1917-09-12 — Page 3

WEDNESDAY, SEPTEMBER 12 1917.

A

THE CHINA MATE.

PATRIOTIC

CALL

THE HONGKONG STEEL FOUNDRY COMPANY, LIMITED.

PROSPECTUS

Inviting public subscription for 85,000 shares at par ($10 each), u upon an increase of the Capital of the Company.

T is desired and resolution for that purpose has been passed, to increase the Capital of the Company 10,000,000 by the issue of new shares, for the purpose of extending the business which is firmly believed will, if so extended, not only prova ceedingly profitable to all interested in the Company, but will also supply want to local concerns.

The Capital of the Company is now 21,000,000 of which only $73,080 has been paid up and, on this the Compary 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 least a steady Twenty per cent.

Steel Castings are needed for numerous purposes by all Railway contractors, Engineering and Dock Companies, averywhere in Chica, and by many small manufacturers. At present a large portion of the Steel products which this Company is able to mannlacture is obtained from abroad-a: probably 'great expense in consequence of the very limited capacity of this Company le carry out orders received. With an increased Capital, enabling more furnaces to be erected, and more labour employed, the Company would then be in a position to supply most of, if not all, the needs fur steel castings in this park of the world, for, with the experience now acquired by the General Managere, and by their present head workmen, there should be no dificulty whatso ever moet satisfactorily fulfilling such requirements.

It is much desired 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 ret up, for the purpose of solling Steel logots into material for Engineer ing, Dock, and Building requirements; for which material there is DOW * great, demand.

It is therefore trusted that many persons in the Colczy will be found ready to subscribe towards the increased capital desired, both for their 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, it derized by the Company, they are fully prepared to transfer the control to a Board of Director comprised of such persons who are in a position to introducë business,, is the Company thinks advisable.

ן

The minimum subscription for the new shares now offered to the. public, upon which the General Managers may proceed to allotment, ia $200,000,

Ma. C. BERNARD Brows of the firm of Messrs. LINSTEAD & Davis, Ilangkong, is the Auditor of the Company.

!

copy of this prospectus has been duly filed for registration with the Registrar of Companies.

Application for Shares should be made to the Company's Bookers,

or the office of the General Managers, where forms will be supplied.

GORDON & CO. -

General Managers.

Dated this 2nd day of August, 1917.

REPORT AND STATEMENT OF "ACCOUNTS FOR 1916-17.

Report presented to the Shareholders at the Seventh Ordinary General Meeting held at the Uce of the General Managers, on Wednesday, the 6th August, 1917 at 11.30 o'clock

A.M. The General Managers have now the pleasure to submit their annual report and statement of the Company's..

nta made up 31st May, 1917.

accounta

the net proat for the year ended 31st May, 1917, after allowing for interest, Auditor's Fees and writing of depreciation en Company's Plant, Machinery, Launches and Stock is $10,817.93 This amount together with the sum of 819,548.62 undistributed profit brought forward from last year makes an available balance of $39,366.83 whichitisresolved to appropriate as follows:-To piace to Reserve Fund $10,000.00. To pay a dividend of $1.00 per share $7,508.00. To carry forward to credit, of next year's account $1,358.55.

BALANCE SHIFT AT 31st MAY, 1917.

the

-ASSETEL

Machinery Mating Tarances Foundry Plant svd Taalineitling Annealing

and Proheating Chambers and alas a rights to secret processes ka par but acedoni Lows sold. A.

La Derrrelation ..........

Cr:

LIABILITIA

HHANE, CAPITAL.

Authorised 100,000 shares at 80 excl ........ $1,000, 00 faced 7,808 NAZON ALB10 sch....... MONTDACK ACCOUNT

M

73,099

5,000

Jus

SUNDRY CREDITORS (ncluding General Manngera PROFIT AND Lom. AccnUNTI

1,6

Balores per laat netisant com $19,342. Prud for year

19,017-0

99.18605

Additions during the year mines.

#77,19:15

M

Value of 2 Launches as per izst secunt. Les Depreciation

4,500.00

450.00

......

·OMon) Furniture and Fixturas Including

valambin drawluste se per last accounts 378,00 La Depreciation .....

€,050

凹

#29

Stock In

127,640,723

Depreciation

7950

Work in ProgrEMA, -

1000

-To Taterent Account.

1,2017

Accounts ReesitaME.

Chahat Bank and in hand

HankL64

17.56)

100

13

13.074

7,439

113,202

PROFIT AND LOSS ACCOUNT. For the year ending 31st May, 1817.

eta.

