130 



THE INDIA RUBBER WORLD 



[January i, 1907. 



= Members of the New Ivngland Rut)ber Club should keep 

 Februarj- 13 in mind, on which date a notable dinner is to 

 be held at the Algonquin Club, Boston. 



= Mr. James M. Galloway, for some years manager of 

 transportation for the United States Rubber Co., has severed 

 his connection with that company and gone into the bond 

 business in New York. 



= Mr. C. B. Raymond, of The B. F. Goodrich Co., by the 

 time this number is in the hands of the readers, will have 

 returned from a brief vacation trip to Bermuda, West Indies. 

 = And still they come — (calendars and holidaj' souvenirs) 

 — a beauty from the Arkay Rubber Co. (New York), 

 THE RUBBER INDUSTRY IN CANADA. 

 The Canadian Consolidated Rubber Co., Limited, incor- 

 porated in July last, have perfected the details for the control 

 of The Canadian Rubber Co. of Montreal, Limited; The 



Gran by Rubber Co., of 

 Granby, Quebec ; and 

 the ;\Iaple Leaf Rubber 

 Co., of Port Dalhousie, 

 Ontario. The capital of 

 the holding companj- 

 is stated at $5,000,000, 

 and an issue of $2,600, - 

 000 6 per cent. 40 year 

 bonds is mentioned. 



Mr. vS. H. C. Miner, 

 lor years past president 

 of the Granby Rubber 

 Co., has been elected 

 president of the Con- 

 sol i dated company. 

 Major George W. 

 Stephens, m.l.a., who 

 has been identified 

 with the Canadian company for more than a year past, is 

 vice president. Mr. D. Lome McGibbon, also of the Cana- 

 dian company's management, becomes second vice presi- 

 dent and general manager. Shares of the Canadian Rub- 

 ber Co. have been traded in lately in the unlisted department 

 of the Montreal Stock Exchange. It is understood that the 

 •shares and bonds of the new company will be li.sted on the 

 Stock Exchange. 



Of the bonds referred to above, the issue to date amounts 

 Si, 439, 000. Duringthepast month $1,000,000 of this amount 

 has been ofiTered for public subscription at par, the same be- 

 ing redeemable at §110 after October i, 1911, at the option 

 of the companj-. The sale was made on behalf of financial 

 houses who underwrote that amount for certain shareholders, 

 who sold to secure a return of certain monies advanced in the 

 reorganization plan. 



The condition of the rubber industry in Canada is the sub- 

 ject of the most favorable reports. Owing to the climate the 

 Canadians are probably the largest users of rubber goods /"fr 

 capita in the world. Recently the volume of the industrj- 

 has increased to an important extent b}' reason of the elec- 

 trical and railway development that has been going on. 



EKERT HIGH REt'lSTANCE MATERIALS. 



Mr. Fred M. Ekert, as the result of long study of mate- 

 rials used for steam packings, has developed a new line of 

 products, which he terms high resistance materials. He 

 has addressed himself particularly to the problem of making 



MR. S. H. C. MINER. 



rubber indestructible in steam, and combining the qualities 

 of density, strength of body, and elasticitj- in a packing. 

 The goods referred to are made by combining asbestos fiber, 

 rubber, and high resisting pore filling substances, by pro- 

 cesses patented by Mr. Ekert in America and abroad. 

 There is now pending in New York the incorporation of a 

 compan}' with a large capitalization for the manufacture of 

 Ekert 's packings. The new materials have been tested 

 extensively on railways and in important manufacturing 

 establishments, with highly encouraging results. Among 

 the strong testimonials Mr. Ekert has received is one from 

 the road foreman of engines of the Pennsylvania railroad. 



"ELECTROSE" for INSULATION 

 The insulating material " Electrose, "which has now been 

 in use for four years for telephone fittings and other electri- 

 cal apparatus, has given most satisfactory results, and is 

 coming into a constantly increasing demand. The compound 

 is the invention of Mr. Louis Steinberger, who is the presi- 

 dent of the Electrose Manufacturing Co. (Brooklyn, New 

 York), formed to make and market it. Electrose is hard, 

 dense, and strong; it is an admirable insulating material ; 

 and its waterproof qualities fit it for outdoor uses, especially 

 under severe climatic conditions. It has been tested with 

 satisfactory results in meeting the most exhausting require- 

 ments in electric railway, light, and power installations. 



A NEW GUAYULE AGENCY. 

 It will interest the rubber manufacturing trade to know 

 that Poel & Arnold, the Ainerican rubber importers, have 

 become sole representatives for the United States and Canada 

 for the Compania Explotadora de Caucho Mexicana. This 

 company is one of the two very large producers of Guayule 

 rubber in Mexico, and is owned b}- leading German capital- 

 ists, among them Louis HofTof the Vereinigte Gummiwaaren- 

 Fabriken Harburg-Wien and the Dresdener Bank of Ger- 

 man3-, who purchased the Prampolini patents and own some 

 thirty or fort}' other extraction patents. Heretofore most 

 of their product has gone to Europe, but lateU- thej- have 

 largely increased their capacity, and feel that they are now 

 able to take care of .American customers as well. 



TO IMPROVE PARA HARBOR. 



Incori'Or.\tiox papers for a company by the name of 

 Port of Para were filed under the laws of Maine on Septem- 

 ber 15. The capital authorized is $17,500,000. The object 

 stated is to build, own, and operate wharv'es, docks, ships, 

 and warehouses, at Para, Brazil. The Board of directors 

 includes Minor C. Keith, of New York, president of the 

 United Fruit Co.; William Lanman Bull, a New York 

 banker ; Sir William C. Van Home, K. c. M. G. , chairman of 

 the Canadian Pacific Railway Co.; and some French finan- 

 ciers. Recent foreign newspapers contain advertisements of 

 an issue of bonds amounting to $4,750,000, out of a total 

 projected issue of $6,300,000, to be secured by a special tax 

 of 2 per cent, ad valorem to be imposed upon all imports at 

 Para. 



EXTENSION OF A FACTORY IN INDIANA. 



The Indiana Rubber and Insulated Wire Co. (Jonesboro, 

 Ind.) have been making some extensive additions to their 

 factory buildings, both to accommodate more machinery 

 which they are purchasing, and for storeroom. One is a 

 three story building, with basement, 150X40 feet ; another 

 is one story, with cement floor, 250 X 75 feet. 



