The Washington times., 1911-12-10
IN LOCAL FINANCIAL CIRCLES
By I. A. FLEMING.

Three cashiers, who are models In all
that goes to make up the requirements
OF the position, are in mind as subjects
OF a few remarks.
They are of necessity men Of some
years, have a strong, genial personality
without being too congenial; they
possess an intimate knowledge Of
credits In the City Of Washington and
have been entrusted by their superiors
with making loans more or less freely
on their own Judgments condition that
would not obtain were II not for the
fact. that their judgment is admittedly
good.
Steady. industrious, capable and
fafthful-these are the attributes of the
worthy in any line Of endeavor be it
the day laborer. the travelling salesman,
the underlined Of q great mercantile
house or. the Junior officer Of a bank
And in the cashiers position these
qualities must come into full play and
receive recognition only after that great
teacher. Experience, has finished the
How careful. how particular a bank
cashier must be. Drafts coming up
every minute or two for signature must
t Cipher 1s' q rs
the counter must be confirmed In every
particular. with no detail that will in
sure correctness omitted, and yet with
ton. A thousand and one things come
to the cashiers desk every day, and
many new problems are always present.
he oashiers iD Def spreon to have desks
well to the front of the banks with
which they are Connected. They must
swer almost instantaneously; must
know the facts relating to practically
every account that they, may pass on
o %e rs. q commonplace thing in
business Of the institution allotted to
their care practically as fast as 1t comes
up to them. Mr.: President has no time
the care Of the routine business of the
bank. for the locking away of the cash,
tellers' cash, securities, ETC., with the
close Of the day. and the opening Of the
the days business.
To the cashier belong these duties: to
the cashier belongs the duties Of looking
Supplies OF all kinds are ordered and
provided under the care of the cashier.
Balances. credit and debit must be ar
ranged for just as soon as the returns
keeping Of balances in reserve cities is
In their charge-the president finds the
records Of the bank on his desk and
the completed returns, details. ETC., the
at least he is responsible for the pres
entation as correct and right.
And with all the manifold duties.
smile of the Lyman J. Gage order must
or answered as genially as the query
of a big depositor. Would-be investors
seek knowledge of this or that security,
ask why this or that bond is not better,
better than this-frequently accept the
good advice given but more often leave
the cashier with feeling that he
doesn't know it all-and buy or sell ac-
respective of all advice. He must also
know the District code on banking.
And what host Of friends these CASH
iers have. Earning every dollar they
rack day in and day out, always genial
until the close of the banking day.
And then. walking with head erect,
full Of the satisfaction that comes to
the man who knows that he Is straight;
that he has given his honest effort,
directed in the best channels. they go
out into a pleasant home life. gentle
men unafratd.
And now 1t is s1.10o.Ooo more. WASH
ington will soon have ample banking
capital for its necessities and the wants
of some Of our Virginia bankers as well.
Something doing in the field Of finance
last week. Within one week a bank
president, vice president, and some d.
rectors resigned; a bank president, two
vice presidents, and some directors
were elected. A new trust company set
on the stays with an early launching
predicted.
And tomorrow morning the United
States Trust Company will occupy one
of the finest banking rooms in the city:
Lewis johnson & Co. will vacate r
street and move into the Arlington In
ohitectural design with the Riggs
building.
1t is the passing Of practically the last
New York house from + street, onee