268 



■Ltit: INDIA RUBBER WORLD 



[May I, 1905. 



[CO.Vr/.VCED FKO.U PRECEDING PACK.] 



EARNINGS OF CONSTITUE.VT COMPANIES FOR Ig04, AND DISP0.SITION. 



Net unapplied earnings, as per previous report f 865,166,96 



Earnings of the companies for the year. . . .^1,901,630.02 

 Charged off for maintenance and repair . . . 178,331.50 



Net profit for 1904 $1,723,298.52 



Krom the above there has been 

 set aside : 

 Vox sinking fund for bonds .$ 56,308.90 

 For additions to plants .. . 388,037.43 

 For depreciation 128,234.63 572,580.96 



Leaving a balance of 1,150,717,56 



Making a total of $2,015,884.52 



Out of which dividends have been declared for the year 



ending March 31, 1905 810,740.16 



Net unapplied earnings of allied companies $1,205,138.30 



Less amount owned by stockholders other than the Rub- 

 ber Goods Mfg. Co 33,601,89 



Net unapplied earnings belonging to the Rubber GDods 



Mfg. Co $1,171,536 47 



Of the above dividends $810,746.16 



There was paid to stockholders other than the Rubber 



Goods Mfg. Co 53,956.00 



Dividends paid to Rubber Goods Mfg. Co .5756,790.16 



INDIA-RUBBER GOODS IN COMMERCE. 



EXPORTS FROM THE UNITED STATES. 



OFFICIAL statement of values of exports of manufactures 

 of India-rubber and Gutta-percha, for February, 1905, 

 and the first eight months of five fiscal years, beginning July 

 I, fro n the treasury department at Washington : 



VALVE AND RING CUTTING MACHINERY. 



"I N every mechanical rubber factory and indeed in many 

 -*- others, there is a constant call for rings of various diame- 

 ters for valves, packings, and for 

 a thousand and one special uses. 

 There is such an infinite variety of 

 sizes called for that a series of 

 puches so cut them would cost a 

 small fortune. A very simple ma- 

 chine has been designed, therefore, 

 and is in use in almost every fac- 

 tory. A great many factories, in- 

 deed, build them in their own ma- 

 chine shops. The machine, briefly 

 has an overhang something like the 

 arm of a sewing machine. At the 

 extreme end of this is a vertical 

 shaft with a centering piece, while 

 through the shaft, at a short dis- 

 tance above the stock, runs a hori- 

 zontal bar upon which one or more 



knives may be clamped. In the middle of the vertical shaft 

 is a bevel gear to which power is applied to rotate the shaft 

 and swing the knives in circles on and into the surface of 

 the stock. The pressure foot of the shaft is set down upon the 

 stock and the knives started cutting by a hand lever, the whole 

 being drawn away from the stock by a powerful coiled spring, 

 once the lever is released. The cutting machine is arranged 

 either to be operated by the turning of a crank by hand, or it 

 may be driven by power, the illustrations at the foot of this 

 page showing one of each type. 



SIR THOMAS LIPTON ON RUBBER. 



[from an INTERVIEW IN " THE TIMES OF CEYLON," MARCH 2, I905.] 



INDUSTRIALLY, the future of Ceylon, unless something 

 turns up which we are not aware of, is a bright future- 

 With good judgment, it is almost certain to turn out a first class 

 investment for any one who cares to put his money into rubber. 

 There are thousands of acres being opened up and planted with 

 rubber all over the country. I have no doubt there are other 

 places suitable for rubber, and they will join Ceylon in increas- 

 ing the supply of rubber. But I have a feeling that the demand 

 later on will be much greater than it is at the present time, and 

 the rate of the demand will increase with the increase of the sup- 

 ply, even when all these new plantations come into bearing." 



" In what way.' " 



" My belief is that the day is not far distant when the trans- 

 portation of all goods throughout England, Scotland, and Ire- 

 land will be done on rubber. Rubber is now used largely as a 

 means of pleasure and luxury only, on motors, cycles, etc., and 

 while this demand is even now considerable and growing, it is 

 like a pebble on the seashore to what the demand will be for 

 rubber when motor transport develops into a necessity to the 

 merchant. The time will come when it will no longer be 

 optional but compulsory for the business man to keep abreast 

 of the times and use the fastest and easiest mode of locomotion 

 for his goods. Quick delivery of goods is always an important 

 factor for success in trade. What I say of the United Kingdom 

 applies equally to France, and Germany, and America, and the 

 rest of the world. 



" The man who is in rubber has a great prospect before him, 

 and when that time comes, you will reckon the man who is in 

 tea as very small fry indeed. When I next come to Ceylon, 

 the tea man will have sunk into insignificance in comparison 

 with the rubber magnates who will be here." 



[I7' would be of interest to know in what year Sir Thomas in- 

 tends paying his next visit to Ceylon. A Ceylon report else- 

 where in this paper indicates that Sir Thomas may already 

 have become an investor in an extensive rubber planting enter- 

 ' prise.— The India Rubber World.] 



POWER CUTTER FOR VALVtS. 



HAND CUTTER FOR VALVES. 



