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(4) It must clearly be understood, that the manufactured steelhas been

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obtained by a separate process, which means a great loss of heat viz. electrical power.

By a continual process the mentioned 0.194 year horsepower equal to 1028 Kilowatthours should be far too much.

The representative and attorney of the Limited Liability Company „Exploratie en Exploitatie Maatschappij Banjoemas-Preanger".

JOHN. J. LOKE.

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