FlightGlobal.com
Home
Premium
Archive
Video
Images
Forum
Atlas
Blogs
Jobs
Shop
RSS
Email Newsletters
You are in:
Home
Aviation History
1918
1918 - 0702.PDF
JUNE 20, 1918. SIDE-WINDS. THE sports recently held by Messrs, Humber, Ltd., on theirrecreation ground at Coventry resulted in ^520 being added to the coffers of the Coventry and North Warwick Hospital—a result of which one and all may be proud. In this conhection a printer's error did great injustice to the efforts of those incharge of the " home-made" aeroplane, which actually raised /14, and not the £1 which the printer credited themwith last week. OPPORTUNITIES for securing bargains are few and farbetween now, so it behoves those who wish to replenish their wardrobes at a minimum of cost not to miss anything which isgoing. The annual summer sale of Messrs. Robinson and Cleaver, at their Linen Hall in Regent Street, commenceson Monday next, and among the items in men's wear which are marked down in price are some attractive lines in pyjamas,shirts (khaki and otherwise), underwear and hose. There are also one or two things such as trench coats and tunics whichshould specially appeal to those in the services. ON the 14th inst., Colonel Sir Charles C. Wakefield, Bart.,was installed Master of the Worshipful Company of Gardeners, and in the course of his speech, the popular ex-Lord Mayorof London stated that it would be his ambition during his tenure of office for becoming responsible for the founding andmaintenance of at least one colony of small holdings to be worked by ex-soldiers and ex-sailors. He would do all inhis power-to assist, and would esteem it an honour to be allowed to present a sufficient number of acres of suitableland to serve as a nucleus of such a colony. THE success of " Aircraft Supplies," the house organ of theAircraft Supplies Co., Ltd., has at last led to drastic steps being necessary to curtail the circulation owing to the restrictionson paper. Three times the mailing list has been combed out, and now it has been decided to restrict the circulation tothose who subscribe for a year, commencing from the issue dated July 30th. The next few issues will contain a sub-scription form and those who find the publication of use to them—and who does not 1—should make a point of filling inthe form and returning it to the Ascol House, 125, Long Acre, London, W.C. 2. COMPANY MATTERS. A. W. Gamage, Ltd.AT the annual meeting Mr. A. W. Gamage, chairman and governor, who presided, said that although the year wasa record one, they had now more than eclipsed it by a very long stride. The increase of business to date in the currentyear was almost as much as the increase during the whole of the year under review. The directors had considered manyprofit-sharing schemes, but had come to the conclusion that, for the time being, the matter should stand in abeyance.They proposed that the employees should participate in the prosperity of the business by means of a bonus. That wasthe 21st birthday of the company and the 40th anniversary of the business. On the motion of the chairman, seconded by Mr. J. Dunn,a resolution was passed to confirm the dividends on the preference shares paid in September, 1917, and January,1918, and to pay a dividend on the ordinary shares at the rate of 8 per cent, per annum, less tax.A resolution was moved by Mr. J. S. Parker, and unanimously carried, " That this meeting, being of opinion that Mr. A. W.Gamage has made extraordinary and successful exertions on behalf of the company during the year ended January 31st,1918, he is hereby voted for that year the clear additional remuneration of £1,000, and that such sum be paid to himaccordingly." Fellows Magneto Co., Ltd. AT the first annual general meeting, Mr. V. L. Fellows,who presided, said : " The past year has been one of unusual difficulty, due to war-time delays, the shortage of skilled labourand the general disorganisation of industry. The magneto output was commenced in April, 1917, it having been foundnecessary greatly to extend the factory, which was purchased in 1916. In view of the rapid development of the business,negotiations were now in progress with the authorities to enable them to again increase their present