July 1, 1914.] 



THE INDIA RUBBER WORLD 



•555 



THE NEW KELLY-SPRIHGFIELD STOCK. 



More than 50 per cent, of the 4 per cent, income debenture 

 bonds of the Kelly-Springtield Tire Co. having been deposited 

 with the Bankers Irust Co., directors of the tire company have 

 authorized the bankers to issue in exchange new 6 per cent, 

 cumulative pi-eferred stock par for par. The board also di- 

 rected that the 78^ per cent, accumulated dividends on the 

 present issue of preferred stock be paid in 7 per cent, cumulative 

 second preferred stock. No fractional shares of the second pre- 

 ferred will be distributed, cash being paid in lieu of fractional 

 parts of stock to which holders of the preferred may be entitled. 



NATIONAL TIRE & RUBBER PLANT OPENED JUNE 10. 



Tlie factory of the National Tire & Rubber Co., at East 

 Palestine. Ohio, work on which was started about November 1, 

 1913, was formally opened on June 10, when 700 persons accepted 

 the invitation extended by the management to visit the new 

 plant and observe its operation. Active work at this factory — 

 which is the third rubber plant in operation in East Palestine — 

 commenced on Monday, June 8. The present equipment and 

 capacity of the plant will allow of an output of 500 tires per day. 

 The product will consist of the "Capitol" non-skid lire and "Red 

 Man" and "Grey Paragum" tubes. The plant is of fireproof 

 construction, reinforced concrete, with Fenestra steel sash and 

 corrugated glass. 



The line mill maclimery installed in this plant is the product 

 of the Turner, Vaughn & Taylor Co., of Cuyahoga Falls, Ohio ; 

 the tire i)uilding machines and the vulcanizcrs were made by the 

 Adamson Machine Co., of .Akron, and the vacuum drying ap- 

 paratus is from the plant of the P.uftalo Foundry & Machine Co.. 

 of Buffalo, New York. 



I 



A MOVEMENT TO INCREASE TOREIGN TRADE. 



Tlic National Foreign Trade Convention, held at Washington 

 May 27 and 28, has resulted in the organization of a National 

 Foreign Trade Council — composed of thirty men nationally 

 prominent and representative of the industrial, commercial, trans- 

 portation and financial industries of the country — whose purpose 

 it is to awaken America to a realization of "her privilege and 

 her power in foreign trade." The movement sprang from a lielicf 

 on the part of industrial leaders that the prosperity of the cmuitry 

 depends upon increased export trade and in the necessity for co- 

 ordination of the nation's foreign trade activities. 



RUBBER COMPANY SHARE QUOTATIONS. 

 The fcillowing market qiKitations of the shares of rubl 

 facturing companies on June 20 last are furnished 

 Burnham & Co., 31 Nassau street. New York, and 

 La Salle street, Chicago : 



Bid. 



Ajax-Grieb Rubber Co., Common 220 



Ajax-Grieb Rubber Co., Preferred 99 



Firestone Tire & Rubber Co., Common 300 



Firestone Tire & Rubber Co.. Preferred 108 



The B. F. Goodrich Co., Common 24 Vi 



The B. F. Goodrich Co., Preferred 88';! 



Goodyear Tire & Rubber Co., Common 170 



Goodyear Tire & Rubber Co., Preferred 97 



Kclly-Springfield Tire Co., Common 59 



Kelly-Springfield Tire Co., Preferred 143 



Miller Rubber Co 139 



Portage Rubber Co., Common 



Portage Ruliber Co.. Preferred 



Rubber Goods Mfg. Co., Preferred 100 



Swinehart Tire Co 85 



United States Rubber Co., Common 58' < 



United States Rubber Co.. 1st Preferred 103 



ler manu- 

 by John 

 41 South 



.Asked. 



305 

 109'/, 



247,s 



90 

 175 



99 



62 

 146 

 142 



40 



90 

 110 



87 



59 

 103.v^ 



TRADE NEWS NOTEB. 



