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THE INDIA RUBBER WORLD 



[March i, igio. 



NEW INCORPORATIONS. 



The Fisk Rubber Co., January 18, 1910, under the laws of 

 Delaware; capital, $4,000,000. Incorporators: Warren N. Akers, 

 E. Butterworth Davis and William J. Maloney, all of Wilming- 

 ton, Delaware. This is a step preliminary to increasing the 

 capital of The Fisk Rubber Co. (Chicopee Falls), a corporation 

 under the laws of Massachusetts, which has been found to be 

 necessary owing to the rapidly increasing business of the com- 

 pany. The shareholders of the Massachusetts corporation will 

 hold the major portion of the stock of the Delaware corporation, 

 and the officers of the latter are the same as of the former : H. 

 T. Dunn, president; A. N. Mayo, treasurer; and H. G. Fisk, 

 secretary. 



The Lyman Tire and Rubber Co., February 2, 1910, under 

 the laws of Pennsylvania ; capital, $20,000. Incorporators : 

 Clement Restlin, J. Walton Lyman, and Frank J. Ford— all of 

 Philadelphia. Further details appear in another column. 



C.iuca River Concession Corporation ; February 3, 1910, under 

 the laws of Delaware ; capital authorized, $5,000,000. Incor- 

 porators : Henry W. Goodrich, New York; Isaac Morgan Price. 

 Philadelphia ; Warren N. Akers, Wilmington, Delaware. While 

 the Cauca river penetrates a rubber district in Colombia, The 

 India Rubber World is advised that the new company will 

 not engage in the rubber business. 



Globe Tubing Co., January 29, 1910, under the laws of New 

 Jersey; capital, $25,000. Incorporators: George M. Nicholls, No. 

 339 West Fifty-fifth street, New York; Edward A. von Sothen, 

 No. 725 Home street, Bronx, New York; and Robert W. Thomp- 

 son, Jr., Ridgefield, New Jersey. The headquarters of the con- 

 cern are at No. 227 Grand street, Hoboken, New Jersey. The 

 company will manufacture and deal in all kinds of flexible tubing. 



HOOD RUBBER CO.— BALANCE SHEET. 



Below appears the condensed balance sheet of the Hood 

 Rubber Co. (Boston), as of December 31, 1900, certified to by 

 Edward P. Coniins, public accountant : 



ASSETS. 



Plant $1,400,000.00 



.Merchandise 626,281.04 



Receivables 1,425,919.82 



Cash 233,998.91 



Stock owned in other corporations 213,519.09 



Patents 1,000.00 



Total $3,900,718.86 



1 1 Aim [TIES. 



Capital stock, common $1,000,000.00 



Capital stock, preferred 1,000.000.00 



Notes payable 470.000.00 



Surplus 1,430,718.86 



Total $3,900,718.86 



As was mentioned in The India Rubber World of February 

 I (page 187), the preferred capital stock of the Hood Rubber 

 Co. has been increased, since the date of the above balance sheet, 

 to $1,500,000, by the creation of $500,000 in new 7 per cent, cumu- 

 lative shares. The issue was made at $125 for the $100 shares, 

 since which time shares have been offered in market by holders 

 at $135- 



NEW RUBBER COMPANY IN CANADA. 



The business existing hitherto in Hamilton, Ontario, as the 

 Tire and Rubber Goods Co., for the sale of motor tires and 

 accessories, has been extended with a view to taking on the 

 sale of a general line of rubber goods, including mechanicals, 

 druggists' sundries, and so on. The business was incorporated 

 under the laws of Ontario on January 13, as Tire and Rubber 

 Goods, Limited, with $40,000 capital. At the first meeting of 

 shareholders, on February 16, Parry D. Saylor, K. R. Spencer, 

 W. H. Daniels, and W. E. Burke were elected directors. At a 

 meeting of the directors on the same day Parry D. Saylor was 

 elected president and general manager, and K. R. Spencer vice- 



president and treasurer. In addition to their general jobbing 

 business, the company have a very complete modern tire repair 

 plant, and facilities for doing li.uht manufacturing which will be 

 increased as the business may warrant it. Mr. Saylor gained his 

 training in the rubber trade under the late Charles H. Dale, in 

 the United States, and for the past three years has been general 

 purchasing agent of the Canadian Consolidated Rubber Co., 

 Limited, at Montreal. 



