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In the 1920s the Lancashire
and Yorkshire Bank operates FIVE cattle market
agencies. These are located at Liverpool, Salford, York, Birkenhead and at
Wakefield, and of them only York makes it to 1969 and the merger with
Barclays. Cattle Market branches are
run in a distinctly different way to other branches, which often presents
bank inspectors with nightmares such as the amounts of cash on the premises
taking the branch over limit, and the sheer volume of physical and mental
work involved in handling large volumes of notes and coin. It will be noisy, smelly and dirty, three
considerations not normally made in the genteel world of Branch Banking, even
in the 1920s! |
In Service: pre 1928 until the end of 1928 |
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Add to this the specific and
complicated bargaining methods of traders such as Irish Drovers requiring
payment in cash over the counter - without identification - and you’ll see
the need for a Bank to select staff who possess a particular mental agility
along with a good deal of stamina!
This aspect of cattle market banking is covered in greater detail on
our YORK
CATTLE MARKET Page.
When the Bank of Liverpool an dMartins and the Lancashire andYorkshire
Bank amalgamate to create the modern-day Martins Bank, they each have a
Cattle market Agency at Wakefield.
Based on the information available from the Annual Report and
Accounts, we believe that the Lancashire and Yorkshire Bank’s Wakefield
Agency is closed before the end of 1928.
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