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Advance Hustler in Advance, Indiana

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Advance Hustler

Location

Advance, Indiana, United States of America

Date

Sep 18, 1924

Page

4

Saving habit plan teaches steady goal of twenty dollars

Helen converses with Aunt Emmy on a street visit about using a daily increasing save scheme. They will pair with Maud to deposit a growing amount each day from six cents to thirty-one, then repeat, aiming to accumulate about sixty dollars by year end for a vacation or Christmas. Regularity turns saving into a habit.

Helen Aunt Emmy Whelen Maud Emmy Anne B. Aymes

What are Federal Reserve Notes and their backing

Federal reserve notes are direct obligations of the United States receivable by banks and for public dues, but not private debts. They are redeemable in gold on demand at the Treasury or in gold or lawful money at Federal reserve banks. They are issued against collateral and backed by a gold reserve and eligible paper, designed to provide an elastic currency that expands with business needs.

Federal Reserve United States Federal Reserve Banks Treasury Department of Washington Federal Reserve Bank Federal Reserve Board Federal Reserve Agent United States Treasury Reserve Bank Federal Reserve System America

Australian ballots to ease ticket mixing across Indiana

The piece notes that voting machines may not be used and the Australian ballot will simplify mixing party tickets for voters in Marion county and Indianapolis and other industrial centers. It mentions bipartisan benefits in Indianapolis Evansville Fort Wayne Terre Haute and Lake County and signals state party headquarters will focus on this shift. Mrs Roy Melson had tonsils removed at Williams Hospital Lebanon today.

Marion County Indianapolis Evansville Ft. Wayne Terre Haute Lake County Roy Melson Williams Hospital Lebanon

Small investor advice on safe savings and bonds

Aunt Emmy explains to Jane how a modest income can grow through savings banks and installment plans. She emphasizes buying real estate mortgages, industrial and public utility securities, or government bonds on monthly payments, warns against speculation, and stresses sound advice from banks or trust companies.

Emmy Jane Industrial Corporation Public Utility Corporation Government Anne B Aymes

Strength in Reserve and the Federal Reserve System

The piece explains early banking reserves and interbank lending, describing how prior to 1913 banks faced panics due to scattered reserves. It credits the Federal Reserve System with massing monetary resources and preventing financial panics, stabilizing business mood and operations nationwide.

Also Mentioned on This Page

Olonia Betty Compson Johnny Hines North Christian Church Geo. D. Wyatt Minnie Davis Miss Mary Brown Jesus God Harlan Monument Company Oris. J. Harlan C. W. Chappius Walker’s Restaurant Guernsey Leff Walker Newton Busenbark Grain Co Jamestown Indiana Boone Flour Indiana’s Boone Ku Klux Klan Jamestown, Indiana Kirtley Woods
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