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 . dngodd change are great time savers. Within the last few years a machine has been introducedinto the banking business which, next to the adding machine,is the greatest time saver ever given to the tellers depart-ment. This is the automatic coin-rolling machine, which,under electric power, counts, rolls and wraps tightly andvery speedily and accurately all classes of fractio
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 . dngodd change are great time savers. Within the last few years a machine has been introducedinto the banking business which, next to the adding machine,is the greatest time saver ever given to the tellers depart-ment. This is the automatic coin-rolling machine, which,under electric power, counts, rolls and wraps tightly andvery speedily and accurately all classes of fractional andminor coin. The edges of the wra])pers are tightly crimpedlike those of a paper cartridge, leaving exposed a coin oneach end of the roll. The wrapper cannot be opened with-out tearing, and by rolling wdth the machine all coin depos-ited, one can avoid the predicament of a bank which found 94 THE PRACTICAL WORK OF A BANK. m^^^^tttnttnrrrt>!a*Bi THE PAYING TELLER 95 in its cash some neatly measured lengths of gas pipe masque-rading as rolled coin. The tellers cash is sorted into the various classes formaking up the resei*ve, for all cash cannot be held in theresei-ix; therefore, the cash is classified and a record kept tifthe gold and silver, gold and silver certificates, legal tenders(greenbacks), national bank notes, clearing-house certifi-cates. Federal Reserve notes and the subsidiary coin. Thevarious amounts are listed on the tally slip which forms partof his daily proof. Systematic arrangement of his money isessential if he is to work quickly, as well as efficiently—knowing just where to find what he wants, in the forniwanted. Of course, all cash is put in the vaults at night, but manya teller has gone back after supper to be sure he left no cashout, and one Boston janitor is on record as having taken along trip on the money a forgetful (they are never careless)teller left in the dr
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Keywords: ., bo, bookcentury1900, booksubjectbanksandbanking, booksubjectmoney
