270

THE COLLIERY GUARDIAN.

Jury 31, 1914.

2s. 9d., Admiralty; Sables, 1,400, 7 fr.; Savona, 5,300,
6s. 9d., 700; Seville, 3,200, 8s., August 4; St. Malo, 1,300,
4s. 4}d.; 600, 4s. 3d.; St. Helena, sail, 15s.; Spezzia, 5,300,
6s. 9cL, 700; Teneriffe, 4,500, 7s.; 3,500, 7s., August 10;

5.500,	7s., August 10; Torre, 4,700, 7s. 6d., 400; Trieste,

6.500,	7s. l|d., August 1; Venice, 4,600, 8s. 3d., 500;
Wilhelmshavn, 1,450, 5s. 3d.

Swansea to Varna or Bourgas, 3,000, 8s. 6d. one port,
8s. 9d. both ports; Dublin, 380, 4s.; Savona, 1,500, coal
8s. 3d., fuel 9s.; 3,200, 7s. 6d.; Genoa, 3,200, 7s. 6d.; 1,500,
coal 8s. 3d., fuel 9s.; Guernsey, 650, 4s. 3d.; La Rochelle,

2.800,	6| fr.; Spezzia, 1,500, coal 8s. 3d., fuel 9s.; Torre
Annunziata, 3,000, 7s. 9d.; Rio de Janeiro, 3,000, coal
13s. 9d., fuel 14s. 6d., 300; Fecamp, 720, 4s. 6d.; Roche-
fort, 2,800, 7 fr.; 800, 6f fr.; Bayonne, 700, 8 fr.; 1,000,
7| fr. ; Rouen, 1,000, 4s. 10|d.; 1,200, 4s. 9d.; Caen, 700,
4s. 6d.; Civita Vecchia, 3,000, coal 8s. 3d., fuel 9s.; Dover,
950, 4s. ljd.; Tangier, 13s. 6d. coal, 14s. 3d. fuel; Naples,

3.300,	7s. 6d.

Newport to Fecamp, 720, 4s. 6d.; Bordeaux, 1,550, 7 fr.,
500; Tarragona, 3,200, 8s. ljd. fuel; Torre, 4,100, 7s. 3d.,
800; Naples, 3,200, 7s. 6d., 800, August 1; 4,100, 7s.’3d.,
800; Salerno, 4,100, 7s. 3d., 800; Genoa, 7s., 500; 6s. lOJd.,
600; 6s. 9d., 700; Savona, 7s., 500; 6s. 10|d., 600; 6s. 9d.,
700; Spezzia, 7s., 500; 6s. 10|d., 600; 6s. 9d., 700.

Burryport to Guernsey, 720, 4s. 3d.

Humber to Genoa, 3,700, 7s. 3d.: Cronstadt, 2,200,
5s. l|d.

Port Talbot to Calais, 1,000, 4s. 3d.; St. Malo, 600,
4s. 3d.; 600, 5s.

East Coast Port to Cronstadt, 1,550, 5s. 3d.

Wales to Monte Video, sail, 12s. 6d.; sail, 12s. 3d.;
12s. 7Jd.; Huelva, 3,500, 6s.; Nantes, 2,400, 7 fr.; Port
Nolloth, sail, 18s., September.

Wear to Bordeaux, 3,000, 5s. 6d.; 5,000, 5s. 6d. ; 2,900,
5s. 9d.; Boulogne, 950, 4s. 3d.; London, 1,700, 3s.; Cette,
1,700, 8s. 6d.; Lubeck, 3,000, 4s. 9d. ; Dieppe, 2,000, 4s.;
Genoa, 3,900, 7s. 6d.

Hull to Cronstadt, 4,600, 5s. ; 2,450, 5s.; London, 2,000,
3s. ; Genoa, 3,700, 7s. 3d.; St. Malo, 1,000, 4s. 10|d.; Kiel,

1.800,	5s.; Alexandria, 4,700, 7s. 9d.; 5,000, 7s. 3d. ; 5,400,
7s. 6d., early August ; 4,000, 7s. 9d.; Bandholm, 2,000, 5s.;
Pernau, 1,800, 5s. 3d. ; Port Said, 4,500, 7s. 3d.; 4,000,
7s. 3d.

Immingham to Genoa, 3,700, 7s. 3d. ; Kiel, 1,800, 5s.;
Pernau, 1,800, 5s. 3d.

Leith to Hamburg, 2,000, 3s. 9d.

Goole to Dieppe, 700, 4s. 6d.

Grimsby to Horsens, 800, 5s. 7|d.

