In 1746, the Company consented that
the sum of 986,800l. due to them in
Exchequer bills unsatisfied, on the du-
ties for licences to sell spirituous liquors
by retail, should be cancelled, and in
lieu thereof to accept of an annuity
of 39,442l. the interest of that sum at
4l. per cent.  The Company also agreed
to advance the farther sum of 1,000,000l.
upon the credit of the duties arising
by the malt and land tax, at 4l. per
cent. for Exchequer bills to be issued
for that purpose, in consideration of
which the Company were enabled to
augment their capital with 986,800l.
the interest of which, as well as that
of the other annuities, was reduced to
3l. 10s. per cent. till the 25th of De-
cember 1757, and from that time they
carry only 3l. per cent.

In short, several other sums have
since been raised by the Bank for the
service of the government: but the
above is sufficient to give a full idea
of the nature of the several species of
annuities; only it may be proper to
add, that what is called Bank Stock
is entirely distinct from these, and may
not improperly be termed, the trading

The transfer days at the Bank altered
in 1758, are now as follows:

The hour of transfer is from eleven
to twelve o'clock, and the hours of pay-
ment of dividends from nine to eleven,
and from twelve to one; except on the
following Holidays.