The Washburn times. [volume] (Washburn, Wis.) 1896-1976, 1905-05-11
WOMEN AND BANKING.
ODD NOTIONS OF SOME OF THE FAIR
SEX ABOUT FINANCE.

n veteran BANKER EXh1btt0 Curl.
xOus Line of Sample Case. That
Came Under His Observation In the
Course of Business.
Business women Of course" said
veteran banker, understand the rou-
tine of banking from the customers
side Of It about as well as men, but
the queer ideas the average woman
not in business has about bank would
make totem pole laugh
II lost an awful good account once
because I couldn't convince a woman
that a note put in the bank for collec-
ton is not money. She came in one
day, made out a deposit slip and tried
to deposit note just due. The teller
told her that he would forward 1t for
collection. That seemed to strike her
as all right, and she kept OH writing
checks against her account
''She overdrew in day or two and
we sent her notice. She came down in
a towering rage and asked me what
| my bank meant by insulting her. Over
| drawn? Ridiculous! Why, she had
deposited $1,000 only few days ago.
| What had we done with that money?
| 81 tried to explain to her that the
| deposit she referred to was only a
note sent out for collections; that it had
not been paid and might be returned
unpaid. She flew into passion. What
did she care about it? She had given
! it into the bank, and she meant to have
the money on it.
What were banks for? l cautioned
her against checking against the
| amount of the note until it had been
paid, but she went away in huff and
kept right on making checks until we
had to stop her. We refused her
checks, marking them No funds and
then she withdrew her account. 1t
turned out to be a dandy afterward,
but to this day, understand, she can't
see any difference between notes,
| checks. drafts and currency.
! Strange as it may seem, the number
Of women-honest, absolutely guileless
women-who write other persons sig
/ natures to checks is large. Only to-
day, for instance, the daughter of one
| Of our best customers came into the
bank with check for $500 made pay
able to herself.
'Her fathers name was signed to it,
and he had plenty Of money in the
bank, but his daughter had signed his
name herself. We explained to her
that we couldn't pay out money on
such an order or request.
| But said she, we haven't cent
| of money In the house. Papa is on the
train somewhere between here and
New York, and I-you don't suppose
he'd hesitate to give us $500, do you?
THAT young woman did not and
could not understand why she didn't
have as much right to use her fathers
credit at the bank as she had to use
| 1t at the dry goods stores and the
| butcher shops. I wanted to tell her
| that she had really committed forgery,
but / didn't. l advanced the money
on my personal account, and she went
away a bit miffed and fancying that
we were a fussy, unreasonable lot of
money gatherers.
Things like that are always coming
up in every bank. We had one depos-
itor, an inexperienced young widow.
She had over $4,000 in the bank One
day she came in and wrote check for
| the full balance, payable to herself
/ The teller stared and asked how she'd
have it. Any way would suit her. she
! said, only she wanted the cash.
'He sent word to me and began to
count out the money in 500 and $500
notes. After counting them over she
| wrapped the whole sum UP in news
! paper and went out We were all puz-
zled, and we were afraid she might
be robbed, SO ! sent two Of the clerks
after her to see what she did with the
money as we'll as to protect her. She
walked through the crowded streets
about six blocks to another bank and
deposited the whole $50, 1000 to the cred
it of a poor young lawyer to whom,
! we afterward learned, she was en-
gagged to be married.
81 don't think he was then aware of
| her intention to transfer. her money to
| his account or he would have advised
her to get certified Or cashiers check
instead of Juggling her fortune through
the downtown streets Of city like
this.
1.-The woman depositor. who can't un-
derstand why other persons checks de-
posted by herself are deducted from
her account when they are no good is a
familiar character In nearly every
bank.
when such a check comes back and
they are asked to take 1t up they will
look unutterable scorn at the teller, or
collector and say: I put it back? Well,
I guess not. Why should pay it?
didn't make it out. Mr.. So-and-so gave
1T to me, and if 1t isn't good that's his
| lookout. Go after him. The idea!
| Surely you don't expect me to pay out
my own good money for Mr.. So-and-
sov
"By drawing several diagrams, exert
ing much patience and diplomacy, you
may convince such a woman that she
has to cover the bad checks she de-