If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Question about US banking methods of the 1800s
Hi,
I have a number of stationery items form American banks dated 1880s. I wondered if anyone can give me the correct name for them... They have the bank's letter-head at the top, and then: "Dear sir, I enclose for collection and remittance." Below this, there is a list of amounts with names next to each. (Would these have been individual checks which were enclosed?) At the bottom, there is "Yours respectfully", then the cashier's name, signed. I'm guessing there must be (or was) a standard banking term for this item. Thank you, Jim Z |
Ads |
#2
|
|||
|
|||
Question about US banking methods of the 1800s
In article ,
Jim Z wrote: I have a number of stationery items form American banks dated 1880s. I wondered if anyone can give me the correct name for them... Below this, there is a list of amounts with names next to each. (Would these have been individual checks which were enclosed?) I don't know. But in the interests of idle speculation: If you have a number of these, can't you guess based on amounts, numbers per name, locale if any, etc as to whether they were checks or not? From page 443 of my older Soule's Accounts under Banking (1911): The general form of a letter transmitting collections is as follows: COLLEGE NATIONAL BANK OF NEW ORLEANS, NEW ORLEANS, Sept. 10, E. H. CLARK, ESQ., Cashier, Chicago, Ill. DEAR SIR:- We inclose for collection and credit, (or remittance) Frank Soule', on J. Wood, Sight $400.00. Very truly, A. L. CHAPPUIS, Cashier On page 445, Received the following Notes and Bills for collection: [various and sundry, not typed in] For directions how to write up these transactions see previous explanations on page 443. NOTE.-Remit A.J.S[...]Drafts to the Cotton Bank of Shreveport for collection and remittance. Remit [...] to City National Bank of New York, for collection and credit. Later on is an example of a Collection book in which these transactions are recorded. But there are no specific names for this type of letter. It sounds from this and other parts that your statements do not deal with checks but perhaps some sort of draft or something. [Does any of this material mention New Orleans or Louisiana?] |
#3
|
|||
|
|||
Question about US banking methods of the 1800s
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
some books on US business/banking | Richard Stockley | Coins | 0 | March 18th 05 02:21 AM |
some books on US business/banking | Richard Stockley | Paper Money | 0 | March 18th 05 02:21 AM |
some more boks on US banking/business | Richard Stockley | Paper Money | 0 | March 2nd 05 06:11 AM |
some books on international banking | Richard Stockley | Paper Money | 0 | February 28th 05 02:51 AM |
some books on worldwide banking | Richard Stockley | Coins | 0 | February 28th 05 02:47 AM |