370 



THE INDIA RUBBER ^VORLD 



[August i, 1902. 



facture the golf ball recently patented by A. T. Saunders, of 

 Akron. The principle of this law is pneumatic, and the chief 

 problem in its manufacture has been in filling the balls with 

 compressed air. This obstacle has been overcome, however, 

 and the ball will be placed on the market this season. 



The Akron parties mentioned in connection with the estab- 

 lishment of a mechanical rubber goods factory at Cuyahoga 

 Falls, Ohio, with $50,000 capital, have permitted an option se- 

 cured on a likely site to expire. 



General Manager Harvey Mitzell, of the Pure Gum Specialty 

 Co., at Barberton, has been in the East, buying additional ma- 

 chinery for the new buildings erected by that company. 



The Diamond Rubber Co. have completed their experiments 

 with the " King William " golf ball, and are ready to market it. 

 The new ball does not show black when chipped, and possesses 

 other merits which are expected to bring it into demand. 



Superintendent A. H. Marks, of the Diamond Rubber Co., 

 has become an enthusiastic chaufeur, and now owns the fastest 

 automobile in Akron. Mr. F. A. Mason, general manager of 

 the Akron Rubber Works, has also given up his team for a 

 small and pretty carriage which requires no horses. 



Secretary Charles W. Seiberling, of The Goodyear Tire and 

 Rubber Co., is spending the summer at his cottage neai 

 Mackinac, in northern Michigan. General Manager F. A. 

 Seiberling will also be there for some time during the month 

 of August. 



Treasurer A. H. Noah, of the Diamond Rubber Co., will 

 spend part of August in pursuit of bass at Star Island. 



Mr. H. C. Corson, formerly of The B. F. Goodrich Co., con- 

 tinues to manifest an interest in Akron affairs, having lately 

 made a generous subscription to the funds of the Young Men's 

 Christian Association. The names of several rubber manufac- 

 turers appear on the list. 



THE OBISPO RUBBER PLANTATION. 



AFAVORABLF: report is made by Mr. Maxwell Riddle, of 

 the Republic Development Co., who are in charge of the 

 plantation above named, on the Vera Cruz and Pacific rail- 

 road, near Tuxtepec, in the state of Oaxaca, Mexico. A large 

 amount of land had been cleared and cleaned, all of which, it 

 was expected, would be planted to rubber by August i, thus 

 giving the new planting the advantage of the bestgrowing time 

 of the year. When this property was opened- a fairly good 

 market was expected for what are known as " short crops," 

 such as corn and beans. The success of this part of the com- 

 pany's operations has exceeded all expectations. The planta- 

 tion is located on the navigable Obispo river, which furnishes 

 communication with the plain country below and the hill 

 country above, and there are in the neighborhood several large 

 towns. As soon as it became known that large crops were 

 being grown on the plantation, it became a central point for 

 trading parties, with the result that everything grown, beyond 

 what was needed on the plantation, has been sold at good 

 prices, and the plantation has become known throughout that 

 section as " La suerte de los Gringos " (luck of the Yankees). 

 It has been learned that the plantation embraces about 1000 

 acres of exceptionally good cacao land — something not found 

 on every plantation — and the company are planning to plant 

 this crop extensively, as it is, next to India-rubber, the most 

 valuable product that can be grown in Mexico. The success 

 of this property from the beginning, made a little more than 

 a year ago, illustrates the value of experienced management in 

 tropical planting. The Obispo plantation has had the benefit 

 of the combined experience of five practical planters, all of 

 whom have gained their experience in the management of their 

 own private properties. 



REVIEW OF THE CRUDE RUBBER MARKET. 



THE month of July opened with a dull market at New 

 York, as is customary at the midsummer season of 

 stocktaking and repairs at the factories. Manufactur- 

 ers seemed fairly well supplied with rubber and, in view 

 of the exceptionally large yield of Paras for the last crop sea- 

 son, and the liberal extent of visible supplies, they have shown 

 little disposition during the month to buy beyond immediate 

 requirements. At the same time, importers as a rule have not 

 been pressing to make sales, and thus the market has been 

 kept fairly steady. There has been a considerable volume of 

 sales in the aggregate of small lots changing hands, and bus- 

 iness has been more active when sellers have been willing to 

 grant concessions. There was so.ne improvement in the inquiry 

 for rubber during the third week of July, but the month ends 

 with a generally dull condition of the market. Receipts at 

 Para during the month were considerably larger than for the 

 first month of the season last year, but the Pard market is re- 

 ported steady. There is still some old ParA stock in New York, 

 but the large surplus uncovered by the liquidation of an im- 

 porting company at the beginning of the year has almost been 

 liquidated. Centrals have sold practically as fast as received 

 at this market, while Africans have chiefly been neglected, as 

 is to be expected when coarse Pari declines to the level which 

 has prevailed lately. There were good offerings at the last 

 Antwerp sales, and a slight improvement in prices, but it is un- 

 derstood that very little of the rubber sold was for American 

 account. Taking the list as a whole, prices are almost without 

 change, compared with our last report. 



New York quotations on July 30 were : 



PARA. AFRICAN. 



Islands, fine, new 66 ©67 Tongues 42 ©43 



Islands, fine, old 71 @72 Sierra Leone, istquality6o @6i 



Upriver, fine, new 69 ©70 Benguella 42 ©43 



Upriver, fine, old 74 @75 Cameroon ball 40 ©41 



Islands, coarse, new... 44 @45 Flake and lumps 29 ©30 



Islands, coarse, old... @ Accra flake 17 @l8 



Upriver, coarse, new.. 5 5 (056 Accra buttons 41 ©42 



Upriver, coarse, old. . . @ Accra si rips 47 ©48 



Caucho(Peruvian)sheet 47 ©48 Lagos buttons 43 @4t 



Caucho (Peruvian) ball 51 ©52 Lagos strips 47 ©48 



CENTRALS Madagascar, pinky ©70 



_ Madagascar, black .... @49 



Esmeralda, sausage... 50 ©51 EAST INDIAN. 



Guayaquil, strip 47 ©48 



Nicaragua, scrap .. . .49 ©5° Assam 52 ©53 



Mangabeira, sheet 39 ©40 Borneo 30 ©40 



Late Para cables quote : 



Per Kilo. Per Kilo. 



Islands, fine 4$20O Upriver, fine 4$750 



Islands, coarse 2$ioo Upriver, coarse 3^250 



Exchange, 12 1/320'. 

 Last Manaos advices : (July 27) 



Upriver, fine 4$75o Upriver, coarse 3$050 



Exchange, 12 i/iid. 

 Para receipts July i to 26: 830 tons Rubber; 24oCaucho. 



NEW YORK RUBBER PRICES FOR JUNE (NEW RUBBER.) 



Upriver, fine 7° @7Z 



Upriver, coarse 55 @56}2 



Islands, fine 68 ©70 



Islands, coarse . 45 @4^ 



Cameta, coarse 48 ©52 



