The Guardian from London, Greater London, England • 9

THE MANCHESTER GTTABDIAN, MONDAY, APRIL 27, 1908. Settlement THE MONEY MARKET Bias or HA1LWAT3. INDIAN SHARE MARKETS. Closing prices. improvements occurred in Roberts Victor and April fill.

aanircuy. 1218 London, Chatham, and Dover 12'a Voorspoed. In gold shares there was no Gt. Indian Fcnlasnla A ann. 1934.

JS Do. 205 Do. 3 p.c guar, lOSlj Sciode, Puniab, and Delhi ann. 24a Bencal and North-Westem 2nd pref. 10H2 Bombay and Baroda, 9S4, 4 East Indian annuity, class 1963, 20 Do.

3 p.c new deb. 87Mi SS Do. 2nd preference 39 London and 13234 London and 139 SETTLING DAY8. important change. The more speculative shares closed slightly easier, but Transvaal 1354.

142 441 Do. deterred 44'a Metropolitan 42' Contin. davs. i Ticket days. April 27 I April 23 TueB.

May 12 I Wed. May 13 Gold Mining, Cason, Cinderella Deep, Comet, Pay days. April 29 May 14 BANK RATES. England 3 per cent, March 19, 1908 France 3 per cent, Jan. 23, 1908 Germany 5 per cent, March 7, 190S Netherlands 3 per cent.

Mar. 23, 1908 42 13514 142 45 43M 12 62I2 56'4 1314 65U 308 uo. ta p-c aeo. iuu'2 BAILWATS BRITISH P0SSES9I07S. Alberta Ball and Irrigation Gd.

Trunk of Oanada, 431 11 B3 57U 133 66a 3184 There are no vendors' or promoters shares, and every share allotted has been issued for cash at par. whole of the proceeds of this issue will be devoted to the purposes of working capital with the exception of the expenses of and payments connection with this issue and brokerage-This Prospectus has been filed with the Registrar of Joint-stock Companies The SUBSCRIPTION LIST OPENS TO-DAY (Monday), the 27th day of Anril iqna nri CLOSED on or before THURSDAY the 30th dao'f April, iftor and country. THE LONDON ELECTKOBUS COMPANY, LIMITED. (Incorporated under the Companies Acts, 1862 to '1900.) Metropolitan District lla Midland preferred 62 Do. deferred 55J North-Eastern consols 13 1U North British ord.

preferred 644 Ta. 272. Ta. ISir. ia 0 p.c.

det. 9aes -4 -2 -'2 -3a 1 Do. ordinary deferred 30 'a Atlantic and N.W. 1st xoort. 11434 Canadian Northern Ontario div.

perp. deb. 93 Do. 1st, mort. deb.

10054 OS. eO, is- 594, 60, 60'ie. 59'B, 60, 14. 60, la. London, Saturday.

The attendance was very small, partly because of the superior attractions of the Football Cup tie at the Crystal Palace, and the proceedings fell rather flat, especially when it London, Saturday. The rates paid for money to-day were not particularly high, but there was a good demand for credit, more particularly, perhaps, untir after the next Stock Exchange settle 71 371 7712 77U 89 664 158 32ia was found that dealers in the Consols market Langlaagte, and Witwatersrand Deep are all tV better. Finance descriptions were firm, with an improvement of to 11J in Central Mining and of -fa in Transvaal Consolidated Land. Beyond a rise of rV in Tanganyika there was no quotable alteration in Btio-desian. The West Australian market was idle, but quite steady, apart from a slight reaction in Kalgurli.

Kew Zealand shares keep firm, and there was a slight recovery in Barrier descriptions, due to some bear repurchases. Copper shares have again derived strength from the character of American advices, both" Itio Tinto and Anaconda rising The only movements of importance among miscellaneous shares was a fall of 9d. in Pahang Consolidated and a rise of in Mexico El Oro. 16. 4 Do, non-cum.

prf. 2 Do. 1st mort. dab, IO7I2.I4 Co. prp.

deb. 10512. l.1?. Do. Al goma branch 1st mrt.

1143a did not mark prices higher, but were more Do. guar. 4 p.c. HM, egxd Do. 1st pref.

984, 9, 8fa, 9, BU. h. 4, '8 Do. 2nd, 834, Ut t. 26a.

3 A Do. 3rd. 41'8, B. U. U.

"is. 'a. B4 hs. 6. Ja.

Ss. 3a, a xd Do. Grand Trunk 5 p.c. dob. 128U Do.

4 p.c deb. 102. l'a New Brunswick p.0. 1st mrt. (sold, 1149 North Ball, of S.

Africa Ben. stock 4 P.C. guar. 984 Quebeo Central 2nd deb. 73 Do.

7 p.c inrome bonds, 110l, ex coupon 7 STOCKS AKD 9HAEK9. Mexican Central, 15s Hat. of Mexico non-cum. prf, 49'lP. ll 12U2 inclined to offer stock.

It is true that half! North Stafford 89 South-Eastern 68 Do. A 364 Tafl Vais 751 Atchison ehares 807a Do. 5 p.c. preference 9Q' Baltimore and Oliin 878 Canadian Pacific 10O abarea 160 Chesapeake and Ohio 34 Chicago, and St. 125 Uenver shares 21a trie com.

Vot. 19 Do. 1st pref. non-cum 361 Illinois Central 130'a Louisville and Naehvijle. 104 Missouri, Kansas, and Texas 268 Now York Central shares ...1024 New York, Ontario.

WeBt. 347a Norfolk and Western 674 Pennsylvania shares, (50 604 Heading shares 554 Southern ordinary 154 Do. preference 41 Southern Pacifio 79I4 Grand Trunk FaciBo 3 p.o. 1st mort. ster.

86. Jft Grand Trunk Western dollar Iwnds. 9814 Rhodesia 1st saort. deb. 81 ment and into next month.

The highest figure given for call money appeared to be per cent, and the more general charge was per cent, hut occasionally 2J per cent waB paid for seven-day loans. The Bank and the India Council did nothing. Bankers expect to get 3 per cent for their fortnightly loans to the Stock Exchange on Monday, when a call cf 255,000 will be due on Cape Government Three and a Half per Cent bonds. On the following day 566,000 will be payable uDon the Oitv of Moscow loan, and on AMSBIOAN BAILWAT Atchison.Topeka. iSantaFs, 604.

a. 04. 1, BOls. as, ISif. 1, 80'8, 118.

8018 Do. non-cum. nref. BQ3a Hew York Central A Hudson a score of brewery securities were marked up, 33 but the number of transactions officially Joo'j recorded was less than half a dozen, and two jq4 of these were in a South American stock, The only feature in the markets was the! SO further appreciation in American railway- fj shares, which went well above New York 40 parities. Grand Trunk issues were helped by some bear covering, and Japanese bonds re's by a telegram foreshadowing a Budget sur-j plus of 8,000,000.

Mining shares generally I 95 were better. jKjU Consols are -fa to down at 86f cash and 374 The folrowine were the nricea of the nrin- CAPITAL 305,000, Divided Into 300,000 Ordinary Shares of 1 eaoh and 20,000 Deferred Shares of 5s. each. There are now Offered for Subscription 240,000 ORDINARY SHAKES of 1 each and 12,000 DEFERRED SHARES of 6s. each.

Subscribers for Ordinary Shares of this issue have the right to apply for One Deferred Share for each Twenty Ordinary Shares applied for. After the holders of Ordinary Shares have received in each year a dividend of 10 per cent oath amount paid up or credited as paid up thereon, the available balance of profit -sill be divided as to one halt among the holders of Ordinary Shares, according to the amounts paid up or creaited as paid up on such Ordinary Shares, and as to the other half among the holders oi Deferred Shares, according to the amounts paid up or credited as paid up on such Deferred shares. The Ordinary Shares are entitled to priority over the Deferred Shares as to capital, Mid after repayment of the capital paid up or credited as paid up on both classes of sharos the holders of Ordinary-Shares will be entitled to have distributed among them one half of the balanca or the surplus assets proportion to the amounts paid up or credited as paid up on Ordinary Shares held by them, and the holders of Deferred Shares will be entitled to have the remaining half of such balance distributed among them in like manner. Blver. 102.

U. 2 union l'aeiHc 1374 cipal mining securities at the after-official close, together with the making-up prices at the last Baltiraorei Ohio, Cheittpeakeand Ohio, 34, Is. 4 Chicago Gnat Weabom pref. 8 Chicago, Milwaukee, and St. Urnntl Trunk of Oanada' 49 91 70 3634 7612 811a 14 91 1 1 87'8 ieoa 34'2 128 2'2 216B 194 3712 1 131i 2 105 1 2653 3g 1025 lg 351a 67'4 a 61 '4 5814 4 42 1 79U lia 1374 2'4 15 1 9012 99 ia 84 12 41'4 84 35.

85 117 12U2 ll7ia 10912 1211a 61 36t 7412 1033 197 -1 6Q2 aii 5B 141s 28 590 Bettlement Closing prices. Bias or fall April 2 aacuraay. faui, iwa, 'I, lo. 51b. la 2'B Ancelo puaranteed Do.

1st preference Do. 2nd preference Do. 3rd preference Mexican Central 4 p.c Mexican a II way stock Do. 1st preference Do. 2nd 2lSia 2ia 80 98 83 414 85 34l 134U 8412 Denver Bio Grande, 21 5s 63 Do.

non-cum. pref. 57'4, Bit. 7. 81.

71l. Bti. 40 Beehuanalasd 1B British South Africa l'B City and Suburban, 4.... 2m Ctornolidated Ooldflelda bo account. Irish J-iantt and Local Loans 37 842 Hew York-, Ontario, Sc West.

