July i, 1907.] 



THE INDIA RUBBER WORLD 



319 



RUBBER INTERESTS IN EUROPE. 



DUNLOP TYRE DIVIDENDS. 



"T^llE rate of dividends 01 the Uunlop Pneumatic Tyre Co., 

 A Limited, for the past business year was reported in The 

 I.\Di.\ Rubber World May i, 1907 (page J44). The payments 

 were dated April 8. and llie amounts involved were: 



On the preference shares (5 per cent) ^24,874 



On the ordinary shares (8 per cent) 50,000 



On the deferred shares (5 per cent) 24,998 



Total for the year £99,872 



The company paid an interim dividend of 5 per cent, on the 

 preference shares on May I, amounting to £24,824, and have an- 

 nounced for July I an interim dividend on the orihnary shares 

 amounting to £25,000 and on the deferred shares of £12,500—3 

 total since April of £62.374. The total disbursements, including 

 the yearly dividend, within three months amount to £162,246 

 I =$789.57 1 -26 1, not including dividends of £90,940 of the af- 

 filiated Dunlop Rubber Co., Limited, declared on April 17. 



CALLENDERS CABLE AND CONSTRUCTION CO. 



The trading profits of Callender"s Cable and Construction 

 Co., Limited, for 1906, were £122.986, or £1.600 less than in the 

 preceding year, which was the best in the company's history. 

 The net profit came out at £54,050 [=$263,224.25], against 

 £5^,765 in 1905. The high price of copper has affected the com- 

 pany's business, and their report refers to a "waiting policy" on 

 tlie part of many of their customers, w^hich is regarded as in 

 keeping with a widespread tendency among consumers of copper 

 to hold off from buying until a lower price level has been reached. 

 The company paid £13,500 in debenture interest (from gross 

 profits), £10,000 in preference dividends, and £26,250 in ordinary 

 share dividends. The company have continued the policy of 

 taking over, wholly or in part, undertakings which widen the 

 company's basis or relieve them to a certain extent of com- 

 petition. The .iXnchor Cable Co., Limited, whose works at Leigh, 

 Lancashire, were purchased in 1903, have been completely re- 

 organized, and that acquisition is contributing to, the profits 

 of Callender's. They have £42,170 invested in St. Helens Cable 

 and Rubber Co., Limited (Warrington), and £89,320 in other 

 companies. Callender's Bitumen, Telegraph and Waterproof 

 Co., Limited, was formed in 1882 and took its present name in 

 1896. The capital in the latter year was £200,000 — since increased 

 to £375,000, with an issue of £300,000 in 4'/2 per cent, debentures. 

 The quietness in home business of late has been offset by good 

 orders from the Far East, South America, Mexico and Canada. 



GREAT BRITAIN. 



The business of R. & J. Dick, of the Greenhead Works, Glas- 

 gow, manufacturers of gutta-percha and balata goods, and par- 

 ticularly balata belts, has been sold, as from January i, 1907,. by 

 the trustee of the late James Dick, the last surviving partner, 

 to parties who will continue the business under the old name. 

 The brothers Robert and James Dick began business in 1846. 

 The former died in August, 1891. and the latter in March, 1902, 

 each leaving a handsome fortune in addition to their interest in 

 the works. 



A new company under the style of Premier Waterproof and 

 Rubber, Limited, will carry on the business purchased from the 

 liquidation of B. Cohen, Limited, waterproof and rubber manu- 

 facturers, at the Bromley Works, Ashley lane, Manchester. Hugo 

 W. Hassburger has been appointed managing director, and ad- 

 ditional machinery has been laid down. The company was 

 registered May 16, with £50,000 capital, of which £30,000 is in 

 preference shares. 



Claudius Ash, Sons & Co. (1905). Limited, report a profit for 

 1906 of £83,359. The dividend of S'A per cent, on the preference 

 shares, 3 per cent, on the ordinary shares for the first half of 

 1906 and 5 per cent, for the second half, amounted to £52,820 



l=$-57.548.53). Added to reserve, £17,706. The business is the 

 m.unifacture and sale of dental rubbers and other dentists' 

 materials. 



