96 



THE INDIA RUBBER WORLD 



[December i, 1905. 



tween debtor and creditor, such as are bound to occur fre- 

 quently and which in the past have often involved litigation, 

 involving much expense and annoying delay. I'urlher details 

 regarding the new plan may be obtained from the secretary of 

 the association at No. 320 Broadway, New York. 



NEW YORK STOCK EXCHANGE TRANSACTIONS. 

 United States Rubber Co. : 



THE SECOND PREFERRED STOCK. 



The new second preferred capital shares of the United States 

 Rabber Co., details regarding which appeared ia the last India 

 KUBUER World (page 59), were formally admitted to trading 

 on the Stock Exchange on November i. More than a dozen 

 firms interested in deliveries of the new stock met in the office 

 of E. C. Benedict & Co. (New York) on November i to settle 

 differences relating to the payment of dividends. Buyers of 

 this stock " when and as issued " asserted that the regular divi- 

 dend belonged to them, provided they bought the stock before 

 the books closed on October 21 in connection with dividend 

 payments. Holders of stock who send the new shares " when 

 and as used " thought they ought to get the dividend payable 

 October 31. The decision arrived at was in favor of the former 

 class. Stock Exchange quotations for the new shares up to 

 date have been as follows: 



Week Ending — Nov. ,j. Nov. 11. Nov. 18. Nov. 25. 



Sales 500 500 i,ioo 3,750 



High yq'/s 77 78 81 



Low 7734^ 75 75 77 



Rubber Goods Manufacturing Co, : 



DATES. 



Weekending Oct. 21 

 Week ending Oct 28 

 Week ending Nov. 4 

 Weekending Nov. 11 

 Weekending Nov. 18 

 Weekending Nov. 25 



THE COMING AUTOMOBILE SHOWS. 



The sixth National Automobile Show, at Madison Square 

 Garden, New York, will begin on Saturday evening, January 13. 

 and continue through all of the following week. The show 

 this season will be under the auspices of the Association of 

 Licensed .Automobile Manufacturers. While the list of exhib- 

 itors has not yet been given out it is understood that all the 

 spaces will be filled and that this show will as usual be of great 

 interest, not only in respect of automobiles in general but also 

 of the rubber tire production. = -This show is to be followed, 

 as usual, by an exhibition, under the same auspices, in Chicago, 

 in the week from February 3 to 10. 



The sixth annual automobile exhibition of the Automobile 

 Club of America, to be held January 13 to 20 in the new 

 Sixty-ninth Regiment Armory— Lexington avenue and Twen- 

 ty-fifth street. New York — will embody a very complete rep- 

 resentation of the motor car industry, including accessories of 

 every kind. In the allotment of space 204 concerns are repre- 

 sented, American makers being pitted against foreign, with 

 products listed at every price from the lowest to the highest. 



TRADE NEW NOTES, 



The Stockton Rubber Co. (Stockton, New Jersey), the in- 

 corporation of which was reported recently in these pages, 

 have begun work in reclaiming rubber. The plant was equipped 

 under the direction of Mr. Dominic J. Price, who, during a 

 number of years, was well known as a capable superintendent 

 of a rubber reclaiming factory and he is in charge of the man- 

 agement of the new company. The Stockton plant is equipped 

 with a view particularly to rendering production economical. 



=The directors of the Rubber Goods Manufacturing Co. on 

 November 16 declared the twenty-seventh regular quarterly 

 dividend of 1^4 per cent, on the preferrrd shares, out of earn- 

 ings, payable December 15, to shareholders of record Decem- 

 ber 5. 



= The directors of the Boston Woven Hose and Rubber Co, 

 have declared the regular semi annual dividend of $3 per share 

 on the preferred stock, payable December 1 5 to stockholders of 

 record December 5. 



= An emergency room, provided with a hospital bed and 

 other conveniences, has been provided for the shoe department 

 at the factory of the National India Rubber Co, (Bristol, Rhode 

 Island), which already has proved its usefulness, 



= The Buffalo Rubber Manufacturing Co, (Buffalo, New 

 York) are understood to have doubled their sales during the 

 past year. The company have now been in business for two 

 years, having been incorporated in 1903. by Messrs. E. L. Toy 

 and A. J. Commins, both formerly of the Alden Rubber Co., 

 and now respectively president and treasurer of the Buffalo 

 company. They manufacture various rubber specialties. 



= The Merchants' Rubber Co., Limited (Berlin, Ontario), 

 have arranged with an important jobbing house in New Zea- 

 land for the sale of their products in that colony and in Austra- 

 lia. The Merchants' company has grown steadily and its out- 

 put was reported recently to have reached 3200 pairs of boots 

 and shoes daily, 



= Mr. Wilfred A. Joubert, who for some years was engaged 

 practically in the exploitation of Balata in Dutch Guiana, has 

 accepted a position with TheOmo Manufacturing Co. (Middle- 

 town, Connecticut), who long have been users of Balata gum. 



= New Jersey. Car Spring and Rubber Co. (Jersey City) an- 

 nounce the opening of an office in Philadelphia — 330 Drexel 

 building — where they will submit samples and quotations on 

 their extensive line of mechanical rubbers. 



= The shareholders of the General Electric Co. are to vote 

 December 5 on the question of increasing the capital from 

 $48,325,500 to $54,162,750, to provide for the growth of the 

 company's business. It is reported that the business of 1905 

 will materially exceed in volume that of last year. 



= The Excelsior Hard Rubber Co. (Mineial City, Ohio) re- 

 port that they are very busy. In addition to the line of hard 

 rubber harness mountings which they have been making for 

 some years, they are now producing hard rubber bowling balls. 



= The Stamford Rubber Supply Co. (Stamford, Connecticut), 

 have established agencies for the sale of their rubber substitutes 

 as follows : Boston, No. 39 Tremont street, in charge of Earl E. 

 Davidson ; Trenton, New Jersey, in charge of E. B. Fulper.^= 

 Ya/i Alu/nni IVeekly mentions Mr. Davidson as a member of 

 the Yale class of 1900, as also was Mr. W. F. Gillespie, general 

 manager of the Stamford company. 



= The Canadian Rubber Co. of Montreal, Limited, are prob- 

 ably the largest buyers of advertising space in the Dominion. 

 During the winter months the " Canadian " rubber boots and 

 shoes are advertised in every daily and weekly newspaper in 

 Canada, from the Atlantic to the Pacific, so that no reader can 

 fail to know of these goods, AdvertisementsJ^are printed in 



