in the interests of his company. 1420 August 15, 1938 N. A. C. A. Bulletin

We are pleased to report that George Lilygren, one of our most successful team captains last year, is recovering from an appendectomy and will soon be back at work.

ERIE On July 5, the Erie Chapter held a special meeting at the First National Bank of Erie. The group viewed with much interest the Chase National Bank collection of the moneys of the world which included almost every- thing from ancient Roman coins to modern "wooden nickels," after which Roy C. Mauer, Auditor of the institution, delivered a very fine address in which he outlined the modern accounting methods used by the bank and traced their development through the years. This meeting was held in cele- bration of the seventy -fifth anniversary of the granting of a national charter to the bank. The Erie Chapter is furnishing a detail of men to act as official scorers and tabulators at the Interstate Drum and Bugle Corps Competition sponsored by the Roger Israel Post of the American Legion. Bill Fletcher, an ardent disciple of Isaak Walton, is pursuing his favorite summer pastime on a Canadian vacation trip. The newly elected directors and officers have slipped into the harness and are off to a flying start. The spirit of enthusiastic co- operation which is being shown presages a very successful chapter year.

GRAND RAPIDS On Wednesday, July 13, our Chapter held a golf tournament at the Silver Lake Country Club near Rockford. Ten members were present for the tournament and the best score, an 88, was turned in by a golfer of repute, W. L. Allen. About twenty members attended the splendidly prepared chicken dinner "A La Silver" and at the open Directors' meeting that followed proceeded to further discuss the program for the coming year. At this writing all speakers but two have been lined up and under the leadership of our new President, Horace Gage, the Chapter is looking forward to another successful year. The regular semi - monthly Directors' meetings, the most recent of which was held Monday noon, July 25, at the University Club, have been well attended by both outgoing and incoming Board members. Our Chapter now holds a Class A rating inasmuch as we now have a membership of over 100. The Rowe Hotel has again been selected as our regular meeting place.

GREENWICH While the month of July was a comparatively quiet one in the Greenwich Chapter as far as outward appearances were concerned, it buzzed with a busy bee activity from within. 1421 N. A. C.A.Bulletin August 15, 1938

We had the usual two Board meetings in the current month, the first on Tuesday, July 5, and the second on Tuesday, July 19. At both meetings programs for the coming year were discussed. Speakers and topics of a wide range interest were considered as well as plant visitations, entertain- ments and social activities. A suggestion which might be utilized to its fullest extent deals with the discussion of individual problems arising from everyday work, which could be dealt with once a week by those members of the Chapter who could and would afford the time, say, after work, at a dinner meeting or at a luncheon. It broadens one's viewpoint, because it helps the other fellow visualize a problem presented from a different angle and prevents, to a certain degree at least, unnecessary stumbling or experimenting which sometimes proves very costly. "Art" Clark has just returned from Lake Sunapee in New Hampshire. We are glad to report that the lake is rather high and not near as dry as some of "Arts" stories. "Charlie" Johnston is driving valiantly toward Boothbay, Maine, to find out how down Easterners live and to sample the bathing. "Walt" Weed looks worried. Who wouldn't with a semi - annual accounting period and a vacation coming close together.

HARRISBURG The high spot of the activities of Harrisburg Chapter during the month of July was the Golf Tournament which was held at the Hershey Park Golf Club on Friday, July 15. In this event, Harrisburg Chapter was host to the members of the Reading and York Chapters. The York Team was successful in capturing the team prize and received golf balls as prizes. The individual competition was decided by a kicker's handicap, the judges being Paul W. Kearney and Harry Ness. William Musser of York walked off with first prize and received a handsome overnight bag. Prizes were also awarded to Harry Lawrence, President of the Reading Chapter, who received a golf bag, and to Nelson Lund of Harrisburg, who received an overnight bag. The play of Nelson Lund, who was Chairman of the committee which arranged the affair, was one of the features of the tournament. He dis- carded his woods and used only his irons, but burned up the course with many brilliant shots. After the tournament an excellent meal was served on the veranda of the Club House. The affair broke up after. an enjoyable evening during which old acquaintances between the members of the three chapters were renewed and many new ones were made. We are glad to welcome as a new member, A. F. Geesaman, of the Hershey Chocolate Corp. 1422 August 15, 1938 N. A. C. A. Bulletin

We have received reports of definite improvement in the condition of "Stan" Pfahl and expect him to be able to attend one of our meetings in the near future. The call of business has taken William Traut, Jr., our President - elect, out of town frequently during the last several weeks and his counsel and leadership is greatly missed at our meetings. August activities of the Chapter will include a plant visitation at the Middletown Airport and our annual picnic.

