188

THE COLLIERY GUARDIAN.

January 28, 1916.

COAL, IRON AND ENGINEERING COMPANIES.
REPORTS AND DIVIDENDS.

Alldays and Onions Pneumatic Engineering Company
Limited.—It is announced that the recent offer of 50,000 6
per cent. “ B ” cumulative participating preference shares
of £1 each and 50,000 ordinary shares of £1 each in the
above company has been over-subscribed.

Consett Iron Company Limited, — The directors have
resolved to pay an interim dividend of 2s. 6d. per share on
the ordinary shares, and 8 per cent, per annum on the
preference shares. The dividend for the corresponding half
of last year was 6d. per share.

Gas Light and Coke Company Limited.—The accounts for
past half-year show that the balance to credit of net revenue
will enable the directors to recommend a dividend at rate
of £4 4s. per cent, per annum, carrying forward <£446,615.

Knowles (Andrew) and Sons Limited.—The accounts for
the past year, subject to audit, show a net profit, after pro-
viding for depreciation and paying interest on debentures,
etc., of £47,199 8s. fid. The interim dividend paid on
August 1 last absorbed £12,000, and with the amount
(£452 4s. 5d.) brought forward from last account, the amount
now available for distribution is £35,651 13s.. 2d. Out of
this the directors propose to pay a further dividend, making
6 per cent, for the year, to place to reserve fund £10,000, and
to carry forward the balance, £1,651 13s. 2d., to next account.

Lloyd’s Navigation Steam Coal Company Limited.—Under
a compulsory winding-up order made against this company
last November, upon a creditor’s petition, the report of Mr.
W. J. Warley, official receiver, has been issued to the
creditors and shareholders. The accounts filed under the
liquidation show liabilities £7,257 15s. 3d., against assets
valued at £73 14s. lid., and a deficiency of £12,675 10s. lOd.
with regard to contributories. The report, of the official
receiver stated that the company was registered on May 6,
1914, with a nominal capital of £60,000, divided into shares
of £1 each, its object being to purchase, take on lease, or
otherwise acquire certain mines and minerals at Gelligroes,
near Pontllanfraith, in the county of Monmouth. The pro-
moter of the company was William Benjamin Lloyd. On
June 8, 1914, an agreement was entered into between William
Benjamin Lloyd and the company, which recited that, in
contemplation, and with the view of the formation and regis-
tration of the company, Lloyd had entered into negotiations
with Sir Ivor John Caradoc Herbert for the grant to the
company of an agreement for a lease of certain mines and
minerals situate under lands in the. parishes of Mynyddislwyn
and Bcdwas, in the county of Monmouth; that he had also
expended moneys in the purchase of machinery and other
goods and materials, in wages for work done for the pur-
poses of the then intended company, and had incurred other
debts and liabilities. The company allotted to Lloyd 10,000
of its shares fully paid in respect of services rendered. There
does not annear to have been any lease granted direct to the
company of the mihes and minerals referred to in the agree-
ment before-mentioned, but the company would seem to have
worked the mines under “ Heads of terms ” of agreement
and a licence granted to Lloyd, and, according to the books,
' coal to the value of £1,312 12s. 3d. was sold. The com-
pany, however, was hampered by want of capital, and
negotiations for the sale of the undertaking were entered
into, but without success. In his concluding observations,
the official receiver remarks that the statement of affairs is
incomplete and incorrect in several particulars. He states
that the 10,000 shares issued as fully paid to W. B. Lloyd
are not brought into account as regards contributories, and
the £550 due by him is not included in the unpaid calls esti-
mated	to be irrecoverable.	The	unsecured	liabilities,

£7,205	13s. 2d., include the claim of	the trustees of Lloyd’s

estate,	£6,004 3s. lOd. ; £323	18s.	6d., legal	expenses;

£261 6s. 6d., balance of secretary’s salary and costs; £200
damages to houses; £160 7s.	7d.	balance of	directors’

remuneration: £105, fee for report on property; £72 16s.,
rent and royalties; the balance, £78 0s. fid., being in respect
of goods supplied, audit fee, printing, etc. Unpaid calls,
£750 14s. 6d., is the net amount, but the gross unpaid calls
now outstanding appear to amount to £1,500 8s. 6d. Of
this amount, £550 is due by W. B. Lloyd.

