anaheim-gazette 1917-10-25
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ORANGE COUNTY BANKS
LOAN MONEY FOR BONDS
Standing Loyally Behind the Government in its Money-Raising Campaign
At the meeting of the Orange County Bankers' Association Thursday night a resolution was passed that it be the sense of the association that banks of Orange County carry loans at four per cent for four months in order to provide customers with money for the purchase of Liberty Bonds, and in the purchase of bonds of $50 and $100 the banks will carry purchasers upon a basis of one-tenth down and one-tenth a month.
This stand on the part of the Orange County banks goes as far as any banks in Southern California in making it possible for bank patrons who have not the ready cash on hand to buy Liberty bonds.
The plans under which Los Angeles is making its Liberty Loan campaign were outlined to the meeting of the Orange county bankers at at meeting held Thursday at the Orange County Trust & Savings Bank, E. W. Bolinger of Orange, president of the association, presiding.
H. S. McKee, a well known Los Angeles banker, president of the Los Angeles Liberty Loan committee, and R. H. Moulton, a bond dealer, head of the sales department of the Liberty Loan, declared that Southern California must take its quota of the bonds.
"We know that the bond issue will be subscribed," declared they, "and the question for us and for you to decide is whether or not Southern California and our respective counties are going to fall short of our quotas."
"Southern California's quota is $42,000,000," said McKee, "and Orange county's is $1,432,000."
McKee said that the Los Angeles
sales department of the Liberty Loan,
declared that Southern Califirnia must
take its quota of the bonds.
"We know that the bond issue will
be subscribed," declared they, "and
the question for us and for you to decide is whether or not Southern Califiornia and our respective counties are
going to fall short of our quotas."
"Southgrn California's quota is $42,
000,000," said McKee, "and Orange
county's is $1,432,000."
McKee said that the Los Angeles
banks have all agreed to loan money
at four per cent for four months to
men who want to buy bonds. This is
particularly designed for men of means
who have their money tied up but who
have big credit at the banks. In addition to that special arrangements with
payments are made with customers,
who want to take out small bonds but
who have not the money on hand with
which to buy.
McKee and Moulton said that Los
Angeles has concluded that it cannot
raise its quota unless it goes out after
big subscriptions. Last week 150 men
organized, and they are not going to
ask any man with whom they deal for
less than $10,000 subscriptions. They
are going to make up their minds what
a man ought to buy and they are going to get it from him if it is possible
to do so. They propose to draft the
man's credit at a bank, if he hasn't
the ready cash.
"You ought to do the same thing in
this county," said Moulton. "In the
last campaign Southern California lost
many big subscriptions that went
through San Francisco, Denver, Chilcago and New York. There is one
man from this county who ought to
make a big subscription through Orange county, for in this county upon
his thousands of acres were grown a
lot of beans that are high in price on
account of the war. Your sugar companies ought to subscribe through your
local committees."
That the banks of the county are
loyal was shown when several of the
bankers present stated that their
banks were already carrying customers in order that they might buy Liberty bonds. A. J. Crookshank, president of the First National of Santa
Ana, made the motion that it be the
sense of the bankers that customers
borrowing money to buy bonds of over
$100 be loaned the money at four per
cent for four months, and that for the
small bonds ten per cent payments be
arranged. This was seconded by sev-
Copyright Hart Schaffner & Marx
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bankers present stated that their banks were already carrying customers in order that they might buy Liberty bonds. A. J. Crookshank, president of the First National of Santa Ana, made the motion that it be the sense of the bankers that customers borrowing money to buy bonds of over $100 be loaned the money at four per cent for four months, and that for the small bonds ten per cent payments be arranged. This was seconded by several of the bankers, and the motion carried unanimously.
AVOCADO ASSOCIATION MEETING
The fifth semi-annual meeting and exhibit of the California Avocado association is called to meet at the Mission Inn, Riverside, October 26 and 27, 1917.
Sessions for the presentation of papers and discussions will be held in the forenoon and afternoon of the 27th. The three outstanding features of the program are: the presidential address by Hon. Thomas H. Shedden of Monrovia; a symposium on irrigation, lead by Dr. Lester Keller of Yorba Linda; and a symposium on heat injury lead by F. O. Popenoe, of Altadena.
The association has recently issued an important circular on avocado varieties recommended for planting in California, which will have a very decided influence on the development of the industry in California. Out of the one hundred and fifty varieties of avocados that have been introduced and are being sold, only eight different sorts are recommended. This is information of the greatest value to prospective planters who have been unable to decide intelligently what to plant.
The Avocado association is doing work of the greatest value in shaping and guiding this new industry and all California growers should attend the meetings.
Anaheim Gazette
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A LOT OF NEW AND EXCLUSIVE COL
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ater the Rough
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now the rough hat holds full
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PROFIT IN SER
EVERYBODY THINKS OF A STORE—ANY KIND WHERE THE MERCHANT IS TRYING TO MAKE MEN ONE TO WHICH MEN ARE URGED TO COME AND THE MERCHANT CAN MAKE A PROFIT.
AND YET THERE ARE SUCH STORES; WHERE SALES FORCE WANT TO SERVE, QUITE AS MUCH ICE BEGINS LONG BEFORE YOU COME FOR WHEREQUALITYOFMERCHANDISEISCAREFTERESTS. THAT YOU SHALL GETWHATISWHERETHEDISCOVERYHASBEENMADETHPROFITABLEWAYOFDOINGBUSINESS.
THISSTOREISTHATKINDOFASTORE:AND&MARXCLOTHESBECAUSEITISTHATKINDOf
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A WORD TO MEN
ater the Rough
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A WORD TO MEN
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NEW FALL FUR
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"BY ALL MEANS O
F.A.YUNG
The Home of Hart Schaffn
Clothier & Furnisher.
The image is a black and white illustration depicting two men standing side by side, both wearing trench coats and hats. The man on the left has a large belt around his waist, while the man on the right holds a walking cane. They appear to be in a formal setting, possibly a train or a public space, given their attire and posture. The background is indistinct, but it suggests an urban environment with buildings or railway tracks.
PROFIT IN SERVICE
A STORE—ANY KIND OF A STORE—AS A PLACE
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URGED TO COME AND BUY SOMETHING SO THAT
MAKE A PROFIT.
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ALL FURNISHINGS
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MEANS GET A FIT"
UNGBLUTH
Mart Schaffner & Marx Clothes
ther. Anaheim, California