February i, 1907.] 



THE INDIA RUBBER WORLD 



163 



TRADE NEWS NOTES. 



The corporate txistfiice ni the Wheeler & Wilson Manufactur- 

 ing Co., long prominent in the sewing machine trade, has ceased. 

 in view of the merger of their business with the Singer Manufac- 

 turing Co. 



The annual meeting of shareholders of the New York Rubber 

 Co., for the election of trustees, was held at the company's offices 

 in New York on January 29. 



Mr. Robert J. Firestone has been appointed sales manager of 

 .the Firestone Tire and Rubber Co., with headquarters at .\kron, 

 Ohio. 



.•\rticles of incorporation have been fdcd by the Standard Rub- 

 ber Manufacturing and Supply Co., under the laws of Xew Jer- 

 sey, with $100,000 capital. Incorporators: Stephen C. Cook, Ig- 

 natius L. Jambre, Albert A. Taylor, Jr., and Charles L. Conard. 

 Registered office : No. 147 East State street, Trenton. 



H. M. Shepard, for some time past president and general man- 

 ager of the Elkhart Rubber Works (Elkhart, Indiana), has 

 retired from that company and w'ill be at the head of a new- 

 company formed to manufacture tires and mechanical rubber 

 goods, on a larger scale, in the same city. 



RUBBER FOOTWEAR PRICES. 



The United States Rubber Co. on January 14 issued a circular 

 to their customers, introduced as follows: "Referring to our cir- 

 cular letter of October 6, 1906, wherein we notified you that our 

 contract for the coming season would be issued on March I, 1907, 

 we now advise you that at the urgent request by and in behalf of 

 many of our customers, we will issue our new contract as of 

 January 16, 1907, cancelling the one now in force, dated January 

 2, 1906." 



It is stated that the gross price list for the season of 1907 will 

 be the same as last year, and subject to change without notice 

 The discounts to retailers remain as before, except that they are 

 also subject to change without notice. They are as follows: 



First quality (except Woonsocket and Meyer) -5@3% 



Woonsocket and Meyer brands 25@5@3% 



Second quality (except Rhode Island and Jersey). 25@3(g) 10% 



Rhode Island and Jersey 25 (S 5 @ 3 @ 10 % 



There will be no extra discount for early orders, but a cash 

 discount will be allowed at the rate of 7 per cent per annum for 

 prepayment of accounts rendered for shipment to March 31, and 

 at the rate of 12 per cent on accounts rendered for shipment on 

 and after .April i. 



* * * 



Referring to a report w-hich has appeared very generally in the 

 newspapers that prices of rubber boots and shoes have been ad- 

 vanced 5 per cent., it may be said here that the same appears to be 

 due to a misapprehension. As stated above, there is no change in 

 lists or discounts this year, unless comparison be made with the 

 period between January i and April i, 1906. At the beginning of 

 last year an extra discount of 5 per cent, was announced to induce 

 the placing of early orders, but this ofTer expired on .\pril I. 

 No extra discount is allowed this year, which leaves net prices to 

 retailers unchanged since .April i last. 



RUBBER MEN AT DINNER. 



The concerns named below were represented at a dinner at 

 Sherry's, in New York, on Friday evening, January 18. The 

 dinner was attractively served at a round table, at which there 

 were 44 guests. It was an informal affair, greatly ci^joyed by 

 those present. There was no regular toastmaster and no formal 

 after-dinner speeches, though short addresses were made by 

 Messrs. John J. Voorhees, Welling G. Sickel, Charles .A. Daniels 

 and H. E. Raymond. The dinner was presided over by Mr. Wil- 

 liam Hillman. The firms represented were: 