Lofthou.se Colliery Company Limited.—The net profits for
the year ended December 31 were £16,781, and £21,155 was
brought forward. A final dividend of 7s. per share is pro-
posed, making 13s. per share (21f per cent.), free of income-
tax, for the 12 months, adding £4,500 to the reserve for
income-tax, etc., and carrying forward £21,308.

Oswa.ldtYifistle Collieries Limited.—-Profit for past year,
£8,208. Pinal dividend of 20 per cent, per annum, making
15 per cent, for the year.

Staveley Coal and Iron Company Limited.—The directors
have declared an interim dividend of 7|- per cent. The
interim dividend paid a year ago was 5 per cent.

Warner and Company Limited.—Interim dividend at the
rate of 5 per cent, per annum on the ordinary shares has been
declared.

NEW COMPANIES.

Ekaterinburg Syndicate Limited.—-Private company. Regis-
tered office, 70, Finsbury-pavcment, E.C. Registered
January 17. To purchase, take on lease, or otherwise
acquire, term of interest in dry land, estate, etc., and in
particular auriferous and properties in Russia or China, or
any other part of the world; to purchase or deal in same; to
carry on business of coal and iron masters, quarry and mine
proprietors, dealers in any description of ores, steel founders,
engineers, etc. Nominal capital, £10,000 in 9,500 £1 pre-
ference shares, and 10,000 Is. ordinary shares. Subscribers
(one preference share each) : G. T. Little and C. N.
Hawkins.

General Engineering Company (King’s Cross) Limited.—
Private company. Registered office, 97, Caledonian-road,
King’s Cross, N. Registered January 19. Nature of busi-
ness indicated by title. Nominal capital, £1,000 in 1,000 £1
shares. First directors and subscribers : A. V. Bond and
H. C. H. Braun.

Hamburger (A.) and Company Limited.—Private company.
Registered office, 11a, Ncw-strect, Birmingham. Registered
January 17. To acquire, take over, and carry on business of
metal merchant and agent now carried on at above address
by Abraham Hamburger, the goodwill and debts, etc., and
carry on trade of engineers, smiths, machinists, general
founders, iron, steel, and metal merchants, etc. Nominal
capita], £1,000 in 1,000 £1 ordinary shares. Subscribers (one
share each) : A. Hamburger and A. Towell.

Jackson (H. E.) Limited.—Private company. Registered
January 20. To carry on business of engineering now carried.

on at Church-gate, Leicester, as H. E. Jackson and.Company,
and to carry on business of iron founders, mechanical, elec-
trical, water supply, and gas engineers, etc. Nominal capital,
£2,500 in 2,500 £1 ordinary shares. First permanent
directors and subscribers (one ordinary share each) : E. H.
Kirk, C. H. Kirk, and H. E. Jackson.

North Ayrshire Coal and Oil Company Limited.—Private
company. Registered office, 8,' Princes-street, E.C. Regis-
tered January 18. Nature of business .indicated by title..
Nominal capita], £1,000 in 1,000 £1 shares. Directors : K.
Kimber, B. de Quinccy, R. T. Walker, T. White, and W. H.
Tottie.

Parsons and Hodges Limited.—Private company. Regis-
tered office, 63, The Parade, Leamington, Warwickshire.
Registered January 15. To acquire and carry on the follow-
ing businesses : (1) Electrical and mechanical and general
engineers, contractors, etc., now carried on by A. J. Hodges
at Regent-street, Leamington, in .succession to W. Parsons
and Company Limited ; (2) electrical and mechanical and
general engineers, contractors, etc., now carried on by A_. E.
Mason at 63, The Parade, Leamington, as receiver for the
debenture holders of Brown and Parsons (1913) Limited.
Also to enter into two agreements, and to carry on business of
electrical, mechanical, and general engineers, contractors, etc.
Nominal capital, £3,000 in 3,000 £1 shares. Subscribers (one
share each) : William Parsons and A. J. Hodges.

Sanders and Faster Limited.—Private company. Regis-
tered office, Royal Works, 27, Union-road, Rotherhithe.
Registered January 17. To carry on business of iron
founders, general, mechanical, constructional, electrical, and
motor engineers, builders of locomotive engines, motors,’etc.,
tool makers; and brass founders, workers of minerals, etc.
Nominal capital, £5,090 in 5,000 £1 shares. First directors
and subscribers (100 shares each) : J. T. Sanders (chairman)
and R. Foster. Qualification of directors, 100 shares.

