THE HONGKONG TELEGRAPH. WEDNESDAY, SEPTEMBER 12, 1817.
A PATRIOTIC CALL.
THE HONGKONG STEEL FOUNDRY COMPANY, LIMITED.
PROSPECTUS
Inviting public subscription for 85,000 shares at par ($10 each), upon an increase of the Capital of the Company.
T desired and a resolution for that purpose has been passed,
ta increase the Capital of the Company to $1,000,000 by the ime of new shores, for the purpose of extending the business which is firmly believed will, if so extended, not only prove exceedingly profitable, to all interested in the Compaar, bat will also supply a want to local concerns.
The Capital of the Company is now $1,000,000 of which only $78,080 has been paid up and, on this the Company last year made a net profit of $19,817 and paid a dividend of 10 per cent at the end of the present financial year. It is anticipated that doubling the Capital will at least treble the profit; and, should this anticipation be realized, the Company could pay at Ioast a steady Twenty per cent.
Steel Coatings are needed for numerous purposes by all Bailway contractors, Engineering and Dock Companies, everywhere in China, and by many small manufacturers. At present a large portion of the Steel products which this Company is able to manufacturo is obtained from abroad-al probably a great expense-in consequence of the very limited capacity of this Company to carry out orders received. With an increased Capital, enabling more furnaces to be erected, and more labour employed, this Company would then be in a position to supply most of, if not all, the needs for steel castings in this part of the world; for, with the experience now acquired by the General Managers, and by their present head workmen, there should be no difficulty whatsoever in most satisfactorily fulfilling such requirements.
It is much dexind that sufficient additional capital be subscribed, beyond that, which is required for the further development of the Steel Casting department, in order to enable a plant to be obtained, and act up, for the purpose of rolling Steel fagots into material for Engineer- ing, Dock, and Building requirements; for which material there is now a great demand.
It is therefore trusted that many persons in the. Colony will be found ready to subscribe towards the inervasod capital'desired, both for Beir own benefit, and for that of the community generally
The General Managers are ready and willing to enter into any reasonable agreement desired by the Company to continue their services for a lengthy period. Also, if desired by the Company, they are fully prepared to transfer the control to a Board of Directors,, comprised of such persons who are in a position to introduce busineni, as the Company, thinks advisable
The minimum subscription for the new shares now offered to the public, upon which the General Managers may proceed to allotment, is $200,000,
MR. C. BERNARD BROWN of the firin of Meat. LINSTEAD & DAVIS, Hongkong, is the Auditor of the Company,
A copy of this prospectus has been duly tiled for registration
with the Registrar of the Companies.
Application for Shares abould be made to the Company's Bankers, or the office of the General Managers, where forms will be supplied.
GORDON & CO.
*
theneral ManoJTE.
Date this 22nd day of August, 1917.
REUTER'S
TELEGRAMS.
THE FRENCH cabinet,
M. Painleve to the Rescue.
REPORT AND STATEMENT OF ACCOUNTS FOR 1916-17.
Repark presented to the Shareholders at the Sermů Ordinary General Moving hall at the Offen në tha Gallest Manages, on Wediteday, the 15th August, 1817, at 11.30 o'clock m
The General Managers have now the pleasure to submit their annual report and statșocat of the Company's accounts made up thi Jial May, 1917.
The net profit for the post coded that May, 1911, aftar allowine for faterers, Auditor's "Zem and welke off desunciation on Company's Plant, Machiney Launches and Stock, is $19,317.9%. This amount together with the sum of $19,545,62 andinc(buted proft brought forward from last year makes an available balance of 639,566,55 which it in smelted to appropriate as follows pin To place to Enserve Fund $10,000.00. To pay a dividend of $3.00 per share $7,806.00. To carry forward to credit of natt year's account. 821,55155.
Dr.
SHARE CAPITAL
BALANCE SHEET AT 3151-MAY, 1917.
LIABILITIES,
Authorised 330.000 ahares at 310 ch......$1,000,000
Janed 7,808 hares at $10 oath.. MORTGAGE ACCOUNT
SUNDAY CREDITORS including General Managers" PROFIT AND LOWS ACCOUNT.
Balance par laat account, Pra: for the bar...
To Infarmat Aeroat
Auditor's Fee.
