Foster Water Pressure Regulator

Foster Water Pressure Regulator

The Foster Water Pressure Regulator, Class “U,” is one of the many mechanical appliances manufactured by the Foster Engineering Company, whose main office is in Newark, N. J. A large demand has been created during the past three or four years for their Class “U” Pressure Regulator, and they report having taken orders for large numbers of this type, several hundred being used in connection with the construction of the Panama Canal. A very large contractor has adopted this device as a standard, ordering frequently in large quantities at a time. The output of the Foster Engineering Company embraces a wide and comprehensive line of high and low pressure regulators, pump governors, emergency and automatic non-return stop valves, fan engine regulators, free exhaust and back pressure valves and kindred specialties, over 50 different types. The company’s products have an established reputation for efficiency and reliability of service under severe and trying tests and conditions. With a view of affording its patrons and customers a wide and effective trade in commercial service, branch offices have been maintained for several years in Chicago, Pittsburgh, Philadelphia and Boston, under the management of men of wide experience and ability in engineering lines. The company reports splendid business during the past few weeks, having taken orders for a large number of their specialties, not only from all sections of the United States, but for shipment to Switzerland, England, Cuba, Colombia and Chili, South America. Their 1914 General Catalogue has been in large demand, so that the first issue of 10,000 is nearly exhausted.

The Newchwang, China, Waterworks & Electric Light Company was organized a few years ago by various local Japanese and Chinese merchants. The company was capitalized at 2.000,000 gold yen ($996,000 U. S. currency), the capital being divided into shares of par value of 50 yen ($24.90) each. Originally only one-fifth of the shares was issued to Chinese applicants, but owing to opposition met with the Japanese promoters were compelled to offer half the shares to Chinese subscribers. At the time of the organization the company took over the local telephone exchange as well. The water supply is obtained from Tien Chuangtai. and even though the distance is some 20 miles up river, the strong tidal pressure at Newchwang has of late given the water a decided brackish taste. From a recent semi-annual report business conditions seem to warrant a good future, and that with a practical solution of the water problem whereby a continuous supply of good fresh water will be assured, the enterprise is certain to prove profitable. The waterworks is valued in U. S. currency at $514,500.

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