WINNETKA WEEKLY TALK, SATURDAY, FEBRUARY 14, 1920 on ~ INDUSTRIES AND BIG, STORES APPROVE NEW INVESTMENT PLANS Seventh District Has Adopted Partial Payment Plan for Sale of Treas- ury Savings Certificates Industrial plants, big stores and business concerns in general are re- ceiving with enthusiasm the new partial payment plan of the Seventh District Government Savings organ- ization for investment in the $100 and $1000 Treasury Savings certificates, which always are worth more than the investor paid for them. The par- tial payment plan was devised in the Seventh District and has received the official sanction of the Savings Division of the Treasury depart- ment. The system is similar to the one which enabled thousands to pur- chase Liberty Loan bonds who other- wise would not have been able to do so. Payments on these savings securi- ties may be made on a weekly, semi- monthly or monthly basis, the mini- mum payments being $2, $4 and $8 respectively. The investor enters into a contract with a bank. Under this agreement this bank deposits one dollar as a "Nest Egg" savings account for each $100 certificate pur- chased from the bank. Payments must be completed not later than December 31, 1920. Following are the purchase prices of the $100 certifi- cates, if the final payment is made in the months designated: July, $83.60; August, $83.80; September, $84; Oct- ober, $84.20; November, $84.40; Dec- ember, $84.60. When the payments are completed the certificate is turned over to the purchaser and $1.00 is de- posited to his credit in the bank as a savings account. Issue Stamps On Part Payments Under the agreement with the bank, if the purchaser fails to make his payments promptly or if any pay- ment continues in default for more | than thirty days, the bank may at its discretion, after due notice, issue to the purchaser War Savings stamps and Thrift stamps equivalent to the surrender to the bank of the partial sum of money actually paid in, upon payment contract. It is also agreed that the investor is entitled at any time prior to the completion of pay- ments to a like refund of all pay- ments made. The contract is solely between the bank and the investor and no obligation on the part of the Government arises until the Savings certificate is delivered to the pur- chaser. In the plants, stores and other busi- $2 a week plan will be the most popular. Each plant and business house probably will work out its own system with the employes and the concern will select the banks through which the savings certifi- cates may be procured. Many places undoubtedly will use the same sys- tem utilized during the Liberty Ioan campaigns. Select Own Bank If, however, any employe wishes to specify a particular bank with which he wishes to do business, he is privileged to go to an individual bank, although the business concerns and industries probably will find it easier to have their employes get their savings certificates from the banks handling their accounts. "These Government savings certi- ficates," said W. B. Bosworth, direc- tor of sales for the Seventh District, "afford the easiest and safest way to save. They are always worth more than was paid for them; they are protected from loss, theft and fire by registration at Washington and the purchaser always can get his money hack." Here are some of the attractive features of these certificates: They carry valuable tax-exemption privileges. They cannot depreciate in value, not being subject to market fluctua- tions. They are always worth more than you paid for them. : They yield a substantial income, actually more than four and one-half per cent. They are short term, maturing Jan- uary 1, 1925, They represent absolute safety as obligations of the United States government, A change has been made in the terms of the 1920 certificates. They are redeemable at the treasury be- ginning with the second calendar month after the month of purchase without ten days' demand required by the terms of the 1919 certificates. Opportunity for Conversion A special issue of Treasury Sav- ings certificates has been put on the market for conversion purposes. It is possible for the holders of 1918 and 1919 as Savings certificates to con- vert them into these special Treasury certificates, whose terms and condi- tions are substantially the same as those of the 1920 issue except for their earlier maturity dates. Holders of one or more War Sav- ings certificates of the 1918 or 1919 issue which bear War Savings stamps having a total maturity value of $100 or some multiple of a hundred dol- lars--$200, $300, $400, etc., may ex- change the certificates for the same THE Nash Six Coupe ith Perfected Valve- wl in-Head Motor which comfortably seats four persons is a splendid year 'round car for the small family and for busi- ness purposes. Its motor assures unusual power, quietness and economy In operation. Scales Motors Co. 510 Davis St., Evanston NABH M VALUE CARS AT VOLUME PRICES ZAFECTED VALVE-IN-HEAD MOTO Five - Passenger Touring Car, Two - Passenger Roadster . . = Four - Passenger Sport Model, 3 Seven-Passenger Touring Car, Four - Passenger Coupe . . . Seven-Passenges Sedan... * all =] IT ness concerns it is thought that the maturity value of Treasury Savings certificates of the corresponding issue. When two or more War Sav- ings certificates of the same issue are offered for exchange, each one need not bear its full complement of 20 War Savings stamps, providing the total value of the stamps aggregates $100 or some multiple of it. Treasury Savings certificates taken in exchange may be made out in favor of new and different owners, if the owners of the War Savings certifi- cates so request. HOW TO LOWER YOUR TAXES The more you lend the Government, the less your taxes will be. Ever think of that? Better buy Thrift and Savings Stamps. Read The Want Ads On Page 7 Eo] ORCHESTRA HALL BURTON HOLMES NO OLD - ALL NEW PICTURES ONLY TWO COURSES Course A--5 FRIDAY EVES. Course B--5SATURDAY MATS. BELGIUM - - Feb. 20,21 BATTLEFIELDS of France Feb.27,28 ALSACE-LORRAINE, Mch. 5, 6 ALLIES on the RHINE, Mch. 12, 13 VANISHED RUSSIA, - Mch. 19, 20 SALE Course Tickets MON., Feb. 9 $5,$4,$3,$2.50 plus war tax Mail Orders Now "The intelligent compositor on a Southern paper must have been thinking of the Fifteenth Amendment when, in setting up the speech of a patriotic townsman, he made him say: 'This section of God's country, where the Constitution is so piousiy reversed." "--Philadelphia ' Record. notes. domains. pany. The money for plant extensions of the Telephone Company must be obtained through issuance of stocks, bonds or Reconstruction projects and new or expanding industrial undertakings are in the market for new capital. Foreign governments are seeking loans for the rehabilitation of their devastated The competition for capital was never so keen and borrowers must show, beyond question, their ability to earn and pay interest and dividends. The rate schedule is the index to the bor- rowing power of the Telephone Com- It should be liberal enough to demonstrate conclusively that the com- pany will promptly carry out its obliga- tions to stockholders and bondholders. CHICAGO TELEPHONE COMPANY OR7H SHOR vad o AND M/ILWAUKNEE RF. ID Brings You Right to the Heart of the Loop Frequent, dependable, North Shore trains take you direct to Chicago's loop, stopping at con- venient "1." stations. 30-Minute Service to_Chicago Trains leave Winnetka every half hour from 6:52 A. M. to 1:52 A. M. Dining cars providing superior service are attached to trains leaving Winnetka at 9:52 A. M., 1:52 P. M. and 6:52 P. M. 10-Ride Tickets between Win- netka and Chicago afford a great saving of time and money. For further information apply to the CHICAGO NORTH SHORE & MILWAUKEE R. R. ORIILS ORTH SHORE 4 WINNETKA TICKET OFFICE ELM STREET Phone: Winnetka 963 a i ry SR fn HI CAEL = . i Sn ----L ge, nr A