The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1899-02-25
ABOUT NONEN'S BANKS
FAIR SENS BUSINESS METHODS
INDICATED
Women Give Bankers Very Little
Trouble-Ordnary Objections Made
by Bankers are quite Unjust.

The Fifth Avenue National bank of
New York has 5000 women depositors.
1t is situated at the corner of Forty
fifth street and Fifth avenue, in the
midst of the residences of the wealthy
classes and is almost exclusively pat
ronized by rich women, who keep
their household accounts and pin mon
ey there. The receiving tellers are
very busy during the first few days of
every month, when patrons of the
bank bring in the allowances they
have received from their husbands or
fathers, but the rest of the time they
have comparatively few deposits to
take care of and plenty of time to as
sst the paying teller in cashing checks
that have been drawn to meet grocers,
or dressmakers bills. 1t is also the ia
vorite institution of women who are
rich in their own right and make large
deposits on interest and dividend days
and when their rents come due.
The Lincoln National bank in For
ty-second street, near Madison ave-
nue.: the Columbia bank, at the corner
of Fifth avenue and Forty-second
street. the Bank of New Amsterdam,
at Broadway and Fortieth street, and
the Plaza bank, near the entrance to
Central park, are also favorite depos-
tories for women.
Many bankers have q prejudice
against women depositors, because of
their lack of punctuality, their indif-
ference to business rules, their tenden-
cy to oVerdraw and their inability to
keep their balances straight but the
officials of these particular banks say
| that such objections are unjust and
| that when a woman once learns how to
! look after money she gives very little
! trouble. SO far as the matter of over
| drafts is concerned they have more
| from
as rule expect accommodations which
| women never expect. New York bank
ers have rule not to pay checks drawn
| by women in excess of their deposits,
| and therefore there is no loss on that
| account. Women have no notes to be
discounted, no drafts to be cashed and
! never ask for loans on doubtful col
| laterals.
All the banks referred to have de-
post and check books of an attractive
| appearance, made especially for their
women customers, and upon the fly
| leaf are printed rules for their insure
ton. The Lincoln National bank fur
nishes it's lady patrons with a list of
"Donts" as follows:
Don't draw a check unless you have
the money in the bank or in your pos
session to deposit.
Don't test the courage or generosi-
~ of your bank by presenting or al
lowing 10 be presented your check for
a larger sum than your balance.
Don't draw check and send it &c
person out of the city, expecting tC
make it good before it can possibly gel
back; sometimes telegraphic advice is
asked about such checks.
Don't exchange checks with any
body; this is called 'kiting' and is soor
discovered by your bank. 1t does your
friend no good and discredits you.
- pal Wit t1s all In
cause he does not pay you in money
exactly as you wish: as a rule he doe.
the best he can. In all your intercourse
with the bank officers treat them will
the same courtesy and candor that yol
expect and desire if the situations were
| reversed
Don I give your check to a stranger
This is an open door to fraud, and il
the bank loses through you it will moi
feel kindly toward you. When you senC
your checks out Of the city to pay bills
write the name and residence of yOul
payee thus Pay to John Jones &, CO..
of Boston, This will put your bank
on guard if presented at the counter
Don't commit the folly of supposinl
that because you trust the bank witt
money the bank ought to trust you by
paying your overdrafts.
Don't suppose you can behave badly
in one bank and stand well with tn,
others. Remember there is a clear.
ing house.
Don't think it is unreasonable 4
your bank declines to discount an ac
commodation note. If you want an ac
commodation note discounted, tell you
bank frankly that it is not in their de