March 5, 1915.

THE COLLIERY GUARDIAN.

509

The directors, however, pay an ordinary dividend of only
10 per cent., as against 12J per cent., and after writing off
£3,285 for new works, and placing £15,000 to reserve,
against £10,000, carrying forward £22,855, as against
£14,082 brought forward.

Shelton Iron, Steel and Coal Company Limited.—The net
profits for 1914, after providing for debenture interest and
£21,547 for sinking fund charges, were £41,623, including
£18,157 brought forward. A dividend of 5 per cent. (Is.
per share) is proposed, carrying forward £19,423.

Spencer (John) and Sons Limited.—The directors recom-
mend an interim dividend at the rate of 5 per cent, for the
half-year ended December last.

Waste Heat and Gas Electrical Generating Stations
Limited.—The directors state that the profits earned by the
company during the year, after deducting administration
expenses, amount to £39,001 9s. 10d., less an amount which
the directors have transferred to the credit of reserve
account, £10,500, leaving £28,501 9s. lOd. To this amount
is added the balance brought forward from the previous
year, £12,110 2s. 5d., and the profits available are
£40,611 12s. 3d. The directors propose to declare a divi-
dend at the rate of 8 per cent, for the year ended January 31,
1915, which will absorb £25,600 (of this an interim dividend
of 2J per cent, was paid in August 1914, amounting to
£8,000), leaving a balance to be carried forward of
£15,011 12s. 3d. It is proposed to pay the balance of the
dividend on March 15, less income-tax. The amount stand-
ing to the credit of the reserve account is now
£53,350 18s. 5d., including the amount transferred from
the profits of the past year, and the redemption funds in
respect of plant supplied on hire purchase terms amount to
£11,298 14s. 8d. The company applied for and was allotted
£10,000 of the National War Loan 1925-28, and £3,500 was
called and paid up to the date of the accounts now presented.

Workington Iron and Steel Company Limited. — The
directors have declared the usual dividend at the rate of
6 per cent, per annum on preference shares for the half-
year ended December 31 last.

NEW COMPANIES.

Ainsley (J. G.) Limited.—Private company. Registered
February 22. Dealers in blastfurnace bear, furnace
bottoms, mill tap, iron and steel founders, engineers, etc.,
machinery makers, tool makers, etc. Nominal capital,
£1,000 in £1 shares. Directors :—G. A. Burton, The Firs,
Nunthorpe, York, mining engineer; J. G. Ainsley, Middles-
brough, merchant; L. H. Burton, Larchfield, Nunthorpe.

Ambergate Colliery Company Limited.—Private company.
Registered office, Ridgeway, Ambergate, Derbyshire. Regis-
tered February 23. Colliery and quarry owners, miners,
etc. Nominal capital, £500 in £1 shares. Directors and
subscribers (one share each) :—E. Glossop, of above address,
colliery owner; J. Jarvis, 11, Monckton-road, Shiregreen,
near Sheffield, colliery owner. Qualification of directors, 50
shares.

Bolton’s Superheaters Limited.—Private company. Regis-
tered February 20. To acquire business of superheater
manufacturers carried on as A. Bolton and Company, at 49,
Deansgate, Manchester. Nominal capital, £4,000 in £1
shares. Directors and subscribers (one share each) :—E.
A. Bolton, Holly Lodge, Demesne-road, Manchester, widow;
D. G. Peterson, 1, Holloway-road, Birmingham, merchant.

British Metal Reducers Limited. — Private company.
Registered office, 31, Ivy-street, Hoxton, N.E. Registered
February 22. To carry on in all its branches business of
metal reducers, smelters, factors for the purpose of making
such metal merchantable. Nominal capital, £1,000 in £1
shares. Subscribers (one share each) :—W. Fordee, South
View, Pakefield, Lowestoft, gentleman; F. D. Pepper,
21, Olives-avenue, South Norwood, S.E., accountant.

East London Electric Company Limited.—Private com-
pany. Registered February 23. Electrical engineers and
contractors, suppliers of electricity, manufacturers of and
dealers in electric, magnetic, and galvanic apparatus,
articles, and things. Nominal capital, £1,000 in 500 6 per
cent, cumulative preference shares, and 500 ordinary £1
shares. Permanent governing director, W. B. Allcock.

