Indianapolis Times, Volume 37, Number 1, Indianapolis, Marion County, 15 May 1925 — Page 13

FRIDAY, MAY 15, 1925

FIVE BANKS IN LONDON GAINING HOLD ON MONEY institutions Have 7,250 Branch Banks Over Entire Island. LONDON, May 15.—Five great London banks, already the most powerful financial depositories in the world, are rapidly obtaining complete control of British banking. From their head offices in the grimy, picturesque “city” financial centqr of London, the five banks— Barclay’s, Lloyd’s Midland, Westminster and National Provincial—stretch their long arms not only to ever corner of England, Scotland, and Wales, but to every corner of the world. Between them the five banks have over 800 branches In London and its suburbs and 6,450 more in the rest of Great Britain. Billions On Deposit The banks go out after the small depositor. In busses, subways and railway trairts'as well as in the newspapers he see their advertisements Inviting him to open an account with $5 or more, and to take out his money again when he likes. An Indication of the bank’s tremendous power is given by comparitive statistics. Total deposits in all 8,035 Amerl-

Announcing a New, Modern Transportation System -for You

Now you can rent and drive a handsome Private Car! Any time —day or night—no red tape. A fine, 6-cylinder closed distinguishable as a rented vehicle. Pay by mile and hour—less expensive than your own car.

CT-'HIS announcement is di* -L rected to every dependable citizen in this city and surrounding territory. It is something entirely new in "motor transportation. Any time, day or night, you can rent a handsome dosed car —in perfect condition. Take it where you will. Drive it yourself. All the pleasure and convenience of a fine motor car—without the expense.

No red tape Simply come in, establish your identity—and drive away a car in which yooH be proud to ride. We ask only such information as you will gladly grant for the

protection of reputable business men. The entire matter may be arranged in 5 to 10 minutes. After that you are an identification card. It entitles you to a car, whenever you want it thereafter. Luxurious cars These cars are comparable to any fine, privately owned automobiles. No one can identify them as rented vehicles. In design, in finish, in fittings they offer you every luxury of the modem motor car. Smooth running, silent 6-cylinder motors offer you all the power and speed you could desire. They embody every factor for safety and reliability known to modem engineering science. More economical than ownership You pay only for the miles and hours of actual use. Compared with expenses a car owner must meet, it is far more economical to rent one of these than to own a car.

Will Make Trip West With Chief

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F. M. Russel, recently appointed assistant to William Jardine, secretary of agriculture, will make a trip West with the secretary, who plans on doing a little “horse busting” this summer.

can national banks, according to latest figures, are $18,347,837,000; in all 1,603 savings banks, $8,439,855,000; in the great banks that comprise the

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DRIVURSELF INDIANAPOLIS CO. at the Plaza Garage LI 6363 30 West Vermont St. LI 6363 Across Vermont From Indianapolis Athletic Club

New York Clearing House $6,217,954,000. Total deposits In the “big five” are $7,485,997,840— rgr0wing fast. Private Banks Absorbed One by one, the famous old private banks In London are disappearing, absorbed by these great institutions. The latest to go was the historic Cox’s, which during the’ war acted

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Mileage is registered by an inspected, certified hubodometer—concealed from sight—asaocurate as a railroad man’s watch. Special protection for yon Through affiliation with the national organization of Hertz Drivurself operators we have arranged special insurance protection for you—nominal rates - against public liability and property damage. Thousands of dollars have been invested to give you this new utility. An intelligent, courteous staff has been carefully picked to serve you. You can get a car today This rapid, efficient transportation is available to every business man, salesman, public official and professional man in the city. The pleasure it offers is available to every family. Make use of it Today make your first trip—or come in and arrange for it A few minutes will do it We’re always open—always at your commandday and night

I CLIP THIS COUPON

Good for 5 Miles Rental on Our Drivurself Car Must be filled in and presented within 3 days of date. Good only on fir6t trip. Name •*.... Address •

lAN APOLiS TIMES

as paymaster for the officers of the British Army. Expansion at the present rate w.ll not have to continue long before every business corner In Londond pot the site of a “pv will be used as a branch of one of the five great banks, to which the Bank of Eng land, with its $553,819,825 deposit* and ten branches, is a comparitive pygmy.

114 N. Penn. St. 55 Virginia Ave. 802 Mass. Ave. 816 N. Ala. St. 22d & Meridian l

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Fresh Box Candy at Haag’s —Cut Prices

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