1917-09-01 — Page 9

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THE HONGKONG TELEGRAPH, SATURDAY, SEPTEMBED A

A PATRIOTIC CALL.

1, 1917.

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.

This desired and a resolution for that purpose bas bero passed,

ta increase the Capital of the Company to $1,000,000 by the iue of new shares, for the purpose of extending the busine which is firmly believed will, if so extended, not only prove exceedingly profitable to all interested in the Company, but will also supply a want to local concern:

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 thade 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 trant a steady Twenty per cent.

Steel Castings are needed for numerous purposes by all Railway tractors. Engineering and Dock Companies, everywhere in China. by many small manufacturers. At present a large portion of the Steel products which this Company is able to manufacture is obtained

•from abroad-- át probably a great expense--in consequence of the very With limited capacity of this Company to carry out orders received.

an increased Capital, enabling more furnaces to be erected, and morn labour employed, this Company would then be in a position to supply most of, if not all, the needs for steel casings in this part of the world; for, with the experience now acquired by the General Managers, and by their present lead workmen, there should be no difficulty whatsoever in moal satisfactorily folfilling.such

wirements,

It is much desired that sufficient additional capital be subscribed, beyond that which is required for the further development of the Steel" Canting department, in order to enable,a plant to be obtained, and sol up, for the purpose of rolling Steel Ingots into material för Engineer. ing, Dock, and Building requirements; for which material there is now a great demand.

It is therefore trusted that many persous in the Colony 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, if desired by the Company, they are fully prepared to transfer the control to a Board of Directors, comprised of auch persons who are in a position to introduce bovinius.

the Company thinks advisable.

וי

REPORT AND STATEMENT OF ACCOUNTS FOR 1916-17.” “

Rapori preendieë in the Shaz Qulders at the Barenth Ordinary General Meeting held at the Office of the’Gieters). Managua, mm Waduanday, the 13th August, 1917, at 19.34 o'rtoch, B.85.

The Gwowal Managery kay now the pirmauts to walrust their manual report and statesment of the Company's socvants made up lo at May, 19

The net poßt st i ha paar wendt 31st May, 1917, after allowing for internet. Audior's Fees and writing off depreciation on Company's Piszi, Macheners, launches and brock, up $15,925.30. This giarsirk together with the sum af B17,86, snow rintal prußt bright forward from iget year make an available Gaianre of £37,556 33 which it a remifred in appropriate as follows: To plure to Reserye Fund R200,00. To pay s dividend of 11,910 per klines 87 304HC. To cares forward to credit of best gear's secnun! #21.5.3.

Dr.

BHARE CAPITAL,

·BALANCE SHEET AT 31st MAY, 1917.

Issued 7,808 slurra et Biṛt ench-

PROFIT AND 30ES ARTUUST.

Balance as per last wel Profil for

your

eta

だ

'ASSETS.

Machinery, Melting Furnaces, Foundry Plast Toule including Annesing and Preheating Chembaju and also all righte sa secret diversses ar ver last account Les sold, &c.

--

18.8.11

311.25

682655.82 6.220.21

€77.09.15

4,636 16

4,200.00

Cri

LIABILITIES.

Authoriand 10K),100 MİLATOK 41 $50 each v $1,000.0

78.000 160

MORTGAGE ACCOUNT..

1,000 co

"SUNDAY CREDITORA including General Managers'

ices Depremutat

$11.348.22

19,847 93

Addisona during the year

ATAKA

- 83,156 01

Value of 2 Laatırlada na per lass account Les Depreciatim ...

450.00

Los no

Office Furniture and Fixture tudine. valuable drawingjom na per žhet ni

110,0

Le Depreciation

tuck in tradi

$7.649.70

Lena Deprecation

F25.09

Work in Progres

26.553 6,000

Arrauste acesabla

7,429 34

143,502

143,2012

TOI

Coal at Bark and in hand 3 Col 367.203.

PROFIT AND LOSS ACCOUNT.

For the year ending Blat May, 1837.

}:

To Inter Account

Auditor's F.

