Winnetka Local History Digital Collections

Winnetka Weekly Talk, 12 Sep 1925, p. 2

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2 WINNETKA WEEKLY TALK, SATURDAY, SEPTEMBER 12, 1925 LAUNCH MUSIC SERIES OCT. 12 Edward Johnson Appears as First Recitalist Those north shore residents who are lovers of good music will hail with joy the beginning of the 1925-26 artist-recital series sponsored by the Winneta Music club, formerly the MacDowell Musical club of Winnetka. The first concert of the series will be given at the New Trier high school auditorium Monday evening, October 12, it is announced. Although the number of concerts has been increased from four to five, the price of the tickets for the series remains the same--$6. The artists have all been engaged, and it is pre-, dicted that the coming season will surpass any former one in merit. The opening of the series will be a song recital by Edward Johnson, Metro- politan tenor, who made his Metro- politan debut in the leading role of "The Love of the Three Kings." Edward Johnson was born in Guelph, | building will cost $12,000. Canada, but began his musical career in this country. He was engaged for the principal tenor role of Oscar Strauss' "The Waltz Dream" by a group of American theatrical managers in 1907. He was thought to be the only singer on the stage at that time capable of mastering the technical dif- ficulties of this part. His success in this field turned his ambitions toward opera, so he went to Italy and studied under the famous Lombardi of Florence. He attained great popularity in that country, be- coming the principal tenor-robusto of the opera houses of Rome, Florence, Genoa, Milan and other cities. Never before had a male singer of foreign birth won such popularity with the Italian music lovers. Johnson's voice possesses the true Italian timbre in both its ardor and sonorous qualities. He sings with power, but is capable of reserves and is subject always to the discipline of musical understanding. His perform- ance will be a delight to those who love a song and the artistry behind it. A few season tickets are still avail- able. Tickets for the artist recital series may be obtained from Mrs. Grant at the Winnetka State bank. Mr. and Mrs. John Edgar Freeman and their family returned to their home at 185 Chestnut avenue September 1, after spending the summer at Black | Oak lake, Land o' Lakes, Wis. | NEGRO MUST FACE JURY FOR HUSZAGH FATALITY Douglas Edison, colored, 3412 Calu- met avenue, Chicago, who struck and fatally injured Rudolph D. Huszagh, wealthy Chicago broker, while driving an automobile in front of the latter's new home at 230 Sheridan road last Thursday morning, was held to the grand jury by Police Magistrate Charles Franklin of Evanston on a charge of manslaughter last Friday afternoon. Edison had been held re- sponsible for Huszagh's death by a coroner's jury a short time before. According to the testimony at the in- quest, Huszagh had dodged through a line of soldiers which was marching along Sheridan road and was struck by Edison when he stepped out from the line. Edison stopped but later fled without giving any assistance or tell- ing his name. He was traced through the license number of the car which was noted by Harold Hill, of the real estate firm of Hill and Stone. Hus- zagh's wife was sitting nearby in their automobile and witnessed the accident. Edison is held under bonds of $5,000. BUILDS $12,000 HOME Ellis W. Katz of Chicago received a permit this week to build a frame resi- dence at 1144 Asbury avenue. The Numerous permits for garages and additions were also issued. Watch Your Eyes Many women, by r.eglect or im- proper care, allow their EYES to become lusterless, dull and unat- tractive. EYES cleansed daily with Murine should assume new lights and loveliness. This harmless, time- tested lotion is most refreshing and beneficial. Write Murine Company, Dept. 00, Chicago, for free book on Eye Beauty. RINE, FOR Your EYES This gas and oiling station is just across the street from our garage, and is under our management. YOUR CAR DELIVERED CLEAN WHEN you have your car greased, oiled and washed by us you don't have to worry about getting into it and finding grease all over the wheel and on the upholstery. Our men use seat covers and clean the steering wheel, etc., when the work is completed. We recommend that you have your car greased thoroughly and the oil changed every 500 miles. No extra charge for calling for and delivering your car. MARION IL. Announces a Fall showing of HATS -- GOWNS -- SPORT CLOTHES Beginning TUESDAY, SEPTEMBER FIFTEENTH 724 Elm Street, Winnetka CALKINS Congregational 2\ Church ms TEATRO TEATEATOATRAATEATO ATA TE ATR man va So -- summer. Perhaps one in our basic attitude, to participate. Services of friendliness Services for Vacation Mood It is quite natural to change our habits in the us make is in going to church. voint influenced by the outdoor feeling. The Winnetka Congregational Church has made a successful effort to provide services that fit the vacation mood. You are cordially invited change that many of No change of course, but a view- and informality. WINNETKA CONGREGATIONAL CHURCH Service a t Eleven. Greasing, $1.50 to $2.50. Day and Night Washing, $2.00 to $2.50 HUBBARD WOODS GARAGE 1010 Tower Road WINNETKA, ILLINOIS "Service | | With A 4 ay . ile." ~ EE " * "| : ix REDATRING IT : " Phones: | ACE SSOR: b wm ® WINNETKA - 617--1834 |] +] EE EEE EEE EEE EE EE EEE ESE EEE NEE NEE EEEEEEEE Banking for the People Copyrighted 1924 Harvey Blodgett What a Bank Sells REDIT is the useful commod- ity in which a bank principal- ly deals. It buys credit at wholesale and sells it at retail-- just as a merchant trades in com- modities. The Bank "buys" credit from a mutitude of people who deposit their funds, subject to withdrawal when needed; and who do not all need their money simultaneously. The source of supply is a continu- al inflow of deposits; and the re- payment of loans, when due--credits previously sold for temporary use. The considerations depositors re- ceive for the temporary use of their money are: (1) safety of funds; (2) a convenient, safe, and time-saving method of transferring them; (3) the privilege of borrowing, when business requirements make it desir- able, and when customary credit re- quirements are met. Interest paid on time deposits, op- erating expenses, return on invested capital, taxes, etc., constitute the "cost" of the credit a bank buys and sells. The bank rate of interest is gov- erned by the law of supply and de- mand. Also, to some extent by the rediscount rate periodically estab- lished by the Federal Reserve Bank. This is no more controlled by an individual Bank than is the price of a commodity by a single merchant. The Bank with heavy deposits on hand and light demand is in the same position as the merchant whose shelves are overloaded when trade is dull. It is as difficult for a bank to make a profit when interest rates are very low as it is for a farmer to make a profit when prices of his products are below his cost. A bank deals in various other forms of credit. Exchange is one. When it sells a domestic or foreign draft, a traveler's check or a letter of credit, it simply transfers, for a small fee, credit available elsewhere. When a Bank discounts, for a patron, a note, trade acceptance, or other negotiable instrument it is, again, merely selling credit. Another form of service a Bank sells is collection service--it collects money for shipments of produce or merchandise against bills of lading; it collects notes or drafts for local or distant patrons,--transferring credits for a small consideration. While a Bank sells many finan- cial services, probably there is no other kind of business in which so much is done for patrons without charge. Business and financial counsel, of a quality and value that is charged for in other professions, is given to patrons without charge, by the Bank's officers. SAVINGS BANK Elm Street at Center "A State Bank" WINNETKA TRUST AND

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