Trentham Engineering Company (Cornbrook) Limited.—
Private company. Registered office, Tower-chambers,
30, Spring-gardens, Manchester. Registered January 19.
Nature of business indicated by title. Nominal capital,
£2,000 in 2,000 £1 shares. First directors : W. A. Jones,

E.	Monkhouse, W. Shacklady, and H. Holroyd.

Wade (F. R.) and Company Limited.—Private company.
Registered January 19. To acquire, take over, and carry on
business of E. R.^Wade and Company, business of manu-
facturers of electrical instruments and machinery, and engi-
neers, and any other business in connection therewith.
Nominal capital, £1,000 in 1,000 £1 shares. First director,

F.	R. Wade.

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.

A moderate amount of business has been transacted on
the outward freight market during the past week, but the
general conditions prevailing on the markets at the time
of writing are anything but satisfactory and conducive to
business. As a rule, rates are fully maintained at recent
levels, and, in many instances, still forging ahead. At the
North-East Coast, however, there is weakness in quotations
coastwise, and in the near trades generally. The recent
bad weather has interfered with navigation very consider-
ably, and the arrival of steamers at the Tyne continues to
be irregular. The demand for boats is heavy, and tonnage
supplies are still very much below requirements. The new
restrictions on the exportation of coal with which the
Government surprised commercial coal men last week well
nigh paralysed the market, of course, and those few
merchants who were in need of tonnage for the near trades
were able to secure boats at slightly lower figures. Coast-
wise, London is .about steady on the basis of 15s. For North
France, coke tonnage has been able to command the higher
rate of 42s. 6d. to Dunkirk, but coal rates are reduced to
the extent of Is. to Is. 6d. for Dunkirk, and a like amount
for Rouen, for which the prevailing rate is now 30s. The
Bay is likewise weaker .and, whilst Bordeaux has been fixed
for at 6d. increase on last week, St. Nazaire has been done
at the reduced rate of 42s. 6d. The Mediterranean is very
firm, and 90s. has been conceded several times for Genoa,
an advance of 4s. on the top rate for last week, with Torre
Annunziata done at a similar figure. Business at South
Wales has been upset throughout the whole of the week by
stemming difficulties, and chartering has been very quiet
as a result. High rates have had to be paid to get boats
away, and the tone remains strong, although, at the time
of writing, the Mediterranean is a shade weaker. Rates for
North France are from Is. 3d. to Is. 6d. up to Rouen, fid.
to Caen, and from 2s. fid. to 3s. to Havre. The tone of the,
Bay market continues to be firm, and Bordeaux easily
secures 45 fr., an increase of 5 fr. on the highest price a
week ago. Further considerable rises arc to be reported for
the Mediterranean, and Genoa at 80s. represents another
record and an .advance of 3s. on the week. The South
Mediterranean is represented by Algiers at 75 fr., and Port
Said, at 90s. The Islands are steady at 37s. 6d. to Las
Palmas.

Homewards, acute tonnage shortage is still the outstand-
ing feature of the markets. An easier tone prevails at the
River Plate, however, most merchants holding off. Govern-
ment agents have been able to secure boats at the com-
paratively low figure of 135s. for March loading, but 140s.
is freely obtainable from Buenos Ayres for March-April
cancelling. From the States, the Bristol Channel has been
fixed for on Government account at 16s. for heavy grain,
and merchants are now holding for an additional 3d. West
Italy is worth 22n fid., and flour for the French Atlantic
up to 100s. For coals for West Italy, 110s. has been
offered without response from owners. The eastern market
is strong, and Saigon would probably pay 200s. for rice,
whilst the'Madras Coast is worth upwards of 180s. for
•kernels. From Bombay, 140s. on d.w. is easily obtainable,
and 130 s. on scale basis could be secured from Kurrachee.
Australia has been done for United Kingdom at 110s., and
Vladivostok quotes 190s.

Tyne to Bordeaux, 2,500, 45s. 6d. ; 1,900, 45s.; Caen,
1,000, 29s.; Carthagcna, 1,700, 57s. fid.: Cette, 1,500, 80s.;
Calais, 1,000, 41s. 6d., coke; Dunkirk, 600, 42s. fid., coke;
650, 31s.; 1,000, 41s. fid.. coke; 700, 42s., coke; 700, 30s.;

1,600,	31s.; 1,350, 30s.; Dieppe, 2,000, 29s. ; Genoa, 3,500,
90s.; 4,000, 90s.: 4,500, 87s. fid.; 2.200, 90s.; Havre, 2,000,
28s. ; Lisbon. 1.800, 40s. : London, 1,700, 15s.; Malta, 4,500,
80s.; River Plate, 5,000, 40s.; Rouen, 1,500, 31s.; 1,500,
30s.; 2,500, 30s.; 2,000, 30s.; Rochefort, 1,500, 45s.; St.
Nazaire, 1,700, 45s.; 2,200, 45s.; 2,000, 42s. 6d.; Savona,

4.500,	87s. 6d. ; Treport, 600, 31s.; 1,000, 41s. 6d., coke;
Torre Annunziata, 3,000, 90s.

