286 



THE INDIA RUBBER WORLD 



[June i, 1907. 



D. LORNE McGIBBON, PRESIDENT. 



MR. S. H. C. MlNlvR, having retired from the presidency of 

 the Canadian Consolidated Rubber Co., has been suc- 

 ceeded by Mr. D. Lome McGibbon, who becomes general man- 

 ager as well as president, .-^t the first annual general meeting of 

 the company at Montreal, on May 7, the board of directors were 

 reelected, except that the vacancy caused by the retirement of 

 Mr. J. H. McKcchnie was filled by the choice of Mr. E. W. 

 Nesbitt. The board now consists of : 



S. H. C. Miner, .-Me.xander Pringle, 



G. W. Stephens, m.l.a., C. C. Ballantyne, 



D. Lome iMcGibbon, H. J. Fuller, 

 James Robinson, \\'. R. .'\llan. 



E. W. Nesbitt, .•\. C. Flumerfelt. 

 Shirley Ogilvie, 



After the meeting of shareholders a meeting of the directors 

 was held, when the following were elected officers of the com- 

 pany : 



President and Managing Director. — D. Lome McGibbon. 



Vice-President. — Major George W. Steohens, m.l..\. 



Secretary-Treasurer.- — F. H. Ward. 



The Canadian Consolidated Rubber Co., Limited, was organ- 

 ized in December last, under letters patent of the Dominion of 



Canada, for the pur- 

 pose of acquiring con- 

 trol of a number of 

 leading rubber fac- 

 tories, the list of com- 

 panies now owned 

 being as follows: The 

 Canadian Rubber Co. 

 of Montreal. Limited; 

 The Granby Rubber 

 Co., Limited, of Gran- 

 by : The Maple Leaf 

 Rubber Co.. Limited, 

 of Port Dalhousie; 

 The INIerchants' Rub- 

 ber Co.. Limited, of 

 Berlin, and the Berlin 

 Rubber Manufactur- 

 ing Co., Limited. The 

 capital of the consoli- 

 dated companies con- 

 DOUGL..S LoRNE McGtbbon. ^i^'^ °f $2,600,000 in 



[New President of the Canadian ConsoIidated6 per cent. bonds. 

 Rubber Co., Limited.) $2,000,000 in 7 per 



cent, preferred shares, and $3,000,000 in common shares— total 

 $7,600,000. 



The new president of the corporation, Mr. D. Lome McGibbon, 

 has for some time past filled the position of vice president and 

 managing director of The Canadian Rubber Co. of Montreal, 

 Limited, with distinguished success. Since the reorganization of 

 the latter company the controlling spirits have all been young 

 men. and the showing they have made has been such as to pre- 

 pare the public f<ir the elevation to the head of one of the largest 

 industrial corporations in the Dominion of a man yet consider- 

 ably less than 40 years of age. 



Douglas Lome McGibbon, whose parents were of pure Scotch 

 descent, was born November 24. 1870. at •Thornbury," Montreal, 

 and was educated at the High School of Montreal. His father, 

 the late Major .Mexander A. McGibbon, who died three years 

 ago, was long a leading merchant in Montreal, afterward render- 

 ing signal services to the government in dealing with the Indians 

 in the Northwest. At an early age Mr. McGibbon entered the 

 life insurance business in Montreal, going later to the United 

 States, where he spent six years in various departments of the 

 coal trade, principally at St. Paul and Chicago. By 1893, when 



he returned to Canada, he had acquired a valuable business ex- 

 perience, which he first turned to account as director of a trading 

 company in the Northwest Territory, and next in connection with 

 the Laurentide Pulp and Paper Co., at Grand Mere, the largest 

 concern of its kind in Canada. He resigned as general manager 

 of the latter company in 1902 to accept a similar position with 

 The Canadian Rubber Co. of Montreal, Limited. This was an 

 important concern, with a history of nearly a half-century, but 

 in need, as later events proved, of new ideas and a new policy, 

 and the want was supplied through the suggestions of the new 

 general manager, who had devoted his business life to, the study 

 of the systematic administration of affairs. The rubber company 

 was completely reorganized, its capacity and its output increased, 

 and the business replaced on a good dividend paying basis. At 

 last year's annual meeting the company's appreciation of Mr. 

 McGibbon's work was shown by his election to the office of vice 

 president as well as general manager. 



With all his devotion to system, Mr. McGibbon does not believe 

 the same system applicable to every business ; the special needs of 

 each business must be dealt with. Nor does he believe in spend- 

 ing $10 in system to save $1 in business. Mr. McGibbon is a 

 member of the Montreal Board of Trade and a vice president of 

 the Canadian Manufacturers' Association. He is a director of 

 the Canadian Appraisal Co. and interested in many other 

 industrial concerns. He does not, as might be supposed, devote 

 all of his time to business, but is a member of the St. James Club, 

 the Canada Club and other social organizations. Mr. McGibbon 

 was married, in 1897, to Miss Ethelwyn Waldock, niece of Mr. 

 Wallace Nesbitt, K. c, late a judge of the supreme court. 



INDIA-RUBBER GOODS IN COMMERCE. 



EXPORTS FKOM THE UNITED STATES. 



/^ FFICIAL statement of values of exports of manufacturers 

 ^-^ of india-rubber and gutta-percha for the month of March, 

 1907, and for the first nine months of five calendar years: 

 Belting, Boots All 



Months. Packing and Other Total, 



and Hose. Shoes. Rubber. 



March $113,038 $44,395 $343,756 $501,189 



July-February ...801,238 918.569 2,321,211 4,041,018 



Total $914,276 $962,964 $2,664,967 $4,542,207 



Total, 1905-06 942.654 1.340.602 2.125,551 4.408,807 



Total, 1904-05 670.551 1,062.731 1.831.74S 3.565,030 



Total, 1903-04 667,567 946.439 1.796,522 3,410.528 



Total, 1902-03 596,799 948,505 1.623.362 3.168,666 



Exports of reclaimed rubber for the past nine months 

 amounted in value to $492,869. 



RUBBER GOODS IN TURKEY. 



L\- a report on the imports of rubber goods into Turkey, the 

 American consular office at Constantinople estimates the total 

 annual value of footwear at between $370,000 and $430,000, and all 

 other rubber goods at from $150,000 to $170,000. The footwear 

 is supplied by the following countries, named in the order of 

 importance in the trade: Russia, Germany, United States, Great 

 Britain, France and Sweden. The share of the United States is 

 estimated at $85,000 to $95,000; the brands covered are the 

 "Candee," "Federal" and "Para," which are preferred by the 

 wealthy classes on account of being light in weight and attractive 

 in shape. Those who prefer heavier and more durable goods 

 buy the Russian products. The imports of mechanical rubber 

 goods, including sheet and tubing, are estimated at $60,000; sur- 

 gical goods, $20,000; and waterproofs and raincoats, $70,000. 



Poor Burgess !— Somebody was inquiring the other day as to 

 what "para-typhoid" was from which Mr. Sturgess was suffering. 

 According to expert evidence it was a type of Lowlands 

 Malay-ria. — Ceylon Observer. 



