| Show billions in checks the great bulk of all payments ir ii tills this country involve a debit on tha the books of a bank mostly they are madel madei by indans of a check which Is charged charge g to the drawers account R recorded ode clearings of bank checks ia last t ye yea amounted to a hundred and eighty od odd billion dollars but as we mentioned a little while ago clearings involve only those checks that are deposited ini some bank other than the one dupons they are drawn and in clotiel clelea large barge enough to maintain clearing clear inq associations an investigation by bradstreets ln in 17 cities indicates that total barnhi debits are two and a halt half times thel amount lamount of clearings als n would cimpl that payments made last year through banks anks in cities large enough to maln tain lain clearing house associations were nearly WO the saturday evening post observes add to thai alia hamments hay ay ments in lesser cities and towns town and d you will have an approximately erect correct notion of the amount of moneys money which passes from one hand to another lt in n the course of 0 9 year the amount amount that in one way or another we pay ouri our selves for all exchange of goods korv ices and so BO on it makes a pile |
