WOME'
Good P031t1ons Held by
the Sex and at Least
Three Financial In-
stitutions Are Run
Entirely by \Vo‘men
and Do We'll
Business Women’ s Maxims.
1 Think!
2 Know what is going on in your
office, vour town. your world. There
are things more important than your
new coat, though that has its own im-
portancc.
3 Never look for trouble. People
no not going round trying to offend
you The chances are that they are
not thinking of you at all.
4. Remind them you are there.
5_ Do not regard business as some
Ilark mystery which only your chief
can understand. You understand a
III-eat many things he does not know
about and you might be able to learn
the mysterlel of his buliness as well as
h.- did.
6_ Forget that you are a woman,
.l-lCi other; will do so also.
By TORREY FORD.
\ l'IIITIZN )'t'.ll‘.~‘ 3;."- tllv‘h' lll’i\' luv"
r . l I-n r1 few bunks ill Vhe country
‘ 3‘ .\l:‘l w-imv‘n Mn the ot'l‘iI-iJl r04 at
1. . -' \.~'~‘ lilii iiiI-s-V imnlis iilIlH't bills:
i‘liillliliv‘ Int‘i'iI'IJls. ’l‘llI-I‘ felt. (in
"l-" that i'. was just is wwll nut to
_, . m :uln- g'l'rilI'In in the fact that
.‘ .'IIInt inn.» l""»ll"ll men in fill up ”1'
, .lI I. ~~,:i-Il c, ’i‘hwrw \\ is 1-.11lII-1‘ .111
l 'I ll“ .lliI'Il ilI' lllillt; tlm‘ fining».-
I I“ I" 44111--
in yIIII mic-ill 2 I\'-- i‘l hunt out some
. .1 in full .'I in 43M“ 4 Inni; :l:.1t
I \\ Imin 111.4111: lll'lilil‘n.’ lithitlin
. I.I.II.I I-l llllf' us .‘JII: only ll'lV“
. :Ir'll IIII'I I'--Il “.1 ill tln- -\" I :nI- stum-
, -I .l .i l-‘va-m i111 i. lllv‘NSt‘WLfi'i’ i. hum
,II wivli thI‘rI' isn't :I lmSiliUll 11: thu firmn-
1' Pull that but lniru lll‘ltl by .i n'nmln.
' ~l'w .’ii‘v r-VI‘i‘I luliilis~ lll l" Isl Hil‘I'I- Iil' [hf-n]
"i I-‘(I'llisivI-ly by women Without (-\r-n a,
II.I.II;l:ne writt‘hnmn guarding thc vaults.
l 'l‘l .lunv thirty women rcprcscnting finan-
(in institutions from only eight Slates mot
lII I'lI".\t‘llliIl t'or “'llfll pll)\'\tl ll) be the
I‘ll“ .-1tt<mptntunn1imiig1thrilng of bunk-
.wtnIn. in October of 19"0 the Ame l-
lJl'tikf-i‘s Association “as illldrpSSOtl by
for the first time :it its annual
II'V‘\‘('illl0ll in \Vnfliington. Two years he—
fill" that a woman bunker addressed the
.‘.’»-\-.- .lri'scy association.
in breaking in on the financial world thr-
txurnnn had to overcome the prcjuciivc nr‘vl
1.11s; of years of nstrncism. l-‘inunce has been
pmmlrally ihw inst profession to lvt down
l‘lr‘. bars and admit Women on something
in ~t nppronchcd equal terms. For generations
in.» stnntlpuiicrs have held firmly to the
belief that though women might succeed at
mr-‘ilcinc, at law and in business they were
111.;
I |Yl
n u -mi:1n
out of their rcnlm when it came to discuss-
ing financial matters. Probably if it hadn't
l.I-.111 for the war women would still be out-
3.1» III» banking: doors except in a few
lat-w] instances,
Who Started Old Wheeze
That Women Couldn't Add Figures?
i' is difficult to explain just why the “0'
him persisted that woman had no “head for
lSQr.
flullrt‘fi.” The cartoonists iln'l humorists are
partly to blame. Take away the old adage
thit a woman can't add up 11 column of
figures correctly and you rob the profesi
ni-uml filmmakers of one of their favorite
lax-es. How often—in the funny papers——
1.111 soc 11 wire puzzling over her check book
until finally the husband comes to the
i~I=(‘ilQ and smooths out the wrinkles with
1 few quick strokes of the pen. Yet in real
lire—we are violating no confidence in aa-
miiting—thcre is an occasional husband
who looks to his spouse to keep things ac-
mrJing to Hoer in the fatally exchequer.