Be Balance Working Account

-9,327 *

Auditor's Fer Depreciation on Machy,

Plant, Writing of old Machinery. Poft on the year

Stuck do

1,817

ד

28,117

GORDON & Co.,

General Managers.

I report that I have audited the above Balance Sheet with the books and vouchers of the Company and" have found it to be in accordance therewith.

written

I have received all the information and explanations I have required. No depreciation has been off Steel Process Patent Rights which appear in the books at their original cost namely 831,360.50. Subject to the foregoing cbservation in my opinion sech Halance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs according to the best of my information, and the explanations given me and is shown by the books of the Company..

C. BERNARD BROWN, A.Ç.A.

Hongkong, 6th August, 1017.

Auditor.

entize, with a bequANK OF INDIA, AUSTRALI

UNARTERED BANK OF I

To be retained by the Bankers.

LINK : ૦૮

The Register for application of Shares will be closed on Thursday, 1st November, 1917; at 3 o'clock.

HONGKONG STEEL FOUNDRY CO., LTD.

Form" of application for Shares.

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 I (or we) request you to allct,

......shares on the terms of the Company's to me (orus)....... Memorandum and Articles of Association and 1 (or we) agree to accept the same or any less number that you may allot to me (or ha) and I (or we) authorise you to register me (or us) as the... bolder (s) of the said shares. “

Name in full.

· Address......

Description

Date

Signature

Receipt for Application Money.

Received this.........day of

Hongkong Steel Foundry Co., Ltd, 'from.

the sum of ...

$10 per share upon........

above named Company.

on account of the

being a deposit of ̧ ..shares of $10 each of the

For the Chartered Bank of India, Australia and China.

Carding.

This receipt when ritamed to the applicant must be preserved, 'and if accompanied by receipt furkha atauint due on allotment,, will be szchange

fu dar care for a cortiľvate.

Hughes & Hough

AUCTIONEKES TO THE GOVERNMENT.

General Auctioneers '

Brokers and Commission

'Agents.

PROPRIETORS

GENERAL MAUDE'S

General Marshall's feree struck westward of skilfully concealed guze, and machine

DESPATCH...

to the Hai surprised the camay, and guns. In a series of counter-attacks the cleared both banks of the river up to, enemy was able to recapture his line, but Lieut-General" "Stanley Mande's the Hai bridge-head which was strongly a pailant charge across the open by the By the 18th, Lieut-General Royal Warwicks restored the situation. despatch dealing with the operations carried out against Kut and Baghdad by Marshall bad fought his way forward the 20th the amault of two Punjabi the Mesopotamian Expeditionary Force until we had won command of the river battalions was a complete succees, und upstream of the Khadairi Becd. Thein stubborn fighting cur, hold on both has just been issued.

held

It deals "with" the work done between | Operation gave us direct control of the banks of the river was increased. Our Share, Coal and General Produce August 20th, 1916, to March 21st, 1917: Hai, and enabled" us to threaten the cavalry attempted to strike against the period of seven months, of which the remy's communications west of Shám-enemy's rear via Bedrah and Sersan, but first three and a half weren devoted to

Fan, while it safeguarded our own com

the waterlogged, ground held them up, On February 1st the Cheshires led an preparation..

mmunications and opened out prosperous

attack which gave us further ground, and districts for our own supply.

on the Bed, the Devons and Gurkha Battalions carried two lines of works and held them in spite of counter-attack and artillery fire. That evening the enemy began to retire, and by the morning of the 5th had fallen back to the Liquorice factory and a line East and West across the Dahra Bend.

ад ContTM Storage.

Crder moed Bentley's

... 4th & 5th Editions. A1 Telegraphic Code:

Telegraphic Address "LIZIN HONGKONG.

Upon assuming Command. General Maude gibtinum; the work of reorganisa. The enemy still clung to his positions tion begin by his predecese deal on the right of the Tigris in the Khadair General Sir Percy Lake. The health and Bend. Flere be menceed our communica- thining of the troops who had suffered tions on the Ilai, and he also bad it in severely from the infanse summer hear his power to inundate portions of our was improved. Means of communication line. The euciny held a strong line in by rail road and river over a country flut, are country, difficult for attack. dificult at hay time shif made difseult Lieut. Geneal Cobbe spent the faw by hoth Hoods and droughts were per. between, January 5th and 19th, clearing

The preliminary fected; and the lines of communications the "Bend. theparivés

against attack involved digging some 20,000-yards of Reinforcements were accumulated, re- treneb"under trying condition constant were developed, and reserves of rain and exposure to enemy fire, but it HE Undersigned have received in-

was duly carried out. On the oth the structions to sell by Public Auction,upplies, ammunition and stores were

Gurkhas and Mahrattas had fought their (FOR LOCOUNT OF THE 'CONCERNED),

PUBLIC AUCTION

...