Electrodes Limited. — Private company. Registered
office, Suffolk House, Laurence Pountney-hill, E.C. Regis-’
tered February 22. Electricians, engineers, makers, and
suppliers of, and dealers in electricity, electric power and
light, and to manufacture and deal in all manner of
engines, machines, electric lamps, electrical apparatus, and
appliances for the application of electricity to every kind of
purpose. Nominal capital, £10,000 in £1 shares. First
director, A. M. Billington, of above address, civil and elec-
trical engineer. Qualification of directors, £100.

Hodgson and Hodgson Limited.—Private company. Regis-
tered February 22. Engineers, mill, and colliery furnishers,
etc. Nominal capital, £3,000 in £1 shares. Directors and
subscribers (one ordinary 'share each) :—W. J. Hodgson,
2, Shirley-road, Nottingham, mill furnisher; A. E. Hodgson,
Park-road, Kenley, Surrey, gentleman. Qualification of
directors, £25.

Machinists Limited. — Private company. Registered
February 25. Machinists, iron founders, mechanical engi-
neers, manufacturers of machinery, brass founders, boiler
makers, etc. Nominal capital, £3,000 in £1 shares. First
director, W. De akin.

Park Lane Colliery Limited.—Private company. Regis-
tered February 25. To acquire interest of Nat. Bishop in
certain lands, mines, and premises situate in and near Park
Lane, Wednesbury, and carry on business of colliery pro-
prietors, brick and tile makers, coke manufacturers, etc.
Nominal capital, £1,500 in £1 shares. First directors shall
be appointed by subscribers. Subscribers (one share each) :
Nat. Bishop, 30, Market-place, Wednesbury, auctioneer;
J. Davies, Willenhall, coal master; J. Powis, Parkfield-road,
Wolverhampton, coal master.

Wilson’s (David) Patent Noiseless Winch Company
Limited.—Private company. Registered office, 38, Drury-
buildings, Water-street, Liverpool. Registered Feb. 22.
Electrical and mechanical engineers, and manufacturers
and sellers of machinery of all kinds, and to acquire and
work any ‘inventions or processes in which the company is
interested. Nominal capital, £25,000 in £1 shares. Sub-
scribers (one share each) :—D. Wilson, 18, Greenheys-road,
Discard, engineer; W. H. Pealing, 604, Tower-buildings,
Liverpool, company secretary.

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.

THE FREIGHT MARKET.

With a very pressing demand for tonnage from north-east
coast shippers, and only a scanty supply, it is not remark-
able that rates of freight should continue to rule very firm
indeed. Coasting business is being done at fully 15s. 6d.
from Tyne to London, a quotation which shows considerable
additional strength on the week. North France is markedly
dearer, at up to 25s. to Rouen, as compared with a top rate
of 23s. a week ago. Little is doing to the Bay, and 30s.
to Bordeaux is still a typical rate. The Mediterranean is
very well maintained, at 43s. to Genoa. Several vessels
have been fixed for Danish ports in the Cattegat at from
22s. 6d. to 24s. Chartering at South Wales continues
active, at rates which, generally, show some advance on the
week. This is especially true of the Mediterranean and
near Asiatic ports, Aden being Is. 3d. up, Barcelona 6d. to
Is., Genoa, Savona, Leghorn and Spezzia 6d., Oran from
1J fr. to 2fr., and Venice Is. dearer. Coasting rates seem
to be slightly easier. North France is fully firm, and the
Bay is inclined to stiffen. The Islands are advanced Is.
The River Plate is from Is. 3d. to 3s. dearer.

Homewards, rates are advancing from Eastern ports.
From the rice ports up to 85s. has been paid from
Kohsichang to one port United Kingdom for March-June
loading, whilst Burmah is quoted up to 75s. for suitable
tonnage in position. Java wants sugar carriers, and 80s.
is quoted. The Bast Indies are rather quiet, but Kurachee
is up to 50s. Jute tonnage is dearer also. Tonnage is
offering sparingly at North Pacific ports, and 75s. is indi-
cated, an advance of 5s. on the week. The nitrate ports
are similarly dearer, with 75s. quoted to the United
Kingdom. The Mediterranean is dull but firm, owners
preferring to await Dardanelles developments. Tentative
quotations for Black Sea business rule at about 45s. for
wheat and 40s. for ore, f.o.w. At American ports grain
rates are inclined to advance, figures offered for lumber
carriage are too low to attract shipping attention, and cotton
from the Gulf is very dull, at about 112s. 6d. to Liverpool.
There is a better enquiry for steamers for the River Plate,
and 70s. for up-river or Bahia Blanca is a representative
quotation.

