New Britain Herald Newspaper, March 10, 1922, Page 19

NEW BRITAIN DAILY HERALD. FRIDAY, MARCH 10, 1922.‘ o sy HOW MUCH IS YOUR DOLLAR WORTH? mistieha s § - At This Great Clothing Sale of New York Sample Shop 25 Per Cent. of Accounts Only uts 1t truer was nsked a 1ot | SWEENEY SAYS IT IS WORTH 200 CENTS AND IN MANY INSTANCES 300 AND 400 CENTS. I WILL BE HERE PERSONALLY ALL DAY SATURDAY hanker, “that 25 per cent of the de- COME MEET ME FACE TO FACE. COME HEAR MY MERC HANDISE TALKS AT 1 AND 7 P. M. positors in the banks of New Rritain must provide enough proiit to carry ; ! the loss on the other 76 per cent? In y o other words, is it true that an aver- | ¥3 ——— wr i - | age of 76 per cent of bank Jdepositors are causing the hanks to lose monc For answer the hanker reached tn- |f / i g i g WHOLE BUILDING ABLAZE WITH SATURDAY BARGAINS 30 per cont of the totul de- I WILL GIVE BARGAINS SATURDAY THAT WILL MAKE SWEENEY A BY-WORD | Don’t Let Anything Keep all bt those 14 accounts the Saturday—1J. J. Sweeney WITH YOU GOOD PEOPLE FOR A LONG TIME. You Away ! L ST e o R of the bank. If we shduld 50 More Clerks Wanted For bank would be making money.” Surprising Proportions, . REMEMBER THIS IS NOT A ONE DAY SALE, BUT 10 DAYS OF BARGAIN GIVING In other words, according to the banker, 30 per cent of the cost of op- erating his bank s paid by 14 ac- | " counts, while morc than 100 times | B that many accounts are required to B pay the remaining 70 per cent. i New Dritain bankers in general have no faith in |l\0‘!]wn" of a workingman or a man whose in- come almost cquals his expenses, | ¥ putting his entire pay in the bank and | i paying the bills by check, ever nc- |§ AN cumulating a balance of any account r ////\ that way. : = Only One Way. | i “There is only one way to save,” || said Président William Attwood, | & 4 \ 1 of the New Britain Trust company, | & ' b ' “and that is by systematic saving.” |8 ’ \// E T SAVE NOW A recent investment hroker from o’ | [ 3 TN v L nearby city, speaking to the New |@ i TH R Britain Industrial Council, said that ls OFFER : For w A q 4 i : \ or want of a nail the shoe in order to ‘save money, people | o= e \ V) x L # Worth up to $35.00. - You y ¢ ) was lost for want of a shoe the should first set aside a certain sum 4 i save aboit 607%. Sweeney horse was lost. I take the stand for savings and then figure thelr e . household . expenses from the re-|@ Big lot of Men's Suits, values says. let $13 44 them goat ... . that untilled neglected grounds mainder. This method, instead of to $50.00 in the lot, Sweeney > ) i paying expenses and saving what s ! . C : 1 y soon runs into rank weeds. An left, was that speaker’s method of ac- says. Marked them cumulating a small bank account. experienced mother who has Every account, according to Treas- i O : S ¢ ¢ ‘ s A urer John C. Loomis, of the Com- 3 19 44 KA W AN Y7 b 1 £ y %3 brought up a large family will | L) o4 < ; N v % g ! recommend wholesome economy mercial Trust company, which s & carried on the books of a bank, av- | § oy Dol , & g , R At 4 g i i erages about $8.00 a year in cost fo : : : A 558 : I ; RN careful watching of the little the badk. 'This figure was reached |§ $19.44 scarcely pay for the \ S o : S OF 2y s things to save even a penny after an extensive investigation into | making of these Good Suits. A > G 4 a . G 1 ¢ IS el . 3 o costs, when it was found that the i e SN : : . _ j| wherever possible. These Satur bank could not possibly carry these | K e am, e : ! : 3 Y ; o day specials are e.\-.lqences of th'e wonderful possibilities that this accounts for ‘css than $8.00 per year. manufacturerss sell them for great sale hand of plenty offers Service Fee Charged In ordi. ¢, coner this a man would |58 {1 at the factory. have to carry in his personal account 4 about $200 a year. Three years ago the bank decided to charge a service fée of 50 cents a month on any de- posit under $100, thus splitting the 2 cost with the depositor. PR 3 ) AR Lot of $80 Deposits Cost Bank $600. S 7 \ s S i RAINCOATS It was in reference to this same |§ A 7 LA B i X TR T action on the part of the Commer- | &g. 7 % 2 + 5 I values to $22. Watch cial Trust company that a local bank et I3 . i R 5 R T officer showed a Herald representa- ) L 1 o tive a list of 75 small accounts rang- > 8 i : ing from a few cents to possibly five dollars. © The entire 75 accounts { amounted in total to about $80. 