William H. Scheel, 159 Maiden Lane, New York, is offering 

 rubber manufacturers a high grade tested Brilliant Vermillion 

 as a substitute for English Vermillion. 



The Harris Tire Co., for the past eight years engaged in a 

 general tire repair and sales business at Perry and Drayton 

 streets. Savannah, Georgia, has recently filed application for 

 incorporation, the petition including a clause whereby if desired 

 the company will be able to manufacture automobile tires, al- 

 though it is not the present intention to engage in this line of 

 manufacture. 



A company has been formed on Long Island with $10,000 

 capital stock to manufacture rubber tires and other rubber goods. 

 It is known as the Forbes Rubber Co., and the incorporators are 

 Thomas C. Forbes, Jr., George V. and Anna S. Sloat — all of 

 Freeport. 



Contracts for fire hose equipment of various cities recently 

 awarded have included the following: Cloquet, Minnesota, 400 

 feet of Empire Rubber & Tire Co.'s "Paragon" hose to the 

 Plant Rubber Co., of Minneapolis; Woonsocket, Rhode Island. 

 1,000 feet to the United & Globe Manufacturing Cos.; Lockport. 

 New York, 350 feet to the Empire Ru1)ber & Tire Co. and 150 

 feet to the Boston Belting Co.; Nashville. Tennessee, 1.750 feet 

 each to the B. F. Goodrich Co. and the Eureka Fire Hose Co. ; 

 Brownville, Pennsylvania, 500 feet to the Eureka Fire Hose Co. ; 

 Lincoln, Illinois, 1,000 feet to the New York Belting & Packing 

 Co. ; Elmira, New York, 600 feet to the Fabric Fire Hose Co. 

 and 200 feet to the Bi-Lateral Fire Hose Co. ; Carbondale, Penn- 

 sylvania. 1.500 feet to the C. C. C. Fire Hose Co. 



A factory is soon to be erected at Hamilton, Ontario, and 

 equipped with thoroughly up to date machinery for the manu- 

 facture of rubber goods. This factory will be operated by the 

 .Vational Rubber Co., Limited, to which a Canadian charter was 

 recently granted. The officers of the new company, which is 

 capitalized at $500,000. are : C. S. Kilgour, president ; F. E. 

 Walker, vice-president ; Dr. Geo. Wenig. secretary and treasurer. 

 These officers, with C. L. Boyd and A. P. Ramsay, constitute the 

 Board of Directors. The intention of the company is to manu- 

 facture tires and tubes at first, later branching out into other lines 

 of rubber goods. 



INDIA RUBBER GOODS IN COMMERCE. 



EXPORTS FROM THE UNITED STATES. 



/^1-I'lCI.AL statement of values of exports of manufactures of 

 ^^ india rubber and gutta percha for the month of March. 

 1914, and for the first nine months of five fiscal years, beginning 



July. 



Belting, Boots .All 



Months. Packing and Other Total. 



and Hose. Shoes. Rubber. 



March. 1914 $210,112 $79,005 $684,679 $973,7% 



July-February 1.569.872 832.571 4.757.876 7.160.319 



Total, 1913-14 $1,779,984 $911,576 $5,442,555 $8,134,115 



Total. 1912-13 1.966,639 1,178.268 6.194,003 9.338,910 



Total. lQll-12 1.710.395 1.232.428 5.330,999 8,273.822 



Total. 1910-11 1.511.975 1.801.977 4,485,644 7,799,596 



Total. 1909-10 1.416.655 1,499.770 3.510.618 6,427.043 



The above heading. ".All Other Rubber," for the month of 



Marcli. 1914. and for the nine months of three fiscal yeai^s. be- 

 ginning Julv 1, includes the following details relating to tires: 



For All 



Months. Automobiles. Other. Total. 



March. 1914 $327,104 $62,728 $389,832 



July-b'ebruary 2.051,855 378.238 2,430.093 



Total. 1913-14 $2,378,959 $440,966 $2,819,925 



Total, 1912-13 2.809.917 445.826 3.255.743 



Total, 1911-12 1.869.471 393.920 2.263.391 



