The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1897-07-05
GeOrsia Bankers Pleased with New Plan
fer RemittilS Money.
W. [. PEEL THE ORIGINATOR
Exchange on New York Can Be Cashed
All Over Georgia.
COMPETE WITH THE EXPRESS COMPANIES
Rates Are Comparatively Low and
Business is Already Good-The
Banks Interested.

The circular check which has been adopt
cd by the Bankers Association OF Georgia
to compete with postofiice and express
money orders seems u have sprung into
popular favor. Many merchants have
adopted this means Of renting money, and
are greatly pleased with the service.
lie lur>l -s5i-lsited VIA -4ar- " l.. P'ei,
tnO Nv4I-hAIlON DdIIhcr u Atlanta nc
cneck Dcvn ia use several wcvKs. aId
- an eACeilrht Hetnod vi seila4n5 remit
IailStS ~ Ilstaht p0l44ts ~ FSiy 40isOAelOle
rates.
Inu check is practically the same as the
New exchange, w.tl4 sctVIdt A-W
features Tor the convenience Oh custUmers.
Ihe paper IS 4ssUed Dy every lstlIutiOA IA
Georgia belonging 10 Inc BanKera AasOcllt-
ton, and uuIikc New OrA cAcAah5v, may
b. Cdsned at any one VI these Institutions
on proper ldentIlcaJIoh-
any amount from = cents up VIII Dc ISSUED
Tine rates run from cents o. - - u
cents Tor so. or about the same d post
Office money orders
About 50 per cent Of the Georgia banks
are members Of luIs ASSOCIATION AMI are
suinS the cneCEs. Arrangements have also
been made whereby tne paper can DE- cash
ed in some of the heading banks IN Ala
bama, Arkansas, Florida, kentucky. Alca-
igan Mississippi, South Carolina and len
lessee.
The Georgia bankers are so well pleased
with the sciieme that they may recommend
its adoption by the National Bankers As
ISOLATION The matter viii be brought De
lore this body al their next regular meet
ing, and il is likely the circular checks may
be placed in operation from Maine 10 Cali
lorna The system is mol Only "a great con-
venience TO the bankers and their custom
ers, but is also a source OF revenue Tor the
banks Issuing the paper.
From the present Indications the system
promises TO assume large proportions. AID
may seriously conflict with the business Of
the postoiilee and express companies. Tho
borrowing banks are members o. the asso-
cation and are issuing the chechs.
Exchange bank. Albany Ca. Bank of
tiOnal bank. Atlanta. Ga: Maddox Ruciser
Banking Company. Atlanta. Ga, Neal Loan
and Banking Company. Atlanta. ca; Thi-fi
National bank. Atlanta Ca. National
Bank Of Augusta. Augusta. Ga; Barnes
VILE Savings bank. BsrncsvIIIe Ca. Va
tioual Bank OF Brunswick. Brunswick Ca:
Bank of i,uford, Buford. Ca. Bank Of cal
houn. Calhoun. Ga. CarrplltOn bank Car
rollton Ga. Bank of Cartersvilie. Carriers
VILE Ca. Columbus savings bank. Column
bus. Ca John 1T. Armand. COayers. Ga.
&. l. HardwIck * Co Dalton, Ga. Bank
of Dav.sboro- DaVisboro. Ga. First STATE
bank. Dawson. Ca. DouGlasville Ranking
COMPANY DougfasVille. Ga. Citizens
Banking Company. Eastman. Ga. Nor
Middle Georgia bank. EatontOn. Ga: Put
nam County Banking Company. Eatonton.
Ca. Elberton Loan and Savings bank. FL
horton. Ga. Bank Of Forsyth. Forsyth.
Ga: Bank of Fort Gaines. Fort Gaines,
Ga: Dow Law bank. Fort Valley. Ga.
State Banlting company. ,'ainesVile. On:
city National bank. Griffin. Ga: Griffin
Banking company. Griffin. Ca: Merch9nts
and Planters bank, sfrii1n; ca; Savings
bank, Griffin. Ga: Harrwen bank Hart
Vel, Ga jackson Hanging ,Ceppany;
bank. Lawronceville. Ca: Bank of Loxirc-
ton. Lexington. Ca: Bank Of Louisville.
Louisville ca: American National bank
Macon. Ca Dime Savings bank Macon.
Ga: Exchange h7uE. Macon Ga. Macon
SAVINGS bank Macon Ga. T. O. Plants
Son. banker. Macon. Ga; Marietta Trust
and Banking Company. Marietta ca:
Bank Of Millen. Nilien. Ga; Raul OF Mon
roc. Monroe. Ca. Bank Of Monticello
Monticello. Ca: Chatham hank Savannah.
Ca; Farmers and Merchants' hank. So
70. Ca. Peoples bank Talhotton CO:
Farmers ana NfarchantS' bank TennflIa
CO. Farmers and Merchants bank Thorn
aston Ca Banly of Thomson. Thomson
Ga, Bank Of Triton Triton. Ga: Citizens
hank. Naldosta Ca. Merchants BANK Val
dosta. Co. Rank IF Warrnnten Warren
ton. Ca; Bank of Winder. Winder Ca