204 



THE INDIA RUBBER WORLD 



[January 1, 1913. 



J. M. Gilbert, general sales manager of the United States Tire 

 Co., accompanied by J. D. Anderson of the corporation, both of 

 New York, have been recent visitors in San Francisco on their 

 tour of inspection of the coast. They report themselves as fa- 

 vorably impressed with conditions here and have decided to 

 increase worlcing facilities and to open new branches. 



D. W. ^klcEIligott, San Francisco manager for the Halliwell 

 Co., an automobile supply house, has recently taken on a new 

 line, the Jackson-Eno rubber tire specialties 



W. D. Newerf, Pacific Coast agent for the Miller tires, has 

 returned from his recent visit to the factory at Akron. 



The Panama Rubber Co. has been incorporated at Los Angeles 

 with a capital stock of $1,000,000 by W. H. Newerf, W. E. 

 McCune, A. S. Heilbron, and J. G. Seymour. 



The Alcorn Rubber Co. has been incorporated at Los .Angeles 

 with capital stock of $20,000. J. A. Alcorn, C. F. Wickland and 

 G. Baker are among the stockliolders. 



THE RUBBER TRADE IN TRENTON. 



By a Resident Correspondent. 

 AN appalling accident occurred about the middle of 

 December in one of the rubber factories of this city. 

 The details are altogether too shocking to be given, but it 

 might serve a good purpose to give simply the essential 

 facts, to show all rubber manufacturers (together, of course, 

 with other manufacturers) the necessity of guarding elevator 

 shafts so completely that accidents of this sort would be 

 impossible. In this particular mill the company had put a 

 safety gate across the opening in the elevator shaft to keep 

 employes from falling down, but this gate was only about 

 shoulder high, so it was possible for an employe to put his 

 head over and look down the shaft. This is precisely what a 

 15-year-oId boy did at just the moment that the elevator was 

 descending above him. He was struck and beheaded as if by 

 a guillotine. 



Fire did damage to the plant of the Empire Rubber Manu- 

 facturing Co. last week to the amount of $10,000, fully covered 

 by insurance. The blaze started in the enamel and storage 

 department and the firemen had a hard battle for some hours. 



The cause of the fire is unknown, but the opinion was 

 advanced by several employes of the plant that the blaze was 

 due to electricity from the friction of machinery. The fire 

 occurred in the afternoon and the employes fought the blaze 

 pending the arrival of the city fire department apparatus. 



The officers of the plant stated that the fire would not in 

 any way hinder the operation of the plant, which is running 

 day and night, as it has been all season. 



According to an amended certificate filed in the office of 

 the Secretary of State of New Jersey the General Rubber 

 Co. of Newark has increased its capital stock from five to 

 ten million dollars. 



EEVISION OF PLANTATION SALAHIES. 



With lower prices for rubber, the question of the salaries paid 

 by plantation companies for white supervision has been at- 

 tracting attention. The expenditure of plantation companies 

 may be divided into labor, white supervision and home adminis- 

 tration. In dealing with this subject, the "Financial Times" of 

 London lately remarked that the high prices at one time ruhng 

 for rubber allowed the payment by producing companies, of high 

 salaries to men with limited tropical experience, and none what- 

 ever of rubber cultivation. It is suggested that the plantation com- 

 panies will find compensation for lower prices not only by in- 

 creasing outputs, but by a reduction of the current expenses for 

 supervision. 



OBITUARY RECORD. 



SUDDEN DEATH OF JOSEPH N. SMITH. 



lyiR. JOSEPH N. SMITH, president of the Boston Woven 

 ^"•^ Hose & Rubber Co., died very suddenly at his Beacon street 

 home in Boston, about 11:30 on the evening of December 18. 

 Throughout the day Mr. Smith had been at his office attending 

 to business with nothing to show that he was not in his usual good 

 health except a slight indisposition ascribed by himself and his 

 family to a temporary attack of indigestion. In the evening he 

 attended the opera but complained of feeling worse, and for that 

 reason left before the performance was finished. On returning 

 to his home he retired immediately, dropping into an entirely 

 natural slumber almost at once. About 11 :30 Mrs. Smith was 

 awakened by an unusual noise only to find that Mr. Smith had 

 already passed away. 



Mr. Smith was born January 12, 1840. in what is now Peabody, 

 but was at that time a part of the town of Danvers. In early 

 business life he was a successful shoe manufacturer, later be- 

 coming identified with other large interests, and upon the re- 

 organization of the Boston Woven Hose & Rubber Co., in 1899, 

 was elected a director and president of the corporation. These 

 offices he had held continuously from that time up to his death. 



The offices and all departments of the factory were closed 

 Saturda)', December 21, as a mark of respect. 



THE DEATH OF JOHN H. GEEACEN. 



John Henry Greacen, at one time an officer of the International 

 Rubber Co., and son of the late John Greacen, died on November 

 29, on board his private yacht, "The London," at Savannah, 

 Georgia, in his S6th year. The body was forwarded to Glen 

 Ridge, New Jersej', for interment. 



UNITED STATES RUBBER CO.'S ISSUES. 



Transactions on the New York Stock Exchange for 

 weeks, ending November 23 : 



Common Stock. $25,000,000. 



[The treasury of a subsidiary company holds 51,334.000.] 

 Last Dividend, October 31, 1912— ITf. 



Week November 30 Sales 43,705 shares 

 Sales 39,200 shares 

 Sales 17.050 shares 

 Sales 16,450 shares 

 Sales 8,690 shares 



four 



Week December 7 



Week December 14 



Week December 21 



Week December 28 



For the year — High, 67H, May 21; Low, 4554 

 Last year — High, 48^4; Low, 30^- 



First Preferred Stock. $39,824,400. 



Last Dividend, October 31, 1912— 2Tc. 



Week November 30 Sales 1.013 shares High 109' i Low 108^4 



Week December 7 Sales 1,245 shares High lOS's Low 106^ 



Week December 14 Sales 3,400 shares High 107i^ Low 106 



Week December 21 Sales 1.850 shares High IO814 Low 107 



Week December 28 Sales 700 shares High 107 Low 107 



For the year — High, 116, May 20; Low, 103->8, July 25. 

 Last year— High, IIS'A; Low, 104. 



Second Preferred Stock, $9,965,000. 



Last Dividend, October 31, WU—VA'/c. 



Week November 30 Sales 90O shares High 805^ Low 80 



Week December 7 Sales 300 shares High 75 Low 75 



Week December 14 Sales 600 shares High 79?,^ Low 78 



Week December 21 Sales 2.100 shares High 8014 Low 79J4 



Week December 28 Sales 300 shares High 79 Low 79 



For the year — High, 8SV2, May 21; Low, 75, January 23. 

 Last year — High, 79; Low, 66. 



Six Per Cent. Trust Gold Bonds, $18,000,000. 



Outstanding of the 1908 issue of $20,000,000. 



Week November 30 Sales 7 bonds High 1033.-^ Low 10354 



Week December 7 Sales 25 bonds High 1035-^ Low 103 



Week December 14 Sales 21 bonds High 103 Low 102i^ 



Week December 21 Sales 26 bonds High 103 Low 102.^^ 



Week December 28 Sales 14 bonds High 103 Low 102^ 



For the vear— High. 105. February 24; Low, W2'A, December 28. 

 Last year— High, 105; Low, 101 54. 



