a The Dallas Post Established 139% An independent paper, of the people, devoted to the great farm- ing section of Luzerre and other counties. : rucksville, Shavertown, Lehman, Dallas, Luzerne, The Greater i West Side, Shawanese, Alderson, Centermoreland, Fernbrook, Lake- 5 ton, Sweet Valley, Harvey's Lake, Huntsville and Tunkhannock are circulated by The Dallas Post.” 4 ~ Also 100 copies for Wilkes-Barre readers; 150 copies outside of Luzerne and Wyoming Counties; but within the boundaries of Penn- sylvania; 200 copies to friends far away. Entered as second-class matter at the Post-Office at Dallas, Pa., under Act of March 3, 1879. \ ‘Subscription $1.00 per year Payable in advance Address all Communications to THE DALLAS POST Lehman Avenue Phone Dallas 300 Dallas, Pa. as EDITORIAL COLUMN Devoted to the Current Topics of the Day i MODERN BANKING Banking practices change and improve along with the gener- al march of progress. According to an analysis of small bank ac- counts on the part of Association of Bankers it has been found ‘that some 80% of the checking accounts carry balances of less than $100.00 and a further analysis reveals that such accounts of $100.00 balances are an expense to the respective banks. The profits accruing to these respective banks then are made on less ‘than 20% of the depositors. Thus it is the member banks of the Wilkes-Barre Clearing House are now conducting an educational campaign of the public by direct mail. This educational cam- paign has a two-fold purpose, first to help to cement a better feel- ing between the individual depositors and his respective bank; ‘second, to directly inform the public of the economy and conven- ience of a checking account but at the same time explain the ex- pense of a checking account from the viewpoint of the bank. Y Certainly it would be impossible to transact the hugh volume of daily business by cash. As a matter of fact there would not be enough spot cash to do it, and business would be retarded al- most unbelievably if it were compeled to go on a strictly cash ‘bases, with no checks. 3 The banks are wise then to keep before us the value of the services of a checking account and have every right to expect such services to be at least self-supporting. There is nothing myster- ious about a banking institution but there is apparently a mys- tery—possibly we should call it lack of understanding generally— about credit; what constitutes it; how to build it and how to pre- erve it. A banking institution by nature of it’s very business knows credit; helps depositors to build it yet guards it constant- ly. Since a banking institution inherently #itwined with ered- it and since the average depositor is #® ormed with all the elicate ramifications which constitute®®edit, it behooves the re- spective banking institutions individually and collectively to keep individual depositors owe a huge appreciation to our well-Or- d American Banking System and to the individual banks who Save this System, these same banking institutions owe'it to heir respective communities to be leaders in their respective community progress. Encouraging progress always, yet dili- ntiy guiding this progress along safe channels. | We believe at since a banking institution has within it’s management the ustody of the community credit and to a very large degree the _community’s progress, it owes to the community a full measure of ommunity progressive leadership. We believe there are bank- ing institutions which do not fully appreciate their community leadership responsibility. We believe there are banks here and here which are in the same condition as many other business in- tutions under capitalized, and being undercapitalized cannot ender a full measure of community progressive leadership. When bank opens it’s door and becomes the custodian of the commun- ty funds, the guardian of the community credit it automatically becomes the leader of the respective community finances and community