98 



THE INDIA RUBBER WORLD 



IDecemder i, 1909. 



UNITED STATES RUBBER CO.'S ISSUES. 



Transactions on the New York Stock Exchange for four 

 weeks, ending November 20 : 



Common Stock, $25,000,000. 



[Less $1,344,000 in treasury of a subsidiary company.] 



Last Dividend, April 30, 1900 — 1%. 



\\ 1 k October 30. Sales g,375 shares High s°Va Low AS 1 /a 



November 6. Sales 5°° shares High iiqjki Low nS^s 



Week November 13 Sales 900 shares High 50^ Low 49/4 



Week November 20 Sales 17,700 shares High 54^. Low 4924 



I or tiie year— High, 57H. Aug. 19; Low, 27, Feb. 24. 

 Last year — High. 37!i'. Low, 17^. 



First Preferred Stock, $36,263,000. 



Last Dividend, Oct. 30, 1909 — 2%. 



Week October 30.. Sales 2,225 shares High ngYz Low iij l /i 



Week November 6. Sales 500 shares High 119^ Low 118^3 



Week November 13 Sales 710 shares High n8J^ Low ii8j4 



Week November 20 Sales 1,920 shares High 120 Low 118 



For the year— High, I23j<, Aug. 24; Low, 98, Jan. 29. 



Last year — High, 108; Low, 76. 



Second Preferred Stock, $9,965,000. 

 Last Dividend, Oct. 30, 1909 — 1}4%. 

 Week October 30. Sales 630 shares High 85J4 Low 84 

 Week November 6. Sales 300 shares High 85J4 Low 85J/2 

 Week November 13 Sales 700 shares High 85^ Low 84^8 

 Week November 20 Sales 200 shares High 85 Low 84^2 

 For the year — High, Sqji, Aug. 23; Low, 67 'A, Feb. 25. 

 Last year — High, 75!j1 Low, 42. 



Six Per Cent. Certificates, $20,000,000. 



$15,000,000 issued. 



Week October 30. . Sales 126 certs. High 104J4 Low ioa 1 /i 



Week November 6. Sales 60 certs. High 105J4 Low 104J4 



Week November 13 Sales 88 certs. High 105 Low 104J4 



Week November 30 Sales 49 certs. High 1047-s Low 104^ 



TRIBUTE TO THE LATE MR. ALLERTON. 



At a meeting of the committee on resolutions of the New Eng- 

 land Rubber Co. the following tribute to the late George M. 

 Allerton, whose death was reported in the last India Rubber 

 World, was adopted : 



Whereas, The members of the New England Rubber Club have lost by 

 death their friend and associate, George M. Allerton, who for many years 

 has served one of our leading companies in its branch of the business, and 

 who by his energy, industry, and ability, attained a position of trust and 

 responsibility in the trade, and by his genial and loyal personality endeared 

 himself to those with whom he came in contact; it is hereby 



Resohcd, That this Club extend to his family its deep and sincere 

 sympathy. 



Resolved, That these resolutions be spread upon the records of the Club 

 and a copy engrossed and sent to his family. 



GEORGE P. WHITMORE, Chairman; 

 ALEXANDER M. PAUL, 

 ELSTON E. WADBROOK, 



Committee on Resolutions. 

 listen, October 30, 1909. 



TIRES AT THE ATLANTA AUTOMOBILE SHOW. 



] x iky tire manufacturer of importance in the United States 

 and most of the smaller concerns in this trade were exhibitors at 

 the Automobile show, held in Atlanta, Georgia, November 6-13. 

 It seems unnecessary to mention these concerns specifically, since 

 they will be on exhibition in the larger New York show a month 

 hence. It is not meant to imply here, however, that the At- 

 lanta automobile show was not an event of importance. Not 

 only were all the tire manufacturers represented there, but the 

 number of makes of automobiles on exhibition was larger than 

 is usual in any one automobile show in New York or Chicago. 

