University of Mississippi eGrove

Touche Ross Publications Deloitte Collection

1960 We present Anonymous

Follow this and additional works at: https://egrove.olemiss.edu/dl_tr Part of the Accounting Commons, and the Taxation Commons

Recommended Citation Quarterly, Vol. 06, no. 1 (1960, March), p. 40-47

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Our New Associates

Baltimore—Marjorie M. Patterson is Dayton—Douglas Strain, Alfred E. the secretary at our newest office. Fisher, Shelton Sweress and Rust Gray have joined the audit staff. Mr. Strain Boston—Due to rapid expansion in graduated from Ohio State University the Boston Office, several new men in 1956 and served three years as an were added to the staff recently. They Air Force navigator. Mr. Fisher goes are David P. Harris, University of back to OSU for the spring quarter Rochester; Edward J. Harrington, Bos­ to complete his undergraduate work. ton University; Richard A. Farrar, Messrs. Sweress and Gray are recent graduates of OSU and DePauw, re­ Boston University and New England spectively. Nancy L. Stauter is a new College; Roger A. Gould, Boston Uni­ member of the typing staff. versity; James R. Collins, Boston Col­ lege. Robert E. Wanders is working Denver—Gerhart P. Japha, associ­ with the Boston Office on a temporary ated with Fox, Samelson & Company for many years, has been appointed basis while continuing his education manager in the Denver Office. at the Bentley School of Accounting and Finance. Paul R. Fetterolf is in­ Detroit—Gerald A. Murawski, a stu­ terning with this office; he is from the dent at Michigan State University, University of Pennsylvania. is spending his winter term as an intern on the Detroit audit staff. Dallas—Patrick L. Weekley and Seven University of Detroit ac­ James F. Leeper, Jr. became Dallas counting students — Robert E. Dam- Office staff men in October. Mr. Week- aske, Diane C. Kruzman, Joseph J. ley graduated from Howard Payne McSweeney, Eugene J. Mierzejewski, Henry P. Mitchell, Joseph W. Polec College and has done graduate work and Lawrence C. Puchelski—worked at Texas A & M. Mr. Leeper gradu­ on the audit staff here during their ated from Oklahoma University and Christmas vacation and between sem­ also did his graduate work there. Later esters. in February the Dallas Office wel­ Richard A. Patterson joined the comed Gus C. Tramp, a January audit staff on graduation from the graduate of the University of Texas, University of Michigan in January. and James R. Daffron, a January He has an MBA degree. graduate of Southern Methodist Uni­ Lois Coates and Sandra Katz are versity. Mrs. Leona Lowry is the new recent additions to the Detroit typing office bookkeeper at Dallas. department.

40 THE QUARTERLY Houston—Donald E. Mitchell, Uni­ by the Blackmer Pump Com­ versity of Houston, joined the tax pany as assistant to the superin­ staff in December. J. Rolfe Johnson, tendent. a junior at Rice Institute, came on a William D. Power—University of part-time basis in January. Oklahoma. Formerly Manager of the Retail Marketing Depart­ Kansas City—Virgil Brummer of ment, Remington Rand. Kansas State University and Jerry L. J. Donald Volante, New York Uni­ Spotts, University of Kansas, interned versity. Formerly employed by here during January. Marianne Squires Kimball Manufacturing Com­ is the new receptionist and switch­ pany. board operator. Mary Jo Lower and Norma White have returned to the Milwaukee—The new man in the tax typing department after leaves of three department, Robert A. Weninger, has years and three months, respectively. his BBA and LLB degrees from the Los Angeles — John J. Balian, Uni­ University of Wisconsin. versity of Southern California gradu­ ate, joins our tax staff. For the past Minneapolis—New faces here include three years he has been with the Unit­ Mrs. Cherry Allen, who will be in ed States Treasury Department. charge of bookkeeping, and two Uni­ versity, of Minnesota interns, Daryl Daniel Kurily, University of Cali­ Johnson and Dene Rachuy. fornia graduate, came to the audit staff recently. Thomas Gogo, Univer­ New York — Eleven new associates sity of Southern California graduate, recently joined the New York staff. joined this office on February 1. Michael P. DeBlasio — St. Francis College Management Sciences — Six men Roy M. Furmark—Pace College joined the Management Sciences Di­ Arthur H. Heiman—University of vision staff recently. Rochester and Columbia Albert L. Arcus — University of Peter L. Klausner — University of Western Australia, Oxford Uni­ Pennsylvania Thomas I. Marcosson—Union Col­ versity, University of California. lege, New York University His experience includes positions Stuart Newman — City College of in business, industry and govern­ New York ment in Canada, Australia, Arthur J. Radin — Columbia and Japan, Indonesia and England. New York University James R. Bragg, CPA—University Ted Reiss — Brooklyn Polytechnic of Pittsburgh, formerly worked Institute and New York Univer­ for IBM as a sales representative. sity Richard K. Davis—Columbia Uni­ Gerald Rosenfeld — Brooklyn Col­ versity and University of Califor­ lege nia. Formerly employed by Rem­ Frederick Singer—City College of ington Rand Univac Division. New York Charles E. Hancock, Jr.—General Robert W. White—Upsala College Motors Institute and University and Syracuse University of Michigan. Formerly employed Interning for the season are Robert

