453

6.

assessor's marking, being handed by the applicant to the

stamping clerk instead of, as with A, to the cashier.

5. In the case of cheque books containing more than one

cheque on each sheet, the stamping is effected by means of

a new multiplex machine giving up to five impressions with

each blow.

I enclose in duplicate the Department's instructions

for escutcheoning, which is effected where documents,

being executed on parchment, require some more forcible

method of impressing than that which suffices where the

material is paper.

7.

In company with Mr Colls I visited the City Branch

of the Inland Revenue Department, and was there shown

several Jarge recording machines. I learnt that the most

efficient would contain eight stamps,of different values

and record on the outside the number of times it had been

put into operation, on the inside the number of impressions

of each value effected.

I was, however, informed that even this machine would

be considerably slower in its operation than the double

process recommended by me, and which I found to be in ex-

istence at the Stock Exchange Branch of the Inland Revenue

Department.

8. At this latter office the volume of business trans-

acted is very large and consists principally of the issue

of A, Stamped forms of share transfers (for which no

charge beyond the value of the stamp is made)-B, Unstamped ditto (for each of which a charge of d is made). In the

case of A the forms are received by the Stock Exchange Branch from the Head Office ready wafered and bearing im-

pressed stamps running from 6a to £300. These stamps

show both value and date.

In the case of Bri.e. where uns tamped documents are

presented for stamping the applicant presents them, to-

gether with, as a rule, an I.0.U. for the amount due.

to/

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