The Postal System of the United States and the New York General Post OfficeJefferies, Thomas C.
History
The Postal System of the United States and the New York General Post Office
Jefferies, Thomas C.
Postal service -- New York (State) -- New York; Postal service -- United States
[Illustration: Photo by Courtesy of Powers Accounting Machine Company
_Money order accounting machines in use at the New York General Post
Office._ ]
The employees engaged in handling these millions of orders are held
strictly accountable for the accuracy of their work, and if error occurs
resulting in loss, it must be borne by the person at fault.
The most modern methods of accounting are in use, mechanical
labor-aiding equipment being utilized wherever it is practicable. The
method followed is to perforate a card by means of a small electric
machine, so that the perforations show the various data upon the paid
money-order that are required to record the payment, the amount, etc.
These machines are operated by skilled women employees, trained in
methods of accuracy and speed, and whose rating and advancement depend
on their efficiency.
The cards are then fed into electrically-driven adding- and
printing-machines, known as tabulators, which automatically print upon
sheets, in columns, all the data shown by the perforations in the card.
From this machine the cards are transferred to sorting machines, which
operate at great speed and automatically set the cards up numerically
according to the numbers of the offices which issued them. Thereupon
other sheets are printed by the tabulators showing the orders in
their new and correct numerical sequence, these sheets being used
for searching purposes in the event of applications being made for
duplicates, etc.
Various other mechanical devices are employed in other branches of the
work, and the equipment is in all respects up to date, and minimizes
clerical work to the greatest extent.
_The Country's Foreign Exchange Clearing-House_
In addition to the work which is usually done in a post-office in the
issue and payment of money-orders, the New York post-office is the
International Exchange Office for the United States, handling all
money-orders passing between this country and Europe, South America,
Africa, etc. The volume of this business has been materially reduced
since the war, and is affected by the unsettled condition of the old
world finances, but it is nevertheless large, as shown by the figures
given below for the last fiscal year.
Number Amount
International money-orders certified to
foreign countries 722,321 $ 9,583,425.62
International money-orders certified
from foreign countries 112,292 1,802,902.66
The duty of purchasing foreign exchange also falls upon the New York
post-office, and the transactions in this are at times very heavy. The
total financial transactions of the Division of Money-orders, exclusive
of the postal savings, amounted last year to $235,133,669.03.
_The Postal Savings_
Public-domain text, read in full here on John Shaqi.
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