416 



THE INDIA RUBBER WORL.D 



[September i, 1905. 



RUBBER INTERESTS IN EUROPE. 



A NEW SEDDON TIRE SYNDICATE. 



THE Motor Pneumatic Tyre Co., Limited, has been floated 

 in London with /[i 50,000 capital, to acquire the bus- 

 iness of the British Motor Tyre Syndicate, Limited, of Man- 

 chester, manufacturers of pneumatic and other carriage tires 

 and accessories. The purpose of the company in particular is 

 to acquire the Seddon tire patents and the benefits (i) of the 

 royalty payable by David Moseley & Sons, Limited, in respect 

 of the Seddon patents : (2) of the agieement for the sale of the 

 American rights under these patents for ^50,000: and (3) of 

 the agreement for the sale of the French and Belgian patents 

 for the minimum sum of ^50,000. It is estimated in the pros- 

 pectus of the new company that, assuming it will supply 5 per 

 cent, of motor tires required in great Britain, the gross yearly 

 profit on sales will amount to ;£40,ooo and the net profit to 

 ^27.500, leaving after paying 10 per cent, on the share capital 

 ,^12.500 for reserve and contingencies. Messrs. Moseley will 

 continue to manufacture the Seddon tires on the same terms as 

 under the old arrangement. The new company was registered 

 July 20, 1905. 



TORRILHON ET CIE. REORGANIZED. 

 The firm of Torrilhon et Cie ., India-rubber manufacturers, 

 having its principal works at Chamalit-res, near Clermont-Fer- 

 rand, France, with an annex at Royat, was lately dissolved, the 

 business being converted into a limited liability company, un- 

 der the style " Socieie anonyme des anciens etablissements J. 

 B. Torrilhon — Caoutchouc manufacture." The industry was 

 founded in 1852 by Monsieur J. B. Torrilhon, who in 1889 or- 

 ganized the firm Torrilhon et Cie., resigning a share in the 

 management to his son in law, G. Lamy-Torrilhon. The new 

 company has a paid up capital of 4,000,000 francs [ = $772,000], 

 and the board is composed as follows: Eugene Labesse, presi- 

 dent : G. Lamy-Torrilhon, managing director ; J. B. Torrilhon 

 and Armand Torrilhon. The works are devoted to the produc- 

 tion of hard and soft rubber, principally mechanical goods and 

 tires, but including also waterproof clothing and druggists' 

 sundries. For some years past the Messrs. Torrilhon have 

 maintained agencies in French Africa for the direct importa- 

 tion of crude rubber. 



A GERMAN RUBBER MANUFACTURER HONORED. 



Herr Louis Peter, the founder of the Mitteldeutsche 

 Gummiwaaren-Fabrik Louis Peter (Frankfurt a/M.), has been 

 granted the honorary title of A'ow»j<'r;/if«77!/' (commercial coun- 

 sellor) in recognition of the progressive spirit shown in the de- 

 velopment of his business and the success attained in bringing 

 it from very small beginnings to its present important dimen- 

 sions. Not only does the firm possess branches in all the more 

 important cities of the Continent, but its products are sold ex- 

 tensively in other parts of the world, the " Peter's Union " tire, 

 for example, being understood to have a considerable sale in 

 Africa. It will be remembered that this firm was represented 

 by an extensive display of tires and other goods at the St. 

 Louis Exposition of 1904. 



DEATHS IN THE GERMAN RUBBER TRADE. 

 The Mannheimer Gummi- Guttapercha- und Asbestfabrik 

 (Mannheim) has suffered a painful loss by the decease of a 

 member of the supervisory board, Herr Simon Hartogensis, 

 consul general of the Netherlands, who died on July 28, at the 

 age of 79. The deceased had for several decades been a mem- 

 ber of the supervisory board, and has largely contributed to the 

 success of the company by means of his great business talent, 



his extensive knowledge, eminent capacities, and large expe- 

 rience, while he was likewise generally esteemed and honored as 

 a man, on account of his noble and lovable characteristics. 

 The death of this distinguished man is the more regrettable for 

 the company, as the deputy chairman, Geheimer Kommerzien- 

 rat Scipio. died only three months ago, while it lost by death in 

 1904. Dr. Rohn,a member of the supervisory board, and in the 

 preceding year Kommerzienrat Engelhorn, who had been chair- 

 man for manv years pa'st. — iiummi /.eituni;. 



THE TEXTILE GOODS MARKET. 



EXISTING conditions in the cotton market are character- 

 ized by a buoyancy not usual even in a marketso subject to 

 sudden and radical change. The disposition toward fluctua- 

 tion is more pronounced than for a long time, with the specu- 

 lative element so organized as to enable it to " bull " the mar- 

 ket with greater promise of success than in any previous year. 

 The speculative feature is a serious detriment to the cotton 

 trade, as cotton stock market quotations are misleading, af- 

 fording as they do false ideas to buyers in reference to the cost 

 of cotton to the mill. 



The demand from the rubber trade for every description of 

 cotton is greater than at any period in the history of these two 

 great industries. Every American cotton duck mill is working 

 its full capacity, and a number of those making coarse goods for 

 export are well sold ahead, a condition which naturally abro- 

 gates supply. The mechanical rubber trade has consumed 

 more hose duck than has ever been used in the same period be- 

 fore, and considerably more than was anticipated or covered by 

 contract. The price of regular hose and belting duck is now 

 21 cents a pound. 



A heavy fall demand is anticipated by mill agents, who are 

 apprehensive lest the supply shall not equal the call, as the 

 present market is practically cleared of spot goods. It is esti- 

 mated by competent authority that the raw material will not 

 sell below 10 cents during the fall season. With a maximum 

 crop of 11,000,000 bales, and a surplus of 1,000,000 carried over 

 from last season, the working crop will not exceed 12,000,000 

 bales. The spot market at this writing is loj^ cents. The crop 

 at the close of the cotton year (virtually coincident with the 

 present issue of The India Rubber World) is likely to prove 

 wholly inadequate to the demand, certain portions of the Geor- 

 gia crop already being seriously affected by boll weevil and rust, 

 which adverse elements will naturally affect the size of the crop 

 in proportion to the extent to which they prevail. Despite the 

 fact that textiles have been consumed in so much greater quan- 

 tities during the past year than ever before, the market has 

 not changed very radically, though prices are naturally strong. 



The demand for Sea Island and Egyptian cotton has mate- 

 rially increased, owing to their consumption in the manufacture 

 of automobile tires. Duck for air break hose and stitched belt- 

 ing has never been in such active request. Another condition 

 strengthening the duck situation is the demand for numbered 

 and army ducks incidental to present military activity, which 

 has resulted in unprecented consumption. 



Sheetings. 

 40' Highgate. ..65^c. 

 40' Hightown. . 7 c. 



40' Hobart 1%^ 



40' Kingstons. .8 c. 

 3g' Stonyharst..6 c, 

 3g" Sorosis SM^c. 



CURRENT QUOTATIONS AT NEW YORK 



8 c 40' 



40' Selkirk 

 40" Sellew .... ^%z. 

 48' Mohawk . . 11 c. 

 40" Marcus . . . 6}^c. 

 40' Mallory ... 6 c. 

 30' Capstans. . 4 c. 

 Osuadurgs. 



40' Seefeld 83^c. 40' Iroquois. . .10 c. 



40 



40- 



40 

 40" 



Swansea 9 



Ducks. 



7 oz. Cran- 

 ford g 



8 07, Chart- 

 res 10 



10 oz. Carew 12 



11 oz. Carita 13 