MARCH 1960 41 J. Batsavage and Sheldon Liberman, staff men in December—Richard S. University of Scranton; Patricia M. Coberly of the University of Washing­ DiSario, Pace College; Melvin S. ton and two interns from Montana Holtzman, Rutgers University; Will­ State University, John C. Bryant and iam F. Lukaswitz, Cornell; Thomas R. Ralph M. O'Brien. In January, Rich­ Maschal, University of Maryland; ard E. Pedersen and Patrick J. Peyton, Frank A. Scudieri, Adelphi College, both students at the University of and Joseph E. Shelley, St. Francis Col­ Washington, reported for part-time lege. duty. Richard W. Farmer joined the Seattle staff in February as a transfer Portland — Ronald Maynard is the from Ross, Touche & Co. in Van­ new Multilith operator here. couver, with whom he had been asso­ ciated for seven years. St. Louis—Welcome to Raymond T. Gusnard, CPA, and Gerald J. Otten. Mr. Gusnard graduated from St. Louis Washington, D. C. — Mrs. Charlotte University, Mr. Otten from the Uni­ S. Myrick joined the Washington Of­ versity of Missouri with a master's de­ fice as bookkeeper. A graduate of the gree in accounting. Strayer Junior College of Finance, Mrs. Myrick formerly worked for the Seattle—This office greeted three new Federal Bureau of Investigation.

More about TRB&S in Denver

The merger with the Denver firm office will probably necessitate a move of Fox, Samelson & Company, which to larger quarters well before the end became effective December 1, 1959, of 1960. was announced in Denver on January 1, 1960. The announcement was timed New Denver Partner to coincide with the change in firm name. Resident partner Arthur Samelson was born in Denver and attended the The Denver Office is unique in that University of Denver. He joined the it occupies a one-story building, locat­ accounting staff of a firm of local ed a short distance from the down­ practitioners in 1935 and became a town area, designed by and built to partner in 1940. Later that firm be­ the specifications of Fox, Samelson & came Fox, Samelson & Company. Mr. Company several years ago. However, Samelson and his wife, Raleigh, have the expanded activities of this new two daughters, Judy and Andra Jo.

42 THE QUARTERLY TRB&S in Service ices, while Floyd R. Parkin went from the audit staff to the tax department. Chicago—Servicemen Glen Hartung and Stanley Holdeman, home for the Christmas holidays, took time to stop Management Sciences — Joseph F. in and greet their many friends in the Buchan, formerly assistant to the Man­ Chicago Office. agement Services Committee, has transferred to the Division of Manage­ John True writes from Fort Meade, ment Sciences where he will establish Maryland that he is now attached to and be in charge of Technical Train­ the Signal Air Defense Engineering ing and Communication. He expects Agency, which does testing and han­ to devote about half of his effort to dles the administration for future air national management services activ­ defense systems. ities.

Dayton — Jerry Wheeler left recently for a six-month tour of active duty. With The Alumni New York — Don Shagrin, presently Chicago — After five years with the away on a six-month tour of duty, will tax department, John Kelley has re­ return to New York April 25, imme­ signed to devote his time to setting up diately following his honeymoon. his own law practice. News has reached us of the success of two former Chicago staff men. Will­ Changes of Scene iam Anderson has now become treas­ Denver — Carleton H. Griffin trans­ urer of The Creamery Package Manu­ ferred from the Detroit Office in De­ facturing Company, while Charles cember to assume his new duties as Beauregard is the new treasurer of head of the tax department. Frank Skil Corporation. Masden of Kansas City, Egil Stigum of New York and Donald Sinsabaugh Dayton — Gene Roberts, formerly of of Dayton transferred to the Denver the audit staff, resigned in December Office to join the audit staff. to accept the position of internal audi­ tor for the Rike-Kumler Co., Dayton, Detroit—Lyman B. Curtis, Grand a newly acquired division of Federated Rapids tax supervisior, transferred to Department Stores, Inc. the Detroit tax staff, while Robert P. Fairman moved from the Detroit tax Detroit—Jack K. Wirth, audit super­ staff to the Grand Rapids Office. visor, left February 29 to accept an appointment on the staff of the Grand Rapids — Philip R. Vanden- treasurer of Continental Aviation and Berge transferred to the Grand Rapids Engineering Corporation, an old and Office from Detroit in November. valued client of the Detroit Office.