34111 Norfolk and Western, a7'4, tb, a Northern PaclflclSS57! 4, ij, Ja Pennsylvania, 60uie l1, 1, ClB, 1 Beading, 564, 5118. Suie. 618, 4, '18 Rncic Island, 16, hi, 6 Sonthern Pacific, 7914.718.l4. a. 'la.

'e. is, a. iia, 54. 78, 34 with coup. 7 Southern, 15518, hB, Do.

nnn-cum, pref. 42 Union Pacifio, 136's. a4, liu, s4. s8. "is.

1S16. "is. a. "if, a. 7.

6Se.ii,79is.6a,66j,78,Sie, li. 7ifl- ll. 1. 7. la.

1. Ea. Erie, 19'ia, 818. l. 716.

4. lj. Antofacrasta rlof nA 111' II84 Crowu Deep Wednesday 562,500 on the issue of North British Railway preference stock. On the last day of the month an aggregate of about 3,700,000 Trill be payable on various issues, including nearly a million on London and North-Western Railway 4 per cent preference stock. Discount rates were firmly maintained, 2 per cent being practically the minimum for three months' bills, while one house refused to do business belcw 2J per cent, and obtained some bills at that figure.

The 8. "8, "Id '18, "18, 06. 68. 04, 1518 Do. non-cum.

1b4 pref. 3SS4. uw uuerea iox suoscripuon are payable Is. per share on application, 43. June 30.

1808. and the mi yci. auaro uu jiay au, iau, os- per snare on Pi B'Ha drawn Beef 114 Durban Koodepoort 38J3 East Band "ja Do. Minimi Estatei 232 Eldorado Banket fell and India Three per Cents and Three and a Half per Cents i and 1 respectively. London County stocks were again weak, the new falling to premium cash and premium special settlement.

"Water Board A stock is down 1, and Cape loans continue dull. The weakest stocks in the Home Railway per share on-September 30, 1308. The Deferred Shares are payable in full on Great Northern prf. bah nee of 5: application. 118 12414 11712 109 123 832 37 76 196 62 36 140 118 2ilj3 11 so 65a u8 352 21? 134 4t iia 17JB 44 54 2 Buenos Avres Gt.

1202 Buenos Ayre9 and Pnclflo 118i2 Buenos Ayres and Bosario. 103l Buenos Ayres Western 12012 Central Uruguay 79 Guayaquil and Quito uonds. 35I2 Leopoldina 73IJ Nitrate liailway iqIr San Paulo ig4 Uniced of Havana 5911 Illinois Central. 1291a 14 Ferreira Louisville Sc Maahviile. 104, 14.12 Missouri, Kansas, and Texas, market were those affected by the crisis in joint-stock bank which bought so largely 4.

"la. ss.M. Uia. 'a. 61a, yesterday was again in the market to-day for thf ahipbiuldimr trade.

North-Eastern eon- Srln foil onA HnWlnnion 3 XT Ll. sols fell and Caledonian deferred l. '16, "IB. s8, 016 zeaE. 'is, na.

us. i6. "ib. lb 'I. 'l, Do.

non-cum, pref. 62 Do. Deep 17j2 Geduld lla Gcldenhais Estate 49a Do, Deep General Mining and Finance 116 Glen Deep la Glencalm 130 Globe and Phosnix 252 Goch new 5 212 Goerr. (A.) and Oo 71 56 135a Do, non-cum. pref, 89 short bills.

The belief appears to be grow. AHsopp ordinary 6'i Anglo American Tel. ord. 55 Do. 137a Armstrong.

Whitvnr'h An1 oin FOREIGN BAILWATS. 553 Antofasuta (Ohlll) ft Bolivia Central Urnguay NorShern 126 o8 3,1 extension. Bis cam. nref. 9S5 Henderson Trans.

Eetate Argentine Great Western, 19 08 Coats ordinary giia Guinness ordinary 570 78 Hudson's Bay 80'2 Tobacco 5, p.o. pref. lsis 275 Lipton ordinary lSis 3H Heriot (new! 35a cum, prer. 11s Bahia-Blanca North-West HH p.c. guar.

97 Do, 1st deli. 95U 19 Com. Francaiee de Santa Fe, 731 Cordoba Si Boarlo 1st pref 888 Do. 1st deb. 88l Cordoba Central Inc.

deb. (Oent.Nortb.eec.i.59. 8I1 DIRECTORS. W' D-L- Sieland House, Ashford, Kent (Chairman). JACOB ATHERTON, Hurst Park, Prescot, Lancashire (Chairman of the South London Electric Lighting Corporation, Limited).

JOHX TOLHTJRST MUSGRAVE, 27, Pall Mall, London, S.W. (Direotor of the Wilkinson Sword Company, Limited). ROBERTS, Victoria Square, Birmingham (late Joint Managing Director of the London Jlotor Omnibus Company, Limited). BAJTKERS THE LONDON WESTMINSTER BANK, LIMITED, 41, Lothbury, London, E.C., and branches. CONSULTING ENGINEERS: SIR DOUGLAS POX PARTNERS.

T. GRAHAM GRIBBLE, BROKER H. NORMAN PAINE, 20, Copthall Avenue, and Stock Exchange, London, E.O. AUDITORS WADE, HACKETT; BOSTON, ALLEN, Chartered Accountants, 3 and 4, Clement's Inn, London, W.C. 80LICITOR-TOHN NEELY, Dolphin Chambers, 80, Coleman-atreet, London, E.O.

SECRETARY AND OPPICES: ARTHUR RIDING, WHITEHALL HOUSE, 29-30, CHARING CROSS, LONDON, S.W. 103 109 Buenos Ayres 4 Paoiflc, 1 16'8, 8i'a i ia lis ia4 110 110 1J 179 10314 SS 378 Do. B.A. extn. do, SQ'aiaxd National Bank of 18'4 National Telephone pref.

109 Do. deferred stocks. 109 South Durham Steel 63 Sues Canal 174 United Alkali ord 21a United States Steel pref. 103 Do ordinary 37I3 Ex dividend. 156 Johannesburg Oon.

Invest. 153 1 Jubilee 159 156 84 l7a Kleinfonteln IZ'j 278 KnighU 5 278 3sa Do. Central 78 25ia Do. Deep 21a 1 Lancaster In S5ia Langlaagte Estate 25i3 43 Masbonaland Agency 48 24 Meyer and Charlton 6j2 Madderfonteln 6'lis 15j2 Mozambique 8. 101 344 46 145-011 lWl 3 Ufa 15a 332-l3a Jia 28 144 5 114 118 41a i li "ss 13S 54 ia 23 37 163 08 160 127J2 2151B "IB 24 5ia 216 iia 56 2ia 6'4 -152 718 21 8 0 2IB 90 5'ia -ija i5i l5lB 2'ia 40 24 83a 3113 3a 26 26 Vhi It iflB llSlB 2a iia 184 -H11 90 2ij2 iia 3a 5ia 3'ia 31llB 154 143 Costa itiea, 2Bs Entre Bios, 414 Leopoldina pref.

111a. Mexican, 545a, 5. M. 5 Do. Ut pref.

1344, tg, 84 Dn End, 85 Nitrate pref. conv. 8'a Do. def. 250 Paratruny Central perm, deb, 47 ing that the Bank will get a fair proportion of the bar gold to be offered on Monday.

Quotations Bank hills Trade bills per cent. per cent. Three 2 3 Four months L'-ft 3 Six months 2 3to3 No bullion movements on foreign! account were recorded at the Bank of England. Considering how much the Stock Exchange of late appears to have been affected by the "flood" of new issues, it is somewhat surprising that the total capital offered for subscription this year falls short of the amount for the corresponding period of 1907. To date tho aggregate is a little over 61,000,000, as compared with a little under 65,000,000 a year ago.

In contrast with 1905, when to this date 55,000,000 was offered, there is, of course, a large increase, but in 1904 the corresponding figure was fully 85,500,000. Then, however, the total was largely swollen bv heaw borrowing by the Japanese Govern and North British ordinary and respectively. Great Northern and Great Central issues show a moderate decline as a result of the new capital announoed by both, and there are losses of i in Great Western, Great Eastern, Midland deferred, and North-Western Deferred Southern stocks were steady, but District are down. Among Foreign Government bonds Japanese have risen in several cases, and Russian Four per Cents are moderately higher, but Egytian Unified and Turkish Unified each fell J. In the South American section Argentine and Brazilian Government bonds were steadier, the latter receiving some support, and there was a general rally of J- in Peruvian Corporation issues, while the new debentures were better at 1 discount.

Guatemala and Venezuela fell and Colombian -J. The continued strength of American Hail-way shares appears to be largely due to the certainty that the Pennsylvania bond issue will be a great success, though it is also expected that to-day's Bank statement will be a good one, despite the gold export, while 2U32 New Primrose I 28 Northern Copper 80 The following transactions are reported in tho London Stook Exchange Official List: BUSINESS DONE. BBITISH FUNDS. Nourse Mines 21 18 78. 7 Do.

non-cum. 2ndpf. Do. 2nd deb. 1045j.

62 Do. cous. 2nd issue, 10358,4 Buenos Ayres and Kosarlo, 109, 8'4, Do. new, 1054, 7g Do. def.

1040B Do. cons. 7 p.o, pref. 1584 Do. llosarlo deb.

104a Do. 4 Central. 1011a Baenoa Ayres Gt. Southern, 12113. U.

207b Do. 10 paid.llliia Do. 4 p.c deb. 1034, 'a, 4 Buenos Ayres West, 12014, 84. 14.

