6. Work out the following, and show the profit and loss made, and present position. Examinations will be held on the following subjects, viz. :- BOOK-KEEPING COMMERCIAL LAW. POLITICAL ECONOMY. PRACTICAL BANKING. The Examinations will be divided into two parts, extending over a period of two years, the first Examination being of a preliminary character, and the second-to be held after the lapse of not less than one year from the first-being of a more advanced character. These Examinations, both preliminary and final, will be held in the month of May in each year. Candidates must, however, before the 1st April in each year give notice to the Secretary of their intention to present themselves for Examination. Every Candidate who shall fail to pass in one or more subjects, either in the preliminary or final Examination, shall be required to pass at a later date in those subjects only in which he has failed; but he shall not proceed to the final Examination until a year after he has passed in all the subjects of the preliminary. A certain minimum of marks shall be required in each subject to enable a Candidate to pass, and the names of successful Candidates at each Examination shall be placed alphabetically in the official list which will appear in the Journal of the Institute. Subject to the approval by the Council of the Report of the Examiners, a Memorandum, signed by the Secretary, shall be given to those who pass the preliminary Examination; but the Certificate of the Institute, signed by the President of the Institute and the Chairman of the Council, shall not be issued until the final Examination has also been passed. The Certificate of the Institute, so given, shall entitle a Member to be elected an Associate. The Examinations shall be held by means of printed papers and, as far as practicable, in various places simultaneously, as may be needed to meet the convenience of Candidates. The Examinations in the country will probably be conducted under the superintendence of a Fellow of the Institute, to whom the printed papers will be forwarded in a sealed packet. These papers shall be opened in the presence of the Candidates, at the time of the Examination, and answers thereto shall be transmitted to the Council by the next post. An Entrance Fee of Five Shillings shall be required from every Candidate on each occasion of sending in his name for examination such Fee to cover all the subjects taken up at any one period of Examination. No Candidate shall be admitted to any Examination unless he have previously paid this Fee to the Secretary; and if, after payment of his Fee, a Candidate withdraws his name, or fails to present himself for examination, the Fee shall not be returned to him. An official receipt for the said Fee, stating thereon the Candidate's name and address in full, signed by the Secretary, shall be given to each Candidate, and the presentation of this receipt to the Superintendent at the time of examination shall invariably be required. Candidates are informed that bad handwriting may be visited with loss of marks, and that the general style and intelligence of the answers will always be taken into account. No information whatever will be given respecting the marks obtained, or the names of unsuccessful candidates. Whilst the best efforts will be made to secure examinations for Country Members in their neighbourhoods, the Council do not guarantee the carrying out of this arrangement in all cases. A Syllabus of the above scheme, and of the various Works recommended to be studied, may be found in the number of the Journal for November, 1879. EXAMINERS. The names of the Examiners for the year 1882-3 will be announced in due course. Notes in the hands of the public.. 26,330 25,990 25,798 25,552 26,416 12,574 12,902 13,592 14,502 16,369 THE BILLS OF EXCHANGE BILL. THIS Bill (as amended by the Select Committee), to the progress of which, it will be remembered, the President alluded in his remarks at the Annual General Meeting of the Institute, and the scope of which has been extended so as to include Scotland, has now been issued. It will be considered in Committee of the whole House on an early day. |