Jl'LY 



■1911 



THE INDIA RUBBER WORLD 



339 



Published on the lit of each Honth by 



THE INDIA RUBBER PUBLISHING GO 



No. 15 West 38th Street. New York. 

 CABLE AI>nRF:Sff: IRWORLD. NEW YORK. 



HENRY C. PEARSON, Editor 



Vol. 44. 



JULY L 1911. 



No. 4 



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COPYRIOHT, 1011, BY THE INDIA RVBBER PUBLISHINO CO. 

 Entered at New York postofflce as n'.ail matter of the second class. 



TABLE OF CONTENTS ON LAST PAGE OF READING. 

 THE SECOND INTERNATIONAL EXHIBITION. 



AS WE go to press the International Ruljber Exhi- 

 bition at the Royal Agricultural Hall, London, 

 is in full swing. Opening, as it did, two days after 

 the Ijrilliant coronation ceremonies which drew to 

 London the greatest crowds in the history of the city 

 of pageants, there is a wonderfully augmented attend- 

 ance at the Rubber Exhibition. 



A list of those present, representatives of foreign 

 governments, of tropical colonies, of great planting 

 interests in Asia, .\frica and the Americas, of the rub- 

 ber manufacturing interests present a> cxhibilors and 

 visitors, of crude rubber exhibitions, of machinery, 

 tools and appliances, wnuld fill ibis paper fnnn cnver 

 to cover. 



We, therefore — particularly as the exliiljitii>u is now 



on and will not be a thing of the past until July 7 — 



simply note its successful beginning, and shall later 



^ make a synopsis of its various and inij)()rtant accmu- 



A RUBBER EXCHANGE FOR NEW YORK. 



olishments. 



A .\' .\C'ri\'E and very capable member of the New 

 •'*• York Produce Exchange, who, by the way, is 

 familiar with the rubber business, has for some months 

 been urging members ni the rubber trade to get to- 

 gether and have rubber listed. Eor .some time there 

 was but little response. Ijut it is now said that a rubber 

 broker has taken the matter up, and that several firms 

 have signified their willingness to apply for member- 

 ship in the Exchange. 



There are. of course, objections to the plan. For 

 e.xample, the sale of rubber options is speculation, 

 pure and simple. T.ut, buying a commodity that fluc- 

 tuates from $L00 to $3.00 a pound and making it up 

 into goods is speculation, or more accurately, it is often 

 gambling. Maybe by intr<i<lucing another game of 

 chance there will be the opportunity for manufacturers 

 to "hedge" on their crude rubber bets. The large 

 crude rubber im]Kirters do not seem to be in favor of 

 the plan, as they foresee endless trouble in deliveries 

 on the proposed "exchange contracts." 



At its best an exchange is a wonderful help to anv 

 great industry. .\t its worst, it fosters speculation in 

 its most dangerous form because it is so respectable. 

 It may also bring here just such hapi^enings as were 

 observed during London's "Rubber Craze." 



Rubber stands almost alone in the United States 

 among raw materials in not being listed. Perhaps it 

 is time it came out of its seclusion and into the light 

 of the commercial day. If it is the wish of the trade, 

 and its need is proven, listing will be a fact very soon. 



WASTE RUBBER AND WASTED RUBBER. 



I 



QU LARGE a part of the worn out rubber goods is 

 *^ gathered by the world's junk dealers and comes 

 back as reclaimed rublier that the po|_)ular idea is that 

 none of it is lost. .An analysis of the lines that go out 

 as manufactured goods and return as waste rubber, 

 reveals the fact that many hundreds of tons of both 

 high and low grade goods are never recovered. More- 

 over, in the goi)ds that are recovered, there are sur- 

 faces that are worn down so that a considerable per- 

 centage of the rubber itself has disappeared. Hence 

 we have two classes, not of waste, but of wasted rub- 

 ber — I'lrst, that which by attrition has been powdered 

 and lost, and Second, that which through a variety of 

 causes, such as difificulty of collecting profitabh-. is 

 never brought to the reclaimers. 



