Each of the tickets (which are in this form-'CY 92-Credit bearer value in goods for 18s. R. Sinclair & Co., J.J.B. 22/12/72') is marked with the same letters and number the corresponding entry in this book. When it is returned, goods are given for its amount, or for part of it,-the payment in the latter case being sometimes marked on the line which is retained by the knitter. When the whole amount is paid the line is marked in the line-book 'Paid,' and the date of settlement is generally added, thus: 'B.H. 93 Paid 18/11/71 W.B. £0 1 6 £0 1 6 98 Paid 23/11/71 0 15 0 0 15 0' The majority of the lines now standing in the early pages of this book are still unpaid. Thus, on page 1, out of 29 lines from BAH 6 to BL 34 (199 lines issued within the same period having presumably been paid before this new register was begun), only 3 are remarked as paid. So, on the second page, out of 30 lines, from BL 36 to BO 24, only 4 are marked paid; and on page 3, from BO 40 to BR 57, only 3 are marked as paid. Taking as a specimen the 74 lines issued on the first four days of December 1871, the average amount of the sums for which they are granted is 5s. 6d. the actual amounts varying from 31s. 6d. to 1s. Out of these 74, 21 lines, amounting in all to £8, 6s. 2d (and averaging 7s. 1020/21d), were paid at 4th January. It does not appear whether the extinction of the lines is always effected by taking goods to the full amount of the line, or whether part of a line is not, on the occasion of a purchase of goods, transferred to a new line, which might very readily be done. Although Mr. Sinclair has the largest transactions in lines, they are resorted to when required by most of the merchants who buy hosiery or fancy goods. [J. Anderson, 6709; L. Moncrieff, 11,497.] A few other merchants employ the same system of lines and a line-book on a smaller scale; and they, too, ascribe the practice to their solicitude for the convenience of the knitters. The merchants of course have the benefit of getting their hosiery, to some extent, on credit; they have the use of the money without interest so long as it remains in their hands; and when they pay, they pay in goods on which they have a large profit. [T. Nicholson, 35; M. Laurenson, 7299.] SALE OR BARTER OF LINES