The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1874-10-17

ysstmeuf csFfi6catss NAV j. h.d =, .,,,,;s.
oztiH N szgrmving kAssa. klAnk suacs 4 left
sor Tn Nrns ~ the spnrch1s@r. "a for ths
anrsnt lpve4tsd. 90 6at4hsB can BE- made a
env Denomination. and as they are made
efAnsferable only ON the written assignment
OF the owner. and transfer ON the books Of
the trustee, they cannot bea1frecove-ably de-
stroyed, lost or stolen. These are very con
vement Tor persons who invest for permanent
income " request in writing. the quarter
y interest ID registered certificates will be
forwarded by draft, express or P. o. order to
any address Consequently the reg stored
certlhcateS are most convenient for persons
not residing in Chicago.
hoAESTEADs AND CERTAIN INCoME WIT y
REACH oF ALL. Hundreds Of familirs who
viii read this nov living in their own
dwellings, on their own land in the city az
1hieAgo. which RsoPertF has beea aesnired in
this say, VIZ They dsposit regularly in this
bank all that they could spare from their
weekly earnings. until they had money
enough. then bought lot and paid for it /;
they then borrowed money from this bank
and built a house upon It, the bank taxing q
mortgage on the house and lot and policy Of
Insurance then living free OF rent they were
enabled RAPIDLY 10 pay Of their debt to the
bank, and many hundred now have house and
lot clear OF encumbranee.
THE BA~k VOW OFFERS To thes,. persons ia
clities Ioi investing their future savings So as
tn 1f'rd a certain and permanent quarterly
INCOME Wlhle they live and for their families
y ten they tie. A 5000 registered invest
mrnt certificate, issued in the name Of botn
husband and wife. is secured against loss by
ire robbery, and will ensure a certain and
-'gS'dr iHcoR's q 81 pei day, or S9l 25 per
quarter, this interest being payable on the
nr,t LAY d February, May, August aud No
VcmbeT
This Provision Against old Age,
sickness ami death, lis within the reach OF
every industrious and skillful mechanic. Oi
this the books Of this bank afford the most
satisfactory and positive evidence-for what
has been done may be done again. Alarge mum
Der Of our depositors have by persistent saw
mg and regular deposlting, accumulated IN a
few years not only So. 200, but in a number OF
cases NOR than double that amount
REcTsrE.EDoR UNREGISTERED cERrlFIc ATEs,
for the amount OF 500 or any multiple there.
o. may he had ON application the amount Of
income 10 be derived from 81, 900 certificate
l. merely gwen for illustration. A 800 GER
tifioate produces cents per day or 81 80 lO(
per Snnum 81 OOO:certificate 20 cents pei
DAY or s73 per annum; 1000 certificate
81 per day or $365 per annum
| THOUGH NEW IN SOsIE Of ms DETAILS, the
principles upon which this system Of invest
ment is based haves been thoroughly tested
both IN Europe and in this country The fol
lowing extract from the 18th annual state
nent Of this institution will suggest the ma
ture Of the security upon which its invest
Inent certificates are issued
LOANS ON IMPROVED REAL ESTATE
| Loaned during me yea sen 735 S
| Total amount ut loans Outstanding 6s9,O4l 3
| Amount loaned ON each sl0O of sscuriN u
| Average amount ii suns loaned $500 s
Largest loan IL 90 0
Smallest loan 200 q
| Number II borrowers Of amount nov cut
| standing y
Tn, manager is not aware that the Saving
bank has ever lost single dollar, either G
principle or interest OF money loaned upo
real estate during thirteen years Of business
notwithstanding the Chicago fire. and it
rarely necessary to make forced collections
SIDNEY MYERS,
Manager.