The Express.
London, England, 1863-07-31 00:00:00

Bavtag
P.T
Cent.

B)stem.

Makin&lngeoet
Orouting do.
Cattle" oo.
Hordeslas sad
making mar
able east

N
10,76
10.6

8A,114
1,110
11,113

•,549

£H 1..
6,664
14963

LKI 1., •
61 U •
e• 10 6

61 18 8

ImArrt

671 E 6
Leae. "61 7
the cod by
Mem,
againeed.st LlOO
lby h

•
t16,01Y7
Includes
:huger to re-
Ideeou Potent,
In fire yeses.'
lawillred plant,
.ln eight years!
" The coot of works and Vent to produes this quantity la
estimated at 1:3.700, and Includes an ampt • provision fur all
coating-mks likely to art.* under this Arad.
Thbd.—As to the quality of machine.madr

Willa sat In-I
eluded ; It is the

"The teeth are nut h'mathematical accuracy—a sarong,
deep. and sharp tooth being rutted with regulartty. of uni:ores
depth, and equidistant : sod le my opinion they can be produced
een uniformity in good Quality chic the .41 or • hand' syste n
cannot atts n. I.Xiginsers and others of the highest retpecta-
hilly have used them upon every description of m tal, and in
their letters speak confidently of their excellence and durability.
" I had gone Into this inquiry with somewhat of a prejudice
against and sutplcion of the whole as a system. hat I am hound
to say these preconceived notions have heen entirely removed,
and I am of opinion that if the scheme is carried out on the scale
indicated in the estimates, the elements of a sound commercial
success wou'al be developed, and a large amount of profit raped
compared with the outlay."
The promo era of the Company have reports and letters from
eminent Sheffield file manufsetneers. managers. and fl e cutter.,
bearing testimony to the efficiency of Iternes file ratting
machine. They have also lettere from mschinlsSe, engineers,
wig. tool makers, carriage sprint makers, smiths. and others—
practical merhanics—afilrming the superior quality of the files
cut by thitimarhims,

An undertaking of this description strongly recommends
Itself. It has woe of the risks consequent on lotreducinu a new
article, or one of unxrtaln demand, hot from the universal use
and bemusing coosnmptlon of Mee it presents marked advan-
tages for the employment of capital.
The profits will be large—Files costing £lOO to make by hand
labour, can, it is confidently believed, be prmlnced under these
patents for tn, and o better Quality; and as lis per cent of all
files made roust be the pro act of hand labour Inc some time to
come. sellinge• s win be stmtained circumstances highly
favourable to this Comenny. and *Rawlings fair guarantee as to
glfitLamle, will ultimately be granted for the use of Use
a.pany's patents, sad will become an Important source of
1111CONIO.

A provisional enchisct has betn made with the pmprieter.
Mr. Allinson, for the purchase of these yintents upon favourable
terms. Ile is to receive CX 000 in anti upon the execntfan of the
transfer:and no further payment into he made until the Company
has reiscrl a net profit of 10 per cent. norm the paid-up calittaL
Upon such points being an realised trawusl payments are to. he
made to Mr. A 111116041 during the continuance of the patent Hat Xi,
according to the following scale. els :—.ran 1 ing ns the net prorate.
a'ter the format! n of a depreciation fund upon a ,peddled Nheal
basis. sh dt lie not I ss than ten per rent. upon the raid-up
capital. Mr Allinson to recehe tt per cent. on such apital. ►or
every L 5 per ant. net profit realised by the Company over and
shots ths 10 per mak. Mr. Allinson to moth,. an a•'ditional half
per cent. Tbe Company to be at liberty to redeem these annual
payments at any Ume by paying to Mr Allinson such a sum as. with
the sums then paid to him according to the foregoing scale, will
amount to 17.000. Tr ts pmposed to appoint Mr. Al lows the
general manager. These arrengements. whltst they afford the
bent evidence of his confidence in the undertaking. will, it is
believed, greatly conduce to its fell de, eloquent and success.
The Bret wrra ka will he erected in Birmingham. which town
el. =all the 'quietists for economy of rnanufartore—chmtp
erla's. and artisans unequalled in mcchsnlcal and ma-
nipulative skill.
Numerous buyers and consumers of files have emiessed a de-
sfre to become shareholders in 'hi, undertaking. and thus obtain
the rosnnfacturera profit In addition to their ow". The success
of the Company will be favourably influenced by lids class of

—This undertaking has the goodwill of engineer' and 'machinists:
they anticipate by its agency that a treat manufacture wilt
become tree to Introduce machinery upon an extensive male, to
the pint advantage both of roamers and men.
The provhional committee will proceed to allotment so soon
as kin shares an applied for.
A copy of the ankles of easociation lies for the inspection of
applicants for shares at the Sollcithre offices.
Provenzano end farms of application for etre' may he had
at the office* of the Oiehlihni Y 7, bloorgste-street, London, and