2,000.00
20,753. T
$19,548.82 19,FI7.13
29,568
*
AASET'S
250
Machinery, Malting Furnaces. Foundry Simat
and Tools including Ansaling Prabesting Chambers and also all righta
LO BRETUČ DITORERi sa per lart socowal ..185.958.12
- Les solā, 26........
La Depreciation
ML
$23.665.87
Additions during the year
Value of Launches së por fast servant....$ 4,500,00 1 Depreciation...
480,00
Cr.
$1,019.15
4,836.86
82,156) 01
4,030
Of
Furniture and Finbaren arkading volkshis drawings as per last socount Las Depreciation....
816,10
11.00
729
Slock in trade .*****
⤠27,649,70
Les Depreciation ..............
Work in Progress
Assunta Hani vabla.....
Grab et Bank and in hand! Bank 7,271,54)
PROFIT AND LOSS ACCOUNT,
For the year ending Jist May, 1917.
283 2
Cub 17.55/
163,202 27
45000 Balance Working Accent am 00
23.11179
Depreciation en Machy, Part, Etock, &r. Wring of 14 Machinery
19.81795
Protis on the year
28.1176
GORDON & Co.,
General Managers,
Import that I have mudued the abors Baisner Sheet, skin the books and vouchers of the Company and have found it to be in annardanor therewith.
- I have received all the information and explanations I have requins. No degraciation has been written off Steel Procem Palen! Righich appear in the wooks at their original cost samely 1,369.56. Bubject to the forgoing observation in my opinion aucti Dalmore She is properly drawn up wine to walubit a crap and correct view of the state of the Company's affairs according to the best of
information and the explanations gives me and shown by the books of the Company.
S.'BERNARD BROWN, ASLAU Honghoz. 6: Auguri, 1917,
Auditor.
wi
وا
The Register for application of Shares will be closed on Thursday, 1st November, 1917, at 3 o'clock.
London, September 11. Renter's correspondent at Paris" states that M. Painlevo has agreed to form a non-party National Cabinet, directing all the forces of the nation to a vigorous prosecution of the war.
Socialists to Assist,
London, September 11.
Beater's correspondent at Paris ways that the Socialists are prepared to collaborate with M. Painleve, who, it is believed, will speedily succeed in the Cabinet making.
EGYPTIAN COTTON RESTRICTION,
London, September 12. Renter's correspondent at Alexandria says a decres limit the polton Boreaga to'one-third of the whole cultivable aras of Egypt to encourage cereal growing, leaving about 200,000 foddans under COLOR
** UNWRITTEN LAW."
London, September 11-
A most interesting trial, raising the question of so-called unwritten law, ended at the Vid "Bailey to-day. A wealthy juto merchant, Lieut. Dougins Malcolm, of the Field Artillery, wär charged with the murder of à Hassian named Anton Baumberg, a white slave trafficer and suspected 'Gerinan spy, with whom Men,| Malcolm became intimate while Lieut. Malcolm was in France. Lasat. Malcolm, returning; thrashed and challenged Baumberg, and finally shot him at his lodginge. He then surrendered to the police. Lieut. Malcolm warmly repadisted the suggestion that his wife was unfaithful, but the wife made a fall outomaion of her pnfaithfulness at the Coroner's Court,
The trial proved that Banmberg had a loaded revolver in his: drawer. The Oeroner's jury returned a verdit of “Justifiable Homicide."
REUTER'S TELEGRAMS.
THE SWEDISH REVELATIONS.
Dutch Ylew of the Exposure.
Amsterdalo, Sept. 11. Dutch comment dwells on the enormity on Count Qua burg в offence as harmonising with the record of German reprezentatives abroad i believes that the Albea are diancuned to hold the Swedish people responsible and will be sausfied with the punishment of the guilty. Acoquate mcana are at present in the basis of the people by throw- ing out the prescut. Government.
+
Swedish Press Opinions.
Stockholm, Supt. IL The "Social Democraten" says it is needless to em- phasise the seriousness of the case, which is aggravated as it is obvious there were willing helpers at Stockholm. If the accusations are true . Loewen bas hopelessly con», • promised the country's bonour and strained the relations
The Conservative. "Dagblad" is unrepenting and sarcas tically advises the Argentine to follow the majority of the South American States into an allianco with the Ententer It counter-charges Mr. Lanang's method of exposure as
gross and wilful insult.
THE PETROGRAD SENSATION.
