Bank, New York

CHARGED

LEDGER STATEMENT OF THE ACCOUNT

WHERE PAYABLE

DATE OF PAPER

AMOUNT

DEBIT BALANCES

CHARGES

CREDITS

CREDIT BALANCES

1400

CO

Your bank

Feb.

1

500

90

Ninth National

1

G50

Traders Nat'l, Brooklyn

2

750

Second National

2

920

2820

90

7500

10320

90

9115

75

2G95

75

1000

3620

90

G590

95

15

10210

90

This morning's mail contained the following amounts from the banks named, for credit. Enter the amounts in the remittance register, being very careful to record everything correctly. Study the accompanying model. Only the total remittances are given below, since the items need not be recorded in the remittance register. The letters containing an itemized statement of this paper are filed for reference, and may be examined whenever it is necessary to look up any of the details relating to any particular remittance.

Traders National Bank, Buffalo

$1142.90

Bank of Commerce, Baltimore

1642.95

Fourth National Bank, Chicago

4694.25

Chemical National Bank, New York

560.20

Manufacturers and Traders Bank, Philadelphia

4500.

Chase National Bank, Providence

1721.42

Farmers Bank, Albany

4921.62

Alliance National Bank, Springfield

3752.88

Form of Letter advising Remittance of Cash Items for Credit

HENRY L. MILLER, President GEO. A. DUNKLE, Vice President

G. W. WILLIAMS, Cashier

Manufacturers and Traders Bank

Philadelphia, pa., feb. 27, 19 -

Mr. €. C. paiqe,, Cashier

Commercial National Bank,

Boston, Mass.

Dear Sir,_ Please find herewith for CREDIT to our account the items listed below.

DATE

DRAWEE

ITEMS

AMOUNT CHARGED

feb.

24

City National, Cambridge

750

23

your, Bank,

240

25

Old Colony National

600

90

!590

90

Very respectfully yours,

G. W. Williams, Cashier

The following are the drafts drawn on Chemical National Bank, New York, as per stubs in the draft book.

No. 430, $1500; No. 431, $500; No. 432, $750; No. 433, $420.50.

Enter the foregoing drafts in the draft register. Foot the draft register and credit Chemical National Bank in the remittance register for the total. Check the amount transferred.

The Draft Register. - Bank drafts are taken from a book resembling an ordinary check book. They are in reality checks of one banking institution upon another banking institution. In due time they find their way to the banks upon which they are drawn; they are charged to the banks drawing them, and then returned in much the same manner as the checks of resident depositors. These drafts are transferred from the draft book to the draft register, - a blank provided with two columns, one for the numbers, and one for the amounts of the drafts. At the close of the day the draft register is footed, and the total compared with the footing of the draft column of the paying teller's daily check sheet, and posted to the remittance register.