January i, 191c] 



THE INDIA RUBBER WORLD 



149 



correspondent of The India Rubber World, "in 1910 some 

 75,000 new machines will be put on the market. The simplifying 

 of engine will work wonders in popularizing the motorcycle and 

 will have the effect of cutting the weight of the machine in two." 

 The Goodrich company have put sufficient importance on the 

 motorcycle tire field to issue among their advertising publica- 

 tions a monthly paper of 16 pages, named The Clincher, devoted 

 entirely to the motorcycle trade, and especially designed to pro- 

 mote the popularity of the sport. Clubs have been rapidly form- 

 ing in the middle west, for women as well as men, since the 

 invention of a rumble seat attachment for cycles has made 

 motorcycling a social pastime as well as a sport. 



CONVERSE RUBBER SHOE CO. 



This company, scarcely more than a year old, having been 

 organized in November, 1908, has already taken an import- 

 ant place in the rubber footwear trade. The work of erecting a 

 factory was begun in the last days of December, and the build- 

 ings were completed and the machinery installed and in operation 

 by May 1. Salesmen started on the road with samples on May 

 10, and came off the road on July 10, with the year's production 

 practically sold. The officers of the company are experienced 

 handlers of rubber footwear. The president is M. M. Converse, 

 formerly of the firm of Converse & Pike, in the footwear trade 

 in Boston, and later manager of the Beacon Falls Rubber Shoe 

 Co., Boston. J. S. Capen, the treasurer, some time with the 

 Enterprise Rubber Co.. was also later with the Beacon Falls 

 company. 



TO MAKE BALTA BELTING AT YOUNGSTOWN. 



The Republic Rubber Co. (Youngstown, Ohio) announce that 

 they have acquired the balata belting business of Robins New 

 Conveyor Co. (New York), and, in conjunction with the original 

 English manufacturers of this product, are erecting a large and 

 modern plant at Youngstown for its manufacture 111 the United 

 States. This belting has heretofore been sold in this country 

 under the name of "Robins Genuine Balata Belting,'' but in the 

 future will be sold as "Lanco" Genuine Balata Belting, the brand 

 under which it is marketed throughout the eastern hemisphere. 



The Republic Rubber Co. have secured from the Irwell and 

 Eastern Works (Salford, Manchester) the exclusive manufactur- 

 ing rights in America for the belting referred to. Mr. James 

 Tinto, president and general manager of the English company 

 referred to, is at present in Youngstown, accompanied by the 

 company's chief constructing engineer, Mr. Gomersoll. These 

 gentlemen are there for the purpose of directing the starting of 

 the large plant to be erected by the Republic company for their 

 new line, which they purpose making an important part of their 

 business. 



NEW MACHINE COMPANY IN AKRON. 



The Akron Rubber Mold and Machine Co. were incorporated 

 December 21, under the laws of Ohio, with a capital stock of 

 $10,000. They have bought the plant of the Federal Machine 

 Co., of Akron, and will make a specialty of the manufacture of 

 rubber tire molds, having contracts with tire-making companies. 

 Stanley W. Harris, now superintendent of the Taplin-Rice- 

 Clerkin machine shop of this city, will be manager and with him 

 will be associated William D. Morris, mechanical engineer of 

 the Federal Rubber Co., of Youngstown, Ohio, and Frank 

 Hobach, of this city. 



ADDITIONAL AKRON NEWS. 



With the beginning of the new year the Swinehart Tire and 

 Rubber Co. will put in operation their new factory, in which they 

 will make pneumatic tires. The company announce that they have 

 actual orders for over 30,000 pneumatics. 



The B. F. Goodrich Co. are planning to erect two additional 

 six-story factory buildings early in the spring. One will be put 

 on Falor street, across from the Diamond plant, and the other 

 on the canal in the rear of the main buildings. 



The Diamond Rubber Co. expect to put the product of their 



boot and shoe department on the market shortly after the first 

 of the year, when a sales manager for that department will arrive 

 to take up his duties. It is probable that a separate selling force 

 will be organized for this line. 



