266 



THE INDIA RUBBER WORLD 



[May I, 1902. 



On this basis, allowing 2 per cent, tare on foreigns, domestic, 

 should be bringing about $8.65 per 100 pounds. I do not be- 

 lieve that any great quantity has been taken up by our foreign 

 friends at the price my principal informs me he made sales at, 

 and I do not think that this price should be taken as a criterion 

 of the market." 



" Apr// 2p.— Bot.h the American and foreign markets for old 

 rubber boots and shoes seem to be advancing. The reclaimers 

 are offering 7)i cents for domestics against 6>,' cents for 

 foreigns. Retailers are inclined to ask '/s cent above these 

 quotations, and it looks as if the latter would be successful." 

 THK TRADE IN RUBBER SPONGES. 



ABOUT a year ago the head of a firm of dealers in brushes 

 in New York, while visiting Paris, was favorably impressed 

 with a line of rubber sponges and imported 36 dozen. "They 

 gave such satisfaction," said a member of the firm to The 

 India Rjbber World, "that we at once ordered a large 

 quantity from the manufacturers, but before the goods could 

 arrive we had sold all of them and forwarded a second order. 

 Since then we have found it impossible to secure the goods fast 

 enough. At present we have orders for 1500 dozen more than 

 we have in hand." These goods are handled in smaller 

 amounts by some other New York importing houses, but the 

 head of the firm mentioned is now in Europe attempting to 

 secure the extensive American agency. 



A CORRECTION FROM AKRON. 



To THE Editor of The India Rubber World : In your 

 April issue you have a paragraph announcing the assignment 

 of the Independent Rubber Co. and giving my name as one of 

 the partners, which 1 wish you would please rectify. I was 

 not a partner in the company ; I had charge of the shop, and as 

 I expect to start up myself again in a short time I do not like 

 to have that stand against me. EDGAR L. CLIMES. 



Akron, Ohio, April 20, 1902. 



METROPOLITAN RUBBER CO. 

 Application was made at New Haven, Conn., on April ii, 

 for a receiver for the Metropolitan Rubber Co., which is capi- 

 talized at $250,000. The application was filed by W. R. Evans 

 (Everett, Mass.) and James F. Storrow and Robert F. Herrick 

 (Boston), trustees of the estate of Abner J. Tower, formerly 

 treasurer of the company. They hold 6700 of the 10,000 shares 

 of the capital stock. Attorneys for the applicants are quoted 

 as saying that the company is able to pay its debts in full. On 

 April II George Gunn, of New Haven, was appointed receiver. 

 The company started a good many years ago in the small plant 

 of the Chauncey Rubber Co. (Reading, Mass.), their business 

 growing until they were prepared to purchase a large factory 

 at Wallingford, Conn., in addition to which they later operated 

 a plant in East Grand street, New York, purchasing a great cigar- 

 ette factory building for their use. They marketed an enormous 

 quantity of goods at one time, and were practically the first 

 people in the mackintosh business who started to make goods 

 cheaper than anybody else, and were leaders in price cutting. 

 Their mackintosh trade collapsed in time, after which their 

 Wallingford plant became the property of the New York In- 

 sulated Wire Co., who now operate it. 



AMERICAN BICYCLE CO. 



Colonel Albert A. Pope has resigned as chairman of the 

 board of directors, though remaining a member of the board 

 and of the executive committee. ^=The New York Jourtia/ 0/ 

 Commerce reported [April 5] : " In connection with the afTairs 

 of the American Bicycle Co., it is rumored in Wall street that 

 the trust in order to pay the March coupon on its debentures 



was compelled to sacrifice holdings of Rubber [Goods Manu- 

 facturing Co.] stock which were given to the company in ex- 

 change for one of its plants. It is also rumored that some of 

 the same assets were previously sacrificed to secure money for 

 pressing current needs at that time. These reports, however, 

 could not be confirmed. "== On April 9 blocks of American 

 Bicycle stocks in the names of R. L. Coleman, A. A. Pope, and 

 A. G. Spalding were delivered in Wall street, on sales made the 

 previous day. Colonel Pope had been understood to be the 

 largest bondholder and the largest shareholder in the Ameri- 

 can Bicycle Co."™=New York Stock Exchange quotations 

 lately have been as follows : 



American Bicycle bonds have been sold recently at 80. Last 

 year's sales aggregated $868,000— highest, 82 ; lowest, 55 ; clos- 

 ing, 60. 



AMERICAN TIRES FOR KING EDWARD VII. 

 In view of a recently published statement that the king of 

 England had decided, in order to pi event accidents from punc- 

 tured tires, to have his motors equipped with solid tires, instead 

 of pneumatics, the following letter to the New York manager 

 of the Goodyear Tire and Rubber Co. (Akron, Ohio) may prove 

 of interest : 



THE DAIMLER MOTOR CO., LIMITED, 



Daimler Works, Coventry, March 18, I902. 



Mr, H. J. DiNGMAN, New York. — Afy dear Mr. Dingmait : The 

 tyres for His Majesty's car arrived to-day, and I have just been looking 

 them over. I must certainly say that it is the finest piece of work in the 

 line of tyres that we have ever seen. Upon inspection of these tyres, I 

 feel convinced that we will have no trouble in persuading His Majesty 

 to stick to pneumatics, instead of going over to solids. 



I can say that we have been very successful in persuading most of our 

 customers to use Goodyear tyres. About go^ of the new cars ordered 

 have Goodyear tyres specified. All of these orders have not been placed 

 with you yet, but will be in a very short time. 



There are practically no odd sizes to be ordered, all being standard 

 sizes, 36" by 4', 32" by 3)2', the only odd sizes being 36" by 5". You 

 can assume this as the coming size as far as our cars are concerned and 

 it would be well if you would supply your London house with as large 

 a stock as you deem permissible. 



With kindest regards, I am, yours truly, 



FOR THE DAIMLER MOTOR CO., LTD., 



Pekcv Martin, Works Manager. 



The Goodyear company have opened a warehouse at 5, 6 and 

 7 Singer street, London, where is carried a full stock of their 

 bicycle, motor cycle and motor tires, and a repair outfit is 

 maintained. 



RUBBER SHOE TRADE IN MANITOBA. 



An important boot and shoe jobbing business has grown up 

 at Winnipeg, the outpost of western Canadian trade, incidental 

 to which is a large volume of trade in rubber footwear. The 

 Ames, Holden Co., established there since 1878, sell the prod- 

 ucts of the Granby Rubber Co.; Kilgour, Rimer Co., Limited, 

 established since 1880, are sole western agents for The Maple 

 Leaf Rubber Co. ; the Alfred Dolge Foot Wear Co. are agents 

 for the Boston Rubber Co. of Montreal, Limited ; Middleton 

 Brothers are agents for the Berlin Rubber Manufacturing Co. 

 The western branch of the Canadian Rubber Co. of Montreal 

 was established at Winnipeg in 1891, and now occupies a build- 

 ing of their own[^(4o X 90 feet) in Princess street, with three 



