July i, 1902.] 



THE INDIA RUBBER WORLD 



333 



THE GUM-CARBO COIV1PANY (BEAUMONT, TEXAS). 

 This company has been incorporated under the laws of Texas, 

 with $1,000,000 capital, to establish at Houston a factory for 

 the production of the rubber substitute from petroleum re- 

 ferred to in The India Rubber World of April i [page 230]. 

 The prime mover was Tom C. Swope, general manager of 

 Huntley Oil and Refining Co. (Beaumont, Texas), who is pres- 

 ident of the new corporation. F. W. True is vice president and 

 R. E. Humphreys, secretary and treasurer, with offices for the 

 present at Beaumont. The company desire to hear from man- 

 ufacturers of machinery, including rubber machinery, with re- 

 gard to supplying plant. It is hoped by the company that the 

 factory will be in operation by November. Mr. Swope advises 

 The India Rubber World that the new substitute will be 

 called Gum-Carbo, and that from it they intend making high 

 grade enamels, an indestructible paint for structural iron work, 

 an acid and alkali proof paint for metal or wood, and ultimately 

 a substitute for linseed oil for use in making paints and var- 

 nish. " Gum-Carbo will enter very largely into the manufacture 

 of soft and hard insulating materials, in which particular line 

 it will almost be at its best. It will be used in making rubber 

 tires, shoes, mats, belting, packing, and all other rubber goods ; 

 it can also be vulcanized, and when vulcanized it can be used 

 to make all hard rubber goods such as buttons, combs, brushes, 

 electrical appliances, etc." 



NEW PLANT OF THE U. S. RUBBER RECLAIMING WORKS. 



The illustration on this page is based upon a photographic 



view of the work of putting in position a series of gears which 



form part of the power plant of the U. S. Rubber Reclaiming 



Works, at Buffalo, New York. The main building of the fac- 



tory, on the left, is not shown in the picture, and by this time 

 an additional building has gone up over the power plant. The 

 three gears shown are each 22 feet in diameter and 24 tons in 

 weight. The gears are connected each with a shaft extending 

 through the main factory building, to aflford power, and all are 

 operated, through rope transmission, by an electric motor of 

 1500 H. P. under the same roof. This motor, by the way, 

 shipped recently by the General Electric Co. from Schenec- 

 tady, New York, is stated by them to be the largest induction 

 motor ever constructed for an industrial establishment. The 

 location of the factory of the U. S. Rubber Reclaiming Works 

 is seventeen miles from Niagara Falls, the original source of 

 the electric power utilized in the factory. It is expected that 

 the new plant will be in operation by the middle of this month. 



and in any event not later than the first of August. The large 

 gears shown in the picture were supplied by the Dodge Manu- 

 facturing Co., Mishawaka, Indiana. 



NEW YORK STOCK EXCHANGE (QUOTATIONS. 

 United States Rubber Co. : 



Rubber Goods Manufacturing Co. 



THE STRAUS SPONGE PATENT. 

 Alexander Straus, of New York, who has long been con- 

 nected with the rubber trade, has been allowed a patent em- 

 bracing eight claims for a " Method of Forming Sponge Sub- 

 stitutes." Briefly, these claims cover the use of paraffine as a 

 semisolvent for rubber, in which a certain amount of sulphur 

 may be incorporated ; the heating of the semi fluid mass, and 

 its subsequent vulcanization. Certain of the claims cover the 

 addition of water to distend the cells, and the use of a chemi- 

 cally acting cell-forming hydrocarbon. 



AMERICAN RUBBER CO. 

 The annual report of condition, dated May 6, 1902, filed with 

 the Massachusettscommissionerof corporations, compares with 

 previous reports as follows : 



ASSET s . 



Land and water power $ 37,287 



Buildings 148,617 



Machinery 136,927 



Cash and debts receivable.... 943,683 



Stock in process i ,61 5,452 



Patent rights 1,000 



Miscellaneous 3,423 



1901. 



I 37.287 



148,617 



136,927 



1,084,280 



1,228,176 



1902. 



$ 37.287 



148,617 



136,927 



1,265,191 



1.456,413 



Total $2,886,389 $2.635,286 13,048,155 



LIABILITIES. 



Capital stock $1,000,000 $1,000,000 $1,000,000 



Debts 490,000 460,000 793,171 



Dividends unpaid 150,000 



Balance profit and loss 380,655 309,552 389,249 



Reserve for depreciation 865,734 865,734 865,735 



Total $2,886,389 $2,635,286 $3,048,155 



THE NEW SEAMLESS TRADE MARK. 



The Seamless Rubber Co.(New 

 Haven, Connecticut), are bring- 

 ing out an extra high grade of 

 druggists' goods, which are to 

 be in workmanship, quality, and 

 packing, the very best that an 

 up-to-date factory can turn out. 

 These goods will be made in 

 both red and white, and will 

 all of them bear the accompany- 

 ing artistic trade-mark. 



