OCR Text |
Show I 1 Christmas Savings yhristmas club savings in the ited States to the amount cf jin,000,000 will bo distributed to lumbers this month, this being ! Increase of nine per cent over -jt year. .:pt this immense sum about 38 -i; cent will go for holiday pur-'' pur-'' ;,ises, and 30 per cent will bo re-f;posited re-f;posited In the banks as perm-fent perm-fent savings. T:ie remainder 1l be divided among insurance jiimlums, mortgage and interest 1 yments, and other commitments. Vhese estimatees, based on the (Position of club savings last iir, were recently made by Presi-i'ut Presi-i'ut C. U. Williams &. the Oilo-jitic Oilo-jitic Heating Corporation, who been a close observer of thrift tdencies for several years. He !'s: "Our whole nation annually ws more thrifty, and each year f ests its savivngs more sensibly i these figures clearly reveal." the savings spent in Christ-1 Christ-1 ; js purceses are largely devoted particles for household use and 'ne comfort, such as ve'rigetat-machines, ve'rigetat-machines, radios, furniture, oil r , ;ners rnd other equipment Ii , enjoyment of which the entire Iiily mav share. Tiis is a god sign. It indicates ;. increasing interest in tilings ' !ich make for preservation and : provement of our greatest na-1 na-1 pal institution the American 'jiie. |