The ranch. [volume] (Seattle, Wash.) 1902-1914, 1908-02-15

For the man VINO mas accumulated
surplus and wishes to place it in a
place where he knows it will have alb
solute safety and can be secured upon
short notice in cases of emergency,
the savings bank offers the very best
method of conservation and invest
ment For the man who has not
learned the habit of thrift and has
never been able to learn the methods
of accommodating a surplus, the saw
ings bank is an even better institu-
ton, for it is, in itself, school which
teaches the savings habit and encour-
ages thriftiness.
Every savings bank depOsitor is
naturally concerned in the matter OF
interest, for while he has the prime
object of keeping his money in safe
place, he is also anxious to add to his
accumulations as rapidly as possible
in an entirely safe way and without
risking the principal. If investment
and safety can be combined, then a
happy opportunity is offered indeed.
The Security Savings & Safe Depos-
it Co.. of 113 Seneca Street, Seattle
offer the fortunate combination OF
safety to their depositors and a good
investment at the same time, because
while the depositor's money is in
vested in an entirely safe and sane
way, at the same time they are able to
pay for savings deposits, the unusual
ly high interest of five per cent. A
great many investors looking for bonds
or stocks consider five per cent. a
rate of interest which makes a good
investment. Large sums of money
are often loaned as an investment at
four per cent and even three. The Sc
curity Savings & Safe Deposit Co.
does not ask it's depositors to make
an investment, merely to put their
money in the bank, where they can
realize on it as in other savings banks,
and where no hazard is taken with
falling or rising markets
Although this bank only organized
and started business in March, 1906,
it's growth has been rapid from the
first, the fact that they are paying de-
positors so good a rate OF interest
making it an attractive institution for
the class of people who are looking
for safety for their money as well as
for an income from it. The Security
Savings & Trust Co. is conducted
along lines that confirm strictly to
savings bank laws and rules, but 1t
has an increased efficiency in its earn
ing powers for depositOrs in that it is
conducted at a minimum expense
only those who are absolutely neces-
sary to the conduct of the business
are employed, the force being reduced
to minimum, with few salaries. The
quarters on Seneca street, while being
convenient to the business district
are inexpensive, and in every single
item expense is held down to the low
est possible limit In this way the
bank is in position to earn its depos'
itors more money and to pay them
a higher rate of interest than is paid
by the ordinary savings bank conduct
ed on a more elaborate scale.
The men who are behind the bank
are we'll known Seattle business men
of long experience and known integri
ty and conservatism. Fred R. Thomp
son, the president, was for many years
the owner. together with John Rex
Thompson, another director, OF the
Thompson Steamboat Co., who owned
and operated several vessels in the
Sound freight and passenger trade. A
A. Jones, the vice president, was fol
number of years secretary or the
Mutual Land Co., and Mr.. d. A. Gal
ley, the second vice president, is the