402 



THE INDIA RUBBER WORLD 



[August i, 1910. 



RUFHER FOOTWEAR IN AN OHIO CITY. 



The growing importance of Columbus, Ohio, as a distributing 

 center in the footwear trade is indicated by the recent incor- 

 poration there of the Andrews Shoe Co., with $100,000 capital, 

 for the purpose of carrying on a jobbing trade in boots and 

 shoes and rubbers. The firm is headed by Messrs. W. H. An- 

 drews, Sr., and W. H. Andrews, Jr., who have long been identi- 

 fied with this trade in that territory. 



The Columbus Rubber Co., organized at Columbus at the be- 

 ginning of the year, to handle several brands of footwear manu- 

 factured by the United States Rubber Co., are understood to have 

 met with a large measure of success. By the end of the year 

 they expect to be handling also a line of mechanical products of 

 the United States company. 



A TEXAS BALATA REPORT. 



The Big Bend Manufacturing Co., who have contracted with 

 the State of Texas for the purchase of the guayule shrub on the 

 State school lands in that State, it is understood, will build a fac- 

 tory at Valentine, in the extreme southwestern part of Texas, 

 and opposite the Mexican State of Chihuahua. The company 

 mentioned is under the same control as the Texas Rubber Co., 

 who have been making guayule rubber for some time at Mara- 

 thon, Texas. [See The India Rubber World, November 1, 1909 

 — page 49.] The Marathon factory was mentioned recently as 

 running day and night. 



BICYCLE TIRE PRODUCTION. 



The Hartford Rubber Works Co. are reported to have made 

 more bicycle tires during the month of June than during any 

 preceding month for the last twelve years. Though the produc- 

 tion was 45,853 tires, it was not large enough to fill the orders in 

 hand. It is stated that plans are under way for expanding the 

 company's capacity to 75,000 per month, or 900,000 per year. 

 The capital of the company has been increased recently from 

 $200,000 to $1,000,000. 



The interest in cycling cannot be said to be dying out so long 

 as new "records" are being made. At New Haven, on July 14, 

 Frank L. Kramer covered 25 miles in 54:13 — 2 minutes and 15 

 seconds faster than the previous record. 



NEW FIRE HOSE SELLING BRANCHES. 



Owing to the demands of many of their new customers, the 

 Eureka Fire Hose Manufacturing Co. (New York), have de- 

 cided to open branch offices on or about September 10, on fire de- 

 partment matters, in Minneapolis, North and South Dakota, 

 Iowa, Nebraska, New Mexico, Arizona, Nevada, Montana, Wy- 

 oming, Washington and Wisconsin. These branch stores will 

 carry sufficient stock t» meet all orders. Patrons in the terri- 

 tory referred to will thus have the advantage of doing business 

 direct with the Eureka company, instead of through agents, as 

 heretofore. 



LITIGATION OVER TIRE COVERS. 



Sins have been entered in the United States circuit court 

 in Boston by Hopewell Brothers, of Newton, Massachusetts, 

 against two parties for selling tire covers, or tire cases, alleged 

 to infringe the patents held by the former. The suit in one case 

 is for selling a tire cover with the endless coil spring like the 

 "Hopewell," and in the other for selling a tire cover buttoning 

 along the tread, similar to the "Russell" case. Dealers and job- 

 bers generally have been served with a notice by Hopewell 

 Brothers advising them of the situation. The circulars contain 

 details of the patents held by that firm. 



FROM BASEBALL TO POLITICS. 



Mr. Albert G. Spalding, who on July 17 filed a formal applica- 

 tion as a candidate for the United States Senate from Califor- 

 nia, to serve from March 4 next, was one of the founders and is 

 the present head of the enormous sporting goods business con- 

 ducted in the United States as A. G. Spalding & Brothers and 



A. G. Spalding & Brothers' Manufacturing Co., and in Great 

 Britain as A. G. Spalding & Brothers. This business was begun 

 in Chicago, March 1, 1876, with, it is reported, $800 capital. The 

 capital is now over $4,000,000, and more than 3,000 persons are 

 employed in the Spalding factories and stores. [See The India 

 Rubber World, January i, 1908 — page 127.] 



