June 1, 1921 



THE INDIA RUBBER WORLD 



693 



The working capital was 284,163,502.03 marks and net profits 

 amounted to 14,426,294.16 marks. The report gives a summary 

 of the welfare work done during the year. Expenses for em- 

 ployes in accordance with the requirements of the law amounted 

 to 1,002,812.86 marks; vohintary welfare work cost 2,258,619.52 

 marks. This latter includes the e.xpenditure of 400,000 marks to 

 cover the cost of sending the children of all the employes to 

 the counto' for four weeks. Ever}' man who lias worked to the 

 company's satisfaction for 10 years receives a life insurance policy 

 of 1,500 marks as a gift. At present 1,303 workers possess such 

 policies, or bank books if they cannot be insured. Office em- 

 ployes are presented with policies ranging from 1,500 to 5,000 

 marks on completion of their 10 years of service. All these 

 policies are paid out immediately at death or when the holder 

 has reached the age of 65 years. At present 501 office employes 

 hold such policies. 



The Mittelland-Gummivvcrke A. G., Ilanovcr-Linden, reports 

 net profits amounting to 1,807,330.73 marks. A dividend of 6 

 per cent on 300,000 marks of preferential shares was declared, 

 as well as 25 per cent dividend on 4,200,000 marks original 

 shares, plus a bonus of 10 per cent on these shares. It was 

 further decided to increase the capital of 4,200,000 marks to 

 6,600,000 marks. 



At a recent meeting of the Kabelwerk Duisburg A. G., in 

 Duisburg, it was proposed to declare a dividend of 16 per cent 

 and a bonus of 9 per cent as in the year before. Net profits 

 for the year 1920 were 2,952,843 marks. 



The C. Miiller Gummiwarenfabrik A. G., were able to report 

 net profits of 481,651.64 marks for 1920 and as in 1919, declared 

 a dividend of 15 per cent. 



The Mannheimer Gummi- Guttapercha- und Asbest-Fabrik, A. 

 G., Mannheim, declared a dividend of 24 per cent for the year 

 1920. Net profits were 1,253,343.83 marks. 



The Bremer Gummiwerke Roland A. G., Bremen, reports that 

 1920 was more favorable than the previous year. Net profits 

 for the year under review were 197,683.48 marks, and it was 

 possible to declare a dividend of 7 per cent. 



The Gummiwerke "Elbe," Aktiengesellschaft, Piesteritz, near 

 Klein-Witlenbcrg (Elbe), reports a satisfactory year. Net profits 

 amounted to 488,387.26 marks and dividends of 4 per cent and 

 12 per cent were proposed. The company's statement shows the 

 great increase of costs and expenditure from 659,534.73 marks in 

 1914, to 1,488,695.61 marks in 1918, 2,576,350.77 marks in 1919 

 and 7,712,339.23 marks in 1920. 



Vereinigte Berlin-Frankfurter Gumniiwarenfabriken had net 

 profits of 1,315,637.86 marks and were able to declare a dividend 

 of 15 per cent as in 1919. 



NEW FIRMS 



Aachener Pneumatic-Reparatur Anstalt S. Saul G. m. b. H., 

 Aachen; repairing of pneumatic tires, manufacture and sale of 

 protectors, repairing material, etc. 



Polo Gummigesellschaft Freudmann & Co., Barmen. 



Lindener Gummiwarenfabrik G. m. b. H., Hanover, manufac- 

 ture and sale of all kinds of goods made of rubber or similar 

 material. 



Firma Carl Mettler, G. m. b. H., Trier; trade in technical 

 goods of rubber and asbestos, electrical goods, etc. 



Mineralol- und Asbest-Gesellschaft m. b. H. (formerly A. 

 Neuhaus), Paderborn ; import and export of mineral oils and 

 fats, technical goods of rubber and glass, asbestos goods, belting, 

 etc. 



Gummiwerk Odenwald, G. m. b. H., Miimling-Grumbach 

 (in Odenwald). Manufacture of rubber goods and regenerated 

 rubber, sale thereof. 



