The morning call., 1890-10-27
MISCELLANEOUS,

Peoples Home Savings
BANK
Takes pleasure in announcing to the public that Its
new system of Scent deposit stamps is about ready
for general use, and will be introduced contempt
raneous with its magnificent steel burglar and fire.
proof safedeposit vault that is nearing compile
ton.
This depost-stamp system has proved marked
success in England and Germany and in its present
form has reached its most perfect development in
Frankfort. 1t has also been shown to supply long
felt want in such OF American cities had
time to learn of it and to introduce it, notably in
Detroit, where as the cashier writes to US, 900
stamps were sold In the first seven weeks by the
Citizens Savings Bank.
The Peoples Home Savings Bank has been watch
ing Its operation for time and has even corre-
sponded with foreign Consus for fuller Information
of its workings and has learned that the beneficial
effect claimed by Consul General Mason In the March
Consular Report, pages 4Sl-4S6, Is even under
stated, and that this simple system has done won
ders in encouraging SIN II savings and in pleasantly
intoxicating in youthful minds valuable lessons of
thrift and economy. AS Mr. Mason says:
The Frankfort Savings Bank has enjoyed from the
nrst substantial! and constantly augmented sue
cess II began in 1928 with 294 deposltors the az
gregate of whose deposits was S5,93i marks. In
1870 the depositors numbered IL, 3l4 and the capt
tai OF the bank had risen to 7743 SS2 marks. From
that date its prosperity increased rapidly, and
still further augmented by the opening of the penny
savings stamp department. which took place in
1882 so that at the close Of 1888 there 56,637
depositors, with aggregated capital OF IS, ,697
MARKS The receipts for that year alone were 6919.
2I6 marks and the disbursements moneys with
drawn by depositors 5.l51 .602 marks
Our new stamps are beautiful specimens of the
steel engraver's art, direct from the printing ONCE
of the United States Governments stamps and Will
be supplied to the public through selected
agents in all parts of the city in any quantities de-
sired, full list OF our agents appearing shortly in
these pages
Our agents will receive the name and address of
any girl or boy, small large, any grown person
that desires to deposit in the bank, and will give
such depostor, free, on purchasing at least two
stamps for 10 cents, bankbock with ten leaves in
it, each leaf ruled in twenty spaces for twenty
stamps. This book bears number and each leaf
the same number The number of this book, with
the name, is sent by the agent to the bank. When
ever any depostor has filled sheet with twenty
stamps, 1t is mailed by he agent or By the deposor
to the bank and then the first dollar is entered on
your regular savingSbank deposit book aud your
money begins at once to the regular ordinary
deposit interest, and SO on with every successive
leaf in the book ruled off in Spaces and fast as
one book is finished you secure another and
continue adding TO your savingsbank deposit and
providing for rainy day in the safest and most
efectual way yet devised by the skill OF man.
On this occasion we would also remind the public
that we are now building the most elaborate and
secure safe deposit vault on our coast and at its
completion shall take pleasure In inviting a
critical inspection OF all its features. 1t five
layers of steel, four of which of the peerless
Brooklyn welded chrome steel and one OF Bessemer
steel. And safes will not only prove the best
possible treasury OF your vauabies, but the prices
will be within reach of the most mod est purse.
In thanking the public for the unbroken and In
cressing support and encouragement we have
ceived in all our efforts from the very beginning,
we beg to assure them shall always strive to
prove ourselves worthy of this unparalleled conf
dence. co6 MoFr Sp tt