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THE INDIA RUBBER WORLD 



[September 1, 1911. 



UNITED STATES BUBBEH CO.'S ISSUES. 



Trans.\CTIons on the New York Stock F..\cliange for five 

 weeks, ending August 26 : 



Co-MMON Stock. $25,000,000. 



[The treasury of a subsidiary company holds $1,334,000.] 

 Last Dividend. April 30. 1900— l<:t. 



Week July 29 Sales 3,700 shares High 4\'/. Low 405^ 



Week .\ugust 5 Sales 7,300 shares High 40H Low 37'4 



V\ cek .\ugiist 12 Sales 8,300 shares High 377s Low 35)4 



Week August 19 Sales 6,200 shares High 38; s Low 36 



Week August 26 Sales 3,200 shares High 37;« Low 36^ 

 For the year — High, 47Ji, March 1; Low, 35K. August IJ. 

 Last year— High, 52H; Low. 27. 



First Prefeiuied Stock, $39,824,400. 



Last Dividend, July 31, 1911— 270- 

 Week Julv 29 Sales 400 shares High 113'/. Low 113^ 

 Week August 5 Sales 800 shares High 113^ Low 113 

 Week August 12 Sales 1,000 shares High lUH Low 111 

 Week August 19 Sales 300 shares High 111 Low 110^ 



Week August 26 Sales 1,125 shares High 110 Low 108ji 



For the year— High, IIS'A, July 7; Low, 108M< August 2fr. 



Last year— High, lie'/i; Low. 99. 



Second Preferred Stock, $9,965,000 



Last Dividend. July 31. 1911 — 1^%. 



Week Julv 29 Sales 100 shares High 77% Low 77'% 



■ Week .August 5 Sales 300 shares High 75 Low 74^ 



Week .August 12 Sales 400 shares High 74 Low 72% 



Week .August 19 Sales 225 shares High 72'^ Low 72}^ 



Week August 26 Sales 200 shares High 72ys Low 72 



For the year— High, 79, March 1; Low, 72, August 25. 

 Last year — High, 84; Low, 59J^. 



Six Per Cent. Trust Gold Bonds, $19,000,000. 



Outstanding of the 1908 issue of $20,000,000. 



Week July 29 Sales 18 bonds High 104;/8 Low 104^ 



Week .August 5 Sales 35 bonds High 104-34 Low 10454 



Week August 12 Sales 8 bonds High ICU-U Low 104 



Week August 19 Sales 32 bonds High IW , Low 104 



Week August 26 Sales 17 bonds High 104^2 Luw 104 



For the year— High. 105, July IS; Low, 102 J^, March 5. 

 Last year— High, 106; Low, 102!^. 



TRADE NEWS NOTES. 



Norman E. Oliver, manager of the Buffalo, N. Y., branch of 

 the Diamond Rubber Company, has been transferred to New 

 Y'ork, where he takes the position of secretary of the Diamond 

 Rubber Company, of New Y'ork. 



Arthur Reeve, of the United States Rubber Co., has recently 

 returned from a very successful seven weeks' trip to England 

 and the Continent, during which he visited the principal buyers 

 of his company's goods in London and Hamburg, Berlin, Copen- 

 hagen and other points. He made a careful canvass of the re- 

 quirements of the European trade, with special reference to 

 styles and lasts, and came back with a fund of valuable infor- 

 mation regarding the export trade in rubber footwear. 



The plant, formerly occupied by the Conant Rubber Co., at 

 South Framingham, Mass., is being remodeled by the Fibre 

 Products Co., who will use it for the manufacture of leather 

 board goods. 



F. J. Gleason, of the Walpole Rubber Works, who vibrates 

 between Walpole, Massachusetts, and Granby, Quebec, where are 

 situated the two factories of the company, has been doing the 

 distance, when he could, this Summer, by automobile. 



