Sept. 20, teso CHEMISTRY AND INDUSTRY 80U

plant. filcssrs. Wcst’s hnvc donc mncli to fmthcr thc tecliniquc of cnrbonisntion, and they linvc now procluccd n vuluablc book of rcfcrcnce on vcrticnl retort prncticc. It is cxccllcntly printctl and wcll illustratcil by gruplis nntl figures, while tlic photographic rcproductions of

BEARISC METALS AND BEAI~ISGS. 13y I!’. 31. GORSE. Anrcricnn Clicmical Society Monogrnph Series. Pp. 383. New Pork : Cheniicnl Ciitnlog Co., 1930. $7.

The titlc of this book is pcrlinps somewlint misleading, ns i t is not n trcntisc on tlie siibjcct, bnt consists of 38 pqys of historiciil introduction, 106 pngcs of clnssificd bibliography, and 207 p t g w of nbstructs of tlic niore important pnblicntions.

It will, hoivcvcr, be \vclconic nnd most iiscfiil to n l l who wish to niobilisc information on this iiiiportnnt rnngc of rilloys niicl their mnnifold npplicntions, for the publi- cations arc very scnttcrcd nnd fow gcncrnl pnpcrs or books on tlie snbjcct arc a\.niliiblc. The niitlior lins donc his work wcll rind conscientiously, nnt l nltlioiigli onc could eiisily point out n nniiiLcr of important publicntions on thc siibjcct wliich have 1)ccn ovcrlookctl, the pcr- miinciit grouping togctlicr of tliosc wliicli hnvc bccn garnered by n wide survey is ii work of greilt value. The tnslc of preparing and ctliting tlic bihliograpl~y has been cnrrictl out in a skilful mnniicr, as was to lie cspccteil from this ~vcll-known itmcric:in nictallurgist ; the be:iriiig metals, Ilcarings tlicmsclves, nnd tlic cogun to subjccts of friction ni id lulxicntion forin tlic niniii divisions, with npproprintc sill-scctioiis, so that reference is grcatly fiicilitntcd. T,\SCIIESBUCII IW DIE: BARIH.:S- USII r , , \CI<ISi)usrIm

SOWIE Fun TIES I ~ S C I I L ~ G I G E N XIAWFS,. Edited by Drs. II. WOLFF nncl W. SCIIIJCK niid Prof. 11. WACXER. Sixth cdition. 1’1). 400. Stiittg:irt : ~~‘isscnscliiiftliclic Vcrlngsgcscllsclirift, 1930. 12.50 in.

The present edition, like its prcdcccssors, is n Iiiiir\d- and it model-of condensation. Requiring no outsize in pockcts for comfortiiblc carriage, i t contains 400 piigcs of exccllciit pnpcr, printed in tlic clcarest typc, with ivcll selcctcd mntter. The book is n compcntlium of infornirition on nll that conccrns thc colour illid vnrnish industrics ; i t Lcgins \vitli dcscriptions of pigincnt colours nnd Iiikcs from coal-tar colours, tlicir propcrtics and reactions, rind tlic nictliods of idcutificiltioli lint1 iinnlysis. Snbsequcnt sections dciil with tlic oils iiscd in vnriiislics, resins, Iiiiding miitcriiils, driers, iind solvents. New fcntiircs of this cdition nrc it chnptcr on tlic arti- ficial resins by Dr. J. Sclicilicr nnil i i grcntly cxtended trcntrncnt of nitroccllulosc Incqiiers. Tlic authors hnve wiscly dccidcd tha t the limited spncc nvnilnblc for description of thcsc prodncts shnll bc occupicd not by empiricnl rccipcs, but by notes on the influence of the individual constituents on the propertics of the Incqueru.

The work concludes witb useful tiiblcs nnd ii biblio- grnphy of technical literatiire.

plant nrc very good. 1iRTliUR AIARSDEX

REOINALD BROWN

COMPANY NEWS CALICO PRINTERS’ ASSOCIATION

l‘he annuid nieeting WILH held on Scptcnibcr 17, whcn ti motion to rcducc tho dircctors’ fecs from f 12,000 to f6OOO ~ n s tlcfentccl, Thc Chairmiin said t h t wlien i t

