This certificate, which is signed by the Controller, must be forwarded with the deposit book and application whenever the depositor wishes to sell the whole or a portion of her stock. When stock is sold the sale is effected at the _current price_—the price in the open market on the day of sale—and a warrant is sent to the depositor for the amount realised, less the commission. All dividends on the stock standing in a depositor’s name are credited to her deposit account when they become due. Dividends on Consols are due half-yearly, on the 5th of January and the 5th of July; those on what are known as Reduced and New Three per Cents. on the 5th of April and the 5th of October. There are other Government Stocks—Two and Three-quarters and Two and a Half per Cent.—on which the dividends are paid quarterly. The commission charged by the Post Office on investment is as follows:— s. d. On stock not exceeding £25 0 9 On stock exceeding £25 and not exceeding £50 1 3 On stock exceeding £50 and not exceeding £75 1 9 On stock exceeding £75 and not exceeding £100 2 3 Not satisfied with working at these low rates, the Post Office takes all the trouble of receiving the dividends, and charges nothing for it. The commission on the sale of stock up to £100 is the same as for the purchase. For the sale of stock exceeding £100 and not exceeding £200, the charge is 2s. 9d.; exceeding £200 and not exceeding £300, 3s. 3d. But those who have money to lend have wider scope for its employment than the Public Funds. And here we may insert the following handy table showing the better class of investments, and the dividends to be expected from them. We are indebted for it to the ever-useful Almanack of Mr. Whitaker. The following are _Trust Investments_, permitted by the Court of Chancery:— Three per Cent. “Consols” and “New Annuities,” which at the present market price yield barely 5 per cent. Bank of England, Metropolitan Board of Works 3½ per cent., and Indian Government 4 per cent. stocks, which gives £3 2s. 6d. to £3 10s. per cent. Canadian 4 per Cent. “Guaranteed” Loan, giving £3 15s. per cent. Turkish 4 per Cent. “Guaranteed” Loan, giving £3 17s. 6d. per cent. Bank of Ireland Stock, giving £3 10s. per cent. Then you have 4 to 5 per cent. investments, quite secure:— GOVERNMENTS.—Colonial Government Securities: Dutch, Belgian, French, and United States. RAILWAYS.—British Railway Debenture Stocks, Indian Railway Debenture Stocks, British Railway Preference Stocks, Indian Railway Ordinary Stocks—these are guaranteed by the Indian Government—British Railway “Preferred” Ordinary Stocks, British Railway Ordinary Stocks. DOCKS. Last come 5 to 6 per cent. investments, which may be classed as moderately good:—