May i, tqio.] 



THE INDIA RUBBER WORLD 



293 



NORTH BRITISH RUBBER CO. IN CANADA. 



The North British Rubber Co., Limited (Edinburgh, Scotland), 

 having decided to enter the Canadian trade actively, have taken 

 over No. 43 Colborne street, Toronto. These commodious 

 premises will be stocked with the company's production, which 

 includes practically every class of rubber goods made. The 

 Canadian branch, however, will be devoted more particularly to 

 rubber footwear. It will be under the management of Mr. 

 Ernest L. Kingsley, of Toronto, who has had a wide experience 

 in the rubber trade. 



A RUBBER MANUFACTURER FROM AUSTRALIA. 



A recent visitor to the United States was Mr. John Kearns, 

 who for ten years past has been at Melbourne as factory man- 

 ager of the Dunlop Pneumatic Tyre Co. of Australia, Limited. 

 Mr. Kearns is an American, and was a successful manufacturer 

 before going out to Australia. The factory referred to has been 

 successful since the beginning, and has grown steadily until 

 about 750 hands are now employed. Formed originally to manu- 

 facture tires, the company have taken on mechanicals, rubber 

 heels, waterproof clothing, and other products. They are under- 

 stood to have some important contracts for goverenment supplies. 



UNITED STATES RUBBER CO.'S ISSUES. 



Transactions on the New York Stock Exchange for four 

 weeks, ending April 23 : 



Common Stock, $25,000,000. 



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

 Last Dividend, April 30, 1900 — 1%. 



Week April 2 Sales 2,930 shares High 44^2 Low 42P2 



Week April 9 Sales 4,000 shares High 44^2 Low 42 



Week April 16 Sales 3,300 shares High 45 Low 4i;< 



Week April 23 Sales 1,630 shares High 44 Low 42^2 



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

 Last year — High, 57H1 Low, 27. 



First Preferred Stock, $39,824,400. 



Last Dividend, April 30, ioro — 1%. 



Week April 2 Sales 1,510 shares High 115 Low H3 7 's 



Week April 9 Sales 834 shares High 116 Low 11434 



Week April 16 Sales 1,220 shares High 116^ Low 114 



Week April 23 Sales 910 shares High 114 Low H2j^ 



For the year — High, ii6 l / 2 , Jan. 10; Low, 108, Feb. 7. 

 Last year — High, 123H; Low, 98. 



Second Preferred Stock, $9,965,000. 



Last Dividend, April 30, 1910 — i l A%. 



Week April 2 Sales 220 shares High 7934 Low 79*4 



Week April 9 Sales 130 shares High 79 Low 79 



Week April 16 Sales 600 shares High 80^2 Low 79 



Week April 23 Sales 316 shares High 79 Low 79 



For the year — High, 84, Jan. 3; Low, 76, Feb. 7. 

 Last year — High, SgVz; Low, 6jyi. 



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



Week April 2 Sales 102 bonds High 103*4 Low 103 



Week April 9 Sales 103 bonds High 103 Low 10234 



Week April 16 Sales 57 bonds High 1033/g Low 103 



Week April 23 Sales 124 bonds High 1035.2 Low 103^ 



For the year — High, 104V2, Jan. 15; Low, 102^1, March 5. 

 Last year — High, 106; Low, 102^. 



WORK RESUMED AT BRISTOL. 



All departments of the factory of the National India Rubber 

 Co. (Bristol, Rhode Island), resumed work on April II, instead 

 of April 18, as had been announced at the date of the annual 

 shutdown for inventory and stock taking. The shortening of 

 the period of shutdown was highly appreciated by both the em- 

 ployes and the local trades people, through whose hands so much 

 money passes from the company's pay rolls when the factory 

 is in operation. The daily production of the footwear depart- 

 ment is reported larger than prior to closing. 



Matthew S. Harmon, formerly with the Davol Rubber Co. 

 (Providence, Rhode Island), has been appointed foreman of 

 the druggists' sundries department of the Bristol factory. 



