amount, $8806.31... Total interest credited, $403.69. (Give Interest account four lines space as shown in general credit book.)

Paid note made by Hibernia National, New Orleans, due to-day, payable at this bank, for $40000, as per charge ticket issued by third teller. (In most cases of this character the note would be certified.). Bills discounted debited as per discount register, $387035.19....Exchange, Discount, Dealers, and Cashier Account, credited as per discount register for this day.

The following loans were paid to-day: Demand-1225, C. H. White & Co., $37600; interest, $12.70.... 1216, Union Trust Co., $125000; interest, $208.33....#1204, Kountze Bros., $18213.62; interest, $10.17.... Total interest credit, $231.20.... Time-#1221, Laidlaw & Co., $7129.50... #1206, Spencer Trask & Co., $33180.... 1198, F. M. Lockwood, $74000.... Denny, Poor & Co. request us to charge their account with loan 1208 due to-day, $8750.

Bills discounted due to-day per tickler have been paid in cash, with the following exceptions: Discount #11400 has been protested for non-payment and charged to J. H. Newman; protest fees, $1.85....Gilbert Manufacturing Co. request us to charge their account with discount #13111.... Boatmen's Bank, St. Louis, telegraph us to charge discount #13792 to their account....Thomas Hill having failed, we charge discount #14113 to Profit and Loss.... Discount # 14354 being payable at this bank is charged to the account of Morton, Bliss & Co., notice of this disposition being sent them by letter.

First National, Chicago, enclose draft on their general account for $17420.90 with instructions to place to credit of their collection account.

Hibernia National, New Orleans, enclose their draft on us for $54000 and advise us to credit their

collection account.

Detroit National requests us by letter to charge its general account $4758.62 for credit of its collection account, the items having been previously advised and exchange deducted at time of advice.

Letters advising the collection of time items were received as follows, the proceeds being charged to their collection accounts from the general debit book:

National Bank of Redemption, $14295; charges, $14.30.... Bankers' National, $17521.60; charges, $17.52....Denver National, $954.35; charges, 48c....Central Loan & Trust Co., $12980.40; charges, $12.98.... Galveston National, $125.50; charges, 30c....Old National, $13950.75; charges, $13.95....Hibernia National, $1275; charges, 64c.... Bank of California, $174.25; charges, 17c....Boatmen's Bank, $12900; charges, $6.45....Second National, $425.37; charges, 55c....Columbia National, $15720; charges, $19.65....Total exchange debit, $86.99.

The above time collection advices include credits to be made to the following accounts:

Bills discounted, $20000.... Atlanta National, $2117.50, less exchange, $2.12.... First National, Chicago, $7340.75, no exchange.... Detroit National, $1050, less exchange, $1.05.... Boatmen's Bank, St. Louis, $14290.18, less exchange, $7.15....Columbia National, Washington, $4150, less exchange, $4.15....Bank of. California, $3726.49, less exchange, $9.32.... Bulkley, Dunton & Co., $4697.18, less exchange, $4.70.... Denny, Poor & Co., $8260, less exchange, $10.33.... New York Rubber Co., $4395.40, less exchange, $4.40.... Steinway & Sons, $1980, less exchange, 99c.... United States Leather Co., $12124.50, no exchange.... W. F. Wakeman, $6190.22, less exchange, $7.74....Total exchange credit, $51.95.

[When dealers and correspondents are charged the same amount of exchange as we pay to have the items collected, the net amount may be credited and no entry made for the exchange except in case of bills discounted. In this latter case, we would debit Exchange account for the amount deducted, inasmuch as it would be the only loss on exchange which we would sustain. In the above entries we have debited exchange for the amount charged by our correspondents, and credited exchange for the different amounts which we have deducted from the credits to dealers and correspondents for whom the items were collected.]

