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3 3 0 M W. 4 2 ì « P EI W S T R E E T V O R K TELEPHONE B R Y A N T C I T Y 9-6055 January 23, 1946 CHAIRMAN OF THE BOARD W I L L I A M L. BATT PRESIDENT SKF INDUSTRIES, VICE INC., PHILADELPHIA, CHAIRMAN OF THE PA. BOARD THOMAS ROY JONES PRESIDENT AMERICAN CHAI.RMAN TYPE OF FOUNDERS, EXECUTIVE INC. COMMITTEE KEITH S. M c H U G H VICE PRESIDENT AMERICAN TELEPHONE AND TELEGRAPH CHAIRMAN FINANCE COMPAN OF Gentlemen: COMMITTEE HAROLD V. COES VICE FORD, PRESIDENT BACON & DAVIS, INC. TREASURER JAMES L . M A D D E N THIRD VICE METROPOLITAN Board of Governors Federal Reserve Bank Washington, D. C. LIFE PRESIDENT INSURANCE COMPANY SECRETARY HENRY J . HOWLETT ASSISTANT We should be g r a t e f u l to you i f you would send to us the statement which Mr. Mariner fifed: S . I c c l e s , Chairman of the Board of Governors of the Federal Reserve Bank, made l a s t week on the subject of i n f l a t i o n , when ordering 100 per cent coverage on the purchase of stocks and shares. SECRETARY JAMES 0 . RICE Tery truly yours, VICE PRESIDENTS OF IN ilbcU CHARGE DIVISIONS FINANCE AND ACCOUNTS Ernest Dale DR. JULES I . BOGEN EDITOR T H E J O U R N A L OF COMMERCE INSURANCE I. M. CARPENTER MANAGER, INSURANCE DEPARTMENT EBASCO SERVICES, INC. MARKETING A. A. STAMBAUGH VICE PRESIDENT STANDARD OIL OFFICE COMPANY MANAGEMENT I. O. ROYSE GENERAL OFFICE MANAGER RALSTON PURINA COMPANY PACKAGING ALBERT W. LUHRS PRESIDENT CONTAINER TESTING LABORATORIES PERSONNEL GUY B. ARTHUR, JR. VICE PRESIDENT AND DIRECTOR T H E AMERICAN THREAD COMPANY PRODUCTION L . C. H I L L WORKS MANAGER EAGLE PENCIL COMPANY ED/cew
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