June i, 1910.] 



THE INDIA RUBBER WORLD 



329 



.NEW INCORPORATIONS. 



Rubber Cover Co., February 14, 1910, under the laws of New 

 York ; capital, $4,000. Incorporators : Henry Sallop, No. 214 

 East Thirteenth street ; Samuel A. Kobac, No. 154 Carroll street, 

 and Julius Kaiser, No. 7 Attorney street, all of New York city. 

 To make automobile accessories. 



Utah Auto Tire Repair Co.. April 4. 1910, under the laws of 

 Utah: capital, $10,000. Incorporators: W. C. Ewing, A. S. 

 Wright, L. E. Higgins, A. J. Bruneau, and Alice Manning, all of 

 Salt Lake City, Utah. 



Ross Rubber Manufacturing Co., April 6, 1910, under the laws 

 of Wisconsin ; capital, $25,000. Incorporators : L. A. Ross. 

 R. G. White, and George N. Graham, all of Mineral Point, Wis- 

 consin. To acquire the business of Badger Rubber Works, Inc., 

 at Mineral Point [see The India Rubber World, July 1, 1909- 

 page 333], and carry on the manufacture of rubber goods. It is 

 proposed to make tires and a general line of mechanicals. 



James L. Gibney & Bro., April 11, 1910, under the laws of 

 New York; capital, $100,000. Incorporators; James L. Gibney, 

 John L. Gibney, both of No. 215 North Broad street, Philadel- 

 phia ; and Joseph H. Fargis, No. 71 Nassau street, New York 

 city. The India Rubber World is informed from the Phila- 

 delphia house of James L. Gibney & Bro., who are important in 

 the rubber tire trade : "We are opening up a new store on Fifty- 

 fourth street just off Broadway, and we have incorporated in 

 New York city, so as not to be a foreign corporation, and we 

 hope to run our business in New York on the same lines as we 

 have previously done in Philadelphia." 



Textile Rubber Co. of New York, April 15. 1910, under the 

 laws of New York; capital, $50,000. Incorporators: Thomas 

 Hydes, Trenton, New Jersey; Harold A. Andrewes, No. 379 

 Eighth street, Brooklyn, New York, and Frank E. Sincere, No. 

 243 West Ninety-eighth street, New York City. 



Neverslip Puncture-Proof Tire Co., May 2, 1910, under the 

 laws of Delaware; authorized capital, $200,000. Incorporators: 

 Howard S. Shafer, H. E. Shafer, and Fred Wunderly, all of 

 Nazareth, Pennsylvania. To acquire letters patent on a pneu- 

 matic tire for automobiles. 



International Pneumatic Auto Wheel Co., May 3, 1910, under 

 the laws of Delaware; authorized capital, $1,000,000. Incor- 

 porators : Charles M. Saulson, No. 192 Clairmont avenue, and 

 Grover D. Edwards, No. 521 West One Hundred and Eleventh 

 street. New York City, and Harry W. Davis. Wilmington Dela- 

 ware. 



Akron Inner Tube Co., May 5, 1910, under the laws of Ohio; 

 authorized capital, $10,000. Incorporators : Jesse P. Dice. 

 Thomas E. Raley, Frank J. Mishler, Charles J. Alpeter, and John 



D. McCoy. Location : Akron, Ohio. 



Consolidated Palo Amarillo Rubber Co., May 7, 19 10. under 

 the laws of Delaware ; authorized capital, $20,000,000. Incor- 

 porators : Harry W. Davis, Wilmington, Delaware; Howard 



E. Brown, and William S. Allen. No. 32 Nassau street, New York 

 city. A company by the same name was mentioned in The 

 India Rubber World March I, 1909 (page 214), as having been 

 incorporated in one of the western United States, with $20,000,000 

 capital, to extract rubber from the Mexican "yellow tree." Will- 

 iam H. Ellis was then mentioned as active in connection with 

 the business. Presumably the company has been reincorporated 

 in Delaware. 



Raley Rubber Co., May 14, 1910, under the laws of Connecti- 

 cut ; authorized capital, $25,000. Incorporators : Hiram S. Raley, 

 Charles Hofacker. and C. Henry Hofacker. all of New Haven, 

 Connecticut. The company began business at the first of this 

 year. 



