Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1860-06-08

Iu0 UVOAs w lluCSo AAVAV oAIV"VN w AOiOSA
his memory by reference to said ledger
balance.] On the Goth of September, 1859,
Muscatine Branch overdrawn to the amount
of $78.45. On 2lst of same month, the same.
On 22d, to credit Of Muscatine Branch,
So, ,52l .55. On 23d, Gath and 26th, the
balance was the same. On 9th, balance was
$3, ,632.O6 to credit Of Muscstine Branch !;
28th, 29th and 30th, balance was same. On
1st Of October, $s,6l5 to the credit of Mus
catine Branch. On the Sd October, 1859, it
was the same. 1.-THE I'd was Sunday.) On
the 4th October, balance to credit of Muscatine
Branch was 81, ,955. 81. Same on the 9Th, 9th,
7th, Sth and 10th. On the 11th, it was
$72.2O, and same on the 18th, 18th, 14th,
18th and 18th. We sent to the Muscatine
Branch monthly statement on the 1st Of each
month, whether called for or not. We never
delayed sending these statements beyond two
days after the first of each month. Don't
recollect whether we had calls for duplicate
statements during three months; if we did,
we sent them. I kept the correspondence
with the Muscatine Branch. The messenger
brings letters from the post Office; they are
opened at the note teller's desk; from that
time they are under my charge. either take
the enclosures out of the letters, or it is done
under my direction. The enclosures are then
taken charge of by the note teller, and the
entries are then made from the letters on the
books of the bank. I frequently make part
of the entries myself, and all are made under
my supervision. While I am here a parry
takes my place. I do not usually make all
the entries, but enough to give me full
knowledge of all that is in them. If letter
was received with draft, but with no refer
ence to the draft, would not know it, but
the draft could not be used by the Park Bank
without my knowing it by my exchange list.
Here explained how he would know The
collection clerk goes to note teller's desk,
takes the enclosures out of the letters, placing
the proper checks against them. If the
Muscatine Branch should send draft payable
at other places, I would take charge of it
myself. I take no personal charge of any
other kinds Of enclosures. If payable at other
city banks, it is sent to the Clearing House.
That is attended to by the I'd teller, under my
direction. If time paper is received, the
collection clerk takes charge Of it. We receive
800 or 400 letters daily. If city bank notes
were received, they would be taken out by
note tellers, who would check the letters,
which would denote that the amount should
be credited the person or bank from which it
was received. If checked one way, they
would be entered and credited as cash; if,
another, it would denote that they were not
to be credited at once. The proper distribu.
ton to the various clerks is made at the note
teller's desk. If gold was received, it would
be taken charge of by the note teller, and be
credited at once. If the note teller had
pocketed 81, 900 in gold sent by the Muscatine
Branch on the 1st October, and no one saw
him do it, l would not know it. don't
know that the Muscatine Branch did not send
$3, 900 in country bank bills ON the 1st of
October. If they had been received by the
Park Bank, would have known it. have
q ledger which know to be correct, and
there is no such credit on it. If the messenger
distracted package, would not know it.
All drafts, or nearly all, are sent to the order
of the Park Bank, and, if drafts had been sent,
they must 20 to the credit of the Park Bank.
They must 60 to the Clearing House and pass
through it. Forging, in such cases, is not
possible. If bills were received in package,
and opened at the note teller's desk, it would
be possible, but not probable, that it might
be stolen. know that my department is SO
arranged that, if gold or money is received, it
is beyond the range of probability that the
party should not get the credit, but it is pos
sibls. The Muscatine Branch has never made
any complaints that they did not receive the
proper credits. The balances on, our books
would correspond with the Muscatine Branch
if they did not charge us until we received
them; if they charged when they remitted,
and before we received, the books would not
correspond. do not know how it was with
r. d., kkoy
times do not reach regularly. 1t might occur
that letters would be delayed month, but
don't recollect any such occurrence. Don't
recollect ever having received any account
| from the Muscatine Branch. have been in
| Park Bank since it started, in March, 1856.
Rs-eramined. The credits are made from
the coatents of letters and the ''tick, - as we
call it. If the letter says 'swe enclose %
much" and it is checked BY the proper Off
Ger, the correspondent would get the cred
lit. The entries are made from the letters in.
closing the remittances. All the letters came
under my eye. / am corresponding clerk
| I either write the letters or dictate them.
/. .Cross eramined. - Ledger balance o1
i Park Bank showed witnsss.I The b1lanc.
4 fnds it's way on this book titus The con
A tents Of the letter are entered to the ctedi
4 Of the corresponding bank on the note teller
, book. This entry is made either by me o
. an assistans under my supervision, caliet
| the Sd teller. This frst entry IL entered d
1 the ssaeneral book, !" so called. The book
Keeper who has charge Of this book 9Th
LEDGER balance book which / ihave) post
1.-The credit FROM the general BOOK After
wards al the debts and credits are made t
lall the banks, some 200 or 900, the balance