Cardiff to Algiers, 1,500, 75 fr.; 2,000, 75 fr., Feb. 3;

2.600,	75 fr.; Alexandria, 3,500, 86s., 500; Bordeaux, 2,200,
44 fr.; 1,000, 43 fr.; .1,700, 44 fr.; 450, 45 fr. ; 2,800, 45 fr.;

1,100,	45 IT.; Buenos Ayres, 2,350, 30s., sail, early Feb.;
30s. 6d., sail, Feb.; Bizerta, 6,000, 75 fr., 1,500; Caen,

1.300,	22s.; Colombo, 5,000, 75s., March-April; Djibouti,
75s.; Genoa, 6,200, 78s.; 3,800, 80s.; 3,200, 80s.; Granville,
550, 22s. fid. ; Havre, 1,000, 22s. 6d.; 900, 23s. ; Havre Canal,

1,100,	23s.; 1,300, 23s. 6d.; Leghorn, 6,200, 78s.; Lisbon,

1,100,	35s. ; 1,600, 35s., 350; 3,900, 34s., 500; 700, 30s., sail;
3,000, 34s. 6d., 500; 950, 31s.; Las Palmas, 1,100, 37s. 6d. ;
1,400, 35s., sail; 2,200, 37s. fid.;'La Rochelle, 900, 401 fr. ;
Marseilles, 5,300, 821 fr.; 1,800, 85 fr. ; 1,700, 90 fr. ; 2,100,
89 fr.; 1,000, 90 fr. ; 3,500, 90 fr.; Nantes, 650, 29s. fid.;

1.500,	43 fr.; Oporto, 900, 34s.; Port Said, 4,500, 82s. fid.;
5,000, 90s., Feb., reported; Rochefort, 900, 401 fr. ; Rouen,

2.300,	23s. fid.; 1,700, 23s. fid.; 3,300, 22s. 9d. ■ 1,200, 24s.;
Savona, 6,200, 78s.; 3,800, 80s.; Spczzia, 3,800, 80s.;
Tenoriffe, 1,100, 37s. 6d.; 1,400, 35s., sail; Tarragona, 1,750,
48s. fid. ; Vigo, 1,000, 30s. fid.

Swansea to Genoa, 1,500, 80s.; Rouen, 800, 23s. 9d.;
Guernsey, 350, 21s. ; Havre, 1,400, 21s. fid. ; 850, 22s. 6d.;
450, 21s.; 650, 21s. fid., tin-plates, free in and out; Treport,
600, 23s. fid.; 600, 24s. 6d., tin-plates, free in and out; St.
Malo, 700, 19s. ; La Rochelle or Rochefort, 1,600, 40 fr. ; 900,
401 fr. ; Caen, 650, 22s. 6d.; Civita Vccchia, 900, 78s. coal,
78s. 9d. fuel: 800, 78s. fid.; Marseilles, 1,700, 90 fr.; 2,100,
89 fr. ; Granville, 650, 21s. fid. ; Tonnay Charento, 700, 38 fr.,
fuel; St. Bricux, 750, 22s. fid. coal, 23s. 3d. fuel; Cagliari,

2.500,	78s. ccal, 78s. 9d. fuel; Leghorn, 3,200, 78s. 6d., 500,
Old., option Naples, 74s. fid., 600; Dublin, 270, 10s.; Caen
or Dieppe, 950, 23s.

Newport to La Rochelle or Rochefort, 9G0, 401 fr. ; Vigo,
1,000, 30s. fid.; Seville, 1,500, 38s. fid.; 1100, 40s.;
Gibraltar, 1,200, 38s. 6d.; 3,000, 37s. fid.; Ferrol, 1,300,
31s. 3d.;. Marseilles, 1,800, 85 fr.; 1,000, 90 fr. ; Rouen,

1.500,	23s. ; Algiers, 2,000, 75.fr. ; Havre Canal, 800, 23s. 3d. ;
Genoa, Savona, or Leghorn, 1,500, 80s.; Havre, 900,
23s. 3d.

