August i, 1905.] 



THE INDIA RUBBER WORLD 



363 



from investors was $713,285, and the expenditures $710,998.69, 

 of which only $104,834.10 is charged to " plantation account," 

 After reciting the juggling of the funds between various cor- 

 porations formed by William D. Owen, the receivers say that 

 there were " practically no other parties in interest in all this 

 series of transactions than Mr. Owen, his family, and his 

 friends.'' The receivers request that they be allowed to employ 

 counsel to consider the advisability of taking legal proceedings 

 for the benefit of the stockholders. 



At a meeting of stockholders of the Ubero Plantation Co. of 

 Boston (Hoston, July 1 1 ) those present adopted the recommen- 

 dations of a committee on reorganization previously appointed, 

 and 21 persons entered their subscriptions for new stock, be- 

 coming responsible for about $3000. At the hearing before the 

 United States court on July 20, referred to above, counsel rep- 

 resenting some of the investors urged a postponement of any 

 order by the court for the reason that an attempt at reorgan- 

 ization was being made and that action by the court might 

 have the effect of discouraging such reorganization. 



Friends of William D. Owen during the month have dissem- 

 inated reports from Indiana to the effect that Owen has been 

 in Hurope only in an effort to recover his health, and that for 

 sometime past he has been at Bad Nauheim, Germany, in a 

 prostrated condition and " wholly ignorant of the conditions 

 that liave arisen concerning his ambitious projects." 



NEW TRADE PUBLICATIONS. 



MAKING GUTTA-PERCHA FROM LEAVES. 



THE following details regarding the Nederlandsche Gutta- 

 percha Maatschappij (Dutch Gutta-Percha Co.) are de- 

 rived from De Indische Mercuur : 



The profit and loss account of the company for 1904 shows 

 that after deducting various amounts, aggregating 18,596 

 guilders, for the sinking funds, the net profits for 1904 will 

 reach 63.175 guilders [ — $25,396,35], The balance of loss for 

 the year ending December 31, 1903 amounting to 69,033 guild- 

 ers, will consequently not be entirely covered, and the com- 

 pany's accounts on December 31, 1904, therefore show a loss of 

 5858 guilders. In their report, the directors state that they 

 were greatly disappointed by the almost complete stagnation in 

 the cable manufacturing industry, on which the Gutta-percha 

 trade largely depends, the business of the company having seri- 

 ously sufltered in consequence. They say that if, during the 

 second half of the year, the company had been able to sell an 

 equal amount of Gutta-percha to that sold during the first half 

 of 1904, the gross profits would undoubtedly have been large 

 enough, not only to make important contributions to the sink- 

 ing funds, in accordance with the provisions of the by laws, 

 but likewise to leave a surplus to be divided among the stock- 

 holders as a dividend. The prospects for the current year 

 cannot as yet be predicted with certainty. Should the cable 

 industry revive, and should it become possible to find a larger 

 outlet for the product in other branches of industry than has 

 heretofore been obtained, there need be no serious fears for the 

 future. If the reports received concerning these matters are 

 well founded, a renewed and larger demand for the company's 

 Gutta-percha may soon be confidently expected. [For the last 

 preceding report, see The India Rubber World July i, 1904, 

 page 345]- 



Canadi.\n Golf Balls, — The Canadian govemment'scom- 

 mercial agent at Melbourne reports that Canadian golf balls 

 have found much favor among expert players in Australia. 

 They have not long been introduced, but a large and increas- 

 ing sale is reported already. 



UNDER the title " Goodrich Rubber Sundries " The B F. 

 GodDRH'H Co, (Akron, Ohio) have just issued a very 

 comprehensive catalogue of goods specified to be " For the 

 Druggist, Surgeon, Stationer, Dentist, Embalmer, Photog- 

 ragher, and Sporting Goods Dealer," which embraces not a 

 few items not to be found in other catalogues and a considera- 

 ble number which are protected by patents and thus kept 

 within control of the company named. The catalogue embod- 

 ies most of the contents of the publication from the same house 

 in the summer of 1903, " The Newer Rubber Surgical Special- 

 ties." It is attractively gotten up and the illustrations are par- 

 ticularly effective. [sH" X &^". 84 pages.] 



The Mason Regulator Co, (Boston) issue a booklet re- 

 lating to Mason Reducing Valves which cannot fail to be of 

 interest to steam users, whether they have or have not adopted 

 the Mason valve in their practice. The object of the Mason 

 valve is to maintain an even surface of steam, regardless of the 

 variation of the initial pressure or of the volume of steam re- 

 quired. It automatically reduces boiler pressure for steam 

 heating systems of all types (vacuum included), and in all situ- 

 ations where it is desirable to use a lower pressure than that on 

 the boiler. The same system is adaptable to water and air, no 

 less than to steam. The Mason appliances have been in suc- 

 cessful use for nearly a quarter of a century, during which time 

 they have become known all around the world. [6' X 9X"' 

 56 pages.] 



ALSO RECEIVED. 



Eberhard Faber, No. 5.15 Pearl street, New York. = Illustrated Price 

 List. [Lead pencils, penholders, rubber bands, erasers, etc.] 102 

 pages. 



Westcott Chuck Co., Oneida, New York.^^Catalogue of Westcott's 

 Patent Lathe Chucks and Little Giant Drill Chucks. Catalogue A. 32 

 pages. 



The Hygeia Nursing Bottle Co., Buffalo, New York.^The Itygeia 

 Nurser. 8 pages. 



The Williams Foundry and Machine Co., Akron, Ohio,^Williams 

 Patent Cooling Chamber Attachment for White's Steam Tire Vulcanizers, 

 4 pages. 



The Faultless Rubber Co., Akron. Ohio. = Faultless Rubber Sponges 

 6 pages. 



Bourn Rubber Co., Providence, Rhode Island. = Price List of Rub- 

 ber Covered Wires, 4 pages. 



The Diamond Rubber Co., Akron, Ohio=Diamond Wrapped Tread 

 Tires and World's Records. 8 pages. 



The Springfield Elastic Tread Co., Springfield, Ohio=Easy Walker 

 Rubber Heels. 12 pages. 



The Thermalite Co., New York = The Thermalite Bag. 12 pages. 



THE NEW CONSULAR REPORTS. 



TH E American manufacturer or merchant who is in any way 

 interested in foreign trade has more reason, year after 

 year, to feel interested in the consular reports issued from 

 Washington. Despite the criticisms which may always be heard 

 of the American consular service, its system of collecting and 

 distributing commercial intelligence is winning encomiums from 

 competent observers in many other countries. The occasion 

 for this paragraph is a recent change in the form and a general 

 improvement of the official publication, which is now issued 

 daily under the title Daily Consular and Tradt Reports, for 

 gratuitous distribution from the Bureau of Manufactures, De- 

 partment of Commerce and Labor, Washington, D. C, and we 

 commend to the rubber trade a careful examination of these 

 reports, with a view to making them of use. 



