Shanghai, Jan. 25.
At a meeting of the board of direetors "of the Shanghai Securities Lamited held yesterday it was decided. 99 to recommend to shareholders at the forthcoming annual general meeting to be held on February 17, that the amount at credit of profit' and loss account be dealt with as under, The net profit for the year, exelusive of the premium on the new shares Issued, amounted to Sh3$635,- 227.95, which added to the balance raught forward from the previous year leaves an amount available of $646,028.38 and this the directors recommend be appropriated [To pay a dividend of $050 hare Carry forward to pew ace that year of $1,500 local currency and shall pay to each director a sum of {$1,500 local currency per annum by way of remuneration for services until fuch time as the company in general meeting shall otherwise Setermine,"
Text read from the printed page and cleaned; old type leaves the occasional error.