By Balance Working Account

2,117

Temeiation on Macky, Pint. Burk, Writing vir old Machary

19.017

The minimum subwcription for the new shares now offered in the public, upon which the General Managers may procred to.. allotment, is $200,000.

-

MR. C. BERNARD BROWN of the firm of Messrs. LINSTEAD & Davis, Hongkong, is the Auditor of the Company,

A copy of this prospectus has been duly filed for registration

with the Registrar of the Companies.

Application for Shares should be made to the Company's Bankers, or the offee of the General Managers, where forms will be Jupplied.

GORDON & CO.,

General Managers,

Dated this 2nd day of August, 1917.

Prift in the lear

GORDON & Co..

firmers Managers,

I report that I have audited the above Balater Sheet with the woman and eyimlere of the Company and have found es to be ju accordance Datewith.

I have propita all the informative and explanauens't have requsend. No depreciation lian been written off Strel Procena Palest Highle which appear in the books at their original coat namely: $17,359 36. Muhimet, to the fringing olwerraton in my opinion such Halance Sheet roperly drawn up sa tu eslybia a trueund correct view of ton state of the Campras air cording to the best of my information and the explanations Risen me pad ne shown by the bucka of the Company.

47, BERNARD BROWN, ATA.. Hongkong, Ch Acquot, 1987)

Anditor,

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

To ki returned to the applicant.

To ba calóined by the Bankers,

Then foran shivuld be sent entire, with a cheque đạp the depons of £18 an auch share in the bankers of the C'egapang namely El

CHARTERED BANK OF INDIA, AVSTRALIA AND

CHINA.

HONGKONG STEEL FOUNDRY CO., LTD.

Form of application`tor Shares.

To the General Managers of

HONGKONG STEEL FOUNDRY COMPANY, LIMITED.

Gentlemen,

非

Having paid to the Company's bankers the sum of $

-being à deposit of $10 per sbare for

shares of $10 orch of the above named Company I far we) request you to allot to me (or us)

abares on the terms of the Company's Memorandum and Articles of Association and I for we agree to accept the same or any less auniber that you' thay allot to me (or as) and I (or we) authorise you to register me for us) as the bolder (a) of the said shares. ...

Name in full....

Addres

Description,

Date

Simature...

יד

Receipt for Application Money.

Received this

day of

oa Bocou 1

of the Hongkong Steel Foundry Co., Ltd., from

the sum of $

$10 per share upon

21

above named Company.

being a deposit of

whares of $10 each of the

For the Sharitzed Bank of India, Australia and China...

Casher,

N.B. · Tlos receipt when returned to the applicant must be preserved, and if senumpanied by repups for the amount due on alletinent, will be sachanged in disa orazmua for a certificatą.

PRIMO

AND OTHER FOODS.

There's food value in beer-as well as beverage enjoyment. A bottle of PRIMO may not be offered as a complete meal -but it has its place in the meal comparable to bread, milk or any other of the dishes or drinks that are part of the well-balanced lunch or dinner.

The alcohol in beer (a small percentage) has its tonic value and its use as an appetizer. The hops have a nerve- soothing välue. The malt not only has food value, but is, of all foods, one of the most quickly and easily turned by digestion into noürishment. By its very nature beer is especially thirst-satisfying.

Here are Two Little Charts

that show graphically and in figures comparisons between beer and other beverages and beer and other foods:

COMPARATIVE NUTRITIOUS

EXTRACT CONTENT ·

WHISKY

TABLE WINE

BEER

MILK

Average Composition of

Carbohydrates

Protein

Fat

-

Mineral Substances

Alcohol by weight

COMPARATIVE ALCOHOL CONTENT

Bread

Milk

Beer

Table, Wine

Whisky

52.0%

4.8%

5.0%

2.25%

none

7.0%

3.5%

*0.5%

none

none

0.40%

3.7%

none

none

none

1.0%

0.7%

0.2%

0.2%

Tione

none

none

3.75%

8.0%

40.0%

When you think of beer for your table, of course you'll settle on PRIMO, Sold By All Wine & Spirit Merchants, Hotels, & Clubs.