credit. A very grave responsibility thus rests on the oulders of a public banking institution. And just as the bank as- every right to expect courtesy and consideration for those phases of public services which it administers, so to the public as equal right to expect the individual banking institution to be progressively alive to it’s community leadership responsibilities. So shall we grant to the banks the right to expect us to pay for the services of a checking account but may we also ask of the bank to pay us individual depositors 3% interest on our monthly checking balance on deposit over $100.00? : ; . dno wy Uk A SWING TO THE PURCHASE OF REAL ESTATE AGAIN It is predicted that 1929 will show a partial swing back to real estate investment purchases. The stock market has had a “full swing of popularity for over eighteen months, attracting both speculative and investment funds. The investment public does not like these recent eratic swings on the part of the stocks. The Investor has to become a professional to follow them. He can- ~ not today purchase his stock and slip it in his lock box and for- get it. Tomorrow it may have dropped 10 points. There has been many very attractive income producing real estate invest- ments these last eighteen months. There are now many attrac- tive real estate investments and there are several contemplated building operations which will be attractive investments. A real estate investment (not speculation) is composed of wo phases, purchases of real estate security, a bond or mortgage with a certain fixed and guaranteed income. Six per cent as a ule on first mortgage and 5 per cent as a rule on first mortgage old bond. Unlike the majority of the of the popular stocks of day these real estate securities are not watered but on the con- rary have even more than the full dollar value because real es- ate securities are as a rule about 60 per cent real value of the property involved. For this reason real estate securities have al- ways been considered one of the two or three very safest secur- ities possible to purchase. The other field of real estate invest- ment (not speculation) is out right and titled ownership of the real estate itself. In this case there is no ‘guaranteed income although there is an average income which experience proves to i Also there is the work of managing the respective in- me property. As a rule an investment of this latter type pro- des a better return on the investment than the real estate secur- ity. And it should because there is a trifle of risk altho very small in a careful purchase and there is a considerable more trouble envolved in property management than in just collecting interest on mortgages or interest on real estate bonds. 1 10: For Headache and Neuralgia ~ STAPLETON’S GREEN CAPSULES, 50c Next to Luzerne Post Office 0 For Colds and Flue Take STAPLETON’S PINK CAPSULES, 50c Next to Luzerne Post Office | 5 constantly informing and educating. And while the public, thru | > WEEKLY COR TOK TOK TR OR FR Gn Pn oP0 Bs son avo 2a 0 By D0 Oy Dy Dy 0) Oy By 00 By Dy Of By By 00 De Pe oP D0 00% 0% 620 0% 60 os 02 4. SoH OGI OI GDOCL DCO OIC CP UEP SHUI OH 0gP 4D 0590594009009 069 009 0 047 09 0GP 00 4S C0 592, (050 0D D050 00-06 04000 > E $3 & | ge 2 » B® mn gon = . iG 2 . . | op i Ee = ES & 1. A New and Mighti oh & oe ¥ 1 Fu Pe oe er % = = if I= I I % j SE 4° Wr (J RW 2 1) 5 CL — XY 2 FOR YOUNG A et 9 : x 2 i & : Sou wo $1 1 2 3 Prizes Ever 99 oe a Gales 0 4 The Judges | & 1st Prize, $5.00 z Appointed for | rize $2.00 < Appointed for j & 2nd Prize $2.00 os <0 : a a RS Word-O-Gram | & 3rd Prize, $1.0 yf 3 ob % $ i aN Pe % %° READ TH Lf Qo piri Aa z id "x nes 5 & a) : \’ pk Ar e. 00 Da it , Suplovey + & al : ; oo Soubon below or pile our your a wer : ; still, bt &1 HARRIS RADIO STUDIO Z. R. HOWELL, | Toh rie a an, 5 WYOMING AVENUE—FORTY FORT Supervising Principal oo oy The proven is ule There : 3 $ pit . oy a Te nn ** 1 Kingston Township * tence using not