The practical work of a bank : a treatise on practical banking which aims to show the fundamental principles of money, the practical work of a bank in detail, and particularly, credit in its relation to banking operations . is adopted, with the writingon the outside and the address at the head of the letter show-ing prominently. The letter writers put a rubber bandaround each letter to carefully retain the enclosures, andthese folded letters are placed in trays and sent to the mail-ing clerks. From the address on the outside the mailingclerk readily selects the proper envelopes. As the envelop
The practical work of a bank : a treatise on practical banking which aims to show the fundamental principles of money, the practical work of a bank in detail, and particularly, credit in its relation to banking operations . is adopted, with the writingon the outside and the address at the head of the letter show-ing prominently. The letter writers put a rubber bandaround each letter to carefully retain the enclosures, andthese folded letters are placed in trays and sent to the mail-ing clerks. From the address on the outside the mailingclerk readily selects the proper envelopes. As the envelopes are filled they are taken to the sealers,where they are sealed by a machine run by electricity. Theletters requiring more than t^vo cents postage are then sep-arated from the others, weighed, and placed in bins that arelabeled according to the postage required, those requiring 626 THE PRACTICAL WORK OF A BANK only two cents postage having already been placed in a binlabeled accordinoiv. A great many postal cards are used as mere acknowledg-ments. If there are letters to the banks to which any postalcards are addressed they are enclosed in the letters. If not,they are, of course, mailed wdth the one-cent the XATIOXAL automatic SEALIXG AXD STAaiPIXG 3IACHIKE WITH THIS MACHIXE IT IS POSSIBLE TO SEAL AND STAJIF^ SUCCESSFULLY^ 10,000 ENVELOPES AN HOUR OR TO SEAL ALOXE 15,000 AN HOUR IT WILL HANDLE ANYTHING FR03t A SINGLE SHEET OF PAPER TO A 36-PAGE CATALOGUE IT COUNTS AND REGISTERS EVERY STAMP USED, THUS ELI3IINATING THE LOSS OF STAMPS THROUGH MISUSE ORCARELESSNESS (Courtesy of National Automatic Machine Co., Brattleboro, Vt.) The bins mentioned are built on the back part of themaihng table. They are about eighteen inches square, madeabout one foot high at the back and low in front (aboutfour inches). They are generally in two rows, eight or tenin a row, one row above and a little back of the other, eachbin being labeled with the proper postage is marke
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Keywords: ., bo, bookcentury1900, booksubjectbanksandbanking, booksubjectmoney