Los Angeles—James R. Ashby trans­ Houston — David S. Pitts, supervisor ferred from audit to management serv­ on the Houston staff, left the firm on

MARCH 1960 43 With The Alumni -continued

January 31 to accept a position as Reporter Ellen Harden writes, secretary-treasurer of Dixie Carriers, "Congratulations are in order for Har­ Inc. in Houston. ry Dakin, who recently retired. The news just leaked out that he remarried Kansas City — William M. Smith, this past summer—but he won't give audit senior, left to take a position as us any of the details. Bill Nesbitt was controller of a Kansas City Office in the office recently, too—he looked client, Midwestern Financial Corpora­ fine and is enjoying his leisure, doing tion. Loren E. White, who left the all the things he always wanted to do. audit staff to take a position with a Latest project is rebuilding the percus­ client, has returned to TRB&S. sion chamber of a player piano." An­ Milwaukee—Gerald I. Boyce of the thony Daly of New York wants to tax department left in January to be report a tip he received from Bill for an assistant to the president of Pre- the benefit of readers who may have way, Inc. in Wisconsin Rapids, Wis­ yellow piano keys: Use No. Vz sand­ consin. paper, followed periodically by a mix­ ture of whiting and alcohol. New York—Eugene P. Hagan was re­ cently elected a vice president of Portland — Fifteen staff people gave Worthington Corporation. He will con­ Edward O. White and Bud Smith a tinue as controller, a post he has held farewell party at Edward H. Erick- since 1958. sen's home recently.

Advisory Partner George Bk

George Bailey recently returned from a trip to Africa, India, Malaya and other exotic places. TRB&S in Action

Boston—As a result of two installa­ various members of the faculty and tions of Selective Inventory Manage­ our firm. ment (SIM) now being made by the Boston Office, Donald Keller presided Houston — A staff meeting was held at a meeting on various aspects of in the Houson Office on December 12 this subject for the Boston staff. A to discuss new tax matters and review review of Profitability Accounting was office procedures and firm policies. included, presented by Stanley Hart The following staff personnel present­ and Robert Hall who had attended ed explanations and suggestions in con­ the Profitability Accounting Seminar nection with the subjects mentioned: at the New York Office. Herbert J. Brewer, manager—gen­ eral firm policies and a list of sug­ Chicago—Henry Korff, who has been gested reading material for the staff. serving as personnel manager of the Thomas C. Latter, manager — re­ Chicago Office, was recently made the vision of tax guide for audit staff and administrative manager of that office. suggestions of how he, as a reviewer, Detroit—On December 1 the Detroit would like to have tax matters han­ Office entertained the accounting fac­ dled by audit people. ulty of Michigan State University at Leland C. Pickens, supervisor, Man­ a dinner at the Detroit Athletic Club. agement Services—what management Following dinner a review of experi­ services has to offer and ways of bring­ ences and problems was presented by ing it to the attention of our clients. Mrs. Burta Raborn, Tax Depart­ ment—new Texas Franchise Tax ex­ Active in Freedoms Foundation plained.

FREEDOMS FOUNDATION is a nonpartisan Kansas City—The annual staff meet­ organization of national scope which ing was held December 24 with Mary recognizes articulate contributions to McCann in charge. Discussions were the American way of life as distin­ led by Gary Doupnik, Forest De Hav­ guished from the increasing tendency en, Loren White and Gale Hoffman. toward authoritarianism. George Bailey is a long-time director. Milwaukee — Robert Beyer attended an American Management Association At Valley Forge on February 22, Mr. Seminar on "Marginal Income Con­ Bailey presented an award to Secretary cept" in New York, January 25-27. of the Army Wilbur Brucker. Mr. Jack Schuett also attended an AMA Bailey also presented secondary awards seminar in New York on "Analyzing in the Detroit area. Both occasion re­ Operations for the Application of ceived considerable publicity. Electronic Data Processing." Other directors of the Foundation include Admiral Lewis Strauss, former Minneapolis—Two meetings cover­ chairman of the Atomic Energy Com­ ing insurance were held in the offices mission, and Colonel Willard Rockwell of a client, Charles W. Sexton Com­ of Pittsburgh. pany. Discussions were led by Mr.

