Boston Clearing House Proof
Description
This section is from the book "Bookkeeping: Banking", by George W. Miner. Also available from Amazon: Bookkeeping: banking.
Boston Clearing House Proof
Tuesday, May 20, 19 -
NO. | BANKS | BALANCES DUE TO CLEARING HOUSE | BALANCES DUE TO THE BANKS | NO. | ||||||
BANKS DR. | BANKS CR. | |||||||||
1 | Massachusetts National | 137116 | 01 | 691195 | 70 | 554079 | 09 | 1 | ||
2 | National Union | 37417 | 48 | 391522 | 85 | 354105 | 37 | 2 | ||
3 | Old Boston National | 80101 | 85 | 243422 | 29 | 157320 | 44 | 3 | ||
4 | State National | 454779 | 21 | 567671 | 69 | 112892 | 48 | 4 | ||
5 | New England National | 190038 | 36 | 240816 | 86 | 50778 | 50 | 5 | ||
12 | Atlantic National | 140654 | 11 | 227212 | 02 | 80557 | 91 | 12 | ||
13 | Merchants National | 132056 | 29 | 1351212 | 39 | 1219156 | 10 | 13 | ||
15 | National Hamilton | 54170 | 54 | 395649 | 79 | 341479 | 25 | 15 | ||
17 | Second National | 613635 | 51 | 1104116 | 94 | 490481 | 43 | 17 | ||
18 | Atlas National | 102568 | 01 | 398617 | 81 | 296049 | 80 | 18 | ||
20 | National Shawmut | 335824 | 88 | 4109685 | 50 | 3773860 | 68 | 20 | ||
21 | National Exchange | 38771 | 98 | 938973 | 65 | 900201 | 67 | £1 | ||
22 | Nat'l B'k of Commerce | 908658 | 45 | 1174063 | 77 | 265405 | 32 | 22 | ||
24 | Faneuil Hall National | 23808 | 97 | 189501 | 57 | 165602 | 60 | 24 | ||
25 | National Webster | 54331 | 39 | 65216 | 89 | 10885 | 50 | 25 | ||
26 | Eliot National | 89405 | 03 | 1196253 | 14 | 1106758 | 11 | 26 | ||
28 | Suffolk National | 94489 | 10 | 690275 | 61 | 595786 | 51 | 28 | ||
31 | Freemans National | 111167 | 50 | 155111 | 74 | 43944 | 24 | 31 | ||
32 | Boylston National | 68422 | 21 | 81747 | 05 | 13324 | 84 | S2 | ||
37 | Nat'l Bank Redemption | 2409865 | 14 | 2416470 | 23 | 6605" | 09 | 37 | ||
39 | First National | 122675 | 28 | 539383 | 18 | 416707 | 90 | 39 | ||
41 | Nat'l Bank of Republic | 1086691 | 28 | 1279888 | 23 | 193196 | 95 | 41 | ||
43 | Mt. Vernon National | 11046 | 74 | 76455 | 77 | 65409 | 03 | 43 | ||
46 | National Security | 4121 | 03 | 74626 | 44 | 70504 | 81 | 46 | ||
49 | Central National | 68804 | 57 | 317969 | 52 | 249164 | 95 | 49 | ||
50 | Colonial National | 3338 | 12 | 262315 | 20 | 258977 | 08 | 50 | ||
51 | Fourth National | 371878 | 03 | 476835 | 03 | 104957 | 51 | |||
52 | Metropolitan National | 2830 | 85 | 78607 | 03 | 75776 | 18 | 52 | ||
53 | Winthrop National | 210240 | 230718 | 68 | 20478 | 68 | 53 | |||
55 | Mechanics National | ' 34280 | 07 | 108049 | 77 | 73763 | 10 | 55 | ||
56 | Commercial National | 14493 | 34 | 144410 | 69 | 129917 | 35 | 56 | ||
100 | Boston Clearing House | 1816532 | 10 | 1816532 | 10 | 100 | ||||
Aggregates | 1393507 | 94 | 20641021 | 25 | 20641021 | 25 | 1393507 | 94 | ||
the point from which he started, and the settling clerk has on his desk exchange packages received from each of the other banks. Being now at liberty, each delivery clerk gathers up the packages against his bank, usually called Debit Exchanges, and returns with them, while the settling clerks remain until the clearing-house proof has been made.
After the amounts of all the exchange packages have been properly entered, the settling clerk proceeds to foot his statement and ascertain the amount his bank is to receive or pay. He then makes out a balance ticket, which is sent to the proof clerk's desk. This ticket shows the total exchanges brought to and received at the clearing house, together with the balance to be received or paid by his bank.
Continue to:
My Books
