March i, 1907. 



THE INDIA RUBBER WORLD 



193 



TRADE NEWS NOTES. 



The capital of the Revere Rubber Co. (Boston) has been 

 increased from $1,500,000 to $2,000,000. 



The Binghaniton Shoe and Rubber Co., at BinghanitDn, New 

 York, have filed articles of incorporation at Albany, with $50,000 

 capital, to do a jobbing business in footwear. The directors are 

 T. B. Crary, John J. Burns, A. J. Parsons and J. L. Hoeschele. 

 This is a consolidation of two jobbing firms in Binghamton. 



The Housatonic Rubber Works, Inc., reclaimers of uncured 

 rubber scraps, at Bridgeport, Connecticut, have been sending to 

 their friends in the trade some attractive souvenirs, in the shape 

 of exceedingly handsome leather cigar cases. 



The annual report of the American Can Co. shows gross earn- 

 ings for 1906 of $.',534,367. They were obliged to deduct for fire 

 losses in San Francisco and elsewhere, so that the net profit is 

 only $2,113,421. Dividends were paid amounting to $515,416. 

 New factories are in course of construction at New Orleans and 

 Savannah, and another has been authorized at New Castle, Pa. 



The VVoonsocket Rubber Co. have granted to the city of Woon- 

 sockct sewer rights on the premises of the "Alice" mill, over a 

 tract 15 feet in width. The grant is twice as much as the city 

 asked for, and has been made with a view to encouraging the 

 establishment on adjoining premises of a new factory in the 

 woolen industry, which would contribute to the prosperity of the 

 city. 



The directors of the Rubber Goods Manufacturing Co. on 

 February 2 declared ihc thirty-second regular quarterly dividend 

 of I-/4 per cent, on the preferred shares, out of earnings, payable 

 March 15 to holders of record March 8. 



The employes of the New York Rubber Co. received double 

 pay during the week endmg February i — an annual custom of the 

 company which is much appreciated by those in its employ. 



The trustees of the first mortgage 6 per cent, bonds of The 

 Mechanical Rubber Co. announced recently their readiness to ex- 

 pend the sum of $75,237.97 in the purcha.^^e of bonds of that issue. 

 if offered at an advantageous rate 



J.Vf.ANEAE He.M»QIARTF.KS OF .\X AmEUKAN Ru 

 (r.raiich hoiiif. at Osaka. Japan, of the Gorham Rubber Co., of San I'rai: 

 3, Nishinagahori Kita-Gcchonic, Osaka, .nnd the manager Mr. S. Sawatari.l 



The Palmer tire — American, Goodrich make — is an increasing 

 factor on the bicycle this year. 



TBAOE MEWS MOTES. 



The Continental Talc Co., of New York city, have filed articles 

 of incorporation under the laws of New York with $200,000 

 capital. Tlie directors arc T. W. Tone, W. E. Condit and Edwin 

 Binney. 



Mr. C. E. Nichols, who has been connected with the shoe trade 

 for some ten years, has been engaged to represent, in New York 

 city, the -\msterdam Rubber Co., distributors of Banigan rubbers. 

 The Independent Rubber Co. (Fort Wayne, Indiana), whole- 

 salers of the Hood Rubber Co.'s rubber footwear, completed their 

 fifth year during the past month. Their business has grown 

 until it occupies the whole of a seven-story fireproof building, at 

 No. 129 East Columbia street. 



The Mishawaka Woolen Manufacturing Co. gave a banquet 

 at the Oliver Hotel, South Bend, Indiana, on the evening of 

 January 31, to the members of the firm of Dunham Brothers 

 ( Brattlcboro, Vermont), and their eighteen New England 

 salesmen. 



Dunham Brothers (Brattleboro, Vermont), in addition to the 

 "Ball brand" of rubber footwear, made at Mishawaka, and for 

 which they are New England agents, have introduced two new 

 brands for which thej- have the exclusive sale — "Victor" (first 

 quality) and "Reliance" (second quality). 



The new factory of The B. & R. Rubber Co. (.North Brook- 

 field, Massachusetts) was mentioned in the last India Rubber 

 World as having begun making up samples. It is learned that 

 within a iew hours after the first sample goods were put out. 

 orders were received for $50,000 worth, mainly of rubber heels. 

 An official of the company states : "Business has been coming our 

 way since the first day, and our biggest problem at the time is to 

 take care of the business we have accepted." 



The capital of the Standard Underground Cable Co. (Pitts- 

 burgh, Pennsylvania) has been increased recently from $2,000,000 

 to $3,000,000. The India Rubber World is advised by an official 

 of the company : "We have not published any annual report for 

 the year 1906. in view nf the fact that Our stockholders are all 



local people, and were fully ad- 

 vised -as to the conditions of the 

 company at the annual stockhold- 

 ers' meeting." 



Mr. William H. Gilbert, who 

 has been employed by the Joseph 

 Banigan Rubber Co. (Providence, 

 Rhode Island) for several years, 

 has been appointed assistant gen- 

 eral manager. Such an appoint- 

 ment has become desirable for the 

 reason that Mr. Walter S. Bal- 

 lon, general manager of the com- 

 pany, is also a member of the 

 board of directors and of the 

 executive committee of the United 

 States Rubber Co., and obliged to 

 be in New York a good deal. 



It is stated that the Consoli- 

 dated Rubber Tire Co. (New- 

 York) will pay this year 3 per 

 cent, on their income bonds, as 

 against 2 per cent, last year. The 

 payment will be due on .•\pril l. 



The Milford Rubber Cement 

 Co. (Milford, New Hampshire) 

 were mentioned last month as 

 having begun operations. George 

 P. Morse is president, P. H. Far- 

 ley treasurer, and J. E. Morse sec- 

 retary. The Messrs. Morse are owners of the Morse Blacking 

 Co., of Boston. 



BIIER l-IKM. 



CISCO. California. The location is 