Then there was an old superstition that
women didn't trust women in banks. It was
s «'1 i, on what passed for high authority, that
wn'h :1 woman teller women patrons of the
l\]l‘llI’fiI stopped and counted their money be-
in!“ lcaring the window, but that with a man
li.lllllil‘i,9,’ out the bills women would take it
fur granted that the sum was correct and
unit it in their pocketbooks without so
mph as giving it a glance. Just how
Melt" an authority was responsible for
:M: observation may be judged by the cur-
ut popularity of feminine heads for the
.I Irncn '11 departments.
The establishment of trust funds and
‘llCllll restricting clauses in wills have
i no much to keep finance a closed book to
It has been taken for granted that
V‘ l'lli‘ll.
:m woman, intelligent as she might be in
.I‘t."7l‘ ways. had common sense enough to
meet money that might be left: to her cr
1 no anything to do with the funds other
Il'l to draw dividends at stated intervals.
l'l the average household to-day the’
- Itirlll does the most of the banking. She
most of the bills, draWS most of the
WM mid banks the checks. Especially
‘:.I commuter towns. where the man is
I -. ll Iluring banking hours, it falls to the
”man to carry on most of the actual KE-
:litms with the bank. Yet for years we
{tone on believing that women were
. 'Ilc-ss in monetary matters.
I’lu- nowlists and dramatists like to insist
.- no woman knows the value of a dollar.
‘- . mung to the accepted custOm of litera-
' it is always the extravagant wife.
"\vr the extravagant husband. It is the
wm- who runs up the bills. spends all the
l03ll§" cnsh and then flops in a. heap to
“"P mat her tale of woe to her outraged
' IIelInnd.
II‘ consulted, the clerks in the stores might
“Lu/i some light on this situation that WOUId
‘1 ”fur from the story as we know it. They
.‘I IIIIJ tell you that the average man never
Wl the price of a suit until he has given
in! address and is about to leave the store.
nhile a woman never selects anything until '
she knOWS the actual selling price, the
iwli‘llnal price before it was marked down
and the chances of any further reductions.
Find the waiter, the porter, the bellhpl’
“ho wouldn't rather be tipped by E man‘
than by the most "extravagant"‘woman on
"I" rIremlses. Of course, the average woman
In 1y not know the value of a dollhr but like
At left is Mrs.
At right is Mrs.
Below is Miss
Clara F. Porter.
'© uvpt'zwv‘Ofi 1‘-
uwaalvvvofi
has a pretty fair idea of thr- (lifi’crcnce be.
tween twenty—five cents and :1 half dollar.
As We may have hinted, there were. one
or two hazards of prejudice and superstition
tlint the women had to hurdle bciorc they
could step into the prochSionai banking
business and have the. world in general take
any notice of their arrival. Except for the
stcnographcrs and t‘clcphone operators.
women went into the bank only to cash their
husband's chucks. Then came the war and
things began to happen fast.
An Army of Women Clerks
Now Employed by the Bunk:
When England went into it she“ had 18!:
than 10 000 women setxing in minor CEEICL
tics in the banks. Two years ago this ”We
had jumped to 50,000. “'ith our own an-
trance into the war it was estimated that an
army of 20,000 women invaded the wall
Street banks. If anything, this estimate
was conservative. The Federal Reserve
Bank of New York had 450 women. the
Guaranty Trust Company had almost as
many and the Bankers Trust Company 350.
At first this was treated just as a freak of
the war, to be accepted goodnaturedly along
with the women street car conductors and
the farmerettes. No one thought for a. mo-
ment that it was possible for the women to
hold down successfully the Jobs that had
been held by men. No bank clerk visioned
the day when he would have to report to a
feminine boss. No board of directors con-
sidcred seriously the prospec: of having any
peiiicoats in the board meeting room.