HARTFORD Despite vacations and the summer weather, the Board of Directors have met faithfully, with an average attendance of eighteen. The first meeting of the month was held at the Farmington Country Club on July 12. Plans for a team contest were announced which will be more ambitious than the usual attendance contest. This contest will cover, so far as is possible, all chapter activities including attendance, securing new members, publications, publicity, etc. Points will be awarded for member participation in these fields. Vice - President Haskell will direct the operation of this contest. It is hoped to stimulate a greater interest among the membership at large in all chapter activities. On Tuesday, July 26, the Board were guests of Past President Art Wilcox at his home on Deer Island at Bantam Lake. Swimming was enjoyed, followed by croquet and badminton. Dinner was served at the Apple Hill Inn on the mainland. The party returned to the Wilcox home for the meeting. The Program Committee reported that arrangements for all meetings were practically complete. The Stag Party Committee announced the date, August 30, and the place, Avon Country Club. Further plans for the team contest were discussed. Director of Member Attendance Cooper brought out the comparative ignorance of the rank and file of the members as to the purpose and method of awarding points in the Stevenson Trophy Contest. He felt that the membership should be better informed as to the various N. A. C. A. activities and the basis of awarding points for local chapter performance. After considerable discussion, it was voted that an exposition of the rules of the Stevenson Trophy Contest be included with annual reports of officers and directors which will be sent to all members early in September. President J. E. Simmons and Mrs. Simmons will sail for Europe on August 17. They expect to visit England, France, Italy and Switzerland. The engagement of Shirley H. Kimmens of Hadfield, Rothwell, Soule and Coates has been announced, and the wedding will take place during August. The bride will be Miss Alice Donahue.

HOUSTON Plans for the coming year have held the attention of our Directors at the last few meetings. They have announced that all regular meetings and 1423 N. A. C. A. Bulletin August 15, 1938

Directors' meetings will be held at the Houston Club. The budget for 1938- 1939 was recently submitted by P. W. Jones and approved. A membership campaign will be conducted in late August and September. The social activities of the Chapter will include a Stag Party to be held in late August. Friends of Harry D. Hopson will regret to learn of the death of his mother on August. 1.

INDIANAPOLIS Even though the vacation period is on in full swing, much activity has been going on behind the curtains of the Indianapolis N. A. C. A. show. Regular Board meetings have been held and _the Fall program is well rounded into shape. The new officers have been taking to their duties as "a duck takes to water." With Professor Pickett of Indiana University as Chairman of the Program Committee, a bigger and better technical program is assured. When you receive your Fall program, do not delay in getting your calendar marked for all of the scheduled performances. While we finished well up in the lead in the Stevenson Trophy Contest last year, it is the desire of all of the officers that we have a greater per- centage in the One Hundred Percent Club and instead of finishing in the first ten, finish in first place.

KANSAS CITY The Kansas City Chapter's regular semi - monthly Directors' meeting during July were devoted principally to the report of our Program Director, Francis Brodie. Though all details are not entirely complete, the tentative arrangements made under his guidance indicate an outstanding program for this Chapter for the coming year. Examinations for four hundred Missouri Unemployment Compensation Commission Jobs were conducted on four consecutive Saturdays, beginning June 25. Past President J. P. Compton, who was appointed by the Governor as a member of the Advisory Committee on Personnel, supervised these examinations. Some fifteen or more of our members assisted as monitors for the 3,000 applicants in the Kansas City area. Jim Compton is now taking a well earned vacation, fishing in the Minnesota Lakes. Our Annual Golf Tournament and Stag Party on June 19 at the Blue Hills Country Club was attended by twenty -eight "golfers" and fifty -one "diners." Messrs. Ford, Udell, and Kerr were the winners of prizes awarded by Harry Stover acting as Master of Ceremonies and Chief Prize Dispenser. A special technical meeting and plant visitation is scheduled for August 23 at the Muehlebach Brewery. All attendance records are expected to be broken due to the announcement by D. G. Wishart, Treasurer, that refreshments will be served. 1424 August15, 1938 N. A. C. A. Bulletin

Tom Dun's vacation takes him to Liverpool, England, for a visit with his folks and later to Belgium and France. George E. Hursig is spending three weeks among the lakes of Northern Minnesota and Canada gathering tall "fish stories."

LOS ANGELES As the June 21 meeting ended our fiscal 1937 -1938 year, no regular meetings were held during July. However, the Board of Directors held several weighty sessions, mostly for the purpose of assisting our Program Director, Gerald Preshaw, to complete the program for next year. Final approval was voted last Tuesday and it is felt that a very interesting schedule has been prepared. Attendance at all Board meetings has been excellent in spite of vacations. The "Tin Whistle" Golf Tournament, which brought out all the "lefties," was won by Jack Maurer with a total of 39 points. Several of us thought our 35's would be ample but Jack was entirely too hot. There were a number of matches played on the golf ladder, but few changed positions. Several challenges have been made for future matches, but there has been little activity recently among members occupying the lower rungs of the ladder. Presumably the beaches and mountains provide too much counter - attraction during the summer.

