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About The Omaha morning bee. (Omaha [Neb.]) 1922-1927 | View Entire Issue (May 31, 1924)
"Fliers" Different From Investments ^ Possessor of Savings Account Should Be Careful in Investing. The person or ths family which ha* started on th# habit of regular sat ing la th* kind of person or group which tends to th* upbuilding of a wcnitnunlty. Sooner or later th* op portunity comes to Invest these sav ings mads by regular weekly deposits 1n something material, which will con tinue to earn a rat# of Interest and probably an Improved rats. . There comes a tlm# In th* Ilf* of every on* who possesses a savings ac count to "take a flyer," and maybe become much richer In a very short time. But against this opportunity, some people fail to recognize the fact that in every "flyer" there Is the chance of failure, losing every cent and having to start again to build up by regular savings the fund which la lost. Protection of the sum saved should he entrusted to a regularly operated hank or trust company in whom the possessor has confidence. Advice as to the worth of securities offered for Investment will he given td the holder of a savings account at no cost The men who stand ready to advise you are men whose life work has been the scrutinizing and testing of the value of Investments. They are competent to tell you of the financial worth of the properties on which the stocks or bonds are valued or guaran teed. Generally they know something of th# reputation and ability of the men behind firms ~wrho have Invest ments to offer. The thing which has made the sav ings account so popular with millions of savers In the United State# Is the security on# feels that the funds are safe. A savings account causes no one sleepless nights—It’s earnings are never a "passed dividend," and the rate of Interest compares very favor able with the rates psld by high< grade bonds—and It can be .started with $1.06. ORIGIN OF THF. DOLLAR SIGN That sign which Is universal In its use In this country, first came to America on the old Spanish dollar. On this coin was a symbolic design of the "Pillars of Hercules" of Greek mythology, with a ribbon twined around them. But when people came to make It to Indicate the "dollar" they drew the two' lines and twisted the letter R on them. Today, simplicity finds It a single line through the letter S. 1 Childrens Shoes—Goldstein-Chapman - ^—■Ill'll 11 —— Dollar Is Only Crop That Grows Unceasingly Twelve Months in Every Year Tiiiic ami Money Are Always Vt nrking for the Regular Saver—Results of Small Deposits Astounding Time means money! Few people realize how Indissolubly time and money are connected, and how In this connection, money is the one crop in the world that never loses a season, a month, nor even a day, In its period of growth. Time is the element In building up success with which all men and wo men are equally endowed. No one has more time than another—yet some people discover early In life that time can be made to work and that they themselves, although unable to make more time, can conserve and make each moment work. Interest is merely the application of time to the earning power of dollars. One dollar for a year will earn as much as two dollars in six months. Time therefore produces growth through interest rate applied to a given sum and the earlier date of de posit, the earlier the smiling book keeper chalks up the earnings that the dollar has made. Regular Saving. In these days of the printed word almost every one has had the oppor tunity to see what a regular monthly V— deposit of one dollar will grow Into within a. relatively short period of time. Time and the persistent, never ceasing, earning ability of the first and of all the following dollars depos ited. make It Into a sum of money which haa real purchasing power. A simple table of Interest credited at four per cent semi-annually shows the following results: Tears. $1.00 per month. ft . $ 66.46 10 . 147.48 15 . 246.24 20 . 366.64 25 . 513.39 Twenty-five years might seem to be an unreasonably long time In which to save the sum of about $500 but In the same relativity, $1 per month is a small sum for almost anyone earning their own living to attempt to eave. $1.00 a week is not a sum that almost anyone with a real ambition to have something in this world, might put by. The sacrifice of very few luxuries and unnecessary expenditures would allow that $1.00 to be placed In an account each week and In five years’ time It would be over $300. Many a famous financier has de clared that the ability to save Is In no way an ability—but merely a matter of will power—concisely the "way to save is to save"—regularly. Bright gold ribbon is used to trim many small black hats. f The Gambler \_L-/ "iou are charged with gambling.' said the Judge, ' are you guilty or nnl guilty?" Morgan was, amazed and experi enced what he thought was a flush of righteous indignation. "I am not guilty, your honor. I never played a game of chance in my life. I have never laid a bet. I work hard, and—’’ "Who said you ever plajed a game?" thundered the court, "that's not the way you gambled. The evi dence shows that you earn $40.00 a week and that you spend $40.00 a week. Isn't that gambling? Isn't it betting that you will make enough later on to take care of your family when something happehs to yon? Isn’t It staking everything you have against your future health and- earn Ing capacity? Isn't it taking an awful chance which involves the happiness of your wife and children, If you have them, or your future wife and chil dren, If you haven't? If you are not a gambler, then I’d like to know what Is a gambler? I hereby sentence you to—’’ Morgan woke up, with the sun of a new day shining through ths win (lows. “Gee, what a dream that was,” he mused, “If I hadn't waked up when I did, there is no telling what that old dream Judge would have done to me. It was good for me, though. He ■nas right and I have been a gambler.' So Morgan quit being a rhance taker then and there and on a certain day each week he could be seen at the savings department of the banks mak ing his deposit. Afterward he spent from what was