Al'KIL 



1913. 



THE INDIA RUBBER WORLD 



373 



News of the American Rubber Trade. 



THE ACUSHNET PROCESS. 



THE .-XcushiiL't I'rocess Co. report many inquirii-s in regard to 

 their "Xew Tabasco" and "Hidalgo" brand rubbi^rs. The 

 good appearance of these rubbers has been generally com- 

 mented upon. They also report a good demand for uncured 

 friction scrap, and state that this part of the plant is now working 

 on a day and night basis. A new reclaiming process is being de- 

 veloped by them, from which they claim that they arc getting 

 excellent results. The reclaimed products will pruljably be put 

 on the market during the summer. 



RUBBER GOODS MANUFACTURING CO. 



The annual meeting of stockholders of the Rubber Goods 

 Manufacturing Co. for the election of directors and for the 

 transaction of any other business which may properly be 

 brought before the meeting, will be held at the principal office of 

 the company, JCo. 15 Exchange place, Jersey City, New Jersey, 

 on Thursday, April 10, 1913, at 12 o'clock noon. 



The transfer books will be closed, but the Xew Jersey Cor- 

 poration law will not allow to be voted at said meeting any 

 share of stock which shall have been transferred after March 21. 

 1913. 



STATEMENT OF THE APSLEY RUBBER CO. 



The .\psley Rubber Co., Hudson, Mass., has filed with the 

 Massachusetts secretary of state a statement of its financial con- 

 dition, dated January 20, 1913, which shows an increase of $30,- 

 000 in surplus over a year ago. Its latest statement in com- 

 parison with tliat made a year ago is given below: 



Assets: 1913 1912 



Real estate $252,359 $252,133 



Machinery, fixtures, tools 239,932 233,806 



Material stock in process 511.365 508,334 



Cash and debts receivable 444,797 414,173 



Patent rights trade marks 8.851 8,882 



Investments 120,000 120,000 



Total $1,577,304 $1,537,388 



Liabilities : 



Capital stock $750,000 $750,000 



Accoimts payable 197,203 1 17,095 



Floating debt 265,000 335,000 



Surplus 365,101 335,292 



Total $1,577,304 $1,537,388 



A BOSTON VIEW OF U. S. COMMON STOCK. 



There are few topics as interesting to tinancial writers as the 

 potentialities in the way of dividends of the common stock of 

 the United States Rubber Co. Here is a paragraph taken from 

 a recent issue of a Boston financial paper, which sliows how at 

 least one New England observer views the situation : 



"There continues to be a strong impression in quarters close 

 to the controlling interests of the United States Rubber Co. 

 that at their approaching meeting the Rubber directors will 

 place their common stock on a 6 per cent, basis. Anthony N. 

 Brady and Samuel P. Colt. I am told, retain their very large 

 holdings, estimated by well-informed people a few weeks ago 

 at 75.000 shares of this issue. They are the dominant interests 

 in the company and are credited with the belief that the earnings 

 of the Rubber company, present and prospective, amply justify 

 the talked-of change in dividend. The open winter was against 

 the rubber shoe business. On the other hand, the automobile 

 industry is extremely active. The auto truck is gaining in usage 

 by leaps and bounds. Hence a big field for the rubber tire 

 business." 



THE DUNLOP RUBBER CO. TO MAKE FABRICORD TIRES. 



The "Fabricord" tire, owned by the Century Rubber Co., of 

 Plainfield, N. J., has spread over new territory. A tire deal 

 of considerable itriportance was recently completed, when the 

 Dunlop Tire and Rubber Co. concluded an agreement with the 

 Century Rubber Co. for the exclusive use and manufacture of 

 the Fabricord tires in Canada. The agreement gives the Dunlop 

 company the exclusive right to the Dominion and the goods 

 produced in Canada will be known as the Dunlop-Century Fabri- 

 cord Tire. 



CAPITAL INCREASE AND OPERATIVES BACK AT WORK. 



TIic Plymoutii Rubber Co., of Canton. Oliio, has been incorpo- 

 rated under the laws of Massachusetts, with a capitalization of 

 $1,500,000, consisting of 5,000 shares of 7 per cent, cumulative pre- 

 ferred and 10,000 shares of common at $100. The incorporators 

 arc A. Sydeman, J. Meade, D. Harris, S. Lewnberg and W. H. 

 Howard. 



Incidentally, the employees of the company who went on strike 

 late in February returned to work on March 10, on the terms 

 offered them by the company. 



A BOSTON BRANCH FOR THE D. FEINBURG CO. 



The D. Feinburg Co., 243 Water street. New York, opened on 

 March 15, a branch store and warehouse, with full facilities for 

 handling scrap rubber, at 168 A street, Boston. It will be in 

 charge of M. G. Hopkins and Fred. Feinburg. 



PORTAGE RUBBER CO.'S DIVIDENDS. 



The board of directors of the Portage Rubber Co. at a regular 

 meeting held on Wednesday, March 12, declared the regular 

 quarterly dividend of one and three-quarters per cent, payable 

 .•^pril 1 on all stock of record March 1. This company has been 

 paying a dividend of 7 per cent, on its preferred stock since 1910. 

 It is reported that they have already booked orders for prac- 

 tically all the tires they can make during the coming season, and 

 it is believed by people familiar with the company's affairs that 

 it can soon pay a dividend on the cotnmon stock also. 



TRADE NOTES. 



The Century Rubber Co., of Cliicago, has acquired a five years' 

 right to manufacture Goodall packings. This is a relatively 

 young concern, which has made rapid strides. It makes a gen- 

 eral line of mechanical goods, as well as an excellent quality of 

 reclaimed rubber. 



Robert Badenhop, importer of crude rubber, balata and gutta- 

 percha, has recently moved into his new offices at 69 Wall street, 

 New York. The change from the old quarters was occasioned 

 by the increase of business. The firm has recently opened a 

 branch office in the Second National Bank building, of Akron, 

 with Mr. Harold W. Holcombe in charge. Prior to Mr. Hol- 

 combe's present affiliation, he was connected with the Trenton 

 Rubber Co. 



The Dryden Rubber Co., of Chicago, is now operating its new 

 plant, which is as well-equipped and as busy a factory, for its 

 size, as there is in the West. The Dryden Co.. in addition to 

 a general product, is making a line of highly successful special- 

 ties, including a rubber belt boot for horses, and a special type of 

 plumbers' force-cup, both of which are in active request. George 

 Dryden. the president of the company, whose methods have 

 brought the Dryden business to its present successful condition, 

 is one of the most aggressive and effective members of the West- 

 ern rubber manufacturing trade. 



The Mcllroy Hose & Belting Co., of Hammond, Indiana, has 

 put a new rubberized fibre hose on the market, said by Mr. Mc- 

 llroy to be the only hose of its type now being offered. 



