The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-01-10
DESK STUDIES FOR GIRLS:
MONEY AFFAIRS.
v. PERSONAL ACCOUNTS AND
MONEY AFFAIRS.
(COntinued.)
(COndnu6d.)
The Bank Account.

Girls should have a knowledge Of the
routine of a bank account even though
they have not two shillings to rub to-
gether. It isn't convenient to take cook
ing lessons while the family is waiting
for dinner. neither is it wise TO delay
the collection of a check while one
takes a course Of study in banking.
There are certain fundamental things
which girls and boys should know, and
these should be studied without refer
ence 10 their future usefulness; they
are bound to. be needed sometimes, and
usually they are most needed when
least expected.
Banks provide a place fer the safe
keeping OF money and securities, and
they make the payment of bills much
more convenient than if currency in
stead of checks were the more largely
used. But the great advantage Of a
banking institution to business men is
the opportunity it affords them Of Dor
rowing money, Of securing the cash for
the carrying on of their business,
while their own capital is locked Up IN
merchandise or in the hands Of their
debtors. Another and important adVan-
tage is to be found in the facilities al
fOrded by banks for the collection OF
checks notes and drafts.
account inquire for the cashier, and, If
convenient, take with you some one
who can Introduce you and identify you
as the person you profess to be. If you
go alone Go not feel hurt If a. num-
Der of questions are asked you. While
you may be perfectly honest. a large
number Of people make their living by
being sharp, and, besides, it is neces-
sary to establish those confidential re-
lations which ought to exist in all
financial transactions, so that the cash
Ter nay know something more about
you than he could ascertain by merely
looking at you and taking your name
The cashier will have you place your
signature in a book or on card. Your
name as written should be the same
in style as you intend to place on your
checks Your signature should be suf-
ficiently Characteristic to be recognized
always ss yours. If necessary the CASH
Ter or some officer of the bank will
show you how to make out a. deposit
Slip He will give you also a small
bank book, in which you Will be cred
tied with the amount of money which
you deposit. Each time you deposit
money you will be required to make
out a deposit slip. The banks furnish
the printed forms free. Under the word
checks on the blank you write the
names Of me banks upon which the
checks if any, which you are deposit
ing are drawn. If a check IS on dis
tapt city the name Of the city should
be given. Your bank book is in reality
only your receipt from the bank for
the money you deposit When you de-
post money hand it to the RECEIVING
teller, and when yeu wish to- draw
money present your check TO the pay
ing teller. When you wish to have your
bank book balanced hand it to the re-
caiving teller or to such officer as he
may designate. This is usually done
on the first of each month. The paid or
Cancelled checks are given to you in
day or two, when .yOEr bank book is
returned These Should all be filed in
an orderly way. They serve as vouchers
and may be useful in legal cOmpiica-