November i, 1901.] 



THE INDIA RUBBER V/ORLD 



31 



ANOTHER "RUBBER TRUST"? 



'0^^'^m ^ 



WPo*^' 



Published on the Ist of each Month by 



THE INDIA RUBBER PUBLISHING CO. 



No. 150 NASSAU ST.. NEW YORK. 



HENRY C. PEARSON, 



EDITOR. 



HAWTHORNE HILL, 



ASSOCIATE. 



Vol. 25. 



NOVEMBER 1. 1901. 



No. 2. 



Subscriptions : 83.00 per year, Sl.75 for six months, postpaid, for the United 

 States and Canada. Foreign countries, same price. Special Rates for 

 Clubs of Ave, ten or more subscribers. 



Advertising: Rates will be made known on application. 



REMITTANCES: Should always be made by bank draft. Post Office Order' or 

 Express Money orders on New York, payable to The India Rubber 

 Publishing Company. Remittances for foreign subscriptions should 

 be sent by International Post order, payable as above. 



Discontinuances : Yearly orders for subscriptions and advertising are 



regarded as permanent, and after the first twelve months they will 

 be discontinued only at the request of the subscriber or advertiser. 



Bills are rendered promptly at the beginning of each period, and 

 thereby our patrons have due notice of continuance. 



Entered at New York Post Office as mail matter of the second-class. 

 TABLE OF CONTENTS. 



PAGE. 



Editorial : 



Another "Rubber Trust"? 31 



Are Times So Bad in Brazil ? 31 



Another Rubber Belt In Africa . 32 



Strikes and the Rubber Industry 32 



Rubber Shoes Made by Machinery 3! 



Minor Editorial 33 



The Stealing of Crude Rubber 34 



The Acid and Vapor Cures A Sui)crintenilent 35 



Kubber and Gutta-Percha in the Philippines Frank J. Dunleavy 36 



Capt. Genrge P. Ahern 37 



Crude Rubber Contracts Bay State 37 



French Soudan as a Source of Rubber 39 



[With Map of West African Rubber Districts.] 



The India-Rubber Trade in Great Britain 



Our Jiryular CurresjiOndcnt. 41 



[Rubber Shoe Trade. Visits to Works. Recovered Rubber. Botany 

 and the Rubber Trade. Motor Tire Affairs. E.vposure of Rubber, 

 Condition of Trade.] 



Rubber Tires at a Carriage Exposition 43 



Rubber Planting in Many Lands 



[Pl.inlations L.ic{>urt (Con^o Free State). Mention of Companies in 

 Me.xico, Honduras, and Guatetnala. Planting in North Borneo.] 



Death of Charles L. Johnson 47 



[With Portrait ] 



Recent Rubber Patents [American and English] 48 



Mr. Cano and the " Pacific Rubber Co.'' Chaa. Q Vaito 49 



New Trade Publications 49 



Miscellaneous : 



Exports of American Rubber Goods 34 



Rubber from the Beni Kiver 84 



New Philippines Tariff ','.,". 38 



<J«rman Electrical Companies 41 



New Rubbers from Peru and Honduras 40 



All About Rubber In Brief 44 



Rubber Notes from Europe [[ \ ' 44 



Yield of the Para Rublier Tree .........' 46 



"Castllloa ElHstica" from Cuttings Friinciii C.Nicholas 46 



A Revolution in the Manufacture of Rubber Footwear 61 



Some New Lawn Sprinklers (//'u.s(m(c<J) .. 62 



New Goods and Specialties in Rubber (llluslraled) 63 



[Bailey's New Heel Cushion Johnson's .Accident Case. Automobile 

 Mat. Brooke '■ Airless Pneumatic '* Tire. Morris Spring Bottom 

 Duck Bankets. An Air Mattress with "Slays."] 



The Rubber Trade in Chicago A Reuular Correspimilf nt 64 



News of the American Rubber Trade 55 



Review of the Crude Rubber Market 59 



"T^HE newspapers have harvested the periodical crop of 

 -*■ rumors, which may have no more foundation in fact 

 than usual, regarding the prospect for another combina- 

 tion in the rubber industry. Though considerable space 

 has been devoted of late to such rumors, they are mostly 

 too vague to justify repetition in our |news columns, and 

 we are content to leave them for consumption outside the 

 rubber trade. One of these reports, by the way, is dis- 

 posed of in a newspaper published in an important rubber 

 manufacturing center, under the head line, " A Hot Air 

 Story." Whatever this phrase may mean, it is evident 

 that the journal in question has been inspired by the local 

 members of the trade with a large degree of skepticism in 

 the matter of a more comprehensive " rubber trust " than 

 has yet taken shape. 



It would be a safe assumption that any rubber factory 

 in the country could be bought, provided the price were 

 made sufficiently attractive to the present owners. But 

 payment would have to be made in cash, or at least in 

 paper more readily negotiable than the general run of in- 

 dustrial securities nowadays. In brief, the rubber industry 

 is in a good condition to-day, and the successful owner of 

 a factory, if called upon to sell, would probably ask more 

 for the business than he could expect to make from it by 

 continuing in charge. It would not be enough to take a 

 big price on paper, to be realized only in the event of the 

 combination proving a success from the dividend paying 

 standpoint. 



Industrial consolidation, as effected nowadays, calls for 

 the aid of bankers, who take blocks of shares as security 

 for the money of their customers or depositors. It hap- 

 pens at this time that the prevailing quotations for indus- 

 trial securities are so low as to discourage investments of 

 this class, no matter what the particular industry may hap- 

 pen to be. But so far as the rubber trade is concerned, 

 the whole subject has been threshed over and over again, 

 and it is not probable that a single manufacturer has 

 become more favorably inclined toward going into a 

 " combine" as a result of what has been done in consoli- 

 dating the rubber industry in the past. At any rate, any 

 talk about a new " rubber trust " could be considered more 

 seriously if it came from leaders in the trade, instead of 

 being confined to anonymous sources, whence the news- 

 papers are as likely as not — or even more likely — to bring 

 up a fine catch of misinformation as often as they go fish- 

 ing. 



ARE TIMES SO BAD IN BRAZIL.? 



TT may seem strange that so little can be learned about 

 ■*• the affairs of a country so important as Brazil, and in 

 which civilized government has so long existed. But 

 government "by the people" exists there as yet only in 

 theory, and real information regarding the administration 

 is little diffused. As regards business conditions, the man 

 is fortunate who knows the state even of his own affairs. 

 In a country so vast, and with limited means of inter-com- 



