JULV I, 1909.] 



THE INDIA RUBBER WORLD 



369 



THE VICTOR RUBBER CO.— NEW FACTORY. 



The new plant of the Victor Rubber Co. (Springfield, Ohio), 

 succeeding that which was burned last year, is now practically 

 complete. Part of it has been in operation since February. The 

 new plant is of concrete, one story high, laid out in such a 

 manner that additions can be laid out without departing from 

 the general plan. As the building stands, the capacity is about 

 double the old plant. The equipment of machinery is of the 

 •most modern type. The multiple presses are operated by a sys- 

 tem of low and high pressure hydraulic accumulators, which are 

 fed automatically, the operators controlling the presses by a sys- 



New Pl.\n"t of Victor Rubber Co. (Stringfielu, Ohio.) 



tem of valves. The power plant includes a 400 hp. Hamilton- 

 Corliss tandem compound condensing engine, and boilers of 

 the Heine water tube type. The factory is convenient to three 

 railway lines, and is only ten minutes from the center of the city. 



DIVIDENDS DECLARED. 



The board of directors of Rubber Goods Manufacturing 

 Co. on June 2 declared the forty-first regular quarterly divi- 

 dend of iJ4 per cent, on their preferred stock, from earnings, 

 payable June 15, 



The directors of the Boston Woven Hose and Rubber Co. 

 declared a regular quarterly dividend of $2 per share on the 

 common stock, payable June 15, 1909. The dividends on the com- 

 mon stock are to be paid quarterly instead of semi-annually 

 hereafter. 



■The directors of Canadian General Electric Co., Limited, 

 declared the quarterly dividend of 1^4 per cent., payable 

 July I. 



Boston Belting Co. will pay the regular (|uartcrly dividend 

 (No. 159) of $.i per share on July i to stockh.oldcrs of record 

 June 15. 



The Canadian Consolidated Rubber Co., Limited, have de- 

 clared an initial quarterly dividend of I per cent, on the com- 

 mon stock, also the regular quarterly dividend of ij^ per cent, on 

 the preferred stock, payable July 2 to holders of record June 28. 



CANADIAN MINERAL RUBBER CO. 



There was issued recently in London £170,000 [=$827,305] 

 6 per cent, first mortgage debenture stock of the Canadian 

 Mineral Rubber Co., Limited, incorporated under the laws 

 of the Dominion with an authorized capital of $1,500,000, of 

 which $200,000 in 6 per cent, preferred stock and $800,000 

 common stock liavc been issued. The debentures mentioned 

 are part of a certain authorized issue to be secured by a first 

 mortgage on certain valuable gilsonite and bituminous lime- 

 stone mines in the state of Utah, and all the issued shares of 

 the American Asphaltum and Rubber Co., of Chicago. The 

 principal products of the company are insulating compounds 



for electric wires, battery bells and the like; pipe coatings; 

 floor mastic for floors and courtyards; street pavements such 

 as have been laid in Chicago, Cleveland, Pittsburgh, and 

 other American cities; asphalt fillers for reservoirs and other 

 like construction; and roofing material. One of the directors 

 of the Canadian company is J. F. Hill, president of the Ameri- 

 can Asphaltum and Rubber Co., and the other members of 

 the board are residents in Canada. It is stated that the pro- 

 ceeds of the new issue are to be devoted to pushing the busi- 

 ness of the company in Canada and Mexico. 



TRADE NEWS NOTES. 



An oflfcring of securities at public auction in New York on 

 June 16 included 250' shares of Apslcy Rubber Co. (Hudson, 

 Massachusetts), which realized $100 per share. 



Non-Puncture Inner Casing Co., May i, 1909, under the laws 

 of California ; capital, $10,000. Incorporators : Isaac Andrews, 

 William H. Council and Clyde Welsh. 



Creditors of Richard H. Probert, sometime manufacturer of 

 rubber machinery at Akron, Ohio, were notified by the referee 

 in bankruptcy to appear on June 26 to receive his final report in 

 the matter. 



The Brockton Die Co. (Brockton, Massachusetts) have es- 

 i.iblished a branch at Nos 149-151 Huron street, Chicago, for 

 the accommodation of their Western trade. It is uihder the 

 management of J. Headsten. 



Three suits for $10,000 damages each have been filed against 

 F. N. Taylor, of Fairfield, Nebraska, by three officials of the 

 Peru-Para Rubber Co., with offices at No. 53 Clark street, Chi- 

 cago. They allege that Taylor in a circular sent out to share- 

 holders of the company made false charges of mismanagement of 

 the company's property in South America. 



MR. J. G. WHITELEY KNIGHTED. 



Mr. James Gustavus Whiteley, of Baltimore, who, since 

 1904, has filled the position first of consul and later of 

 consul-general of the Congo Free State in the United States, 

 has been made a knight of the Royal 

 Order of the Crown by King Leopold, 

 in recognition of his past services and as 

 a mark of his Majesty's esteem. Cardi- 

 nal Gibbons was decorated with the same 

 order by King Leopold about a year ago. 

 Since the Congo has been annexed by 

 Belgium as a colony Mr. Whiteley's offi- 

 cial functions have ceased, but he is still 

 connected with various Congo conces- 

 sionaire companies and will be engaged 

 unofficially in the development of the 

 Congo. He is a director in the Socictc Internationale F'orestiere 

 et Miniere du Congo, one of the Congo companies in which 

 American capital is interested. 



BATEMAN— MAGOWAN. 



At Trenton, New Jersey, on June 5, Miss Elizabeth L. 

 Magowan, daughter of ex-Mayor Frank A. Magowan, was 

 married to Henry T. Bateman, of Philadelphia. The cere- 

 mony was performed by the Rev. Hugh B. MacCauley, pastor 

 of the Fourth Presbyterian Church. The bride was given in 

 marriage by her brother, Frank A. Magowan, Jr. 



PERSONAL MENTION. 



Mr. William IT. Moore, one of the new directors of the 

 United States Rubber Co., has long been an enthusiastic sup- 

 porter of horse shows in America. During the past month he 

 headed the list of winning owners at the International Horse 

 Show in London, and was summoned by the King to receive his 

 congratulations. The team driven by Mr. Moore was second in 

 the coaching Marathon, in connection with the horse show, on 

 June 14. Mr. Moore's private stable is one of the most notable 

 in New York. 