Fred. E. McEwen who has long been known both in the motor 

 trade and in connection with tires, has formed a company known 

 as the Auto Credit Co., Incorporated, explained as being "auto- 

 mobile bankers." Mr. McEwen, in describing his project, ex- 

 plains that automobiles have been about the only products here- 

 tofore sold on a strictly cash basis. That this was due to the 

 supply being inadequate to the demand. Now that the de- 

 mand is beginning to exceed the supply many will wish to buy 

 on time. They, therefore, turn to the .Auto Credit Company, 

 select their car, any make, pay one-half cash, agree on a series 



of montlily payments for the balance, and the Credit Co. pur- 

 chases the car, hands it over to them for a 6 per cent, commis- 

 sion. 



Recent changes in the organization of the Swinehart Tire and 

 Rubber Co. include the appointment of W. J. Kreuder, formerly 

 with the Goodyear Tire and Rubber Co., as general superinten- 

 dent of the Swinehart Tire and Rubber Co.'s factory, at Akron, 

 Ohio. J. J. Tompkins, formerly of the Hartford Rubber Works 

 Co., Detroit branch, has been made manager of the Swinehart 

 Co.'s branch in Philadelphia, with G. E. Grimes, formerly of the 

 Philadelphia branch of the Republic Rubber Company, on his 

 sales staff, and J. J. O'Connor has been made manager of the 

 Swinehart agency in Bridgeport, Conn. At a special meeting of 

 the company's stockholders it was unanimously voted to increase 

 the capital stock from $400,000 to $800,000, the rapid growth of 

 the company's business warranting this step. 



The branch opened by the Firestone Tire and Rubber Co., 

 Akron, Ohio, at 724 Main street, Buffalo, will be in charge 

 of R. W. Ingersoll as manager, in place of R. W. Phelps as 

 iirst announced. Mr. Ingersoll is well known in rubber trade 

 circles as sales representative for the Firestone company. 



After subjecting many fabrics to exhaustive practical tests, 

 the United States government has selected, for the military 

 aeroplanes, the rubberized aeroplane fabric manufactured by 

 the Goodyear Tire & Rubber Co., Akron, Ohio. Not only is it 

 non-absorptive and consequently free from wide variations in 

 weight in the event of exposure to moisture, but it does not 

 stretch or tighten when wet or drying, a serious fault with 

 most fabrics hitherto used for this purpose. 



The Mulconroy Co., Inc., Philadelphia, Pennsylvania, owing to 

 the increased demand for tlieir flexible metallic hose and "Seven 

 League" sewed leather — soled rubber boots, have been compelled 

 to secure larger quarters. Their new factory is at Nos. 108, 110 

 and 112 North Franklin street, where they will have three times 

 as much room as at the present address. 



Auerbach Bros. Co. (Chicago), dealers in scrap rubber, etc., 

 whose incorporation was noted in last month's India Rubber 

 World, have equipped their warehouse, at Nos. 3101 to 3111 

 Market Square, with every necessary facility for handling scrap 

 rubber, scrap metal, etc., and having a floor space of 20,000 square 

 feet, are prepared for a large business, having all the requisite 

 experience. 



Fifty-nine distinct styles of dress shields, ten sizes for each, is 

 what the full line of the I. B. Kleinert Rubber Company 

 counts up. 



The Empire Tire Company, Trenton, New Jersey, are on the 

 market with a new disc tread for automobile tires. The disc is 

 of frictioned fabric, moulded into the tread of the tire, and is 

 designed not alone to prevent skidding, but adds to the life of 

 the tire as well. 



The L. Candee Rubber Company closed their big plant at 

 New Haven. Conn., on August IS for a month to allow of ex- 

 tensive alterations and repairs to the machinery. 



Mr. A. Delfruge, a French rubber man, has opened a repair 

 shop on Forty-first street, New York, where he repairs only tires 

 of French make. Anti-Oskids. with German accent, or inner 

 tubes of Swedish origin are taboo. 



The new store house erected by the Converse Rubber Shoe 

 Company, Maiden, Massachusetts, to replace one of the buildings 

 destroyed at the recent fire in their works, is completed and 

 occupied. 



E. A. Wild, formerly with the Republic Rubber Company, has 

 begun business for himself at Youngstown, Ohhio. He has the 

 local agency for Republic tires. 



