December i, 1909.] 



THE INDIA RUBBER WORLD 



91 



THE GUAYULE CONSOLIDATION. 



THE Intercontinental Rubber Co., capitalized at $40,000,000, 

 * and the Continental Rubber Co., of America, with $30,000,000 

 capital, were consolidated by a certificate of merger filed in the 

 office of the secretary of state at Trenton. New Jersey, on' No- 

 vember I. The papers filed show that the Intercontinental 

 company already owned 299,750 shares of the capital stock of 

 the Continental company, valued at $29,975,000. The total out- 

 standing stick of the Intercontinental company was $34,182,000. 

 and of the Continental company $29,990,000. The merger papers 

 state that it was deemed best for both corporations to consolidate. 



The name of the new corporation is the Intercontinental Rub- 

 ber Co. and the authorized capital stock is $40,000,000, divided 

 into $10,000,000 preferred, bearing 7 per cent, cumulative divi- 

 dends, and $30,000,000 common. The method of consolidation was 

 that each share of the Continental stock not held by the Inter- 

 continental company should be exchangeable, share for share, for 

 the stock of the new Intercontinental company, all the stock 

 of the former company held by the latter to be retired. 



The directors of the new company are : Edward B. Aldrich, 

 United States Senator Nelson B. Aldrich, of Rhode Island; 

 Herman B. Baruch, Henry A. Bingham, Daniel Guggenheim, 

 S. B. Guggenheim. Paul Morton, who was formerly secretary 

 of the navy; Allan A. Ryan, and William Sproule. The address 

 of all is given in the papers as No. 15 Exchange place, Jersey 

 City, the New Jersey office of the corporation. 



The Continental Rubber Co., of America, was the holding com- 

 pany for the Continental Rubber Co. and the Continental-Mexican 

 Rubber Co., engaged in the exploitation of guayule rubber in 

 Mexico. The interests involved in the consolidation also con- 

 trol the American Rubber Co. 



THIS YEAR'S "NORTH BRITISH" TIRES. 



TWO British shows of unfailing interest to the rubber tire 

 trade occurred this year, as usual, in November, but too 

 late to permit of their being reported in this issue of The India 

 Rubber World. They were, of course, the International Motor 

 Exhibition (this was the eighth year), organized by the Society 

 of Motor Manufacturers and Traders, Limited, in connection 

 with the Royal Automobile Club, under the patronage of the 

 King, and held at Olympia, London, November 12-20. The other 

 was the Stanley Show, held a week later, for the thirty-third 

 successive year, at Royal Agricultural Hall. 



At the Olympia Motor Exhibition the North British Rubber 

 Co., Limited, showed a complete range of their well known 

 "North British" clincher motor tires. There were four patterns : 

 (1) the clincher plain ribbed tire; (2) the clincher vacuum 

 grooved tire; (3) the clincher rubber studded tire; and (4) the 

 clincher steel studded tire. These are all made by a new hy- 

 draulic molding process, by which the treads are molded and 

 not cemented on in the usual way. The rubber of the "North 

 British" tires is all white. It is stated, as likely to interest 

 motorists, that the qualities insisted upon by the British admiralty 

 for all mechanical goods are founded upon chemical ingredients 

 similar to those used in "North British" tires. 



In addition to tires the company exhibited some interesting 

 accessories. Among these were a new valve grip and an im- 

 proved security bolt. A deflation alarm valve shown, by 

 blowing a whistle, indicates when a tire is punctured or is in- 

 sufficiently inflated. By means of a new detachable rim ex- 

 hibited by the company a tire can be detached, a new tube inserted, 

 and the whole replaced within two minutes. 



The "North British" clincher tires for cycles, exhibited at the 

 Stanley Show, are in four types. The "A Won" tire remains at 

 the top of their list. Similar to it, except for a special tread, 

 is the "Clincher Salvus." which has been adopted for the British 

 postoffice and other government departments. It is notable par- 



ticularly for freedom from sideslip. The "B grade" remains 

 the same in quality, but costs more, and for those who do not 

 wish to pay for a first class tire the "C grade" has been 

 introduced. 



The company's motorcycle tire branch has now reached im- 

 portant proportions. These tires are made under two designa- 

 tions — "A Won" and "Dreadnought." Each ..brand is provided 

 either with plain tread or rubber studded (Bailey's patent). 



INDIA-RUBBER GOODS IN COMMERCE. 



EXPORTS FROM THE UNITED STATES. 



(~\ FFICIAL statement of values of exports of manufactures 

 ^-^ of india-rubber and gutta-percha for the month of Sep- 

 tember, 1909, and for the first nine months of five calendar years : 



Belting, Boots All 



Months. Packing, and Other. Total. 



and Hose. Shoes. Rubber. 



September, 1909.. $136,798 $255,732 $380,612 $773,142 



January to Aug.. 1,164,699 872,074 2,678,534 4,715,307 



Total 



Total, 1908.. 



Total, 1907.. 



Total, 1906.. 



Total, 1905 . . 



$1,301,497 



926,566 



1,051,903 



895,296 



856,493 



$1,127,806 



1,043,528 



1,213,992 



936,350 



941,858 



$3,059,146 

 2,629,927 

 2,997,Si5 

 2,361,917 

 2,129,936 



$5,488,449 

 4,600,021 

 5,263,710 

 4,193.563 

 3,928,287 



AMERICAN EXPOSITION AT BERLIN. 



IT is announced that Mr. J. Pierpont Morgan has accepted 

 "■ the honorary presidency of the exhibition of American 

 Manufacturers to be held in Berlin in April — June, 1910. His 

 royal Highness Prince Henry of Prussia is the honorary 

 president of the German reception committee. Mr. George 

 F. Kunz is chairman of the American advisory committee. 

 Professor George S. Atwood. secretary of the American 

 Association of Commerce and Trade at Berlin, is to be German 

 manager. American headquarters have been opened at No. 50 

 Church Street, New York, under the management of Mr. Max 

 Vieweger. 



PERSONAL AND TRADE NOTES. 



1WIR. HENRY C. PEARSON, editor of The India Rubber 

 1V1 World, is scheduled to deliver some lectures on india- 

 rubber, at the New York University, before the school of applied 

 science, beginning on December 20. 



Mr. A. H. Marks, vice-president of The Diamond Rubber 

 Co., bought a large country estate west of Akron late in October, 

 consisting of more than 30 acres. It was one of the largest real 

 estate transactions of the year in Akron, the price of the land 

 exceeding $85,000. 



Mr. David Aldebert Cutler, well known in the rubber trade, 

 and Miss Blanche Mildred, daughter of Mr. and Mrs. William G. 

 Williams, of Maiden, Massachusetts, were married on the eve- 

 ning of October 20. 



The Bertram Motor Supply Co. have leased for a term of years 

 the premises No. 247 South State street, Salt Lake City, Utah, 

 for the sale of automobile accessories. They will have the ex- 

 clusive sale for Utah of "Diamond" tires. 



FEDERAL RUBBER CO.— INCREASE OF CAPITAL. 



The Federal Rubber Co. (Cudahy, Wisconsin) have increased 

 their capital to $620,000, paid in, and a further increase to $750,- 

 000 is contemplated by January 1. They have completed a new 

 building, giving them a capacity of 250 tires a day, and 500 

 inner tubes. Their business is also good in solid tires and 

 mechanical lines. They have opened a branch at Atlanta, Georgia, 

 with the Dunham Rubber Co., an agency in St. Louis, with the 

 Phoenix Auto Supply Co., and in Kansas City, Missouri, with 

 the Motor Tire and Supply Co. 