left, but he never al lowed any emergency to Interfere with his program of being safe. Mor gan soon laid up a tidy sum and with the advice of the bank wa* able to Invest It advantageously. Today he Is a successful man. "They Are Wearing." A slender coat of tan rep which was a bit out of the ordinary In the way of collar and cuff treatment had these worked out In wool embroidery In soft contrast, somewhat In sampler fashion. President Calvin Coolidge . Says Habit of Saving Is a Constructive Virtue President Calvin Coolldge In an ad dress has declared that much of the growth of America-has come from the power of the American people to save. Me calls sttentlon to the fact that In vestment In this country Is not alone In bank accounts, but in every form of business enterprise, and further attention to the real satisfaction Rained, not from indulgence, but fronj achievement. Vision and high purpose must bo backed by real work and savings, de clares the president, and through these agencies may be expected an even greater growth and success. Commendation of the habit of sav ing from such a man as President Coolldge is a recommendation for its application by every man and woman In this country. Government Has Own Yard Stick Tightwad, Spendthrift and Thrifty Person Defined by What They Save. The government. In a recent pub lication, has attempted to define a "tightwad,” a spendthrift and a thrifty person. The tightwad. It says, saves 8b cent* of every dollar he earns, the sensibly thrifty person 20 cents snd the spendthrift nothing. We think that none of the defini tions are correct or even approxi mately. so—with all due respect to our government. The tightwad may save more or less than 80 cents of his dollar, the sensibly thrifty person more or less than 20 cents, and s person may save something and still be a spendthrift. It all depends upon how much * person earns and what are the calls upon his purse and what are his probable necessities for the future. A "tightwad" Is a person who lives stingily for the sake of saving money. A spendthrift 1* one who, lives wastefully and a sensible thrifty person Is one who strikes a sensible t balance between expenditures and savings. These would be our defini tions. We believe they are better be cause they are true and are of gen eral application. An official commission recently an nounced Its detailed conclusions as to what constitutes a living wage. Such conclusions are not very con vincing to most people. What may he a living or even a saving wage t for one family would not he enough for another, even though they might be of the same size. Ability to man age, local conditions, etc., have to be taken Into consideration. About the only safe definition of a living wage that we can figure out Is a wage lhat a family can live on. But a living wage Is not eough for the family with foresight and ambi tion. The wage must be sufficient to allow- for progress, preparation for the future and to permit a reason able saving against contingencies. AVhtch brings us again to the fact that savings script is the cheapest, easiest, safest way to save. The average man's idea of Interior decoration Is a square meal —Stam ford Advocate. and Alamito is acknowledged to be the Best of all milk S Do not be content with anything leas than the Best in Milk. Just phone Ja. 2585 and ask that an Alamito Salesman stop at your door. The Alamito wants tohelpyou build your savings account by giving Cash Savings Script A $1 Cashier's Check Free D«"'' w*i,: , Order Ale* It U your* for the asking. Our Delivery Salesmen mito Milk will give you ono Today, any time dur ing Thrift Week. The stub on every Dollar Card , of Alamito Milk Tickets Paid for in Cash Is Your Cash Saving Script. Save them, they represent real money and ran be ronvrrted into Checks for deposit on your savings account. You'll like Alamito service, Alamito products. They arc unsurpassed anywhere, and with the additional <1 ash Saving Script feature, every home in Omnha should be i enjoying Alamito Milk. r ALAMITO DAIRY Our Wagon Stops at Your Door I (l(© (ill© d 11®) (111®) (111®) (111®) dll®) dll®) dll®) dlls' dlls' dlls' dlls' dlls' dlls' dlls' dlls' dV.S'd^ d^ at appareling your children «^V 1VCX1?1V[ /Hll 11VWA\V\ /V Mothers and Dads! :=d.^r*:7iS ultfum Cvt or•hop* °rbr* m temptingly low, and in addition Saif Nr • aifti V ^ ^ afford tha greatest possible vaJ receive worth-while amounts to uet at all timet, add to your children’s Saving accounts. _ Hello, Kiddies—Boys and Girls - Here is the Liveliest Piece of News in this Paper Today The Kiddie Shop and the Boys * Shop AND THE CHILDREN’S BOOT SHOP Want to Put Dollars in Your Savings Account HERE IS OUR BIG OFFER First—We will give you absolutely free a Cash ier’a Check for $1.00 with which to start your account. Second—We will give you an additional 25c Sav ing Script on each $10 worth purchased in any of the Children’s Shops. v .<* "iaa # Additional Savings Saturday Specials Saturday Specials From the Boys’ Shop Boys’ All Wool Suits At Three Sale Prices $7.95, $8.95 and $9.85 Wonderful two-knicker suits for boys 7 to 18 years old—all greatly reduced. EXTRA Ca.hier’* Check* for $1 00 on thi. item—Saturday only. Boys’ High Grade Suits Smart English models of a** a S'oV'knX'r?’$12.95 to $14.95 EXTRA Ca*hier’» Check, for $2 00 on thi* item Saturday only. Hova’ Flannel Striped Rase Rail Boys' Play Suits, of khaki, rlain Suita, with Caps; sizes 3 to 0 blue and Wabash stripes, rrRular *2.50 values; extra $159 $1.25 values; special HH r sperinl. ^ al .. From the Kiddie Shop Girls’Taffeta Dresses Double I Si i#* 6 to 14. Credit $5.95 tO $19.50 on these items Saturday. Clearance of Taffeta and T*1*1 i,: 500 Taffeta Cora bination Hats Savin*‘ ScriP' on *10 Pur $1.98 ch*“ Coat Clearance ISO Costs, sites 2 to 14. values $7.05 to $14.05. $5.95 GIRLS’ TUB FROCKS—Sizes 6 lo 15, of gingham, chambray and combined fabrics; values to $5.00, . $1.95 GIRLS’ PANTY DRESSES -Cunning styles in gingham and chambray, for 2 to ti year olds; va!\ies to $3.05, $1.95 Boys’ Shop MlWMfTMMS 00. Kiddie Shop Second Floor Third Floor 16th and l arnam The Store of Individual Shops Paaton Block " ° i " > / I