Crescent Belting and Packing Co., Easthampton Rubber Thread 

 Co., Electric Hose and Rubber Co., Empire Rubber Manufactur- 

 ing Co., Eureka Fire Hose Co., Fabric Fire Hose Co., Firestone 

 Tire and Rubber Co., The B. F. C.oiidricb Co., Manhattan Rubber 



Manufacturing Co., New York Belting and Packing Co., Lnuited, 

 New York Rubber Co., Pennsylvani-i Rubber Co., Peerless Rub- 

 ber Manufacturing Co., Quaker City Rubber Co., Republic Rub- 

 ber Co., Revere Rubber Co., Rubber Goods Manufacturing Co.,* 

 L'nited and Globe Rubber Manufacturing Cos., Voorhees Rub- 

 ber Manufacturing Co., Maiuifnctured Rubber Co., U. S. Rubber 

 Reclaiming Works, Trenton Rubber Reclaiming Works. Derby 

 Rubber Co., W. H. Cummings & Sons, New York Commercial 

 Co., J. P. Devine Co., The Carter Bell Manufacturing Co.. Con- 

 tinental Rubber Co.. J. H. Lan^ & C.>.. Farrcl Foundry and Ma- 

 chine Co.. and Osgood Sayen. 



EUREKA FIRE HOSE CO. 



It is understood that the shares in the luireka Fire Hose Co. 

 (New- York) held by the estate of the late John Van Dussen 

 Reed have changed ownership. Mr. Reed was one of the 

 founders of the company, in 1875, and at his death in 1892 held 

 a controlling interest. Thq officers of the company to-day arc 

 Benjamin L. Stowe, president; George A. Wies, vice-president 

 and treasurer, and N. F. McKeon, secretary. Mr. McKeon, who 

 is a practical rubber man, also becomes general factory manager. 

 The directors are Messrs. Stowe and Wies. and James Boyd, of 

 the Philadelphia house of James Boyd & Brother, dealers in 

 mechanical rubber goods. Mr. Stowe was interested with Mr. 

 Reed at the inception of the company and, beginning with 1875, 

 has been the inventor of many improvements in mechanism for 

 circular hose weaving which are utilized by the Eureka company. 

 Mr. Wies. who entered the employ of the coinpany at the begin- 

 ning, has grown up with the business and taken an active part 

 in its large expansion. The family of Mr. Boyd have been iden- 

 tified with the development of rubber lines cotton fire hose for 

 nearly a half century, a patent on such hose having been granted 

 to a member of the family as early as 1859. 



united states rubber co. shares. 



First Preferred Stock, $35,067,000. 



Last Dividend, October 31, 1906—2%. 



1902. 1903. 1904. 1905. 1906. 



Shares sold. .. . 104,202 62,343 182,443 200,497 123,760 



Highest price.. 64 58 100 llS'A 115 



Highest, 1906, January 15 ; Lowest, July 13 ; Closing, 107^. 



Second Preferred Stock, $9,586,300. 



Lowest price... 49'/$ 30^ 41 98^-^ 104^ 



Last Dividend, October 31, 1906 — 1^2%- 



1905. 1906. 



Shares sold 21,550 59,845 



1 1 ighest price 83J4 &7'/2 



Lowest price 75 75 



Highest, 1906. January 15; Lowest, May 2; Closing, 78^. 



Common Stock, $25,000,000. 

 Last Dividend, April 30, 1900 — 1%. 



1902. 1903. 1904. 1905. 1906. 



Shares sold 53,3S6 80,890 285,819 723,665 607,800 



Highest price. . 19^ igYs 34^ 58J4 59!^ 



Lowest price... 14 7 loK- 33->4 38 



Highest. 1906. October 2; Lowest, July 13; Closing, 51. 



Mr. II.vrrv Hazard Shepard, formerly general manager of the 

 National India Rubber Co., has been reappointed a member of 

 the state board of charities and corrections of Rhode Island, the 

 terin dates from February i. 



It is connuonly reported in Canada that two rubber shoe manu- 

 facturing companies in the Dominion have been purchased by 

 interests friendly to the Consolidated Rubber Co., Limited, and 

 are likely soon to pass into the control of the latter, but up to 

 date no corroboration of the report is obtainable beyond an 

 admission of the change in control of the two companies. 