Checks certified this day as per certification-book of first teller: A-L, $91558.92; M-Z, $133477.07. National Bank of Redemption, Boston, instructs us by telegram to transfer $25000 to the account of Flour City National, Minneapolis.... Paid express charges on currency sent by City National, Dallas, $21.75.... Metropolitan Bank, Buffalo, notify us by letter to forward $7500 to Columbia National, Washington, D. C., for credit of their account (cashier's check).... Paid express charges on coupons forwarded by Bank of California, Sep. 29, $1.13.

Paid expenses as follows: Mutual Life Insurance Company, rent for 3 months from Oct. 1, $3000.... Corlies, Macy & Co., stationery, $37.18.... Thomas & Son, coal, $22.50....Director fees, $45....Telegrams, $3.40....Electric Light Co.'s bill, $6.93 ...September salaries, $3350. (Such of these expense items as were paid by cashier's check will be found itemized under "cashier's checks issued.")

Received check from Treasurer U. S. in payment of quarterly interest on $200000 U. S. Bonds, 4 per cent., $2000.... Received quarterly dividend of 2 per cent. on $50000 Hoffman Machine Co.'s stock, $1000.

The following collection items due in this city to-day have been protested for non-payment and returned, the protest fees being charged to the correspondent which forwarded the paper for collection: National Bank. of Redemption-Hunt & Co.'s note; protest fees paid to notary in cash, $1.85....First National, Chicagodraft on E. O. Lawson; fees, $1.30....Detroit National-note signed by Stroeter & Son; fees, $1.50.

Industrial Trust Co. return unpaid check signed by J. A. Stuart, remitted to us by Hibernia National,. New Orleans, $47.28.... We return check remitted to us by Columbia National, Washington, payment being. refused by Court & Co., City, $372.85.... Bank of California returns note unpaid, left with us for collection by Morton, Bliss & Co., and charges our account with protest fees, $1.95.

[Checks returned to correspondents must be charged to their general account, as they were previously credited under that account when the checks were received as a deposit. Checks returned unpaid which were deposited by a dealer, are usually sent to the dealer and his check requested to cover the amount.]

The following notes due in this city to-day as per collection tickler have been collected for credit as specified: National Lafayette, Cincinnati, Porter & Co.'s note, $25450; exchange, $25.45.... Detroit National, R. E. Lamar, $470.80; exchange, 47c....Flour City National, Minneapolis, Hazard & Son, $9258.67; exchange,. $9.26.... Metropolitan Bank, Buffalo, Daniel Frohman, $36395.40; exchange, $18.20.... First National, Chicago, Western Electric Co., $78500; no charges. Charged to Western Electric Co. as per instructions.... National Commercial, Albany, L. E. Quigg, $7260; exchange, $3.63.... National Bank of Commerce, KansasCity, John Monroe & Co., $33296.87; exchange, $33.30....Total exchange credit, $90 31.

Certificates of deposit issued to-day: Ashley Ladue, $375.... Mrs. Gertrude H. Murdough, $500.... Charles H. Parkhurst, $3000........Edward A. MacDowell, $750.

Cashier's checks issued to-day: 7601, Harvey Fisk & Sons, $50000....7602, Dunham, Buckley & Co., $34750....#7603, Goldman, Sachs & Co., $47280.15.... 7604, Vermilye & Co., $195000.... 7605, W. H. Kimball, $8762.50....7606, U. C. Varick, $3135.58....7607, H-O Company, $12442.71 7608, Columbia National, Washington, D. C., $7500....#7609, Mutual Life Insurance Co., $3000....7610, Corlies, Macy & Co., $37.18....#7611, J. C. Hendrix, $833.33.... 7612, E. O. Leech, $416.67....➡7613, H. H. Swasey, $333-33 ....#7614, N. J. Stone, $166.66....7615, H. K. Nevius, $125....#7616, W. M. Bushnell, $125....#7617, J. W. O'Neill, $100 ...#7618, Bertha Crocker, $60....#7619, Charles Mann, $45....7620, S. Mountain, $75. Customs checks issued to-day: #381, Denny, Poor & Co., $3560.20.... 382, New York Rubber Co., #383, Edward King, $825....384, Andrew McLean & Co., $349.27....385, Denny, Poor & Co., #386, New York Rubber Co., $13.45....# 387, Andrew McLean & Co., $92. 18.

