Gem City Business College - Yearbook (Quincy, IL)

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'M 1- 'vm 5 -it ' s ' -as .-'lfiunx ' 'lm 1 'Ag 1 t Q 1. .. 'ff m,,i1:.t' Q S' lm ' 'fs ---.. -.,,, 1 s 4 --,xx i ,Q I .. 'Wi Hulk. wi ,- A ..-., in i. Jr.. x . ,, 1 Fw . ., 1. n 2' xgx -. .. Mr .wx W -.. ' 1 . V I Jr - Z 5- fm ,H . 'sf' If vw l ..rf'!55' V241 . .' M . . NYY ' ' Y T'-.ul-Z, ' ' 'HN - I wi I-. qv'-oo-mil. , ----.wa : :...?r' Ii jg' --n A-4.3.41 'f ltfzffxg 13 'Duff rim vi. sw .ye F, WF Hilo- -A nv. . I V. hiI'If ... . Q-,gb .. .1 hz.. Ia' ' .,'Q.n+-vp f .. .1 nada. E a gt 'TTDFV 'f nf 9' ,R 1. --' .I nl f' af il s ..,y,lf- 7.15, .1 ,ig L 5 ' It 3 GEM CITY BUSINESS COLLEGE, QUINCY, ILLINOIS' IQ makes it possible for them to accomplish more in a given time than if they did not have this training. Many persons expecting to go to some university find that the business course of this institution gives them a fundamental drill that is very valuable in their later work. Many others insist on shorthand and typing, for they know that this is invaluable in taking notes and should anything go wrong with their academic course, it will give them a sure job. It is a known fact that many large corporations give preference to the person who has had stenographic training. CIVIL SERVICE Veterans should consider the possibilities of government employment under the United States C1v1l Service Act. In addition to the many ad- vantages of Federal employment the veteran has the advantage of a five percent credit added to his exam1nat1on,,while if he is a disabled veteran he is given a credit of ten percent. As the eligibility list is made on a percentage basis, this added credit gives the veteran a distinct advantage over the civilian worker. COURSES OFFERED VETERANS OF WORLD WAR II To meet the different requirements of returned veterans, we offer the following courses which have been approved by the Veterans Administration for veterans under both Public Law 346 and 16. C11 Business course-fifty-two weeks Mathematics A frapid calculationb, mathe- matics B, business organization, commercial law, bookkeeping and elementary accounting, actual business-bookkeeping laboratory, office ma- chines, business English and letter writing, spell- ing and word drill, penmanship. C21 Business course with typing-sixty weeks Full business course as listed above. In con- nection with the business course, the student is given typing instruction, first one period a day and later two periods until the knowledge of the keyboard and the typing speed is sufficient to meet requirements of a bookkeeper-typist position. FREE SCHOLARSHIPS AND The Gem City Business College is a member of the National Association of Accredited Commercial Schools, the National Council of Business Schools, and of the Illinois Association of Commercial Schools. These organizations have definite stand- ards of practice which their members must agree to follow. Unfair inducements in the way of guaran- teeing positions and offers of free scholarships are not tolerated by the members of these organizations. The following notice from the National Council of Business Schools explains the attitude of ethical schools. The board of directors of the Council at the Chicago conference, November 28-30, 1946, unani- mously voted to amend the STANDARDS OF PRACTICE, Part V CEthicsJ, Section 4 CScholar- shipsl, so as to read as follows: Because the awarding of unfunded, part, or work-scholarships creates friction and misunder- standing among schools, and because the private business school must depend upon receipts to meet C31 Stenographic course-fifty-two weeks Spelling, business English and letter writing, shorthand theory, introductory typing, advanced shorthand theory, introductory dictation C70 and 80 wordb, advanced dictation C90, 100 and 125 wordj, advanced typing, office practice, mimeo- graphing, office machines, filing. C41 Secretarial course-seventy-six weeks Spelling, bookkeeping and accounting Cfirst nine setsb, mathematics A Crapid calculationj, penmanship, business English and letter writing, introductory shorthand Cshorthand theory, in- troductory typing, advanced shorthand theory, 70 and 80 Word dictationj, filing, advanced short- hand C90, 100 and 125 word dictation, office practice and mimeographingl, office machines, advanced typing. I ' CSD Higher accounting-seventy-two weeks Spelling, penmanship, constructive accounting, advanced accounting, Vol. I, advanced account- ing, Vol. II, cost accounting, American business law, four volumes. C65 Business course with higher accounting- one hundred twenty-four weeks This course consists of the- entire business course and the complete higher accounting course as listed above. C75 General Motors accounting-four weeks This course covers all transactions connected with garage and automobile sales operations in- cluding shop records, parts inventories, used car records, salesmen's commissions, recovered cars and all other records necessary for an accurate cost accounting and record system. C85 Stenotype-fifty-two weeks Spelling, business English, stenotype keyboard and its technique, introductory typing, intro- ductory dictation C70, 80, and 90 wordj, ad- vanced dictation C100, 125, and 150 wordl, ad- vanced typing, filing, office practice and mimeo- graphing, office machines. E For a complete description of the above courses, consult the following pages: I GUARANTEEING POSITIONS operating expenses, the issuing of such scholarships in any ,form is forbidden. Any school violating this requirement shall be dropped from membership of the Council as provided in Article III, Section 4 of the Constitution of the Council. The entire cost of operating a private school comes from tuition receipts. Any school, therefore, that deviates from its published tuition rate either C13 requires that certain of its patrons shall pay more than a just proportion of the cost of the educational services received, or C25 tends to depreciate the quality of the educational services rendered. The practice of cutting rates or prices is frowned upon in business as bad ethics. It is equally frowned upon as bad ethics in business education. We subscribe to these rules of practice and neither cut prices nor offer free scholarships to anyone. We give full value for the tuition received and each student knows that he is paying the same tuition rates as every other student.

