The local agent of the Mercantile Bank of India, Ld., informs us that he has received a telegram from the head office in London informing him that the directors will recommend, for the year ended December 31, 1914, at the forthcoming general meeting, the following A final dividend at the rate of 8 per cent., free of income tax; to pay a bonus of 10 per cent. to the Staff; To place to reserve £35,000—(making that fund £500,000); and to carry forward £47,200. Further particulars as to other disposals such as Contingency Fund, etc, will be advised by mail.
Text read from the printed page and cleaned; old type leaves the occasional error.