45

(continued on next page) early in December the Northern Cali­ TRB&S in Action —continued fornia members of the association at­ Hearle, president, and Mr. Hardell, tended a cost accounting conference executive vice president. at the Sheraton-Palace Hotel in San Francisco which was handled entire­ A series of staff meetings, presided ly by our staff. Dale Bowen acted as over by partners and staff members, chief instructor since the conference covered English, income tax return was intended as a form of seminar; problems, profitability accounting and, he was assisted by Ben Druckerman, for the last meeting, a series of brief Richard Brown, Leo Feltz, and Mal­ presentations covering problems in the colm James." office and working in clients' offices. A second indoctrination and train­ The finale was a skit under the di­ ing seminar was held in the Los An­ rection of Jim Flaa which burlesqued geles Office for the Southern Califor­ a typical audit. It opened in a client's nia group on December 21-23. Dale office where the controller, James Bowen and Jack Heil (Los Angeles) Ascher, and his girl bookkeeper, Del- conducted this program, assisted by wyn E. Olson, patiently awaited the Ben Druckerman and Denis Crane of arrival of the auditors. The scenes the San Francisco staff and James following dramatized the blase behav­ Ashby of the Los Angeles staff. ior of the senior, William Oudal, and the tribulations of the junior, Jerry There are 10 cold storage compa­ Sill, as he attempted to carry on dur­ nies with 17 plants in the northern ing the next month catching errors group and 9 companies with 20 plants that didn't exist, ferreting out a crook in the southern group. by comparing 1959 entries with a 1956 A similar conference under the aus­ journal, etc. pices of the Western Frozen Food Processors Association was held at San Francisco — "The cost program San Jose in November for the benefit currently being promoted by the San of frozen food processors. A general Francisco Office for members of the discussion primarily for operating Pacific States Cold Storage Ware­ managers and controllers opened the housemen's Association in both North­ conference while the rest of the time ern and Southern California has re­ was devoted to a training course in ceived impetus in the last several the application of our uniform system months from a series of conventions for their industry. Dale Bowen and and seminars sponsored by us to in­ Malcolm James represented TRB&S struct association members in our uni­ on the discussion panel, while Denis fied cost accounting system," San Crane conducted the training sessions. Francisco reports. Seattle—Sixteen staff members par­ "The first meeting consisted of our ticipated in the training session on Jan­ participation in the Association's 37th uary 2 which concerned working paper annual convention held at Santa Bar­ preparation, the mechanics of financial bara in October. Wayne Mayhew and statement preparation, and office pro­ Dale Bowen spoke on 'Cost Finding cedures. The session was conducted by Accounting Procedures,' which by Robert B. Hevly and Raymond ended as a two-hour session. Then F. Zoellick.

46 THE QUARTERLY Congratulations to 40 new CPAs

Atlanta Los Angeles Loretto G. Boswell Lawrence E. Baur, Jr. George C. Wright, Jr. Alex Borra Irwin Leach

Boston Milwaukee Donald M. Keller * Benjamin L. Case Francis J. Mazzucotelli *Max Sporer Peter E. Stolz, Jr.

Cleveland New York Frank Break, Jr. * Ronald Segel

Dayton Pittsburgh * James P. Belack E. A. Duff Macbeth * Theodore R. Miller Denver St. Louis *Donald G. Sinsabaugh Eugene J. Schorb

Detroit San Francisco Henry E. Bodman, II Denis Crane *C. James Clemens Edward Dewey * Marie E. Dubke * Robert Faris *John D. Hegarty, Jr. John Gale Daniel J. Kelly Henry Maschal Roger C. Markhus James McComb Gerald A. Polansky * Jerome Vernazza Robert E. Shelton Joseph Wood David J. Vander Broek * Richard T. Walsh Seattle Stanley M. Bray Grand Rapids Guy C. Pinkerton Harry G. Widener, Jr. * Richard E. Herrinton Raymond F. Zoellick

* Passed on first attempt. NOTE: New York's David Hills and Edward A. Valenti, who were listed in the December Quarterly, also passed on the first attempt.

MARCH 1960 47