90 



THE INDIA RUBBER WORLD 



[Decemhek I, 1904. 



proper to call your attention to it. We intend to push the rubber end of 

 the plantation improvement vigorously also. In addition we are en- 

 gaged in the cattle business, having 12,000 head of cattle on the planta- 

 tion now and about 6000 acres of cattle pastures developed. 



RUBBER AND TEA IN CEYLON. 

 If by what a correspondent tells us fsays The Times of Cey- 

 lon] be not exaggerated, some few estates in Kalutara and 

 Kelani Valley will, before many years have passed, have to de- 

 cide whether thev intend to continue cultivating tea or rubber, 

 so thickly has the latter been planted, at all events in certain 

 fields. We take it, however, that when the time comes to de- 

 cide this knotty point, it will not be so difficult as it might be 

 to-day. Rubber ought not to interfere very greatly with the 

 yield of tea till past its third year, and the great bulk of the 

 rubber in those two districts is not yet as old as that, so far at 

 all events as the trees planted through the tea are concerned. 

 That the decision will have to be made sooner or later by all 

 those who have planted rubber 15 ^ 15 through their tea is cer- 

 tain enough, for land cannot permanently carry two products, 

 if oiie of those is rubber. But there will be time enough to set- 

 tle the question later on. 



SEI.ANGOR RUBBER CO.. LIMITED. 

 This company was floated in Great Britain in 1899, with 

 headquarters at Glasgow, with ^'26000 capital, in ^i shares, 

 all of which has been issued. The company purchased 5600 

 acres, north of the Klang river, in Selangor, for ;£6ooo. After 

 selling 200 acres to the government for an experimental 

 garden, Mr. VV. W. Bailey, the company's manager, advised the 

 purchase of 591 acres adjoining, which was done. The sellers 

 elected to take a considerable part of their payment in shares, 

 at £2 los. each, for which purpose, and to provide additional 

 working capital, the capital of the company was increased by 

 ^^4000, making a total of A30.OG0 [ = §145.995]. Shares have 

 been known to change hands at a price as high as ^3 2s. 6ii. 

 A Colombo newspaper mentions a well known Ceylon planter as 

 holding 6000 shares of this company, for which he has refused 

 _£3 per share, and several important members of the Straits 

 government are reported to hold shares. [See The India 

 Rubber World, May, 1904 (page 272), and September i, 1904 

 (page 409).] 



TO PLANT RUBBER IN NICARAGUA. 



El Rey Rubber Plantation Co. was incorporated October 7, 

 1904, under the laws of Massachusetts, with §00,000 capital. 

 The list of incorporators includes Alfred C. Adler, of Waltham, 

 Mass., whose interest in " La Victoria " and " El Triunfo " rub- 

 ber plantations, at La Paz, Nicaragua has been reported hith- 

 erto in The India Rubber World. Owing to the results at- 

 tained on the plantations mentioned, their owners have re- 

 ceived many applications to be allowed to join them, and the 

 new company has organized to develop a plantation on lands 

 purchased from Mr. Adler and his associates. The rubber 

 species to be planted is Manihot Glaziovii, the rubber of the 

 Brazilian state of Ceara. The offices of the new company are 

 located in the Penn Mutual building, Boston. 



CIE. BRUXELLOISE POUR COMMERCE DU HAUT CONGO. 



The accounts for the fiscal year ended May 31, 1904, pre- 

 sented at the annual meeting on October 12, show a deficit of 

 35,644.16 francs, which, added to last year's deficit, makes a 

 total of 116,157.66 francs. In making up the report all rubber 

 in store in Africa or in transit was figured at cost. During the 

 year 18.406 kilograms of rubber were collected, against 1582 

 kilograms last year, and still better results are expected in fu- 

 ture. A favorable result is expected in a suit against the So- 

 ci6t6 Foresticre et Commerciale du Haut Congo, which will 



give the company control of new stations, with facilities for an 

 increased production of rubber from lianes. The operations of 

 the company are on the Lulonga and Kwango rivers. 



BRIEF MENTION. 



The Orizaba Rubber Plantation Co. (Chicago), operating in 

 the state of Chiapas, Mexico, were awarded a gold medal (or 

 the display of crude rubber, cacao, etc., from their plantation, 

 made at the St, Louis World's Fair. 



= Through an oversight which is regretted, the name of the 

 treasurer of the recently incorporated Nicaragua Rubber Co. 

 was incorrectly given in the last India Rubber World (page 

 35). The name should have been printed Charles M. Crocker; 

 his address is No. 41 Lafayette place. New York. 



A YACHTING CRUISE UP THE AMAZON. 



THE steam yacht Virginia sailed from New York at noon 

 on November 15, for a three months' cruise in southern 

 waters, the chief objective points being Para and Manaos, on 

 the Amazon river. The yacht was chartered for the purpose by 

 Mr. E. C. Benedict, commodore of the New York Yacht Club, 

 head of the banking firm of E. C. Benedict it Co., and a direc- 

 tor and member of the executive committee of the United 

 States Rubber Co. The remaining members ofthe patty were 

 as follows: 



Mr. William M. Ivins, of the legal firm of Ivins, Kidder & Melcher ; 

 a former partner in \V. R. Grace & Co .merchants with important South 

 American interests; and at various limes counsel for the United States 

 Rubber Co. and Rubber Goods Manufacturing Co, 



Mi. J. Howard Ford, a director in the United States Rubber Co. 



Mr. Edward M. Backus, sometime United States consul at Para and 

 subsequently engaged in the Amazon rubber trade, and as representa- 

 tive at Manaos of various American interests ; at present concessionaire 

 for wireless telegraphy on the Amazon. 



Mr, Charles \V. Keep, a broker, and one of the oldest members of 

 the New York Stock Exchange. 



Mr. Russell G. Colt, son of President Colt, of the United^States Rub- 

 ber Co. 



Dr. John F. Gains, of the Hahnemann Hospital, New ^'o^k. 



Mr. L. D. Huntington, of the New York Stock Exchange. 



Mr. Charles F. Hastings. 



Mr. Richard Arthur, private secretary to Mr. Ivins. 



Master Melville Truesdale, son of President Truesdale, of the Dela- 

 ware, Lackawanna and Western railway. 



The party expected to touch at Bermuda, Martinique, and 

 Barbados on the way south. The Virginia is due to arrive at 

 Manaos in time (or the formal installation of the wirelessteleg- 

 raphy service to Para, by the American Wireless Telegraph and 

 Telephone Co., mentioned already in The India Rubber 

 World. The cruise may be continued up the Amazon as far 

 as Iquitos, Peru — about 2000 miles from the seaboard. Re- 

 turning, the Vir^ini,! may drop down the Atlantic coast to 

 Rio and Buenos .Aires, and later, on their way home, spend a 

 few days in the West Indies. 



It is understood that the voyage to the Amazon is not un- 

 dertaken altogether as a pleasure trip; the close connection of 

 several members of the party with American rubber interests 

 suggests naturally that a prolonged visit to the most important 

 rubber producing region of the world may have in view the 

 promotion of those interests. Commodore Benedict, besides 

 being a director in the United States Rubber Co., sustains a 

 similar relation to the General Rubber Co., a subsidiary corpo- 

 ration created for supplying the manufacturing company's 

 very large requirements in crude rubber direct from the pri- 

 mary markets. 