MEMPHIS Fun, food and foolishness prevailed at the picnic and barbecue of the Memphis Chapter instead of the seriousness which is characteristic of the regular monthly meetings. The members and their wives (or girl friends) assembled in the spacious grounds of the home of our member, O. P. Cobb, Jr., located about fifteen miles from Memphis. In order to develop the proper appetite for fish, ribs, salad, beer, etc., the boys indulged in a very strenuous soft -ball game. Bill Hampton led the "Auditors" to a 27 -3 victory over the "Accountants," captained by Gus Burton. The star of the game wag President - elect, Merrill Boone, who not only pitched ably for the "Auditors" but also banged out three "homers." The ladies capably joined in for the food, and then took charge for the balance of the evening which was devoted to dancing (and more beer). Arrangements have been made to hold the annual golf tournament for members and their friends on August 18 at the Colonial Country Club. Our defending champion, Rod Jeter, not only feels certain that he will win again, but also that he can lick any visiting N. A. C. A. member who happens to be in Memphis on that date. For some unknown reason, the vacationists of the Memphis Chapter are staying below the Mason -Dixon line (often referred to as the Smith & Wesson line). Mike Hennessy is in Georgia. J. H. Parnell tried Florida, and Charley Walker is heading for Great Smoky Mountains National Park. Maybe the boys in the South really like hot weather. 1425 N. A. C. A. Bulletin August 15, 1938

Our program is completed, our plans are made, and we are looking forward to a large increase in Stevenson Trophy points and the Carter Trophy again.

MILWAUKEE Past presidents were guests at the Directors' meeting Monday evening, July 25. The Program Committee reviewed the proposed 1938 -1939 program which will open with the first meeting, September 19, 1938. The theme around which the program is being developed, is "Control of Costs." The annual Golf Tournament will take place on August 17 at the North Hills Country Club. The participants will complete for the Burroughs Cup and an array of prizes donated by members of the local Chapter.

MINNEAPOLIS That the N. A. C. A. Bulletinhas an international circulation is proven by the fact that Thomas D. Hadley, a celebrated accountant in Sidney, Aus- tralia, wrote Frank J. Hickling, Controller of the Minnesota and Ontario Paper Co., saying he had noticed in the Bulletinof April 15 last a reference to an address given by him before this Chapter and requesting a copy. Mr. Hickling, of course, sent him one. Greg Koerner, of I. B. M. Corporation in Chicago, one of the most valued members this Chapter ever had, was a welcome visitor at chapter headquarters recently. The Chapter extends its best wishes to Roy L. Miller, formerly of the American Hoist & Derrick Co., St. Paul, who is now connected with Harris, Seybold Potter Co. at Dayton, Ohio. Two of our members, Professor H. J. Ostlund of the University of Min- nesota and W. F. Gustafson of the Board of Education, Minneapolis, dis- appointed a lot of "bricklayers" when they served as examiners for the City of Minneapolis in its last Civil Service Examinations for Senior Cost Clerk. At the luncheon of the Board of Directors on July 28, there were many interesting vacation and fishing stories. After lunch the meeting turned to a serious discussion of the coming season's business. Director Herrick and Vice President -elect H. F. Caldwell have worked hard on the coming program which is nearly ready for announcement. The spirit in which all work assignments are being accepted is indicative of a most interesting, eventful and successful season.

NEWARK The Board of Directors has continued to function during the summer and it has completed the program for the coming year. The older members of the Board have welcomed the active participation of those newly elected, D. D. Kennedy, George Hallett, and Harry Chaudoin. 1426 August 15, 1938 N. A. C.A. Bulletin

One trouble with summer Board meetings is that the President has difficulty in curbing the enthusiastic recitals of those back from vacation while those yet to go are equally insistent on reciting the advantages of the places to which they are to wander. Ed Cary went to Damariscotta, Maine, Jim Baines to Prudence Island, R. I.; A. B. Winters goes to Cape Cod, Ray Neu to Rhode Island, Bill Slavin to Oak Grove Beach, Conn.; the rest of us spend our vacations in less famed spots —at least we haven't had the opportunity to extol their attractions. Seniority on a Board of Directors sometimes is a great privilege! At our last meeting Jim Baines and Bill Slavin had opposite ideas as to what "quohogs" were and the welfare of the Newark Chapter was subordinated to that of hard or soft shelled clams. It was very fortunate for the said welfare that the participants were unable to exercise at least one of the well -known virtues of that remarkable inhabitant of the deep. And while on the subject of vacations it will be interesting to the members to know that one of our representative companies plans to hold a September convention in Bermuda to which will journey at least two of the singing quartet mentioned in last month's Bulletin. Blue ocean and Bermuda —that is a vacation! The Chapter welcomes Frank Rohrer, Jr., of Fiske Bros. Refining Co. as a new member.

