192 



THE INDIA RUBBER WORLD 



[March i, 1902. 



during November and December alone were $155,592. The 

 directors considered as premature any action on dividends^ 

 however, until the company has been in operation twelve 

 months. " The last year," they reported, "as is known, was 

 perhaps the most unsatisfactory year cotton manufacturing 

 concerns have experienced since 1884, and while more satis- 

 factory conditions have now been reached, it has been deemed 

 wise to proceed conservatively. The prominence in the 

 general export trade of Mr. Park, who has become president of 

 the Cotton Duck Corporation, may be regarded as evidence of 

 a more vigorous foreign trade policy on the part of the com- 

 pany. Already the export of American cotton duck has at- 

 tained large proportions.^-^- The J. Spencer Turner Co. (New 

 York), selling agents for the corporation, maintain a London 

 branch, and are advertising its products extensively in Europe. 



The annual meeting of the Mount Vernon-Woodberry Cot- 

 ton Duck Co. was held at Jersey City February 14, and direc- 

 tors chosen, after which the directors elected the following 

 officers : 



Chairman Board of Directors — S. Davies Warfield. 



Ptesident and General Manager — James E. Hooker. 



Vice Presidents — J. Spencer Turner, and J. Southgate Lemmon. 



Treasurer — Charles K. Oliver. 



Secietary — D. H. Carroll. 



Executive Committee — Messrs. Warfield, Hooper, Lemmon, Oliver, 

 Carroll, and James M. Barnard, and W. E. P. Duvall. 



HARDMAN RUBBER CO. 



The annual reception of the employes of this company, at 

 the factory, at Belleville, New Jersey, on the evening of Febru- 

 ary 10, was, as usual, highly enjoyed by those who took part. 

 The spacious stockroom was tastefully decorated for the occa- 

 sion, and the Messrs Hardman, Superintendent Schwerin, and 

 the various foremen were present. Dancing and a collation 

 were included in the program. The committee of arrange- 

 ments comprised Thomas Murray, John Maguire, and Misses 

 Katie McCoy, Lizzie Murphy, Annie Hood, Maggie Galvin and 

 Katie Comesky. 



CHANGES IN RUBBER BOOT PRICES. 



The United States Rubber Co., under date of February 18, 

 announced changes in the gross prices of certain styles of 

 men's boots, to take eflfect from January i last as follows; 



All-Duck Short Boots from $5.10 to §4.90 



Duck-Vamp Hip Boots from 6.75 to 6.65 



Duck-Vamp Sporting Boots from 6.7510 6.65 



Duck-Vamp Short Boots from 4.75 to 4.60 



AN ATTRACTIVE SOUVENIR. 

 For a number of years past The B. F. Goodrich Co. have given 

 a souvenir picture that has been so appreciated that it has 

 found place not only in the offices of those interested in rubber 

 goods but at many times in their homes. The picture as a rule 

 has been the likeness of a beautiful woman, with no suggestion 

 of an advertisement about it, but every one remembers, how- 

 ever, that It is the gift of the Goodrich company. This year 

 " Ruth " is sent out to the trade and is received with the same 

 favor as her beautiful sisters have been. It is possible that 

 The India Rubber World ought not to make this note, for 

 the reason that the call for the picture has been so great that 

 the generous supply has been practically exhausted. 



BRASS GOODS FOR RUBBER HOSE. 

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

 igan) have added to their already extensive plant machinery 

 and patterns for the production of a complete line of brass 

 goods for use in connection with hose. Their line now includes 

 Sherman hose clamps, Sherman stamped brass hose couplings, 

 regular pattern cast brass hose couplings, steam hose coup- 



lings, automatic couplings, lawn hose sprinklers, and other ar- 

 ticles pertaining to the hose trade. All the above articles are 

 made from patterns in the designing of which great care and 

 foresight has been used, with a view to the production of a 

 class of goods superior to any others on the market. A large 

 and varied stock of these goods will be carried, and the firm in- 

 vite requests for their catalogues and prices. 



WAREHOUSE RUBBER RECEIPTS. 



At the weekly auction sale of stocks and bonds held Febru- 

 ary 5 by Adrian H. Muller & Son (New York), there appeared 

 in the list a number of warehouse receipts for crude rubber. 

 In all the receipts called for about 230,000 pounds of various 

 kinds. They were designated in the advertisement: 

 Warehouse receipts for — 



24,270 pounds fine old upriver Para crude rubber. 



3,g6o " medium old upriver Para crude rubber. 

 40,520 " African crude rubber (bales). 

 2,6go " African crude rubber (bales). 

 18,400 " Lopori ball African crude rubber. 



117,360 " fine old upriver Para crude rubber. 

 2^,480 " medium old upriver Para crude rubber. 



As a result of the failure of the Crude Rubber Co., some in- 

 terest was aroused in Wall street over the matter, as it was 

 stated that some loans which had been made on the stock had 

 been called and the rubber was consequently thrown on the 

 market. But before the sale opened a notice of withdrawal 

 was received by the auctioneers and the warehouse receipts 

 were not ofifered. 



STOUGHTON RUBBER CO. 



At last accounts, the carpenter work on the new factory 

 buildings having been completed, the installation of machinery 

 was in progress, the hope being entertained that the new plant 

 would be in operation by March i. 



THE TRADING IN RUBBER STOCKS. 



Immediately after the first snowstorm in February there 

 was increased activity in the trading in United States Rubber 

 on the New York Stock Exchange, which was attributed in 

 some quarters to the expected favorable effect of the weather 

 upon earnings. But a Boston report is to the effect that the 

 advance in prices " was believed to be due to manipulation on 

 the part of a large New York operator, who is one of the 

 largest stockholders of the company, his stock having been 

 purchased at very much higher prices." While the recent 

 weather, the advance in the price of rubbers, and the decline in 

 the cost of crude rubber are all favorable to increased future 

 earnings of the United States Rubber Co., their effect will not 

 be apparent in the annual report for the current business year, 

 which ends on March 3i.= =The record of Stock Exchange 

 transactions follow : 



NATIONAL INDIA RUBBER CO. 

 The second annual dinner to the company's foremen, clerks, 

 and salesmen was given at DeWolfs Inn, in Bristol, on the 

 evening of February 15. There were about 70 guests, with 

 Colonel Samuel P. Colt, president of the company, and of the 

 United States Rubber Co., at the head of the principal table. 

 H. H. Shepard, general manager of the company, acted as 

 toastmaster, and speeches were made by the two gentlemen 

 named, and also by William Hodgkinson, assistant manager of 

 the company; W. T. C. Wardwell, one of the directors; W. 



