Banking, ancient and modern ..together with full instructions as to the business methods of the Treasury Department at Washington, . pleted,the prover signsand dates the schedule, securely ties the notes that are to be returned tothe bank of issue, and carries the parcel to the desk of the sealer, whowraps and seals it under the provers eye, first cancelling the notes thatare to be destroyed by cutting off the lower corners. The package isthen returned by the prover to the delivery clerk, who gives his the day following the making up of a group the notes are deliveredfrom the
Banking, ancient and modern ..together with full instructions as to the business methods of the Treasury Department at Washington, . pleted,the prover signsand dates the schedule, securely ties the notes that are to be returned tothe bank of issue, and carries the parcel to the desk of the sealer, whowraps and seals it under the provers eye, first cancelling the notes thatare to be destroyed by cutting off the lower corners. The package isthen returned by the prover to the delivery clerk, who gives his the day following the making up of a group the notes are deliveredfrom the Agency to the United States Exjiress Company or the Comp-troller of the Currency, according to the classification rf the parcels,the delivery clerk taking receipts in favor of the Treasurer of theUnited States as redemption! agent on blank f^rm previously prepared 64 The exceptions to this course are in the case of banks whose redemp-tion account is overdrawn,and of amounLa less than the minimum sum putinto a package. In the former case the deHvery is suspended until theaccount is made good, and in the latter the notes are II. J. ):!-; CASHIER OLD NATIONAL HANK, () KAIIDS, MIOH. COMPTROLLER OK THE CURRENCY. REDEMPTION OF THE NATIONAL BANK l^ank Currency is received by the Redemption Division, eitherdirect from the bank of issue, the United States Treasurer, or theNational Bank Redemption Agency. The daily receipts of packages of 65 currency, which come sealed, are subject to count. The packages re-ceived are entered on a register, arranged alphabetically and numeric-ally, and entered in counters receipt books for their verification. Aschedule is made of each package and series of currency containedtherein, which gives charter-number and name of bank and numberand value of notes. After verification the curnncy is returned to theclerk in charge of the register who gives his receipt therefor to thecounters. The schedules are exainined an
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Keywords: ., bookcentury1800, bookde, booksubjectbanksandbanking, bookyear1895
