Perth Amboy evening news., 1920-10-13
SAVING LEAGUE
FORMED HERE
Aim is to Teach the Doctrine
of Careful Spending and
Economy and Investment
GREAT SUCCESS SEEN
Industries Plan an important
Part in Move and Plants
Line Up to Help for Thrift

As a means of coordinating the
work of the various government
savings associations of this district,
savings league composed of re-
presentatives of the various associa-
tions in the industrial establish
ments of Perth Amboy and its i'm
mediate vicinity has just been formed
1t was announced this morning
Such savings leagues are now being
formed throughout the second federal
reserve district of which the twelve
northern counties of New Jersey are
a part.
The savings league has for its aim
the teaching of the doctrine of care
full spending and economy and the
promotion of saving and safe in
yestment in government savings
securities. Great enthusias SIN is being
displayed by the industrial workers
of this community in this new effort
to re-vitalize the general interest In
the necessity of saving regularly and
investing Systematically as a protec-
tion against Rainy Day" or pos
sible adversely.
Although the savings league has
just been formed a keen competition
among the various associations for
the enrolment of new members is
under way. This competition has
been started because the standing of
each association in the league will
be judged according to the number
of members enrolled.
The local associations are also out
to beat the record in the amount of
money saved by members of associa-
tions in nearby cities. They are
particularly interested In beating the
record of $60,115 saved by the mem
bers of the Prudential Insurance Co.
Association and the amount of $61,.
500 saved by the Bamberger & Co.
Association members II Newark, N.
3d., during the first seven months of
this year.
The local plants in which associa-
tions have been formed and which
comprise the Perth Amboy Savings
League and their secretaries, are as
follows:
The IA Cigar Co., Augusta Chas-
hikes; Fords Porcelain Works, Thos.
Layden: Chesebrough Mfg. Co., Rich
ard M. Mack; The Castles Ice Cream
Co., +. c. Dehmel; Carborundum Co,
i. Fl. Deik; The General Ceramics
TO. (No. -, Emil Frey: The General
Ceramics Co. (No. y (Metuchen
Plant). r.. II. Minton; The General
Ceramics Co. No. and No. 4, (Keas-
hey Plant), Miss Maude Calvin;
Perth Amboy Mfg. Co., Miss Rose
Eliz, Ablousky: Goodman, Cohen &
Co, Ella DeWorth; General Cigar
Co, Joseph Solomon; Indus. Co. of
Porto Rico, Miss Gussie Dambeck; /;
". ]. Terra Gotta Co., +. H. Hamil-
ton; Standard Oil Co., B. NJ Degnan;
Norvell Co, j. J. Brennan; Raritan
copper Co, w. w. Pierce; Nat Fire
Proofing Company, (Standard Plant)
b. H. Koyen; Nat. Fire Proofing
Company, (Perth Amboy Plant) L.
l.. Hall; Nat. Fire Proofing Com
pany, (Raritan Plant), Fred. Hall;
Perth Amboy Dry Dock Co., Axel
Olsen; General Bakelite Co.. L. NJ
Rossi; Benjamin Moore & Co., Car
teret, Thos j. Ryan; Fords Porcelain
Works, Fords. Henry Hansen; Os-
trander Fire Brick Co., (Keasbey)
w. s. Dunham; Raritan Arsenal, Me-
tuchen, Capt. Henry Hallauer; Anti
mony & Compounds Co.. Piscataway,
+. p. Hood; Mutton Hollow Fire
Brick Co.. Woodbridge. P. H. Fen
ton; NJ. d. Valentine & Bro. Co,
Woodbridge. +. B. Allen; Federal
Terra Gotta Co., Woodbridge, Nor
man Grant.
The various savings associations
making up the saving league of this
city are striving for new members
for their position in the league de-
pends upon the percentage of the to-
tai number of employees that are
members of the association in their
respective factory, plant, or estab-
lishment. Any one employe agree
ing to save regularly at least 25 cents
a week or a month and purchase a
government Thrift stamp, is eligible
, for membership in the association.
The question of the amount of money
saved and invested is of secondary
importance. for 1t is the aim of the
sponsors of the League movement TO
have every worker in the indus
trial establishments of this city en-
rolled in an association and to have
a 100 per cent. record of savers, re-
gardless Of the amounts they save.
CONTINUED on page 3.)