112 



THE INDIA RUBBER WORLD 



[December i, 1908. 



BOSTON RUBBER HOSE AND RUBBER CO. 



The Boston Woven Hose and Rubber Co. have filed with the 

 secretary of state of Massachusetts a statement of their financia! 

 condition, as required by the statutes, for their business year end- 

 ing August 31, 1908, the details of which are reproduced below, 

 in comparison with which are given here also the figures for the 

 two years preceding : 



Year Ending August 31, 1906. 



assets. 



$1,668,126.18 



Cash $188,128.74 



Cash advanced for goods not yet received.... 28,419.01 



Accounts leceivable 499,9g6.32 



Merchandise, including raw material 501.582. 11 



Machinery and tools 244,848.00 



Land and buildings 205,150.00 



Furniture and patents 2.00 



LIABILITIES. 



Capital stock $1,200,000.00 



Loans None 



Accounts payable 10,604.72 



Guarantee account and profit and loss 457,521.46 $1,668,126.18 



Year Ending August 31, 1907. 



ASSETS. 



Patents 



Office furniture 



Land and buildings, September i, 1906 



Added during year: 



Cambridge land $136,102.70 



Cambridge buildings 30,140.80 



Plymouth 5,529.00 



New hose building 14.075.40 



New foundry building 8,777.40 



Machinery and tools, September i, 1906 



Added during year: 



Machinery, Cambridge $93,649.48 



Machinery, Plymouth 22,183.33 



Cash 



Accounts receivable 



Inventory (60 p'er cent, raw material) 



$1.00 



1.00 



,150.00 



194, 

 244i 



IIS 

 68 



625.30 

 848.00 



,832.81 

 ,982.22 

 ,443.85 

 ,516.94 



LIABILITIES. 

 Capital stock, preferred . . . 



Capital stock, common 



Loans 



Accounts payable 



Surplus (for common stock) 



Net sales for year ending August 31, 1907 



Net earnings for year ending August 31, 1907. 

 Quick assets 



Year Ending August 31, 1908. 



ASSETS. 



Patents 



Office furniture 



Land and buildings, September i, 1907 



Added during year: 



To complete hose buildings $95,252.14 



To complete shipping and storage building. . 



To complete foundry 



Plymouth 



New construction 



Amount charged off to date 



Machinery and tools, September i, 1907.... 



Added during year: 



Machinery, Cambridge $144,442.25 



Machinery, Plymouth 3,177.72 



Amount charged off to date $317,288.26 



Cash 



Accounts receivable 



Inventory 



$2,152,401.12 



$750,000.00 



450,000.00 



360,000.00 



22,865.20 



569,535.92 



$2,152,401.12 



$2,744,705.68 



200,961.29 



1. 391. 943-01 



$1.00 

 1. 00 



399.775.30 



171,045.41 

 17,290.43 

 51,273.80 

 51,162.63 

 93,229.18 



LIABILITIES. 

 Capital stock, preferred 

 Capital stock, common . 



Loans 



Accounts payable 



Surplus 



386,024.41 

 360,680.81 



147,619.97 



77.984.35 

 467,564.05 

 574,113.69 



$2,513,764.58 



$750,000.00 



450,000.00 



695,000.00 



43.669.33 



575,095.25 



$2,513,764-58 

 SALE OF A RUBBER CEMENT PLANT. 



George C. Brice, who in May last was made trustee in bank- 

 ruptcy of the National Cement and Rubber Manufacturing Co. 

 (Toledo, Ohio), on November 11 offered the property of the 

 company for sale. The purchasers were the Continental Trust 

 and Savings Bank Co., of Toledo, who now hold all the real 

 estate and machinery included, for re-sale. The business re- 

 ferred to was an outgrowth of the manufacture of tire repair 

 outfits and the like by Arlington U. Betts & Co., of Toledo, 

 which was conducted for a number of 5'ears, being incorporated 

 later successively as the Red Cross Rubber Co., the Red Cross 

 Rubber and Cement Co., J. E. Bancroft & Co., and in 1897, the 



National Cement and Rubber Manufacturing Co. It is inter- 

 esting to note that for more than 10 years three of the five of 

 the corporations of the National company have continued with 

 the business in an official capacity — Dean V. R. Manley, James 

 E. Bancroft and Edward P. Hubbell. Mr. Betts, by the way, 

 joined the United States army, went to the Philippines, and was 

 last heard from by his friends in America as governor of the 

 province of Albay, out there. 



NEW YORK BRANCH OF THE DIAMOND COMPANY. 



The Diamond Rubber Co. (Akron, Ohio) have closed their 

 downtown branch in New York, long maintained at 78 Reade 

 street, and devoted latterly to their mechanical goods products, 

 and consolidated their business at their newer uptown branch, 

 1876 Broadway, opened originally for their tire trade alone. 

 The personnel of their New York branch now consists of Har- 



Iltlji f 5»8 ;N'» j'i*'' ^^^ i^ i«n' 



|s»j|iiiii [fmn rii^i .im^ ]¥mK 



The Diamond Rubber Co.'s New York Branch. 



vey J. Woodard, general manager; T. S. Lindsey, office manager; 

 J. J. Jordan, sales manager; W. R. Bliss, manager mechanical 

 department; E. B. Williams, manager solid tire department and 

 truck department, and F. A. Lidle, manager hard rubber depart- 

 ment. The business of the company in New York is conducted 

 by the Diamond Rubber Co. of New York, a separate corporation 

 which controls also the business of the Boston branch. 



TRADE NEWS NOTES. 



The directors of the Boston Woven Hose and Rubber Co. 

 have declared a semi-annual dividend of $3 per share on the pre- 

 ferred stock, payable December 15, 1908, to stockholders of 

 record December 5, 1908. 



The Manufacturers' Rubber Co. (Philadelphia) have declared 

 the regularly quarterly dividend of iji per cent, (iu the pre- 

 ferred shares, payable on December i. 



The Consumers' Rubber Co., an important jobbing firm of 

 Cleveland, Ohio, were awarded recently a contract for 5,000 

 feet of fire hose for the fire department of that city. 



The Boston Woven Hose and Rubber Co. are rebuilding the 

 brick structure, a part of their reclaiming plant at Chiltonville, 

 Massachusetts, the undermining of which during a recent storm 

 was mentioned in the last India Rubber World. 



The coupons due regularly on the first mortgage 6 per cent. 

 bonds of the Safety Insulated Wire and Cable Co. (New York) 

 were payable on and after November 2 at the office of the 

 Knickerbocker Trust Co. 



The United States treasury department authorizes a drawback 

 on the duties on imported spring steel used in rubber and steel 

 truss springs made by the Vulcanized Rubber Co. (New York), 

 equal to the amount of duty paid on such steel, less the legal 

 deduction of i per cent, applicable, of course, where the trusses 

 referred to are imported. 



An interesting feature of the recent celebration of the isoth 

 anniversary of Pittsburg was an industrial and commercial 

 parade, one of the "floats" in which represented the wholesale 

 shoe firm of Wagner Brothers, large distributors of the Wales- 

 Goodyear Shoe Co.'s "Bear Brand" of rubbers. The float em- 

 braced a life-sized representation of a polar bear, which, since 

 the celebration, has done advertising duty in Wagner Brothers' 

 window. 



