Established 1873. CAPITAL £500,000. Chairman of Trustees of Guarantee Fund. The Most Hon. The MARQUESS OF TWeeddale. Directors. The Rt. Hon. Lord DE L'ISLE & DUD- man. D. MCGREGOR, Esq., Worthing. AUGUSTUS R. CLENCH, Esq., 12/14, W. P. FORBES, Esq., "The Central News," London. WILLIAMS DEACON & MANCHESTER & SALFORD BANK, Ltd., &c., &c., &c. THE CHEQUE BANK HAS OVER 15,000 ACENTS & CORRESPONDENTS ALL OVER THE WORLD. Cheque Bank Cheques are recommended as a perfect security to the holder for the following reasons: I. That no Cheque is issued until the maximum amount for which it can be drawn and which is perforated on it, has been paid to the Bank; and, further, that the amount for which a Cheque is filled up is held by the Bank until it is presented for payment, however long it may remain in circulation. No Cheque may be drawn except on the printed forms provided by the Bank. II. That the uncalled Capital of the Company has been specially hypothecated and vested in the names of trustees as additional security for the payment of customers' Cheques in addition to all the Assets of the Bank. SPECIAL FEATURES OF THE CHEQUE BANK SYSTEM. In the case of an ordinary Cheque there is always a certain amount of doubt that it will be paid, as there can be no assurance that its Drawer has the necessary balance at the Bank on which it is drawn. This can never be a question in regard to Cheque Bank Cheques, as they cannot be obtained until the maximum value for which a cheque can be drawn has been deposited in cash with the Bank, and that money is retained until the Cheques are presented; consequently Merchants, Tradespeople, Hotel keepers, and the public may treat the CHEQUE BANK CHEQUES as absolutely EQUAL to CASH, as Bank of England Notes are, and for the same reason-that they positively represent so much cash held for their payment on presentation. Every Cheque is numbered, and the No. is recorded in the Bank's books. The crossing of the Cheques, which necessitates their being cleared through a Bank, affords considerable protection to their holders, and can in no way interfere with their circulation. It is not necessary to keep a banking account to get Cheque Bank Cheques cashed-they may be passed freely from hand to hand, like bank notes, until at last, through a Banker, they are paid by the Cheque Bank. Herein lies the distinction and advantage of a Cheque Bank Cheque over an ordinary Cheque. DEPOSITS received in amounts from £1 upwards. Current rates of interest allowed. Special terms for fixed Deposits. The Cheque Bank will collect for its Customers, Cheques, Bills, Warrants, Coupons, &c.; also buy or sell Government and other Stocks, pay Annuities, and the like, and advance money on approved security. CHEQUES for foreign remittance are issued at a uniform rate of 1d. each. THE INSURANCE IMPERIAL COMPANY LIMITED. FIRE. HEAD OFFICE: 1, OLD BROAD STREET. BRANCHES: 22, PALL MALL, and 47, CHANCERY LANE, LONDON. The distinguishing characteristics of this Company are:-Moderate Rates; Undoubted Security; Prompt and Liberal Settlement of Claims. IMPERIAL LIFE INSURANCE COMPANY, ESTABLISHED 1820. ACCUMULATED FUNDS EXCEED CLAIMS PAID EXCEED £2,250,000. £5,000,000. THE BONUS DECLARED IN 1891 WAS AT THE HIGHEST RATE ATTAINED IN THE HISTORY OF THE COMPANY. Apply for a NEW PROSPECTUS to the HEAD OFFICE: 1, OLD BROAD STREET, LONDON, E.C. INSTITUTE OF BANKERS' EXAMINATIONS. MR. EDWARD HARLOW, Lecturer in Commercial Law and Book-keeping, University College, CERTIFICATED MEMBER OF THE INSTITUTE OF BANKERS, Continues to Prepare Candidates, by Letter or Personally, for the Preliminary and Final Examinations. For Particulars, Address, 39, EBURY ROAD, Sherwood Rise, NOTTINGHAM. Head Office-39, Threadneedle Street, London. JOHN REID, Secretary. J. J. MACDONALD, Chief Accountant. ARCHIBALD F. SIMPSON, Chief Inspector of Branches. COVENT GARDEN, 35, King St., NEWINGTON, 47 & 49, Newington W.C. ISLINGTON, 50, Upper Street, N. Abergavenny Aldershot Alford Alresford Alton Andover Basingstoke