3 Hliny (i : §ii “Now" said the banker, “figuring on iy g e ¥ 1 } 5 L R the basis of $8.00 per account an- MEN'S e—1H nually, that $80, if it became the sole 7 § TTANNE! p : ¥y ; 4 FLANNEL \ UNDERWEAR away. property of the bank, would only, pa: ¥ < for the.carrying of 10 of these ac-|: PAJAMAS Almost given W H et g 1 1 Watch the riot here BOYS' SUITS i % bUlTS counts on our records.” In other words, It is costing that bank $600 & Value to $2 and SEALPA whiie sweeney sells. vear to carry a-total deposit of $80 on UNION SUITS. Flecce and Ribbed | §] | Stzes 8 to 16. 'l'lu‘«'f AR . Values to $22.00 its books. Sweeney's Price 4 shirts and Drawers. Not Suits are made far serv- em for saturday Dfecamy iy Buteet - ys | cheap shoddy stuff, but ] | fee. Values to 8850, $12.44 ) $ 8.44 DR R SAIIEL R i 1> / fincst garments made B | To got the 'mf"‘.'\ ‘-‘l‘"-. ,‘é} . family budget this banker smiled ) Rt Worth $1.50. Price ing. Sweeney says close SN he answered. “Making the budge : e £ SR e ARetE them -out for S balance is the big problem of the \ < family, the bank, the business place and the whoic country. Iiverybody , + 8400 Good is having trouble doing it. 1t's onc § | good feature is that it helps keep a ! \ d — o e man within his income. It is the § G° penders 5 i i St Dress Pants best family stop-1oss system, A man ( * sl 3‘9 ‘ e will think twice before he steps over : s Pants, b his budget. 1 think @ budget is in- ’ . 290 dispensable. Tf a businessman did ' i } not have a budget he soon would get into trouble.” What Mr. Attwood Says. “You ask me to define the attitude of this bank to the small depositor,” said W. . Attwood, president of the New Britain Trust Co. “Bank: @ifter in policy regarding this phase of the banking business, some taking the position that the getting of small accounts which carry an average bal- wnce of from $50 to $100, and which in themselves do not pay their way from the use of their balances, does not pay unless a service charge of from 50 cents to $1.00 a menth is 3 a= S 0 made on those that do not carry an 4 average balance of at least $100. 7 This bank has up to this time made no service charge on-small accounts but on the contrary, has opened its|and able to meet its obligations, and doing business with it and become| On the whole, however, this bank | . 9 litical interest, we last police and firemen, and explained his doors to such depositors, taking the fbhe able to pay a nable: return to | boosters for the bank with which they | has benefitted from the small de- | S FIE light by Julgiey, cundidate [stand on. the admission of reralgatts chance that enough of them will |its stockholders up their invest- lare doing business, and a bank, like positor in the indirect way of some of for the republican AHERT Por ke g AR grow as time goes on into paying ac- |ment. A management, however ac- lother busiuesses, cannot have toolits small accounts (upon which there mayor, at o rally in Lithuanian hall enemies have accused him of being counts. commodating to the public and which |many people boosting for it. is no profit made and in a great many r as e e Lin QP R Banle Must P it. does not make money is not entitied [ *On the other hand, it can well be|c creates a loss) developing into X About attended the meeting. |to allow 10,000 Assyrians to come into SRE mustiiot.00 ized that |to confidence. It conscquently fol-|safd that too many small accounts|the class of larger depositors upon Manlius H. Norton, Mr. Quigley’s po- the United States, He explained the a bank is in business for a profit to ity that it cannot do too much busi- ‘ make a volume of work which re-|which there a profit. | S litical \ ady plight of that country nm‘l the suffer- stockholders upon their investment in {ness at a loss or without profit. |auires more tellers, more bookkeep-| “We, therefore, welcome the small | ¢ WA Teingold ai Clittord Heiherg: shoke|irix (62" 1ta) people o, 1usHty KlstkyE its shares. Unlesa It can