The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1920-12-22
Quality of the Banks Assets

L he uuly vi every CdNIiSS DdIih ID
FIRST, to maintain its assets always at
the very top point of quality.
SECOND, to keep it's assets always
where they can respond, without
moments delay, to every call of every de-
position whenever he wants his money.
THIRD, to keep its assets always where
they can promptly respond to every legiti-
mate need of the borrowing public.
The proper function of Savings Bank
is to stand between those who have money
to lend and those who need to borrow, and
that bank does not properly function which
does not keep its assets where they are i'm
mediatey available to answer every call
within its proper field for lOaning-which
the public requires for its legitimate lines of
business.
But it is equally true that Bank does not properly
function which does not furnish the public with an abb
soutey safe place of deposit for all who have idle
Both of these requirements the LamOille
County Savings Bank and Trust Company
supplies, indeed, as the following facts
show, it stands foremost and preeminent in
it's preparedness for any and every financial
emergency.
1t is a fact everywhere recognized that in times of
financial panic United States Bonds the sheet
Choir upon which the public depends and to which it
for financial strength and support.
In the history of Banks, United States Bonds have
never failed to bring the and other things being
equal it follows logically that that Bank is strongest
financially which carries the largest percentage of ITS as
sets in u S. Bonds.
There is no getting away from this fact No
truthfuy gansay this statement 1t is absolutely unars-
werable.
Now what arc the facts as they relate to the Hyde
Park Bank Here the figures taken from the Yer
mont Bank Commissioners latest annual report.
There are SO Savings Banks in Vermont,
of which, with single exception, not one
CARRIES AS LARGE A PROPORTION
OF IT'S DEPOSITS IN U. S. BONDS AS
THE HYDE PARK BANK. Let us en-
phasize this fact by adding that the aggre-
gate of United States Bonds held by IL of
the 50 Vermont Savings Banks do not equal
the holdings of the Single Hyde Park Bank
1t is purpose in subsequent article to again re-
fer to "eamaIks of superior strength and safety IN
Savings Bank"
Meanwhile we invite the most careful consideration
of the deposng public to the superlavely strong posi-
ton of the Hyde Park institution.
Finally, if the reader does not deem it good policy to
place all his eggs basket but rather concludes to
wiser and better way divide his savings among
The different Vermont Banks, are sure he will deposit
part of those savings in the old Hyde Park standby.
We cordially invite share of your de-
pOsits and suggest that no deposit is so
small as not to be appreciated. We would
be most happy ii we nad at leaSt small ue-
post from every Vermont family. What
finer things can you do than to start small
account with the Hyde Park Bank by MAX
ing a Christmas or New Years present of
S1.OO, $1,000 or larger sum? Let the de-
post be in the name of yourself or better
still perhaps in the name of your son or
daughter wife or husband, and commence
the New Year by becoming a banker.
,1o,l, -ob1pl ol -afp
Send your deposits by check, postal express money
order or by registered letter In than hirty-one
wears of business not dollar to the Hyde Park
Bank was ever lost to a depositor.
For any information suggestions address
The Lamoille County Savings Bank and
Trust Company