The Yale expositor., 1897-05-14


bank depositor is not generally known,
says the New York Tribune. The bank
people know II and tell many funny
| stories about their women customers.
When man goes to a bank to open
an account the officers take 1t for grant
ed that he knows how to draw checks
and how to indorse them; how to make
out deposit slip and what to do with
his bank book; but women who have
never had a bank account must be
coached, and still they make many err
rors, which cause the bank people much
| trouble. II is not unusual for a wom-
an to leave her signature as MARY
Smith" and then sign her first check
Mrs. John Smith," When a check
comes back to her marked mo account"
she PUSHES to the bank and usually
tells the officers that they should have
known that the check was all right.
One error of that kind generally cures
customer, but there are other mis-
takes which are not so easily overcome.
Among these is the failure to write
checks with pen and ink, and to omit
to write the amount of the check in
figures in the place set apart for that
purpose. But overdrafts," said
bank Official give us the most work.
The women overdraw their account
because they keep no record OF their
checks, and the story of the woman
who came to the bank to demonstrate
because her check had been returned
branded mo funds and who said that
there must be money TO her credit be-
cause she had not used half of her
checks was no exaggeratioI. In
neat little volume published by one
bank the customer is informed that
the passbook, while kept by the GUS
toner, Is really the property of the
bank, and nothing should be written
in 1t by the depositor. The custom OF
some persons using their bank pass
books as personal memorandum books
causes endless annoyance and labor to
TIE bookkeeper, who has to handle
large numbers of these books in a short
space of time" The necessity for pos
tive instructions of this kind was DEM
onstrated recently when a woman
handed her book to the receiving teller
to have a deposit recorded. II was
found that a line had been drawn IN
der the last figure made by the bank.
and the amount figured up, and then
came the following memoranda:
fald SternS $zb.OO
COOK ................-..- 1900
Theater tickets. ................. 800
CeAD z.UO
When the bank clerk told the woman
that the book should not be used for
such purposes he was informed indig
nantly that it was her book and that
she knew how to keep tally on the
bank. An amusing incident took place
at an uptown bank few weeks ago,
and it served to show that some wom-
en- are as careful as others are the re-
verse. The new depositor asked where
she could find deposit slip, and hav-
ing counted her money, separated the
bills of the various denominations and
then wrote on the slip: $40 in 81 bills.
$14 IN 81 bills, $40 in S. bills, $40 in
$40 bills. In order that depositors may
avoid making errors one bank has
published the following list OF
"Don'ts:" Don't draw check unless
you have the money in the bank or in
your possession to deposit. Don't test
the courage and generosity of your
bank by presenting, or allowing to be
presented, your check for a larger sum
than your balance. Don't draw a. check
and send 1t to a person out OF the city,
expecting to make 1t good before 1t can
possibly get back; sometimes teie-
graphic advice is asked about such
checks. Don't exchange checks with
anybody; this is called "kiting'' and Is
soon discovered by your bank. lt does
your friend no good and discredits youl
Don't quarrel with the teller because he
does not pay you in money exactly as
you wish as a rule, he does the best
he can. In all your intercourse with
the bank officers treat them with the
same courtesy and candor that you
would expect and desire if the situa-
tions were reversed. Don't give your
check to a stranger. This is an open
door to fraud and IL the bank loses
through you it WIKI not feel kindly
toward you. When you send your
checks out of the city to pay bills
write the name and residence of your
payee, thus: PAY to John Jones &c Co.
Of Boston" This will put Year bank
on guard IL presented at the counter.
Don't commit the folly of supposing
that because you trust the bank with
money the bank ought to trust you by
paying your overdrafts. Don't sup
pose you can behave badly In one bank
and stand web with the others. Re-
member there Is a clearing house.
Don't think II unreasonable II your
bank declines to discount an aecommo-
dalton note. II you want an accom-
mediation note discounted tell your
bank frankly that II Is not, In their
daft ffinn huctpo uofa