1 Do. 4M p.c. pref. 10 U. Do.

deb. 102ia Central Uruguey, Eastern extension, 6T8 Central Uruguay of Monte Video, 801b Do. perm, deb, 128 aO 2ia 86 512 Ha Oceana Band Mines Bandfontein Pirieus, Athens, and Felon. 3 p.c. bonds, 61 Puerto Cabello and Valencia PROSPECTUS.

Closing priest Business dons. I5i2 Rhodesian Banket 2nd charge deb. 53't San Paulo 19B'a OansoIn2Kp.o.l323 863 BIB 533 Ha Ua 36 2'8 88 3IB 8818. 16. 4.

68. Waggon and Omnibus Comuany, Limited, whose Dresent I5)s Ehodesia Explor. dc Develop. 36 Hhodesia Copper Do. account Do.

non-cum. pref. 117s, "32, 3 32, is Rietfontein 2'a 84 registered, ofiloe is at lBBi, Norwood Eoad, West Norwood, S.W., of the one part and the Company of the other part, whereby the Eiectrio Vehicle Company, Limited, agrees to sell to the Comnanv 50 eiectrio motor omnibuses rwlthout 867s 88'3 9212 8512 8512 9054 9Q9 62. '2 South Slanchurlan 5 p-cster. 95.

4'B Robinson. 5 Do. DecD 8608 91'2 85 85 9014 90U Rose DeeD 3 B54. 3s 90'4, if. "re 901B.

8 995B. 33, Bifl lyres; at 7O0 each, (the delivery of the said omnibuses to commence two months after the recelnt of notice from the 2Mp.aAnn.rd.1905 2jip.aAnnjd.1905 Do.aconntJ,,M. Do. for aoaountw HatWarLn.2Jip.c Do.acoount. Bxchen.3 o.o.19Qm...

United of Havana and Begla, 59a Selukwe Gold 18 35a 3lia 16 ia 7ia soeua new 210 Villa Maria Bufino (fiiarO 9912 100 99'2 100 vjuiuiy. nau givee an option to me to purcnase luruicr motor omnibuses. This agreement has been varied by an agreement dated 16th April, 1908, made between the same Simmer and Jack IH32 19934 BANKS AND DISCOUNT C0UPANIE3. Do. East 8.

100 100a Da.2Wnn.iani).ie ooia Agricultural of Kgypt, SUia, London and County, 91,008 perries. 9. Dated 14th April, 1806, bstween. ths above-mentioned Electric Vehicle Company, Limited, of the one part audi the Cojaaanv Gf the other nart. thA KiActrio Vehicle 15m.

25:2 ex coupon 5 la. 84 IDcalLns.3p.a.lglS, 98U ment, as it was also last year. In regard to the calls due next month on recent new issues, the total is considerably less than in May, 1907, when it was 9,843,437, as compared with 7,511,356 this year. The follow 989. 34.

J3. 15U it is asserted tnat tne secretary of the I Co.foroooant...i 93U London and Provincial, 218a London and lilver flate, united btates JJepartment of Aarioulture is "rop.uoao-p.c.; 96 Company, Limited, agrees to sell to the Company 75 electric motor Omnibuses at tho nrica without tvres of 7QO each. 100 8B3 939 93 101 aa 272 318 fll: and bo deliver the sane at the times therein mentioned. Tiiis Breek2K p.o 86 Do. oH p.c bonds, 834 Do.

otor-. 6 p.c guar. 8978 Bank of Australasia, 1014 Bank of Now Zealand. 104 British Bank of S. America 1513 Chartored of India, Australia, London and Westminster, 5O84.

8a ing is a list of the principal items "83 simmer ueep is l7a South African Gold lHu 24 Tanganyika Cons 254 16a Transvaal Cons. Land 15s 86 Transvaal Estates A 88 2158 Transvaal Gold Mln. Est, 13ij2 332 Van Byn 5 lit Vereeniglng 4 38 Villase Main Beet 3ia Ilia Welgedacht 1 332 Witwatersrand Deep 3Hi 12132 Wolhutcr ia8 Hj6 Zambcsia Exploration 13 9 Eauk of England 268 contract also provides that in the event of tho Company allotting capital in excess of the amount mentioned in the London Bank of Mexico and uauic ot hecurity. Date. South America, 9a contract too company snail purcbase, at Uie price or 70O each, further electrohuses.

the number derjondJncr en the iviaaii)i p.c.db. In anticipation, doubtless, of a strong opening in New York this afternoon, prices were canied well over parity, and the fact that it was option day also had some influence. London City and Midland, Amount of Call. 250, COO 175,000 150.0CO 137,000 May 1. Grand Trunk Pacific 4 p.c deb.

1. Sao Paulo Citv 6 Dflr cent amount of such excess, and that until tho tarmirutlon of the agreement the Eleotrlo Vehicle Company. Limited, shall not, without the consent 'of the Company, olreotlv or indirectly Company was formed to run electrlo omnibuses for the ccuveyxncft of p2ssengrd on tha streets of tho Metropolis, and 1 kliv exhaustive experiments and nine months' acttul servlco wktu a unit of EiecLrobusea. the Diroctors destro to call attention to the results as proving the publlo and commerdai viJti" and swcfAa of tho enterprise. They claim that raulta stow that the eiectrio omnibus must replace the oil-frd motor omniltuses on the streets of London.

ADVANTAGES OF THE ELECTH0BD8." 1. Fretriciii from noise. 2. F.nthu absence of smell and smoke. S.

No vibration. 4. Gradual and even start. No Jerking. 5.

ooiutch. XostarttnET handle. 6. Fafety from fire. No use of Inflammable oils.

7. Abseaco of spcd chungo gear, with accompanying noise. S. Kectric lishtlng for headlamps and the interior. 9.

No cxploslcn irossible. 10. uucarely ht.ur.ct protruding In front of the ToMola. 11. cumbersome, easily manipulated in traffic 12.

Simple ekoirio motors. 13. No oil ciaiiud along the working routQ 1-1. Motor only working when vohlclo actually mo-ring. 15.

Greatly reduced insurance premium, owing to less fare risk. 1G. need for drivers to bo skilled mechanics. 17. 1.BJS wear on tyres.

IS. Low cost of running expenses as compared with, other motor omnitmse.f. Vide tiie consulting engineers' report, referred to in their letter on the back of he prospectus. The Directors call attention to tho report for 1907 of tie Betterment of London Association," according to which. ooacldcrabio amount of the time, thought, and means of the Aswhmoa during 1907 was devoted to the consideration of the (oid nuisance of noise, smell, speed, dirt, and vibration caused by a large proportion of the heavily built motor omnl-ITU'S.

According to that report, house property In tho best tKsidentiul districts in tho has been deproclatedi dicing tho two years 1906-7 by no less sum than, six pounds sterling. Although motor-bus traction has been a great convenience to tl-'j puhi.o. and perhaps especially to workers living at a oon, riElerah'o tllstacce, it Is undoubted that the noise and ssaoU of the potrol-bus liavo evokeu the protests tit imclixi and pedestrians on the lines of routo. lVherther the tveos of vehlole. 474.

ea Natal A 78. 1. Swansea Harbour 4 per cent stock Union. Pacific touched and closed 2J up National Provln. of Kngland, snjppy to any person, nrm, company, contractor, or puutic 100,000 Lobltos Olltields shares Liverpool Mortgage Insurance shares.

O.irdiff Kallwav 3 rjar cent ileb at LdY, Muwaulr.ee nave risen 55, Illinois DIAMOND AND MISCELLANEOUS MINKS. 4c ooay any eiectrotms for use in public service ta tne county or London. It also elves to tho Eiectrio Vehicle ComDanv. paid, 40 Do. IZ paid, 448x, 8 Parr's.

8219 125,000 5 nnd Ttrr rv.Twpa a ntlav n.y mtra -Limited, trie right to nominate a direotor of this Company. Chinese Imp. Ilall. Tlentsln-Pukow Bp.c INDIAN- QOVERKMENT SECUBniBS. indla35ip.e.redl931 100 lOOSa, 4, If, 9915l6, Do.account.....

99 100 994, "18. '8, 15 po.2p.o.l818., 91 92 91a. sa. Ue.aeoounU.H 91 92 77 78 77l, Bo.acoount,,,.,. 77 78 62 64 vda p.c, ia5w 63ia 6413 Do, 50 53 10O.

'3. '4. 99 lOQla, 99, 5s, 84 300,000 Southern Pacifio at one time were within tV Dnionof xu. AM-tea tne ltta any or April, isuu, Between tne company of the one part and Messrs. Steele.

Lockhart, and hereinafter called tho firm," of the other part, whereby It ilueuos Ayres ana racuic per cent aeo. Salvador Government 6 par cent Grand Trunk Paclrio 4 per cent 220,050 0f 80, but closed only bteel issues are Hi8 iia 20 13 35i 6 5i INDDSTEIAL. Aa Imperial Tobacco tmm. prof, ia provided, inter alia, that, Is consideration! of the arm advertising and circulating this prospectus, and paying tho costs, charges, and expenses thereof and the fees therein set 12. New South Wales 3hi per cent 750,000 1 higher again.

192.000 Tha fTa-naAian Pom'Cn t-mffin itaimiia. itf 12. Cauilal and Counties Bank: shares London Countv 3m cer cent rortn, tne arm are to receive the sum of 5,200 and a sum equal to Gd. per eaare on all shares allotted unen tills issue 105a Dc Beers deferred 107a 20 Frank Smith 16 IO Lace Diamond 06 314 New Jagersfontela deferred 381a 1 New Vaal River vl6 59is lVemier deferred 584 Anaconda Copper 7t5ia 578 Asbanti Goldtlelds 50 150 Broomassie 19a. paid 148 Cope Copper 81 60 Champion Beef, 2a.

