290 



THE INDIA RUBBER WORLD 



[May i, 1910. 



plan; also because newer plantings come into bearing each year. 

 But it may be mentioned that in 1909 the average yield of all 

 the trees tapped, irrespective of age, was 4.77 pounds, whereas 

 tl" av< rage in [907 was only 3.29 pounds, and for the 14 months 

 previous to that yeaT, [.68 pounds. A comparison is available 

 of the yield of 14.557 trees on one of the company's estates — 

 "Ayer Angat" — as follows: 



Average in 1907 2.95 pounds per tree. 



Average in 1908 4.52 pounds per tree. 



Average in 1909 '. 6.69 pounds per tree. 



The report gives the net sales result, and not the gross price 

 obtained, working out at an average for this year of 65. o]/ 2 d. 

 [=$147.02] per pound. The rubber is considered to have cost 

 10-51/. [=20.28 cents], which would indicate a profit of $1.26.7 

 (gold) per pound, against 68.9 cents in the preceding year. 

 The amount realized from rubber sales during the year was 

 £157.051 2J. 2d. [=$764,287.30]. The capital stock outstanding 

 is £150,000. Comparative statement of results : 



1906. 1907. 1908. 1909. 



Yield (pounds) 100.013 224,778 350,688 517,550 



Selling price, net 4s. nK-d. 3S. 9d. 4s. 2d. 6s. oj^d. 



Equivalent to $1.20.6 .91.2 $1.01.3 $1.46.9 



Dividend 18% 20% 30% 80% 



RESULTS OF GOLDEN HOPE ESTATE. 



At the fourth annual meeting of shareholders of The Golden 

 Hope Rubber Estate, Limited [London, March 22] the reports 

 presented included figures which make possible the following 

 comparative statement of results: . . 



1906. 1907. ' . iqo8. 1909. 



Yield (pounds) 2,400 5,591 M.075 5L420 



Selling price, net 3s. yVii- 4s. iYii. 6s..7id. 



Equivalent to $0,885 $1,044 $'-599 



Dividends 5% 6% 8% 30% 



The following statistics of yield are given in the report : 940 

 old trees, tapped six months and then rested, gave 5,249 pounds, 

 or 563 pounds per tree. From 14,888 young trees 44.562 pounds 

 were obtained, or 3 pounds per tree. The total yield includes 

 1.564 pounds of "rambong" (Ficus elastica), but this variety is 

 to be cut out as less productive than Hcvea. The rubber cost 

 worked out at is. o l /id. per pound. 



FORWARD SALES OF RUBBER. 



The Anglo-Malay Rubber Co., Limited, have sold 30 tons of 

 their No. I rubber, deliveries to be evenly distributed through- 

 out the year 191 1, at 9 shillings [=$2.19] per pound. 



Forward sales for the current year were made by The Pata- 

 ling Rubber Estates Syndicate, Limited, amounting to 15 tons 

 at 6s. [=$1.46] and 20 tons at 6s. 6d. [=$1.58] per pound. It 

 was announced at the recent annual meeting that the policy 

 of selling forward would be abandoned. 



For the current year the Golden Hope Rubber Estate, Limited, 

 made a forward contract for the- sale of ten tons of rubber at 

 6s. 3d. [=$1.52] per pound. 



The directors of Kuala Selangor Rubber Co., Limited, have 

 planned to begin tapping this year, when 263 acres will be dealt 

 with. The crop for 1910 has been sold forward at 9s. 6rf. 

 [=$2.31] and for 191 1 at 8s. 3d. [=$2.01] per pound, irrespective 

 of the scrap rubber, which has in each case been contracted for 

 at a shilling less. 



A NEW GUATEMALA PROJECT. 



