Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-04-25

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Oiisce lnvsat,oas and Alssf-
Using Schemes.
Tsentiesh century hznkefs are over
turning ali TIE ,rsditic1s OF their call
ing. Like the minister sAo lnfroduredl
brass instruments Into church masie.
the banker who adopted new business
methods. new office Inventions. neg
advertising schemes. xss u few years
ago looked upon a. unsafe" TTadf
siou made conservatism. which oItenI
spelled unprogressisensss. synonymous
with reliability.
Now banks keep pr with the march
Of invention and progressive business
system ~ closely Al do the railroads
or the great manufacturing plants.
And ninety nine people ont os q @ua-
dred prefer the soahead institutions.
Bankers realize that tr de methods
must be applied to their business
This is the ezson why you find hank
ing institutions using the most mp
fo-date means d trade getting. follow
Ing the newest publicity methods aud
adopting the most modern time saving
office inventions" II. A. Davidson.
secretary Of Home Trust Co. Of New
York. and one Of the organizers OF the
new Banking Publicity association.
made this statement.
ITO get an Idea q what I mean.
said Mr.. Davidson. look at this In
strument which records at the receiy'
Ing station written messages from the
! sending instrument, The paying tel
Ter OF the bank may write upon the
recording pad In front of him The name
and amount OF q check 10 be certified.
His writing appears at the desk OF a
book+keeper, q signal being given 20
attract the iatter's attention. The
bookkeeper reads the message. a
ries ont the instructions. and commu
! nicates 70 the paying teller. by writ.
Ing In his v pad. the fact that the
transaction IL o. X. ID This way il.
crecy. absolute quiet. accuracy and
speed are secured.
The telephone was one Or the first
pieces Of machinery introduced into
banking. but lately Its use has been
extended TO q degree not thought Of
q few years ago. know OF banks
which have as many as forty different
people In touch with the executive Of.
ficers OF the bank, correspondents ami
/, customers. Transactions r carried
through and financial arrangements
Of every imaginable kind are made by.
means OF telephone communication.
and the actual participants may never
!. Zee each other at all.
After the telephone the next i'm.
! portant ~labor.saylng device to appear
was the adding machine. Or arithmo-
meter. 10 the uninitiated the work.
ings on this machine seem little short
OF marvellous. IT. use has become 40
general In the banking business that
Il II an exception when this mechani.
cal clerk n not seen. II fills the place
o. At least two clerks, Is always ready
always quick and always accurate.
Banks In the large cities have for
their customers and correspondents
houses and institutions In all parts Of
the country. This business II most
desirable, and Ii the natural curse
OF events, II solicited by correspond
!. ence. The importance OF this depart.
ment OF the banks activities requires
special appliances, and we find the
typewriter becoming q great feature.
As 20 many letters OF one form are
sent out. ingenious duplicating machf-
mes are called into play. Some OF
these are familiar fixtures of every
well-equipped office.
The latest thing In this line. how.
ever. IL built like q cylinder press.
The metal type Is set In the grooves
Of q revolving drum. Over this type
Is drawn a sheet OF mixed cloth,
through khich the impression Is made
ron the paper. The effect IS exactly
the same az that made by the single
keys OF d typewriter striking through
q ribbon. Only the ribbon on this du.
plicating machine IS about ten inches
Wide. The apparatus costs $3.50.
Another piece OF correspondence
machinery that counts for constant
activity in office affairs, with say.
ing or time and expense, n the bust
ness photograph.
The ~'dog-eared' ledgers Of our
g~randfathers are wing way TO loose.
leaf arrangements. and some banks
keep very few books Of any kind, the
card system taking their place. Il
there Is any kind OF record that can
not be kept on I card, ! have vet t.
hear Of It.
"You can see this resume Of bank
Ing machinery that the modern banf
u ! place where new Inventions aid
new ideas Of how to do business m
made very welcome. All this rneanl
Increased efficiency, and passes o.
- tie stockholder and depositor Ii,
noaey saved, not to mention the -
sy9ntase from the custOmer's poiat o