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Newspaper
Wakefield Advocate
Location
Wakefield, Michigan, United States of America
Date
Dec 29, 1923
Page
22
Classified style note from Gogebic county listing a farm for sale and seeking contact through Warren McRae of Logansport Indiana. Also an employment notice for a man or woman at $75 weekly full time or $1.50 hourly share time selling hosiery for Guaranteed Mills in Norristown Pennsylvania.
Property offers 49 acres near Tula on the state trunk line with two acres ready for cultivation a dwelling house barns and a complete horse outfit. Terms cash or credit. See William Fritz for further particulars. Prateau's Barber Shop Agency for Bessemer Steam Laundry listed.
A Fifth Federal Reserve District bankers and farmers conference in Raleigh North Carolina under the American Bankers Association Agricultural Commission adopted recommendations for the coming year. It urged loans to youth pursuing agriculture and home economics study and emphasized soil productivity through larger yields per acre with reduced acreage where suitable. It also urged diversified farming to supply family and livestock needs and called for county agents in each county and a banker farmer conference at each State agricultural college.
Savings banks and banks with savings departments rose from 5376 in 1912 to 16709 in 1923, an increase of about 210 percent. In ten years, savings deposits account for about one half of all bank deposits of every description, according to the Savings Bank Division of the American Bankers Association.
Colonel W. G. Edens of the Public Relations Commission argues that American life, health, business, and knowledge are bolstered by advertising. He credits newspapers for shaping patriotism and trust in banks, noting that widespread banking advertising has drawn hundreds of millions into circulation and boosted American institutions.
Trust companies show nearly fourteen and a half billion dollars in total resources for the United States with 3,478 institutions reporting, up from 2,372 a year earlier. The year ending June 30 totals amount to 14,441,600,000 versus 12,739,600,000 in 1922, a gain of 1,701,900,000.
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