Indianapolis Times, Volume 36, Number 204, Indianapolis, Marion County, 5 January 1925 — Page 5

Wv. JAN. 5, 1925

a ■■■■ ■mi fßiim ■■■ OH ■■■■■■■ ___ P'.-.,. 1 Ss f- *fflßr isl _dk '* Jj§|jp -- ■HSn J|||l|| Are Y our Hard-tamed ~S * I • ’ *s^ H; fl\ ]M ■'■-li ■ 1 ilifeilf 111 '■'. ■ v w BF' ■ Savings Worth Keeping? ( Indiana investors have lost upwards of $25,000,000 during the last two | years in only seven of the outstanding failures. The additional millions that have been lost in many smaller failures would swell the total loss to nearly $50,000,000. ijßst t- &jL\ .* * * ' >£f ' . V . 'Vi .' v , m Much of this money that has gone to enrich fake stock swindlers was the lifetime savings of working people. In some cases homes were mortgaged —and lost. . M ■ I ; Wk .IT M mm- In others life insurance, the only estate of a deceased parent, vanished. “Make 1925 Safe for Investors”

A $20,000 Estate Nets $66.00 An Indianapolis woman brought to the Better Business Bureau stock certificates of the par value of $20,000 which represented the life savings of her deceased father, a frugal, hard-work-ing carpenter. Investigation disclosed that all of the companies in which her father had invested were insolvent. One company was able to pay a dividend of $66.00 in final settlement with stockholders. This man DID NOT investigate Before Investing.

She Traded Her Liberty Bonds A widow who worked to support herself had invested $3,000 in Liberty Bonds received from her husband's estate. A stock salesman told her that she should be making more interest on her money than the 4%% she was receiving and persuaded her to trade her bonds for stock in his company which he said would pay 8%. She did not stop to think that she was sacrificing safety for the lure of a promised larger income. In a few months the company failed with a total loss to stockholders. She came to the Better Business Bureau for help too late. She failed to Investigate BEFOKE Investing.

■a - m •'- \7 i . v _ • _ § tore I on Invest—lnvestigate!

Men and women who work for a living should save a part of their income. And such savings should be put to work earning additional income either in a savings institution, such as a bank, or in reliable stocks and bonds. 1 *v - • The week of January 5-11 has been designated “Before You Invest —lnvestigate Week,” and the following organizations are cooperating: Better Business Bureau, Indiana Bankers’ Association, Indiana Commercial Secretaries’ Association, Indiana Securities Commission, Indiana State Chamber of Commerce, Indianapolis Clearing House Association, Indianapolis Chamber of Commerce, Indianapolis Board of Trade, Associated Employers’ Association, Indianapolis Merchants’ Association, Indianapolis Bondmen’s Club, Indianapolis Advertising Club. In centering attention on this subject during this first week of a new year! it is hoped that more millions of Indiana money may be saved to its owners through wise investments during 1925. Will You Help? You won’t be asked to contribute a cent. The requirements are few and simple— RtfSta i*/ 1 * f the smo °th-tongued Wildcat Stock Salesman who DcWdlC • would induce you to part with your savings under alluring promises of ready riches or abnormal dividends. IJi J are men behind the enterprise. Is the * IOQ x/Ul organization a successful, established concern or a promotion? How much money have the officers and promoters actually invested in the enterprise? Will your bank accept the stock as loan collateral? il Ask your employer, your banker, your broker Better Business Bureau about an investment before you sign your name or pay over your money . The Better Business Bureau address is 203 Chamber of Commerce Building, and their phone number is Lincoln 1551. You can help in this big job of “Making 1925 Safe for Investors” if throughout the whole year you keep before you this slogan

THE INDIANAPOLIS TIMES

Saves Business Man $5,000 A prominent Indianapolis business man was about to invest $5,000 in the Cleveland Discount Company. He asked the Better Business bureau for information before investing. The report was not favorable. He did not invest A few weeks later this concern failed with losses of about $7,000,000. He Investigated BEFORE Investing.

She Lost^-Then Saved A local woman invested SI,OOO with a promotional enterprise upon the promise of employment at $25.00 a week, together with big interest on her money. She became suspicious when the promoter asked her to sell her Liberty Bonds and loan the proceeds far him. ’ She told her story to the Better Business Bureau. Immediate action was taken which resulted in not only saving her money and that of several other women, but the flight of the promoter from the city.

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