The Best Company is the Company that does the most good. 4% CONSOLS 5% ditto 6% ditto Purchased by 10, 15, or 20 Instalments. Redeemable in 10, 15, or 20 Years, and not issued by any other Company. These Investments include Insurance Protection increasing annually. Latest accounts show £2 11s. 5d. returned for every £1 received. A New Prospectus containing Special Investment, Guaranteed Bonus, and other Important Features, can be obtained on application to any of the Branch Offices, or to D. C. HALDEMAN, General Manager for Great Britain and Ireland, 17 & 18, CORNHILL, LONDON, E.C. i T HE Ordinary Meetings of the Institute for the reading and discussion of Papers are held in the Theatre of the London Institution, Finsbury Circus, E.C., on the first Wednesday of the months November to May inclusive. Notice of Meetings, Titles of Papers, and of the Dates assigned to them, will be given from time to time in the Journal, or by advertisement in the principal papers about one week before each meeting. Notice will also be sent to Fellows and Associates of the discussion of any Questions on points of practical interest at the above meetings. Visitors may obtain a card of admission to the Ordinary Meetings on the presentation to the Secretary, at the Offices of the Institute, of an introduction from a Fellow or Associate. This privilege may, however, under certain circumstances, have to be restricted. Members and others are invited to submit to the Council, for their approval, papers on any subjects of general interest to the Profession, with a view to such papers being read at one of the Ordinary Meetings of the Institute. To enable the Council to carry into effect one of the primary objects of the Institute, viz., the discussion of matters of interest to the Profession, they invite Fellows and others to acquaint them, through the Secretary, with any Questions on points of practical interest which may from time to time arise, so that, should it be deemed advisable, due notice being given, such questions may be fully discussed at one of the Ordinary Meetings of the Institute, or answered through the Journal as the Council may determine. If not out of print, members may obtain a single copy of each of the back numbers of the Journal at the reduced price of 1s. each. A few volumes bound in morocco can be obtained at 15s. each volume. The Journal is for the present published in consecutive months, from October to the June following, with a further issue of one or two numbers when deemed necessary. The date of publication is on or about the first day of the months named. To ensure punctual delivery, Members are especially requested to inform the Secretary, without delay, of any change in their Addresses. The Council of the Institute of Bankers desire it to be distinctly understood, that authors alone are responsible for the contents of their Papers, both as to matters of fact and of opinion, and, also, that the Institute accepts no responsibility for the opinions that may be expressed in the various discussions. BY ORDER OF THE COUNCIL. The Dates of Meetings are distinguished by large black figures. Thursday ... Monday Tuesday 12341067 8 Wednesday Sunday ... ... ... ... Unless otherwise specially announced, the chair will be taken at 6 p.m. at each meeting. The Council have reason to believe that the following Papers will be communicated to the Institute : "Italian Finance," By CORNELIS ROZENRAAD, Esq., Fellow of the Institute. "The Merits of Monometallism," By T. B. MoxON, Esq., Fellow of the Institute. "The Effect on Banking Business of the Decline in Lending Rates," By F. E. STEELE, Esq., Associate of the Institute. "The History of Banking in South Africa," "Some account of the Mints and Moneyers of the Anglo-Saxon Period," By A. H. CHERRY, Esq., Associate of the Institute. ELECTIONS. The following were elected at the December meeting of the Council: JOHN DAWSON THOMAS FORREST ... GEORGE ALEXANDER HARVEY ALFRED MAYO HAWTHORN ROBERT CRON HENDERSON THOMAS ROWLAND HUGHES JAMES MANUEL ... FELLOWS. ... ... Bank of Tarapaca & London, Limited, The Capital and Counties Bank, Limited, The Capital and Counties Bank, Limited, North and South Wales Bank, Limited, London & Provincial Bank, Ltd., Cardiff. LAWRENCE AUGUSTINE STRANGE The Birmingham District and Counties Banking Co., Ltd., Wolverhampton. HENRY BROOKE ANDERSON JOHN ARKELL ... Williams Deacon & Manchester & Salford The Birmingham District and Counties National Provincial Bank of England, HERBERT WATTS CHADDERTON... The Manchester & County Bank, Limited, |