Indianapolis Times, Volume 35, Number 80, Indianapolis, Marion County, 12 August 1922 — Page 3

AUG. 12, 1922

ONE MINUTE TALKS on BANKING

By J. F. Wild, President J. F. Wild State Bank.

, This is ’the IWurth of a series of “One Minute Talks on Banking”’by prominent bank officials, which will run each Saturday in the Times (luring the month of > August.

Use Your Bank Not long ago a North Carolina correspondent wired one of the large Chicago banks asking where they could obtain a second-hand calYou do not know just how much real service a bank can give you, until you try it. Os course this was an exceptional case, but there are cases happening every' day where banks are seiving their customers in a hundred different ways that would not only surprise you, but give you a better understanding of just what a banking connection means. Don’t think of a bank merely consisting, as Irvin Cobb says, of ’'Yea’' and "No" windows. The “Yes" windows where you deposit and the “No” windows where you try to borrow. Banks are human. Give them a fair trial and you will find that you receive courteous treatment whether you come to put In, take out, or Just to ask advice.

Before You Invest—Get the Facts. And that matter of advice is perhaps one of the biggest services rendered by a banker to his community. For instance, investment advice. There is, in the vast store of financial literature which is within the reach of every one, splendid advice—and hundreds of examples are explained in detail, yet the man or woman who works for his or her money does not take the time to study how to conserve It. This, of course, is mainly true because the usual financial presentation has been of such a nature that It was understandable only to a relatively small number of people. Every ‘man or woman having funds to Invest does have recourse to the simple precaution of going to his banker for advice. Seven hundred and fifty million dollars were lost in the United States In unsound schemes and speculations In 1921. Stop and consider that sum! The life savings of thousands of people—many of them ill prepared to lose a dollar—were swept away. Such catastrophies can be avoided. Just as there is more good than bad in the world, so there are more sound attractive securities than there are bad ones. But In order to pick the good from the bad ones, you need the services of an expert Your banker will always be glad to help you. There is In all of us that desire to seek the “pot of gold at the end of the rainbow.” It's a trait of human nature. All of us some time or other hope, against our better Judgment, that we will find some magic way to wealth. How well the promoter of "shady” Investments knows this weakness. Next time you hear of a chance to make big profits, just remember —before your imagination runs away with your prudence—that such offerings are usually unsound. Remember the opportunity for good Investment—and if the urge should come to “follow the rainbow," talk It over with your banker first. It doesn't cost anything to Investigate. You don’t have to buy a security today. Take your time about it. If a solicitor tells ySh “the issue is limited” or “the price will advance day after tomorrow" or otherwise infers that you must buy today or be forever barred from the good thing, don’t even trouble to Investigate— Just turn the key in the drawer that holds your check book. Consult Your Banker In a word we have tried to make clear one of the many ways a banktr may be of real service to you. Feel free to ask him for advice or information at any time. Poss.bly you were consider.ng a piece r>f real estate, an investment secur.tv or may be the establ.shment of a business. All good. But first, a bit of caut.on may save you money—consult your banker and get the facts. ARMY MEN USE DORiNES Corsets, Lip-Sticks and Powder Puffs Tabooed by Women. CINCINNATI—Corsets, lipsticks and powder puffs are rapidly becoming taboo among the women of Roumania as the result of their adoption and universal use among the army officers, according to letters received from Nicholas Klein, Cincinnati attorney, now In Bucharest. He writes the streets of Bucharest are thronged with officers in dress uniform, who show no hesitancy about taking out jeweled dorines and powdering their noses in the most public places. REFUSES TO SELL HOUSE French Colonel Tells Ambassador Money Better Used for Reparations. j PARIS —“If you have that much i money you had better start paying j some reparations." This reply given by a patriotic French Colonel owning a house adjoining the German Embassy who had been approached by the German ambassador with an offer of 6,000,000 francs if he would sell his property In order to enable the embassy premises to be enlarged.

Achievement Written on the Bank Books o( Her People.

Resources June 30, 1914 $28,457,115.28 Resources June 30, 1922 $52,922,798.18 A comparison of the total resources of these nine downtown banks in 1914 with those of today. This includes the banks In the list below only. growth in the banking facilities of a city is one thing. A steady, [( V)) substantial advance over long periods of years is quite another. The first W U may be due to many causes as uncertain in character as the growth they bring about. But the second is positive evidence of the strength and sound management of the banks of a community. If you could see the work these increased resources are doing at this hour, what a world-wide panorama that vision would present! It would show automobiles and machinery built of Indianapolis steel carrying the commerce of nations—freight from Indianapolis factories in the ports of many seas, the products of Indianapolis industries of all sorts helping to feed and clothe and shelter the world. The story of many of the great local industries of world-wide fame is the story of small businesses developed with the help of these banks. They have brought the investor and the infant industry together to the mutual benefit of all concerned, the industries, the community and the banks. The expansion and growth of these banks has been closely interwoven with the economic life of the city. They have grown because the city and their depositors have grown and that growth is now finding further fulfillment in the creation of the mighty Indianapolis of tomorrow. Her history is being written on the bank books of her people. • Note the figures above and see how surely these nine downtown banks have grown in public confidence. This record covers the period during which the worst war in history devastated Europe and practically bankrupted many of its countries. These downtown banks of Indianapolis have withstood the test of time and the ever-changing conditions of eight years of modern war and its aftermath. The experiences of the war days and the period of inflation and deflation of 1920-21 have only broadened their service and given them greater strength, greater resources with which to make industrial and commercial Indianapolis grow. % * More than seventy-eight thousand depositors use the facilities of the banks listed below. Seventy-eight thousand that’s equivalent to the population of a fair sized city. Are your dollars in one of these banks helping turn the wheels of Indianapolis industry, bringing new factories —new homes—thousands of new citizens? Broad, Constructive Banking Service Stimulates the Growth and Anticipates the Future Success of the Mighty Indianapolis of Tomorrow

City Trust Cos. Commercial National Bank Fletcher American National Bank 4 Marion County State Bank

This advertisement is the fourth of a series paid for by the several banks above to cultivate a better understanding of banking and bankers . By so doing , they are building the financial and industrial strength of the future Indianapolis , by giving you knowledge of just the banking service you need.

THE INDIANAPOLIS TIMES

Washington Bank & Trust Cos.

National City Bank The Peoples State Bank Security Trust Cos. J. F. Wild State Bank

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