350 



THE INDIA RUBBER WORLD 



[August i, 1907. 



RUBBER INTERESTS IN EUROPE. 



GOOD PEOFITS IN LINOLEUM. 



AT the thirteenth annual meeting of the Greenwich Inlai<l 

 Linoleum Co., Limited (London, May 29), working Fred- 

 erick "Walton's new patents, the year's accounts showed a net 



■'profit of i76,i25 12s. Ild. [=$370,465.45]. The results \yerc the 

 bes\ they had ever had, despite the advances during the year in 



. nfisis'ed oil and cork. Dividends — 5V« per cent, on the preference 

 capital (iioo.ooo) and 15 per cent, on the ordinary (£240,000) — 



''absorbed £41,500; debenture interest, £5,400; added to reserves, 

 £20,000; carried forward, £7,725. The meeting was presided over 

 by the company's chairman, Sir William Treloar, J. P., lord 

 mayor of London. 



I SILVERTOWN EMPLOYES' PICNIC. 



The employes of The India-Rubber, Gutta-Percha and Tele- 

 graph Works Co., Limited (Silvertown, London), to the number 

 of 850, enjoyed their eleventh annual summer excursion on 

 June 29, going this year by special train to Clacton-on-Sea. 

 Arrangements had been made for the admission of the visitors 

 to many of the amusement resorts at Clacton free, and to the 

 others at half price. Boating and bathing were indulged in by 

 many of the party and the "Works" played the Clacton Cricket 

 Club, the visitors losing. Altogether the excursionists spent 11 

 hours in Clacton, forming what a local paper calls "a strenuous 

 day's sightseeing," and by all accounts it was thoroughly en- 

 joyed. GREAT BRITAIN. 



At the half yearly general meeting of The India-Rubber, Gutta- 

 Percha and Telegraph Works Co., Limited (London, June 18), 

 the chairman reported an increase of sales, but it was not cer- 

 tain that the year would show proportionately larger profits. 

 The company had made and were laying a new cable from New 

 York to Colon, via Havana. He referred to the company's suc- 

 cessful use of the new tire making machine [described in The 

 India Rubber World, June i — 283]. An interim dividend of 

 2% per cent, on the ordinary shares was declared. 



The Sirdar Rubber Co., Limited (London), have received a 

 large order for their pneumatic tires, both grooved, non-slipping 

 and plain, for the Sultan of Johore, in the Malay peninsula, 

 who is the owner of 15 motor cars, and whose tire expense 

 bills have been reported to be very heavy. 



The New Gutta-Percha Co., Limited, of London, are putting 

 in plant for the manufacture of cables insulated with "Gentsch 

 gutta," for which they hold the British patent rights. [See The 

 India Rubber World, January i, 1905 — page 131.] A. E. Gar- 

 buth, hitherto with the cable department of I. Frankenburg & 

 Sons, Limited (Salford), has resigned to become general man- 

 ager of The New Gutta-Percha Co. 



The Unity Rubber Co., Limited, operating the plant at Wood- 

 ley, Cheshire, known formerly as the Hyde Rubber Works, have 

 gone extensively into the manufacture of solid rubber tires. The 

 controlling interest is held by J. Mandleberg & Co., Limited, of 

 Pendleton, Manchester. 



Colonel Richard K. Birley, managing director of Charles 

 Macintosh & Co., Limited (Manchester), is on the board of the 

 Beaufort Borneo Rubber Co., Limited, registered in London 

 with £100,000 [^$486,650] capital, to plant rubber in British 

 North Borneo. 



The Cape Asbestos Co., Limited (London), manufacturers of 

 asbestos insulating materials, report net profits for the past year 

 of £6,270, as against £1,828 for the year preceding, and this re- 

 duces the outstanding credit balance of £17,571 to £11,301. 



Claudius Ash, Sons & Co. (1905), Limited, the extensive manu- 

 facturers of dental goods [see The India Rubber World, July 

 I, 1907 — page 321], will have a predominating interest in the new 

 Platinum Corporation, Limited, capitalized at £300,000, formed 

 to acquire valuable platinum and gold concessions in Russia, com- 

 prising 15,000 acres. 



