The Sun.
London, England, 1863-07-02 00:00:00

TIANI',ERB.

The English and Irish f;ni(littited), 25, Poultry, E.C.
SOLICITOR.
Charles Parke, Esq , 37, Moorgate-street, E.C.

AUDITOR.
Mr. S. T. Cooper, Public Accountant, 10, Basinghall-
street, E.C.
SECRETARY—Mr. C. H. Baker.
MANAGER OF WORKS—Mr. James Lane.
Temporary Works—Arthur-terrace, Holloway.
Offices -No. 1, Sun-court, Cornhill.

This Company is formed for the purpose of manufacturing
Cocoa-Nut F.bre Mats and Matting: under Letters Patent
granted to George Davies. dated the Matting,
April. 1862.
The principal feature of Davies's Invention consists in the
improved pile ot the mat, and, owing to the mode of weaving,
great durability is given to the fabric at a reduced cost of
manufacture.
The superiority of articles manufactured by this process
over the present method will be well understood in the trade
when it is stated that matting of all descriptions, and car-
riage and door mats, &c., have a thick fibrous pile upon the
surface hitherto unattained.
The continually extendir g demand for articles made of Cocoa
fibre will be greatly stimulated by the introduction of the
patent process into the manufacture. The harshness hitherto
complained of in mattin,g'made of this material in the ordi-
nary mettle(' will no longer rema,n a source of complaint, the
patent process rendering the material and articles made of it
not only more durable, but much softer.
The Patent at the present time is being worked profitably
to a limited extent..
The proposed Capital will be ample for the payment of the
purchase-money for the patent, for looms and other plant,
and for working the business on a large scale.
The calculations made warrant the probability that the
profits will exceed 25 per cent., and as the manufactory re-
quired is of a simple and inexpensive character, the works
will be in operation, and profits will be realised, within three
months after allotment ot shares.
The following is an Estimate of Profits to be realised:—
£
s. d.
60 Looms, producing :101t. Mats per day, at 2d.
per foot profit (when sold at the lowest mar-
ket price). equal to .6110 s. per week per loom;
atter allowing for stoppages, &c., say £.l per
week per loom, equal to per annum .. .. 3,120 0 0
20 Looms on Matting and Fancy Work at a profit -
of its. per loom per week, equal to per annum 820 0 0

£3,040 0 0

Rent, Taxes, Gas, and Firing for lfanufactur-

ing. • • • • •
Wages and Management ..
3 'Horses' keep •• • • • •
E Kpenseg of Offices and Staff
Wear and Tear a count
.Reserve account • • ..

.. 180 0 0
.. 624 0 0
.. 150 0 0
.. 300 0 0

.. £2OO 0 0

200 0 0

400 0 0

Balance of Profit on Capital of £5,000, nearly ---
equal to 10 per cent. per annum .. 1,986 0 0

£3,040 0 0
If no allotment be made, the deposit will be returned in
Lull.

Specimens of the new and improved manufacture may be
seen at the offices of the Company, where applications for
prospectuses aid shares may be made.

FORM OF APPLICATION FOR SHARES.

To the Directors of the London Cocoa-Nut Fibre Company

(Limited).
No. 1, Sun-court, Cornhill, E.C.
Gentlemen,—Having paid to your Bankers the sum of ,
being the denosit of ss. per share on shares in the London
Cocoa-Nut Fibre Company (Limited). I request that you will
allot me that Lumber; and I accept such shares, or any less
number. And I further request that my Dame may be placed
on th register of shareh,lders for such shares so allotted.
And I further agree to sign the Articles of Association whoa
called upon so to do.
I am, Gentlemen, your most obedient Servant,

. - 1N ame
Address
Profession or Business
Date
RECEIPT FOR DEPOSIT.

Elfceived, this day of . 1863, from ,
the sum of pounds shillings, being a deposit of ss.
per share on shares in the London Cocoa-Nut Ebre
Company (Limited).

For.

if inconvenient to make the deposit with the Bankers, the
entlre form may be sent to the Company's offices, by post,
accompanied by a Cheque crossed, or by Post-office Order,
payable to the Secretary.

THE CONTINENTAL GAS AND WATER
COMPANY (Limited).
ABRIDGED PROSPECTUS.
Capital £lOO,OOO, in 10,000 shares of £lO each.
First issue £50,000. in 5,000 shares.
Deposit, 10s. per share on application, and 10s. on allotment.
No future call to exceed £2 per share, at intervals of not
less than three months,
Interest at the rate of 6 per cent. per annum to be allowed
for the first twelve months, during the construction of the
new works.