Tyne to Bordeaux, 1,100, 30s., from Dunston; 2,500, 30s.;
Barcelona, 1,100, 40s.; Elsinore, 1,300, 24s.; Faaborg,

1.200,	22s. 6d.; Genoa, 1,600, 43s.; 2,500, 43s., reported;
3,000, 43s.; 4,400, 43s.; 4,700, 43k. 6d., backward loading;
Karrabeksminde, 1,300, 23s.‘; London, 2,300, 33s., C.T. ;
2,000, 14s. 6d.; 3,000, 15s.; 1,300, 15s. 6d.; 1,800, 15s. 6d.;
Las Palmas, 1,800, 26s. ; L’Orient, 650, 30s. ; Malaga, 2,700,
35s.; Marseilles, 1,800, 32s. 6d.; 1,500, 32s. 6d., reported;
800, 37s. 6d., part cargo; Naples, 3,300, 43s.; Odense,
1,800, 22s. 6d.; Oran, 6,000, 32s. 6d. ; 1,800, 32s. 6d.; Port
Said, 6,000, 32s. 6d.; Rouen, 2,100, 24s.; 1,700, 23s. 3d.;
3,100, 24s.; 2,200, 25s.; St. Malo, 1,500, 22s.; 1,300, 23s.;
Seville, 1,000, 30s.; Tarragona, 1,100, 39s.; West Italy,
8,000, 40s., March.

Cardiff to Algiers, 2,300, 30 fr.; 4,400, 30 fr.; Almeria,
1,950, 27s.; Aden, 5,000, 31s. 3d., March; Barcelona, 3,800,
27s.; 2,000, 28s.; Bordeaux, 1,400, 20J fr.; Buenos Ayres,
24s. 6d.; Caen, 1,400, 15s., March 7; Cherbourg, 1,500, 15s. ;
Chantenay, 1,300, 19J fr.; Ferrol, 450, 20s.; Gibraltar,
1,350, 21s.; Genoa, 5,000, 33s. 3d.; 3,200, 32s.; 3,300,
33s. 6d.; 3,900, 33s.; 3,900, 32s. 6d.; Granville, 500,
12s. 9d.; Leghorn, 3,800, 31s. 6d., 500; 4,500, 32s. 6d., 600,
6Jd.; 5,500, 31s., 800, lOd.; 3,200, 32s.; 5,200, 33s. 3d.,
March 10; 3,000, 33s. 6d.; Las Palmas, 2,000, 21s. 6d.,
March 9; Marseilles, 3,200, 34 fr.; Nantes, 1,000, 19|fr.,
400; Naples, 3,800, 31s. fid., 500; 4,500, 32s. 6d., 600, 6|d.;
5,500, 31s., 800, lOd.; 4,000, 32s., 500, 31s. 6d., 800,
March 10; 3,200, 31s. 6d.; Oporto, 1,000, 22s.; Oran, 3,300,
30 fr., 600; 4,400, 30 fr.; Port Augusta, 5,000, 33s. 3d.,
500, 33s., 600; Palma, 2,000, 26s.; Rouen, 900, 16s.; River
Plate, 4,500, 25s. 9d., early March; 5,000, 26s.; 28s.;
Rochefort, 1,750, 19Jfr.; Rio de Janeiro, 5,000, 30s., 500;
Spezzia, 5,000, 33s. 3d.; 3,200, 32s.; 3,900, 32s. 6d.; 3,000,
33s. 6d.; Savona, 5,000, 33s. 3d.; 3,200, 32s.; 3,900,
32s. 6d.; 3,000, 33s. 6d.; St. Nazaire, 1,400, 19| fr.; 2,500,

19	fr., March 10; Tunis, 2,200, 40fr. coal, 41 fr. fuel;
Teneriffe, 2,000 , 21s. 6d., March 9; Venice, 5,000, 42s. 3d.