NEW HAVEN Vacations and July are synonomous except for the Board of Directors of an N A. C. A. Chapter. Getting ready for the Fall program is a real job. President -elect Rood has lined up an organization that looks like a winner. It has been decided to continue with slight modification the committee type of management which functioned so advantageously for the Chapter during "Doc" Jones term as President this past year. Allister D. Munroe has been transferred to a larger territory in Newark, N. J. We all join in wishing him continued success in his new job but regret that the geography of our country is such that New Haven Chapter must lose such an asset to the Chapter as Mr. Munroe has been during his long membership. We learn that our genial Assistant Secretary, V. P. Smith, is to figure prominently in a wedding ceremony the latter part of August. Best of luck "Vin." Mario Baldini, our new Director of Membership, is starting out in a big way. We hope that the continuance of his results to date will make it necessary for Herbert Frost to locate a more commodious meeting place for us. Wynne Hulbert can be found after hours under a yachting cap, somewhere on Long Island Sound. Wynne's cabin cruiser is the approved method for really enjoying summer weather. 1427 N. A. C. A. Bulletin August 15, 1938

Bill Carroll reports that the bass are biting up the Housatonic River and that his frequent visits to the spot have put him on pretty friendly terms with the fish.

NEW YORK Two very interesting and eventful Directors' meetings were held during the month of July by the new Board and Officers of the Chapter. William H. Keating, President - elect, conducted these meetings in his usual efficient and pleasant manner. At the first July meeting attention was focused primarily on Program Director Jack Seidman's outline of subjects and speakers for the coming technical sessions which commence September 13. Jack Seidman and his Committee deserve honorable mention for the outstanding job they have performed in selecting and scheduling interesting subjects and speakers. The regular meetings will be opportunely supple- mented with special meetings on major current legislation. The second Board meeting in July, devoted to establishing the various Directors' budgets, was well attended. At this meeting, the Stevenson Trophy budget was put to a vote and adopted by the Board. We were especially pleased and honored to have with us: Dr. R. P. Marple of N. A. C A. Headquarters; Past President Paul Beck of Borden Co.; Past President Frank McCaffery of Consolidated Shipbuilding Corp.; Charlie James of Stevenson, Jordan & Harrison; and George Claghorn of Stagg, Mather & Hough. The three gentlemen last named constitute the newly created Employment Advisory Board which will confer with and advise the Director of Employment, Stan Bostwick, on ways and means of making this activity more effective and beneficial to our members. Because of the Tuesday evening classes at New York University conducted by Gould Harris, Director of Special Activities, we are deprived of his sparkling personality at our meetings. His representative reported, however, that one of the prominent broadcasting companies is genuinely interested in broadcasting a series of talks under the auspices of the Chap- ter on accounting subjects of public interest. It was also reported that arrangements are under way to provide speakers selected from our membership to lecture at the School of Commerce on various phases of accounting.

PHILADELPHIA The Board of Directors of Philadelphia Chapter have swung into action on their various assignments and considerable progress has been made for the new year's work. An interesting program has been prepared covering a diversity of subjects and including two open forum meetings, which have proved to be so popular in recent years. Early in October the Chapter will sponsor a President's Party, with many novel features, the purpose of which is to arouse a greater interest 1428 August 15, 1938 N. A. C. A. Bulletin in chapter activities, and to permit the members to enjoy closer personal contacts that are so essential in the life of the Association. Philadelphia Chapter conducted a prize essay contest in which students from any local college or business school were eligible to compete. The subjects were limited to some phase of cost accounting. Announcement was made in July of the successful contestants as follows: first prize, $15, to Everett Thomas Burnard of Carbondale, Pa., a student of the University of Pennsylvania, for his essay on "Aviation Costs"; second prize, $5, to John H. Witmer, a student of Peirce School, Philadelphia, for his essay on "Controlling Brewery Costs. Various other students received honorable mention. Director Fischer did a fine job in carrying through the contest. Messrs. Yardley, Morgan and St. Maur, who attended the National Con- vention at Chicago, report it was a huge success and the members of the National Board and Chicago Chapter are to be complimented for their efforts Congratulations to our genial President, Charles H. Yardley, who has just been appointed Technical Adviser to the Controller of the Pension Fund of Lower Merion Township. Further congratulations are due him for his catch of a twelve -pound pickerel while sojourning at Basin Harbour, Vermont.

PITTSBURGH The first Directors' meeting of July at the Edgewood Country Club and the second one at the Shannopin Country Club finds the organization work for next year's activities of Pittsburgh Chapter completed. The program has been definitely determined and all speakers have accepted. The year book is ready to go to press as soon as the approved membership roster is received by the Secretary, and members will be interested in its new form and style. It will include pictures of the officers and board of directors, as well as the speakers for the year. Director of Membership Hanley has his program for a selective membership drive well under way, and we are expecting a healthy growth of the Chapter during the coming year. "Ed" is putting in a lot of hard work in organizing his campaign despite his increased duties as Secretary of the combined Allegheny and Ludlum Steel Companies. As there has been a notable disinclination on the part of the members to wear the large circular badges at the meetings, the use of these badges will be discontinued. They will be replaced by smaller rectangular badges which display the member's name and business connection more prominently. V. F. Covert, Assistant Controller of Westinghouse Electric and Manufac- turing Co., announces that his company will donate these badges to the Chapter. The Chapter greatly appreciates this courtesy from Westinghouse. Pittsburgh Chapter is proud to have one of its distinguished members, in the person of Paul W. Pinkerton, on the National Board of Directors of N. A. C. A. 1429 N. A. C. A. Bulletin August 15, 1938

