23 APRIL 1927, Page 32

A GREAT Loss. The news of the death, which occurred

last Saturday as the result of an accident at Mentone, of Mr. Francis E. Steele, brought a sense of real personal loss to very many in banking and City circles. For many years Mr. Steele was associated with Parr's Bank and later with the larger institution (West- minster Bank Limited) with which it was amalgamated, and at the time of his retirement, some three years ago, he was one of the Assistant-General Managers. It will, however, always be in connexion with his writings and lectures on the educational aspects of banking that Mr. Steele will be specially remembered. He was one of the few who, throughout his career combined with complete success practical banking and constant writing on financial and economic subjects. His text-books on banking were remarkable for their clarity and not a few of our bankers of to-day owe their success to the inspiration of Mr. Steele's articles and lectures. Possessed of fine literary gifts and with great personal charm of character, Mr. Steele will be greatly missed by a very wide circle.

A. W. K.