6d. paid. 59 I732 El Oro 17JZ 18a Esperanza IH33 30 Gold Coast Agency 28 5a Gold Coast ig oco i 561,000 was a much better result than the 2676, ZBIB Do, 1st mort. 10754 Jay's. 278 Lever Brothers onm.

pref. 11732. 1018is Obarinz Cross and West-End Elec. deb. other than shares Matted upon application bearing a broker's OOBPOBATION AND COUNTY STOCKS.

425,003 Grand Trunk return, and the shares closed stamp, ana aro to tee rignt to snbsorlDe during a penoa Metropolitan Water Board Birkenhead 2)1 p.c. 82 '4 aiA. Tm 1 -t)l n-: la. 2. 13a Limtuer Asphalte, 30 '0, 303 Peruvian Corp.

6 per cent Clr.ind Trunk Hailway 4 per cent guar. Antolasasta Railway prof, stock Great Central liailway 2nd deb Buenos Avrcs and Pacific shares Birmingham o4 p.c-10354,U Do. A. 90 oi aua montns nom toe Gate or tno prospectus ana nave allottock at par. at euobj times and In sunn numbers as they shall require all or any shares remaining and not allotted to applicants within 14 days of tho first issue of this pro-suectus.

and to have the right to nominate two directors for Metropolitan 254 n.o. BQli unoDype, jvaeu. OU'4 Lipton cum. pref. 208 Do.

deb. 99 Lovell and Christmas, 6'4 200,000 130,000 296,000 100.000 323,000 5E6.E68 750,000 200,000 1J up at 160. Grand Trunk stocks were helped by Borne bear covering before the carry-over, the junior stocks rising to and the senior preferences The market for the bonds of this and tho Grand Trunk Pacifio Company was no better. London County 3 p.c nrignron Oji loua Cardiff 355 j.c 100 '2, 99a "Leicester 3 83a. 4 Liverpool 3ii p.c 104'a, 6 Wlgan 3 p.c red.

84 In certain events one direotor) of the Company. us ie hoi uo. p.c. iai, 10094, ij. 25.

Great Northern Hallway 3 per cent F. Moscow per cent loan. 8. Canada per cent, 30. Batila Blanca Bailway 4 per cent Lyons (J.j 4 Co.

63is, 18, 3i'a ia 4l6a 45152 Mysore Gold une uonrpany was lncorporatoa on ntn April, iwjb. xne capital of tho Company was at the time of registration fixed Nundydroog 238 tite use of whoh on the streets of Itendon has called! forth Subject to stamp duty. 240 98 ii- ftiuu iik iJ'r ordinary snares or i. eacn. ana was budsb- I Ooreeum ordinary aa uo.

cum. prat, zzg Do. 1st mort. deb. 1051a Maple and Oo.

494a Do. cum. nref. 278 It will bo noted that the list does not in- ueauy increase to dtio.wu, cuvieea into euu.ijuv ordinary Mexican Jttailways were harder and Argen- COLONIAL te PBOVISaAL GOVEBNMENT SEOUBITIES snares or ei eaon ana b.uou ttoierrea. snares or ti eaon.

tub 3 -i SQO.ooo ordinaiy shares were offered for subscription on 20th dude the bond issue just announced Dy tne tj deacriTjtiona steadier but San Paulo trotostit from the various borough counolls (and has causeo, liio above report), will bo allowed to continue on the streets time Hlono can allow, hut it is obvious that there exists prosing audi present public demand for a passenger vehicle which, whilst nrovldlnir for the tmblio convenience, will bo Canada (Dominion) 4 p.0. 60 158 7 63 11833 36 5a "is 5' IB 245 -100 313-09 57a 60 7a "ia i'5i8ija 66 S7a 2670 48 03 67l8lia Hi 81 16 7l8M-lu 106 290 03 1. suDSCrlptton. The irdnSurilptto tip which the i ansyivtum uruau uipa-uy. eu.

ordinary Msvpole Dairy cum.prf.233, 230 Melllns Food (Auat 4N.Z.) anduntna, D48 Do. prov. oerts. 5358, Hong Kong and Shanghai, 7314 Industrial of Japan, fuljgwlth coupon 4 Lloyds, 315a London 24 COMMERCIAL, Aerated Bread, 618 Alhambra Co. 280 ApoUinarls A- Johannls cum, pref.

7B18, 6a Artlzans', Labourers', Qen. Dwellings, ll Assam Bails cum. pref. 1 7 Associated Portland Cement cum. pref.

6 Bergvik cum. pref. 124 Borax cum. pref. lla Do.

4M p.c deb. 1074 Bovrll, 196 British Aluminium cum. prf. 946 Do. 1st mort.

deb. 1045a, 5 Brooke, Bond, 396, 410 Bryant and May cum. pref. 12'a. His Burmah Oil cum.

prf. 28lJa Calico Printers, 80 Carlton Hotel, 1571 Casseil and Co. 65,0, 676 Chinese Engineering, 378 (J. and F. 8iJ3 Commonwealth Oil Corp.

pf. ord. 179 Duulop Pneumatic Tyre cm. pref. 156 Eastman a cum.

pref. 283 Evans (D. and Cc 663 xd Gordon Hotels cum. pf. Do.

4 p.c. deb. 75'a Greenwich Inlaid Linoleum cum. prer. 229 Harrod's Stores, 844'a Do.

cum. pref. 5T8, 6I4 Do. Founders', 6813, 5a, 84, "ie. 3a.

'32 Home and Colonial Stores Id cum. ord. 439, 463 Do. la p.c cum. prf.

507'a 563 Hope Brothers cum. pref. 190, 196 Direatcrs might orjginaliy proceed to allotment was fixed at payable on application ana on BJ-ltraneilTj in Tt.n MiRRAl1n.nvnn rlAnnrtmonr. ten ties from tho oblrctlooable features Tcterrod to shove. The Directors claim that this demand Is now supplied by the reduced.

1910, 1014 Do. debs. 1H24, scrip, 102 Cape of Good Hope 4 p.c 10-vr. debs. IOQ'4 ranong L'onsoiioatett 303 Bio Tinto Copper 64'g Tharsis Sulphur 55s 58 Waaeau G.

O. Mining 50 25J2 Associated Gold 84 2132 Associated Northern Blocks l'r- 178 Brokenhill Prop. lliij 59 San Francisco del Oro 56 515ib Golden Horseshoe 5S4 50.000 shades. Quebeo 4 p-c. ster.

Nas. 1 to 6,000. 1931, 1011a Queensland 4 8g South Australia 4 I9US- 16, 101 U. 18, 3a Straits Settlements 4 p.0. 5-yr.

i03ia respect of this will require approximately securities were marked ojuii feel that thov onlv need uunt to those now Hifrher, The actual amount of shares offered for snbsarintlon was cum. prei. 403 Millars' Karri Jarrah, 68 Do. cam. nref.

163. 189 300,000 ordinary shores, of which 85,851 ordinary shares 2,000,000 New South Wales 4 p.c. 20-yr. running at popular f.ires on tho streets of I-ondoa to prove this claim. They ootiddcntlv predict that tie coneral adoption among them Mem 4 per cent debenture, aecs.

ibio, of tho eleotrlo omnibus will solve the surface passenger traQlo. A combination of India and China selling Barclay, Perkins 3 per cent, Bass, Ratcliff pniotctu or London. nam urcai. iiouioer 256 BEQ1STKBED AND INSCRIBED STOCKS. a marnet devoia or support; caused a r.rnr,ro(3 r.liaT-nnn rr- tvt.

nnrl were aiiottea in Apru, iuuo. anoruy axter mis issue 41,405 ordinary sharos were allotted to applicants, therefore malting 127,256 ordinary shares, on which 66,216. 17s. was paid. On the application of shareholders, the allotment ol 80,615 shares was cancelled, and an amount of 10,701.

4s. was re 43 Great Boulder Perseverance In spfio of the criticism the undertaking met with, in further appreciable fall in silver the spot.Qoua 4 dejen. 651S Great Oobar 81j2 Great Fiugall 7'8 Ivanhoe, 3 40 61 ia 7l5lfl 7111B enriy stagre, uit Directors were ttust tne aecuoou3 would prove a commercial success, and they submit that the KStdta uchlered, as Indicated by the figures given below, have fiillv fusilllBil their oenvlcLIons. Tnev claim that recent Kaieurli price declining to and the forward price to 34Jd. per ounce.

Currency quotations are decidedly lower again, Bombay advising Es.64flc ready and Be. 68 ship turned in tne shareholders withdrawing. There was therefore, after these withdrawals, 46,641 shares remaining, upon which an amount of 45.349. 8s. has been paid.

On November 27, 1907, an offer was made of 63,359 ordinary shares for subscription, with one 1 deferred share for each experience shows that clcotvio traction is the only oatisfaotory. Lake View Oon sols. 99 S6 Mount LTeil srjo eulutnon of the problem of omnibus tramo lor tea Loacon streets. 1 "ia is Canada Canadian Pacific Sail, laud grant, 101 Do. 2 p.c 1008, I Cape of Good Hope 4 p.c.

reg. 1B17-22. 103a Do. 3M pc. g414 Do.

3 p.c 82 Natal 3 p.c. 1929-49, 841a New Zealand 4 p.c 10658i 5B Do. iA p. 1005a Do. 3 p.c.

ia, a Queensland 4 p.c 2924.10656, 14 South Australia 4 p.c 1882-7, 102a New South Wales 2 p.c. 1924, 994, 14. la. 84, Do. 1918.

93I4, la. 9, 18.9.U Do. 3 p.c. 1935, 88 Do.3 p.c-1930-50, ggie.M, ia. 8'a Straits Settlements ZH 19377, 97'8, 84 A Tasmanian 3 p.c 9994 Do.

