122 



THE INDIA RUBBER WORLD 



[January i, 1902. 



qualified to do business in Ohio. The Ohio headquarters will 

 be at Youngstown, where are located the Ohio Oilcloth Co. 

 works acquired by the company. The legal representative in 

 Ohio of the corporation is Henry H. Garlick, of Youngstown, 

 who is also its president. =-"The principal headquarters of the 

 company is at No. 320 Broadway, New York. 



RUBBER DEPARTMENT OF A CHICAGO HOUSE. 

 The Peerless Rubber Manufacturing Co.'s general western 

 agents, from the beginning, have been the large hardware and 

 supply jobbing house of George B. Carpenter & Co. The Rad- 

 ford Review, a leading Chicago trade journal, in its November 

 issue devoted nine pages to an illustrated history and descrip- 

 tion of the Carpenter house, giving ample space to the rub- 

 ber department, where the Peerless products are handled. The 

 manager of this department is George Hawkinson who has been 

 with the Messrs. Carpenter for fourteen years. The special 

 road salesman for this department is J. Hurd Thompson, 

 who has had an experience of twenty-six years in the rubber 

 trade in the northwest. The corps of salesmen has been in- 

 creased lately by the addition of George N. LeRoux, employed 

 previously by the Quaker City Rubber Co. (Philadelphia.) The 

 Carpenter house dates from 1840 ; the number of employes has 

 grown to 285 ; their latest catalogue cost $10,000 to publish ; 

 they claim to hold the record for the sale of steam packings. 



UNITED STATES RUBBER CO. 



There are rumors in the trade that price lists may be revised 

 slightly on this date, to the extent of raising prices on some 

 items which are, proportionately, too low.==The usual date 

 for declaring dividends on the preferred stock is the first Thurs- 

 day in January. ==Transactions in shares of the United States 

 Rubber Co. on the New York Stock Exchange since our last 

 report have been : 



DATES. 



Week ending Nov. 23 

 Week ending Nov. 30 

 Week ending Dec. 7 

 Week ending Dec. 14 

 Week ending Dec. 21 



Common. 



Sales. High. Low. 



too 

 1.570 

 2,810 

 1,360 

 4,510 



15?^ 



15 

 M 



15^ 

 15 



Preferred. 



The New York Herald oi December 24 printed an interview 

 with Charles R. Flint relative to the market for Rubber stocks. 

 He was asked whether it was true that James R. Keene — a 

 prominent Wall street speculator — and his son in law Talbot 

 J. Taylor, were " angry " at the ways the stocks had declined. 



I have no reason to think so [said Mr. Flint.] The decline in United 

 States Rubber was due to the coming of two open winters, when the de- 

 mand for rubber boots and shoes was cut down, and in the scramble for 

 the reduced business prices were slashed. Mr. Keene appreciates that, 

 1 presume. At one time he helped in a campaign to raise the prices of 

 Rubber stocks, and must have made a great deal of money then. 

 Whether he lost on the decline as much as he made on the rise I do not 

 know. 



EMPIRE RUBBER SHOE CO. CLOSE. 

 Last month was reported [page 85I a petition in bankruptcy 

 against this company, which, since June, had been operating 

 under lease the shoe factory of the Model Rubber Co. (Woon- 

 socket, R. I.) George H. Emmolt, of the Morrell Knitting Co. 

 (Woonsocket) was appointed trustee, at the request of the cred- 

 itors, and on December 18 he surrendered the lease. There 

 has since been talk of the mill being leased again. Indeed, the 

 Woonsocket Reporter learns that the purpose of the Atlantic 

 Rubber Shoe Co., the new $(0,000,000 company, is to lease the 

 Model factory. A representative of Morse & Rogers (New 



York), large jobbers of shoes and rubbers, is reported to have 

 visited the mill, with a view possibly to leasing it. The assets 

 of the Empire company are reported very small. 



CHANGES IN THE RUBBER FOOTWEAR TRADE. 

 The business of P. J. McEnroe & Co., selling agents in Chi- 

 cago of the " Meyer" and "Jersey" brands of rubber footwear, 

 has been consolidated with the western branch of the Lycom- 

 ming Rubber Co., ot which F. O. Ketterling has been manager 

 hitherto. The combined business will be conducted under the 

 style of The Standard Rubber Shoe Co., with F. O. Ketterling 

 president and treasurer and A. G. Burt secretary, with store 

 and offices at Nos. 240-242 Monroe street.= = P. J. McEnroe & 

 Co. have established themselves at No. 148 Franklin street, 

 Chicago, where they will handle the sale of the " Woonsocket " 

 and " Rhode Island " brands of rubber boots and shoes. 

 =^Charles B. Allen, who went from the East to Chicago 

 eleven years ago to sell " Woonsocket " rubber boots and 

 shoes, and who has been selling agent there for the United 

 States Rubber Co. since the Woonsocket company was ab- 

 sorbed, after this date will be located at the Boston head- 

 quarters of the United States Rubber Co. — still selling " Woon- 

 sockets." A dinner was tendered to Mr. Allen, before he left 

 Chicago, by a number of his friends in the local trade. 



CALENDARS FOR I9O2. 

 The first to come to hand this season was that issued yearly 

 by James Boyd & Brother, jobbers in mechanical rubbers, of 

 Philadelphia, in which is provided a separate leaf for every 

 week, besides rates of postage, discount tables, and other use- 

 ful information for the business office.==THE Whitman & 

 Barnes Manufacturing Co. (Akron, Ohio, and No. in 

 Chambers street. New York) issue as usual a calendar printed 

 in large figures, one leaf for each month, in connection with 

 which are advertised their varied line of manufactures, includ- 

 ing rubber goods. This calendar merits a repetition of the 

 praise bestowed upon the past issues. -==Theodore Hofel- 

 LER & Co. (Buffalo, N. Y.) send us a large picture calendar, for 

 hanging on a wall.==LA Favorite Rubber Manufactur- 

 ing Co. (Paterson, N. J.) send a calendar and diary combined, 

 for pocket use — a very convenient booklet. 



NEW INCORPORATIONS. 

 Atlantic Rubber Shoe Co., December 18, under New Jer- 

 sey laws ; to manufacture, prepare for market, transport, and 

 market rubber products, and form, promote, and financially 

 assist syndicates and corporations; capital authorized, $10,000,- 

 000, in shares of $100. The capital to consist of $2,500,000 in 

 6 per cent, cumulative preference shares and $7,500,000 in com- 

 mon stock. Alter the payment of dividends on the preferred 

 stock, 25 per cent, of any remaining earnings in each year to be 

 set apart as a surplus fund, for the redemption and cancellation 

 of the preferred shares until all these shall have been retired. 

 The principal office and the stockbook to be kept in New Jer- 

 sey, but the company may transact business in any state or ter- 

 ritory or dependency of the United States. The company 

 shall, at least once in each year, cause a shareholder's balance 

 sheet to be prepared, containing information under certain 

 specified headings, the same to be open for inspection, at the 

 company's registered office, by the shareholders in person, for 

 a period of at least seven days before each annual meeting. 

 The certificate of incorporation, instead of being signed by the 

 parties in interest, is signed by the legal representatives of the 

 different interests involved. They are: Henry M. Rogers, 

 senior member of Rogers & North, lawyers, Boston ; Francis 

 C. Lowthrop, lawyer, Trenton, New Jersey ; James B. Dill, the 

 well known corporation lawyer. New York. The registered 



