McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 25 Nov 1968, p. 14

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PICK A NUMBER (No Two Numbers Alike) PICK A SHIFT ALL FULL TIME POSITIONS WITH EXCELLENT EARNINGS POTENTIAL. FOLLOWING IS THE NUMBER OF OPENINGS FOB MEN & WOMEN WE HAVE ON ALL OUR SHIFTS. MEN Set Up llti (light equipment and packaging equipment) 1st Shift 2 lii Shift Stock Men 1st Shift 15 Isii Shift Fork Lilt Operators 1st Siiift AND 12 MOLGERS and STOCK on the 3rd Shift Machine Operators (light to medium machines ) d Shift Sorters ( minor product inspection) 1st Shift 2nd] Shift Packagers ( kit and small boxes ) 10 1st Shift Order Pickers 1st Shift 19 A WE WILL BE INTERVIEWING FRIDAY. NOVEMBER 29. AND SATURDAY, NOVEMBER 30* OUR REGULAR HOURS. OFFICE HOURS: Monday thsomgh Fsidkf, 7:00 aon. to 6:00 p.m. . Sataday, 8sO0 a.m. i Why not work here in McHenry? BRAKE PARTS A Good Place To Work 1600 N. INDUSTRIAL DR. McHENRY (Behlad Hie McHenry Market Place) PHONE 815-385-7002 On Friday, Nov. 8, the McHenry State Bank put all checking accounts on the computer. This was the climax of months , of preparation. The Bookkeeping department under the able guidance of Mrs. Lillian Cairns, had done an excellent job of handling the more than 8,000 checking accounts, but it became more apparent with each passing day that the systems and methods used could no longer keep up as the McHenry State Bank resources neared $40,000,000. At the direction of the board of directors, the McHenry State bank officers investigated and explored the possibilities of^many different bookkeeping methods. This research was done under the direction of Vice - President Richard J» Zieman. Early in 1968, the decision was made to contract with the Northern Trust company of Chicago to have McHenry State Bank Bookkeeping done on Northern's computer. The Northern Trust company has served as the local bank's main Chicago correspondent for many years. The close relationship between the two banks for many years was a contributing factor in the selection of a final system. The most important reason for selecting this system, however, was that Northern's system was designed by bankers to do a bank operation. Many other computer centers, while doing an adequate job, are not entirely oriented towards the commercial bank operation. Another important reason for selecting Northern was that the actual items, such as checks and deposits, will always be in the McHenry State Bank during banking hours. The work will leave McHenry by armored car in the late afternoon and be back at the bank fully processed before the opening of business the following day. The present system also provides for many more reports in detail that will help in the operation of the bank. PREPARE FOR THECHANGE Auditor Edwin J. Becker, Jr. who was assisted by Assistant Cashier Lillian Cairns, and Fred Kupstis, was put in charge of preparation for the change - over. This preparation resulted in many extra hours for the entire Bookkeeping department and their willingness on Wednesdays and extra hours was the main contributing factor in the bank being ready for the switch over date. All customer checks hadtobe redesigned to include the bank routing number and the individual account number in magnetic ink. This ink can be read by the I.B.M. 1419 Reader-Sorter. The system of printing customers' checks on the premises had to be abandoned because the on premises equipment could not do a satisfactory job with the magnetic ink. Numbers printed by magnetic ink are the key to, this computer system. All checks to be processed musMn elude at least three sets of magnetic ink numbers. The number to the left is the bank A.B.A. number. This number is similar to the zip code numbers but has been used by the banking industry for many years before the zip code was thought of. The center set of figures would be the account number, and the numbers on the right is the amount of the check. This final number is encoded by the proof machine or inscriber. The odd little symbols on either side of the numbers are instructions to the encoder to start or stop reading. Several weeks were spent with Flexowriter, which is a machine similar to a typewriter, preparing a punch tape. Each customer's name, address, and any other pertinent account information was' put on a punch tapei ^ This tape is then run through a special letter, which produces I.B.M. cards to be read by the computer. More than 34,000 I.B.M. cards were needed to accomplish this task. SERVICE CHARGE The service charge was scheduled for each type of account and was programmed into the computer. With the use of the new I.B.M. 1260 proof machines, float, average balances, and service charges can be automatically calculated by the computer. The individual bank statement will now include the current monthly service charge, rather than the previous month's charge, which was necessary under the old machine. Some confusion has been created regarding service charge, but it was impossible to compute the current service charge with a manual system. The computer figures the charge as it goes along. While the computer reads account numbers only, each customer's name is printed on all reports. Under this system, the T EXTENDS BEST WISHES m FOR A HAPPY w THANKSGIVING HOLIDAY! TO MAKE YOUR ENTIRE HOLIDAY SEASON EVEN MORE HAPPY, WE OFFER STEADY EMPLOYMENT IN SEVERAL OCCUPATIONS. DAYS & NIGHT© Apply Im Fes-sonnel Office Daily, M©ia<flay Thrra Friday 8 A.M. to 4:45 P.M. OAK MANUFAffHRIIfi© CO, A OIVISION OF OAK ELECTKo/wGTlCS South Mala Street Ph@n© 459-5000 CRYSTAL LAKE. ILLINOIS AN EQUAL OPPORTUNITY CMPLOVSH customer still retains his identity and is not merely