SATURDAY,

Hourdes

amassed'.

retirand

By the beginning of December, 1916,

agulase th

mävement was begun

enemy

singe

The Liquorice. Factory was dealt with by howitzer tre, and on the 9th the King's Own effected a valuable lodgment in the centre of the enemy's line which abled us to extend rapidly on both fanks, by the night of the 10th/11th it became known that the enemy had given

way to the river bend on the left after his forward positions and had retired severe hand-to-hand fighting. UD tho

to an inner line across the Dahra Bend. On the 15th the final battle for the post the 20th September, 1917, at 10.304bout Kut. The Turks stil occupied the right ur trop made steady progression was opened by the Loyal North

at their Sales Booms, No. 8,

and heary counter-attack got forward, Lancashires, and after some dashing same positions on the Tigris front, which under cover of a mirt was broken, by the fighting by the Royal Welsh Fusiliers, the he had occupied during the summer. On resuinte ensistance of the Minnchesters, a South Wales Borderers, the Buffs and the loft bank they hold the hitherto Lontier Ritle Begiment and a detachment the Dogras, the cuciny was pushed, bodily niconquerable-Sanpulyat position which they had strengthened and elaborated

Des Vonx Boad, Corner of Ice. House Street, ⠀

A LANGE CONSIGNMENT OF BRUGS, CHEMICALS,

DISINFECTANTS, ANTISEPTICS,

Consisting of:

મ

(

a result of the day's operations, our troops. had. by their unconquerable valour and letermination, forced a passage, serosy a river in thood, 316 yards wide, in face position 2,000 yards in depth, covering the bridge head. While this crowding wave, proceeding Lieut-General Cobbe had secured the third and fourth lines of Sanpaiyet, and was working his way with bombs deep into the maze of trenches. On the 24th the fight was resumed, the enemy fighting tonsciously, but the end Wax certain. General Cobbe carried the Sanguiyat position and the berny was now in eomplete retirement,

„of strong opposition, and had weured a

Lieut. General Mamhall took up the

pursuit of the enemy, with dash, broke the enemy 8 miles from Shustrun and followed vigorously. On the 26th the retreat was rapid, with the cavalry and infantry following on either bank, and the streama in hot pursuit. Much booty and Hiver crait of the Royal Nary pushing up many enemy vessels, including those captured from us, fell into our hands. The pursuit was broker off at Aziziyeh 50 miles from Kut and half way to Baghdad, and a pause for re-organi tion was made while Lient.-General Cobbe's force closed to the point. On the 5th, movement began again. "and" so advance made to Lajj. Here the Turkist rear-guard was found well entrenched, it was attacked and defeated, and retired during the night.

On the 7th we were in touch with the enemy's line on the Dlalah, a river joining the Tigris 8 miles below Baghdad. On the 8th a crossing was attempted in the face of a withering fire, and as this. manure was felt to be impracticable, a force under Lieut-General Marshall was

of Sikh piqueery, Lieut. General Mar- about a mile of works. Two companies enemy position with guns from the right to the Tigris, and by night only held fortied across the Tigris to enfiade the

enemy.

Who will den

Lavene mr and, feel

Lay the pennspree Franta in ever t colibẻ tựk in mire how↑

Per us do ir dėl

JOHNNIE WALKER RAVISO Label" dyrare s JOHNNIE WALKER SRG Lab 1, mye iran irla JOHNNIE WALKER Black Kalel”, 12 years vidi, Guaranteed some quality throughout the world.

