Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1925-01-10

and bogus cheeks. ....z 100. 0eo.0o0
Seaport robberies. piracies
and customs frauds..... 100 o.09O
Railroad shefts ..,. rs 000. 0e0
Stock frauds -.s....... l,tvVsTuV.uVV
Insurance. frauds ............ l.O90 wv. IVY IVY
Miscellaneous ...........t.. $4,000. 900
am giving cold figures. MOTTO star.
lie any one unless It be toward more
extreme care in handling and safe
guarding funds and valuables. Right
here let me quote rules to help foil
crimin.Ss Known ss CHECK passers"
or "scratchers"; they viii help ~yoU to
avoid serious loss:
l. Never write checks with a pencil
Use pen and Ink or. II possible. check
protector
2. Fill in all blank spaces
3 Don't erase. Errors should be cor
rected by writing a new check- and de-
stroying those incorrectly written
L. Never give a blank check 60 a
stranger an6==never cash strangers
check withou, an Endorsement which you
have positively ve-ifed
s. Make checks payable to cash" or
bearer" only when you personally pre-
sent them at your bank. Otherwise use
the name Of the. person you intend shall
g. Never place your signature alone as
an indorsemena on checks you tntend-to
deposit. Write above OF below your sig
nature the words For deposit only"
T. Never sign blank checks. Il you ex-
pect to be absent any length of time open
a separate account subject to check OF
your employee or agent
g. Guard your cancelled vouchers as
sou would a valid check. leaving none
where they may be easily taken.
8. Keep your check books securely
locked up and be careful how and where
yo,- sign or exhibit your signature
10. Beware Of the magic of the wore
certified Ordinary certitication stamps
can be duplicated almost as easily as any
IL. Watch clicks which apparently
Dear the makers 20. X" or. other form
of approval. They are more easily
forged than the fun signature.
IL. Safeguard your checks as you would
your money, for they represent money.
49, Deposit slips provide space for your
name. usually upon the upper. lines.
Those written incorrectly should be de-
stroyed as otherwise your signature will
be available for fraudulent use. You can
prevent less by first writing the detail Of
amounts deposited and then printing
your. account name
The bankers campaign for. every
body to pay by check" has borne
fruit. It has been estimated that to
= day more than IS per =cent. Of the
business OF the q S. IL transacted by
the use of checks or Cther credit in
struments. That means about six and
one-half billion checks will be written
by bank depositors in this country
during 1924 and tAey will total about
$500, 1000 100000 In amount, or one hun
dred times the money in circulation.
Banks War on Crooks
The average bank :depositor when
queried as to what his bank does to
protect his deposits. will probably tell
you they are kept in great vault ana
that armed watchmen are employed,
as well as an elaborate and efficient
burglary and robbery alarm system
He may not7 know that the. $4,000
banksecomprising the American Bank
ers Association have constantly and
conveniently available an army of
highly trained specialists who wage a
continuous and relentless warfare
against the bank crin=nalS These
operatives are within easy reach of
any member bank. Criminals know
i that II they attack a member bank
!. they are attacking one of the most
powerful and effective protective or
CARNATIONS in existence
Another medium hy which bankers
prevent many financial crimes or
losses is the warnings continually
broadcast from the American Bankers
Association and forty-eight state
bankers associations These warnings
keep the trap constantly seSar-t carry
out the Associations Of crime
prevention as eoiitrasted with detec.
ton