$1170 $24.75

The following checks and certificates were paid by the first teller, or received from the clearing-house : Cashier's Checks-7412, James G. Cannon, $8152.50....7535, Wm. H. Porter, $1942.21.... 7589, J. Edward Simmons, $92.46 ....#7592, Ellis H. Roberts, $160.48....#7594, W. H. Rogers, $38.04. #7599, Morton, Bliss & Co., $20000....#7611, J. C. Hendrix, $833.33.... 7612, E. O. Leech, $416.67.. #7613, H. H. Swasey, $333.33....#7614, N. J. Stone, $166.66....#7616, W. H. Bushnell, $125....#7617, J. W. O'Neill, $100.. .7618, Bertha Crocker, $60.

Certificates of Deposit-Charles Dudley Warner, $2500.... R. W. Gilder, $490....E. C. Stedman,. $72.16.... Mrs. William C. Whitney, $3450.90.

Customs checks returned by Assistant Treasurer: 374. $358.29....#375, $183.40....#376, $1269.95.... 377, $76.19...#378, $17.25....#379, $250....#380, $332.82.

Certified checks paid this day (these checks will first be entered in the certification-book under date of October 2, the amounts written in red ink and the total carried to the general debit book): Bulkley, Dunton & Co., $48700.... Knickerbocker Trust Co., $75000.... Morton, Bliss & Co., $35000....Samuel Sloan, $25000, $8618.14....Total, $192318.14.

The following correspondents should be credited for 1 month's interest upon the average monthly balanceof their accounts at the rate of 2 per cent. per annum :

Atlanta National, average balance, $15000.... First National, Chicago, average balance, $451900.... Bank of Kentucky, average balance, $107300.

[Correspondents who keep a deposit with us are allowed interest upon the average amount of their credit balances. The credit of interest to banks is usually made upon the last day of the month and an interest slip mailed to each bank, showing the balance for each day during the month, taken from the balance ledger after the exchanges from the clearing-house have been deducted for that day.]

Received certificate from Treasurer U. S. of the destruction of $3840 of mutilated notes belonging to this bank. Deposited this amount in subtreasury of New York in legal tenders.

[This amount is charged to Circulation account inasmuch as the circulation is reduced that amount for the time being. National banks pay a semi-annual tax of one-half per cent. upon the average amount of their circulation, it is therefore:

evident that this sum which is temporarily withdrawn from circulation should be deducted until the new notes have been received to replace them. The new notes will be forwarded from Washington upon advice of deposit by Assistant Treasurer, and upon their receipt Circulation account will be credited.]

Forwarded to Treasurer U. S. for redemption $20000 notes of other National banks, requesting him to send us $1 coin certificates in exchange.

[This will be charged to the account of Other Funds with Treasurer U. S.," which account will also be credited when the new certificates are received. The Treasury Department provides that the account of 5 per cent. Redemption Fund" shall remain at a fixed amount, which necessitates the keeping of sums sent to be redeemed, separate from that account. The express charges on amounts sent for redemption are paid one-half by the bank and one-half by the Treasury Department. The charges are deducted by the Treasurer from the amount to be returned, expense being debited when the funds are received and not when sent. Currency other than National bank notes is redeemable at any subtreasury of the United States, no entry being required as U. S. Certificates of Deposit or other funds would be received in immediate return.]

Exchange account debit: On foreign time collections which would have been entered in collection and remittance registers as per letters of advice, $86.99.... On cash collection remittances from collection credit book, $171.25.

Exchange account credit: On bills discounted as per discount register, $172.85.... Deducted from deposit tickets as shown under second teller's proof, $12.52.... On foreign time collections credited to dealers and correspondents, $51.95 .... On city time collections credited to correspondents as per city collection tickler, $90.31.