PROVIDENCE Although there were no regular meetings during July, the Board of Directors met twice for the purpose of planning the program for the 1938- 1939 season. To date the program is not completed and members of the Chapter are again urged to submit to the directors any suggestion they may have regarding the coming year's meetings, either as to proposed speakers or subject matter. If there are any unemployed in Providence and vicinity, it certainly isn't the fault of Phil Feiner, member of the local Chapter and Chief Crier of the Town Criers of Rhode Island. Phil is in charge of the publicity for the Purchases Make Jobs campaign for the Rhode Island area and is doing a bang -up job The New Hampshire weatherman put on a great show for President Henry Harley and Dick Carr, who spent the week of July 17 motoring through the White Mountains. After traveling hundreds of miles in a steady downpour, seeing very little of the scenery, both were glad to get back to water- soaked Providence. Norman Horan didn't receive much co- operation from the Rhode Island weatherman and consequently spent the greater part of his vacation trying to keep dry. Past - President Spencer Over recently started on a hurried airplane trip to New York and actually arrived in New York, thereby proving that he is not of the Corrigan school of aviation.

READING The triangular golf tournament between the Harrisburg, York and Read- ing Chapters, sponsored by the Harrisburg Chapter, was again very successful. The representatives of the York Chapter displayed a very fine brand of golf which put them in first place; Harrisburg rated second and Reading third. The reason why Reading placed third was primarily due to the fact that Lester Flemming still has the idea that the purpose of the game is to see how often you can hit the ball before it falls into the cup. Lester was the winner of the "Consolation" prize for having the highest number of strokes. Getting down to real golf, F. S. Stump of the Reading Chapter, came home with a very beautiful golf bag for winning the "Blind Bogey" prize. Our good friend "Tom" Wood has finally decided to be a real man instead of remaining a bachelor all his life. Although it was a man's size job to convince "Tom" that a bachelor's life is not what it is cracked up to be, Dorothy sure did a swell job. Now it's two Woods, any more and we have a forest. All joking aside, Tom, we do wish Dorothy and you the best of luck. David M. Keener was elected to fill the Directorship of Member Attend- ance, which office was vacant due to the transfer of John Nesline to the Whitall Tatum Co. of Millville, N. J. 1430 August 15, 1938 N. A. C. A. Bulletin

ROCHESTER Saturday morning, July 23, found 50 lusty Rochester members and their guests milling around the starter at Midvale Country Club, all intent on capturing the coveted honors and prizes in the first Golf Tournament of the season. When the fray was ended, Louis Krempin emerged with top honors, turning in a low gross score of 76. Karl Grashof and Frank MacIlroy came in second with low net honors of 65. Many other prizes were awarded which contributed to a most successful day. Our organization meeting for team captains for the coming season was held at the Seneca Hotel on July 18. We have increased the number of team captains this year, giving each captain five men for whom he is responsible. These team captains report to five division commanders. The entire plan is tied in on a competitive basis, each team obtaining points for member attendance, new members, publications, etc. We are all enthusiastic over the plan and predict real results from its operation. We are very happy to record the advancement of another Rochester member, Bernard J. Bartz, who has recently been appointed Controller of the Ritter Dental Manufacturing Co. Our best wishes go with him in his larger responsibility. At the weekly Directors' meeting, held August 1, Bill Jackman, our Program Director, reported a very interesting list of speakers for the coming season. Elihu Hedges, Budget Director, submitted our budget for this year's Stevenson Trophy Competition.

ROCKFORD The first Board meeting of the new officers and directors was held at the Rockford Mitten & Hosiery Co. on July 14, The matter of arranging our program for the coming year was discussed and a number of speakers were suggested by Harold Knudsen, Director of Program. Some of the speakers at the Convention in Chicago were considered as likely prospects to appear before the Chapter, and Mr. Knudsen is going to contact them. It looks as if a very interesting and instructive program will be arranged out of the list of speakers suggested. Harry Wemple, Past President, is vacationing in Canada with his family and reports good fishing. He is having a real opportunity to make use of the complete fishing outfit given to him by the Chapter for his sincere work as President. The Rockford Chapter was well represented at the National Convention in Chicago and maintained headquarters at the Palmer House, where members and guests congregated between sessions. Everyone who attended the Convention was enthusiastic about the manner in which it was conducted and the high caliber of the technical sessions. Charles Turner, Director of Publicity for the past year, has left the furniture industry and is now connected with the Woodward Governor Co. Fred Kudert, our Vice President, is another member who enjoyed an 1431 N. A. C. A. Bulletin August 15, 1938

extensive vacation trip. Fred has just returned from a tour of the West Coast and a number of national parks. The Annual Stag held at the Mauh -Nah- Tee -See Country Club was well attended and everyone expressed themselves as having had a real outing and dinner. A large number of out -of -town guests were present as usual.