Firma Tetra .A. G., Chemnitz, manufacture and sale of all 

 kinds of hygienic fabrics and articles made thereof; capital, 

 1,000.000 marks. 



Firma Fritz Holzhey, Frankenberg, Saxony ; import and manu- 

 facture of technical oils and fats, trade in belting, rubber and 

 asbestos goods, stuffing-box packing and all kinds of technical 

 goods. 



THE LEIPZIG SPRING FAIR 



In spite of political troubles, it seems that the Leipzig Spring 

 Fair was to a certain extent successful and that the turnover 

 was satisfactory. As usual, large numbers of people came from 

 all parts of Germany and quite a number of foreigners were 

 present— Americans, Swiss, Austrians and even Englishmen and 

 Frenchmen. Since the war forced manufacturers to resort to 

 substitutes, rubber at the Leipzig fair has not been so well repre- 

 sented as was the case this time. It is claimed that both quantity 

 and <|uality were surprisingly good. Everything in hard and soft 

 rubber, gutta percha, celluloid and similar materials, that in 

 pre-war days found a place at the fair, was once more represented. 

 Exhibits of surgical, hygienic, optical and household goods of 

 rubber were particularly complete and numerous. While certain 

 hygienic and sporting articles were poorly represented as late as 

 the last fall fair, much that was interesting in these lines was 

 now to be seen. All sorts of technical goods, bathing caps, 

 tires, soles and heels, jar-rings, toys, balls and hard rubber goods 

 were exhibited in quantity. Prices were favorable and it is 

 not expected that they will be further reduced. 



RUBBER FACTORIES IN CZECHO-SLOVAKIA 



The most important rubber factories in Czecho-Slovakia are : 



\'ereinigte Berlin-Frankfurter Gumniiwarenfabriken, branch in 

 Grottau, Bohemia. There are warehouses of this enterprise in 

 Vienna, Budapest and Prague. Main factories are in Berlin 

 and other German places. At Grottau about 300 workers are 

 employed. The articles manufactured are principally technical 

 and surgical rubber goods ; pneumatic tires for automobiles and 

 other vehicles, rubber soles and heels. 



Gummi-und Balatawerke "Matador," in Pressburg. About 230 

 persons are employed at this factory which turns out chiefly 

 technical rubber goods. 



Prager Gummiwarenfabrik Wysocan of the "Semperit" Oester- 

 reichisch-Amerikanischen Gummiwerke, A. G. Technical rubber 

 goods of all kinds, asbestos, rubber goods and high pressure 

 plates are made here. A subsidiary is the Prager Asbestund 

 Gummiwerke, G. m. b. H., which manufactures packing of all 

 kinds as well as asbestos and rubber goods. 



S'chneck & Kohnberger, Gummiwarenfabrik (limited liability 

 company), have a rubber weaving establishment at Odrau, Silesia, 

 and a cotton .spinning and cotton throwing factory at Josephtal 

 near Bensen. The works employ about 800 persons and besides 

 the above produce technical rubber goods of all kinds, insulation 

 bands, high pressure plates, rubber heels, rubber threads, bandages, 

 garters and su.spenders. 



FOREIGN TARIFFS 

 BRITISH INDIA 



A bill of March 1, revising the custom duties of British India, 

 fixes an import tariff of 11 per cent ad valorem on gums, resins 

 and lac of all sorts, and on rubber tires and other manufactures 

 of rul)ber except pneumatic tires and tubes for motor cars 

 including motor lorries, motorcycles, motor scooters, bicycles 

 and tricycles, on which there is a duty of 20 per cent ad 

 valorem. 



BELGIITM 



On March 31 Belgium passed a bill providing for an import 

 duty of 12 per cent ad valorem on motorcycle, cycle, and other 

 vehicle parts and detached pieces including tires of rubber or 

 rubber combined with other material, whatever be the predom- 

 inating material. 