But the woman bank 01mm came in
metropolitan circles almost before the bank-
ers had accustomed themselves to seeing
Women around the place. The woman bank”
official came not. for the war or just to
bridge over a. temporary emergency. She
came to stay.
After serving only six months with the
United States Mortgage and Trust Company
Mrs Nathalie Schenck Laimbeer, a. prom-
inent. society woman, was made an assistant
secretary of the company. This placed Hrs.
Lalmbeer at the head of the women's do-
partments of the various branches of the
bank. making her duties the sauna as those
Kev Cammack. assista
Nathalie Schenck Laimb
AS BANKERS ATTAIN HIV
‘
om" -. ~
—9f any junior officer. Mrs. Laimbcer was
the first woman over invited to address the
American Bankers Association.
In speaking on the women's department
in a. trust company before the annual con-
:zlndtion on October 20,1920 Mrs. Laimbeer
“While the war stimulated the earning
capacities of women it 111111.011 the other
hand. the effect of depriving many of the
asSIstance of husbands. brothers or outer
male relatives in the handling of their finan-
cial affairs. They could no longer be de-
pendent upon the men of their family in
this respect. They frequently had to make
banking arrangements, not only for them-
selves but for their family also. This has
left its permanent mark. Women who have
participated in taking route of financial in-
terests are not likely to relinquish them.
. ie‘nce.
_ H PLACES OF TRUS‘
Many Shining Examples in Big Busmess
nt secretary of the New York Trust Company since 1918 and now in charge of bank extension work.
eer. widely known in society and prominent in the United States
assistant secretary of the Guaranty Trust Company.
Mortgage and Trust Company.
\ -
c
(Q Viral?!) xix-a ,
it tween/sea
and they dmxhilrss are finding that men
welcome rather than oppose this develop-
meni.
“My work in the department of which
i hove charge has giten me the feeling that
the part women play in trust company busi-
ness is now only in its first stages. and that
this work will demand expansion on such a
scale as will permeate the company 2; work
quite be} out] the confines of a women's re-
ception room or the separate teller's win-
dow. I have seen wonderful opportunities.
particularly in. this matter of new business.
for developing woman's sphere in trust com-
panies' activities.
"I have come to look upon women in the
trust company as serving the part of liaison
officers who act as a connecting link be-
tween the bank and its customers, not only
women but men."
Miss Clara F. Porter was made an assist-
ant secretary of the Guaranty Trust Com~
pany after serving less than two years with
the company. Miss Porter 3 a graduate of
Smith. class of 1906. After teaching school
for a. brief period in Montclair she became
associated with the Edison Company. Later
she was the editor of a public service maga-
zine. In 1917 she joined the bond depart-
ment of the Guaranty Trust Company and
for a year and a half served in the corre—
spondence bureau. Since January, 1919.
Missd’orter has been a member of the New
York city sales force.
_Mrs. Key Cammack. Author,
New Advises About Incomes
Mrs. Key Cammack has been an assistant
secretary of the New York Trust Company
since the opening of its Fifth avenue office
in November. 1918. Mrs. Camrnack has been
given the opportunity to put into practice
her ideas of assisting people to a definite
income arrangement. including the training
of Juniors in the first handling of an allow-
ance. Her bank extension work embraces
addressing clubs, schools and public gath-
cringe.
Before accepting her position with the
New York Trust Company Mrs. Cammack
had had almost no practical banking experi-
During the war she washout! of the
g
Luxurious SmOking Club for‘Wornen a Great-Success
New YORK, Saturday.
‘ -~ NTER Lady Nicotine. Now she has the
1—4 nickname “Lady Nic" and she is rep-
J, J resented by two attractive‘vand clover
young women, who through their knowledge
of the tastes of the fashionable and artistic
members of the fair sex have startled little
old New York ind the male populace who
have long bragged abouktheir smokers.
