154 



THE INDIA RUBBER WORLD 



[February i, 1902. 



countries, the best fitting, the most sightly, and more servicea- 

 ble than any goods made, and at a price that we can all buy and 

 sell and make a profit at. Why should we give it away ?" 



UNITED STATES RUBBER CO. 

 A REPORT that the general offices of this company would be 

 removed from New York to Boston was denied by President 

 Samuel P. Colt in a newspaper interview on January 7. The 

 company will, however, consolidate their offices in Boston, 

 when an addition has been completed to the Converse build- 

 ing, in Milk street, in which the offices of the Boston Rubber 

 Shoe Co. are located. - The Boston Rubber Shoe Co.'s Chi- 

 cago office, in charge of W. C. Hecox, manager, is now located 

 at No. 244 Monroe street, with the Chicago branch of the 

 United States Rubber Co.===C. B. Allen, formerly in charge 

 of the latter office, having returned to Boston, has been suc- 

 ceeded in Chicago by H. G. Armstrong, for some time past 

 representing the United States Rubber Co. in Baltimore.== 

 Recent transactions in the company's shares on the New York 

 Stock Exchange have^been as follows : 



DATES. 



Week ending Dec. 21 

 Week ending Dec. 28 

 Week ending Jan. 5 

 Week ending Jan. 12 

 Week ending Jan. ig 

 Week ending Jan. 26 



Common. 



Low. 



i8J^ 

 18 



18X 



l8*-4 



14 



Prefhrred. 



Sales. 



1,500 

 364 



1. 510 

 075 

 300 

 100 



SUMMARY OF SHARE TRADING IN igOI. 

 Class. Sales. First. High. Low. Last. 



Common shares 318,038 29% 34 liyi 14 



Preferred shares 132,278 79}^ 85 47 595,3 



During the past month many inquiries have been made as to 

 the effect upon the United States Rubber Co. of certain fail 

 ures in the rubber trade. The statement has been authorized 

 at the company's office that the business of the company was 

 affected in no sense, except that the opportunity was availed 

 of to purchase an important quantity of crude rubber at a con- 

 cession from prevailing prices. This was regarded as a benefit 

 rather than an injury. 



RUBBER SHOE SOLES FOR CHINA. 

 According to the Akron (Ohio) Democrat a leading factory 

 in that town has received a good order for rubber soles for 

 shipment to China. In The India Rubber World for July i, 

 1900 [page 279], Mr. C. K. Ogiwara, of the Oriental Rubber 

 Manufacturing Co. (Tokio, Japan), suggested that, while the 

 sale of rubber shoes was not likely to increase greatly in China, 

 ordinary Chinese shoes, made in native shops with rubber 

 soles, might meet a large demand, and his company, it was un- 

 derstood, meant to introduce rubber soles to that trade. 



INDEPENDENT RUBBER CO. (aKRON, OHIO.) 

 This new enterprise was mentioned in the last India Rub- 

 ber World [page 120], since which time Messrs. Stark, Linn, 

 and Dildine have sold their interest to William Dunn and 

 Elmer Lundgreen, who will contmue the business, reorganiz- 

 ing it under the name of the Superior Rubber Co. 



BRASS GOODS FOR HOSE. 



H. B. Sherman Manufacturing Co. (Battle Creek, Mich- 

 igan) have purchased the Acme Brass Works (Elkhart, Indi- 

 ana), and are moving same to Battle Creek, where it will be 

 consolidated with their present plant. The line of hose brass 

 goods formerly made by the Acme Brass Co. was up to date, 

 all of the patterns being new, as they had only operated the 

 plant for a trifle over eighteen months, and consists of a full 



line of cast hose couplings in both water and steam styles, au- 

 tomatic couplings, underwriters' pipes, hosepipes in all sizes 

 and styles, sprinklers, hose caps, nipples, reducers, etc. The 

 above line added to the present high grade specialties turned 

 out by H. B. Sherman Manufacturing Co. will give them the 

 most complete line of hose brass goods in the country. 



HAMILTON RUBBER MANUFACTURING CO. 

 At the annual meeting, at Trenton, New Jersey, on January 

 16, the officers were reelected, as follows: Edward D.Cook, 

 president; William H. Servis, vice president; Charles Howell 

 Cook, treasurer ; William L. Blodgett, secretary. A dividend 

 was declared on the year's business, amount not stated. 



WOONSOCKET (R. I.) RUBBER CO. 

 Notices were posted at the " Alice " mill on January 16, an- 

 nouncing a shut-down beginning Monday, January 27, with no 

 intimation when work will be resumed. The mill employs 

 about 1000 hands when running full, but for some time past 

 had been running with a reduced force. •=~A later intimation 

 is that the shutdown is to last until March 3. President Sam- 

 uel P. Colt is quoted in a Woonsocket newspaper as saying 

 that the company's boot mill, at Millville, is not to be closed. 



BOSTON RUBBER SHOE CO. 

 On January 7, Colonel Frank L. Locke became superintend- 

 ent of the two factories of this company, with Walter E. Piper 

 as assistant. Colonel Locke had long been assistant superin- 

 tendent of factory Noi i, and Mr. Piper had been employed in 

 a similar capacity at factory No. 2.==On January 13 the fac- 

 tories began running 9 hours a day instead of 10 hours. ==■ 

 The factories were closed from Monday, January 27 to the end 

 of the week. 



RUBBER GOODS MANUFACTURING CO. 

 The third annual meeting of stockholders is due to be held 

 at the company's registered office, in Jersey City, on February 

 xo. The company is reported to have done a satisfactory 

 amount of business during 1901, with net earnings of $i,Soo,- 

 000. The net sales during 1900, according to a statement made 

 to the New York Commercial by William A. Towner, an officer 

 of the company, amounted to $13,956,561. = = Mr. Towner also 

 stated that a few notes held by the Crude Rubber Co. at the 

 time when the latter went into the hands of a receiver, were 

 made by constituent companies of the Rubber Goods Manufact- 

 uring Co., and these would be paid when due. The Rubber 

 Goods company would be in no sense affected by the Crude 

 Rubber failure. = ™Rumors are afloat again regarding a move- 

 ment to bring about a further consolidation of the mechanical 

 rubber industry, with the Rubber Goods Manufacturing Co. 

 as the basis. One report attributes the new activity in this 

 direction to the holders of the shares taken over from Charles 

 R. Flint on his retirement from the company.==Transactions 

 in Rubber Goods shares on the New York Stock Exchange 

 have been as follows : 



SUMMARY OF SHARE TRADING IN I90I. 



Class. S.iles. First. High. Low. Last. 



Common 172.631 32^ 383^ 18 2oJ^ 



Preferred 18,541 87^ 90 65 70>^ 



