250 



THE INDIA RUBBER WORLD 



[May I, 1907. 



Synopsis of Operations of Allied Companies for Years Ending 

 December 31. 



1906. 1905. 



Sales $19,737,120.81 $17,662,453.00 



Gross earnings 2,646,458.85 2,202,035.77 



Net balance of profit 2,004,484.26 1,358,485 .29 



Dividends declared for year 01,276,286.98 fc98s,83S-9i 



[a — to March 31, 190-. b — To March 31, 1906.] 



The annual election resulted in the board of directors being 

 continued without change, as follows: 



Charles H. Dale, Ernest Hopkinson. Charks A. Hunter, 



Frank W. Eddy, Arthur L. Kelley, Samuel P. Colt, 



Anthony N. Brady, Lester Leland. John J. Watson, Jr. 



On a later date the board elected as the officers of the com- 

 pany : Charles H. Dale, president ; Lester Leland and Charles .A- 

 Hunter, vice-presidents; John J. Watson, Jr., treasurer; Samuel 

 Morris, secretary, and John D. Carberry and James McGuffog, 

 each with the title assistant treasurer and assistant secretary. 



The financial reports were audited by Henry T. Bragg, c. p. a. 



AN HISTORICAL StTMMARY. 



The Rubber Good Manufacturing Co. was in a sense an out- 

 growth from The Mechanical Rubber Co., formed under the 

 laws of New Jersey in 1892 for the merger of five important 

 and successful concerns manufacturing rubber goods. On Janu- 

 ary 26, 1899, articles of incorporation were filed in New Jersey 

 for the Rubber Goods Manufacturing Co., which combined the 

 holdings of The Mechanical Rubber Co. with six other mechani- 

 cal goods factories which, prior to that time, had been operated 

 independently. Other companies were added later. The enlarged 

 company had authority under its charter to issue stock to the 

 extent of $50,000,000, but the whole was never required for the 

 acquisition of the companies that came under its control. The 

 organization of the Rubber Goods Manufacturing Co. was com- 

 pleted May 4, 1899, at which time it was announced that shares 

 to the extent of $17,536,000 had been issued. Gradually the 

 amount was increased, as indicated in certain annual reports, as 



follows : 



Preferred. Common. Total. 



Original issue $ 6,196,600 $11,840,000 $18,036,600 



First annual report 1,424,700 3,294,600 4,719,300 



Second annual report 430,100 1,807,100 2,237,200 



Seventh annual report 2,300,000 2,300,000 



Total, March 31, 1907 $10,351,400 $16,941,700 $27,293,100 



The companies subsidiary to the Rubber Goods Manufacturing 

 Co. at present are : 



Mechanical Rubber Co. (holding company). 



Peerless Rubber Manufacturing Co. 



*New York Belting and Packing Co.. Limited. 



*Fabric Fire Hose Co. 



Hartford Rubber Works Co. 



Morgan & Wright. 



Indianapolis Rubber Co. 



India Rubber Co. 



Sawyer Belting Co. 



Mechanical Fabric Co. 



*Stoughton Rubber Co. 



Sandy Hook Reclaiming Works. 



G & j Tire Co. 



♦Chicago Rubber Works. 



♦Cleveland Rubber Co. 



American Dunlop Tire Co. 



Single Tube Automobile and Bicycle Tire Co. 



Midgley Manufacturing Co. 



The companies indicated by (*) were included in The Me- 

 chanical Rubber Co. The Peoria Rubber and Manufacturing 

 Co., acquired in 1899, was liquidated soon after. The Single 

 Tube company is the holding company for the single tube tire 

 patents, and through other companies named the Rubber Goods 

 Manufacturing Co. holds the "Clincher'' and Dunlop tire patents 

 in the United States and controls the Midgley detachable rim for 

 motor tires. They have also a license for manufacturing solid 

 tires under the Grant patent. A few figures will indicate the im- 



portance of the operations of the Rubber Goods Manufacturing 



Co. to date : 



Sales 1900 $13,364,090 



Sales 1901 14,348,048 



Sales 1902 13,999,329 



Sales 1903 14,310,752 



Sales 1904 14,556,289 



Sales 1905 17,662,453 



Sales 1906 19,737,121 



The official statements of dividends actually disbursed within 

 the several fiscal periods afford these figures : 



1899 $ 769,624.83 



1900 1,434.693.73 



1901 1,469,948.00 



1902 (to March 31, 1903) 1,678,723.64 



1903 (to March 31, 1904) 938,860.72 



1904 (to March 31, 1905) , . . . 563,598.00 



1905 (to March 31, 1906) 679.098.00 



1906 (to March 31, 1907) 894,015.00 



Total $8,428,561.92 



Of the original signers of the incorporation papers of the Rub- 

 ber Goods ilanufacturing Co. the only one now identified with 

 the company is Charles H. Dale, who has been a director in the 

 company from the beginning and, since 1903, president. 



During 1905 negotiations were begun which resulted in the 

 merger of the Rubber Goods Manufacturing Co. with the United 

 States Rubber Co., through the issue of additional capital shares 

 of the latter in exchange for the shares of the Rubber Goods 

 company, and the logical outcome is the liquidation of the Rubber 

 Goods company now pending. The capital outstanding of the 

 United States Rubber Co. is $35,067,000 in first preferred stock, 

 $9,586,300 in second preferred, and $25,000,000 in common stock; 

 total, $69,653,300, of an authorized issue of $75,000,000. 



WANTS AND INQUIRIES 



[391] \Y/E ^■'s asked to put a correspondent in touch with 

 " '^' makers of submarine diving outfits, with pump 

 and hose complete. 



[392] A manufacturing company wishes names and addresses 

 of importers and dealers in chicle gum. 



[393I The names of manufacturers of single and double tex- 

 ture rubber cloth are asked for by one of our readers. This 

 cloth is desired in quantities of from 300 to i.ooo yards. 



[394] A Western company wishes to know purchasers of 

 pumice stone among rubber manufacturers. 



[395] Small rubber-covered brass staples are desired by an 

 Ohio manufacturing company. 



[396] A correspondent wishes to know if it is practical to put 

 the heating pipes in a shoe vulcanizer in the top of the vulcanizer 

 instead of the bottom, as is the usual custom. 



[397] A reader would like to communicate with mechanical 

 rubber goods manufacturers who do their own reclaiming from 

 scrap rubber. 



[398] A foreign correspondent would like the addresses of 

 American manufacturers of strips of camel's hair belting for 

 lining the brake bands of cycles and motor cars. 



[399] A Canadian company would like to correspond with a 

 manufacturer of small nails used in the making of rubber-headed 

 nails. Correspondence with a firm manufacturing small plain 

 tacks (steel), not with brass heads, is particularly desired. 



[400] Information is desired as to the production, throughout 

 the country, of dental dam, in pounds or yards. 



[401] Any information about the Mexican Mining and Planta- 

 tion Co. would be welcomed by a reader. Its officers, location, 

 etc., figure in the information desired. 



[402] A reader wishes to know the names of companies that 

 can furnish cashmerette, black and red fleece or shag, and all 

 kinds of net, such as is used in the manufacture of arctics and 

 gum shoes. 