The Guatemala Rubber and Plantation Co., with offices at 

 No. 10 M : lk street, Boston, and in Guatemala City, invite sub- 

 scriptions to their capital, for the purpose of developing 5,000 

 acres in the department of Escuintla. About 5,000 wild rubber 

 trees are referred to as being productive, and it is proposed to 

 plant 1,000,000 more (species not mentioned). The planting 

 of other crops, in addition to rubber, is mentioned in the. pro- 

 spectus as under consideration. The capital stated is $500,000; 

 preferred shares are offered at $1, one share of common stock 

 being given with each as a bonus. William A. Mosman, an in- 



surance man, is president, and Frederic 11. Newton, dealer in 

 doors and blinds, secretary and treasurer. The company was 

 incorporated November 29, 1909, under the laws of Maine. In- 

 corporators: Lindley M. Webb, Charles J. Nichols, and George 

 E. Higle.t, all of Portland, Maine. None of these is named in 

 the present board of directors. 



"CASTILLOA" RUBBER IN CHIAPAS (MEXICO). 



To the Editor of The India Rubber World: I have read 

 with pleasure the article in your February and March issues 

 entitled "Castilloa Rubber in Chiapas (Mexico)," by Mr. J. L. 

 Hermessen. I am glad to see you publish the facts as they 

 actually exist in Chiapas, and will say that Mr. Hermessen's 

 articles are right to the point and will do much to remove 

 any prejudice resulting from articles in the popular magazines 

 on "Rubber Slavery in Mexico." 



I returned lately from Chiapas, where I went with our 

 company's sixth annual inspector, Mr. George I. Talbot, and 

 four other stockholders of the Wisconsin Rubber Co.'s plan- 

 tation ("Florida"), and will say that we found none of the 

 conditions described in those articles on our plantation, nor 

 do such conditions exist on 3113- of the other plantations in 

 our vicinity. On the other hand, the laborers are well treated 

 and are perfectly satisfied with. their condition: if they were 

 not, they are at liberty to leave and find employment 

 elsewhere. 



We now have over 4,500 acres planted, or about 3,000.000 

 trees, looking fine and growing rapidly. We tapped some of 

 our trees planted in 1004, getting an average of 2j4 ounces 

 per tree. The stockholders with whom we went were all very 

 well pleased and well satisfied with the condition of our 

 plantation. 



Madison, Wisconsin. April 4, 1910. 



LIPTON'S RUBBER INVESTMENTS. 



Sir Thomas Lipton, Bart., who has been mentioned already 

 in The India Rup.ber World as being interested to an important 

 extent in rubber as well as in tea estates in Ceylon, was reported 

 lately to have arrived on that island on a long visit, and it was 

 regarded probable that he would make further investments there 

 before his departure. It is said that his rubber estates will 

 shortly be coming into bearing. 



FREDERICK C. Hl'TSON, 

 Treasurer Wisconsin Rubber Co. 



FORTY PER CENT. MANUFACTURING PROFITS. 



AT the annual meeting of shareholders of the Continental 

 Caoutshouc-und Guttapercha-Compagnie (Hanover, March 

 22) 74 holders were present, representing shares of a face value 

 of 4,653,600 out of 6,000,000 marks capital. The balance sheet 

 was approved and the dividend for the business year 1909 was 

 fixed at 40 per cent. The retiring directors were reeelected. In 

 connection with the proposal to increase the capital stock from 

 6,000,000 to 9,000,000 marks, Director Seligmann gave a detailed 

 explanation of the condition of the company, and stated that the 

 operations during the part of the current year already elapsed had 

 resulted most satisfactorily. The increase of capital is to be 

 arranged by the issue of 2,500 new shares of a face of 1.200 

 marks each, at the price of 2,976 marks per share. The manage- 

 ment was empowered to place the new shares with a group of 

 bankers in Hanover at a price of 248. the underwriters being 

 under obligation to take over the total issue. It is stated that 

 up to 1909, inclusive, the company have written off 11.926,000 

 marks for depreciation of plant, while 18,550.000 marks have been 

 expended since 1873 f° r purchasing new installations for the 

 plant'. 



Tin: exports of rubber tree seeds (Hevea Brasiliensis) from 

 Ceylon during 1909 amounted to 925 cwt.. of the value of 44,025 

 rupees. 



