20th Aug. Ir is hardly the province of @ news= organ or a society journal, whose readers are supposed to trust to its advice in the manipulation of their investments, to dilate on the claims to public support of an industrial company; and it must be understood that in the remarks we propose to make on the inchoate Shang-jai Chromo and Photo-Lithographic Company, Limited, we are offering no opinion whatever on the prospects of the ente: as a dividend-paying concern. That a matter which those who propose to become members of the company must judge for themselves. In fact, as a rule, advice as to taking shares or not in a public company is seldom of much value, hose who are conscious of the responsibility they incur by giving such advice generally prefer not to do it; and the advice of those who are not so conscious, or who know but do not care, is not of very great value. Weare not, therefore, advising any one to apply for, or to abstain for applying for, shares in the company just put before the public but may fairly try to explain a little more fully than' its prospectus does what it proposes to do, and the public advantage it is that there should be such an industry in the place.
Some misapprehension seems to have arisen as to the business which the
Text read from the printed page and cleaned; old type leaves the occasional error.