Word: thrifting
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...capital, is Pierre Jay, great-great-grandson of the great John Jay, first Chief Justice of the U. S. Banker Jay is neat, cordial, mentally meticulous He went to Groton and Yale (1892), was made Bank Commissioner of Massachusetts. His biggest accomplishments in Massachusetts were the segregation of thrift accounts in commercial banks and the drafting of the first Credit Union Law (governing mutual small loan associations). When the Federal Reserve Bank of New York was founded in 1914 he was made its chairman, held the position until 1926. He was recently Deputy Agent General for Reparation Payments at Berlin...
...United States began shortly after it entered a vigorous period of expansion. For many months its deposits have fallen, and it is estimated that now $160,000,000 is tied up against $212,000,000 on deposit Oct. 17. Half of the deposits are thought to be in thrift accounts.? Many large accounts were also tied up. The Salvation Army had on deposit $50,000 of the proceeds of the Army-Navy charity football game (see p. 34). J. C. Brownstone & Co., a clothing firm whose senior partner is a Bank of United States director, had the bulk...
...Only legitimate savings banks may use the word "savings." Their investments are subject to rigid requirements. Commercial banks have "thrift accounts" or "compound interest ac-counts," are not required to treat the funds differently from ordinary deposits, hence use them in the conduct of general business...
Once the Sales Organization of American Multigraph Co. held a convention. At it the advertising manager, Tim Thrift, delivered a speech. That speech has been perpetuated by the Multigraph Co. in a little booklet called The Romance of the Multigraph...
...think that romance has only to do with a summer night, a silvery moon, and a girl," said Advertising Manager Thrift. "And you may query, therefore, what romance has to do with Multigraph...