 The city of Atlanta is, more than any other, typical of the "new 

 South." When that division of the United States still remained 

 isolated in so many ways from the rest of the country, Atlanta 

 strove to keep pace with the national progress, with such suc- 

 cess that to-day no other city in the country of the same size 

 has made more advancement. Atlanta has the advantage, geo- 

 graphically, of being the center of the south more definitely than 



any other place on the map, which fact is illustrated by the tend- 

 ency of railroad systems to converge to that point. The impor- 

 tance of Atlanta in a commercial way was long ago recognized 

 in the rubber trade, and most of the important concerns in this 

 line opened branches in Atlanta before opening them elsewhere 

 in the South. To-day every tire manufacturer of importance 

 has a branch office in Atlanta, and the automobile manufacturers 

 are following suit. Georgia is one of the most progressive states 

 in the Union and becoming one of the most prosperous. For 

 these reasons it is not surprising that the good roads movement 

 is making great headway there. This, of course, implies that 

 automobiling is gaining favor in the state, and that ultimately 

 the farmers of Georgia will be automobile owners as generally 

 as in the Central West, where the automobile first made its 

 advent in agricultural regions. 



BOSTON WOVEN HOSE AND RUBBER CO. 



The Boston Woven Hose and Rubber Co. have filed with the 

 secretary of state of Massachusetts a statement of their financial 

 conditions as required by the statutes, for their business year 

 ending August 31, 1909, the details of which are reproduced below, 

 in comparison with which are given also the figures for the 

 preceding year : 



ASSETS. 



I909. I908. 



Patents $i-oo $1.00 



Land and buildings 825,435.97 785.799-71 



Machinery and tools 562,340.97 508,300.78 



Cash 403,168.00 77,984-35 



Accounts receivable 468,518.90 467,564.05 



Office furniture 1.00 1.00 



Merchandise 665,948.96 674,1 13.69 



Total $2,925,414.80 $2,513,764.58 



LIABILITIES. 



1909. I908. 



Capital stock, preferred $750,000.00 $750,000.00 



Capital stock, common 750,000.00 450,000.00 



Loans 455.000.00 695,000.00 



Accounts payable 47,789.20 43,669 33 



Accrued wages 8,456.80 



Surplus 914,168.80 575,095-25 



Total $2,925,414.80 $2,513,764.58 



NEW RUBBER RECLAIMING PLANT. 



The purchase is reported, by J. H. Stedman & Co., Inc., 

 scrap rubber merchants in Boston, of a disused manufacturing 

 plant at South Braintree, Massachusetts, which they purpose 

 converting into a rubber reclaiming factory. The premises re- 

 ferred to are known as the Hollingsworth & Whitney paper mill. 



TRADE NEWS NOTES. 



The Elwell Rubber Co. (Trenton, New Jersey) have been 

 made defendants in a suit in the United States circuit court, 

 brought by the Foster Rubber Co., alleging infringement of 

 patents granted to one Beebe. 



Imperial Belting Co., Arthur R. Shurtleff, manager (Chicago), 

 have removed from Dearborn street to No. 166 West Kinzie 

 street. 



The volume of business done by the rubber stamp and allied 

 trades of St. Louis is estimated by a local newspaper at $165,000 

 yearly. There are six houses in the trade, and customers are 

 found as far away as Mexico. 



The Gladiator Packing and Rubber Co., of Los Angeles, Cali- 

 fornia, have increased their capital stock to $200,000. 



The New York fire department, on September 29, awarded 

 contracts for 30,000 feet of 2^2-inch cotton fabric rubber-lined 

 hose — one-half each for Manhattan borough and for the bor- 

 oughs of Brooklyn and Queens. 



The excellent monthly publication Steam, devoted to the in- 

 terests of steam users, has been purchased from the Gage Pub- 

 lishing Co. by the Ferguson Publishing Co., No. 114 Liberty 

 street, New York, who will issue it hereafter. 



