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Business rules are statements that aim to influence or guide behavior and information in the organization. They are the business policies, the business practices, and business definitions that should be well known and treated as a valuable asset to the organization. They are in essence how the actual business is run. Yet so often these business rules are implicit, assumed in the development of information systems in an organization. They have been buried in code, lived in the business experts’ heads and sporadically been documented in system manuals. In this paper we examine the value of business rules, compare the thinking of business rule experts and provide guidelines on how to derive and store an organization’s business rules.

The London Stock Exchange is currently preparing for the largest changes in its trading practices since the Big Bang. It is already known that the Exchange is proposing to retain its practice of delaying the publication of large trades so as to encourage the execution of such trades, even though this delayed publication also creates an undesirable information imbalance. However, in reality, what matters to market makers is the effect of a large trade on their inventory position, not the size of the trade itself. It is shown that delaying trade publication on the basis of size and inventory delays the publication of far fewer trades than does the current regime, while still offering protection to market participants who provide liquidity by unbalancing their inventory to accommodate large trades.

It is not proposed here to treat the sheaf catalogue from a controversial point of view, and to enter into a detailed examination of the respective advantages and disadvantages of this as compared with other forms of catalogues. Many are alive to the merits of the sheaf catalogue, either as the only means of displaying and indexing the contents of a library, or as an addition to some already existing means, and it is for the use of these that the following practical notes on the making of a sheaf catalogue are submitted.

The following classified, annotated list of titles is intended to provide reference librarians with a current checklist of new reference books, and is designed to supplement the RSR review column, “Recent Reference Books,” by Frances Neel Cheney. “Reference Books in Print” includes all additional books received prior to the inclusion deadline established for this issue. Appearance in this column does not preclude a later review in RSR. Publishers are urged to send a copy of all new reference books directly to RSR as soon as published, for immediate listing in “Reference Books in Print.” Reference books with imprints older than two years will not be included (with the exception of current reprints or older books newly acquired for distribution by another publisher). The column shall also occasionally include library science or other library related publications of other than a reference character.

“The imperative of political correctness has spread far beyond the humanities departments and law schools where it was born. In many ways — the panic between some politicians and pundits notwithstanding — it has been a good thing, despite flights of excess and episodes of downright silliness.”

The first phase of what looks like becoming a long‐term incomes policy — the £6 pay rise ceiling — has alarming implications for companies who are working to bring employee occupational pension schemes up to the level of earnings related benefits laid down by the new Social Security Pensions Act. For unlike previous pay restraint policies, any increase in employees' pension contributions will count as part of the £6 ruling. Here, John Elbourne — of Legal and General Assurance Society — urges the Government to re‐consider their ruling.

This article, written in case format, has been written to assist the novice case writer in case research and writing. The article covers all aspects of case writing including: idea generation and sources of cases, working with primary and secondary case sources, obtaining client releases, writing the case story line, developing a catchy ‘hook’, using the past tense, providing supporting exhibits, and providing a bibliography for the case. The teaching note (or instructor's manual)is also covered in detail including: an overview of the case, learning objectives, course placement and targeted audience, instructional methodologies, case questions and answers, the epilogue, and the bibliography. Appendix A includes a discussion on case publishing and includes a list of journals and conferences which accept cases.

HAVING outlined the scheme for monotyped catalogues, it only remains to consider it in its financial aspects. At Hampstead tenders were obtained for the same catalogue by monotype, linotype, and by ordinary setting up. It may be mentioned that the catalogue is of royal‐octavo size, in double columns, each being fifteen ems wide and fifty deep. Main entries are in bourgeois; subject‐headings are set (by hand) in clarendon, and the entries under such headings are put in brevier. Notes and contents were specified for either minion or nonpareil, and many lines break into part‐italics. The monotype machine provided all these founts except the two already mentioned—italic numerals and clarendon. We had to do without the former type, but the latter not being numerous are easily carried in as wanted from an ordinary case. Naturally, I cannot give the exact figures of the accepted tender, but it may be stated that in our particular case the cheapest quotation was for linotype work, although there was not much difference between that and monotyping; whilst for both these methods worked out at appreciably less than the quotations for ordinary hand‐work.