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Las Vegas - Septaaber 15# 1951 Mr. L* A. Whites Referring to your m&Ilgram S-79 of September 4 and S-611 of September 12# regarding our cash working funds. I have delayed re p ly to see what e ffe ct our new rate schedule# which became e ffe ctive September 1# would have upon our operations. Computing net? rates# we fin d a la rg e percentage of the accounts end in cents and during the f i r s t two weeks w# have found i t necessary fo r each cashier to carry a large amount o f s ilv e r in order to make change. This has reduced the amount of paper currency ava ila b le fo r changing large denomination b i l ls . The cashiers often have to borrow fro® each other and on numerous occasions i t has been necessary fo r us to request a customer to w a it w hile we send out fo r change. During Thursday# September 6# i t was necessary to send to the Bank three times In order to break t$> |1G0 b ills received in payment of small accounts. In the circumstances I recommend the working fund be maintained at fLOO fo r each cashier. The issuance of Manager* s Drafts has had l i t t l e effect upon our operation as these d rafts are used p rin c ip a lly fo r payment of p a yro ll labor# fre ig h t b ills and other purchases. I have discussed the subject w ith Mr. R. J« O asterline and he concurs in th is recommendation. W» K. Johnson