Bethlehem Area Public Library

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Transactions with other Colleges

When the elementary part of the course has been completed the student is promoted to the Business Practice Department. Here he becomes the proprietor of an extensive wholesale business. In addition to transactions performed with schoolmates and local firms, he buys and sells and conducts a regular business correspondence with the students and office firms in many other commercial colleges.

The daily mail brings numerous orders, invoices for goods purchased, and letters on various subjects pertaining to the business. The orders are filled at the current market prices, goods are received and forwarded at the freight office, and letters requiring it are answered. Press or carbon copies are taken of all letters and important papers sent out; and bills, receipts, and letters received are carefully filed for future reference.

Every student must keep a complete set of books, and his accounts must agree at all times with those of the individuals and firms with whom he deals. The transactions for each one differ, and there is no incentive nor opportunity to copy. It is necessary to have a deposit at bank, and the student is as much interested as the average merchant in maintaining a large balance.

The different schools, with their office firms, are like so many cities. The students represent the individual business men; and the office firms, the large companies and corporations. The correspondence required furnishes an excellent drill in writing real letters, and the students in the various schools try to excel one another in doing neat work.

Teaching business by the inter-communication plan has the endorsement of leading educators everywhere, and practically all the best commercial schools now conduct their business practice departments in this way.





Office Department

This department includes a Bank, Wholesale House, Freight Office, Commission House, and Commercial Exchange. Each office is equipped with files, a supply of suitable stationery, and a set of books specially designed for the business to be done.


Business of Each Office

The business in the Office Department results from transactions with students in our own and other schools. In the Wholesale House, hundreds of orders are received and filled. The Commission House receives many consignments each week, and, when the goods are sold, renders account sales to the shipper. At the Commercial Exchange and Real Estate Office, property is bought, sold and leased, rents collected, insurance policies issued, and a great variety of other transactions performed. The Freight Office is kept busy forwarding goods to other schools and delivering packages received for students. The Bank receives deposits from students and office firms, discounts and collects notes and drafts, has dealings with many other school banks, and, in fact, does business like that of a real banking institution.

Every student pursuing the Business Course is required to serve some time in each office in the capacity of manager and bookkeeper.


Academic Course

Students whose general education is too limited to take up the Business or the Shorthand Course are advised to pursue some or all of the academic branches. When they can make a satisfactory showing in the preparatory work, they will be permitted to begin one of the advanced courses. Many students who are not too deficient in Arithmetic, Grammar, etc., by doing a little extra work, are able to pursue Bookkeeping or Shorthand in connection with the academic studies.


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