206 



THE INDIA RUBBER WORLD 



[March i, 1906. 



MISHAWAKA WOOLEN MANUFACTURING CO. 



Following reports published in the West of a change of 

 control of the Mishawaka Woolen Manufacturing Co. (Mis 

 hawaka, Indiana), rumors became current in the East that 

 this important concern would be operated in future by the 

 United States Rubber Co. The India Rubber World is ad- 

 vised from Mishawaka : " There have been some changes in 

 stockholdings, but the control remains substantially where 

 it alwa3-s has been. Directors the same except Mr. A. D. 

 Warner takes the placeof Mr. Marvin Campbell on the board, 

 and general conduct and management of the business remain 

 exactly as heretofore." Colonel Samuel P. Colt, president 

 of the United States Rubber Co., when applied to at Bristol, 

 Rhode Island, by The India Rubber World, stated : " The 

 United States Rubber Co. has not obtained control of the 

 Mishawaka company. You may say, however, that the two 

 companies are interested in common in the purchase of crude 

 rubber, and that a friendly spirit exists. We are wholesome 

 business rivals, but we are not bitter antagonists. The 

 United States company has not purchased or does not con- 

 trol the Mishawaka company and reports to this effect are 

 unfounded." The directors of the company are E. A. Saun- 

 ders, president ; E. G. Eberhart, vice president and general 

 manager ; F. G. Eberhart, secretary' and superintendent ; A. 

 D. Warner, treasurer ; J. M. Studebaker, George M. Stude- 

 baker, Clement Studebaker, Jr., F. S. Fish. 



NEW YORK STOCK EXCHANGE TRANSACTIONS. 



United States Rubber Co. : 



SECOND preferred. 



Week ending— Jan. 20. Jan. 27. Feb. 3 Feb. 10. Feb. 17. Feb 24 



Sales... 6,000 6,300 2,385 3,350 1,000 860 



High.. 87^ ilVs 833/ 82 8i>^ 81 



Low... Sb'X &4'A 81 jg'yi !<)% 79% 



During the week ending January 20 a sale of 100 shares of 

 Rubber goods preferred was made at 106 J^''. 



CONSOLIDATED COTTON DUCK CO 



.At a meeting of the Consolidated Cotton Duck Co., in 

 Baltimore, on February 19, a dividend of 3 per cent, on the 

 preferred stock was declared for the six months ending De- 

 cember 31, payable April 2. It was stated that the income 

 had amounted to $4,697,180, with net earnings of $516,675. 

 The Consolidated Cotton Duck Co. have acquired the United 

 States Cotton Duck Corporation and the Mount Vernon- 

 Woodberry Cotton Duck Co., and have arranged to acquire 

 all the stock of the J. Spencer Turner Co. (New York), which 

 will hereafter dispose of all the products of the Consolidated 

 companj'. The new company has no bonded debt of its own, 

 and has $6,000,000 of 6 per cent, cumulative preferred stock 

 and $7,000,000 of common stock. Through the exchange 

 last year of securities of various companies in interest a cap- 

 italization of 336,670,000 has been converted into $21,470,000. 

 The total value of the mill properties of the Consolidated 

 Cotton Duck Co. is given at about $16,000,000, e.xclusive of 

 $1,000,000 for additional machinery recently installed. 



Starting in with three excellent grades of reclaimed rub- 

 ber the Eastern Reclaimed Rubber Co., with offices in the 

 World building. New York, and factory in Brooklyn, are 

 bidding well for the attention of the trade. The grades men- 

 tioned are Conquerer, Viking, and Regal, are made of .shoes 

 and look exceeding well. A specialty' of the new companj- 

 will also be the manufacture of reclaimed rubber to specifi- 

 cation. 



The Cincinn.\ti Rubber -Manuf.^cturin-g Co. (Cincin- 

 nati, Ohio), in issuing their Catalogue A, of Mechanical Rub- 

 ber Goods, call attention to the fact that theirs is not exactly 

 a new concern, having been incorporated to purchase the ex- 

 tensive rubber busine.ss formerly owned by the Whitman & 

 Barnes Manufacturing Co. (Akron), retaining the same man- 

 agement and working force, with such additions as are neces- 

 sary for an enlarged business. The catalogue embraces a 

 very full line of mechanical goods and molded rubber speci- 

 alties. [5X"X7>^-" 96 pages.] 



The Laurel Rubber Co. (No. 556 West Twenty-fifth 

 street. New York) intend moving their factory about May i 

 to Garfield, New Jersey. Arthur Dyer is now president of 

 the company, C. E. Wickers secretarj' and treasurer, and F. 

 A. Cigol superintendent. 



An Interesting Use for Rubber is for the shipping of 

 fulminate of mercury. This, as many know to their sorrow, is 

 extremely explosive and exceedingly sensitive to shock. It 

 is therefore shipped in paste form, in high grade bags made 

 of almost pure rubber. These bags hold about a gallon each 

 and are tied at the mouth with a string and put in a can of 

 water ; the can in turn is packed in the middle of a cask and 

 surrounded bj' elastic packing. 



Indi.\-rubber bands have their multifarious uses, but one 

 of them is not to go around electrotype plates. The sulphur 

 in the rubber acts upon the copper in such a way that in 

 time the copper is corroded and the electrotype's usefulness 

 is at an end. A simple lesson that it has cost much money 

 to learn. 



The Banigan Rubber Co., of Providence, R. I., is now distribut- 

 ing to the trade a very unique piece of advertising in the shape of 

 a bronze Medallion. It is 12 inches in diameter, lithographed in 

 rich green tones, with lettering and trade-mark of the well known 

 " Banigan Lion " in gold bronze. The medallion is made of metal 

 and is heavily embossed, bringing out in bold relief the trade- 

 mark, and making a very attractive ornament for a store or win- 

 dow. Your jobber will supply you and your trade will increase if 

 you keep the medallion in sight. 



H.we you seen the new panel being distributed by the Ameri- 

 can Rubber Co., of Boston, Mass. ? It is a companion piece to the 

 " .\merican Girl " which was so popular last year^same size, but 

 an entirely different color scheme. This is a study in brown, be- 

 ing a reproduction of a pastel drawing by a well known artist, and 

 shows the ".\merican Girl '' in front of the famous Flat Iron Build- 

 ing in New York. It is very attractive and should be in every re- 

 tailer's window that sells " American " Rubbers. 



Albert V. W. T.^llm.^n has severed his connection with Rob- 

 inson & Tallman and established himself as a broker in India- 

 rubber at Nos. 54-56 Stone street. New York. 



