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LExington 2-7900 Officers • • . President H . P a r k e r R ea de r N e w Y o r k C r e d it M Cannon Mills, Inc. First Vice-President en s A s s o c ia t io n AFFILIATED WITH THE NATIONAL ASSOCIATIO N OF CREDIT MEN L . D . D tjncan National Distillers Products Corp. Vice-President 354 FOURTH AVENUE F . J . 0 ’C O N N O i H . A . Caesar db Co. NEW YORK 10, N. Y. Vice-President F. W . Z a n d e r O R G A N IZ E D 18 08 United States Plywood Corp. Vice-President January 26, 194-9 R . G. W oo d b u r y Textile Banking Co. Treasurer E . W . M o o n , Jr . Otis Elevator Co. Executive Manager and Secretary M o r t im e r J. D a v i s Assistant Secretary B arrett R . Ta n n e r loard of Directors •. • D a v id V . A u s t i n Manufacturers Trust Co. J o h n J. B u r e s Celanese Corporation of America Secretary Board of Governors Federal Reserve Board Washington 25, D. C. A . L . C arr National Surety Corp. Dear Sir: L o u is D b B a u n Westinghouse Electric Supply Co. L . H . D e V r ie s McCampbeU <& Company W il l ia m R . D u n n General Foods Corp. W il l ia m F . E gelho fer Henry Glass Co. N a s h S . E l d r id g e We are returning the glossy print of Marriner S. Eccles which you were good enough to loan us for our publicity in connection with his address before the 54th Annual Meeting and Banquet of the New York Credit Men’s Associa tion. Ames Textile Corp. E a r l N . F e l io Colgate-Palmolive-Peet Co. Thank you for your courtesy. D i x o n B . G r is w o l d McCann-Erickson, Inc. Cordially, J. S t a n l e y G r oss Alexander S. Gross db Bro., Inc. Ch a r l e s A . J o h n s o n American Steel db Wire Co. M is s M a r io n E . K in o Hudnut Sales Co., Inc. T . H . K l e in e Hilo Tarnish Corp. J. C. L y n c h Pacific Coast Borax Co. R ic h a r d E . M c C o r m ic k William Iselin db Co. C. A . M a g u ir e Francis H . Leggett db Company R ob e rt B . M a t t h e w s John P . Maguire db Co., Inc. A . Jam es M il l Mill Factors Corp. B . P . SO H O E N F E IN The Public National Bank db Trust Co. A . J. S m i t h J. P . Stevens db Co. Inc. R o b e rt L . S t o l l b e r g Southeastern Cottons, Je r o m e Inc. A. Thirst Central Hanover Bank db Trust Co. C. T . W o l f f Gulf Oil Corp. E a r l N . F e l io NACM Director and Councillor G erdes & M o n tg o m e r y Counsel VICTOR A. LISTON Public Relations Director