Rotterdam to Port Said, 5,500, 7s. 6d., August 3; Chan-
tenay, 2,000, 5s. 10|d.; 2,000, 5s. 4Jd.; La Rochelle, 3,450,
5s. 10|d.; 1,900, 5s. 4|d.; August 5; 3,400, 5s. 4|d.;
Savannah, 7s. lOJd., kainit, end August; Marseilles, 4,400,
9 fr., August 6-7; 5,800, 8 fr.; Porto Vecchio di Piombino,

5.300,	7s., August 10-15; 4,800, 7s. 3d., August 1; Roche-
fort, 3,450, 5s. 6d.; 1,900, 5s. 6d., August 5; Dieppe, 2,000,
4s. IJd., August 3; Boucan, 3,900, 5s. 6d., August 6.

Blyth to London, 2,000, 3s.; Cronstadt, 2,500, 5s. ljd.;

4.500,	5s. l|d.; North Norway, 2,200, 4s. 9d.; Copenhagen,
1,350, 5s.; Sundswall, 5s.; Calais, 1,700, 4s.

Alloa to Konigsberg, 1,400, 4s. 9d.; 800, 5s. 4^d.

Newport River to Tarragona, 3,200, 8s. ljd., fuel.

Llanelly to Caen, 1,100, 4s. 4Jd.; Dublin, 320, 4s.

Hartlepool to Havre, 1,200, 4s. 3d.; Naples, 5,400,
7s. 4|d. ; Hamburg, 2,400, 3s. 6d.

Fife Port to Norrkoping, 1,600, 5s. ; Cronstadt, 3,000,
5s. 3d.; Rouen, 2,000, 5s. 3d.

Glasgow to Genoa, 4,500, 7s. l|d.; Civita Vecchia, 4,500,
7s. 6d.; Savona, 4,500, 7s. l|d.

Forth to Hamburg, 2,100, 4s.; 1,900, 3s. 9d.

COAL, IRON AND ENGINEERING COMPANIES.
REPORTS AND DIVIDENDS.

Bristol and South Wales Railway Wagon Company
Limited.—The directors have declared an interim dividend
of 3s. per share.

British Coalite Company Limited.—An extraordinary
general meeting was held in London on Friday last, when
a resolution providing for alterations in the articles of asso-
ciation was confirmed.

British Wagon Company Limited.—The interim dividend
for the half-year ending June 30 is at at the rate of 4s. per
share on the shares with £3 paid, and of Is. 4d. per share
on the shares with £1 paid, less income-tax.

Consett Iron Company Limited.—The report for the year
ended June 30 last states that the revenue accounts exhibits
a profit for the year of £408,014. The directors recommend
that this amount be appropriated as follows :—In meeting
the interim dividends paid on February 16 last of—8 per
cent, on the preference shares for the half-year to December
31, 1913, £20,000, Is. 6d. per share on the ordinary shares,
£75,000; in extinguishing the special expenditure shown on
the creditor side of the balance-sheet, £5,408; in paying-
dividends of—8 per cent, on the preference shares for the
half-year to June 30, 1914, £20,000; 4s. 6d. per share on the
ordinary shares, £225,000; in carrying forward an undivided
profit of £62,605. The share capital of the company, which
at the last meeting stood as follows :—100,000 ordinary
shares of £10 each, £7 10s. paid, and 100,000 8 per cent,
preference shares of £5 each, fully paid, has, by various
resolutions, been altered to the following :—1,000,000 ordi-
nary shares of £1 each, fully paid, and 500,000 8 per cent,
preference shares of £1 each, fully paid.

Consett Spanish Ore Company Limited. — The report
states the net revenue for the year ended June 30 last
amounts to £25,164 12s. Id. The directors advise that this
amount—together with £55 7s. lid. taken from undivided
profit—making £26,220, be dealt with as follows :—In meet-
ing the interim dividend of 3s. 6d. per share, paid February
16 last, £9,660: in paying a dividend of 6s. per share,
£16,560; the undivided profit will then stand at £5,258 16s.

