The Galaxy, May, 1877: Vol. XXIII.—May, 1877.—No. 5.Various
General
The Galaxy, May, 1877: Vol. XXIII.—May, 1877.—No. 5.
Various
American literature -- Periodicals
The work of the second assortment is by most clerks pretty easily
learned, and upon this beginners are usually placed. The mechanical
difficulties are, however, the same as those already noticed in
connection with the first assortment; and speed can be acquired only by
long and diligent practice. The agency offers few attractive positions
to a clerk, whatever his grade. Currency long in circulation becomes so
mutilated as to be difficult to handle. It is soiled and dusty, and
often emits the most disgusting smells. One memorable shipment of
several millions from San Francisco still lingers in the recollection of
the unfortunate clerks, who spit and sneezed over the filthy mass. The
notes were begrimed with every soil of the Pacific slope, and made
odorous by association with every species of vice and uncleanliness to
which human flesh is subject. The labor of the assorter and counter,
even at the best, is severe and unpleasant; while from motives of
economy the task is heaped up to the maximum and the pay cut down to the
minimum.
The next process after assortment is to "make up" all the packages of
all denominations into bundles, each containing only notes of a single
bank. For this purpose the currency of active banks is delivered from
the assorters through the teller to a "maker-up" who takes an inventory.
Next day he assorts the packages of a group in a till similar to those
already described, except that it is laid flat upon a low counter. Then
he takes the contents of a box, ascertains, by examining the upper note
of each package, that the money is all the issue of a single bank, and
writes in ink upon a blank label the title of the bank, the amount of
each denomination, and the total of all, signs and dates this, and
straps it upon the bundle. Having emptied all the boxes of his till in
this manner, he prepares a list of the amount of each bank's money made
up, and verifies his work by comparing the footing with the total
charged to him on the previous evening. This list is delivered to the
bookkeepers, and upon it the accounts of the agency are based. From
motives of saving in express charges, when the total of a bank's
currency in the till is less than five hundred dollars, the money is not
made up, but thrown aside as "odds," together with all excess over even
thousands of dollars, when such excess is less than five hundred. These
"odds" are returned, after account, to the vault. The work of making up
employs from two to four persons constantly. Absolute correctness is of
high importance, and great painstaking is required. Even a moment's
relaxation of attention is likely to produce an error which, if not
discovered, would involve the misplacement of hundreds or thousands of
dollars. Fortunately, the system of checks and proofs is so thorough
that all errors are discovered unfailingly, and the consequences
confined to the agency. The different colored straps noticed in use for
Public-domain text, read in full here on John Shaqi.
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