Series III. Financial Records, 1840-1962.

Extent:

Extent: 27 boxes and 249 volumes.

Scope and content:

The financial records include account and memorandum books, accounts payable, accounts of sales, bank books, card books, check registers, memoranda and cash accounts, monthly time books, and numerous ledgers.

Accounts payable contain invoices from various merchants for business and household goods purchased, including groceries, clothing, tuition, medical services, tolls and freight bills, livestock, repairs, labor, hardware, fertilizer, seed, and hardware items. Many of the invoices are for items that were purchased and later sold in the family-owned store at Wallaceton.

The accounts of sales contain correspondence and financial statements detailing payments for lumber, shingles, railroad ties, rails, and later potatoes, corn, hay, and onions purchased from Wallace and Son and The Wallace Company, and later sold by various commission merchants, as well as for those products purchased by individuals.

The memoranda and cash accounts are weekly diary notations by John G. Wallace, begun after the failure of Bain and Brother, which include detailed accounts of business and personal expenses and activities, including summaries of trips, meetings, employee work activities, weather conditions, as well as itemized purchases of household goods, and any other expenses incurred during the week. There are also "to-do" lists, and the files occasionally include merchant invoices and receipts.

The monthly time books include employee name, hours worked per day, total time for the month, rate of pay, amount paid, and any additional notes.

Also contained in the financial records are various business ledgers, including Bain and Brother accounts with Wallace and Son, card registers, cash ledgers, day books, "Dover" and "Glencoe" record books, job books and petty accounts, letter books, merchandise day books, petty cash ledgers, minute book of The Wallace Company, hands books, time books, and time reports from "Dover."

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