sccure a small dopositor is @ problem ers, more free stationery and can|depositor and do everything in the | sy briefly in support of Mr. Quigley’s|pathles with:the foreigners profit from its business the bank is of | that is always with the bank. —Onjeasily increase its expenses o that it|way of service to muke him satistied i AT candidacy e % Ro value to either its stockholders or | the one.hand any management is de-|not only takes away all profit derived jand become an asset to the bank i R . R The candidate charged that the | o o e the public in genernl, because it must sirous of increasing the number of the | from the accounts of its small de-[such a way that he will hoost for it.” | 3 R bifirat SUBILESE 16 RN ity bR Jost Coffee, 3 1bs. $1—Russell Brom make money enough to cover all|bank’s depositors on the theory that |positors, but can eat into the profits| Hopes for Future k L TR Y Lian piohdersit b Mo gl i —adW possible contingencies of loss in order |the ingfease of its business will be injderived from its larger, and paying| ‘“There is no question but what \ ! ! the citv budget was not drafted with losing money on small de-' = ¥ IR sine but rather as poiitical Murd. Original of punch comes from the that the bank shall always be sound | ratio to the number of satisfied pvopu-\m\pnmmrs. e § said W. H. Judd, -Assi*l:mlz f 3 | ophesied that within six months, Hindu “panch,” meaning five, there |Sastten of the Mew LG Feoatiend] s e {wo more mills must be added. The (being originally five ingredients in the [ bank, ‘“but all succeastul business : speaker praised the school teachers, misture How Trotsky Travels In Russia | concerns lose money in some depart . W gl I 1ents in order to accommodate their ustomers. 1 don’t know just what | proportion gf the depcsitors in this | bank do not pay, but it is a large ma- jority.” “But,’ he added, “while we don't |advertise for them, we welcome them because of the fact that you never {can tell when the small deposit is | going to develop into a larger one. | The big fellows of today were the Liitle fellows of 25 and 80 years ago.” | Latest paoto ot vnes vuberto. | [y five minutes *‘Pape’s Diapepsin’’ ends = Prince of Pledmont and erown prinee Pure Lard, 2 Ils: 2bhe—R o1l Bros |of Italy. He has just raised a mus- & 4 e g 2 e S vt [tach; ‘n Ia_ Chiarile Chiaplin, s Gases Heartburn N TO LEAD HARVARD CREW. Flatulence Palpitation e Cumbilde, | Masi: ook 1P QUIGLEY SPEAKS | b George Appieton of Buffalo, u senior, “prape’s Dlapepsin’ o Ureally does” [comes in coutact with the stomach all " e ('(':d ‘('1\;.\(.’nn .m.lhv Harvard : ) Iput bad ctomachs in order—'really [Such distress vanishes. It's truly as- \Cmr:wl ) ~I-vv\\ i;‘fill‘ to :'U:'rem: Candidate for Republican Nomination tonishing—almost marvelous — and | Captain Louis McCagg, who vesigned § the y is its harmlessness. A lal | Wednesday because of pressure of | Addresses Mceting at Lithuanian gas, heartburn and souricss in Ve CeRL Johnd tof DREAW mpc,,.mr'g: studies. Appleton was stroke of last | L Tdes of Campalan. '1‘~‘-3':-"‘:a|wiq':‘-Msm il m'.::fn :fi‘:":‘:‘“‘n,m its welght In gold to men and year's crew. 5 kit s S, women who can't get their stomach's TR Alie. municlpal potato raising SEOMACH 5 CaNor 0 LhE THapc, regulated’ It belongs In your home— Fagle Milk, 3 cans 50c—Russell Bros. |sheme, the recont city meoting, the | I what you eats ferments into stub- [should always be kept handy in case This auto sled was especially constructed for Leon Trotzky, the Russian leader. Caterpillars —advt I.‘:::L."] ' *‘;"' ‘;‘”:"“_:fi “"(‘:‘r';""‘""l:'.; :"',::‘m:,":'o':;‘; ’;:’n':“mh:"f‘,' oot '::::: f,"," :,I,';,k‘n';"',':( ‘;',‘:;lt m?pm.“‘:,du,dflu f in place of rear wheels push the car along on skids on which'the front wheels rest. The, machine| uera are nite judicial circlits in|vepubtican political machine, and |actd; head is dizzy and aches, remem- |efficlent antacld and stomach . i L is of a popular American make of a grade better than Trotzky used when a citizen of this country, the L‘\nfled States, humerous other matters of local po-|ber the moment “Pape’s Diapepsin”[tor in the world. does” overcome indigestion, dyspepsia, |