4 p.c, 106'a Victoria 4 p.c. 1BB5, 104'a Bo.Sii p.c. lS2i, 1004 Do. 1929-4y. 1004, la Western Australia p.0.

1927-47. 984 2B1! 1 80 95a complete ommary snares tor wnicn tne applicants tor such 53,359 ordinary share should apply. In, pursuance of vroja xtrowuiuu Sons of Gwalia South Xalgurli Waihl Starting with, only a fow Electrohuses in July, 1907, the ousfber has been gradually augmented, and it is Intended) to utilise Che proceeds of this Issue to 1 nor ease the cumber of vehicles- and V) provide such further garage aocommoda.tlon.as HlB 7ia 01 ture. Hudson iJay recovered and there was an inquiry for Bio de Janeiro and Sao Paulo Tram and Light issues on the announcement of good earnings. Egyptian bank shares were again dull and the motor group was heavy, Daimler ordinary further falling to 1 and Darracq ordinary and Rover ordinary -rV each.

Harrod's Stores ordinary are another -fa easier, and the founders' shares changed hands at 6. Associated Cement Preferred declined to Do. mart. deb. 89'j Nelson (J.) and Sons, 200 New Colonial 1st mort.

70'4 Nicholsons, 20.0 Nobel Dynamite, lSia Peek, Frean 1st mort. deb. 10214. 2 Bead Bros. 268.

26iO'a Do. cum. pref. 193 Savoy Hate, 51a Tilling iT.) onm. pref.

450 Tuck (H.) Sons. 239, 233, 236 United Lankat Plantations, 800. 79412 United Limmer Vorwohlo Bock Asphalte, 303 Van den Borgbj cm. pf. 59ia Waring and Gillowcum.

ord, 157ia Waygood (li.) cum. prf. 209 Weldon's aum.pref.196.199 Wheeu (11.) and Sena cum, pf. 576 99a tuts oner, ominary ana sas aeierrea wares were allotted; 6,602. 5s.

has been paid on the ordinary shares, and 353 on the deferred shares so allotted. In addition to 'ho akovo allotment. 174 ordinary shares Ex dir. nitlt tlie xlgne to call for delivery of u. lurther number, ancj oon tracts for the maintenance of tyres and accumulators have tWMSflnlAML IntD.

and 1,847 defcrreri sharos nave been, allotted, on whloh 164 ou the ordinary shares and 1.647 on the deferred shares ihaya been paid. The total number of shares allotted by the Tne actual running figures for the nine months from IGthi ment, and Calcutta and respectively. Eastern exchanges based on silver were flat, the Hcng Kong rate falling d. and the Shanghai and corresponding reductions were made by the banks in their baying quotations. Rupee paper in India fell to -fe, to Rs.9S& (Bombay) and EB.9&J (Calcutta), and in sympathy the London price closed i lower at 63 to 63J.

Indian Bank Kates. Bombay. 8 per cent, April 16, 1908. July. ltrU7, to iiut April, as suppiieor ena voucneo, jor COLONIAL AND FOEEHQN CORPORATION ST00E9.

below 6 and English velvet Dyers ordinary Company therefore being 54,271 ordinary shares, on which 627115. 13s. Iras been paid, and 2,000 deferred shares, on which 2,000 has been paid. On the 13th April, 1908, by a special resolution, passed on that day. each of tiie 5,000 1 deferred shares of the Company, whether issned or unissued, was divided Into four Sa.

deferred shares, sa that the nominal capital of the Com-canr now consists of 300.000 1 ordinary shares and 20.000 oy ttio Compurrs tramo manager ana garage superintendent have heea oenIfIed as correot by tne Company's auditors, and axoas follows: Number of passengers 970,271 Number of cat milrs run 93,482 Averager takings per oar mile. 13.069 pence to but ApoilinaBia ordinary and preferred rose i and Pease and Partners deferred Coats? were firmer, and Eastern Telegraph stock advanced 1. Taking Sir Done. as Fox ant) Partners' eatlmnto of gja. per deferred shares, of wlilch 64,271 ordinary ehares of 1 eaen nave now men jssaoa, ana aeierrea snares oi ss.

cat mue tor expeu-ses, prone or na. per car mile is sttowtr, audi is adopted by the Directory for' the1 purposes oC this pro. Camjctta 7 per cent, Mar. 26, 1908. Montreal 5 p.o.

102 Olago Harbour Board 6 p.c IO584 Quebeo (City) p.c. 94 Band Water 4 p.c insc.93 12,14 Bio de Janeiro 5 sold, 86ia Sydney 4 p.c. deb, 10078 Tokyo p.0. aterl. 942 Torouto oii p.c cons, loan debs.

91 14, la Vancouver 40-year gold, 99'a Wellington 4 p.c deb. 1S07, 10014 Bloemionteln Insc. 91, 84 Copenhagen (City) 4 p.o. 1908, 60U Durban (Borough) 4 p. reg.

1953-7. 964 Jooannesburg Municlp. 4 p.0. Insc 88, 54 Melbourne (City) 4 p.c. deb.

102ia. 14 Melbourne Harbour Trust, 4K p.0. 1915, 1044 Do. 4 p.o. 1918-21, 102'4 Montevideo 6 p.c.

908, Obaia (City) Harb, Construe MANCHESTER SHA.RE MARKET Saturday. The home railway market has heen stagnant prices show no material alteration in face of the settlement, which begina on Monday. Grand Trunk of Canada stocks are fractionally better, and Canadian Paciflo show a rise of about $2, ia sympathy with Yankees. In American the mere active securities are 8i to SI better, whilst Milwaukee and Union Pacific are 82 and S3 higher respectively. There is also a firmer tone in the South African department.

Miscellaneous markets still remain idle and featureless. enen have now peen issued. The Company will pay a brokerage of 6d. a. share on oil ordinary shares allotted nsan nsnUcatlons bssrimr a broker's speoujs.

The original estimate of the cost of accuraulatim was 2d, iwvr oar mite. Tha Comoanv. alter a ssales of teste 'of a 'Exchange "Ratfis from the East. To-day. JtVevioas datr.

s. d. it. I a. d.

a il. The Great Central Railway invite applications for 800,000 per cent second deben BREWERIES AND DISTILLERIES. Alltopp and Sons 34 p.c. db. Bass Co.

cum. pref. 99'a 45 Colchester Brew. A mrt. deb.

Bleckert 's Brew. 4 p.c. 1st db. 58 354. 5 CANALS AND DOCKS.

London and India Docks Mi I wall Docks ordinary pref. ord. 9712, 8'8 174 eatamp. number of batteries, has during the last seven months beer copies or me rnsmoranaum arm articles or association or Calcutta por rupee h. th oV fhfet Company aadortha above contracts and the full report tihioh it has paid at the rato of pd.

per car inlle for battery slr TjSncias Fox and Paatners. referred to In Urn inttar Transfers i og i oj ntti itiiimn.Tj I maintenance, which oomoldc3 with tho oriauiai estimate. or In ted below, toe other with the certificates of the auditors. Bombay per rupee traffic, manager, and garage superintendent, can be seen at tho offices of the solicitor of the Oomnaav between the hours p.c, i FOREIGN ST00K3. Ac (aottpons payable In London).

Ic! 11 and 4 on the days upon which the subscription lists Do. def. 694 Surrey Commercial Dock Do. A pref. 101, 100 pref.

121, Do. if, 99 ELEOTBIO LIGHTING AND POWEB. ture stock: at the price of 92 per cent. The Bank of Montreal offer for subscription 1,000,000 4 per cent sterling registered stook of the City of Montreal. The price of issue is 99 per cent.

Subscriptions are invited for 240,000 ordinary shares of 1 each and 12,000 deferred shares of os. each in the London Transfers i on i o.j Bonj Kong per dol 4mos.Lan.credits 110 0 0 1 10i 0 0 Transfers 1 94 0 0 1 10rj 0 0 Argentine 5 p.c 1884, 100'a Cuba p.c ext. 102 1 9 Do. laWf, 10Z8. 3 are open.

Application the Committee the London Stock Exchange In. due course for a settlement In and quotation of the shares. Annlicatlons for shares should bo. made on. the form below Do.

Bail. 1B9Q. 10Q5i Edmund mju's lit morU deb, London Electric Supply 1st Shanghai por tael 55. 22. 3 mort.

deb. 921a Electrical Development of Tho oonsumjtlon of current has boon reduced since the test ma do by the engineers, as referred to In their report, by Improvement" in the design of tho chassis, and Is now ascertained by the Company's garage superintendent to bo 1.264 H.Y.U. noard of Trade unit) per car mile, instead of 1 IiyfC, as sliown by the abeve-nientloned test. Tho cost of current has also been reduced, and accordlag to tenders now bifore the company the Directors estimate that the price far current for -the increased number of omnibuses to be rim can i reduced to (four-tenths of a penny) per B.T.U., which hiwws a oonsidershle saving on the original estimate. In this ooimeotioD the Directors' call the attention of Intending Investors to tho report In tho Commercial, Ifotor i April 9, 1908, of a speech of Llcutesant Colonel R.

E. B. Cnrmpten, C.B.. president of toe Institution, of Electrical Engineers, In wfclcK is reported to have said, inter alia, that It was onlv a Question of organisation for the acou- or that accompanying the prospectus, and sent to the Com 1mo3.Lon.creu.its a 0 oft Transfers 2 5J It 0 2 5J 0 0 Ontario 1st rat. Folks tone Eleo.