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18 GEM clrv BUSINESS col.l.EoE, QUINCY, ILLINOIS GEM cmr RENDERS OUTSTANDING TRAINING ix?-In PLACEMENT TO wolun wAR II VETERANS W ssss X . .. . .... .... . ,... . -il I ' 'f ,A,, . . Q or-1 -','.' ,, A.-'f-defy-14.Wea.-.,.e,x4a:ew-.dye-sy me-1-1,1--:-:--n: . .,., 1s:s::2:s:e' . .. .... .... 4.4-2--f '11-wr:-1 -:essex v:5?5:ff'?'E23f.-55-55:2235fE5e225Er:-1-..::.:z .x :ff 322: 55.525513151552515 'GPS' W I X f ' ,f f ,,gfxQW17ff, TWZZZOXZ 4727? ff X 9' f I O21 eff ff ff f f 6,2 f f ' ' -:- .f.:.:::::1:::-f.::'s:::z5:f2s: -:-.:.,.:.i.,.-., ..ee-:-:--e-:.-.-:-1-1-: ..1-.4Q.:---.-:j,5551.:,ig5gf 235:59f:y3:5g5:g1g5:g:ggG:::f,., . me- -f Z-'97 '- ':1:f:1:f s'f:2:22:2:E2E:5.er:Er:2E1?25i:?EE25rE:E-1:f. .g':2?'1.-:EEIEVVfff:f:k1s-15146. 'IIEIEIEEIEIEIEFIEIEZH:2:1-li .. , -.,.:m5:2:f:I:r:1::eggs-,'I45EE:1:e1:2E2E1:::5:Qfg:f:f5-1453. , 75' I ,''1:Erj.5:5:5:5:5:5:2:5-3:11-E15rE2Er22E15gf.5j.5::,g1Q11ir2r3E15f'f.:q f 111:-152: .::s:5::.gfzsvfgsg 2,-4 fe-11-1-us:.:1:g1g,,:gag,g9z2':5z:f .... . .. 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This time, extending as it does over a period of seventy-seven years, has developed a feeling of good will towards the institution and a dependence on our judgment in the selection of candidates for vacancies. This in- fluence extends throughout the United States and is largely responsible for the successful placement of large numbers of Gem City graduates. We have' received many compliments on the fact that we placed over one hundred veterans in lucra- tive positions during the school year of 1946-47. There is a fascination about the placing ofa veteran in a position and watching him receive more and more responsibility as times goes on. 7 Among those veterans who are slated forbetter things are Stephen Sherwood of Hunnewell, Mis- souri, Joseph Middleton of Vandalia, Missouri and Charles Duan of Quincy, who were sent to positions with the A. P. Green F irebrick Company in Mexico, Mrpszsouri. M O ugene cKee of Colchester, Illinois, desir Job in Rock Island, Illinois. His record with usellfazs good, so we wrote a number of well-known concerns in that cityand as a result, he was employed in the United States District Engineer's Office. He reports that the work is fascinating. It should not be long before he is placed in a higher classification. Robert Ward wished to go to Chicago to secure employment. Naturally there are a large number of personnel managers who know of our reputation and who' have hired Gem City students' in the past, These men have high regard for our recommenda- tions and the majority of them are always anxious to secure one of our graduates. Consequently, Mr, Ward was employed by the Santa Fe Railway office in Chicago. , After he had completed his course, Charles Turner of Hamilton, Illinois, expressed his desire for a rail- road position. He was referredto the C: B. 81 Q,, who employed him and sent him to their Leaven- worth, Kansas office. e 1 . . I There's the case of Miss L11l1an Williams, for- merly of Carthage, Illinois. Miss Williams is a graduate of the Stenographic course in our institu- tion and during World War II, served in a com- mercial capacity in the WAC. Following her dis- charge from the service, Miss Williams returned to Gem City for a refresher course in -commercial subjects. She has had a secretarial position in the civil service with the United States Government in Frankfurt, Germany. While there she made a six- minute phone call to her folks from Germany and told them of her interesting position. The experience of these young people and many others being duplicated continually at Gem C1ty and is evidence of the caliber of the training and the faith of the employing public in this school. Gem City has been in existence for over seventy- seven years and the present personnel department has been managed by one man for more than thlflly' seven years. This man is well acquainted Wlfh DCF' sonnel managers throughout the middle west, S0 It becomes obvious that if the student is Well-ffallled and well-qualified, Mr. Musselman will be able to put that student in touch with employers who Wlu be interested in his ability. Q , Many veterans are enrolling in Gem CITY DUCT to their attending an academic institution beQ21l1Se of the fact that the background of Gem City frallllng STEPHEN SHERWOOD A. P. Green F irebrick Companl' Mexico, Missouri M es l fling any lidfhf' theln 3 their W and ml Wg I fhtlf 29 It is 2 1' prefeffn ranlmg Veten e0V?fn'l Civll 5' vantage the adn CXBITUHZ given 21 is made give if Clvlllan CC To m veterans been HPI veterans ill Bus Mai matic bookk businf ehines mg an C21 Bus F ul nectio given and la keybq meet: Sehov and Sehov ards ee ee notuag The 1 Bugjn Whoo Elin S PRAY work.: fltalydi usme