Kent Coal Concessions Limited.—A joint meeting of the
shareholders of Kent Coal Concessions Limited, the South-
Eastern Coalfield Extension Limited, Extended Extension
Limited, Deal and Walmer Coalfield Limited, and East
Kent Contract and Financial Company Limited, was held
in London on 23rd inst., at the invitation of a committee
consisting of Lieut.-Col. John P. Dalison, the Earl of
Darnley, Mr. John Dewrance, Mr. Stuart Greig, Mr. Geo.
N. Scarfe, and Mr. William P. Studholme, to receive an
explanation of the position of negotiations carried .on by
them with reference to the retirement of Mr. Arthur Burr
and Dr. Malcolm Burr respectively from the directorships
of the above companies, and to consider proposals for the

future management of the companies pending their amalga-
mation. Mr. Dewrance, chairman of the committee, pre-
sided, and read a statement approved by the signatories to
the circular calling the meeting. When he found that the
gentlemen nominated provisionally as directors were unable
to see their way to go ahead with the scheme, he conferred
with the largest shareholders, and they had now come to an
agreement with Mr. Arthur Burr and Dr. Malcolm Burr,
that they both retire. Under the amalgamation scheme
approved by the shareholders, Mr. Arthur Burr was to have
shares equal to 5 per cent, of the net profits on Kent Coal
Concessions, 20 per cent, of the South-Eastern Coalfield
Extension and Extended Extension, and 1 per cent, on Deal
and Walmer. Dr. Malcolm Burr was to receive 20 per
cent, on Deal and Walmer. They had arranged that these
should be halved, except in the case of the Concessions Com-
pany, in which the amount is based on 5 per cent, of the
profits. Mr. Arthur Burr gives up any claim to profit on
the Deal and Walmer Company. Having made temporary
arrangements which enable Mr. Arthur Burr and Dr. Mal-
colm Burr to carry out their desire to retire, the signatories
to the circular considered they had accomplished all they
could wisely do without meeting the shareholders. The
general meeting of the Concessions would take place
shortly, and the shareholders would be asked to pass the
resolution, of which statutory notice had been or will be
given. Having regard to the great mass of information
accumulated during investigations, they suggested that they
should be elected as a committee, with power to add to the
number, apd also that they should be elected as the board
of directors of the various companies. Due notice would be
given to the shareholders of the various companies of the
procedure to be followed on August 7 to carry out these
objects. Having taken legal advice as to the amalgama-
tion scheme approved in October last, counsel had advised
a company to be formed to take over the shares of the exist-
ing companies at the price of the shares at a period prior to
June 30, 1914, so as to avoid any manipulation of values.
It will be the duty of the committee to consider this advice,
and decide the best course to adopt. The control of the
railway company and the companies to provide the docks
and shipping facilities required careful consideration. Mr.
Walter Moens had been duly appointed manager of the
companies. The chairman then moved that the meeting
approve of the policy of the signatories of the circular.
Answering questions, the chairman said the shareholders1
would not bo bound under the present scheme to part with
their shares in exchange for new shares. No doubt the
larger proportion would do so, because the market in the
shares of the holding company would be greater than the
market in shares of individual companies, but there was
nothing whatever to prevent shareholders continuing to hold
their shares in existing companies as long as they liked.
The resolution was adopted subsequently, and meetings of
the different companies were held formally to alter the
articles of association, and at the statutory meeting a fort-
night hence resolutions will be submitted creating the
amalgainated company.

Lancashire and Yorkshire Wagon Company Limited.—A
final dividend of 10s. and a bonus of 4s. per share have
been declared, making 20s. per share (10 per cent.) for the
past year.

Main Colliery Company Limited. — The directors have
recommended the payment of a final dividend of 3 per cent.,
making 6 per cent, for the year, that £7,500 be carried to
the equalisation of dividends fund, making that fund’s total
£25,000, and that £1,496 19s. 6d. be carried to the credit
of the next account.

Mather and Platt Limited.—The directors have declared
an interim dividend on the ordinary shares of 5 per cent.,
free of income-tax, for the half-year ended June, being at
the rate of 10 per cent, per annum.

National Bituminous Coal and Coke Company Limited.—
The directors state they are not at present in a position to
provide the funds necessary to meet the coupon due on
August 1. Negotiations are on foot for the re-arrangement
of the company’s finances.

National Gas Engine Company Limited.—The directors
have declared an interim dividend at the rate of 7| per
cent, per annum.

Vickers Limited.—The directors announce interim divi-
dends for the half-year ended June of 2J per cent, on the
preferred stock and preference shares, and Is. per share,
free of income-tax, on the ordinary shares, including the
1,110,000 shares recently issued, and on which £1 has been
paid.

Walker (C. and W.) Limited. — The directors have
resolved to pay an interim dividend for the six months
ending July 31 at the rate of 51- per cent, per annum, less
income-tax, on the preference shares, and on the ordinary
shares at the rate of 10 per cent, per annum, free of income-
tax, the same as a year ago.