a number. In many of the systems that were inspected and rejected, too much emphasis was put on numbers and not enough emphasis on individual identity. On Nov. 7, the computer produced an I.B.M. .card for each individual account. The Bookkeeping Department made a cutoff statement for each, account and then transferred the balance to the card. The cards were then sent to the computer centek^ where the balances were inserted by the key punch machine. When the 8,500 cards were put into the computer, the McHenry State Bank was actually automated. Some of the machines that had served so well were ready for a long: and possibly permanent vacation. On Friday evening, Nov. 8, all checks „and deposits were sent by armored carrier to the computer center, where the routing number, account number, and amount was read by the 1419 Reader - Sorter at the rate of 1,500 items per minute. The computer posted alt the transactions at the rate of«? 900 lines per minute. These reports returned by armored carrier and were ready at the McHenry State Bank at 8:30 Saturday morning. ASSIST IN TRAINING Five computer specialists from No3rth^irtiiTr^ist spent-the first week assisting in training the McHenry State Bank bookkeepers in their new duties. The new system has replaced many pieces of outdated equipment. These bookkeeping machines had served well during the many years, but replacement of worn equipment was not readily available. There have been many systems through the years that have been developed and discarded by the bankingHndus- UGALKOTICf NOTICE Public Notice is hereby given that on November 15th, A.D., 1968 a certificate was Hied in the Office of the County Clerk of McHenry County, Illinois, setting forth the names and postoffice addresses of all of the persons owning, conducting and transacting the business known . as YORK CONSTRUCTION COMPANY, located at 3619 Waukegan road, Illinois. Dated this 15th day of November, A.D. 1968. Vernon W. Kays County Clerk Publish: Noy. 25, Dec.4,11,1968 try. The board of Directors at McHenry State Bank feels the computer is the ultimate in the bank bookkeeping operation but that the individual is still most important. The' fine bookkeeping staff that has served so well will be re-assigned in different duties in the Bookkeeping Department and throughout other departments of the bank. People are still most important. A slogan in the computer industry is "Garbage in, garbage out" or in other words, if material fed to the computer is not properly prepared by individuals, the resulting product ,from the computer will be unsatisfactory. The Northern Trust company which as one of the most modern computer systems in the world, uses I.B.M. equipment. The computer center contains two model 30 and two model 50 computers and eight No. 1419 Reader-Sorters. The Reader- Sorter reads at the rate of 1,- 000 checks per minutes, while the information is being put on magnetic tapes. These tapes contain about 20,000 characters cm one inch of tape. The net result of all of this is that the McHenry State Bank's 8,500 accounts are processed in only eight minutes each evening. The actual posting of debits and credits takes two to three minutes. This replaces a system that took five bookkeeping machines approximately four to six hours a day. The system has changed but the individual, both as a customer and within the bank is still of primary importance. lIGAltKE NOTICE The next regular meeting of the Board of Trustees of the McHenry Township Fire Protection district will be held on December 5th at 8 p.m. at the fire house in McHenry. In the future, all meetings will be held on the last Thursday of each month commencing in January. (Publish Nov. 25, 1968) LEGAL NOTICE IN THE CIRCUIT COURT OF THE 19TH JUDICIAL CIRCUIT, McHENRY COUNTY, ILLINOIS PROBATE DIVISION ESTATE OF SILVIO A. PIOLI Deceased, FILE NO. 68-P-280. Notice is hereby givenpursuant to Section 194 of the Probate Act, of the death of the above named decedent and that letters TESTAMENTARY were issued on November 18, 1968 to Donald D. Pioli, 1260 North Dearborn Parkway, Chicago, Illinois, whose attorney of record is Epstein, Grosby and Lapping, 33 N. LaSalle St., Chicago, Illinois, and that the first Monday in the month of January, 1969, is the claim date for the estate. Claims against said estate should be filed in the Probate office of the Clerk of said Court, County CourtHouse, Woodstock, Illinois, and copies thereof mailed or delivered to said legal representative and to said attorney. MARGARET CNEIL Clerk of the Court (Pub. Nov. 25, Dec. 4, 11, 1968) LEGAL NOTICE IN THE CIRCUIT COURT OF THE 19TH JUDICIAL CIRCUIT, McHENRY COUNTY, ILLINOIS PROBATE DIVISION ESTATE OF WALTER E. WINN, Deceased, FILE NO. 68-P-287. Notice is hereby given pursuant to Section 194 of the Probate Act, of the death of the above named decedent and that letters TESTAMENTARY were issued on November 18, 1968, to Louis J. Winn, 9103 U.S. Route 12, Richmond, Illinois, whose attorney of record is Edward C. Jacobs, 425 Lake Street,'Antioch, Illinois, and that the first Monday in the, month of January 1969 is the claim date for the estate. Claims against said estate should be filed in the Probate office of the Clerk of Said Court, County CourtHouse, Woodstock, Illinois, and copies thereof mailed or delivered to said legal representative and to said attorney. MARGARET CNEDL Clerk of the Court Publish: Nov. 25, Dec. 4,11,1968 THOMAS JEFFERSON "We hold these truths to be self-evident,--that all men are.created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness." The Declaration ot Independence Buy U.S. Savings Bonds, new Freedom Shares

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