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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Dec 15, 1926
Page
5
The annual gold rush begins as $2.50 to $20 gold coins leave Federal Reserve vaults for banks nationwide. Chase National Bank estimates $80 to $90 million in gold will be withdrawn this year as coins become popular Christmas gifts, with circulation rising prior to the holiday season.
Banks in New York withdraw about 5 million in gold coins in preparation for Christmas. The Treasury minted limited 2.50 dollar gold pieces for the season, with premiums up to 50 cents and only 240 thousand available in the district. The New York Fed will allot these coins to banks as demand surges in the days before Christmas, with much of the money and coins returning by mid January. Nationwide, projected gold and currency circulation runs high, then recedes within a month. A Boston restaurant owner bases daily menus on weather forecasts, adjusting offerings for hot and cold days.
Brooklyn woman Miss Rose Dittmar asks why her breath was offensive despite brushing and mouth wash. She credits Carter's Little Liver Pills with improving breath, facial color, eye brightness, appetite, and reducing constipation. Advertising copy notes pills sold in 25 and 75 cent packages.
The Standard Oil Company Indiana emphasizes vision over profit. It highlights employees working with purpose to serve the Middle West and notes aviation fuel and lubricants as key developments for aircraft and national air service.
Through Pullmans with advance reservations and convenient connections at Mattoon and Effingham. Leaves Chicago daily with routes via Birmingham Jacksonville St Augustine Daytona Beach West Palm Beach Miami and Tampa to Florida coast arrivals times vary by segment. Deluxe accommodations include maid service dining and market reports with late telegraphic news.
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