. Modern banking methods and practical bank bookkeeping; illustrated with over two hundred forms of bank books, records and blanks. to prove up his work every night, of course turning over all hisreceipts to the teller. To enable him to do this properly a settlementbook is used, and Fig. 115 shows the adjoining pages of such a bookin use by some banks. Fig. 115 shows the left-hand page. Upon this is entered in thefirst left-hand column the amounts of interest or discount receivedfrom loans. Next are three columns showing respectively the num-bers, names and amounts of the loans that have been
. Modern banking methods and practical bank bookkeeping; illustrated with over two hundred forms of bank books, records and blanks. to prove up his work every night, of course turning over all hisreceipts to the teller. To enable him to do this properly a settlementbook is used, and Fig. 115 shows the adjoining pages of such a bookin use by some banks. Fig. 115 shows the left-hand page. Upon this is entered in thefirst left-hand column the amounts of interest or discount receivedfrom loans. Next are three columns showing respectively the num-bers, names and amounts of the loans that have been repaid that the lower left-hand corner is shown the proceeds of discounts thathave been credited to various depositors under their proper respect-ive individual ledgers. Fig. 115 (continued) shows the right-handpage, and here in the first left-hand column is shown the checks re-ceived upon the home bank in repayment of loans or payment of in-terest. In the next column are seen the loans or discounts made dur-ing that day, as shown by the discount register. Below these are 202 MODERN BANKmO METHODS. Loans and Discounts. c^^. ^f7 H7 / V6 Fig. 115,—Discount Clerks Settlement Book seen under their proper heads the checks on other banks, renewals,etc., received in settlement. The next column is the balancing col-umn in which the proof of the work is shown. The item tellers Land D means a loan made and paid over the coimter by the teller ona Cashiers order or check. An improvement upon this form could, I think, be made whichwould occupy only one page instead of two. Let the discount reg-ister be the complete record for the history of each loan, showing theinterest or discount, and the net proceeds. Let the tickler show thecomplete record of repayments. This will then avoid the necessityof entering the loans, and repayments, and interest in this balancebook in detail; it simply being necessary to enter the totals as shownby the discount register and tickler. The items ma
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Keywords: ., book, bookcentury1900, bookdecade1900, booksubjectbanksandbanking