SuddIv. 978 Japan per 1 nil rt rt rtm Electrobus Company, Limited the Company formed to run eiectrio omnibuses for the con Kensington or Knightsbrfdge The following transactions are reported on the Manchester Stock Exchange: GOVERNMENT AND CORPORATION ST00K9. Japan 454 p.c iterl 8884" Manchester-3 p.c. 1891, stamp free Two and a Half per Cent, for acct. 6th May 885a veyance of passengers on the streets of Lon iect.

aiiguting, a MNASCIAL, LAND. don. Subscribers for ordinary shares of this Mexican Light and Power cap. 47. 4.

7 Notticg Hill ord. UJg Shawinigau Water Power, 64ia. 34 xd AND INVESTMENT. Peruvian Corp. 716 Dc cum, pref.

32131B, Do. 1st mort. dob. 941a, 1 Port Madryn 563, 5941 Scottish Australian Invest. 5p.c guar.

pref. 112.14 Trust A Agency of Australasia cum. pref. 9 la mo9.iJorucreaiM u-j a u( Transfers 2 OA 0 0 2 OA 0 0 Straits per dollar. SmoE.Lon.

credits 2 4g 0 0 2 4 00 Tranafers 2 0 0 12 3fi 0 0 Sellers. Outward Hates. Bank Buying Rates. To-day. Anglo-French Explor.

13112 Assets Beallsatlon, 950 Citlgary Admontou, 250 xd Egyptian Investment and issue nave the nght to apply for one deferred share for each 20 ordinary shares applied for. pany's Dn leers, tegetneT witn a remittance Tonne amount ox the deposit. Where no allotment is made the deposit win be returned In full, and where the number of shares allotted Is less than the number applied for the balance of the deposit win he applied towards the remaining payments. Failure to pay any of the future instalments on the shares allotted when doe will render previous payments liable to forfeiture. Proseectuses and forms, of application can be obtained at the offices of the Company or from the bankers or brokers, and ot the offices of Steele, Lockhart, and Company, 63, London Wall, London, E.C.

April 21. 1908. Sir DOUGLAS FOX A PABTSEBS, Cross Keys Bouse, SS, Moonrate-stieet. London. K.C..

Anril 16. 1908. mulatsr omnibus to bo put on, a satisfactory comraerclal. After the holders of- ordinary shares have received in each year a dividend of 10 per Hudson's Bay. 808a, lie1 New Zealand Loan and Merc, Agency prior lien, 921a Bio Negro (Argentina), 230 railways.

Great Northern da', conv. 405a Great Western 117 Lanaihlre and Yorkshire 905a London and North-Western 4 p.c con. Ill 14, COLONIAL AND FOREIGN. Alberta Hail, and Irrigation 5 p.c deb 931 Buenos Ayrea Western 1201a" Canadian Pacific inn basis and to pay its eharehuaersi weu." Tie mmlts attained are, In the opinion of the Directors, utisfactory, and warrant thorn Inviting, with confidence, subscriptions for the unissued shares. Experience provs that tacit Eentrotius will run SO miles per dor.

Oiven 150 omnl. bum running 300 days per year, the not profits, after providing for drivers' and conductors' wages, tyros, accumu-HIotv. electric current, insurance, depreciation, maintenance, annuMl eeneral exuenses. mav bo safely CO days. s.

a. India Rangoon. per nip. 313 To the Chairman and Directors of the London Electrobus Hons; Cong per dollar i. a estimated, after abowlng for alt contingencies and an ade-i Japan per dollar 2 0 Erie common 1911 FINANCIAL Alliance Invest, em.

prf. 88 14 Anglo-American Dab. Carp. deb. 971a, 7 Mexican Cen.

Bali. Sees. deb. 8 Do. Nos, 78 TRUSTS.

Foreign and Colonial Invest. pref. I2lia Globe Teleg. A Trust, 101, iiM Tonopah and Tidewater lit mort. deb.

1004, cent the available balance ot proht will be divided as to one-half among the holders of ordinary shares and as to the other half among the holders of deferred shares. The list opens to-day (Monday), and will close on or before Thursday. The following were the prices of the principal stocks and shares at the after-official close, together with the making-up prices at Straits per dollar 2 31 Grand Trunk of Oanada 14Iii. Company, Limited. aentieineD, From tne report ana dgures which have bean cent to you, and which oonr.tln full details of the whole of our trials and examination of the elect rohua and garage equipment, you will see that we estimate the working costs for 100 eSeotrobuses at from Sd.

to 9 id- per car mile. This figure we have arrived at after making careful calculations and allowing liberally for xnalntcnanca. re Shanghai per tael 2 4g Missouri, Kansas, and 26a Penusylvanu. 8078. 5a 30 days.

Demand d. s. d. I 3J? I 3J, 1 94 I Oi 2 0S 2 04 2 34 2 3ft 2 4J 2 2 5fg 2 6 33 days. Demand d.

a. (1. 1 34! I 335 1 9 1 9i 2 OJ 2 04 2 34 2 3A 2 1 2 54 2 6. 2 64 neatsiu pertaei ot Previous Day. 60 days, Egyptian Unified Debt 4 p.c 10214, ia.

14. ia Do. State Domain, 10378 Greek p.c 1881, 4B'a Do. 4 D.C. Monop.

49 Honduras 10 p.o. 18-j7, 7S4 Japau5p.c. 1835-6, 97lie, 7,14 Do. 4 p-c sterl. 81, 8084, 'a, i5n.

iia Do. 5 p.c 13J1-2, 961a. la Dc 4 p.c 88ia. "ia. ia.

04. ia, 'is. "ia. Do. 2nd aeries, 88ia.

7is, if, 5a, 78, 'E. -4 Dc 4 p.c iter. 1905. 797a, Do. 5 pc Eng.

scrip, 5a, 7, 684 Mexican External 5 p.c gold 1893, IOI84 Norwegian 3 p.c conv. 1888, 82'a Portuguese exter. 1st serins, 62 '4 Bussian 5 p.c 1906, 95118, 4ii6. 5. 14.

San Paulo Exchequer bends, 97B, "is Siamese Eng. scrip, 941a Spanish 4 p.c sealed, 961 Swedish 2H p.c 1880, 97'a Turkish a p.c 191, lOOa. 1 xd Uruguay 554 p.c. 703j, 1 Venezuela 3 p.c Dip. 45Ja, 5a.

14 (OBDINABT). Hull and Barnsley, 481a, 84 London and Brighton def. 845s, la, 5a London and Chatham, I25is, I4. 732. 18 London and Tilbury, 115 Metropolitan surplus land, 67 Midland pref.

624, 2, la Do.def.55156. North Britiah-N B.ord. pref. 645a. 5a Do.

ord. 304 North-Eastera consols, 132. I84.1m.8a South-Ea tern prf, lO.l'a Do. def. 364, 1 Tafl Vale, 764 newals, and depreciation.

Tho same considerations that point to a low cost for maint er-r and renewals also lead to the Do. Treas. conv. 100 '4 Do. 3M p.c exter.

73 Do. B.A. Water, 1034, 3, 8 Do. 4 p.c bonds, 1897, 84 Do. 18S9, 83'a, 4, la Do.

1900, Laws 845a. 4 Do. Port of B. Ayres p-c IOOS4, 14 Do. 5 p.c intern, gold, 1907, 981818 Brazilian 4 p.cl889,B2l4.58.l4 Do.

6 p.c West, of Minas, 9512, 6 Do, funding, 1031 Dc rail, guar, rescis. 1901-S, 841a Do. 1903, 98, la. Do.Sp.c.1907, 9284 Do. Comp.

Uoyd Brazil. 9984, la, 84, Ss Buenos Bulgarian 6 p.c Stale, 102'2 Chilian 4 p.e. 1836, 88I4 Do. 5 p-c. 1896, 96 Chinese 6 p.c gold, 1895, 105318, 718 Da3p.c.lS6, 10Ha Do, 4 1898, Do.

Imperial rail. 101 Do. Shanghai Nanking, 10214 Colombian extern. 42'a BAILWATS Caledonian def. conv.

228a Glasgow and South-Western pref. 5912 Great Central prf. ord. 20tf Dc def. 11 la Great Eastern, 635lJ, 5a, If, is.

ia. 'ie. ia Gt. Northern ptf. conv.

94I4 Do. dei. 404, la, 63, Qt. Western. 1171a, 65s, 8g, 'a.

7ia. 6ia. Lancashire and Yorkshire, 9a 8884, 'a, 90 London N. -Western, 133'4. $16.

2'a. 31a. 284. 314 Loudon and South-Weatern, 141 Dc def. 447a Hmcluidon that an e.uosua without difficulty, be n.

OAS. Oaallght and Coke, 9484 5'. Motrop.ot Melbourne deba. Ja. 484.

5a. "is, ia 10m Imperial Continental, 180, Blver Plate Gas, 14, 37a 'a, 79la San Paulo Gas, 1363 INSURANCE. maintained in fairly commission. We can see no the last setTJemeni): Settlement Bis or Closing prices. analogy between tai numerous and complicated working riArtfi Af tha netrol cmnibua.

oneratln? under adverse condi faU, Saturday, India rup. Hong Kong dollar Japan per dollar iuase sum for reserve, at M. per car mno, woicn is equivalent to 300 per annum per omnibus, so that 150 omnibuses atr 300 por annum net profit per omnibus 43,000 Deduct 10 per ceit dividend: on the-whole of the- ordinary share capital. 30,000 15,000 Tre figures leave. to pay a further dWdrod on the ordinary sharos an annual dividend of over 100 por ffat on the deferred shares.

The right to apply for one of these deferred shares Is now given to every applicant for 20 wtbury snares of tho present issue. The raragf and the charging station of the Company are at Sorseferry Road, and 1, Earl-street, Westminster, S.W. They communicate and form comnodioos aremlEes, efficiently quipped with appliances for the Compaay's present business. Intending subscribers axe referred to tlio photographs of ho premises in -tie pamphlet occoinpinylag the prospectus, id are invited to inspect them. The following contracts were entered, tnto, bat have since bo date thereof hsoii rMOiiided: April 8.