They have opened a fascinating shop deal-
ing exclusively with women's smoking nov 11-
ties, tobacco, cigarettes, pipes, smoking
bags which any man would mistake for a
hand bag. and a. lounge where women ore’
welcome to sink into deep chairs and
couches and smoke to their heart“: delight,
feeling almost the seclusion of a print»
boudoir.
From the hours of 4 to 6 the woman
smoker is welcome to "come in and chat”
with her friends. or with \he founders of
this novelty, Mrs. Ethel H, Cassidy and
Mia Harriet B. Douglas. Mrs. Douglas,
though not a. smoker herself, and a dignified
and attractive woman with white hair, vies
with her daughter. Miss Douglas, and M11.
Caseidy in popularity. Mrs. Douglas when
she has served tea to the molten! engages
the customers in pleasant talk. and many
of them have returned to renew their pim-
are in bar conversation.
-.place for "She-whoobas-
not-learned.” "K‘entree t9 the dainty tea.
party is a. package of cigarettes or any
make from the cheapest to that. most ex-
pensive. The woman who desires to stay to
tea. and 5011i in the discussion ‘of bridge.
styles and smoking tastes, much as our men
have dropped into their club to smoke e
cigarette or a cigar and settle among them-
selves all the political and market problems
of this country and others. must have no
scrnples about buying cigarettes and smok-
ing them.
Though the shop has been in existence
but six weeks it has proved beyond a doubt
that women have taken up “the smoking
fad" in earnest, and that smoking women
will no longer be looked upon as out of the
ordinary. The Woman-who-has-not-learned
will soon be regarded by both sexes as the
man who does not smoke is regarded by his
fellow men. _ .
Of course. being women. they are extreme-
ly temperamental in their tastes, be it
cigarettes. cigarette holders or cigarette
boxes and cases. Some inventive minds
have been-at work on this problem. hair.
Bohemia, England and France have con-
tributed most wonderful cigarette cases from
the more severely plain style to jewel
studded. Every conceiv‘a‘ble style of eisalb
cite holder in every possible coir!!! which
a gown could be fashioned are in the show-
cases. It is a. fact that the modern woman
smoker likes to have her holder match her
evening gown or her street costume, and
clever manufacturers have met this demand.
There they lie on the shelvw, in amber, jade.
ivory, gold or diver trimmed. and novelty
glass in plain and cloudy colors, 3. display
which sorely tempt: the heart and the
pocketbook of woman.» Collapsible holders. '
too. are hidden in their tortoisesbal and
enan'xeled covers ready for attachment to a
chain to hang about (air woman’s neck-
The mt exclusive products of 01-111: uni
Dunhlll grace the shelves and "Lady Wile"
claims the honor of being the first to have
women's Dunhill things, because it'is the
Copyright." 1922. by The Ne’v fork Henna.
first place in this country which has opened
its doors to cater to women.
Now, smoking and powdering one’s '339
80 .etty much hand in hand. and some-
body has had that in mind. Mllady can
match her cigarette case with a powder
puff case if her temperament demands. 4
Leather tightwads for bills, match holders
and cigarette cases, ‘matchlng in leatAar
and color. are found in a corner of a shelf.
In fact. about everything conceivable in the
line of smoking novelties are there.
The cigarette cabinet. contains a wealth 1:!" 'You' vs a. very attractive place hue."
tobacco. From all over the world the popu-
lar brands have been gathered together.
No longer does a woman have to enter 3
sho where critical man waits upon her
an smiles amusedly at her choice. Here
she can cater to the most. extreme taste
without tearing criticism or ridicule. ,
lost popular at this moment is a brand
which has a colored tip in almost every
color a. woman could possibly desire, and
the cigarette holders to match.
There are three other things which are
very close‘to Miiady. They are candy. per-
fume and cards. "Here “lady Nic‘LJ‘s pre-
pared as she is in the smoking novdties.
The candies are in the most bewltching
boxes.» Some are of copper with Viennese
enamel work. And tucked away on a table
are the small vials of perfume. a. drop-f
which when placed upon, a cigarette immo-
dhtdy perftmes it and when the cigarette
is W the delightful aroma. fills the 1-0 ml.