London, Sept. IL
A wireless Bussina message státes that the Executivez - of the Workmen's and Soldiers' Councils and the Peasants have sent a message to the Army and Navy Committees that General Korniloff is heading a military counter-revolution conspiracy and has moved troops to Petrogral with the object of deposing the Provisional Government. His troops have been deceived, believing that they have been sent to crush a conspiracy of the Maximalists which is non-existent The Executives therefore request that the Committees dis- obey the orders of General Koruiloff and his fellow traitors and carry out the demands of the Central Committees, and that the Provisional Government explain to the soldiers, crpecially to the waverers, the true meaning of General Korpiloffa plot.
LEGISLATIVE COUNCIL.
PEACE PROSPECTS.
Dr. Michaelis' Supposed Mission.
AND
To be returned to the applicants,
To be refnisrá by the Nashers,
Thin form should be sent entize, with a cheque for the deposit of BLO on each share to the bankers of the Company namely
CO ÁRTEARD BANK OF INDIA, AUSTRALIA
CHINA.
HONGKONG STEEL FOUNDRY CO., LTD.
༤་
Form of application for Sheras-
To the General Managers of
HONGKONG STEEL FOUNDRY COMPANY, LIMITED, Gentlemen,
Having paid to the Company's bankers the sum of $ being a deposit of $10 per share for,,
.........shares of $10 each of the above named Company 1 (or wa) request you to
*
allot to me.for us) .......shares on the terma of the Company's Memorandum and Articica of, Association and I for wel agres to accept the same or any less number that you may allot to me (of us) and I for we) authorise you to register ¡me (or us) as the holder (s) of the said shares..
Name in full
Address...... Description....
Dale........
Signature...
Receipt for Application. Money.
Received this
day of
on account
of the Hongkong Steel Foundry Co., Ltd., from
the sum of $
being a deposit of „shares of $10 each of the
For the Chartered Bank of India, Austraila and EDİR.
$10 per share upon, above named Company.
Coshirt.
N.A. ~Thia merupt meleti tulisepad 10 tür applicant must be preserved, and + means saisine la roerpt for tlie wou dus on allotment, will be exchanged in due courer for a certificate,
MR. CHURCHILL'S
CRITICS.
Fierce Personal Attack by
Lord Beresford.
OBJECTOR ELEven days. IN A PIT.
Brigadier General to be Relleved of Duties.
| London, Joly 29 -The Zarich correspondent of the Daily Chronicle telegraphs that Herr
It was announced in the House Ersberger, leader of the German
of Commons recently by Mr. Centre Farty, has arrived in
Lord Beresford was the chief Macpherson, Under Secretary to Zurich. In the course of an iter-speaker at a meeting held in the War Office, that the officers Fiew given to the pro-Germen sad Queen's Hali "to protest against cancerned in the punishment of Gathalis argen, the Neus Zuricher the recent Ministerial appoint James Brightmore, 3rd Man- Nachrichten, he denied that Dr. ment." He directed his attack cheaters, a conscientions objector, Michaelis was a War Chancellor, particularly against Mr. Chur- had been relieved of their fe and stated that the Reichstag chill. While "not wishing for a sponsibilities and would receive regarded the mission of Michaelis moment to be personal," be no farther employment. AN one of porce. Indeed, his said:- appointment had strengthened Hr. Ohorohill's past career the Reichstag peace resolution, stamped him as entirely unfitted Herr Erzberger added: "Every for any post in the Government, effort must be made to aroid The Navy and Army were agaset Another winter campaign. Thank at the appointment. God there is still the chance
The irregularities, Mr. Macpher on added, arose from the fact that the War Office letter dealing with the treatment of conscientions objectors had not been brought to the notice of the officera cƏR- aarned. The War Office had no What were his qualifications desire to defend the highly basis of understanding for the post? Simply bie esound- irregular sot which was taken. with England an understanding ing failures in every official posi Particulars of this case" were
of a
on which general and lasting tion he had ever occupied, his given in the House last Thursday
peses must rest. If I could mesi
houra conversation, sufficient
Mr. Lloyd George and Mr. Bal.nt of foresight, and astound-
by Mr. Macpherson in reply to a four shen, in probably a few principles of warfare.
ing ignorance of the elementary
question' by Mr. T. E. Harvey. The allegations, which the Under progress might be made to enable When he got into tie Admiralty Secretary admitted were # sub. affical negotiations to begin.” he stones began to interfere with stantially correct,", were that
It is stated in su Amsterdam the discipline of the Navy.
