276 



THE INDIA RUBBER WORLD 



[May i, 1903. 



competition, the directors were of the opinion that, by ac- 

 cepting the terms offered by the association, more than the 

 capital subscribed by the shareholders could be returned to 

 the latter. 



= Although the net profit of f. Mandeberg & Co., Limited, 

 mackintosh manufacturers at Manchester, was smaller for the 

 last business year than for the preceding year — ,£35.500 against 

 ,£46,000— the rate of dividend is the same, 17)^ per cent. Only 

 ^10,000 is placed to reserve, however, against ,£15,000 in the 

 preceding year, and ^5000 less is carried forward. 



= The United States Rubber Co.'s London depot was among 

 the successful bidders recently for supplying waterproof coats 

 for the employes of the tramway service in Glasgow, which is 

 operated by the city. 



= The Clyde Rubber Works Co., Limited (Glasgow) purpose 

 erecting new and larger buildings than they now occupy, on 

 five acres of land lately acquired. 



= The Peter Union Tyre Works, 27-29, Rosebary avenue, 

 E. C, is a new establishment in London, devoted to the sale of 

 mechanical rubber goods and solid tires made by Louis Peter, 

 Mitteldeutsche Gummiwaaren- Fabrik, Frankfort o/M., Ger- 

 many. 



= The W. T. Henley's Telegraph Works Co., Limited (Lon- 

 don), have purchased about 30 acres of land at Greenhithe 

 (Kent) for the erection of new cable works. 



= A show room for the shoes manufactured by the Bourn 

 Rubber Co. (Providence, Rhode Island) has been opened by 

 W. H. Levy at 34, Hatton garden, London. 

 GERMANY. 



The Gummi Zeitung notes that the substitute for Gutta- 

 petcha patented by Adolpli Gentsch, of Vienna, the manufac- 

 ture of which has been taken up by Fellen & Guillaume for the 

 continent and The New Gutta-Percha Co., Limited, in Great 

 Britain, " is not the product called ' New Gutta,' made by the 

 firm of Gentsch & Heise. and known to our readers for years." 



-=The dividend for the past business year of the Hannover- 

 sche ActienGummiwaaren-Fabrik (Hanover) will be 10 per 

 cent.--the same as for the preceding year. The business makes 

 a good showing, but borse quotations for the shares lately have 

 shown a marked decline — attributed in some quarters to a 

 heavy shareholder being forced to realize on his holdings. 



= The dividend of C. Miiller, Gummiwaaren-Fabrik-Aktien- 

 gesellschalt (Berlin), is 9 per cent., the same as in 1900-01. 

 The directors again report favorable prospects. 



= lt is reported that a company is in course of formation in 

 Hamburg for the purpose of establishing large new works for 

 the manufacture of electric cables. 



= The twenty-fifth business anniversary of Blodner & Vier- 

 schrodt. manufacturers of hose and rubber goods at Gotha, was 

 celebrated on March 16, when substantial presents of money 

 were made to the workmen. 



= Hartmann & Braun, Aktiengesellschaft (Frankfort o/M.) 

 report a net gain for last year of 170,434 marks, after writing 

 off 109 000 marks and placing 27.000 marks to reserve, allowing 

 a dividend of 7 per cent. Last year's dividend was S per cent. 



= The stand at the Continental Caoutchouc- und Gutta- 

 percha Co., at the recent International Motor Exhibition at Ber- 

 lin is reported to have been examined with much interest by 

 the Kaiser, who is known to take much interest in everything 

 pertaining to automobiles. 



BELGIUM. 



On the night of March 15, the machine house of the Manu- 

 facture Generale de Caoutchouc de la Meuse, at Slessin, near 

 Lidge, was destroyed by an incendiary fire. The loss was cov- 

 ered by insurance. 



INDIA-RUBBER GOODS IN COMMERCE. 



EXPORTS FROM THE UNITED STATES. 



OFFICIAL statement of values for February, 1903. and the 

 first eight months of four fiscal years, beginning July 1, 

 not including exports to Hawaii and Porto Rico: 



Pairs of rubber footwear exported during the same periods: 

 1898-99 1899-00. 1900-01. 1901-02. 1^02-03. 



3^2,008 530,071 1,268,585 2.272,282 2,030,21s 



RUBBER GOODS EXPORTS FROM NEW YORK.. 

 Values during five weeks ended March 31. 1903 : 



The exports of such goods from New York amount usually to 

 60 per cent, of the total from the United States. 



DUTY ON IMPORTED RUBBER BIT COVERS. 

 Veil Brothers (New York) imported between December, 

 1900, and March, 1902, several lots of goods described as 

 " Hancock's patent rubber A 1 curl bit mouth cover," which 

 was charged for duty as " saddlery and harness and parts of, 

 either finished or unfinished," at 45 per cent, ad valorem. The 

 importers claimed the goods to be rubber tubing, and dutiable at 

 the rate of 30 per cent, as " manufactures of rubber." The gen- 

 eral appraisers at New York April 9, 1903. decided : " Sheets 

 of rubber about 6 inches in length and the same in width, 

 rolled tubular in form, used to cover the portion of the metal 

 bit entering a horse's mouth as a protection to the latter, de- 

 tachable, and ready to be further shaped to fit any bit and suit- 

 able for no other purpose, are properly dutiable at the rate of, 

 45 per cent, ad valorem as 'saddlery and harness and parts of, 

 either finished or unfinished,' under the provisions of para- 

 graph 447. tariff act of July 24, 1897." 



VACUUM DRYING OF RUBBER. 



THE vacuum drying process for crude rubber is finding 

 recognition right and left both, for rubber and materials 

 used in rubber compounding. By the use of this apparatus it 

 takes only about two hours to extract moisture from wet mat- 

 erials, and beside the saving in time there is a considerable 

 improvement in the quality of the goods. ' This is owing both 

 to the vacuum and to the low temperature employed. The 

 American Vacuum Drying Machine Co., No. 120 Liberty street, 

 New York, who have introduced this mechanism, are to be 

 congratulated. 