The appeal of Sirdar Rubber Co., Limited, to the House of 

 Lords, against a judgment given in the court of appeal in 1906, 

 was heard on May 14. The respondents were Wallington, 

 Weston & Co., who it was alleged had been guilty of infringing 

 the appellant's patent for a solid tire (Xo. 11,686 of 1900), but the 

 judgment given in the appeal court was upheld by the Lord High 

 Chancellor and their lordships. 



GERMANY. 



The Hannoversche Aktien-Gumniiwaren-Fabrik, in spite of the 

 long continued strike at their works, were able to pay the usual 

 dividend of 6 per cent, for the last business year, and report 

 good prospects. 



Frankfurter Asbestwerke Aktiengesellschaft (formerly Louis 

 Wertheim), at Frankfort o/M. — Accounts for the ninth business 

 year (1906) show net profits of 100,840 marks [=$24,000]. Divi- 

 dends, 7 per cent, on the capital of 1,200,000 marks ; dividends 

 in the preceding three years, 3, 6 and 5 per cent., respectively. 



Vereinigte Gummiwaren-Fabriken Harburg-Wien continue 

 active building operations at Harburg a/d Elbe. Before their 

 fire in October, 1905, drawings had been prepared for the recon- 

 struction of their factory. The destruction of several of the 

 buildings at that time called at once for a large amount of new 

 construction work, which, as it progresses, not only replaces 

 the burned out departments, but carries out the plans for a more 

 modern factory throughout. The success of the Internationale 

 Galalith-Gesellschaft Hoff & Co. has been such as to render 

 necessary a much larger building than has been devoted to it in 

 the V. G.-F. plant, and this building is to be given up to the 

 tire department, and a building for the galalith work, twice as 

 large, erected adjoining the new Harburg docks being constructed 

 as part of the harbor improvements for which the city of Ham- 

 burg is expending 57,500,000 marks. 



AUSTRIA-HUNGARY. 



Owing to the amalgamation with the Kabelfabrik Aktiengesell- 

 schaft (vormals Otto Bondy), of Vienna, of an important wire 

 drawing establishment, the name has been adopted of Kabel- 

 fabrik und Drahtindustrie Aktiengesellschaft. In addition to the 

 manufacture of hard and soft rubber goods and insulated wires, 

 the company will now produce copper, bronze, and steel wires. 



FRANCE. 



The Etablissements Boissac, at Lyons, have assumed the title 

 Societc pour I'Exploitation des Procedes Gentzch, or more 

 simply, "Compagnic Gentzch," for the exploitation of the "new 

 gutta-percha" under Gentzsch's patents. The capital is 2,300,000 

 francs [=$441,900]. 



Michelin et Cie., of Clermont-Ferrand, are reported to be the 

 owners of a rubber plantation of 1,200 hectares [=2,965 acres], 

 near Baturite, in the Brazilian state of Ceara. The trees are of 

 the "manigoba" species, or Manihol Glasiotiii. 



ITALY. 



Pirelli & Co., the important rubber manufacturers of Milan, 

 have decided to increase their capital from 7,000,000 to 10,500,000 

 lire [^$2,026,500], by the issue of 7,000 new shares of 500 lire 

 each. 



SWEDEN. 



The Svcnska Gummi-Fabriks .\ktiebolaget, makers of mechan- 

 ical rubber goods at Gislavcd, earned a gross profit in 1906 of 

 95,784 kronen [ =^$25.670. 1 1 ] and paid a dividend of 10 per cent. 

 (See The Inth.v Rubber World, November i, 1904 — page 42.] 



RUSSIA. 



The firm Pychlau & Brant, at Moscow, dealers in technical 

 (mechanical) and surgical rubber goods, has been succeeded by 

 a public company under the same style, with a capital of 400,000 

 rubles [=$206,000.] 