ST. LOUIS Chapter activities are at a low point during July, which seems to be the most favored month for the members to take their vacations. The Board of Directors, however, have been burning the midnight oil in an endeavor to give the local Chapter another interesting series of meetings during the coming winter season. Everyone is co- operating admirably in this endeavor. Program Director Ralph Rakestraw's efforts are beginning to bear fruit in a big way. St Louis Chapter is pleased to learn of Sam Marsh's election to the National Board of Directors. We of course, feel that the National Board made a wise selection, and we shall undoubtedly hear a lot about Sam's activities on the National Board during the coming year. Plans are being made now for the annual trip to Coldwater Lodge in the Ozarks, which will no doubt be arranged some time during August. This is an event which is really worth looking forward to, and we urge all St. Louis members to take advantage of it. Speaking of vacations, we understand that Norman Kerth and family are enjoying the cool mountain breezes in Colorado; Morris Bass is testing his piscatorial propensities in the cool, clear waters of Wisconsin. Harold Luenstroth and Jim Taylor are also enjoying their vacations, but they slipped away without telling us just where they were going. At any rate we know from experience that Harold and Jim will enjoy themselves, and from the hard work which they put in last year on the Board, we feel that they are entitled to pleasant vacations. We understand also that George Ebert is a disciple of Izaak Walton. George has not indicated just when he is taking his vacation nor in which direction he is going. However, knowing George as we do, he undoubtedly will look for a good fishing spot.

SAN FRANCISCO There being no regular meeting scheduled, the activities for July of the San Francisco Chapter consisted of two Directors' meeting at which discussion was confined mainly to subjects for the forthcoming yearly program. A number of our members attended the Business Conference held at the Graduate School of Business Administration at Stanford University from July 18 to 22. J. Hugh Jackson, Dean of the above School and Acting Controller of Stanford, and also our National President -elect for the ensuing year, presided over the morning and dinner sessions. During one of the sessions, Dean Jackson had occasion to make reference to the N. A. C. A. 1432 August 15, 1938 N. A. C. A. Bulletin and he gave the Association quite a boost. The afternoon sessions consisted of round table discussions on six different subjects, each subject being handled in different rooms under able leaders. Those who attended the conference and were quartered at the beautiful Lagunita Court, agreed that those who did not attend missed a rare treat. Our members are all looking forward to the Annual Golf Tournament to be held at the Mt. Diable Country Club on August 23. "Peter Schlamm" Dolge is Chairman of the Committee. The San Francisco Chapter is highly honored at having February 28, 1939, set aside as "Cost Accountants Day" at the Golden Gate International Exposition. This event will be printed in the official program. There will be facilities available for any type of program for the afternoon and evening meetings and dinner. These facilities will be free of charge. It therefore behooves all members to keep this date in mind, as an interesting and educational event is promised. We are pleased to announce that Gene Nowlin, our present Director of Publicity and Vice President - elect, and Division Accountant of the Pan - American Airways Co., received his reciprocal C.P.A. certificate from the State of California.

SCRANTON Despite the vacation period, our Program Committee, presided over by Charles J. Dougherty, has made definite progress. The topics for at least nine of the ensuing year's meetings has been decided upon, and in most cases the chief speakers determined. Three meetings this year are to be arranged to make especially convenient the attendance of our Wilkes -Barre members, and a debate is scheduled. Past President William E. Perry has been invited to address two other of the N. A. C. A. chapters during the coming year. Not only are we pleased at the honor extended to Bill, but we believe performance will demon- strate good judgment to have been exercised by the inviting chapters. All these matters presage busy months to come, for which we can, during August, conserve our energies. For this particular month, however, should our Secretary send us any general notices at all, we hope their nature will permit him to issue them under some such motto as dolce far niente.

SOUTH BEND On July 19, the Chapter held its annual golf meet at Orchard Hills, Mich. It was dubbed a "phoney" golf tournament and, thanks to Messrs. Hopkins, Hess and Associates, that's what it was. These two gentlemen and their fellow conspirators managed to concoct some of the weirdest handicaps that ever featured a golfer's nightmare. A neat 51 —for 9 holes — shot by S. L. Jonas of LaPorte, paid off for first place. K. B. Peters, who won the 17th hole handicap by a nose, with a time of 1 :24, was awarded a fitting prize for his stellar performance. The golf was followed by 1433 N. A. C. A. Bulletin August 15, 1938 refreshments and food in sufficient quantities to enable most of the participants to forget the ball bats, croquet balls and cannon which featured the tournament. For August 23, the Chapter has scheduled a field day, to be held at Christiana Lake. What those attending do —swim, play golf, softball, pitch horseshoes, or chew the rag —will be a matter of personal choice. Arrange- ments are under the direction of Lee Harrer and E. R. Ong. The Board of Directors is pleased to announce that additional territory has been allotted to the South Bend Chapter. LaGrange, Whitley, Allen, Stueben, and DeKalb Counties, all in Indiana, comprise this addition, and several members from this territory have been added to the South Bend Chapter's roster.

