140 



THE INDIA RUBBER WORLD 



[January 1, 1911. 



RUBBER CLUB OF AMERICA BANQUET. 



"TVIE cxtcutive committee of the Riiblicr Club of .America 

 •*• announce that the midwinter banquet of the chib will be held 

 on Wednesday evening, January 11, at Delmonico's, New York, 

 at 6.30 p. M. The special committee appointed to plan the dinner 

 have arranged a program that promises to be of exceptional 

 interest. In addition to distinguished speakers who will be 

 present as guests of the Club, prominent officials in the great 

 rubber companies in Xew York, .\kron, and other centers w'ill 

 attend and will speak. The week for which the banquet is set 

 is notable as being that in which the great automobile exhibition 

 will be hehl at Madison Square Garden, a feature that in itself 

 will bring to New York a large gathering of men whose interests 

 center in the rubber industry. 



The admirable planning which has been done for the coming 

 banquet has been due to the enegry and painstaking of a Com- 

 mittee of Arrangements — essentially a Xew York committee — 

 consisting of Messrs. George B. Hodgman, Henry C. Pearson. 

 Arthur W. Stedman, Elston E. W'adbrooU, and Robert B. Baird. 



[From the Cover of the Official Axnouxcemext. ] 



In the sketch map of the Western Hemisphere shown here, the lower 

 half represents a figure supporting a rubber tree, while the upper half 

 suggests a manufacturing establishment. 



Not the least interesting fact in relation to the coming banquet 

 is that it will be the first given by the Club which its members 

 living in and near New York can regard as a "home affair," all 

 preceding affairs of the kind having occurred in New England. 

 Members expecting to attend are requested to notify the secretary 

 of the Club, Mr. George H. Mayo, Xo. 197 Congress street, 

 Boston, not forgetting to say if guests will accompany them. 



Among the speakers will be Mr. Creswell Maclaughlin, a 

 noted after dinner speaker; the Hon. John Barrett, director of 

 the Pan American Union, and Mr. H, E. Raymond. 



I here is to be a musical program, expected to be of un- 

 usual excellence, including special features. 



AN AWARD FOR "BAKELITE." 



/^X Xovembcr 9. 1910, the City of Philadelphia, on the rccom- 

 ^^ mendation of the Franklin Institute, awarded the John 

 Scritt Legacy Premium and Medal to Dr. L. H. Baekeland. of 

 Y'onkers. New York, for his invention of "Bakclite," in accord- 

 ance with the report of the institution's Committee on Science 

 and Arts, adopted May 4, 1910. 



The City of Philadelphia holds in trust under the legacy of 



John Scott, of Edinburgh, a sum of money the interest of which 

 is to be used for the encouragement of "ingenious men and 

 women who make useful inventions." The legacy provides for 

 the distribution of a medal inscribed "to the most deserving," 

 and a money premium to such persons whose inventions shall 

 merit the same. The examination of the inventions submitted 

 for the medal and premium has been delegated by the Board of 

 City Trusts, of the City of Philadelphia, to the Franklin Insti- 

 tute, and the institution, under the competent assistance of its 

 Committee on Science and the Arts, undertakes to make the in- 

 vestigations free of charge and to recommend for the award all 

 meritorious inventions. 



FOR A RUBBER FACTORY IN BRAZIL. 



A N inquiry comes to The India Rubber World, through an 

 •** important export house, in behalf of a correspondent in 

 Brazil, for details regarding the equipment necessary for the 

 manufacture of the following lines of rubber goods : Rubber 

 covers to protect coffee beans w'hen lying on the ground to dry; 

 automobile and carriage tires; tubing; nipples for nursing 

 bottles; raincoats; elastic sides for shoes. The India KrBBER 

 Wc«LD already [November 1, 1910 — page 57] has had a report 

 on a projected rubber factory near Sao Paulo, Brazil — an im- 

 portant coffee region — and it appears that the enterprise to which 

 the inquiry mentioned in this article relates is the same as that 

 alreadv mentioned. 



The recent high prices obtained for crude were reflected in the 

 profits of the Amazon Steam Navigation Co.. Limited, for the 

 year ended June 30, 1910, at the thirty-eighth annual meeting of 

 the company, held in London on December 14. The final divi- 

 dend, payable on December 20, made the total 7 per cent., ly 

 equal to the highest paid for many years; during several years 

 not more than 4 or 5 per cent, was paid. 



ADDITIONAL MARKET NOTES. 



Neiv York. 



Ix regard to the financial situation, Albert B, Beer? (l)roker 

 in crude rubber and commercial paper. No. 68 William street, 

 Xew Y'ork) advises as follows: "During December there has 

 been quite a fair demand for commercial paper, at rates some- 

 what lower than ruled through the fall, the best known rubber 

 names going now at 5)4 (']' S'/z per cent., and those not so well 

 known 6 @ 6J4 per cent." 



New York Prices fcr November (New Rubber.) 



African Rabbets. 



Xew York Stocks (Ix Tons). 



June 1, 1910 90 



July 1 120 



.Vugust 1 250 



September 1 300 



October 1 375 



Xovembcr 1 100 



December 1 140 



November 1, 1909 134 



Deceinlier 1 134 



January 1, 1910 228 



Fcbruarv 1 1.34 



March 1 161 



April 1 121 



.Alay 1 125 



Para. 



R. O. Ahlers & Co. report [November 21] : 



The market is decidedly firmer, with advancing prices, large transactions 

 having taken place for both American and European account. 



R. O. Ahlers & Co. report [December 1] : 



The market is steady. Holders are not anxious to sell at present prices. 

 December receipts are not expected to be very abundant, a view which 

 gains in probabdity with the news of fresh political troubles having broken 

 out in the federal territory of the Acre. 