Port Talbot to La Rochelle or Rochefort, 900, 40 fr. ; Caen,

1.300,	22s.; Rouen, 1,600, 23s. fid.; 3,300, 22s. 9d.; 1,180,
24s.; Algiers, 1,400, 75 fr.

Hull to Rouen, 980, 30s.; 1,400, 31s.; Dunkirk, 750, 29s.;
Calais, 750, 29s.

Elyth to Havre, 1,600, 30s.; 1,000, 30s.; 1,500, 28s.;
Rouen, 1,600, 30s.

Mersey to Ireland, 18s. 3d., Feb.-Alar.

Scaham Harbour to Rochefort, 1,650, 46s. 6d. : Genoa,

1.600,	90s.; Caen, 1,000, 29s. 6d.; Havre, 2.000, 28s.

Hartlepool to Trouville, 700, 30s.; Leghorn, 3,300,
87s. fid.; Marseilles, 1,800, 77s. 6d.

Grimsby to Civita Vecchia,’ 2,000, 90s.

Glasgov/ to Torre Annunziata, 97s. fid., reported; Genoa,
Savona, or Leghorn, 4,000, 90s.; 4,500, 90s.; 95s., Feb.;
St. Nazaire, 1,350, 55 fr.

Amble to Trouville, 500, 32s.

Bristol Channel to Rouen, 1,700, 23s.

Wear to Rouen, 2,500, 30s.; 3,100, 30s.; Havre, 1,000.
30s.; Bayonne, 1,500, 47s. fid.; Toulon, 2,100, 75s.

COMTRACTS OPEH FOR COAL AMD COKE.

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

Islington, February 3.—The Guardians of the Poor, of
■the parish of St. Alary, Islington, invite tenders for the
supply of coal and coke, to be delivered as ordered at their
institutions in the parish, during the period to Alarch 31,
1916. Printed forms of tender must be obtained from the
clerk personally, or a stamped, addressed, brief-size envelope
may be sent. Sealed tenders, endorsed “ Tender for Coal
and Coke,” and addressed to the. Guardians, must be
delivered at the Guardians’ offices, St. Johns-road, Upper
Holloway, N., not later than Thursday, February 3, 1916,
and the tenders will be opened at a meeting of the Guardians
to be held there on the same day. The Guardians do not
bind themselves to accept the lowest or any tender. No
contract will be given to firms who do not ordinarily observe
the recognised rate of wages and hours of labour. By order,
Edwin Davey, clerk.

Abstracts of Contracts Open.

Dublin, February 3.—House, furnace, and cannel coal,
for the Commissioners of Irish’Lights. Forms from Mr.
H. G. Cook, secretary, Irish Lights Office, Dublin.

London, SW., February 2.—Best steam coal and best
gas coke, for the Middlesex County Council. Forms from
Mr. H. T. Wakelam, county engineer, Middlesex Guildhall,
Westminster, S.W.

Manchester, January 27.-3,000 or 5,250 tons of good
burgy, for the Baths and Washhouses Committee. Particu-
lars from the General Office, Osborne-street Baths,
Alanchester.

Neston (Cheshire), February 2.—About 400 tons of slack
burgy or coal, for the waterworks of the Neston and Parkgate
Urban District Council. Forms from the surveyor, Town
Hall, Neston.

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

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

Ashborne, February 9.—Borehole.—Sinking a borehole
of 15 in. diameter to a depth of 200 ft., for the Ashborne
Urban District Council. Specifications from J. W. Twigg,
waterworks inspector, Derby-road, Ashborne.

Leicester, February 5.—Rails.—30 tons of 7 in. steel
girder tramway rails, for the Tramways Committee. Offers
to E. G. Mawbey, borough engineer, Town Hall.

Newcastle (N.S.W.) May 3.—Turbo-AIternator.—Erec-
tion of 2,500 kw. turbo-alternator, for the New South Wales
Government Railways and Tramways Department. Speci-
fications from electrical engineer, 61, Hunter-street, Sydney,
on payment of £1.

Grimsby Coal Exports. — Returns for the week ending
January 21 show that the coal exported from Grimsby was
as follows:—Bermuda, 544 tons; Dieppe, 1,124; Rouen,
1,113; and Treport, 1,883 tons—total, 4,664 tons foreign;
against 15,765 tons foreign during the corresponding period
of last year.