SPRINGFIELD Springfield Chapter was represented at this year's Convention by Joe Chadbourne, who has just been elevated to a three -year term on the National Board and graced the head table at the banquet for the first time. Our Vice President, Leonard Donovan, was the other Springfield member present. While the latter didn't particularly distinguish himself in the Golf Tourna- ment, he did turn in the only deuce of the day while rooting along other members of the foursome to the Donaldson Bowl and the Class A low net. We are expecting a complete report of the official and unofficial happenings from this pair at the next Directors' meeting. Bob Mudgett, President - elect, is to spend his vacation in Canada. President "Doug" Dixon is vacationing with his family at Craigville on the Cape. The One Hundred Per Cent Club which is comprised of members who have attended all the meetings, has grown in number this year. The names of the twenty members who will be lionored at the opening meeting in September are as follows: Maurice H. Baitler Otto Halla George D. Roberts George J. Bernard Arthur E. Ingham Daniel C. Trombla Henry F. Burrows Emil O. Krupke Remington H. Warner George R. deLearie Robert M. Mudgett Geo. W. Webster Douglas T. Dixon R. Wm. Mudgett, Jr. Geo. H. Willard W Leonard Donovan Godfrey D. Porter Karl Wilms Nelson H. Foley Chas. T. Powers

SYRACUSE There were no meetings held by Syracuse Chapter during the month of July, but our new Board of Directors held three meetings at the University Club, working out plans for our program for the coming year. Arrange- ments are being made for some very interesting local and out -of -town speakers. A plant visitation at the Columbian Rope Co,, Auburn, N. Y., is being planned for August. Those who attended our visitation at the Dunn & 1434 August 15, 1938 N. A. C. A. Bulletin

McCarthy Plant in Auburn two years ago, will undoubtedly recall the educational benefit derived from the inspection of this plant, and our visitation at Columbian Rope Co. should prove equally as interesting. 'The sixth annual Golf Tournament between Buffalo, Binghamton, Roch- ester and Syracuse Chapters will be held some time during the last week in August. Considerable interest in this tournament has been shown during recent years, and we are expecting a very large participation in the tournament this year.

TOLEDO The dual handicap of vacation periods and perfect summer weather had little effect upon the attendance at our Directors' meeting on July 19, as there were twelve members present. The first of a series of letters by President A. J. Buckenmyer was mailed to members this month. In his initial letter, which was in the form of a bulletin, he outlined the various methods of earning points for the Stevenson and Carter Trophies, suggesting ways in which the members could co- operate to help the Chapter in these competitions. J. Harold Bones, Director of Programs, reported that he has tentatively lined up a number of outstanding men to speak at our future technical sessions. A suggestion was made that we arrange to have a representative from the State of Ohio Unemployment Tax Division and representatives from two of the larger corporations of the city, who are authorities on tax returns, to explain and discuss unemployment insurance.

UTICA While nearly everyone, or so it seems, has been thinking of vacation plans, the Board of Directors of Utica Chapter have been very busy making their plans for what promises to be a most active and successful 1938 -39 season. Under the leadership of our new President, Raymond G. Hall, we have held our regular Directors' meetings twice a month. George W. Seybold, our Director of Program, reports that speakers have already been secured for several of the regular meetings and expects that very shortly he will be able to report that the entire program has been arranged. Utica Chapter feels highly honored in having one of its past presidents, A. D. Ross Fraser, Secretary of Rome Cable Corp., elected a National Director at the recent Convention in Chicago. Congratulations to Ross and to National Headquarters! Claude F. Clark, Director of Membership, has already formulated plans for an intensive drive to secure new members. He assures us that an earnest effort will be made to better last year's record. We have been hearing various reports from several members as to their vacation experiences. Jay Sarles has been bragging about some of the big ones he has caught upon his frequent fishing expeditions. "Art" English and his family have been spending the summer at the Cedar Lake Club. 1435 N. A. C. A. Bulletin August 15, 1938

WASHINGTON Our chapter President - elect, "Bill" Slattery, read the news of the election of the National President in the local paper at Santa Cruz, Cal., where he was attending a convention of the California Association of Postmasters. This firmly establishes Bill's alibi for not attending the Chicago Convention. Bill is suburban- minded and has just recently purchased a Maryland farm to which he and Mrs. Slattery have moved. He says he is considering a name for the place, which is located some thirty miles north of Wash- ington, and has almost decided on the name "Three Creeks." John Mitchell, after enduring several summers of the Washington heat, has finally succumbed and is now enjoying a vacation. Undoubtedly, after many faithful years as chapter Secretary, he finds it quite a relief from spending hot summer evenings writing up minutes of Board meetings. Walter Raymond is batting .500 as a fisherman this summer. After casting for many weary hours on the 4th of July at Deep Creek, Maryland, without any luck, he decided to follow the example of our country's First Citizen and fish in salt water. Recently, on the waters of Chesapeake Bay, Walter and his party landed about 160 fish.