nae rr <o . < Schools RA person sending in the longest mma T (2) : . o> PRESSING THE Bese ipes : he, : - second prize wi i son sendi & P L A N N I N G A F A S H I 0 N NC Ar, ’ & and the third to the bgt i : & : & / 3. Wowmbhers of a family m i: 3 ] ay send in as many sentences %> : oe f a kind will be ted fron b SALE IN ADVANCE CALVIN J. McHOSE, > passed on di judges SL from jsine. Prine is contest will be sufficient evi > Supervising Principal %* to rn the in the Lake Township oo 4. There will be a contest ez rt ree ill be ded | > A Al k Schools %* bmi shiny tifloeiay rh 1 60 asKan oe the advertisers on this page. The ¢ > ; & selettod and the subject of the ideas o \ ; rE week. p ( well a Fine GAL Red Fox & need sch, or > 9.9 - 3 I) 3 oe da | 2 St li ; AY S L. A. McHENRY, o - mn & ish WAN Scarf : . mr 3 y A Editor 3 THIS WEEK’S SPECIAL id Mu a, < SPECL B iA The Dallas Post o Make up your sentence on a y ide > ho RN than one word from Ae : No . & the words as shown in the coupon toget] $1 S. BALUT, Furrier Sie a op rf BR BE AAA AAAI AANA 3 : J $ , ae] Hy ma fod : ’ o ; i 3 | 625 MARKET STREET | KINGSTON, PA. | “4 USE THISICO! : 3 i - : Adv.| = Word Used For = | . & (Phone Kingston 2777-R) 5 N 5 de Worduartra Sor, 2 %* C3 . 3 - v = = . op * < 1 i 3) M 4 | > 5 I T WELSBACH » I o LOW PRESSURE REFRIGERATION . oh 3 : x i & QUIET - - - LONG LIFE - - - LOW COST ; o 4 Is oo Completely: fulfills all the needs and desires for refrigeration in the & = :S home. Oversize food storage space; plenty of ice cubes; new, de- & 5 | i * licious desserts. No trouble, just day-in and day-out service at little $ =F * cost. Own a Welsbach. : ** 6 * = s YOU NEED NOT ENVY oe ¢ te % 1 Luzerne County Gas & Electric Corp. | % iw 4 E KINGSTON, GOOD TEETH || i > PENN’A. * fs TT —ATTRACTIVE AND oe 9 ph if Welsbach Refrigeration SERVICEABLE TEETH * * mag be prschassd com- : ** 10 RCS plete in beautiful, sani- 2% t binets, - g Tl one lin Have Them & 11 Li «<0 your present refrigera- RN i tor. EASY payment Our experts will help you in every & 12 : 4.9 \ : : Cd plan. ” way possible and our prices are 3 DC > * 13 00 the ows nie (4 y : > A st [ tists erve you / * a IE jeg ih ad No > 14 %* : appointment necessary. pA 5 All the latest equipment; such as * 2 9% 4 ex-rays, guaranteed unbreakable * & (4) bridge work. oo Your Name %* G 0 L D B 0 N D T R 0 WwW E L T E X Painless extraction by our “sleep & : i ' ’ air” method which takes out a & Address %, ; _ FOR — tooth without an “ouch” on your 3 %* o ; . . part. he! 2 ® Interior Plastic D ecoration Examination and consultation free. 9 City or Town +0 Prices quoted before work is start-i oe ed. Have good teeth and you'll & s have good health. 2 $e BEAUTY THAT IS INBUILT 4 > 9 Troweltex becomes a definite part of the wall. As it TERMS TO SUIT % oo is receptive to texturing of surpassing artistry, it builds 3 BS a wall of enduring expressiveness. That it does this DR. STR AESSLEY © = RY economically in no way detracts from its artistic worth. RS — G & Troweltex brings the finest of texturing to the simplest SPECIALIST DENTIST & =z do of homes, - Over Mayflower Shop o D e Si gin c 4 —— Second Floor * r o “10 PER CENT. DISCOUNT FOR CASH 47 Public Square, Wilkes-Barre : Art WOrK ene Fi 0.0 ———————— z % ; & ivy 49.9 H %| WHIPPLE BROTHERS, Ine. i Graruic & 702 WYOMING AVENUE FORTY FORT, PA. * : sk : 2% (Phone Kinigston 7231) 2 F i dx po Po Photo Engravers 2X 5) 5%» iv RR 2 " , 5 oe ENGRAVINGS FOR NE RY The Challenger & , <o 3: BIDS 1,000,000 SUPER-SIX OWNERS AND ALL WHO DRIVE IT TO PIT IT & & AGAINST ALL THAT MOTORDOM HAS TO OFFER 50 XY ’ & WEST SIDE HUDSON ESSEX COMPANY or 1089 WYOMING AVENUE FORTY FORT, PA. 3 +0 4 : , < & ] N RI 00% 6% 6% 6% 6% 6% 6% 4% 4% % 625.4% 6% +20 420-420-420 6% 626% 4% 42% ARR SIRI GI GIGI SOI IGG GG CI UII CGI US 240 05% ho! Le RARER LR RRR KNEE EE PO EGO0G 6500500500. 0 05H 059 059 009 069 049049 69 09 059 05% 200g eede odee0 000 430e0 000+
Significant historical Pennsylvania newspapers