Standard Rubber Co., May 12, 1910, under the laws of Maine; 

 authorized capital, $500,000. Directors: E. M. Leavitt (presi- 

 dent and treasurer). Winthrop, Maine: Lewis A. Burleigh 

 (clerk), Ernest L. McLean, M. M. Spinney, and M. F. Sheehan, 

 Augusta. Maine. 



new incorporations. 



Acushnet Process Co., April 11, 1910, under the laws of 

 Massachusetts; authorized capital $25,000. Incorporators: Allen 

 T. Weeks, New Bedford, Mass. ; Harrison M. Davis and Ralph 

 W. Dunbar, Boston. To deal in rubber goods. 



General Tire Co., May 9, 1910, under the laws of Ohio ; capital, 

 $10,000. Incorporators: A. V. Boettes, J. H. Marvin, Phil Eid, 

 A. J. Braunwart, Jr., and John L. Boake. Location : Cincin- 

 nati. 



united states rubber co.s issues. 



Transactions on the New York Stock Exchange for 

 weeks, ending May 21 : 



Common Stock, $25,000,000. 



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

 Last Dividend, April 30, 1900 — i r f . 



Week April 30 Sales 4,000 shares High 42% Low 

 Week May 7 Sales 8,900 shares High 41 Low 

 Week May 14 Sales 10,650 shares High 46^4 Low- 

 Week May 21 Sales 1,800 shares High 45 Yi Low 



For the vear — Tli'jh, 52K, Inn. 3; Low, 35, Feb. 7. 



Last year — High, 57^, Low, 27. 



First Preferred Stock, $39,824,400. 



Last Dividend, April 30, roio — 2' , - 



Saks 1,700 shares High 112 Low 



Sales 2,380 shares High 112 Low 



Sales 1,300 shares High 114 Low 



Sales 900 shares High 1135/2 Low 



For the year — High, n6J<>, Jan. 10; Low, 108, Feb. 7. 



Last year — High, 123 i/ 2 ; Low, 98. 



Second Preferred Stock, $9,965,000. 



Last Dividend, April 30, 1910 — i 1 .'* 



Week April 30 Sales 200 shares High 76 



Week May 7 Sales 200 shares High 78 



Week May 14 Sales 1,100 shares High 80 



Week May 21 Sales 700 shares High 80 



For the year — High, 84, Tan. 3; Low, 75 7 x, May 19. 

 Last year — High, 89J/J; Low, (tyVz. 



Six Per Cent. Trust Gold Bonds, $[9,500,000. 



Sales 61 bonds High I03\ s Low 



Week April 30 

 Week May 7 

 Week May 14 

 Week May 21 



four 



37/4 

 38 



41 

 4254 



108 

 109.^ 



112^4 



i03 l /s 



103 

 103 



Week April 30 



Week May 7 Sales 58 bonds High 103^ L01 



Week May 14 Sales 99 bonds High 103 '4 Low 



Week May 21 Sales 90 bonds High 1034 Low 



For the year — High, 104V2, Jan. 15; Low-, 102^, Ma} 7 

 Last year — High, 106; Low, io2' 4 . 



A PROGRESSIVE BUSINESS. 



The merit of rust proof woven steel armor for rubber hose 

 subjected to high pressures and severe ibo in and about ship- 

 yards, railroads, machine shops and mines is well illustrated 

 by the success of the Woven Steel Hose and Rubber Co. (Tren- 

 ton, New Jersey). This company was organized in 1899. Four 

 years later they moved to larger quarters, in South Warren 

 street, where they remained until 1907. During that interval 

 they discovered that their premises would not admit of expan- 

 sion commensurate with the promised growth of their business, 

 and an advantageous location was selected on the Reading rail- 

 road and a new plant erected, several enlargements of which 

 have already been made. The company, organized originally 

 to make the steel armor indicated by its name, has added new 

 lines from time to time, including, in addition to high pressure 

 hose, fibrous packings for steam, air. and water, and so on. 

 The latest addition is their "Autobestine," a brake lining for 

 motor cars and hoisting machinery. There have been on changes 

 in the original officers and management. The machinery em- 

 ployed was perfected by Mr. Karl G. Roebling, treasurer of the 

 company, and one of the members of John A. Roebling's Sons 

 Co., of international prominence in the steel industry. J. Russel 

 Kelso, general manager, is largely responsible for the various 

 improvements which have been made and the additions to the 

 lines of products, as well as for the reputation which the com- 

 pany enjoys as manufacturers of high grade goods. A happy 



