90. Clearing House Items

The items included in exchanges for clearing house are carried to the proof book in total from a record prepared as follows:

The teller's assistants take the checks which he receives from time to time and sort them up for listing. The items for the clearing house are sorted into a "rack" or set of pigeon holes above their desks. Each bank in the clearing house has a number assigned to it and has a box in this rack. As soon as sufficient items have accumulated in the rack to make it worth while, the assistants begin to list the items on slips, a copy of which is shown in Figure 63 on page 140. These slips may be inserted in an adding machine or machine lists made on narow machine paper. A footing is struck every time checks are added and entered again at the beginning of a new slip when other checks are added.

No. 3.

From Liberty National Bank.

June 30/1909.

$ 472.20

328.60

198.00

25.00

37.50

26.82

1,000,00

$2,088.12

175.00

150.00

78.20

$2,491.32

Receiving Teller

Clearing House Sheet

May, 5th, 1909

1

2

3

4

5

6

7

8

9

10

11

12

■

Summary

1

2

3

4

5

6

7

8

9

10

11

12

.

Total

Figure 64. Teller's Clearing House Sheet.

As a proof of these clearing slips, another clerk lists the items on a clearing house sheet which is retained by the bank, while the slips mentioned before are sent with the checks to the bank on which the checks are drawn. The clearing house sheet is simply a columnar-ized sheet, as shown in Figure 64 on page 141. If the work is very heavy, this sheet may also be made up on several sheets similar to the deposit scratcher. The clerks soon learn how much space to leave for each bank. If the items which have been listed are placed beneath the slips, the clerks are able to sort other checks into the boxes and know just where to begin when opportunity offers to list again. When the total of items for clearing house has been ascertained, the teller enters it in his proof book.