was rceliscd tha t the powcr of Lnncnshirc to compctc with the Fnr East wns so scrioiisly clinllcngcd the necessity for conscrving rcsoiirccx bccntnc obvious. With this object tlicy had rcluctnntly dccidcd to closc do~vn tcmpornrily sonic plant, nnd to conccntrntc production in smallcr nnnihcr of i d s . Il’licy wcrc nnablc to hold tlicir trndc bccniisc tlicir costs wcrc too Jiigli, one of thc m i i n rcnsoiis for this being thnt cvery- o w , wlictlicr iii n snlaricd or a wcckly wngc position, ivas obtaining morc for scrviccs in cnsli vnluc tl inn the count,iy could afford to pay. If all would ngrcc to n lo‘:(, rcdnctioii i n tlic inoncy viilnc of tlicir scrviccs they woirld probably i n R sliort tirile be iiiiich bcttcr off t l i i i n tlicy tvcrc now. Thc profits for tlic ycnr to Jiinc 30 last nniountcd to f208,532, coniparcd with f279,762, nftcr providing f501,607 (iigniiist 1407,409) for ninintcnnncc, tlcprecintioii, rcpnirs, rcncwols, niid up- keep. Dc:bentrire iiitcrcst absorbed f I25,oOO and dircc- tors’ fecs f12,000, : i d tlie nct bnlriiicc was 169,186, ns ngninst E140,173. Wt.h thc triinsfcr of f50,000 from the rcscrvc for cqunlisntion of dividcnds nntl fG1,535 Imiight in, tlic niiioiiiit iivnilnblc ivns flS0,722. Aftcr Jnecting the ycnr’s dividcnct on tlic prcfcrcnce shnres, n bnlniicc of f29,917 wns cnrrictl forwnrd. In vicw of tlic csisting trntlc conditions, tlic tlircctors wcrc nnnblc to rccoinnicnd piiynicnt of ti &vidcntl on tlic ordinary shares.

COMBINED PULP AND PAPER MILLS Tlic rcviscd nccoi1nt.s for thc year cntlcd Scptcnibcr 30,

1929, prcpnrctl by tlic nciv bonrd wliicli was nppointcd a t thc last n n n u n l meeting, xliow, instead of a credit bii1:ince of f 124,S(iG on profit nntl loss nccoent, n dcficit of f-I23,O9B, i n ndtlition to f92,400 pic1 ns tlivitlentls. ‘rile tliIfcrcncc iiriscs lnrgcly froin ccrtriin big itcnis prcviously crctlitctl iis profits bcing written biick, whilst iiiiiounts rescrvctl for I ~ n t l debts, tlcprcciritioii of invest; niciits, ctc. ~iccoiintctl for f324,977. Thc ndjnst.ctl profit ruid loss :mounts show ii nct tlcficit of f3873 for the pcriotl to Scptcnibcr 30, 1925, nnd a loss of f9290 for tlic succccding 12 rnontlis, iiicrciisctl to E419,Sl9 by the nborc-mcntioncd nnioiiiits writ tc~i bnck, ctc. Inclutling paymcnts totiilling €92,400 nindc to sliurc- Iioldcrs i n respcct of dividends tlcclnrcd, the totnl tlcficit nmounts to E516,OM. In thcir rcport the ncw directors cnipliosisc t h n t no mcmbcr of tlic prescnt bonrd is i n niiy wiy rcsponsiblo for tlic prcscnt position. Sincc tlicir itppoiiitnicnt they hnvc bccii cngngcd iu snving tlic conipnny from ininicdintc colliipsc, in cudcavouring to obtiiiri outsitlc linnncinl nssist:iiicc, i n conducting ii scnrcliing inquiry into tlic conipniiy’s affairs, and in procuring n rclinblc rcport iind valuntion of tlic niills belonging to thc various Gcrninn conccrns in which the compnny is intcrestcrl. Tlic holdings of tlic company iirc plcdgcd to sccnrc thc pcrforinnncc of its obligations in coiincsion with i i i i iigrccmcnt Tor tlic purclin~~c of ccrtnin slinrca i n two Silcsirin compnnics. ‘J’lic nmount rcquircd to cniiblc tlic conipnny to complctc tlic piirclinsc of tlic Silcsinn sliiircs is npprosimntcly 1210,000, nntl iuilcss this sum is p i c 1 in the ncnr fut.urc tlic conipny is in gravc dangcr of losing all its rights i i ~ i t l intcrcsts i n tlicsc shares. To rclcnsc thcsc holdings and to sccurc funds for otlicr purposes a t Iciist E s W , ~ must be miscd by shiircliolticrs. A inectiiig \rill bc huld n t 11.

liitcr dntc to conrJiclcr tlic ninttcr.