September i, 1903.] 



THE INDIA RUBBER WORLD 



431 



The annual meeting of the Firestone Tire and Rubber Co. 

 was held Saturday, August 15, resulting in the reflection of 

 the board and officers, as follows: Directors: H. S. Firestone 

 and Will Christy of Akron ; F. O. Sawyer, St. Louis ; Amos B. 

 Miller, Chicago; and Dr. L. E. Sisler, Akron. Officers: II. S. 

 Firestone, president; Will Christy, vice president; Dr. L. E. 

 Sisler, secretary and treasurer. 



Richard Ward, of Akron, has accepted a position with the 

 Rubber Specialty Co. (New Brunswick, N. J.) and left for that 

 place on August iS. Mrs. Ward is a well known musician of 

 this city and for the past year has sung in a number of the 

 New York churches. 



Messrs. H. S. Firestone, president of the Firestone company, 

 and F. O. Sawyer of St. Louis, a stockholder in the company, 

 were in New York recently, where they went to superintend 

 the fitting of a big truck with eight inch tires made by the com- 

 pany, and which are said to be the largest solid rubber tires 

 ever turned out. 



THE RUBBER TRADE IN TRENTON. 



BY t R.1 [DENT CORRESPONDENT. 



TO 1 he Editor of The India Rubber World: The 

 Dyson Rubber Co., of Trenton, was incorporated under 

 New Jersey laws on August 1 1, with $25, 000 capital authorized, 

 to make matting and other molded goods of rubber. The in- 

 corporators are George S. Dyson, late of the Dyson & Lawshe 

 Rubber Co. (Trenton), Ellen Dyson, and Randolph M. Drake, 

 late of R. M. Drake & Co., brick makers. A substantial brick 

 building has been leased from Mr. Drake, at May and Beakes 

 streets, and rubber machinery is being installed with a view to 

 beginning work in October. Mr. Dyson is a practical rubber 

 man of several years experience. 



The retirement of Mr. Dyson from the Dyson & Lawshe 

 Rubber Co., of which he was vice president, will make a reor- 

 ganization necessary. John J. Cook is president and J. M. 

 Lawshe secretary, treasurer, and general manager. The com- 

 pany was incorporated in 1902 to make a line of molded goods 

 in rubber and has had a good business, only lately installing a 

 new press and making other improvements. 



Mr. W. Holt Apgar, president of the Reliance Rubber Man- 

 ufacturing Co., is grand master of the Grand Lodge of the State 

 of New Jersey, and took part in the Masonic ceremonies at the 

 laying of the corner stone of the Union County courthouse, at 

 Elizabeth, on July 30, and of the new city hall at Newark on 

 August 5. Mr. Apgar presided at the annual banquet of the 

 Grand Lodge at Pleasure Bay, on August 6. 



The New Jersey Rubber Co., at Lambertville, have greatly 

 increased the efficiency of their reclaiming plant. Machinery 

 has been installed for a new process, whereby the company 

 claim to be able to produce the cleanest reclaimed rubber on 

 the market. There have also been added a Bates-Corliss en- 

 gine and a 500 HP. Cookson improved feed water heater, puri- 

 fier, filter, and oil separator. The storehouse, a brick structure 

 81X45 ' eel - has been raised from one story to three, and the 

 first story provided with a granolithic floor. The two upper 

 floors are used for storing raw material. The Hon. P. V. Voor- 

 hees, president of the company, has spent the summer at Po- 

 land Springs, Maine, and Mr. Edward R. Solliday, vice presi- 

 dent, at Asbury Park, New Jersey. 



Mr. John S. Broughton, general manager of the United and 

 Globe Rubber Manufacturing Cos., and a leading member of 

 the Country Club, is an enthusiastic automobilist and drives a 

 speedy machine. 



THE TEXTILE GOODS MARKET. 



THIS is a vital period in the textile trade, and there is there- 

 fore considerable interest shown in the market for both 

 raw material and finished goods. The cotton year closed with 

 August 31, and the cotton grower as well as the manufacturer 

 is looking, as it were, both ways. That is, he is indulging in 

 retrospective glances and anticipations of the future. Since the 

 last issue of The India Rubber World the market (or cotton 

 has not undergone any radical change, the manipulators having 

 continued their speculative tactics through the entire month, 

 and conditions are about as the conservative manufacturer ex- 

 pected they would be at the close of the cotton year. The price 

 of spot cotton is 3;V cents higher than it was a year ago this 

 date, and while there is nothing very definite as yet to base cal- 

 culations on, the cost of the new crop cotton is expected to 

 come within the range of loyi @ n>£ cents. At this writing 

 a considerable quantity is being bought in the South at the lat- 

 ter quotation, while some mills are paying 12 cents. It has 

 been a long time since the stock of cotton, either in the South 

 or elsewhere in this country, has been so thoroughly cleaned up 

 as now. It stands to reason, therefore, that there will be a gen- 

 eral stampede for cotton as soon as the new crop is marketed, 

 and that full prices will be paid. Heavy rains and lack of sun- 

 shine for the past few weeks have retarded the growth of the 

 crop over a large part of the central and eastern cotton dis- 

 tricts, while in other sections too much stalk, excessive shed- 

 ding, and rust are reported. The plant, however, is generally 

 fruited throughout the belt. In some parts of Texas the boll 

 weevil is doing much damage. A little picking has been done 

 throughout the southern portions of the belt, but this work is 

 not general as yet. In view of the strong statistical position to- 

 gether with the hazardous conditions of the coming three 

 months through which the new crop will have to be carried be- 

 fore a reasonably safe estimate as to the yield of 1903-1904 can 

 be made, there is no good reason for the price to be as low as it 

 was in the fall of 1902. On the other hand, there is ample 

 cause, as now shown, why the prices during the coming cotton 

 season should range higher. 



The following table gives the price of cotton middling upland 

 spots at the ports of New York, New Orleans, and Liverpool : 



New York. New Orleans. Liverpool. 



August 6 12 3/ cents I2 3 4 ' cents b.bzJ 



August 13 12}^ cents I2$i cents 6.&4J 



August 20 12 3/ cents I2|s cents 6.70a' 



August 27 .. 12 3/ cents 12^2 cents b.Sod 



The curtailment begun by manufacturers of cotton duck and 

 sheeting several weeks ago has been carried on in all parts of 

 the country, so that probably never before has there been such 

 a restricted output of finished cloth because of the high cost 

 and scarcity of cotton. Speculators have been reporting sales 

 of cotton to spinners, but as the mills are using very little ma- 

 terial, there is reason to question the accuracy of this announce- 

 ment. In every instance the manufacturers have given as the 

 reason for such curtailment that they were not warranted in 

 paying the high price for cotton with the goods market on its 

 present basis, and consumers determined not to pay more. The 

 basis of prices on which the mills estimate that they can make 

 a reasonable profit is such that raw cotton must be purchased 

 at 10 @ n/^cents, which would keep goods ata parity with the 

 staple. 



The consumption of textiles by the rubber trade during the 

 past year surpasses that of any previous twelve months. A 

 year ago the rubber manufacturers placed heavier orders than 

 ever before, and they have had use for every pound of duck 

 contracted for. Few of the mills, have had enough raw cotton 



