October 15, 1915. THE COLLIERY GUARDIAN. 795 COAL, IRON AND ENGINEERING COMPANIES. REPORTS AND DIVIDENDS. Babcock and Wilcox Limited.—The directors have declared an interim dividend of 6 per cent, on the ordinary shares, free of income-tax. Canadian Explosives Limited.—The directors announce a dividend of per cent, on the 7 per cent, cumulative pre- ferred shares for the quarter ended September 30. Dick, Kerr and Company Limited.—Profits earned during the 12 months’ trading to June 30 amount to £'46,959, which, added to the sum brought forward from last year, £25,525, make a total of £72,485. Out of this sum the debenture interest and trustees’ fees had been paid, and there has been reserved the sum required to provide for the premium payable on the redemption of the present deben- ture stock. These items absorb £10,838, leaving a balance of £61,646 available for appropriation, as under :— To pay a dividend of 6 per cent, per annum on the preference shares capital (the half-yearly dividends to December 31, 1914, and June 30 have already been paid), to set aside as a reserve against. contingencies £25,000, to carry forward the balance of £12,346. In view7 of the abnormal conditions pre- vailing, the directors are unable to recommend the payment of the dividend on the ordinary shares. Dominion Steel Corporation Limited.—The directors have declared a dividend (No. 15) of 11 per cent, on the preference shares. Furness, Withy and Company Limited.—A dividend of 21 per cent., or 6d. per share for the past quarter has been -announced. Glenboig Union Fireclay Company Limited.—The report for the year to August 31 last states that the sum at the credit of profit and loss account (including balance of £3,165 brought forward from last year) is £23,408, which the directors now recommend should be appropriated as follows : For depreciation, £4,000; writing down investment in Consols, £2,030; payment of dividend at the rate of 10 per -cent., less income-tax, £13,343; and to carry forward to current year £4,034. The ordinary capital expenditure during the year was £3,363. The sum of £7,016 has been expended on repairs and renewals, and has been paid out of revenue. Kinneil Cannel and Coking Coal Company Limited. — A dividend of 21 per cent, for the year. Nantyglo and Blaina Iron Works Company Limited.—A dividend of £3 per share is to be paid on the preference shares (which are £62 10s. paid), on account of arrears. Sadler and Company Limited. — The report for the year ended June 30 last states that, including the amount brought forw’ard, £6,781, the available balance is £13,446, which it is proposed should be dealt with as follows : Interest^ on debentures and prepaid shares and for income-tax, £4,512; -directors’ and auditors’ fees, £1,050; depreciation of plant, £3,000; balance to be carried forward, £4,884. The stocks show a largely increased amount as compared with the previous valuation. This is entirely due to the suspension of shipments of pitch and other products to foreign ports, owing to the continuation of the war, and as the market value, particularly of pitch, has very materially declined, this has seriously affected the year’s results. On the other hand, several of the other products have considerably improved in value. Under the circumstances, the directors recommend a continuance of last year’s policy, the postponement of the payment of a dividend. NEW COMPANIES. Blackburn (A.) and Company Limited.—Private company. Registered October 7. To acquire and take over the busi- ness now carried on as A. Blackburn and Company at Tofts Mill, Cleckheaton, Yorkshire, and to carry on the business of machine makers, iron founders, mechanical engineers, tool makers, etc. Nominal capital, £10,000 in 10,000 £1 shares. Directors :—A. Blackburn, Victoria-terrace, Cleckheaton, machine maker; and one other person nominated in writing by each of the following companies and firms, namely : Critchley, Sharp and Tetlow Limited, Cleckheaton; S. Hayley and Son Limited, Cleckheaton; Watson Brothers, Halifax; A. Duckworth and Sons, Bochdale. C. E. C. Limited.—Private company. Registered office, 96, Ironmonger-row7, Old-street, E.C. Registered Sept. 29. To enter into an agreement and to carry on business of electrical engineers, construction, mechanical, and general engineers, founders, smiths, machinists, etc. Nominal capital, £5,000 in 5,000 £1 shares. First directors :—H. E. Ellis, governing director, 38, Fairholt-road, N., engineer; H. E. O. Ellis. Chatwins Limited.