OA.ml, 91 Ti n. 1623 S63tr OBUja-U Alliance now, 12'1B London ft Lancashire Fire, 22 Commercial Union. 16 London Asaurance, 5184 0 3. 4i 5i San Pauln 'Brazilian ord. 1954 Onion Paciflo com.

MINES. British South Africa Chartered 14H Dsrien Gold 3um. pref. acet. 200 Iranivaal Bstales and Development 81Q1 Bleachers' Association cum.

pref, 1D Bolckow, Vaaghan.and Co. ord. 201 5i. 207 Do. 12s.

paid 116 Bndford Oyer" Association cum. pref Zl8 British Cotton and Wool Dversord. 49 Brooke, Bond, and Cc 3S3, 39. i Brown (John) and Cc 1 paid i averse 293 Calico Printers cum. pref.

141012 Cargo Fleet Iron 57101 Tinrrmen A.l and On. 2A3. tions, and subject to frequent ill-usage, and the comparatively few, substantial, and. simple parts of the electrobus eQuJpizient. we therefore consider that it is safe to estimate on annual mileage of 24,000 allies equivalent to 60 miles per day, for 300 days per year.

When working in competition with other forma of passenger transportation the earning power of any vehicle is measured (Riven the required density of traffic) Straits, per aouar Shanghai per tael Tientsin per tael Bank Bills upon 6311 Bank Selling Rates. Previous day. mainly by lw popularity with the travelling public Wo found that the electrobus attained practically the same aver-ara snecd as other mechanically propelled vehicles, and Bo. account 88uia Irish Land 2 per cent 808 National War S9la Transvaal new 3 p.c. 97'a India Rupee paper Ji p.o...

631a India 3 p.c. 1948 91 Do. 2i p.c 7712 Tendon County 34 p.o 100 Manchester 3 p.c 1891... 87 Canada 3 p.c. 1938 96 Cape 34 p.c.

insc B34 Natal 34 p.c Oons. 97 N.S. Wales 34 p.c 1918... 99 Near Zealand 34 p.o. 100 Queensland 3i p.c 99'i 8.

Australia 34 p.c 1939 10O'4 Today. A. el. a. 134; 0 1 3j; 0 1 3JS 0 s.

d. a. d. 1 31? 0 0 1 3JJ 0 0 1 3Ji 0 0 rnoenix, aag Sun Insurance Office, 10s. paid, llllu, 6g AND STEEL.

Dorman, Long, Co, 16T7H Vlckers, Sons, and Mavirn. 340 Do. non-com. preference, 1 paid, 200 Do. 2nd mort.

dec 104 Do. 3rd mort. deb. 604 Wlllans and Bohinson cam. pref.

706 Workington Iron, 313 60 days rup. 20 days rup. Demand rup. Guardian Assurance, 101 Indemnity Mat. Marine 984 Liverpool A London A Globe, 1 ann.

2o78, 6 IRON. COAL, Armstrong. Wnltworth, and Co. 513 xd Do. cum.

pref. 933 Cargo Fleet Iron, 58 Guest, Keen, and Nettlefolds cum. United States Steel, 375ia, la. 7. 7.

14. 18. 7. la, nu IB. 58, lis, '4 Dc cum.

prei. 1031a, 27, 3118,3 accelerated smoothly and quickly from standstill to full speed. The freedom from smell, vibration, Jerky action, and grinding noise, tne mvanauia uuaracieriauca ox yebrui uuiuir buses, are features which eeem certain to recommend the electrobus as much to the public ss to property owners and The following rates of exchange on London are cabled from the chief commercial centres. 93 9384 97 99 '4 100 too 1001a tho authorities. We are, gentlemen, yours iaiiaruny.

(ejgneai tv The previous quotations are added for com Do. cum. prei. 228 umber ord. 20C Manchester and Liverpool District Bank 46U Manchester Brewery ord.

389 Manchester Ship Canal ord. 199 Parr's Bank 825a Talbot Continuous Steel 49 Threlfall'a Brewery ord. ZOtQ United States Steel Wit. 1 Victoria oi p.c insc luvt 1 ai IC fl parison: Subscribers for ordinary shares of this Issue have the right to apply for ens deferred share for each 20 ordinary shares 86'a At.ril 21 25f. 12jc April 25.

Aoril 24. Paris, 2Sf. 12jc t25f. 124c. Uerliu.

8 20m. 42ipf. 20m. 42lpf. SIFoSyOF APPLICATION FOR ORDISABT AND DEFERRED SHARES.

20m, 42Dt. No. ua. emu. proi.

l0Za- Do. 5 months. 20m. 29nf. 20m.

29tf. 1025a Argentine 5 p.c 1B35 1024 10283 1 Do. Buenos Ayrea Water- 10234 897a Do. rescis. 4 p.c 69la Do.

5 p-c 1S07 93'4 83I3 Braxilian 4 p-c 18S9- 82I4 Kn3. Avrej)3DX. sterl 6O84 20m. 29pL 700 IHE LONDON ELECTROBUS COMPANY, Do. 20m.

44pf 20m. 434-441 WUlaos and Robinson com. Workington Iron ord. T1 1 31u Sm. 44 2fif.

21 iinrma). BAILWAT DEBENTURE STOCKS. 'I'hii fnrm should be sent enitre to the bankers of the Com. BO88 -4 9984 975a B3 -a 91l -U 78lj 101 ea 96ia B414 97ia 100 iooia i0Oa 10O4 10084 87ia 10314 10314 90 9884 824 61 14 14 1031 86'a 9sia lOi'a 1021a -14 87 sail B01( 37 04U 1028 96 8II4 4 8884 sa 98'a i 102 8 33 14 BI84 83 9514 B21 94 -14 70ia -i 4504 -ij 103 Hull Bamaley2nd deb. 107 and Wastminster Bank.

Limited. 41. Lothbury, amgaziuu p.w. luaa iuam Chilian 44 p.c gold 1835. UNLISTED SEcrxBTrrta Broken Hill Kellner-ParUngtoB nau-.

8s, Hamburg, cheq. 23rj. 43.pf, ZOra. 43pf. 20m.

44pf. MINES, to. Anaconda Copper, 7181a, 7 Mysore Gold, 839, 100O ex coupou 30 Nundydroog, 240, 243 Arizona Copper pref. 399 Bio Tlnto, 648a. if.

lis, De Beers def. Ill ie with coupon 22 Great Cobar 1st mt deb. 891 Waihi Gold, Ba la. SHIPPING. Furness, Withy, and Co.

223 Shell Transport and Trading N.Zealnnd Shipping deb.9394 cum. pref. 1 Oil TEA. COFFEE, AND BCBBEB. Assam, 30 DImbola Vallley (Ceylon) cm pref.

57 xd TELEGRAPHS AND TELEPHONES. Anglo-American pref. 997a xd Eastern Telegraph, 1 321 Commercial Cable deb. 86 Dc pref. 85, Chinese 44 p.c 183S (.

66 miniana p.c 734 Port Talbot BaiL and Docks, 4 r-c deb. 1055a Geneva, Viof. 18c let 85 4 96 101 I02ia natdL.fiHO Johannesburg con. Invast- Do. 3 d.c.

Imperial lOQls crossed and sot negctiaale. SHARE CAPITAL 305,000, divided into 300,000 ordinary nf 1 och ud 20.000 deferred shares of 6s. each. Great Eaatera 4 p-c 11212 Great Western 4 p.c 117 Do. 5 p.c 1434 London and Greenwich 4 p.c perp.

105 London and North-Western 3 p.c perpet. 895a. 14, 90 Vieuna, sight 05 24 U5i-0b Bhondda and Swansea Bay 18 24 IB 24 158 Mount Lyell Corns tock. 09 Bandfontein, 230 Dc spm Sathertand Beefs, 071 ambesia Kxplor.143,1441 Envptian Unified 4 p.a 102 Do. 34 p.o 96 French 3 p.c Sail p.c iwt 7'4 95ia Offer for subscription of 240.000 ordinary shares of 1 each and 12,000 deferred shares of 5s.

each. The ordlaary tiavtaHIa la. nar Bhare on annUcatlon. 4s. ner 18 24 18 24 l.

listed the 19th Acril. 1906. between Uontagne Jerome do Martigny of the one part and this Company of the other part, being on agrwrneet for sale of the benefit of an Catcd the lSth April. 1906, between tho Motor Car Emrortum, Umttd, and M. J.

W. de Martigny in 25.000, to bo satisaed as to 5,000 in fully Vftid deierred shares of tho Company of 1 each, as to 10.030 la cash, and as to the bslanes In fully paid ordinary shares of Company or cash, as tbereln mentiered. No 'h was raid or shares allotted under this agreement, which to oaacfQed. bv agreement dated the 16th May, 1906, and reiio betTvcin tlie same parties. i.

Dased tho 19th April. 1906, between the Motor Car Eoporiura. Limited. 6f the oxe part and this Company of the ether part, being an agreement for the sale to this Company of 300 oTeotrio motor omnibuses at the price (without tyres) of 700 each, with an option for the Company to take further omnibuses at the ssme price. This agreement was cMoeted by agreement dated the 8th June.