The profit of the Craigpark Electric Cable Co., Limited (Glas- 

 gow), for the past business year amount to £6,443, as compared 

 with £4,223, the three previous years' average. The usual divi- 

 dend (6 per cent.) on the preferred shares was paid and 6 per 

 cent, on the ordinary shares. The last previous ordinary divi- 

 dend, 5 per cent., was paid in 1903. 



GERMANY. 



Asbest- u. Gummiwerke Alfred Calmon, A.-G., at Hamburg, 

 report for the last business year gross profits of 996,095 marks, 

 as against 739,428 marks for the year before. The net profit was 

 421,579 marks, of which 360,000 marks go to pay 6 per cent, on 

 the capital of 6,000,000 marks [=$1,428,000]. 



The German rubber manufacturers have scored a victory in 

 respect of the import duties on benzine. They have had to pay 

 a duty of 3 shillings per hundred weight, while benzine imported 

 from Austria, Hungary, or Roumania, for motor purposes, was 

 charged i shilling for only light benzine, and the heavy sorts, 

 which the rubber goods maker finds the most useful, could be 

 imported duty free for motoring purposes. The result of agita- 

 tion has been not only that the limit of specific gravity not to be 

 exceeded for duty free benzine has been raised from 0.77 to 0.805, 

 but the duty for such benzines is removed for the rubber in- 

 dustry as well as for motor folk. 



Exports of india-rubber goods from Leipzig to the United 

 States during the calendar year 1906 amounted in value to $28,- 

 472, and in 1905 to $16,447, according to the United States consul 

 at Leipzig. 



The Mannheimer Gummi-, Guttapercha- und Asbest-Fabrik 

 A.-G. have bought land for 36,000 marks at Kirchbein, near 

 Heidelberg, with a view possibly to the removal of their works 

 to that place. 



Otto Oloflf, lately with the Mannheimer Gummi-, Guttapercha- 

 und Asbest-Fabrik A.-G., has been made general director of the 

 Frankfurter Gummiwaren-Fabrik Carl Stockicht .^.-G., at Frank- 

 fort O/M. AUSTRIA-HUNGARY. 



The Ungarische Gummiwaren-Fabriks Aktiengesellschaft, at 

 Budapest, capitalized at 1,600,000 kroner [^=$324,800], paid a divi- 

 dend of II per cent., against 10 per cent, for the preceding 

 year. The capital is to be increased to 2,500,000 kroner 

 [=$507,500]. 



At the eighteenth annual meeting of shareholders of the 

 Oesterreichisch-Amerikanische Gummifabriks Aktiengesellschaft, 

 at Vienna, under the presidency of Hugo Markus, it was voted to 

 increase the capital to 4,000,000 kroner [=$812,000] by the issue, 

 at par, of 2,500 shares of 400 kroner each. 



BELGIITM. 



Capt.mn Vitta, the director in Africa of the Cie. Industrielle 

 et de Transports au Stanley Pool "Citas," operating in rubber 

 on the Congo, has been visiting the headquarters of the com- 

 pany at Brussels, where recently there was conferred upon him 

 the decoration of chevalier of the royal Order of the Lion. At 

 the same time the direction of the company "Citas" tendered a 

 banquet to Captain Vitta, at which he was complimented upon 

 his work in Africa and presented with a jeweled memento of the 

 occasion. Captain Vitta has spent 14 years in the Congo region, 

 having served two terms in the service of the Free State and 

 si.x years in that of "Citas." The director of this company in 

 Belgium is Mons. Edmond Hinck, who also is a director in the 

 American Congo Co. 



Societe Beige pour la Fabrication des Cables et fils Electriques, 

 S. A., of Brussels, with works at Buysinghen, have increased 

 their capital to 1,000,000 francs [=$193,000]. 



SWEDEN. 



Imports of crude rubber in 1905 amount to 828,921 kilograms 

 [=1,823,626 pounds]. Value of imports of rubber goods, 3,286,516 

 kronen [=$88,478.63] ; value of rubber goods exported, mostly 

 footwear, 5,160,543 kronen [=$138,302.55]. 