—Private company. Registered Oct. 5. To acquire and carry on the business of iron founders now carried on as Thomas Chatwin, at the Market Foundry, Tipton, Staffs, and to enter into an agreement; also to carry on business of coal masters, colliery proprietors, coke, fireclay, pipe, and brick and tile manufacturers, tool makers, etc. Nominal capital, £15,000 in 15,000 £1 shares. Directors and subscribers (one share each) :—W. H. Chatwin, Silverdale, Sidgley-road, Tipton; Arthur Chatwin, Glenw’ood, Dudley- road, Tipton; Alfred Chatwin, Melrose, Victoria-road, Tipton, iron founders. Qualification of directors, £500. H. W. G. Syndicate Limited. — Private company. Regis- tered September 5. To carry on business as underwriters and dealers in stocks and shares, financiers, consulting finan- cial advisers, company promoters, colliery proprietors, mer- chants, manufacturers, etc. Nominal capital, £20,000 in 19,900 £1 shares, 2,000 Is. deferred shares. Directors :—C. H. Waller, J. Wood, R. Brearley, J. H. Holroyd. Quali- fication of directors, £100. Ludgate Shaw and Company Limited.—Private company. Registered September 27. To carry on business of manufac- turers, makers, factors, and sellers of steel and brass pressers, piercers, iron founders, mechanical, electrical, and water supply engineers. Nominal capital, £2,000 in 2,000 £1 shares. First directors and subscribers (one share each) :— E. J. Smith and F. Moore. Qualification of directors, 100 •shares. Magnesium Metal Company Limited. — Private company. Registered September 25. To smelt, calcine, refine, dress, and prepare for market, ore, metal, and mineral substances, and to carry on metallurgical operations of all kinds. To carry on business of metal brokers, iron masters, steel makers, miners, metal founders, engineers, chemists, etc. Nominal capital, £1,000 in 1,000 £1 shares. First directors :—P. St. Clair Matthey, R. P. Sellon, A. H. Barker, and C. S. E. Gaillard. Qualification of directors, 200 shares. Manchester Metal Stamping and Engineering Company Limited.—Private company. Registered September 29. To carry on business of iron founders, mechanical engineers, tool makers, brass founders, builders, engineers, farmers, etc., as indicated by title. Nominal capital, £5,000 in 5,000 £1 shares. First directors : J. Crabtree, Manor Hey, Urmston, near Manchester, engineer; Gf. Shaw, 32, Ashfield-road, Hale, near Altrincham, engineer; C. H. Sanders. Minnie Steamship Company Limited.—Private company. Registered office, Royal Chambers, West Hartlepool, Durham. Registered October 2. To acquire by purchase the steamship or vessel formerly known as the “ Spiral,” of Christiania; to carry on business of ship brokers, steamship agents, coal exporters, etc. Nominal capital, £5,000 in 5,000 £1 shares. First directors :—H. W. Casper, A. Casper, W. Edgar, and O. P. Aarvold, all of Royal Chambers, West Hartlepool, ship owners and coal exporters; T. F. Thompson, Park- square, West Hartlepool, timber merchant; and E. H. Casper, Royal Chambers, West Hartlepool, ship owner and exporter. Oldfield and Schofield Company Limited. — Private com- pany. Registered office, Central Iron Works, Boothtown, Halifax, Yorkshire. Registered September 28. To purchase and take over business of engineers and merchants now carried on as Oldfield and Schofield at above address. To enter into an agreement and to carry on business of mechanical engi- neers, manufacturers of machinery, iron founders, electrical engineers, gas makers, etc. Nominal capital, £20,000 in 20,000 £1 shares. First directors : T. Oldfield (managing director), J. A. Schofield, T. J. Hunt, and C. E. Jackson. . Restoration Syndicate Limited.—Private company. Regis- tered October 8. To acquire by purchase or otherwise any land, mines, mineral, and other properties of any tenure, and to prospect for, work, develop, gold, lead, tin, wolfram, silver, copper, coal, iron, and other mines; and to carry on business of smelting, reducing, and metallurgically treating ores, metals, etc. Nominal capital, £1,000 in 1,000 “A” shares of £1 each, and 2,000 “ B ” shares of Is. each. Subscribers (one share each) :—A. Vernon Davis, Finsbury-court, London, E.C., director of public companies; F. A. Gibbs, 5, Drapers’-gardens, London, E.C., member of the London Stock Exchange. Tees Benzol Syndicate Limited.—Private company. Regis- tered office, Royal Exchange, Middlesbrough. Registered October 6. To manage certain works on behalf of his Majesty’s Minister of Munitions, and to carry on business of colliery proprietors, coke manufacturers, iron masters, steel makers, rhanufacturers of chemicals and by-products from coal, electricians, etc. Nominal capital, £100 to 100 £1 shares. First directors and subscribers (one share each) :— H. Boll, Rounton Grange, Northallerton, baronet; A. J. Dornan, Grey Towers, Northoppe, Yorkshire, iron master; A. F. Pease, 92, Northgate, Darlington, coal owner; J. H. Pease, Carlbury Hall, Piercebridge, iron master; W. Johnson, c/o Messrs. Bell Brothers Limited, Middlesbrough, iron master; G. B. Nancarrow, Royal Exchange, Middles- brough, chartered 'accountant. Yickery (James H.) and Company Limited.