Swansea to Dublin, 300, 7s. 6d.; Chantenay, 2,900,
19|fr.; Rouen, 1,800, 16s. 6d.; 1,100, 16s. l|d.; 2,500,
16s.; 1,200, 16s. 6d.; Boulogne, 800, 16s.; Nantes, 2,000,

20	fr.; Trouville, 800, 15s.; 850, 15s. 6d.; Caen, 700,
15s. 3d.; 1,400, 15s.; Tonnay Charente, 1,600, 20 fr.; 1,600,
20Jfr.; Bordeaux, 20^-fr., reported; Honfleur, 700, 15s.;
Taranto, 2,600, 35s.; La Rochelle, 1,700, 19^ fr.; Roche-
fort, 1,700, 19i fr.

Newport to Rouen, 900, 16s.; 1,700, 16s.; 3,700, 16s.;

3.200,	16s.; Oran, 3,300, 30 fr.; Marseilles, 5,200, 35 fr.;
Naples, 5,200, 31s., 800; Corcubion, 2,100, 19s. 6d.;
Gibraltar, 1,400, 21s.

Port Talbot to Bayonne, 1,200, 22 fr.; Genoa, 4,500, 33s.;
3,700, 33s.; Bordeaux, 2,300, 20-^ fr.; Oran, 3,300, 30 fr.;
Havre, 1,250, 14s. 9d.; St. Nazaire, 3,100, 19Jfr., March;
Caen, 1,400, 15s.; 1,500, 15s. 3d.; Nantes, 1,700, 19| fr.

Briton Ferry to Caen, 800, 15s. 3d.; Honfleur, 800,
15s. 3d.

Goole to London, 700, 13s. 6d.; 800, 14s.

Hartlepool to Leghorn, 3,500, 42s. 6d.; London, 1,100,
15s. 3d.

Glasgow to Naples, 2,000, 36s., pitch.

Hull to Rouen, 2,300, 23s.; 2,700, 24s.; 2,200, 22s. 6d.;
4,000, 24s.

Forth to Danish Port, 1,700, 24s.

Wear to Bordeaux, 2,800, 30s., reported.

Blyth to Havre, 850, 23s.

Wales to Genoa, 33s., early March.

Imports of coal at Genoa in 1914 amounted to 3,168,035
tons as compared with 3,192,299 tons in 1913, 3,044,985 tons
in 1912, and 3,12*7,778 tons in 1911. At Savona 1,265,362
tons were imported, as against 1,246,780 tons in 1913,
1,115,964 tons in 1912, and 1,164,534 tons in 1911. Of the
total imports at Genoa, 2,779,164 tons came from the United
Kingdom and 347,769 tons from America.

At a combined meeting of the British Steel Makers
Association, which was held in London recently, it was
decided to advance the prices of boiler plates for export
and delivered Lancashire by 10s. per ton. The price for
ship plates for export remains unaltered. The price of
angles delivered in the northern area has been advanced
2s. 6d. per ton. The demand is described as enormous, and
apparently steadily advancing prices may be anticipated so
long as the war lasts.

CONTRACTS OPEN FOR COAL AMD COKE.

For Contracts Advertised in this issue received too late
for inclusion in this column, see Leader and Last
White pages.

Abstracts of Contracts Open.

Bognor, March 16.—Coal for the Urban District Council.
Forms from Surveyor, High-street, Bognor.

Brentford, March 13. — About 120 tons of Rheola
Merthyr large coals, or other approved steam coal; 20 tons
house coal; 50 tons small coal; and 50 tons of coke, for the
Urban District Council. Forms from J. W. Croxford,
Clifden House, Boston-road, Brentford.

Carlisle, March 17.—Coal for the Education Committee.
Particulars from A. H. Collingwood, clerk, 15, Fisher-street,
Carlisle.

Chester, March 16.—Coal for the period of encampments
at Kinmel Park, near Rhyl; Frees Heath, near Whit-
church ; and Park Hall, Oswestry. Forms from District
Barrack Officer, Watergate House, Chester.

Coventry, March 15.—1,100 tons or 2,200 tons of engine
coal for the Sewage Farm Committee. Forms from J. E.
Swindlehurst, city engineer and surveyor, St. Mary Hall,
Coventry.

Darlington, March 8.—Steam coal and anthracite for
the Corporation. Forms from the Borough Surveyor and
Waterworks Engineer, Town Hall, Darlington.

Dover, March 9.—Best South Yorkshire hards, best
forge coal, best Durham house coal, for the Dover Harbour
Board. Forms from M. Mowll, registrar, Castle-street,
Dover.

