The Ocala evening star., 1915-09-24
AN AUTOMATIC SAFEGUARD
AGAINST ERRORS
MUAROE { GHAMBLISS NATIONAL BANK HAS PUT IN ONE
OF THE MOST UP-TO-DATE POSTING MACHINES

Inc MuAlTOc anu OndAuDAASS NdNAOh-
al Bank has just added a remarkable
machine to its equipment, a machine
that posts ledgers and statements
more neatly, quickly and accurately
than it is possible to do the same work
by hand. People who are not ac-
quainted with the inside workings of
bank do not realize the great ad-
vantage of machine work over hand.
The big advantage of using the ma
chine is the saving in time, absolute
accuracy, and the great improvement
and legibility of the ledgers and
statements.
The machine is the latest model
Burroughs bank posting machine and
the operation of il is nothing short
OF marvellous. The date is placed in
the machine in the morning and
prints automatically during the en-
tire days work. 1t adds the deposits
to the previous balances of the vari-
Gus accounts, subtracts the checks
drawn and computes the new balance,
and should an overdraft occur, the
machine automatically locks, thus
warning the operator that there is not
sufficient balance to cover the checks
drawn.
The Munroe and Chambliss Nation
al Bank has been issuing monthly
statements to its depositors for sew
eral years, which is a great improve
ment over the old, time-honored sys-
tenn of balancing pass books, and Mr..
L. p. Wilson, the cashier, states that
through the adoption of the posting
machine the statements viii be kept
posted up to date at all times and
balances extended so that the bank
will be in a position to deliver a de-
positor a statement at a moments no
tice. This system provides the most
positive double check against posting
either deposits or checks TO the wrong
account that has ever been known
Two people would have to make ex-
actly the same mistake on the same
account on the same date for such
an error to occur.
One of the many new features of
the machine is the automatic time
cutoff on the little electric motor
that operates it. This motor is so
silent that it cannot be heard and the
operators on the old style adding ma
chine were prone TO leave it running,
and sometimes over Sunday. This
machine has an attachment that au-
tomatically cuts out the motor when
the operator fails to press key in 40
seconds.
If the operator comes to an ac-
count that is closed, he places the
ledger sheet in the machine and in
the different columns double O0's are
shown, with two stars before and
after them, denoting at a glance that
the account is closed This feature
was a great convenience TO the bank
examiners, as well as to the banks
own people.
Coming with the machine, though
bought from one of the big loose leaf
account book houses, are special
7 ledgers which stand, open side up, in
/ little frames, so that the operator
can take the leaves out, balance the
days work on the page and set it
back In its place. There are double
set of slots for the post supports and
locks, on each leaf, so that they are
reversible and the othe side can
be used, also as each page is removed
for balance il is set back on an ex-
tended line, three inches beyond the
others, and in balancing the days
work, which is done without remov-
ing the sheets, the bookkeeper knows
at a glance the accounts that have
changed during the day. The ledger
sheets are ruled to fit the machine,
and the operator does not have 70
hesitate a moment in fitting his pa
per TO the machine. The machine au-
tomatically does all Of this after the
sheet is dropped in
This machine finishes every detail
Of the work on ledger and customers
accounts, with the exception of the
names and postofice addresses at the
top, which are written on with an
ordinary typewriter, and do not