factory accom-modation." The directors recommended the payment of a final dividendof 5J per cent, on the preferred shares, making g% per cent, to December 31st, 1917, and a dividend of 15 per cent, onthe ordinary shares, leaving a balance to be carried forward of £1,181. The directors, although holding the greater pro-portion of the ordinary capital, consider it advisable to write down in a substantial manner the preliminary expenses and the plant and machinery, rather than to distribute ahigher dividend in this the first year of the company's working,The paid-up capital of the company is £66,533. This, compared with the present size of the company's undertakings,was insufficient for requirements. The proposed new ex- tensions of the factory with the necessary machinery, areestimated to require a further sum of £40,000, to which had to be added the additional working capital and the moneysrequired for the repayment of their Government loans. The small balance of present capital now available for issue hadbeen offered to the shareholders and had been over-applied for, but they would also welcome applications from membersof the public who might wish to take an interest in the company. Provision would also be/nade to reserve for suchapplicants a participation in their forthcoming issue. All enquiries in connection with these matters should be addressedto 2i, St. James's Street, London, S.W. 1. The motion was then adopted, the dividends recommendedwere declared, and the retiring director, Mr. Stanley Fellows, was re-elected.NEW COMPANY REGISTERED. BRITISH ENGINEERING CO. (LONDON), LTD.—Capital £2,000, in 1,900 10 per cent, ordinary shares of £1 each, and 2,000 deferred shares of is. each. Metal founders,mechanical, aero, civil, &c, engineers, aeroplane and part manufacturers, motor engine and body builders, &c. Firstdirectors :—R. Gill and S. B. Saunders. ft ft ft ftIMPORTS AND EXPORTS, 1917-1918. AEROPLANES, airships, balloons, and parts thereof (not shownseparately before 1910). For 1910 and 1911 figures see " FLIGHT"for January 25th, 1912; for 1912 and 1913, see "FLIGHT" forJanuary 17th, 1914; for 1914, see "FLIGHT" for January 15th,1915; for 1915, see "FLIGHT" for January 13th, 1916; for1916, see "FLIGHT" for January nth, 1917; and for 1917, see "FLIGHT" for January 24th, 1918. Imports. January.. February March ... April ... May 1917. £ 10,8429.479 11,158 21,141 6,877 1918.£ 49,402 5!»94i 47.930 33.342942,866 Exports. Re-Exportatton. 1917- 67.03326,512 S8.SI721,151 59.713 1918. £24,765 13.545 11.45110,815 67,224 1917. £ 6 —— — 1918. £— —1,000 — — 1,00059,497 1,125,481 232,926 127,800 m m m m Aeronautical Patents Published.Applied for in 1917. The numbers in brackets are those under which the Specifications will beprinted and abridged, &c. Published June 20th, 1918.5,605. J. J. KERR and J. RICHARDSON. Machine for manufacture of propellers for aircraft. (115,869.)io,747- H. PHILLIPS. Aerofoils. (115,968.) ft ft ft ft NOTICE TO ADVERTISERS. IN order that ••FLIGHT" may continue to be pub- lished at the usual time, it is now necessary to close for Press earlier. All Advertisement Copy and Blocks must be delivered at the Offices of "FLIGHT," 36, Great Queen Street, Kingsway, W.C. 2, not later than 12 o'clock on Saturday in each week for the following week's issue.If you require anything pertaining to aviation, study "FLIGHT'S" Buyers' Guide and Trade Directory, which appears in our advertisement pages each week (see pages 111, liii, and liv). FLIGHT and The Atrcrmft Engineer.36, GREAT QUEEN STREET, KINGSWAY, W.C. *. Telegraphic address: Truditur, Westcent, London.Telephone: Gerrard 1828. SUBSCRIPTION RATES. " FLIGHT " will be forwarded, post free, at the following rates:— UNITED KINGDOM. I ABROAD. s, d. I s. d.3 Months, Port Free.. 71 3 Months, Post Free.. 83 6 ,, ,, .. 14 1 6 ,, ,, .. 16 6 12 „ ,. .. 2-* 2 12 „ ,. •• 33 o Cheques and Post Office Orders should be made payable to the Proprietors if " FLIGHT," 36, Great Queen Street, Kingsway, W.C. 2, and crossed London County and Westminster Bank, otherwise no responsibility will be accepted. 700
Sign up to
Flight Digital Magazine
Flight Print Magazine
Airline Business Magazine
E-newsletters
RSS
Events
