356 



THE INDIA RUBBER WORLD 



[July i, 1903. 



Virginia). Mr. Burlingham has previously been associated 

 with the Bath Iron Works, the General Electric Co., the South- 

 w.irk Machine and Foundry Co., and the Newport News Ship- 

 Building and Dry-Dock Co. He has also served on Mr. Thomas 

 A. Edison's staff at the East Orange laboratory and is a gradu- 

 ate of the Worcester Polytechnic Institute. 



= The Single Tube Automobile and Bicycle Tire Co. (New 

 York) have removed their offices to the Postal Telegraph 

 building, No. 253 Broadway. 



=The Bowers Rubber Co. (San Francisco, California) have 

 given up their store at No. 242 Purchase street, Boston. 



= Mr. A. H. Alden, of the New York Commercial Co., is now 

 in Europe, presumably studying the crude rubber situation. 



= The J. E. Davis Rubber Works Co. (Buffalo, New York), 

 whose incorporation was reported recently in this paper, are 

 already filling orders for mold work on an encouraging scale, 

 and Mr. Davis is convinced that Buffalo affords a good loca 

 tion for the manufacture and distribution of rubber goods. 



= Charles J. Butler has been elected vice president and gen- 

 eral manager of Morgan & Wright, Incorporated (Chicago) and 

 is now in personal charge of the factory. Lewis D. Parker, on 

 account of pressure of other duties, has resigned as president 

 of the company, and his successor remains to be chosen. 



= The directors of the U. S. Rubber Reclaiming Works (New 

 York) have declared a quarterly dividend of 2 per cent, on the 

 preferred stock, payable on July 1. 



= A report reaches The India Rubber World that the In- 

 sulated Wire Co., formed not long ago at Tokyo, with C. Ogi- 

 hara as superintendent, has gone out of business. 



= The Boston Belting Co. (Boston) have mailed lately to 

 their customers a pictorial advertising hanger, entitled " The 

 Original Rubber Man," that is strikingly novel and certain to 

 attract attention. The company will be pleased to supply it to 

 any dealer who may request it. 



= Mr. Basil S. Courtney, lately manager of the tire depart- 

 ment of the New York Belting and Packing Co., Limited, has 

 resigned his connection with the company, they having discon- 

 tinued the manufacture of tires. 



PERSONAL MENTION. 



Mr Lsidor Frankenburo, the founder and head of Isidor 

 Frankenburg. Limited, manufacturers of mackintoshes, insu- 

 lated wire cables, and rubber boots and shoes, and alderman 

 and justice of the peace for Salford, Manchester, England, was 

 a recent visitor to the United States and Canada, during which 

 time he favored the offices of The India RUBBER World 

 with a call. 



— One of the largest June weddings at Albany, New York, 

 this year, was that of Miss Ruth Williams Pruyn, daughter 

 of Mr. and Mrs. Robert C. Pruyn, to Mr. David Marvin Good- 

 rich, of Akron, Ohio — a son of the late Dr. B. F. Goodrich, 

 the founder of the India-rubber industry in the latter city. The 

 date of the wedding was June 2. Miss Alice Roosevelt, daughter 

 of the President of the United States, was one of the brides- 

 maids. It is understood that Mr. and Mrs. Goodrich will reside 

 in Boston. 



= A special 112 page issue of The Evening Scimitor, of Mem- 

 phis, Tennessee, on the occasion of the opening of their new 

 office building, contains many indications of the growth and 

 prosperity of that important southern city. Portraits of Messrs. 

 H. N. Towner and Paul Towner, of the rubber goods house of 

 Towner & Co., appear prominently among the sketches of 

 " Representative Business Men of Memphis." 



=iMr. John D. Carberry, assistant secretary of the United 

 States Rubber Co., is an enthusiastic philatelist, being secre- 

 tary and treasurer of the philatelic branch of the Brooklyn In- 

 stitute, which has lately installed a permanent stamp exhibit 

 that is one of the most important collections in existence. 



REVIEW OF THE CRUDE RUBBER MARKET. 



T 



HE month closes with an advance in Para goods, equal 

 in some grades to the decline recorded in these pages 

 one month ago. The situation may best be illustrated 

 by a comparative table, as follows : 



PARA. A|.ril 29. May 28. June 29. 



Islands, fine, new QO@gi S7(a88 S8(« 8i> 



Islands, fine, old Q2@93 gi@g2 



Upriver, fine, new Q2@93 gi@g2 g3@g4 



Upriver, fine, old g8@c)9 97(2>gS gS@gg 



Islands, coarse, new 59@6o 5^@57 56@57 



Islands, coarse, old @ @ @ 



Upriver, coarse, new.. .- 72(2*73 72@7f, 72@73 



Upriver, coarse, old @ @ @ 



Caucho (Peruvian) sheet 5g@6o 57@58 5<>(S>57 



Caucho (Peruvian) ball 70@7i 63@6g 70@7i 



There has been little to record in the New York market for 

 other sorts, the quotations for which are almost without 

 change, as follows : 



AFRICAN. Ikelemba 82 (083 



Sierra Leone, istqualityS2 ((883 Madagascar, pinky 7g (§>8o 



Massai. red 82 @S3 CENTRALS. 



Benguella 68 (§69 Esmeralda, sausage. . .68 (26g 



Cameroon ball 61 @62 Guayaquil, strip 62 (§63 



Gaboon flake 40 (§41 Nicaragua, scrap .. . .67 @6S 



Gaboon lump 43 (S44 Panama, slab 55 @56 



Niger paste 20 @2i Mexican, scrap 67 (§68 



Accra fljke 20 @2i Mexican, slab 55 @j6 



Accra buttons 58 @5g Mangabeira, sheet. .. .52 (853 



Accra sirips 60 (?6l EAST INDIAN. 



Lopori ball, prime. .. .82 ' Assam S? - 



Lopori strip, do ....7g @8o Borneo @ 



Receipts of rubber (including Crucho) at Pari, for the crop 



season, up to June 26— with only four days remaining to com- 

 plete the year — aggregated 29,480 tons. This amount has been 

 exceeded in only one year. The total arrivals for five years 

 past have been as follows : 



189S-99 1899-00. 1900-01. 1901-03. 1902.03. 



Tons 25.370 26,670 27,610 30.007 2g,48u* 



[* July I, 1902 June 26, 1903.] 



Late Para cables quote: 



Per Kilo. Per Kilo. 



Islands, line 5*55° Upriver, fine 6$4Co 



Islands, coarse 2$950 Upriver, coarse 4J700 



Exchange, 12 ,", T ./. 

 Last Manaos advices: 



Upriver, fine 6$2oo Upriver, coarse 4$3oo 



Exchange, I2.,y/ 



NEW YORK RUBBER PRICES FOR MAY (NEW RUBBER). 

 1903. 1902. 1901. 



Upriver, fine g>@94 71 @74% 89 @g3 



Upriver, coarse 7>($73 56 @6o 62 (865 



Islands, fine S7@gi 70 @Ti\% 85 @go 



Islands, coarse 56(3)60 45 @4g 51 @6o 



Cametti, coarse 60(864 5 1 ,' • ' " 5 3 58 (3)63 



In regard to the financial situation, Albert B. Beers (broker 

 in India-rubber, No. 58 William street, New York), advises us 

 as follows : 



"During June there has been a good supply of money on 

 call at low rates, but a very small demand for paper, and almost 

 entirely from out-of-town banks at rates ranging from $% @ 

 b% according to the grade of paper." 



