This section is from the book "Banking Principles And Practice", by Ray B. Westerfield. Also available from Amazon: Banking principles and practice.
1. The Bond Division handles the incoming and outgoing mails that pertain to government bonds, the loans records, and records of individual subscriptions; the conversion, registration, exchange, transfer, and preparation of the bonds; the work in connection with the war savings stamps and thrift stamps; and all incidental work.
2. The Coupon Paying Division pays due coupons from the United States government securities, the British government securities, the federal farm loan bonds, and the issues of the War Finance Corporation.
 
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