April I, 1907.] 



THE INDIA RUBBER WORLD 



COTTON DVCK PE0FIT8. 



The annual report of the Consolidated Cotton. Duck Co. ior 

 1906 shows gross income from sales of $9,941,151.29, against $9,- 

 268,871.94 lor 1905. Net earnings were $1,301,881.39, against 

 $917,172.08 for 1905. The report covers the first full year since 

 the merger of the United States Cotton Duck Corporation 

 (which has now ceased to exist) and the Mount Vernon-Wood- 

 berry Cotton Duck Co. An important event during the year was 

 the acquisition of the entire capital stock of the J. Spencer Turner 

 Co. (New York), which l.ouse has become the sole distributing 

 agency of the Consolidated Cotton Duck Co., to the great ad- 

 vantage of the latter. The duck company own 20 mills in six 

 States and Canada and Nova Scotia. There are 7,500 operatives 

 and 55,000,000 pounds of raw cotton wore consumed last year. 

 The valuation of properties is reported at approximately $18,- 

 ooo.coo. The earnings for 1906, after providing for the 6 per 

 cent, on the preferred stock ($6,000,000) left a surplus equal to 

 nearly 8 per cent, on the common stock ($7,000,000). 



The regular semi-annual dividend on the preferred shares of 

 3 per cent, is payable on April i. 



WALTER K. FREEMAN SENTENCED. 



I.N" the New York court of general sessions. Part I, on March 

 15, Judge Rosalsky imposed a sentence upon Walter K. Freeman, 

 who had been found guilty of grand larceny in the first degree, 

 on trial before Judge Rosalsky and a jury, confining him for a 

 term of three years in State's prison. The attorneys for the de- 

 fendant moved for a new trial, and, pending decision by thj 

 court, Freeman was remanded to the city prison. In the latter 

 part of 1904 a contract was entered into between Parke, Davis 

 & Co., manufacturing chemists, and Freeman in relation to the 

 manufacture of camphor synthetically by a process which Free- 

 man claimed to be developing. It was agreed that Freeman 

 should receive $15,000 for experimental purposes within a period 

 of one year. .\t the expiration of that time, no results having 

 been obtained, Parke, Davis & Co. commenced a civil action 

 against Freeman to compel an accounting for the moneys turned 

 over to him. It developed that one particular item of $2,400 

 alleged by Freeman to have been paid by him for platinum had 

 not been expended for such purpose, and that while this con- 

 tract was in effect Freeman was colleclins; money froir ot'-er 

 firms on similar terms. Parke, Davis & Co. thereupon laid the 

 matter before the district attorney for New York county, who 

 caused Freeman to be arrested for grand larceny. He was in- 

 dicted on this charge in August, 1906, and tried before Judge 

 Rosalsky in January last, with the result above named. 



Considerable space was devoted to Freeman in The Lvdi.\ Rub- 

 ier World, January I, 1903 (page 121), at which time he was 

 reported to have secured considerable sums from persons i'l 'h" 

 rubber trade, but more largely from persons not in the trade, 

 to aid him in the manufacture of a process rubber or substitute 

 from a secret formula. Freeman was understood to have been 

 the leading spirit in the so-called American Crude Rubber Co., 

 incorporated .August 22, 1902, under New Jersey laws, with an 

 authorized capital of $2,000,000, which company purported to 

 have for its object the manufacture of the substitute referred to. 



waste rubber that is dutiable. 

 Aji importation of w-aste rubber at New York included somt 

 new cuttings, which the collector decided f'id not come under tl:e 

 provisions of paragraph 579 of the Tariff act, relating to "old 

 scrap or refuse india-rubber, which has been worn out by use and 

 is fit only for remanufacture." The remainder of the consign- 

 ment was old scrap rubber, such as is admitted free of duty, but 

 the collector held that the onus was on the importer to show what 

 proportion of the goods are free and what dutiable, and a duty 

 of 10 per cent, was assessed on the whole as materials not 

 enumerated in the act. This action was confirmed by the general 

 appraisers at New York. This is not the first time that the ques- 



tion of assessing a duty on imported new cuttings of rubber has 

 been considered. The India Rubber World is informed by some 

 of the importers that they have paid duties on such material, 

 and at the office of the collector of the port at New York it is 

 stated that the practice here has been uniformly to assess :o 

 per cent, ad valorem on such goods, under paragraph 463 of the 

 Tariff act, the appraisers having rendered at least four decisions 

 sustaining this course prior to the one above mentioned. 