WORCESTER President -elect Bob Wiseman has appointed the newly elected directors to the various positions on the Board. All in all, it looks as if the Worcester Chapter is going to have a fine year. The old and new members of the Board are meeting jointly to prepare for the coming season. On Tuesday, July 19, the directors held an outing, dinner and meeting at the Worcester Country Club. Golf, bowling and other events had been planned but the forty -days rain which has continued to fall on Worcester put the damper on golf. There were no winners in the bowling game, nor losers; in fact, there was no game, the pin -boys having gone home! A rousing game of pitch kept the boys in enjoyable spirits and allowed them to work up a tremendous appetite for the splendid steak dinner which followed. A lengthy Board meeting afterwards kept the directors busy till 9.45 p.m.

1436 August 15, 1938 N. A. C. A. Bulletin

Employment

Man Available Listed below is a short summary of the employment record of one of our members who is now available for employment. A complete file of men is maintained at Headquarters. Upon request, digests of the records of men, available and qualified for the positions to be filled will be furnished employers.

No. 1390 — Controller- Treasurer available. American, married, age 41. C. P. A. and Attorney at Law. Twenty years' outstanding public accounting and private corporation experience in cost and general systems, budgets, taxes, insurance, finance and handling of personnel. Desires a permanent responsible position with representative corporation.

Applications for Membership

The Executive Committee has ruled that the names and addresses of all applicants for membership in the Association shall be published in the Bulletins for two weeks in advance of the date on which they are sent to the Director in charge of Member• ship for approval. The following applications will be forwarded to the Director two weeks from the date of this Bulletin. Comments in regard to these applications which are received from members of the Association during this two weeks' period will be attached to the application before they are forwarded to the Director in charge.

Chicago James M. Blacklidge, Standard Transformer Corp., 1500 No. Halsted St., Chicago, Ill. Sol Reifler, 122 So. Michigan Ave., Chicago, Ill. Cleveland Paul N. Knauff, The Ohio Leather Co., 1052 North State St., Girard, Ohio. Dayton R. R. Mueller, New Idea, Inc., 1st & Sycamore Sts., Coldwater, Ohio. Erie H. I. Sweet, Raymond Mfg. Co., Div. of Associated Spring Corp., Corry, Pa. (Transfer from Elmer E. Gilbertson) Grand Rapids Cyrus B. Newcomb, Jr., 1035 Lake Drive, Grand Rapids, Mich. Houston Charles W. Moehring, Farm Credit Administration, Brazos & Lamar, Houston, Texas. 1437 N. A. C.A.Bulletin August 15, 1938

Newark William H. Miller, Jr., American Tag Co., 113 Sussex Ave., Newark, N. J. New Haven Morgan Blodgett, A. F. Holden Co., 200 Winchester Ave., New Haven, Conn. Theodore F. Lynch, Marlin Firearms Co., Box 304, New Haven, Conn. New York Homer P. Goff, Jr., American Maize Products Co., 100 East 42nd St., New York, N. Y. Charles A. Worden, 9009 -189th St., Hollis, N. Y. Providence George A. Jessop, Taft Peirce Mfg. Co., 32 Mechanic Ave., Woon- socket, R. I. Syracuse Donald R. Park, Spector Genesee Motor Sales, Inc., 717 W. Genesee St., Syracuse, N. Y. Toledo Joseph C. Lauber, Plaskon Co., Inc., 2112 Sylvan Ave., Toledo, Ohio. Robert W. Meyers, 2006 Evansdale Ave., Toledo, Ohio. Washington D. L. Myers, 7141 -8th St., N. W., Washington, D. C. Outside Chapter Territory Roland A. Dansereau, Sullivan Machinery Co., Claremont, N. H. Keith A. Tunks, Kalamazoo (Aust) Ltd., 330 George St., Sydney, Australia.

1438 OFFICIAL N.A.C.A. LAPEL BUTTON

Every member of the Association ought to have an Official Button to wear at Chapter meetings, National gatherings and other business conf erences.

These buttons are a reproduction of the seal of the Association in blue enamel on a gold plate base. They constitute a distinctive emblem —a worthy evidence of your affilia- tion with the N. A. C. A. The price is x$1.50. Orders should be sent to National Headquarters accompanied by remittance.

National Association of Cost Accountants 385 Madison Ave., New York City