BANIGAN RUBBER FACTORY TO RESUME! 



It is stated that plans are under way for the resumption of 

 work in the plant at Olneyville (near Providence, Rhode Island), 

 tstablished in 1896 by the Joseph Banigan Rubber Co. and op- 

 erated by them until April, 1008, in the manufacture of rubber 

 footwear. The business was acquired by the United States Rub- 

 ber Co., and latterly the Banigan brands of goods have been made 

 at another factory of the United States company. The latest 

 reports with regard to the Banigan factory is that the making of 

 automobile tires is in contemplation there. 



NEW WATERPROOFING PLANT. 



The long established rainproofing concern, The Schwarz- 

 waelder Co., of Philadelphia, have added a rubber waterproofing 

 branch. They are now in the field for rubberizing all kinds of 

 single and double texture work, all grades of hospital sheeting, 

 and a full line of calendered goods, including army blankets and 

 hospital sheets. They inform us they have installed an entirely 

 new up-to-date spreading plant, together with all the latest 

 methods for vulcanizing their goods, which they claim are the 

 best now in the market. They have also engaged the most ex- 

 perienced and skillful help that could be procured. 



F. W. SAVAGE RUBBER CO. 



This new corporation [see The India Rubber World, April 



T iQ !0 page 254] has been formed to succeed to a private 



firm under the same name, and to acquire two patents issued 

 to F. W. Savage for combinations of felt and knit boots and 

 socks, with a protector and snow excluder. The said trans- 

 fer is subject to a contract with the Hood Rubber Co. (Bos- 

 ton) for the manufacture of the patented articles, the product 

 to be sold exclusively to the F. W. Savage Rubber Co.. this 

 company to resell to the jobbing trade. . The location of the 

 new company is No. 36 Lincoln street, Boston. 



MEXICAN CT3.VDS RUBEER CO. —SALE REPORTED. 



The sale is reported, to an English syndicate, of the Mexican 

 Crude Rubber Co., a corporation under the laws of Michigan, 

 with $1,500,000 capital, and headquarters at Detroit, in that State. 

 The company was formed in May, iocO, by parties in interest 

 with the Coahuila Mining an 1 Smelting Co., operating in Mexico, 

 to engage in the production of guayule. The company have been 

 operating two guayule factories at Viesca, and one at Cedral, 

 Mexico, turning out a considerable product. R. M. Dyar, of De- 

 troit, has been president of the Mexican Crude Rubber Co. from 

 the beginning, and Walter E. Parker general manager. Mr. 

 Parker returned recently from a visit to England, accompanied 

 by some gentlemen understood to represent the purchasing syndi- 

 cate referred to above. 



TRADE NEWS NOTES. 



Electric Hose and Rubber Co. (Wilmington, Delaware), issue 

 a statement to their customers showing the increase in crude 

 rubber and in cotton yarns from the normal price for a few 

 years past, as explaining the necessity for revising upward prices 

 on their hose products. The keynote of the circular is "that 

 the manufacturer who does not advance his prices is either losing 

 money or reducing the quality of his goods." 



A circular in relation to the price of shares of the Diamond 

 Rubber Co. is issued by A. E. Butler & Co., Chicago stock 

 brokers, under date of April 21. They record their belief that 

 the net earnings of the Diamond company this year will exceed 

 80 per cent, on their present capitalizatio nof $10,000,000. They 

 credit the company with a present output of 2,500 tires a day. 

 On the date of the circular 290 was the Chicago quotation for 

 Diamond Rubber Co. shares. 



The Goodyear Tire and Rubber Co. of Canada have been in- 

 corporated with $250,000 capital, the company to have headquar- 

 ters in Toronto. Incorporators : D. B. Simpson, W. F. Stearns, 

 Norris Wilson, D. C. Betts, J. S. Moorcraft, A. W. McMillan, 

 and J. H. McMurtry, all of Bowmanville, Ontario. 