BUBBEB FOOTWEAB PRICES IN CAI^ADA. 



New lists on rubber footwear were issued by the Canadian 

 manufacturers on March 4 — eight days earlier than last year. 

 Prices are somewhat higher than in the past season. Men's plain 

 overs are listed 5 cents per pair higher; men's boots from 5 to 

 25 cents higher ; lumbermen's 5 to 10 cents, and so on. The ad- 

 vance in women's footwear is less marked, and in a number of 

 items no change is made. The discount to retailers is IS*" 3 per 

 cent., against 20 per cent, last year and 17 per cent, in the year 

 before that. A special discount of 5 per cent, is allowed on orders 

 placed before May i, and shipped before November i, 1907. A 

 similar discount for early orders was allowed last year. Be- 

 sides these discounts, and the customary discounts for cash, the 

 manufacturers allow a bonus rebate, to be governed by the volume 

 of orders given by the purchaser during the season. 



BOSTON AUTOMOBILE SHOW. 



The fifth annual Boston Automobile and Power Boat Show 

 (March 9-16) was held under the auspices of the Boston Auto- 

 mobile Dealers' Association, Inc., and as last year under the 

 m-inagement of Mr. Chester I. Campbell. It was successful in 

 every way, the large attendance indicating the appreciation by 

 New F.nglandcrs of an opportunity of acquainting themselves 

 with automobile progress and making purchases nearer than 

 New York. There were 342 exhibitors of automobiles and acces- 

 sories listed, and the numlier of cars shown was greater than at 

 either of the two New York shows or that at Chicago. For the 

 most part the tire manufacturers have decided to exhibit only 

 at New York and Chicago — at the so-called "national" shows — 

 but the tire feature at Boston was by no means lacking in 

 interest. Among the exhibitors of tires or rims were The Re- 

 public Rubber Co., Pennsylvania Rubber Co., Voorhees Rubber 

 Manufacturing Co., Dow Tire Co., Trident Tire Co., Burmester 

 Rubber Co., The Ennis-Ruff Tire Co., Hopewell Brothers, Healy 

 Leather Tire Co., The Crescent Parts Co., Presto Detachable 

 Rim. 



CHICAGO VULCANIZINO CO. 



The Chicago Vulcanizing Co. (No. 1461 Michigan avenue, 

 Chicago) are an incorporated concern engaged in the repair and 

 sale of all makes of automobile tires ; in addition they are the 

 western selling agents for the Harburg tire, made by the 

 Vereinigte Gummiwaren-Fabriken Harburg- Wien, of Germany. 

 This agency was secured at the time of the Chicago automobile 

 show, when the Electric line, which they had carried for tie 

 previous year, was dropped. John W. Benton, lately with the 

 Goodyear Tire and Rubber Co. (Akron, Ohio), has recently 

 become vice president. H. \V. Terriere is president and John 

 Boss superintendent. 



OPENING OF THE SALEM RtTBBER CO. 



The Salem Rubber Co. (Salem, Massachusetts), the incor- 

 poration of which was reported in the last India Rubber World, 

 have begun business. The formal opening of their store, at 

 .\o. 156 Essex street, on March 16, was largely attended. It is 

 the first exclusively rubber store in Salem and contains a whole- 

 sale and retail stock of rubber goods generally. As mentioned 

 already, this is one of the Crocker Syndicate stores, under the 

 general management of Mr. Isaac Crocker, of Providence, Rhode 

 Island. 