Butts, S.E. OXFORD STREET, 125, Oxford St. Ashburton Baldock Farnham Gloucester Biggleswade Godalming Birmingham Gosport Bodmin Guernsey Newton Abbot Boston Guildford Bradford-on-Avon Hastings Brighton Havant Odiham Brighton, West Hereford Pershore Bristol Horncastle Petersfield Louth Redland (Bristol) Reigate CURRENT ACCOUNTS opened in London on terms usual among London Bankers. DEPOSIT RECEIPTS issued in London, and Interest allowed at rates as advertised from time to time. At the Country Branches, Current and Deposit Accounts opened, Deposit Receipts and Drafts issued, and all other Banking business transacted on the usual terms. Dividends and Coupons collected. Investments in and Sales of Home and Foreign Securities effected. Moneys received and advised for customers free of charge between all the above offices. Circular Notes and Letters of Credit are issued, payable in the principal Cities and Towns of the Continent, and Letters of Credit are also issued payable in America, New Zealand, Australia, and elsewhere. The Agency of Foreign and Country Banks is undertaken. LIMITED. AUTHORISED CAPITAL, £3,000,000. SUBSCRIBED CAPITAL £1,500,000, IN 30,000 SHARES OF £50 EACH. PAID-UP CAPITAL, £600,000. RESERVE FUND, £240,000. Directors: LT.-COL. GEORGE A. ELLIOT. Assist. Managers GEORGE N. MARTEN, Esq. General Manager: GEORGE T. GOODINGE. (F. LUBBOCK JERMYN. Chf. Insptr. of Branches: JOHN WILLIAMS HEAD OFFICE:-168, 169, 170 & 171, FENCHURCH STREET, E.C. Current Accounts are opened on the terms usually adopted by Bankers. balance is not maintained, a small charge for commission is made. In cases where a remunerative Deposits of £10 and upwards are received, subject to seven days' notice of withdrawal, and interest is allowed thereon at the rate advertised by the Bank in the London Newspapers from time to time. Customers may pay in at any of the numerous Offices of the Bank for the credit of their accounts at Head Office or at any Branch. The Agency of Country and Foreign Banks is undertaken, and every description of Banking business is transacted. Investments and sales of all descriptions of British and Foreign Securities, &c., are effected, and Dividends and Military and other Pay and Allowances are received. Ample Strong Room accommodation is provided for custody of Securities, Plate, etc. Drafts on Demand, Circular Notes, and Letters of Credit, payable at the principal Towns abroad, are issued. The Officers and Clerks of the Bank are bound not to disclose the transactions of any of its customers. BIRKBECK BANK, SOUTHAMPTON BUILDINGS, CHANCERY LANE, LONDON. TWO-AND-A-HALF per CENT. INTEREST allowed on DEPOSITS, repayable on demand. TWO per CENT. on CURRENT ACCOUNTS, on the minimum monthly balances, when not drawn below £100. STOCKS, SHARES, and ANNUITIES purchased and sold. SAVINGS DEPARTMENT. For the encouragement of Thrift the Bank receives small sums on deposit, and allows Interest monthly on each completed £1. £5,883,572 ABSTRACT OF FORTY-SECOND ANNUAL BALANCE SHEET, MARCH, 1893. Permanent Guarantee Fund, invested in Consols Number of Members' Current and Deposit Accounts £5,727,331 £150,000 £312,983 The BIRKBECK ALMANACK, with full particulars, post free. Telephone No. 2508. 67,244 FRANCIS RAVENSCROFT, Manager. elegraphic Address: "BIRKBECK, LONDON." NOW READY. Price 2s. 6d. Demy 8vo., Full Cloth Binding, 96 pp. EXAMINATION QUESTIONS IN BOOKKEEPING, With Illustrations of Methods of Solution and Answers. Including Papers set at the Society of Arts' and the Institute of Bankers' Examinations. . By.. EDWARD HARLOW, Lecturer in Bookkeeping and Commercial Law, Nottingham University College. Author of "Book-keeping"; Modern Business Transactions in Double and Single Entry." 66 This Book will be found an invaluable help for Teachers and Candidates preparing for the Examinations of the Chartered Accountants, Civil Service, Institute of Bankers and Society of Arts. To be obtained of all Booksellers, or from the Publishers: BLADES, EAST & BLADES, 23, Abchurch Lane, London, E.C. |