SPORTING GOODS TRADE. 



The "Sporting Goods Trade Directory" for 1910 is the third 

 annual edition of this useful index of sporting goods manu- 

 facturers and of dealers in this class of goods. The book is is- 

 sued from the office of The Sporting Goods Dealer, an excellent 

 monthly published by Charles Spink & Son, St. Louis. 



UNITED STATES RUBBER CO.S ISSUES. 



Transactions on the New York Stock Exchange for four 

 weeks, ending July 23 : 



Common Stock, $25,000,000. 



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

 Last Dividend, April 30, 1900 — 1%. 

 Week July 2 Sales 7,350 shares High 40^ Low 36 

 Week July 9 Sales 3,000 shares High 38^ Low 35 

 Week July 16 Sales 1,110 shares High 37^ Low 36^ 

 Week July 25 Sales 3,600 shares High 3654 Low 32^ 

 For the year — High, 52V2, Jan. 3; Low, 32}^, July 22. 

 Last year — High, 57H; Low, 27. 



First Preferred Stock, $39,824,400. 



Last Dividend, April 30, 1010 — 2%. 



Week July 2 Sales 2,300 shares High uoJi Low 107 



Week July 9 Sales 625 shares High 109 Low, 107 



Week July 16 Sales 900 shares High 109VJ Low 108 



Week July 23 Sales 1,900 shares High loyi/i Low 105^2 



For the year — High, Il6j4, Jan. 10; Low, 105H, July 23. 



Last year — High, 12354; Low, 98. 



Second Preferred Stock, $9,965,000. 



Last Dividend. April 30, 1910 — lYi%. 



Week July 2 Sales 300 shares High 76 Low 74 



Week July 9 Sales 200 shares High 74^2 Low 74^ 



Week July 16 Sales 100 shares High 73J6 Low 73J6 



Week July 2,^ Sales 400 shares High 72V2 Low 71 



For the year— High. 84, Jan. 3; Low, 71, July 21. 



Last year — High, 89^; Low, 67)4. 



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



Week July 2 Sales 50 bonds High 102 1 /, Low 102 



Week July 9 Sales 29 bonds High I02j,< Low 102 



Week July 16 Sales 121 bonds High 102 1 .. Low 10254 



Week July 23 Sales 17 bonds High 102}/' Low 1021/j 



For the year— High. 104^, Jan. 15; Low, 102, July 9. 

 Last year — High, 106; Low, 102J4. 



TRADE NEWS NOTES. 



The Severin-Lumbard Tire and Rubber Co. has lately been 

 established in Dallas, Texas, at No. 492 Commerce street. 



The Diamond Rubber Co. (Akron, Ohio), have leased for 

 ten years the premises Nos. 807-809 Race street, Cincinnati, at 

 a reported price of $25,235 for the term. They plan an expendi- 

 ture of $6,000 for improvements. 



Vancouver Rubber Co., Limited (Vancouver, British Colum- 

 bia), have removed to larger and better premises, No. 550 Beatty 

 street. The company were incorporated some three years ago, 

 succeeding the business carried on formerly at Vancouver as 

 a branch of The Gutta Percha and Rubber Manufacturing Co., 

 of Toronto, Limited. 



The Pennsylvania Rubber Co. (Jeannette, Pennsylvania), have 

 established a branch in Detroit, Michigan, at No. 882 Wood- 

 ward avenue, in charge of George E. Goble, who for some time 

 represented the company in the Middle States. 



The advertising department of the United States Rubber Co. 

 has to do with making known the merits of that company's 

 goods in eight languages besides English. 



Contracts amounting to $145,000 for paving streets in West- 

 mount, a suburb of Montreal, were awarded recently by the 

 municipal authorities to the Canadian Mineral Rubber Co., 

 Limited. 