The keen competition for 1910 tire business will result in a 

 large representation by rubber companies at the New York 

 automobile shows, beginning December 31 and ending January 15. 



Mr. C. B. Raymond was re-elected president of the Akron 

 Chamber of Commerce, at the annual meeting early in December. 

 Though it is against the policy of the chamber to re-elect presi- 

 dents, Mr. Raymond's efficiency prompted the directors to lay 

 aside the rules. 



UNITED STATES RUBBER CO.'S ISSUES. 



Transactions on the New York Stock Exchange for five 

 weeks, ending December 25 



Common Stock, $25,000,000. 



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

 Last Dividend, April 30, 1900 — 1%. 

 Week November 27 Sales 12,900 shares High 52->4 Low 50 

 Week December 4 Sales 15.450 shares High 54 Low 50 

 Week December 11 Sales 4,223 shares High 53V2 Low 52% 

 Week December 18 Sales 17,000 shares High 54^ Low 52V3 

 Week December 25 Sales 5,515 shares High 54% Low 53 

 For the year — 'High, $7%, Aug. 19; Low, 27, Feb. 24. 

 Last year — High, 37^2; Low, 17J4. 



First Preferred Stock, $36,263,000. 

 Last Dividend, Oct. 30, 1909 — 2%. 

 Week November 27 Sales 10,200 shares High 118 Low 115^4 

 Week December 4 Sales 2,680 shares High 117}:+ Low 115 

 Week December 11 Sales 1,400 shares High 118 Low ll6 l /s 

 Week December 18 Sales 2,210 shares High 117V2 Low 117 

 Week December 25 Sales 1,850 shares High Il8y 2 Low Ii6?8 

 For the year— High, 123^2, Aug. 24; Low, 98, Jan. 29. 

 Last year — High, 108; Low, 76. 



Second Preferred Stock, $9,965,000. 

 Last Dividend, Oct. 30, 1909 — iYi%. 

 Week November 27 Sales 3,810 shares High 85 Low 8o ; '4 

 Week December 4 Sales 1,800 shares High 825^ Low 80 

 Week December 11 Sales 580 shares High 84 Low 82 

 Week December 18 Sales 950 shares High 84 Low 83 

 Week December 25 Sales 46 shares High 84 Low 83V* 

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

 Last year — High, 755 >; Low, 42. 



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

 $15,000,000 issued. 

 Week November 27 Sales 31 certs. High 104% Low 104 

 Week December 4 Sales 

 Week December II Sales 

 Week December 18 Sales 

 Week December 25 Sales 



63 certs. High 104^3 Low 104 



7 certs. High 104 % Low 104 J^ 



67 certs. High 104J4 Low 104 



48 certs. High 10454 Low 104^ 



trade news notes. 



The corporation Ailing Rubber Co. have filed with the secre- 

 tary of state of Connecticut a certificate of change of location 

 from New Haven to Bridgeport. 



The American Mills Co., manufacturers of elastic fabrics at 

 Waterbury, Conn., have increased their capital from $150,000 to 

 $400,000. 



The Millville factory of the Woonsocket Rubber Co., devoted 

 to making boots, resumed work on December 16, after having 

 been closed for a month. 



Fred H. Jeffrey has been appointed manager of the branch at 

 St. John, New Brunswick, of the Canadian Rubber Co. of Mon- 

 treal, Limited, to succeed Paul R. Hanson. Mr. Jeffrey has been 

 in the employ of the company at Montreal for several years. 



The Rubber Goods Manufacturing Co. declared the regular 

 quarterly dividend of lj4 P e r cent, on the preferred stock, payable 

 on December 15. 



An agreement has been made by the fire hose manufacturers 

 that after January 1, 1910, samples of fire hose submitted with 

 bids shall not measure over 6 inches in length. 



The Converse Rubber Shoe Co. (Maiden, Massachusetts), have 

 taken on the manufacture of a line of tennis goods. 