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GEM 'CITY BUSINESS COLLEGE, QUINCY, ILLINOIS I C O U R S E S BUSINESS AND ACCOUNTING ooURSES BOOKKEEPING-Theory-Fifteen Sets. SECTION A. Set One-General journal, exercises on purchases, sales, cash, credit and note transactions. Set Two-General journal, additional drill on rules presented in Set OHS, iHl2f0dUCi11g DUYCTIHSCS and sales returns and allowances, and capital invested in business. Set Three-General journalg introducing equipment and operating expense accounts, posting to the ledger, trial balances and working sheets. Set Four-Introducing adjustment of merchandise inventories and closing entries in both journal and ledger, balance sheets, proiit and loss statements, closing and ruling the ledger, and post-closing trial balance. . . Set Five-Ledger accounts and their functions. Exercises on freight-purchases, fre1ght7sales, discount on purchases, discount on sales, trade discount and interest. Practice set work, consisting of the com- plete business cycle. Introducing pay roll taxes, income taxes withheld, and social security taxes, work- ing sheet, profit and loss and balance sheet statements. Test No. 1-A test is held after set five has been completed. The student must pass this before pro- ceeding. Set Six-Recording in general journal and ledger, the sale of a business, closing the old books. of the vendor and opening the new books of the vendee. Partnerships- and related accounts. Exercises on division of profit and loss. Practice set work, recording entries in the purchases and sales journals, purchases returns and sales returns and allowances journals, cash books, general journal and ledger. A complete business cycle, including working sheet, balance sheet, and profit and loss statements. Test No. 2-A test is held after set six has been completed. The student must pass this test before pro- ceeding. ' AFTER COMPLETING THE ABOVE WORK THE STUDENT IS ELIGIBLE TO TAKE THE SHORT ACTUAL BUSINESS COURSE. Set Seven-Six column general journal, columnar cash book, columnar purchases journal, columnar sales journal, columnar sales returns and allowances journal, controlling accounts, general ledger, ac- counts receivable ledger, accounts payable ledger and expense ledger. Exercises and two month's part- nership practice set applying the use of these journals. Introducing numbering of the ledger accounts. Test No. 3-A test is held at the end of set seven. The student must pass this before proceeding. Set Eight-Exercise taking up prepaid expenses, deferred income, accrued income, accrued expenses, depreciation, classified balance sheet, reversing entries and practice set work continued by closing the books of set seven. Test No. 4-A test is held at the end of set eight. The student must pass this before proceeding. Set Nine-Taking up notes receivable discounted, consignments inward and outward, C. O. 'D.. ship- ments, personal drafts, investment securities, and notes registers. F our exercises each consisting Of working sheet, balance sheet, profit and loss statement and adjusting, closing and reversing entries. An examination is held at the end of Section A. , SECRETARIAL COURSE ACCOUNTING ends here. The Short Combination students enter the Short- hand department. Those taking the Full Combination or Business course continue in the advanced bookkeeping work. SECTION B. ' 5613 TCH?-G0OC1Wi11, C0fD0f8'Lion accounting bonds. Exercises on closing partnership books and opening corporation books. Corporation balance sheet. Corporation practice set Set EICVCH-5111816 CHUY bookkeeping then changing to a double entry set. Profit and loss statemeI1tS in double entry form from single entr set of b k , , , , Y oo s. An examination IS held after completing Section B. aff! H SBCTW 561 T' PW and w We ser bufff. U rdflufa 591 fo: entre .iff 21 in los inf the Fil OPTIOXS Ser Fri seam? pounce ACTl'.lL B adnitue Clas 3.- takes: Clas B- as Wei a Audim wmpleu ROOEEIEQ BUSINESS, Clam- and naw I x Tllfbzu S0531 w to C1355 B We mmm N v- Mfrs BUSLNN 1 N l 1 4 4 . is ls: is , Alfjwgy