‘ One at the first customers was a young.
girl not :*re than 14 Who flosirej a
W holder. Whether if is the belief
.01. he mg girls of this generation that
tbeyovm begin to smoke young or not, the
<’
' /
brands of Russian cigarettes which are
made for children are on sale in the about
but the queer part of it is that the Older
women buy those tiny children's cigarettes,
while Young Miss Today smokes the long-
est cigarette she can obtain.
A lone mun in search of a. particular
shop entered "Lady Nic’ 5" door. Cigarettes
had made him feel' at home. “Can you di-
rect me to 121—?" he asked. His infor-
mation gained he turned to leave. add' 113'
over his shoulder as he closed the door,
But
(some men come to buy_ regularly though
they do not stop for a. comfortable smoke
and tea for fear they would be as lost a:
would be women at on of their smokers.
No one yet has smoked a pipe in the
shop. Women have entered and admiwd
- and purchased the pipes which so popu-
lar abroad, and the tobacco. an the nav-
elty- pouches, but they have not filled and
smoked. They admit. though, to smokint
the pipe in the privacy of their boudolr.
Just why has woman hesitated to appear
in public with her pipe? They are fasci-
noting little things—those pipes! They
hold only a third of the amount of tobacm
thatihe man’ a sturdy brlar holds. Can they
be shy, these women of to-day? .
But. Miss Douglas has picked out her
pipe’and will-smoke,“ in‘h’he shop just as
.soon as the rush wears 03 to a. steady flow
of pan-one, and she has time to steal from
work to enjoy a moment of relaxation an a
few puns of smoke. so the Ice will shortly
be broken am; women will gradually come
out from their boudoirs and appear in pub-
11.. with their little “Prince of Wales" and
other style pipes.
War Brought Vast
Number of Feminine.
,V'Vorkers Into Hither-I
to Uninvaded F ield—v‘
,Many of Them Made
Good and Stayed "
Art “:3,- Relief Surgical Work headquar tor.
at 661 Fifth avenue. an organization of
:- ninters. writers and sculptors. Prcx ions to V
, the war she had written a number of short
siories and articles and had published :1 book
for children.
Dotted about New York to- day ihmo
so man} women bank officials that it i
at all possible to take a complete rinsuln
Miss \irginia D. H. Furman is an exvmtivo
with the Columbia Trust Compan,‘ V‘s!
Me. issa Smith is an assistant secretan nith
a must compam. Mrs George I mmer
Dance Who has been for some tirnn with
lbs Bier-ion State Bank is now in the bond
del‘al'lmp‘it of Bif'elow & Co. Mis.~~ Martha.
0.119 is manager of the women's depart-1
ment or the Bank or the United Slat!“ Miss
31.111111 lit norm: is with the Union Trust
Compnn) .\Iw York in the worn ”1‘5 de-
31-11 immit
Mam .\I‘w lurk women who have Iliosen
.ina uial cart-mm: lune associated tilt in he!
0f
.’il‘ll lmnIl houses and banking firms- Mrs.
In I ‘1 llris is with Bond Bright R; I II Miss
..li\r lint-I: 4071 is with Brumlcirh "ham-
lIrii.I & i «1.
Perhaps Tim mn"1 rcccni addition to tho
Innlw of Nr‘lk‘ Vnrk women ilnant‘irr is Miss
Altxn Furl-n: of Atlanta, Ga. l'ni‘l‘. the
I'e‘II {all llixx Stirling never moved \‘Irv Tar
.'Iwnv from ::->‘f course. She \\ 1- live
lino-s “0mm. Quit” champion of tho "rated
Stn'cs mid m. nmnaliy she nn'ww.) ‘he
'(‘alriitli-Ili (‘l‘r'WrL Now Miss $2117.11: 1.: a
l.I-1v". salcswnmnn and is making ‘13 future
thins for golf championships.
