pensed with, together with the attendant burden on the teacher in look-
ing after it. Second, there is a fascination in the mechanical operation
of the machine which appeals to the children. It is a common occurrence
for them to exchange their dimes and quarters for pennies so they can
get more stamps. And to see from ten to thirty children crowding around
the "Thrift Teller" at recess times is an inspiring sight.

As to the publicity received from our juvenile savings system, we feel
that it is more valuable than advertising. The child naturally tells the
parents about such things, and when a "Thrift Folder" is proudly exhib-
ited, the parent cannot help but be interested; and thus we have a point
of contact with nearly every family in our town. Then again, the children
come to the association's office, present their cards, and either get credit
on their pass-book or the cash, thus getting valuable lessons in modern
business methods. We make it a point to go out of our way to be cour-
teous to the children, and if there is a seeming mistake, we spare no efforts
in adjusting it. It is some trouble now, but ten years hence the children
who are depositing the pennies and nickels will be the men and women
who are saving their dollars through the building and loan association.

An analysis made at the end of the school year leads us to believe that the best age to begin teaching thrift is between the years of six and ten. It will take several years before we can definitely establish this trend, as the result of one year might be entirely different from the next. However, it is noticeable that the amount saved by high school students is comparatively negligible.

Please pardon our lengthy letter, but we are intensely interested in the juvenile thrift question and wish to contribute what we can towards its solution. To those who might be interested in our method, we wish to sound the note of warning that it will not work without the "human element.' Much of our success has been due to the hearty co-operation of our city superintendent, as well as the principal of the grade and high schools and the entire faculty.

How Much Money Will You Have When You Are 65?

This Table Shows How Much To Save Each Month At Your Age To Reach Your Goal, With Interest At 3% Compounded Semi-Annually

Amount You Want

at Age 65

YOUR PRESENT AGE

30 | 32 34 4 36 38

40

45

50

30.11

33.63 45.66 66.02

40.15
50.19

44.84 60.89 88.02

56.05 76.11 110.03

20 22 24 26 28 $5,000 $4.39 $4.76 $5.18 $5.64 $6.16 $6.75 $7.41 $8.16 $9.03 $10.03 $11.21 $15.22 $22.00 10,000 8.79 9.53 10.36 11.29 12.33 13.50 14.82 16.33 18.06| 20.07 22.42 30.44 44.01 15,000 13.18 14.30 15.55 16.94 18.50 20.25 22.24 24.50 27.10 20,000 17.58 19.07 20.73 22.59 24.66 27.00 29.65 32.67 36.13 25,000 21.97 23.84 25.92 28.23 30.83 33.75 37.06 40.84 45.17 30,000 26.37 28.61 31.10 33.88 37.00 40.50 44.48 49.00 54.20 67.26 91.33 132.04 40,000 35.16 38.15 41.47 45.18 49.33 54.01 59.30 65.34 72.27 80.30 89.68 121.78 176.05 50,000 43.95 47.69 51.84 56.47 61.66 67.51 74.13 81.68 90.34 100.38 112.11 152.22 220.07 SET YOUR GOAL AND SAVE A FIXED AMOUNT EACH MONTH-SAVE WHILE YOU EARN!

60.23

Copyright 1922, Bankers Thrift Corp., Chicago

The masses of the people are still to a great extent strangers to the building and loan idea. Most of them can be induced to join the thrift forces if properly approached. These lessons tell how to go about it.

Price $10.00 per Set

AMERICAN BUILDING ASSOCIATION NEWS,

15 WEST SIXTH STREET.

CINCINNATI, OHIO.

A Book That Covers the Entire Building, Loan and Savings Association Field.

CYCLOPEDIA

of Building, Loan and Savings Associations

By HENRY S. ROSENTHAL,

Editor American Building Association News.

Every officer and director of a building, savings and loan association should have a copy of this indispensable work.

Price $7.50 per Copy

15 WEST SIXTH STREET.

AMERICAN BUILDING ASSOCIATION NEWS,

CINCINNATI, OHIO.

Home of the Greater Louisville Savings and
Building Association.

The Greater Louisville Savings and Building Association is a comparative youngster, but is growing at a most healthy rate. They have their own home, shown herewith. Secretary Gustave Flexner gives some details:

"The Greater Louisville Savings and Building Association was organized October 2, 1915, with an authorized capital of $500,000. We were then in a very small office on the sixth floor of one of our larger buildings. In May, 1920, our resources were a little over $200,000, and at that time we moved into our new offices at 419 West Market street. Since the removal to our new offices our resources have increased approximately onehalf million dollars and our authorized capital at this time is $3,000,000. Before August of this year it will be necessary for us to increase this another half million. Our new offices are well located, being close to the Court-house, City Hall and in the center of the retail district. There is no doubt but what our location, together with the advertising we are doing, is the reason for our large increase in the past two years." The officers and directors are:

President, H. V. Cohn; Vice-President, J. B. Judah; Secretary and General Manager, Gustav Flexner; Treasurer, J. H. Schnell; Attorneys, L. A. Hickman and L. Frank Withers.

Directors-Hermann V. Cohn, J. B. Judah, Lawrence S. Leopold, L. A. Hickman, L. Frank Withers, Henry Fleischaker, Frank J. L. Morat, Miss Emma C. Frick, N. C. Hall, Julius Hartman, Gustav Flexner, Fred O. Nuetzel, John D. Sample, Miss Anna C. Roth, J. J. Fields, C. R. Boswell, Chas. A. Lang, Frank Allgeier, C. J. Schneider, Dr. E. L. Henderson, B. F. Akins, Charles Strull, Fred C. Loemker, Dr. J. B. Lukins.

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Subscription price

$2.00 a year. Three months trial subscription 50 cents.

THE PERMANENT BUILDER, Inc.,

133 West Washington Street

CHICAGO, ILLINOIS

Robinsonian

Building-Loan Interest Tables

Recognized throughout the United States and
Canada as the authoritative reference tables for
all building-loan calculations, as well as for
many other kinds of computation.