US91905A - Improvement in commercial account-indicator - Google Patents

Description

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Letters Patent No. 91,905, dated June 29, 1869.

IMPROVEMENT IN' COMMERCIAL ACCOUNT-INDICATOR.

The Schedule referred` to in these Letters Patent and making part of the same,

To all whom 'it may concern Be it known that I, CHRISTOPHER Bnunscnwr- LER, of the city, county, and State of New York, have invented a'ne'w and improved Stock and Balance-Indicator; and I do hereby declare that the following is a full, clear, and exact descriptionv thereot', which will enable others skilled in the art to make and use the same, reference being had to the accompanying drawings, forming part ot' this specification.

This invention relates to a new andimproved method of showing or indicating the state ot' the account of those dealing in gold and stocks, with brokers and bankers, and for all operations of a similar nature 5, and

It consists in an apparatus composed of a skeleton tablet and changeable block?, containing names, words, letters, and tigures, whereby a quick, reliable, and legible exhibit is made by the book-keeper as often as may be required.

Inthe accompanying plate of drawings- Figure 1 is a face view ot' the indicator. Y

Figure 2 is a cross-section, through the line :c x of Iig.'1. l

Similar letters of reference indicate corresponding partsa,

.Practical accountants, cashiers, and tellers of banking-houses, stock-operators, mercantile houses, and factories, have daily experienced the necessity of some new and practicaldevice by which debit or credit balances, and the number of shares of stock (either short or on hand,) can be readily and concisely ascertained, without resorting to ledgers, balance-books, or other hooks of entry, besides the respective indexes thereto.

These operations, when performed by the most skilful accountants, always occasion too much loss of time and labor, especially in banking and stock-operations, where balances should be so arranged as to be seen at a glance. Successful operations in gold, stocks, and other speculating propeity, frequently depend on a single moment ottime, especially in an era ot' violent fluctuations.

In carrying out my invention, I provide small blocks, together with a systematic arrangement of printed numbers, names, and vwords thereon, which are made to tit into grooves in a skeleton tablet, so as to be readily changed, according as the respective accounts change.

A represents the tablet or indicator, which is'made or" wood or other suitable material, and of any desired size.

B represents the grooves in which the removable blocks C are placed, as seen in the drawing.

D represents partitions, by which the grooves are divided into spaces for designating the name of the tirm, the ditlei-ent kinds of stock or property operated in, and the balance at the right hand, which shows the condition ot' the account.

, The blocks which indicate the name of the iii-m and also .the balance, are made with grooves, to receive slips of paper. containingthe name and igures, as seen distinctly at e, tig. 2. f

Instead of grooved blocks for receiving slips of pa- Y per, with printed iigures indicating the balalrices, type may7 be used, or a block for each letter, should it be desired to do so, and also for the other figures and letters in the indicator; but generally, it will be found more convenient to have the name of the firm, and the diierent kinds of stock or property, printed on slips ot paper or on blocks, as represented.

It will be seen that the Bank of New York is dealing in gold, in Government tive-twenty bonds, and in Erie, Rock Island, andReading railroad stocks.

It will be noticed that lthe amount of gold is 10 M, or ten thousand dollars; the five-twenties, nine thousand dollars; Erie, live hundred shares; Rock Island, one' hundred shares; and -Reading, three hundred shares.

The red figures indicate that the Bank of NewYorkl p is short in gold, tive-twenties, Erie, and Reading, and has one hundred shares of Rock Island on hand.

The separate value-sof each are estimated, and the,

count with tlie Bank ot' New York on any morning,

the blocks and figures having been correctly arranged by the book-keeper. Any changes which occur during the day, in stock or other transactions, may be duly noted by corresponding changes in the blocks or tigures, s'othat the exact state of the account may be seen at once. Y

The indicator may be covered with glass, and kept in a drawer under lock and key, if desired.

In this example of my invention, I have shown a space beneath the indicator-face, for keeping a variety of blocks or letters, ready for use in making changes in the various accounts.

Having thus described my invention,

,I claimas new, and desire to secure by Letters Patent- The indicating-trame or tablet A, provided'with receiving-grooves B, and with appropriate columns for the naines of mercantile firms or correspon-dents, for the several kinds ot' property or rallies involved, and for balances, separated by the partitions D, in combination with replaceable blocks bearing names, words, letters, and iig-ores, to give the indications or accounts desired, the whole being arranged in the manner and for the purpose herein shown and described.

The above specitication ot' my invention signed by me, this 27th day of November, 1868.,

' GH. BRUNSCHWILER.

Witnesses z FRANK .BLocKLEY, E. Gai-:ssn Comms.

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