[26]

Now, banks and clearing houses through which the check passes moving ahead their house press and other information concerning a back
[26]
Now, banks and clearing houses through which the check passes moving ahead their house press and other information concerning a back. Our illustration shows back parts of two checks which 'have gone'. Millions dollars are collected by banks daily thus, and all without the expense to their clients. It is considered, that these collections stand to banks of New York more than two million dollars a year in interest loss, while checks in a way. Ten thousand letters of a collection are sent daily by banks of one only New York.
IX. COMMERCIAL PROJECTS