April 1, 1913.] 



THE INDIA RUBBER WORLD 



377 



THADE NEWS NOTES. 



Dr. S. W. Stratton, Director of the Bureau of Standards, 

 Washington, has been elected to membership in the Council of 

 Underwriters' Laboratories. The body is composed of twenty- 

 two of the leading experts of the United States and Canada, who 

 serve witliout recompense and supervise the technical work of 

 the institution. 



The Hampton Manufacturing Co., of Indianapolis, has been or- 

 ganized with a capitalization of $35,000, to manufacture a tire 

 reliner. The organizers are Samuel Rubens, Simon B. Nuss- 

 baum and M. Moskin. 



The Derrickson Manufacturing Co., of Muncie, Indiana, has 

 been formed with a capitalization of $125,000, to manufacture 

 a puncture-proof compound for tires. The principal stock- 

 holders are H. S. Osborn, K. C. White and H. L. Kitselman. 



The factories of the Boston Rubber Shoe Co., at Edgeworth 

 and Essex Fells, Massachusetts, shut down March 15, to remain 

 closed until April 7 for the aniuial stock taking and repairs. 



The $100,000 preferred stock of the B. & R. Rubber Co., re- 

 cently offered to stockholders pro rata, has all been subscribed 

 for. Shipments of the company for January and February are 

 said to have increased about 25 per cent, over last year. 



Receivers have been appointed for the Ferromatic Tire and 

 Manufacturing Co., of Cleveland, whicli manufactured a spring 

 tire. 



The Bibb Manufacturing Company at Macon, Georgia, which 

 owns seven or eight cotton factories in Macon and other points 

 in Georgia, has had a large and increasing business during the 

 last four years in the manufacture of tire fabrics. This is an old 

 company and prior to its entrance on the tire fabric field, had 

 been manufacturing other fabrics for over a quarter of a century. 



Van Clief Bros., of 7111 Woodlawn avenue, Chicago, manu- 

 facturers of rubber cement and water-proofing substances, have 

 recently doubled the size and capacity of their plant. 



Charles E. Wood, previously with the New York Commercial 

 Co., is now operating independently as a crude rubber dealer, 

 with offices at 290 Broadway. Mr. Wood is handling all grades 

 of Paras, eastern plantation, central and African rubbers. He 

 was identified with the New York Commercial Co. for a long 

 period. 



L. Blitz, importer of crude rubber, will remove on May 1, from 

 5 Hanover street, New York, to the Maritime building, 8 and 10 

 Bridge street. Mr. Blitz was identified with the house of Live- 

 sey & Co. for a number of years, and handles a general line 

 of crude rubber. 



THE DREADNAUGHT TIRE AND RUBBER CO. 



The Dreadnaught Tire and Rubber Co. has just been in- 

 corporated in Baltimore, Maryland, with an authorized capital 

 of $1,000,000, for the purpose of making automobile casings. 

 The company will have a site of about four acres, and expects 

 to begin building operations within the next three or four weeks. 

 The initial plant will consist of a main building 65 x 180 feet, 

 three stories in height, made of brick and concrete, with a power 

 house 35 x 50 feet. The main building will be laid out with 

 reference to the addition, later, of wings, which may carry it 

 completely around the power plant. The president is A. F. 

 Gilbert; the treasurer, C. P. Triplett; the secretary, Walter E. 

 Hill— all of Baltimore, and prominent in financial and social 

 circles of that city. Mr. Wilmer Dunbar, very well known to 

 the rubber trade, will be general manager and vice-president of 

 the company, and will have full charge of the manufacturing 

 operations. 



DIVIDENDS OF RUBBER COUFANIES. 



The board of directors of the Rubber Goods Manufacturing 

 Co., on February 28, declared from the net earnings of the com- 

 pany the fifty-sixth regular quarterly dividend of 1J4 per cent, 

 on the preferred stock, and a dividend of 6 per cent, on the 

 common stock, both payable March IS, 1913, to stockholders of 

 record of March 10. 



Early in March the Intercontinental Rubber Co. declared a 

 regular quarterly dividend of 1J4 Pcr cent, on its preferred stock, 

 payable March 31 to stock of record March 21. 



The Walpolc Tire and Rubber Co. has declared a regular quar- 

 terly dividend of 1J4 PC cent, on preferred and 1 per cent, divi- 

 dend on common stock, payable .'\pril 15 to stock of record 

 April 1. 



Canadian Rubber Co. has declared the regular quarterly divi- 

 dend of 1J4 per cent, on preferred and 1 per cent, on common, 

 payable April 1. 



The Boston Belting Co. has declared a quarterly dividend of 

 $2 a share, payable April 1, to stockholders of March 15. 



The B. F. Goodrich Co. has declared a quarterly dividend on 

 its preferred stock of 1-54 per cent., payable April 1, to stock- 

 holders of March 24. 



UNITED STATES RUBBER CO.'S ISSUES. 



Transactions on the New York Stock Exchange for 

 weeks, ending March 22. 



Common Stock, $25,000,000. 



(The treasury of a subsidiary company holds $1,334,000.) 

 Last Dividend, January 31, 1912—1%. 



Week March 1.. Sales 34,610 shares High 63 Low 



Week March 8.. Sales 12,550 shares High 63 Low 



Week March 15.. Sales 14,200 shares High 61^ Low 



Week March 22.. Sales 6,750 shares High 60^ Low 



For the year — High, 681$, January 10; Low, ST'A, February 24. 

 Last year — High, 67?^; Low, 45'4. 



First Preferred Stock, $39,824,400. 



Last Dividend, January 31, 1912—2%. 



Week March 1.. Sales 1,515 shares High 106'4 Low 



Week March 8.. Sales 900 shares High 106 Low 



Week March 15.. Sales 1,300 shares High 105 Low 



Week March 22.. Sales 650 shares High W^'A Low 



For the year— High. 109, January 8; Low, 104, March 19. 

 Last year — High, 116; Low. 105^. 



Second Preferred Stock, $9,965,000. 



Last Dividend, January 31, 1912— 1!^%. 



Week March 1 . . Sales shares High — 



Week March 8.. Sales shares High — 



Week March 15.. Sales shares High — 



Week March 22.. Sales shares High — 



For the year — High. &1'4, January 9; Low, 7854, February 13. 

 Last year — High, SS'A; "crtv, 7S. 



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



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



Week March 1.. Sales 65 bonds High 103^4 Low 



Week March 8.. Sales 30 bonds High 102^ Low 



Week March 15.. Sales 86 bonds High 102^ Low 



Week March 22.. Sales 6 bonds Uiph Wlyi Low 



For the vear— High, 1033^, February 15; Low, 100, March 15. 

 Last year— High, 105; Low, 102'/. 



four 



57^ 

 59J4 

 59^ 

 59 



104^ 

 105?^ 

 10414 

 104 



Low 

 Low 

 Low 



Low 



102M 

 102 

 100 

 101 



A TIRE COMPANY IN FLORIDA. 



A report comes from Florida that a rubber company, to be 

 known as the Seminole Rubber Co.. will erect a plant in Jack- 

 sonville, that state, to manufacture automobile tires and other 

 auto accessories in which rubber is used. The company is 

 capitalized at $1,000,000, and expects to employ 500 hands and 

 turn out 300 tires per day. It hopes to be in operation within 

 three months' time. 



