314 



THE INDIA RUBBER WORLD 



[jcNt 1, lyii. 



compiled from the printed reports of the successive treasurers 

 of the corporation : 



Year Ending — Net Profits. Dividends. 



March 31, 1893 1 r\T„» r> kf,i i i 



March 3i; 1894 | ^^°' Published.] 



March 31, 1895 $2,716,370.00 $2,056,190.00 



March 31, 1896 2,339,790.60 1,552.040.00 



March 31, 1897 1,999,611.34 1.552.040.00 



March 31, 1898 2.070,750.41 1,552,040.00 



March 31, 1899 3,226,513.46 1,882.040.00 



March 31, 1900 3,007,887.54 2,828.680.00 



March 31, 1901 62,605.57 705,765.00 



March 31, 1902 deficit none 



March 31, 1903 1.594,908.16 none 



March 31, 1904. 1.575,641.29 none 



March 31, 1905 3.761,922.63 1,882,040.00 



March 31, 1906 3,881.270.23 2,846,092.00 



March 31, 1907 4,590,382.72 3.485.956.00 



March 31, 19aS 3,553,556.14 3.495,448.00 



March 31, 1909 4,507,655.39 3.498.940.00 



March 31, 1910 5,535,163.15 3,574.205.00 



March 31, 1911 4,349,825.73 3,800,000.00 



COMPRESSED AIR VULCANIZING PRESSES. 



CANADIAN CONSOLIDATZD ETTBBEE CO., LIMITED. 



The financial condition of the above company, as for the year 

 ending December 31, 1910, is shown as follows 



ASSETS. 



Cash $1,570.32 



Accounts receivable 245,835.44 



Furniture and Fixtures 6,595.86 



Equipment 567.00 



Patents 47.50 



Merchandise 4,492.68 



Investment in capital stock of subsidiary rubber 



and felt companies 7,354,401.00 



Total $7,613,510.30 



LIABIUTIES. 



Accounts payable 1,166.22 



Six per cent bonds: 



Authorized $2,600,000.00 



Less unissued 20,400.00 2,579,600.00 



Preferred capital stock : 



Issued 1,980.000.00 



Less in trust (Royal Trust Co.).... 7,140.00 1,972,860.00 



Common capital stock : 



Issued 2,805,500.00 



Less in trust (Royal Trust Co.).... 3,060.00 2,802,440.00 



Total $7,356,066.22 



Balance profit and loss to 1911 257,444.08 



PROFIT AND LOSS ACCOUNT. 



By balance brought forward $76,700.44 



By surplus from felt stock $1.00 



By dividends from subsidiary com- 

 panies 325.401.25 



By revenue from other sources 351,179.18 674,581.43 



Total $751,281.87 



To bond interest $153,039.00 



To preferred stock dividend 137,530.75 



To common stock dividend 111,930.00 



To expense 91,338.04 493,837.79 



Surplus $257,444.08 



The complete list of officers for the current year is as follows : 



President — D. Lorne McGibbon. 

 Vice President — J. H. McKechnie. 

 Vice President — Geo. W. Stephens. 

 Vice President — T. H. Rieder. 

 Vice President — F. H. Ward. 

 Secretary-Treasurer — Walter Bin more. 

 Assistant Treasurer — Leonard D. Shaw. 

 Assistant Secretary- — C. H. Ancrum. 



Directors. — D. Lorne McGibbon, J. H. McKechnie, Geo. W. 

 Stephens, T. H. Rieder, F. H. Ward, Alexander Pringle, Shirley 

 Ogilvie, Victor E Mitchell, E. W. Nesbitt, Duncan Coulson, 

 W. R. Allan. 



D UBBER manufacturers are generally familiar with the 

 * ^ various uses for which compressed air is used in the manu- 

 facture of rubber goods. The writer of this article, however, 

 has made use of it in an entirely different manner to any with 

 which he has been familiar and that is for operating small vul- 

 canizing presses instead of hydraulic or hand-power. It was 

 discovered by him that not a great amount of pressure was 

 necessary in the manufacture of practically all moulded goods, 

 but that continuous pressure was necessary and that presses 

 operated by compressed air fitted up with a ram of the right 

 size and properly piped could be used with greater success than 

 water, and the results were far superior. This use is, I believe, 

 entirely new and has many advantages over water; first, in its 

 greater simplicity in piping because ordinary pipe of small size 

 only is necessary and it does not require special valves, which 

 frequently leak and cause great loss in spoiled goods, while with 

 my method it is true the air is wasted, which could probably be 

 saved it necessary. It has been my custom to simply close the 

 inlet valve and open the relief valve and the air is discharged 

 directly into the atmosphere ; second, the speed at which these 

 presses can be operated greatly increases the output because the 

 release is instantaneous and the press drops quickly and, in the 

 hands of the expert, silently. It also rises with much greater 

 rapidity than the hydraulic press ; third, a leak can be instantly 

 detected and remedied, which is hydraulic presses is not the case. 

 It only requires from ninety to one-hundred pounds pressure 

 to give satisfactory results. I have used for this purpose a 

 large sized locomotive air pump, but an air compressor is much 

 better. Better results are also obtained if a large receiver is 

 used. A typical size for use where 10 to 25 presses are used 

 would be 20 ft. long x 5 ft. diameter. So far as I have gone 

 into this matter I believe there is much greater latitude in the 

 number of presses to be operated by one unit of power than is 

 true in hydraulic presses, as I have used as high as 30 presses 

 on one unit in addition to furnishing from the same source all 

 of the air required by a large plant, making hose and tires where 

 a large amount of air is used, as is generally known. 



To sum up the advantages of an air press would result about 

 as follows : Greater simplicity in piping, which means a saving 

 in the first cost of installation ; greater margin of saving in 

 manufacture, larger output and much greater cleanliness in that 

 there is no water from leaking hydraulic valves or pipes. 



W. D. 



INDIA-RUBBER GOODS IN COMMERCE. 



EXPORTS FROM THE UNITED STATES. 



/^FFICIAL Statement of values of exports of manufacturers 

 ^~^ of india-rubber and gutta-percha for the month of March, 

 1911 and tlie first nine months of five fiscal vears, beginning 

 July 1 : 



Belting. Boots .■\1I 



Months. Packing and Other Totai_ 



and Hose. Shoes. Rubber. 



March. 1911 $157,915 $102,606 $576,138 $836,659 



July-February 1.354.060 1,699,371 3,899,406 6,952,837 



Total, 1910-11 $1,511,975 $1,801,977 $4,485,644 $7,789,496 



Total, 1909-10 1,416,655 1,499,770 3,510,618 6,427.043 



Total, 1908-09 1,053,758 1,071,489 2,805,914 4,931,161 



Total. 1907-08 1,040,985 1,342,965 2,802,371 5.186,321 



Total, 1906-07 914,276 962,964 2.664,967 4,542,207 



The above heading "All Other Rubber," for the last nine 

 months, includes the following details relating to Tires: 



For -\U 



Months. Automobiles. Other. Total. 



March. 1911 values $131,183 $43,772 $174,955 



July-February 1,194,720 368,029 1,562,749 



Total, 1910-11 $1,325,903 $411,801 $1,737,704 