—Private com- pany. Registered office, 21, Bradsbaw-street, Shudehill, Manchester. Registered September 30. To purchase or otherwise acquire for cash or fully paid shares or partly for cash or fully paid shares, business of iron, tin-plate, and metal merchants carried on as James H. Vickery and Com- pany at above address. To enter into an agreement, and to carry on business of iron founders, mechanical engineers, brass founders, builders, gas makers, electrical engineers, etc. Nominal capital, £20,000 in 20,000 £1 shares. Directors and subscribers (one share each) :—J. H. Vickery and J. D. Vickery. Walter and Company (Steel) Limited.—Private company. Registered office, Exchange-buildings, Stephenson-place, Birmingham. Registered October 2. To carry on business of manufacturers of iron and steel, iron founders and steel makers, piercers, metal rollers, tube makers, factors and dealers in iron, steel, copper, lead, zinc, tin, and other metals and minerals; coal miners, miners or quarriers. Nominal capital, £2,000 in 2,000 £1 shares. Qualification of directors, 100 shares. Subscribers (one share each) :—W. Prestwich, Atherton, Screw Bolt Works, Atherton, near Manchester, nut and bolt manufacturer; A. E. Walter, The Rosary, Broad Oaks-road, Solihull, manufacturer. Woollard (J.) and Sons Limited.—Private company. Regis- tered office, 52, Churchfield-road, Acton, London, W. Regis- tered September 25. To acquire and take over business of iron and brass founders, electrical and mechanical engi- neers, etc. Nominal capital, £500 in 500 £1 shares. First directors :—J. Woollard (managing director), T. Woollard, J. Woollard, junr., and E. J. Woollard. 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. How to Save Coal : Hints to Householders.—The Parlia- mentary War Savings Committee has prepared a leaflet, entitled “ Save Your Coal,” containing 12 hints, which, if strictly and universally observed, would result in substantial economies. The following is the substance of the leaflet :— (1) Use gas coke wherever possible instead of coal. Coke made in coke ovens is not suitable for house fire purposes.— (2) Coal, and coke mixed1 in equal proportions give a fuel which will last longer than coal alone. The more coke is used the greater will be the production of the by-products which are required for making explosives for the Army and Navy.—(3) Remove partially-burned embers when you go to bed, and put them aside on the hob or hearth to cool. They can be used again next day. For the same reason sift the cinders.—(4) Briquettes, which are composed of coal dust and pitch, or some other binding ingredient, make an admir- able fuel, and can be obtained through any coal merchant. The egg-shaped form of briquette is the best for the purpose. The briquettes should be so arranged on the fire as to allow of the free passage of the air through the burning mass.— (5) Do not poke a fire composed of briquettes.—(6) Do not leave the dampers of the kitchen range out longer than is necessary to heat the water in the boiler, or in doing the cooking.—(7) Bank the fire down with small coal slightly damped and pressed down.—(8) If the fireplace happens to be a large one. and only a small slow-burning fire is required, fill in part of the space with coal balls formed by mixing coal with clay.—(9) The size of large grates can be effectively reduced by inserting firebricks at the sides of the fire.—(10) Use gas whenever possible for cooking purposes.—(11) Burn all the vegetable and kitchen refuse in a closed fire where possible.—(12) Small coal or slack made from the breaking-up of the coal should be used for damping the fires or for making the balls already alluded to, and should on no account be thrown away. CONTRACTS OPEN FOR COAL AND 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. Abergavenny, October 18.—Good house coal, for the Abergavenny group of Council schools. Particulars from Mr. F. Baker Gabb, clerk to the group. Hull, October 25.—House, steam, and gas coal, for the Committee of Visitors of the Hull City Asylum, Willerby, near Hull. Forms from the Town Clerk, Guildhall, Hull. Rathmines (Ireland), October 18. — 100 tons of best Wigan coal, for the Urban District Council. Forms from the surveyor, Town Hall, Rathmines, Co. Dublin. Salford, October 18.