UNITED STATES RUBBER CO.'S ISSUES. 



Transactions on the New York Stock Exchange for four 

 weeks, ending February 19: 



Common Stock, $25,000,000. 



[The treasury of a subsidiary company holds $1,344,000.] 

 Last Dividend, April 30, 1900 — 1', . 



Week January 29 Sales 7,000 shares High 46J/2 Low 42 1 /, 



Week February 5 Sales 11,455 shares High 43^4 Low 3654 



Week February 12 Sales 19,350 shares High 42 Low 35 



Week February 19 Sales 9,100 shares High 467^ Low 39^ 



For the year — High, 52^, Jan. 3; Low, 35, Feb. 7. 



Last yeai — High, $7%; Low, 27. 



First Preferred Stock, $39,824,400. 



Last Dividend, Jan. 31, 1910 — 2 c /c. 

 Week January 29 Sales 4,331 shares Highii2fg Low ill 

 Week February 5 Sales 5,280 shares High n iS Low 108% 

 Week February 12 Sales 2,150 shares Highiio-34 Low 108 

 Week February 19 Sales 3,014 shares Highi^'s Lowni 



For the year — High, 116J/2, Jan. 10; Low, 108, Feb. -. 



Last year — High, 123^; Low, 98. 



Second Preferred Stock, $9,965,000. 



Last Dividend, Jan. 31, 1910 — i z .' ■ 



Week January 29 Sales 1,400 shares High 79J-2 Low 78 



Week February 5 Sales 200 shares High 80 Low yy 



Week February 12 Sales 900 shares High 79 Low. 76 



Week February 19 Sales 600 shares High SoJ/2 Low 80 



For the year — High, S4, Jan. 3; Low, 76, Feb. 7. 



Last year — High, &9 l /z; Low, 67^2. 



Six Per Cent. Trust Gold Bonds, $19,500,000. 



Week January 29 Sales 96 bonds High 104 Low 103^ 



Week February 5 Sales 77 bonds High 104% Low 10354 



Week February 12 Sales 107 bonds High i04'/s Low 1035/2 



Week February 19 Sales 288 bonds High 103*2 Low 10254 



Last year — High, 106, July 19; Low, 102J4, Jan. 16. 



Sales, 1909 — 4,667,000. 



TRIBUTE TO THE LATE MR. ALLERTON. 



At a special meeting of the executive committee of the Rubber 

 Sundries Manufacturers' Association, held in New York on 

 December 27, 1909, the following preamble and resolutions were 

 adopted : 



Whereas. Mb. George M. Allerton, a member of the executive com- 

 mittee of this Association departed this life on October 16, 1909: and. 



Whereas, His interest and loyalty in behalf of the Rubber Sundries 

 Manufacturers' Association as a member of the executive committee was 

 so marked; and, 



Whereas, His happy disposition and generous character has endeared 

 him in the admiration of all members of this Association; be it 



Resolved, That his associates of the Rubber Sundries Manufacturers' 

 Association, through the death of Mr. George M. Ali.erton, have suffered 

 a great loss; and be it further 



Resolved, That in commemoration of the friendship and esteem in which 

 he was held by all members of this Association, and to evidence their sor- 

 row and deep sympathy with the bereaved family, this preamble and 

 resolutions be spread upon the minutes of this association and a copy be 

 forwarded to the family of our deceased associate and beloved friend. 



The above paper was signed by the members of the executive 

 committee: H. C. Burton (president), E. E. Iluber (secretary), 

 G. B. Hodgman, H. E. Raymond, C. J. Davol, and F H. Jones. 

 An obituary notice of Mr. Allerton appeared in The India 

 Rubber World, November I, 1909 (page 51.) 



CHANGE OF STYLE. 



The name General Asbestos and Rubber Co. has been adopted 

 by a company organized nearly fourteen years at Charleston, 

 South Carolina, as The Charleston Metallic Packing Co., and 

 operated since under that name. Their business has been chiefly 

 in high grade steam packings, hut it is intended now to broaden 

 the scope of operations. C. B. Jenkins is president ; M. B. 