Alibi“ Adele ll. Kirby is assistant sow
Mary
:‘nri llr‘a\lii‘v-l‘ of the Plainfielrl TY“le 111m-
inm‘. l’lflll‘fjf’ld. N. J. Miss Kirby (lf’ii‘IPTGd
:m :IIlIircr‘s a‘ the annual (‘fii'll't‘..liriz If the
New Jersey Rxwltcrs Asso«_-iniion imil at
Atlantic l‘iiy in 1918.
ll is litiosour‘)‘ tn got outside It. New
\ork to find Women hank P"'~"Il nts.
in ll.» .‘(iiitli and \Tt-St women Lave
lm n in the banking “'Ol'ltl {or scvcrnl \ cars.
As early as itIl'.’ there were crouch Women
bank officials in Texas to warrant the for-
mation of the TI xas Women Banlxcis Asso-
I- lotion. A {on \cars ago iiiinuis. lnwa 3.11;!
Kansas had more women bankers than any
of the other States.
The first Woman official in Atlanta was
Miss Jay Spencer Knapp. who hind been.
connected with the Lowry National Bank for
seventeen years. She was made assistant.
cashier. In Indianapolis Miss Grace Jacki:
son worked up from stenographer to cashier,
in the May-or Kiser Bank. In 19“ 811C \
was elected to the vice—presidency. Mm.
Jeannie Kafka was elected a member of I!!!
board of directors of the Citizens Savlnzif
Bank of Washington, D. 0.. in rec-0311i
of her successful commercial career i
As far as the available records go,
fix st bank in the country to be foundeden
run exclusively by women In the
Women's Bank of Tennessee, at Clarksvfil
Tenn. It was founcféfi by nine women i.
opened its doors to the public on October
39.19 The first day's deposits amounted
$20. 000, which exceeded the captmlmtton
$5. 000. The Chemical National Bank fl kg
. it
New York correspondent.
Women’ 5 Bank in Tennessee
. Has a Woman PM
Mrs F. J. Runyon. the wife of a '
inent Clarkeville DhySicmn. h the prefidels
and was one of the leading figures in found
ing the bank. During the war Hrs. Bung
was active in various Watkins.
the close of the war she looked mantra
something more to do. She consulted with‘
the president of one of the local banks.
“Why don’t you start a bank!" imam
the official. f.
"All right," said Mrs. Runyon. '80::
you start a bank?“
Apparently the banker must have told
all about the game. for in abort order
Runyon had a group of women mm
and ready to go ahead with the project.
capital stock was an subscribed and
banle organized before the public
through a local newspaper that (m:
was to have a first Women’s bank in
nessee. Mrs. Matt Lyle, the wife of on
torney. was elected cashier and
Elder was the first vice-Mt. ‘
The annual statement at the end or ‘
first year showed that the tank was
a thriving business. Among the bank‘s
towers there was a fair proportion at
The bank does an extensive baby I:
in the savings department. In. R
inaugurated the practice of sending a.
to each new born child In the community.
The letter ran as follows:
“Dun Lmu; Cam:
"You are beginning life just as we are,
so we are writing you this letter to I”
that we think it would be a Wide: 3::
you to start a savings account with
First Women’s Bank in Team—tn
the first women' 3 bank in the United Sta
Then when you get grown up and we
grown up you will have a nice account
start your grown- -up life with. for we
pay you three per cent. on an the
yen put in that department of the bank."
The First National Bank of
D. is operated entirely by wanen, alt
whether or not it was founded by women
not written down on the records.” The
celebrated its twentieth annivemry in
Miss 11.0. Movlus is the president. at
Agnes J. Olsen is the cashier.
The Industrial Saving! Gallic W
at St. Louis is run for women mm
The entire office force is composed «Km. woman,
and it. is the boast of the om
even women scrub the floors. can Bimb-
man serves as its president. .
‘Iowa's first woman savings bank m:
was Mrs. Teressa McElhonny W.
She was elected president at the
Savings Bank at Waterloo, lot;
In figuring e number at m
Madam-tinting:
1
”.3
iii:
.ll
l
have risen to
1113 business in the short space of time that
they have been in the new it and! to
member that all of the then who have
into finance have not then to the top.
and there a man is still Ila-sli- over
ledger who has been perched on the 21%
stool for a score or no of you: ‘
Finance may be a man'- .
isn’t going to take another to
that a woman can play finest-e100. '.
\
Norwalk Chronicler