East Ham, March 12.—Coal and coke for the Corporation.
Forms from the Town Clerk.

Epsom, March 9.—Coal and coke for the Corporation.
Forms from E. R. Capon, surveyor, “ Bromley Hurst,”
Church-street, Epsom.

Gainsborough, March 13.—Steam coal for the Urban
District Council. Forms from S. W. Parker, engineer and
surveyor, Council Offices, Gainsborough.

Gloucester, March 18.—Rough slack, steam coals, Welsh
smokeless, and Staffordshire house coal, for the Finance
Committee of the Corporation. Forms from City Surveyor,
Guildhall, Gloucester.

Hale, March 13.—Coal and coke for the Urban District
Council. Forms from T. Blagburn, surveyor, Council
Offices, Hale.

Haslington, March 10. — Coal for the Town Council.
Forms from J. S. Green, surveyor, Municipal Offices,
Haslington.

London, S.W., March 17.—13,000 tons of gas coke for
the Commissioners of H.M. Works and Public Buildings.
Forms from Controller of Supplies, H.M. Office of Works,
Storey’s-gate, S.W.

Manchester, March 12.—House and burgy coal for the
Corporation. Forms from Public Health Office, Civic
Buildings, 1, Mount-street, Manchester.

Pershore, March 9.—25 tons of coal for the Guardians.
Forms from the Clerk, Union Offices, Pershore.

Prestwich (Lancs), March 8.—Coal and coke for the
Urban District Council. Forms from the Surveyor.

Stoke-on-Trent, March 8.—Coal and slack for the Town
Council. Forms from W. H. Makepeace, sewage engineer,
Leek-road, Stoke-on-Trent.

Watford, March 9.—Coal and coke for the Rural District
Council. Forms from the Surveyor, 9, Market-street,
Watford.

Wimbledon, March 8.—House coal and coke for the
Corporation. Forms from the Borough Engineer, Town
Hall.

The date given is the latest upon which tenders can be
received.

CONTRACTS OPEN FOR ENGINEERING, IRON
AND STEEL WORK, &c.

Belper, March 25. — Pumping Main. — Laying about
£-mile of 9 in. cast iron pumping main for the Belper Urban
District Council. Specification from Messrs. G. and F. W.
Hodson, Bank-chambers, Loughborough, on deposit of five
guineas.

Carmarthen, March 26.—Mains.—Laying about 668 yds.’
4 in. >and 214 yds. 3 in. mains for the Rural District Council.
Specification from J. Saer, 7, Hall-street, Carmarthen.

Chelmsford, March 17.—Pumping Installation.—Provi-
sion of pumping installation, complete with all incidental
works, for the Town Council. Specification from P. T.
Harrison, borough engineer, Municipal Offices, Chelmsford,
on deposit of two guineas.

Cudworth, March 10.—Mains.—About 1,650 yds. of 6 in.
cast iron gas mains for the Cudworth Urban District
Council. Particulars from W. T. Lynam, manager, Gas
Works, Cud worth.

Edinburgh, March 10.—About 1,100 tons of 36 in. cast
iron pipes for the Edinburgh District Water Trustees.
Specification from Messrs. J. and A. Leslie and Reid, 12,
St. Giles-street, Edinburgh.

Hirwain, March 13.—Drift.—For driving a cross measure
drift, .approximately 500 yds. long, dipping 8Jin. per yd.,
for the Tower Collieries, Hirwain. Specification from the
Colliery Offices, Hirwain.

Ilford, March 9.—Coal Wagon.—Electric coal wagon for
the Urban District Council. Particulars from A. H. Shaw,
Electricity Works, Ilford.

London, S.E., March 16.— Water Softening Plant.—
Water softening plant for the Lambeth Board of Guardians.
Specification from J. L. Goldspink, clerk, Brook-street,
Kennington-road, S.E., on deposit of £2.

Wallasey, March 18.—Coke Screening Plant.—Erection
of a G. B. elevator and coke screening plant at the gas
works for the Corporation. Particulars from J. H. Crowther,
Limekiln-lane, Wallasey, Cheshire.

For some months past the Hammersmith Council has
been laying down a system by which coal can be “ pumped ”
to the electricity works through a tube from the wharf at
the riverside. It is now reported that a trial run was
recently arranged, and was completely satisfactory. The
plant will shortly be in complete working order.