The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-03-03

Saturday EUenIne FOSt OF March
18th, 1911?
Here are some extracts:
ITO the young readers of the SATURDAY EVEN
ING POST, say: Open bank account; in fact, you
should have two bank accounts-one for your Savings,
and for check These should be your first
investments.
The four cornerstones of business success are:
/ Character.
g Health.
g. intelligence and Judgment
Credit
Now should like to write upon all four factors. but
! shall limit myself to the last, namely, Credit.
Although there are many ways of acquiring credit,
the oaa @ snd G' 0s Ma way 70
banks only place for deposting money but this
is least of the many reasons why young man should
have more bank accounts. The chief why
every young should have bank accounts are.
l. To establish credit for later
2 To.create source of advice relative to hnan-
cial matters.
Credit to large extent, favorable acquaint-
ance : The young man who is paid weekly
should call once week and deposit his salary in the check
ing account of local bank > Once quarter
when interest goes deposit in the savings bank-he
should withdraw from his checking account upon which
he is receiving interest such ne desires
deposit in his savings the bank This enables
young to call at the commercial bank once week
and at the savings bank once month Tor quarter) and
thus gradually acquire the acquaintance and good will of
both Institutions which means credit
urge young to carry good accounts Don't be
stingy with bank. REMEMBER, THAT TT WILL
SOME DAY BE YOUR BEST FRIEND. If you wish
to the bank later allow it to make money your
business now Remember that credit, like
everything else that is good be obtained quickly
orFoR NOTHING, but has its price explained above
There other why young people should
open bank 1t is very advisable pay bills by
check This not only safeguards by having an auto
matte receipt but makes good impression on the mer-
chant to receive check from young man. It shows
merchant that the young has bank account and
thus the young indirectly establishes credit with
the merchant Having bank enables quickly
to cash checks remit money give references and
host of other purposes addition aiding the cstab-
lishment of credit Therefore urge YOU young men
to have two bank the earliest age possible and
to deposit Systematically and often in said accounts al
lowing them to grow to such proportions that the banks
will be under obligations you and will do their utmost
to help and serve in order to hold your good will
deposits.
The best way for the reader to obtain honest intel
hgent information to investments, bond houses
and stockexchange firms, is through bank in which
he has account of sufficient size this bank to
give him time and thoughtful attention
Therefore, URGE ALL READERS to have two
bank acceuntsrst for the purpose of gradually
fishing credit and second for providing source of sup
ply for financial and business advice The small investor
who starts out in this way is BUILDING HIS HOUSE
UPON A FIRM STONE FOUNDATION.
Good advicke everything else that is good-cannot be
oDeAicu giving something feturni ana the
young who sometime may desire the aid of one or
good banks should START IN AT ONCE AND
GIVE THOSE BANKS A GOOD ACCOUNT"
THE AMERICAN NATIONAL BANK takes care
of the small depositor and small borrower We realize
that although todays business may depend upon how
the large depostor is treated yet growth and our con-
dition TWENTY YEARS HENCE depend upon how we
treat the small man who has only few hundred
dollars Cor less in his account but who endeavorinr to
establish san credit We began this policy October
%, 1900, when established and have KEPT IT
UP EVER SINCE Our large present business bears eo-
quent testimony to the wisdom of this policy.