BRITISII GLASS ISI)USTRII?S, LTn.-At tho first ordinary. gcncrnl meeting, held on Deccmbcr 8, thc chnirninn, BIr. C. I'. Bliliic, stntcd tlint tllo company (which is lnrgcly n holding one) hnd been cnrning profits a t tlrc rnto of over 2600,000 per nnnriin during tfic pnst nine montfis, ii~t\ritlistniidii~g that ~nucll of tllc.cnpitnl crpcnditurc had not yct become rcniuncrntlvc. The Cnnllitig Town factory l i d two furii:iccs in opcrntion, nntl tlircc niorc ready to bcgin work. At Chnrlton, two oircns riinchincs had bccn working sirice Scptcinbcr, two morc would be rcndg this inontli, nntl n rurtlicr four i n thrcc months' titnc. Thc two iactorics 11:id alrcndy turnctl out I t inillion bottles. I n spitc of wry strcnuous forcign conipctition, ordcrs llnd bccn booked far nlicnd, and the undertaking W:IS a t prcscnt nblc to bold its own. Thc position of tlic chcmicnl, opticnl, nnd illiiniinnting brnnchcs of Wcbb's Crgstnl Glass Go., Ltd., wns lcss fortunntc, and thc iookcd to the Governinciit to csiend tlic Itcip w~ricE lrnd bceii prornisccl. It wns proposed to issuo n t Inter date n fnrtlicr f325,000 of cnpitiil to pay off lmik lonns arid t o increase the earning power of capital nlrcady issued (cf. J . , 1920, 225 JI).
-DILITISII CELLULOSE As11 CIIEMICAI, nr,\sUI>,ic-TUIIISC Co., L~~.-Adclressing tlic sccond annunl ,qcncr:tl mccting, OJI 1)cccinbcr 0, Sir 11:irry JIcGoann, cl~nirinnn of. tlic compnny, csplnincd t h t work lind bcen cnrricd on n t n loss 11 to Junc 30 last, ant1 that tlic ~n r g c issuc of cnpitn! tnnt~o in thc spring did not I~ccoino nvnilnblc u n t i l nftcr tho close of tlic fin:iricinl gcnr (cf. *J., 1920 423 it). The ciinngc over from dopa to nrtificinl dik mnnufncture lind ncccssnrily involrud n pcriod of working without profits. Strikes lind c a ~s e d serious dcI:iys, but progress wns now bcttcr, nntl tlic cqiiipmcnt for xodticing 0 toils of silk pcr dny sl~ould be complctc b 9 thc cntl of hI:irch ; cllcmicnl and mcchanicnl diflicultics \rcrc beiiig overconic. Artificial silk wns to 1x2 cotisidcrecl the main product of tlio untlcrtaking, nnd otlier nctiviLiw would Lo rcstri?\cd until this mnnuf:icturc Iind bccn cstnblisllcd. 1lrc ihsiilntiiig propcrty of tho silk wns scrcrnl tinics that of tho tinturd fibrc its clnsticity is.cqun1 to