Brightmore had been confined for mesage that in replying to the With regard to the mobiliss days and nights in a pit in declaration of the pan-German tion of the Fleet in July, before Cleethorpes Camp 12ft. below the newspapers that the Bocialista did the outbreak of war"a mobili- level of the ground, and that for not care for the safety of the nation for which Mr. Churchill, four days of that period he was German frontiers, the Vorwaerts continually claimed credit"-the obliged to stand ankledeep in says: "The only safety for boan-order was given as far back as the mud and water, daries is a lasting peace by previous January,
In his reply to Mr. Harvey's At the opening of the trial, Sir John Simon, defending, shook
Second reading of the Bill mutual consent, ▲ modification He had been guilty of the most qusation Mr. Macpherson said hands with the prisoner. Mr. Muir, prosecuting, admitted that a
intituled An Ordinance to amend of frontiers can be arranged, thins reckless expenditure in building the case arose in the first place mers recital of the facts was helpful to the defence, Sir John
the Sponisl Polios Reserve Ordia-4pposing distrustful minde. We Freak ships.
because Brightmore WEE ..not Bimon did not appeal to unwritten law, bat he arged that Lisat
alcolm noted in self-defence and to protect the honour of his wife. Thursday's meeting of the Legie-made nuder section 10 of the said for frontiers."
He had gambled with thou given the option of a trial by anos, 1914, and so remove double want pence, and need safeguards! The orders of the day far as to the effect of proclamations for posce rather than safeguarde sands of lives of our sailors and court-martial, bus was dealt with The Judge, in summing up, said unwritten law was opposed to the lative Council are:--
lost them.
summarily by the commanding most elementary principles of British justion. A humband had no
Ordiasove. Will by withdrawa'al
The Italian newspaper Gernale First reading of a Bill intituled this meeting.
While he was at the Air Board officer; and secondly boo legal property in the body of his wife, nor was he entitled to murder An Ordinance to amend the
d'Italia given what it plaims there was chaos from which it having bosa awarded" detention, or panish a man to whom she might choose to give herself.
to be a true socount of an incid-was only now recovering. he was not committed to a Special Police ReserveOrdinance, The jury returned a verdict of Not Guilty," and there was 1914, and to remove doubts as to
ons before the Chancellor'a His next great fent was when detention barracks in accordance an unprecedented demonstration in Conet in favour of the prisoner, the effect of the proclamation
Palaos in Berlin daring the poli- he went to Antwerp and actually, with the usual praatios. Dutchman's Ruicide ia Kobe,
tical orisis, when i crowd it "was took command of a totally ill.} The antborition made under section 10 of the said B. Klingen, a Dutch subject said, surrounded Hindenburg's equipped naval division to fight responsible, Mr. Macpherson primazily Ordinance on the third day of who has been resident in Kobecar and oried for peace. the perfectly trained and equipped explained, would be the September, 1915.
[for several years, died at the The Italian paper mys that an German soldiers.
Brigadier General and the officer First reading of a Bill intitaled down town Club here last night, excited crowd broke through the His Dardanelice adventure was in command of the partionlar An Ordinance to facilitate Legal (ay & telegram to the N. police cordon, and surrounded a wicked and recklem gamble battalion, Proceedings against Enemics in Daily News, dated September 4) motor car in which were Marshal with precious live.
it is alleged, sa a result of taking von Bindenburg and General van The meeting 'pamed i resolu. First reading of a Bill infitated poison, He left two letters. The Ladendo. The former was tion declaring that "the recent ap- An Ordinance to amend further deceased had been out of employ-
At Mr. P. Lammert's sale the Jary Ordinamos, 1887. It is ment for some time, In 1913 he pale and alarmed; Ladend pointments were liable to weaken
quistened the crowd by saying the Government's power and rooms yesterday afternoon, the proposed to take this Bill through a soling Vios-Consul
It ir certain that we will give prestige. Mr. J. La Maxse pro- «.s, Shin Hing (294 ton gio MEL·Lau itkemu at this zinating,
you peace before sasunn
Was sold for $19,309 # Tas
EARLIER TELEGRAMS.
FRENCH CABINET CRISIS.
Paris, Sept. 11.
The President has invited M. Painleys to form a Cabinet but the latter has reservað hlá reply.
certain osses
Sweden.
for
aided.
.
ኔ
Steamer Solá.
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