—Coal, for the Corporation. Par- ticulars, etc., from the borough electrical engineer, Electricity Works, Frederick-road, Salford. Strokestown (Ireland), October 22.—50 tons best English, Irish, or Scotch coal, free from slack, for the Guardians. Tenders to Mr. T. Murray, clerk. Tottenham, October 19.—Coal and coke, for the Tottenham District Council. Forms from Mr. R. C. Graves, clerk, Town Hall, Tottenham. Youghal (Ireland), October 18.—Coal (best steam lump, and house), to the Auxiliary Asylum, for the Committee of Management. Forms from Auxiliary Asylum, Youghal, on deposit of £5. The date given is the latest upon which tenders can be received. CONTRACTS OPEN FOR ENGINEERING, IRON AND STEEL WORK, Ac. Darlington October 22. — Turbo-alternator. — One 3,000 kw. turbo-alternator and surface condensing plant, for the Corporation. Specifications from borough electrical engineer, Electricity works, Haughton-road, Darlington. London, S.W., October 18.—Steel Bearing Plates.— About 58 tons of steel bearing plates and about 54 tons of liners for 50 lb. flat-bottom rails, for the South Indian Railway Company Limited. Specifications from R. White, 3, Victori a-street, S.W. Maldon, October 18.—Cast Iron Mains.—Laying about 245 lineal yards of 6 in. cast iron w7ater main, for the Corporation. Specification from T. R. Swales, borough engineer. COAL AND COKE EXPORTED AND SHIPPED COASTWISE FROM PORTS IN ENGLAND, SCOTLAND AND WALES. During the Month of September 1915.* Port. Export s. Coastwise ship- ments. Coals. Coke. Coals. Coke. Newcastle 421,556 ... 25,109 ... 112,625 . North Shields... 16,636 ... South Shields... 356,292 ... 16,950 164,990 .. 350 Sunderland 122,362 ... 2,702 ... 82,955 . Hartlepool 86,097 ... 1,738 ... 54,540 . Goole 69,141 ... 984 ... 59,685 . Blyth 163,469 ... 42 ... 17,520 . — Newport 297,727 ... 2,470 ... 35.681 . Liverpool 28,248 ... 1,232 ... 122,274 . 926 Methil 126,088 ... 793 ... 17,480 . Glasgow 241,617 ... 2,147 ... 31,458 . 654 Kirkcaldy 8,762 ... — 485 . Burntisland 70,215 ... 70 4,790 . Cardiff 977,574 ... 3,894 ... 44,853 . Llam-lly 8,569 ... 49 ... 2,685 . Middlesbrough — 446 ... — Seaham 45,697 — 93,257 ’ Swansea 211,230 ... 222 17,852 . Granton 13,506 ... 4,034 16,365 . Port Talbot 153,9)8 ... 2,816 ... 9,376 . " 181 Irvine 1,152 . . 11,019 120 Hull 258,517 ... 5,586 44,213 . 535 Immingham 1,302 ... — 1,156 . Amble 17,175 ... — 2,070 . Troon 10,240 ... — 12,102 . Grimsby 53,533 ... 560 8,385 . — Ayr 12,734 .. 67,678 ’’ 5 Greenock 4,200 ... — 2,424 Leith 90,068 ... 5,144 1,710 . Ardrossan 8,979 ... 2,169 ... 21,907 . Stockton — — 30 Whitehaven — — 19,377 . 95 Note.—The figures in the above tables do not include Admiralty and certain other shipments Correspon dinar figures for the month of September 1914 are unavailable. * From Browne’s Export List. American Coal in the Canaries.—According to the United States Consul at Teneriffe, the war has thrown open to American producers of the finer grades of bunker coal two of the greatest coaling station of the Atlantic—Teneriffe and Las Palmas, Canary Islands. Coal to the value of 5,475,000 dols. was supplied by the Canary Islands to ocean traffic during 1914, and, despite the reduction in the world’s com- mercial tonnage, the present year is reported by coal dealers to have shown little falling off. Before the war American coal exporters found it impracticable to make any entry into this trade. This year the increasing difficulty ’in securing Cardiff and Durham coal has enabled enterprising American export houses to send here a number of cargoes of high-class steam coal. This coal is reported to have given perfect satis- faction. but thus far the big buyer still persists in the attitude of considering American coal as available in the Canaries only for emergency use. It may prove necessary to secure direct representation of American firms in Teneriffe and Las Palmas before American coal will be given a fair chance to show its superiority at the same prices asked for British coal. Even without such thorough-going methods, there now exists the opportunity to export American bunker coal there. The con- tract price of coal at this time last year was 7-50 dols. per ton for the high-class Cardiff article. This coal is now bring- ing 14-50 dols.. and dealers admit that the prospects are rather for an increase than a decrease in prices. Approxi- mately 50.000 tons of American coal were imported during the first six months of 1915. This represents approximately 20 per cent, of the coal imports into the Canaries for the first half of 1915.