June i, 1905.] 



THE INDIA RUBBER WORLD 



291 



^m-W^ 



Fobllshed on the lat of each Month bj 



THE INDIA RUBBER PUBLISHING CO. 



No. 150 NASSAU ST.. NEW YORK. 



HENRY C. PEARSON, 



KniTOR. 



HAWTHORNE HILL, 



ASSOCIATE. 



Vol. 32. 



JUNE 1, 1905. 



No. 3. 



BuBSCKu 1 1 NH: <; iKi |iii yi-ar,$l.75 for.Mx ni.MH lis, postpaid, for the United 

 states anil I anada. Foreign countrit-s, same price. Special Rates for 

 Clubs of five, tcu or more subscribers. 



ADVKRTI8IN0: Kates will be made known on application. 



Bbmittancks; Should always be made by bank draft. Post OfHce Order' or 

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 PuHLisHiMiC'o.Mi'ANV. Keniittauces for foreign Subscriptions should 

 be sent by International Post order, j>ayable as above. 



COPYRIGHT, igos, BY 



THE INDIA RUBBER PUBLISHING CO. 



Bnt''red at New York Post Office as mail matter of the second-class. 



TABLt OF CONTENTS, 



1 



Editorial: 



The Latest Rubber Merger 



Ceylon Rubber I'laniing Companies 



Minor Editorial , 



Mr. John H. Flint 



[With Portrait.] 



Mr. George E Heyl-Dia 



" [With Portrait i 



Jottings by an American in Europe-II A. M.Stichney 



[Visit to a Swedish Rubber Footwear Factory.] 



Lowell's Excited Golf Players 



Some W ants of the Trade 



The India-Rubber Trade in Great Britain Our Regular Correnpnndcnt 

 [Rubber Prices ; Proposed Substitutes. Societyof Chemical Industry. 

 India-Rubber Manufacturers' Association. London Rut>ber Manu- 

 facturine Co. Artilici.il Leather. India-Rubber Gloves. .Ameri- 

 can Rubber Solution. Careleis Writing. The Dunlop Fire.] 



Literature of India-Rubber 



Rubber Planting and Exploitation 



[Notes on Progress of Plantation Companies in Mexico and Ceylon. 

 Planting Projects in Borneo] 



Affairs of the Ubero Companies 



New Trade Publications 



The Head of the House of Michelin 



[With portrait of Andre Michelin.] 



New Guayule Rubber Processes 



I Inventions id E. Uelafond and Ma.x Marx.] 



New Goods and Specialties in Rubber . . 



[The Thermalite Hae. Two New Designs in Water Bottles. The De 

 V'ilbiss Perfume Demonstrator. Motz's Vehicle Tire. Springfield 

 Abrasive Polishing Wlieel. Tne "Innovation" Comb. Rublain 

 Flooring.] 



[With 8 Illustrations.] 



Recent Rubber Patents 



[American. British. Geiman. French.] 

 [With q Illustrations.] 



The United States Rubbber Co.'s Annual Report 



[With Result of Annual Election.] 



The Merger of the Rubber Companies . 



[I'niled States Rubber Co. and Rubber Goods Manufacturing Co.] 



Anthony N. Brady, Organizer 



[With Portrait.] 

 Miscellaneous : 



Indla-Kubber Goods in Commerce 



Freeman's Synthetic Camplior 



Obituary [Colonel E. A. Kookwood] 



Compressed Air in Pile Driving 



Canada's Waterproof Clothing Trade 



Kiibber Tired Motors In the Desert 



E'lnancial Stress at Manaos 



Wliere (roodyear Worked in Woburn 



Rubber doods for the Postal Service 



Rubber at the Railway Exhibition 



Rubber Interests in Europe 



News of the American Rubber Trade 



Review of the Crude Rubber Market 



THE LATEST RUBBER MERGER, 



T^HE merger of the two largest rubber manufacturing 

 com[5anies in the world naturally is the most impor- 

 tant item of news in the trade for fhe month. Many ques- 

 tions have been asked, and doubtless many more will be 

 asked, regarding the probable effect upon the trade as a 

 whole of this latest combination, but only Time can give 

 answers to them all. It is the province of the journalist 

 to record the happenings of the day, while the develop- 

 ments of the future must be left to later chroniclers. 



It seems proper, however, to indulge in a few reflections 

 at this time. When the United States Rubber Co, was 

 formed it was the largest industrial consolidation the 

 world had ever seen — in the amount of capital stated in 

 its articles of incorporation. The fact that it was so es- 

 sentially a pioneer undertaking may serve in a measure 

 to explain its failure to make good, in many respects, the 

 promises contained in the original prospectus. But the 

 company has shown in recent years capabilities of a new 

 order, indicating that its management has been able to 

 profit from experience, and that its plan of organization 

 involves features of merit and solidity which insure its 

 permanency, on the theory of ''the survival of the fittest" 

 in the trade. Certainly the work of the present head of 

 the company suggests managerial ability of the very high- 

 est order. It would not be difficult to point out how, in 

 less capable hands, the United States Rubber Co, would 

 now be in the hands of receivers. 



The absorbing of the Rubber Goods Manufacturing Co., 

 a concern devoted to an entirely different line of produc- 

 tion, may prove a master stroke for the company first 

 named, which is devoted to a single branch — footwear. 

 Regardless of questions of management, no doubt its suc- 

 cess for two or three seasons past has been due to an im- 

 portant extent to favorable weather conditions. In the 

 absence of heavy snowfalls for another year or two, its 

 yearly balance sheets might make a much less favorable 

 showing, and the effect of the latest merger, by broaden- 

 ing the scope of the company's production of goods, will 

 be to make the company much less dependent than in the 

 past upon the vagaries of the weather. In other words, 

 there has been planned a new pooling of profits, from a 

 wider range of output of rubber goods, by reason of which 

 the effect of weather conditions has been minimized to the 

 extreme. There is now no important branch of rubber 

 production which is not embraced, to an extent, under the 

 new arrangement, whereas hitherto a good financial show- 

 ing for the United States Rubber Co. was dependent upon 

 a heavy snowfall and a consequent good demand for rub- 

 ber boots and shoes. 



The position of the independent rubber goods manufac- 

 turer, in whatever branch, does not appear to have been 

 altered by the new merger. A monopoly in rubber foot- 

 wear has never been established in this country ; it is 

 doubtful if it is nearer to-day than at any time in the past. 

 The same thing is true of all the various branches of man- 

 ufacture covered by the great combination which it is 

 planned to merge with the United States Rubber Co. The 



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