Warner and Company Limited.—The report for the year
ended June 30 last states that the profit on trading amounts
to £17,156, to which must be added the amount carried for-
ward from last year £3,066, making £20,222. The directors
propose to pay a final dividend on the ordinary shares at the
rate of 171 per cent. Tess income-tax), making, with the
interim dividend already paid, 221 per cent, for the year,
bonus of 2s. per share' (less income-tax) on the ordinary
shares, depreciation (property, plant, etc.) £1,000, deprecia-
tion (investments) £138, balance carried forward £2,869.

Western Wagon and Property Company Limited.—
Interim dividend at the usual rate of 10 per cent, per annum
for the half-year ended June 30.

Yorkshire Electric Power Company Limited.—The direc-
tors have declared an interim dividend for the past six
months at the rate of 6 per cent, per annum on the prefer-
ence shares, and at the rate of 2 per cent, per annum on the
ordinarv shares.

NEW COMPANIES.

Cloudsley Engine Company Limited.—Private company.
Registered July 20. Manufacturers and sellers of combus-
tion engines and other machinery, and importers, manufac-
turers. and sellers of all kinds of machinery, etc. Nominal
capital. £15.000 in £1 shares. First directors to be
appointed by Duckham and Cloudsley Limited.

Dudley (Robert) Limited.—Private company. Regis-
tered July 20. To acquire business of an iron and steel
merchant and manufacturer of all kinds of wrought nails,
spikes and rivets, steel frost cogs, screws and nails.
Swedish horse nails, anvils, vices, hammers, etc., carried
on as Robert Dudley at Kingswinford. Staffs. Nominal
capital. £4,000 in £1 shares. Qualification of directors. £1.

Subscribers (one share each) :—Robert Samuel Dudley,
Broadfield, Kingswinford, iron and steel merchant; Florence
Kate Dudley, of same address, widow.

Edwards (C. H.) Limited.—Private company. Regis-
tered July 23. Brass founders, art metal workers, elec-
trical engineers, metal merchants, etc. Nominal capital,
£2,000 in £1 shares. Subscribers (one share each) :—C. H.
Edwards, 141, Jeffock-road, Wolverhampton, brass founder;
Wm. H. Thompson, Dudley, solicitor.

Elliott (Benjamin) and Sons Limited.—Private company.
Registered July 23. To acquire business of a colliery pro-
prietor now’ carried on by B. Elliott at Lodge Mill Colliery,
Lepton, near Huddersfield. Nominal capital, £30,000 in £1
shares. Directors and subscribers (one share each) :—B.
Elliott, G. Elliott, F. Elliott, and S. Elliott, all of Lepton,
near Huddersfield, colliery proprietors. Qualification of
directors, 100 shares.

Garrod (J. F.) Limited.—Private company. Registered
office, 10a, Archer-street, Great Windmill-street, W. Regis-
tered July 5. To acquire business now carried on at above
address, and to carry on all or any of the following busi-
nesses, i.e., art workers in metal, iron masters and founders,
engineers, steel makers, galvanisers, etc. Nominal capital,
£1,000 in £1 shares. Directors and subscribers (one share
each) :—J. F. Garrod, 49, Canning-road, Addiscombe, metal
worker; N. C. Sawers, 69, Hervey-road, Blackheath, S.E.,
company secretary.

Markham (Herbert) Limited.—Private company. Regis-
tered July 22. To acquire any patents, licences, brevets
d’invention, and to manufacture and deal in machinery,
plant, etc., mechanical engineers, etc. Nominal capital,
£500 in £1 shares. Directors and subscribers (50 shares
each) :—Herbert Markham, 187, New King’s-road, Fulham,
inventor; J. T. Davey, 21, Strauss-road, Bedford Park,
Chiswick, coachbuilder; E. G. Dalston, 18, Graham-road,
Southfield-road, Chiswick, manager of motor department.

Mond Nickel Company Limited.—Registered office, 30,
Victoria-street, Westminster. Registered July 22. Manu-
facturers, crushers, refiners, miners, smelters, and dealers
of and in chemicals, ores, metals, bullion, specie, etc., and
to enter into agreement with Mond Nickel Company Limited,
incorporated 1900, ship owners, railway and tramway
owners, financiers, etc. Nominal capital, £1,700,000 in £1
shares. Minimum subscription, seven shares. Directors :
Rt. Hon. Sir Alfred Mond, Bart., M.P. (chairman), Sir A.
Noble, Bart., K.C.O., Carl Langer, Robert Mathias, Robt.
L. Mond, Saxton W. A. Noble, Bernhard Mohr, Emile S.
Mond, Sir Edmund Walker, C.V.O., LL.D. Remuneration
of directors (a sum equivalent to 5 per cent, of balance
standing to the credit of profit and loss account, and divi-
sible amongst directors). Qualification of directors, £500.