Agents General, CALDBECK MACGREGOR & CO

JOHN WALKER & FOXS., 17a,, scoren WjuNKEY, CHATILLIS, KILMARNOCK, „SCILARI,

Chat

to with

whli's cavalry wem of the Hai carried of a Gurkha battalion, seting on their own bank of the river. During the night of of the inhabitants. The gunboat fotilla the retreating Turks and Sharabi Was AND LOSPITAL SUNDRIES,Kut was protected on the right bank by us sucesful, diversions, and ti ough they Saitiative, took these trenches and on fly the 8th/0th further attempts were made proceeding up stream in line ahead forma nenupied on March 23rd. The enemy QUININE in bulk and tabloid form, of the river 3 miles to the North West their way into Hai Town and occupied

a system of trenchow running frais point- were hampered by the niat they forced 10th, the Lahira Bend was clear of the to ferry the river. Only ous succeeded. tion and anchored cf the British Restendeavoured to bar our progress but dur- Balaam Fero, Oleum Ricini, Oleum'

and landed a party of 70 of the Loyal deney, and the two forces under Liesting the night of 24th/20th and the day Olive, Styrkt liq. Ung. Acid Boric, and circling beneath it screw the Khadari for several days. By the 17th our Kut now ease. Lieu..-General Cobbe For the ext 22 hours, until the pasange for the security of the approaches to the hills of the devel Hucaly

The Bical action for the capture of North Lansanbire on the further bank. Generals Marshall and Cobbe provided following we forced our way Ung Hydring Ciner, Ung. Zinci, Iorio end until cut by, the river Hal, two troops were pressing the enemy hard, who had kept the chemy, constantly on of the river was completely forced, the City. An Immense booty which the best him though we were Sorin Formaldehyde, Lanolin, Arid miles below the exit from, the Tigris, Carbol For, Liq. Alumni. Açet, Tinct

Inth his position had become the alert at Sannalyst began a thresten detachment field on gallantly in its neinyad been unable to destroy a draw because of the diffe This system was continued to the Myrrh, Tinct Opium, Gelatin Capsules,

North

so difficult that he voluntarily retired tack on the 22nd. He captured isolated position, under constant else are taken, eluding all the gas (rendered country On the 28uls t Chloroform, Aether, Spt Camphor, and West. The position gave the attack-a

some of the works before him, and was from the zording balldings, treehouselem by General Pownsend) taken by a few gross of Medicine Bottles, &c, de good chance of sucre, and it was decided tions the fighting had been severe, mainly which the Sesforths brilliantly resisted, and a portion of General Cobbe's force Alter the fall of Taghdad pretentions

acrom the Tigris. During these opers at once subjected to heavy counter-attacks and gardens. On the 8th the cavalry the enemy at Kut..

A number of Tubes of: Hypodermic the enemy trenches on the right of the of bis tendelty, had more than met his were being made against the river, Khan and well served by teroplane scants, Britind · Army, A brilliant operation the Turkish forces belore

score posession of the fiai, clear all hand to hand, hit the enemy, in spit On the night of the 22nd/28ed feints crossed the Tigris, worked up to Shawe wury ende to secure the safety of the Injections of Morphin, Cocaine, &c, &,] Tigris, while, at the same time so äpplt match in the dash and resolution of opposite hot-and. opposite the Liquorice pushed on towards Baghdad... Dn. the carried out force upward on the railway Both these columns)

and about 200 Tubes of Salvarsan,

“Also,

Several cases of medicated Cotton Wool, Bandages, Todoform Gauze, &c,

B.Several lines of the above Imgs are now practically unobtainable wing to the War?

I E Loved

mywam

On view from Friday the 28th inat.

HOUGH

Hergkoni, Sept

and by

the

ses to work before flay break on the

The Norfolios effectd forced the Dialah awo

converging movement

of the Tigris from Bhalt from Deli Abbar and alo apparently to endist

beaten back...

The report, je brought statement that the

not mi pruouers, taken in

Impt review was

hu strength by constant Balls at troops.

Factory and the Turks, were misled into morning of the 10th our cavalry fought line to the Mushardie Station, which the thinking bridging operations ware bo take their way to point 2 miles West of Black Watch and the Gurkhas nished Fannslyab that he must either give up that position or so weaken his line that

While fighting was in progress place at the point the palat chosen Baghdad railway station, and in 'n blind on the night of March 14th The enemy

was actually at the South end of the ing dust storm followed the Decauville Bight was so Japid that Crossing of the Tigris might be daily dent. General Marshall began his P Shumran Land West af Ku Thred railway, up! accomplished further west.

the on the left bank obtained again. By the 18th

Marshall had was extended North East The first movement was successfully

early on of Baqubah on she accomp Jihad eti December Bike/Leufk

voted thisans: nvid Gaveral Cobbé distracted the attention

e mamy by bom rdosent Sannsyeliner

of the 13th 14th; the c

parations for the reduction of the Ba alient and

ferti

-held

the

wedyd met with

Shed;

Por

anheerider will be rekaman without in berart