£50 - £60
Great Britain: Westphalite Syndicate Ltd., a pair of certificates for £2 shares, ordinary shares and preference shares, both 189[5], #22 on white paper and #28 on blue paper respectively. Together with bankers receipt. Westphalite was a popular mining explosive, based on ammonium nitrate, produced in Germany. This company was to acquire the rights for Great Britain and the colonies for its manufacture. VF (2).
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