COMPARISON OF THE POSITION OF THE FIXED ISSUES IN THE UNITED KINGDOM. No changes in the list of bankers authorized to issue notes have occurred during the year ended 23rd September, 1882. The following Table shows the gross amount of notes issued in the United Kingdom on the 23rd of September, 1882: ENGLAND. Bank of England, upon security 15,750,000 36,602,440* 3,371,096 SCOTLAND.-10 Joint Stock Banks upon their own credit IRELAND.-6 Joint Stock Banks upon their own credit Total amount of notes issued in the United Kingdom Upon gold and silver coin Upon gold and silver coin 5.224,953 7,255,505 £52,839.035* Of the total amount of £36,602,140 issued by the Bank of England from the Issue Department, £10,525,380 was held by the Bank of England in the Banking Department. Deducting this from the total issue, it leaves £42,313,655 as the actual circulation of notes in the United Kingdom on the above late. + It will be seen from these figures that the issues upon credit of certain Scotch and Irish Banks are elow their limits authorised by the Acts of 1815. PART IX. VOL. III. JOURNAL OF THE INSTITUTE OF BANKERS. THE BILLS OF EXCHANGE ACT, 1882. By M. D. DISCUSSION ON MR. CHALMERS' PAPER. REMARKS ON THE BILLS OF EXCHANGE ACT, 1882., THE MARRIED WOMEN'S PROPERTY ACT, 52. THE BANK OF FRANCE. THE CLEARING SYSTEM IN THE UNITED STATES. QUESTIONS ON POINTS OF PRACTICAL INTEREST. LEGAL DECISIONS AFFECTING BANKERS. WEEKLY RETURNS AND ANNUAL STATISTICS. 品 DECEMBER, 1882. Londen: WATERLOW AND SONS LIMITED, LONDON WALL; PRICE ONE SHILLING AND SIXPENCE. INSTITUTE OF OF BANKERS. FOUNDED 1879. President. SIR JOHN LUBBOCK, BART., M.P., F.R.S. D.C.L., LL.D. Messrs. JANSON, COBB and PEARSON, 41, Finsbury Circus, E.C. Zecretary. W. TALBOT AGAR. Offices. 10 & 12, CLEMENT'S LANE, LOMBARD STREET, E.C. 1 THE OBJECTS OF THE INSTITUTE OF BANKERS. THE Institute is an Association of gentlemen connected with the various branches of Banking. Its primary object is to facilitate the consideration and discussion of matters of interest to the profession, and, where advisable, to take measures to further the decisions arrived at; and its secondary object is to give opportunities for the acquisition of a knowledge of the theory of banking. The Institute affords facilities for the reading, discussion, and publication of approved papers by Members and others; issues Certificates to those who may pass examinations approved of from time to time by the Council of the Institute; and, by donations of books and purchases, has laid the foundation of a valuable Reference Library, consisting of works on Banking, Commerce, Finance, and Political Economy. The Ordinary Meetings of the Institute are held monthly, from October to May, and the papers read on these occasions, together with the discussions thereon, are published in the Institute's Journal, which also contains under the head of "QUESTIONS ON POINTS OF PRACTICAL INTEREST" a variety of carefully considered information on subjects of daily recurring interest to the profession. It is believed that the ventilation of these questions by means of the Journal will materially tend to promote that uniformity of practice among Bankers, which it is one of the main objects of this Institute to effect. The Institute consists of Fellows, Associates, and Ordinary Members, forming together a body, at the present time, of about 1,800 Members. The Annual Subscription to the Institute is Two Guineas for Fellows, One Guinea for Associates, and Ten Shillings and Sixpence for Ordinary Members, payable in advance, on the 1st January in each year, unless the date of admission be later than the 30th June, when only a half-year's subscription is so payable. All future Annual Subscriptions may be compounded for by a payment, at any one time, of Twenty Guineas for Fellows, and Ten Guineas for Associates. Forms of Application for election, and any further information, will be supplied on application to the Secretary. December, 1882. |