1906, and made VTWi-n the same parties. 3. Dv.d the Sth June. 1 90S, between the Motor Car nporlum, Limited, of the one part and this Company of the her part, being an agreement for th sale to this Ooarpany l'f ten leetrlc motor omnibuses at the prloe (without tyres) of 700 ecch. This agnwoent was canceled by agreement cwed the 'h Mav, 1037.

and mado between the suae parties. The Mlowinc contracts have also been entered tnto: J. IHt ush Aprlt 1906. between the Securities Ex-ehance. and the International Meter TrafBo StywH-rate (hinc said Montague Jeinme Ward de Martigny), wridSi; f.ir the underwriting of 50.000 1 ordinary shares 'ra commission of 5 per cent in cash.

(The of this agreement was assigned to the Oom-rwtv. ar.d monevs which were due or which oooid at iav "me hceaie due thereunder have been paid by the Company.) 5. Dxi-d ie 19ih AdtU, 1906. between the said Montague Jrore Ward de Mariignv (the promoter of the Company) of the one part and the Com pan of the other part, proridinfr for hie reanronraVon by payment of the sum of 8.500. which the estimated amount of the preliminary expenses of the Oro.lev: and further gtvtne him the riirhts (1) to nominate two directors of this Company, and) (2) for eighteen calendar months to subscribe at a premium of 6s.

for any ehares of the Comaaoy which might bo issued after the first general llotramt. 6. Dated 8th June. 1906, between the said Montague JeTie Wirro a Martigny of the one part the Company of the othw nart, providing for the manner rn wbloh the said tarn of cuv l-. 4Ha lAnt.Yntimrrt Nntmt at 80 14 3 p-c 794 Odd lot.

12 11 120.104-11 aat. use 2 05 18 24 18 24 12 10-104 ps.23 83 SS 15 dr.27 32i 28 86 46,,. ps.2S 83 is.28 83 share cm allotment, 5s, per share on May 30, 1908, 5s. par share on June 30, 190S, and the balance of 6a. per share on September 30, 1808.

The deferred shares are payable 25 lb io 14-16 33 Greea: px. aM 94 Hungarian 4 p.o. gold M9354 i 1021a Italian 32 p.c 1 98'a Japan 5 p.c 1901-2 954 I BlU Do. 4 D.C 18S9 8O84 BAILWAT GUARANTEED SHARES AND STOCKS. Caledonian 4 con.

1124 London and 4 p.c 6 fwc prf. 1521a cons. guar. 1 14a Great kVestero cons. 141, 84 London and Brighton p.0.

Lancashire and Yorkshire 1 34I4 conn. guar. 1 13' Metro pol. District 4 p.c guar. dr.27 321 dr.27 324 In full on application.

To the Directors of the London Elsotrobas Company, Limited. Bradford CLOSING PRICES. 229 230 Eng. Sew. Cotton 29 "9 300 79 8 0 FlneSptnnera 239 290 8i 81 Ship Canal 196 200 94 91j Do.

pref. 230 286 Marconi Wireless 90 TRAMWAYS AND OMNIBUSES. 28 85 28 82-87 Gentlemen. Having paid to the Conipany'B) bankers, tho -9l4 Do. 4 p-c.

1905 (1st 88't 46 Ad. uauco i-nntera Coats ord. EubwVale Anglo Argentina 2nd son- British Eiectrio 13. B7U 1 Do. a P-c 1907 96a com.

nref. 715ifl 30 0 tOlla Mexican Exier. (gold, 1893.. Lendan and Westminster Bank. Limited, the stun of being; a deposit of Is.

(one shilling) per share en application for." ordinary ehares of 1 each In the London rvinnsiT. Limited, and the full amount of 5s. Midland 2'A p.c guar. 71. 4p.c 114, 1 Copenh'g'n.

sight Stockholm, Eight Amste'dam, sight Barcelona Italy, sight AUi'ens, Madrid, sight Lisbon, sight St, Petersburg, 3 Rio, 90 days Valparaiso, 90 days Buenos Ayres, 90 days Monte Video, 90 days 8U 101 ia 734 32'J em 8234 GLASGOW. Saturdav. The fonowhur tranaaetiotui an re BAILWAY PREFERENCE SHABE3 AND STOCKS. Caledonian 4 p-C 1902, 10554 London A 4 cc Do. cum.

pref. 813 Do. perp. deb. 90 Rio de Janeiro Trim, 82.

4 Yorkshire (W. Biding) Elect, rr nhxnt aTOUcatlon for deferred shares of British Columbia Electric pref. ord. 112 City of Buenoa Ayres, 1304, 58a Mexico Trams 1st mart. 884 ported on the Glasgow Share Market: Broken HUl Pro Peru corporation Da pre! Portugueee new Boesian 4 p.c 1889..

Do. a p.c 1906 Spanish 4 d.c 5s. each in the London Electrobus Comrjiny, Limited, I m. nsmW nf nnlinxrv and deferred cons. 1115a.

'2 94r. 75 110 17 April 21 15 ft a. 481J. 94r. 93 110 17 April 22.

loftd. 48Jd. 4SU UCL4J OO WATERWORKS. prietary, 370 i uaieoonian def. 23 ditto ewa unar-tere-i of Sooth Africa.

1411; Consolidated Goldtlelds of South Africa. 598; Baperants Copper. Gfad Trunk of Canada, 1432; Johannesburg; 19101; Mexican, 351; S4r. 75 110 17 April 24. IB Ad.

9d. 48id. 51d. Asked. Gt.

Central 5 p.c perp. Gb Eastern 3 p-c 18S0. 921 GU Northern 4 p.r. 109 Do. 3 p-c 1899, 801 GL Western 5 p-c enns.

139 Lancashire ft Yorkshire 4 p-c. Turkish Coined. 9484 92 L.9311 70 45'4 Uruguay 34 p.c London and Brighton 5 p.c 2nd, 1301 Midland 2H p.c perp. 68,884, 4. i.

S8 Nth. British Edinburghaud Glasgow 44 p.c. 118, 7 Bhondda and Swansea Bay 5p.c 12 Soutn-Eaitern 3 p.a 7QI enuueia aigei, tSIH; norm British oer. 30; Jtanaioateuh wui Bhodesia Banket. 23lla; Tanganyika, 66V0; Union Padfte shares and I hereby agree to sccept such shares, or any smaller number you may allot to me.

subject to the provisions of the memorandum and articles of association of the Cora-rany and upon the terms the Company's prospectus dated Slst Anril 1908. I agree to pay for the samo en the terms and in ihe manner above meatloaed. and antheriss yeu to plxos my name on the register ef members 1st respect of the Ftease sMtoOTt'thd word referring to deferred shares If It is not Intended to apply for such shares. V6 Uses! stgaatnr But Sorreyora deb. 114,14 Blekmaniworth ft Uxbridin.

164. lg THE MINING MARKET. London, isa nitea maui uteei, 3718; uorp, tin. 511 Slid. 1 iui -a London and 3.

-Western 1884, 11034 Dc3Kp.c975a.8Lj. 71 Offered. 34ia 62 83 la 944 924 94 69a 4584 87 2384 74 40 48 213 124 64 85 42 391s 468 105 S41 ith 1906. was to be paid, that the right of said -1 -Mi -14 AMERICAN GOLD BONDS. Considering the small amount of business passing and the few members present, the Atchison, Topeka, and Santa New York Central ft Hudson 3Tam (to foil) Fa 100-5T.

adjust. 90 R. Mich. Cent.co!uuV8a Buenos Ayres (New) OAS-The report for the year 1907 shows that the profit, after writing off bad debts and making provision for donbUai ones, is 60,689, to which is JriS brought forward, makiniT a total of 88,733. The directors recommend, after payment-of debenture interest, interim dividrmd, Irrferest on tw uuauLguo Jerome Ward de Marugsy unoer uie san omraaoc to anbscrlbe for shires at a premium of Ss.

should he can-eed, as that he should pay all law casts incurred by tb June. 1906. 7. Dated 8th Jtme, 1906. between the said Montague sroto Ward Won-Hwrnr or the one mrt and the several Caledonian 87 Do.

deferred 225a Central London 751? City and South 39 Furness consolid. ordinary- 44 Great Central pref. ordinary Do. deferred 115g Great Eastern 63 Great Northern 94 Do. deferred 40 lc Do.

"A- 37la Great Western 1161a Hull, Barnsley, Ac 48'4 Laneaahira and Torkshiro. 8S4 London, Brighton, an. 105 A. 841 frets Pieasa wrtu 83 781 41 47 2014 115a 8312 95 40'4 38ia 117 464 9014 107 844 jtone for South African shares was firm Do. 50-year, 92 Illinois Central 4 p.c 1952, 1021 Address largely owing to bear covering, which chiefly erectors of the Company of the other part, whereby tho said The subscription list for the issue of 87,525,000 30-year 5 per cent first mortgage gold bonds of the Kaministiquia Power Comnany, Limited, will be closed to-morrow, April 28.

at 4 p.m. Santa Fe Land. The directors have decided to call an extraordinary general meeting of the Company for May 15 to authorise the payment of an interim dividend of 2i per cent in respect year ending Tune 30 next. Do. Lake Shore, 8O84 Norfolk A Western 10-20-ye.

4 p.c 84 Southern 5 p.c 1st con. mort. 94 Union Pacific 20-year 4 p.c. conr, 891, '4- very dlitlnctly. "J3e Jerome Ward' de Martigny agreed to indemnify tne dtreetom anil ni, nf thm from all costs, ohanres.

oanital to June 30. 1807, a affected the diamond group. Both De Beers Mexican Central con. mort. 834.

5b. 5g, 5a, 3, 35a. i. 27a Minneopolis, lstniart.lftl34 on rate oi- -ri" fJira. and demands in respect of the issue of tho prospectus Sf.

meat of esares in the Company. and Tiemier deferred rose and the pre Profession ox Date per cent iar tne year forward a balancaof 2BJcTti. ferred Bhaietvof eacLoampany- while nmJAr.