Newey (Thomas) and Sons Limited.—Private company.
Registered office, St. Mary’s-row, Birmingham. Regis-
tered July 21. Iron founders, mechanical engineers, and
manufacturers of agricultural implements and other
machinery. Nominal capital, £4,000 in £1 shares. Direc-
tors :—T. W. New’ey, 8-9, St. Mary’s-row, Birmingham,
manufacturer; C. H. Andrews, 3, Cross-lane, E.C., engi-
neers’ agent; J. V. Martin, 8-9, St. Mary’s-row, Birming-
ham, works manager. Qualification of directors, one share.
Subscribers (one share each) :—First two directors.

Oatey and Martyn Limited.—Private company. Regis-
tered office, The Iron Works, Polmorla-road, Wadebridge.
Cornwall. Registered July 21. To acquire business of
engineers, metal founders, and smiths carried on by C. J.
Ennor and E. G. Martyn (executors of the late John Martyn)
at Wadebridge, Cornwall, as Oatey and Martyn, and enter
into agreement. Nominal capital, £8,000 in £1 shares.
Directors and subscribers (one share each) :—Chas. John
Ennor, Hollywood, Liskeard, civil engineer; E. G. Martyn.
Foundry House, Wadebridge, iron founder; S. A. Martyn.
Foundry House, Wadebridge, engineer. Qualification of
directors, £200.

Park and Paterson (Manchester) Limited.—Private com-
pany. Registered office, Vickers-street, Miles Platting.
Manchester. Registered July 20. Metal merchants, metal
refiners, manufacturers, smelters, founders, w’aste and scrap
merchants, engineers, machinists, electricians, mill fur-
nishers, etc. Nominal capital, £25.000 in £1 shares.
Directors :—William Paterson, 22, Back Causeway, Glas-
gow, metal refiner; David Paterson; John Paterson.
Braemar, Parkhead, Glasgow, metallurgist; Robert Pater-
son. Qualification of directors, £100.

Parrish (Sidney) Limited.—Private company. Registered
July 23. To acquire collieries, mines, pits, quarries of coal,
ironstone, limestone, marl, clay, land, or iron and steel
works in Staffordshire, and carry on business of coal
masters, fireclay, pipe, brick, and tile manufacturers and
merchants, engineers, etc. Nominal capital, £2,000 in £1
shares. Qualification of directors, £1. Subscribers (cne
share each) :—William Parrish, Pensnett, colliery pro-
prietor; Sidney Parrish, Pensnett, colliery manager.

Progressive Mechanical Corporation Limited.—Registered
July 20. Manufacturers of lock nuts and their accessories,
iron founders, mechanical engineers, etc. Nominal capital.
£7,500 in £1 shares. Minimum subscription, seven shares.
Directors :—A. V. Paris, Clevedon, St. James-road, Brixton.
S.W., clerk: A. F. Putt, 54, Lausanne-road, Peckham, S.E..
clerk: J. H. Goodwin. 103. Upper Riehmond-road. S.W..
business agent: R. T. Davies, Riversdale. Wood Green. N..
solicitor: F. Brown. 8, Abbey Wood-road, S.E., engineer:
N. G. Jones, 1. Wray-crescent. Tollington Park, N..
spinster.

Sara and Burgess Limited.—Private company. Regis-
tered July 20. To acquire and carry on business of engi-
neers, iron founders, and boiler makers carried on by Evan
B. Sara at Penryn. Cornwall. Nominal capital, £3,000 in
£1 shares. Directors :—E. B. Sara. H. C. Sara, and E. C.
Sara.

Smokeless Fuel Syndicate Limited. — Private company.
Registered office. 101, Leadenhall-street. E.C. Registered
Julv 21. Colliery proprietors, coal and coke merchants,
and factors, miners, smelters, chemical manufacturers, brick
makers, etc. Nominal capital. £35,000 in £1 shares (15.000
preferred and 20.000 ordinary). First directors to be
appointed by subscribers. Qualification of directors (other
than a first director). £100. Subscribers (one share each) :
J. Chapman. 101, Leadenhall-street. E.C., chartering and
coaling agent: L. S. Richards. 30. Lithos-road, Hamp-
stead. N.W., engineer.

This list of new companies is taken from the Daily
Register specially compiled by Messrs. Jordan and Sons
Limited, company registration agents. Chancery-lane, E.C.