282 



THE INDIA RUBBER WORLD 



[May i, 1910. 



Pan \m a. 



Henriquez South Rubber Estates, Limited; February 8.. £50,000 



Vim /i El v 



Venezuela Rubber Syndicate, Limited; February 1 £3,000 



Br \/.il. 



Ceara Rubber Estates, Limited; February 4 £50,000 



Santo Rubber Estates, Limited; February 25.. 100,000 



Serinak Rubber Estate, Limited; February 28 50,000 



Diamantino Rubber Plantations, Limited; March 5... 100,000 



Amazonian Rubber Syndicate, Limited; March 1 10,000 



Bolivia. 



La Marlona Rubber Estates, Limited; February 11.... £250.000 



Zongo Rubbei Estates, Limited; February 15 120,000 



Peru. 



Rubber ami Produce Co., Limited; Feb. 25.... £175,000 



South America. 



South America Rubber Co., Limited; February 21 £3.000 



Gener \l. 



[Including c< mpanies for which no region is named in the data 



reaching us.] 



Rubber Produce Agency, Limited; February 1 10,000 



Higgoda Rubber Estate. Limited; February 11 40,000 



Colonial Property and Rubber Co., Limited; Feb. 14.. 56,000 



Serangoon Rubber Co.. Limited; February 16 70,000 



Rubber and General Trust Co., Limited; February 10... 125,000 



Muhesa Rubber Plantations. Limited; February 22.... 35,000 



Blitar Rubber Syndicate, Limited; February 22 100 



Mid East Trust Syndicate. Limited; February 22 7,000 



K. A. Syndicate, Limited , February 2.^, 1,000 



L. S. Plantations, Limited; February 2^ 2,505 



Rubber and Enterprise Syndicate, Limited; Feb. 24.... 15,000 



British Malay Rubber Co., Limited; March 2 100,000 



Pioneer Rubber and ( > i 1 Syndicate, Limited; March 5... 1,000 



G. P. L. Syndicate, Limited, March g 500 



Eastern Rubber Trust and General Agency. Limited ; 



March 12 50.000 



Hevea Rubber Trust, Limited; March 16 150,000 



Rubber and Industrial Trust, Limited; March 2^ 50,000 



Rubber Estates and General Development Co., Limited; 



March 24 25,000 



Federated Rubber Corporation, Limited; March 30.... 5,250 

 Rubber and Produce Investment Trust, Limited; 



M arch 31 20,000 



RUBBER INTERFERES WITH THE COURTS. 

 I FROM "THE FINANCIAL NEWS," LONDON. 1 



At the city coroner's court, yesterday [April 7] several jury- 

 men who had been summoned did not put in an appearance, and 

 the court beadle reported that one of the absentees had ignored 

 a summons three times. Dr. Waldo (the coroner) remarked 

 that the penalty was £5, and he asked the beadle how he served 

 the summons. 



The Beadle.— I left it with his principal clerk. The offices 

 have been shut up so much lately owing to the bcom in rubber 



Dr. Waldo. — Whatever has the boom in rubber to do with it ' 

 ( Laughter. ) 



The Beadle. — The gentlemen have been absent from their 

 offices owing to the increase of business. 



It was found that another juryman was absent for the second 

 time, so the coroner directed the beadle to go outside the court 

 and call the names of these two gentlemen three times aloud, 

 according to law. This having been done, and no answer re- 

 ceived, the two absentees were fined £5 each. 



England Buying Mexican Rubber Properties. 



BRITISH capital of late has been attracted liberally to rubber 

 producing enterprises in Mexico, after having absorbed 

 the bi 51 plantations in the Far East, where the commercial 

 production of rubber under cultivation began at an earlier date 

 than elsewhere. Having acquired the existing plantations in the 

 East, the British investors eagerly turned their attention to 

 every proposal to establish a new plantation, in whatever coun- 

 try. As for Mexico, the rubber planting enterprise has now 

 gone far beyond the experimental stage, and commercial results 

 ing to be realized on a satisfactory scale. Besides, the 

 production of guayule rubber in Mexico has become one of the 

 in. -1 important industries in that country, besides affording 

 a mo. t important contribution to the world's supply of rubber. 

 In the paragraphs which follow are outlined several recent Lon- 

 don "flotations" in respect of Mexican rubber. 



A TWO-MILLION-DOLLAR GUAYULE COMPANY. 



The Guayule Rubber Co., Limited, with a stated capital of 



£400,000 [=$1,946,600], has been formed in London to acquire as 



ing concern, as from February 28, 1910, the rubber producing 



noun as Compania Explotadora de Caucho Mexicano, 



S. A. This company was an outgrowth of the experiments with 



guayule begun in 1902 by Dr. Adolpho Marx, of L'Anglo Mex- 



ii , a company with headquarters in Hamburg, and concerned 



with ixtle and other fibers in Mexico. The rubber company 

 Formed by Dr. Marx was participated in by leading bankers of 

 Berlin and Dresden, and by the great German rubber manufac- 

 turers. Vereinigte Gummiwaren I'abriken Harburg-Wien. [See 

 Tin. India Rubber World. March 1, 1905— page 183.] 



The Mexican company acquired by The Guayule Rubber Co., 

 Limited, are stated in their prospectus to own two factories 

 at Saltillo. with combined engine capacity of 800 11. p. and pre- 

 pared to produce 100 to 115 tons of rubber monthly; also a 

 smaller factory at San Lni- Potosi, and a leasehold on property 



at Jimulco. They have contracts for the guayule existing upon 

 6,000,000 acres of land. They are stated to have produced 

 2,181,277 pounds of rubber during the calendar year 1909, at a 

 cost figured at is. 6d. [=36;<2cents] per pound. There exist 

 some uncompleted contracts for the forward sale of rubber, which 

 it was thought wise to make during the financial depression a 

 \ ear or so ago, and the terms of which are not disclosed. But 

 their London selling agents report : "We could, if authorized to 

 do so, make forward contracts at the present time for the whole 

 of the production of the company, during the next twelve 

 months, or perhaps longer, at the present price of 4 shillings 

 a pound." 



The prospectus of the new company embraces no analysis of 

 past or expected profits, hut states that the present business 

 points to an annual profit of "nearly £110,000." The prospectus 

 indicates the sale of Compania Explotadora de Caucho Mexicano, 

 S. V. to the British Mexican Rubber Properties, Limited, for 

 £j;5.ouo. in cash and shares. The latter sell out to The Guayule 

 Rubber Co., Limited, for £350,000, also in cash and shares. The 

 first public i^Mie is 250,000 shares, of £1 each, calculated to afford 

 £50,000 working capital. 



In connection with the statements in the guayule prospectus 

 it may he of interest to read the following extract from the 

 annual report of Vereinigte Gummiwaren-Fabriken Harburg- 

 Wien — hareholders in the guayule company — for the year ended 

 June 30, 1909 [see Tin; India Rubber World, December 1, 1909 — 

 page 73 1 : 



The Compania Explotadora de Caucho N£exicano, of Mexico, was this 

 year again unable to declare a dividend, the output of guayule rubber 

 having been smaller than last year, in consequence of the necessity of 

 stopping the manufacturing plant on various occasions. The adoption of 

 a new chemical process failed to produce the expected results, and the old 

 process has consequently been used exclusively. In view of these circum- 

 stance-, we consider it necessary to contribute a considerable amount to 



