ein the
consignee's name is superseded by the words _shipper's order_, or
simply _order_; it being thus understood that the goods shall be
delivered to whomsoever presents, at point of destination, the bill of
lading duly indorsed by the shipper. By such a simple arrangement as a
_bill to order_ the merchant is enabled to sell the goods while they
are at sea, or in transit, and a consignment of merchandise may change
hands several times before arriving at its destination.

When a case of merchandise to be shipped has been properly entered and
weighed it is then ready to be _manifested_ or _waybilled_, as no
shipment is allowed to go forward without a waybill. The WAYBILL is
simply a memorandum of the consignment, together with full and
complete shipping directions, giving also the number of the car into
which the case has been loaded, and the point to which the car is
"carded." The freight conductor has waybills for all goods which he
carries. They are turned over with the merchandise to the agent of the
railroad at the point of destination.

Our illustrations show (1) _a shipping receipt_--the half marked
"_original_"; (2) _a steamship bill of lading_; (3) _a local
waybill_.

EXAMINATION PAPER

NOTE.--_The following questions are set as an indication of the sort
of knowledge a student should possess who has carefully read the
several papers of this course. The paper covers only about the first
half of the course. The student is recommended to write out the
answers carefully. Only such answers need be attempted as can be made
from a study of the lessons._

1. What in a general sense is meant when we speak of the currency of a
country?

2. Enumerate some of the advantages afforded to the community and to
commerce in general by banking institutions.

3. A bank cheque is a demand order for money, drawn by one who has
funds in the bank. How does a cheque differ from an order on John
Smith to pay bearer a certain sum of money?

4. Why is it important that cheques should be very carefully drawn?

5. (_a_) A cheque has no date. Does this make it void? (_b_) How about
a cheque dated months ago? (_c_) Is a cheque dated on Sunday good?
(_d_) Why are cheques sometimes dated ahead? (_e_) Are you at liberty
to print your own form of cheque? (_f_) Is it necessary that your
cheque be written on the prescribed blank form? (_g_) How would you
write a cheque for 75 cents?

6. How