The Western news. [volume] (Libby, Mont.) 1933-current, 1943-01-21

Due to local conditions and to
relieve congestion in its lobby, thus
insuring better service 20 all its
customers, depositors to the various
Ration Accounts will not be accept
ed on Mondays, Saturdays, the 10th
or 25th of each month nor on the
last business day OF the month.
This leaves Tuesdays to Fridays, in
elusive, available for depositing to
these accounts, except, as before
stated, the 10th and 25th of each
month and the final business day
in each month.
Ration coupon banking" a new
type of banking service for retail
ers and wholesalers of rationed
commodities, designed to make the
nations ration program work more
effectively, will be inaugurated here
in Libby on January q.
This is a war service that the
government has asked the banks to
undertake under which wholesalers
and the larger retailers will be re-
quired by the Office of Price Ad-
Iministratien to open ration bank
accounts in the banks with which
they customarily do business. Into
these ration accounts" the whole
salers and retailers will deposit the
ration coupons received from their
customers against which they will
draw special ration checks when
BORDERING new supplies. 1t is expect
ed that only the retailers whose
food sales in December, 1912 ex-
ceeded $4,000 will be directed by
the Office of Price Administration
to open ration accounts" No
charges of any kind will be made
by the banks for this service.
Consumers such as housewives,
motorists, and other individuals who
purchase rationed commodities for
consumption will not be affected
by the new ration coupon bank
ing system. They will continue to
obtain their ration coupons from
local ration boards and they will
continue to spend their coupons
at the stores just as they have been
doing in the past. Only certain
dealers selling rationed commodi-
ties will have to open ration bank
accounts"
The banks will have nothing te
do with the fixing of ration allot-
ments or allowances, or with the
issuing of ration coupons. The local
ration boards will continue to per-
form these functions.
The new ssration banking" sys-
tenn will not affect the regular mon.
eY or check accounts of the public
at all. The public will continue tt
use their bank accounts in the Gus
tomary way.
The ration bank accounts" vii
be new accounts for the handling
of ration coupons only and will bt
entirely separate from all other &C
counts in the banks. BY depositint
| coupons. in their ration bank &C
: counts retailers and wholesaler
will build up credits or balances 0
pounds, gallons, or points in tn
: various rationed commodities
!; Against these balances they viii
draw special ration checks pay
able to their suppliers when the,
: order new stocks or supplies to sci
:: to the public.
The ration checks will hav
: nothing to do with the payment TO
/ the commodities ordered. Retailer
: and wholesalers will continue t
pay their bills in the usual way.
$ Ration coupon banking is ne,
S plan for handling a lot of the wor
: now done by the $500 local ratio
:. boards. Collecting, counting, recorc
: ing, controlling, and safeguardin
c of ration coupons and exchangin
them for certificates by means (
y which dealers order new supple
of commodities for sale to the pub
J lie has threatened to overburde
; the ration boards and possibly jeoI
n ardize the flow of commodities