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THE INDIA RUBBER WORLD 



[December 1, 1911. 



News of the American Rubber Trade. 



BOSTON WOVEN HOSE AND RUBBER CO. 



The Boston Woven Hose and Rubber Co. have filed with the 

 secretary of state of Massachusetts a statement of their finan- 

 cial condition, as required by the statutes, for their business year 

 ending August 31, 1911, the details of which are reproduced be- 

 low, in comparison with which are given also the figures for the 

 two preceding years : 



ASSETS. 



1909. 1910. 1911. 



Patents $1.00 $1.00 $1.00 



Land and buildings.... 825,435.97 800,000.00 811,919.02 



Machinery and tools... 562,340.97 450,000.00 414.179.78 



Cash 403,168.00 96,428.24 206,317.47 



Accounts receivable.... 468,518.90 553,922.90 469,415.48 



Office furniture 1.00 1.00 1.00 



Merchandise 665,948.96 756,283.51 755,150.55 



Total $2,925,414.80 $2,656,636.65 $2,656,984.30 



LI.\BILITIES. 



1909. 1910. 1911. 



Capital stock, common.. $750,000.00 ^ ,., ri c nmm ti z-yo ziw nr, 



Capital stock, preferred. 750.000.00 p' •5'^'"°^°" $1,529,500.00 



Loans 455,000.00 85,000.00 



Accounts payable 47,789.20 57,902.71 50,622.72 



Accrued wages 8,456.80 1 1,463.26 



Guarantee account 87,270.68) i n?/; q<;i cq 



Surplus 914,168.80 900,000.001 l.U/6,861.58 



Total $2,925,414.80 $2,656,636.65 $2,656,984.30 



The directors of the Boston Woven Hose & Rubber Co. have 

 declared a semi-annual dividend of three dollars ($3.00) per 

 share on the preferred stock and a quarterly dividend of two dol- 

 lars an a half ($2.50) per share on the common stock, payable 

 December 15, 1911, to stockholders of record December 5, 1911. 



STANDARD RUBBER AND CABLE CO. 



At a recent meeting of the stockholders of the Standard 

 Rubber and Cable Co., held at the office of the company in 

 Bridgeport, Connecticut, it was voted to increase the capital 

 stock from $50,000 to $250,000. The following officers were 

 elected : 



President and treasurer — William M. Doucette, 

 Vice-president — Peter A. Thorp, 

 Secretary — Alexander L. DeLaney. 

 It was proposed also to install further machinery and to take 

 up in the near future the manufacture of automobile tires and 

 tubes. The company declared a 5 per cent, dividend on the first 

 year's business at a meeting of its directors held on October 27. 



THE NEW S. M. B. RUBBER CO. 



The S. M. B. Rubber Co. was organized November 22 under 

 the laws of the state of New York, with a capital of $150,000, for 

 the manufacture of rubberized fabrics for the dress shield and 

 raincoat manufacturing trade and also for the manufacture of 

 rubber clothing. The factory will be located in Naugatuck, 

 Connecticut. The officers of the company are as follows : 



President — Arthur C. Squires, who will also act as factory manager. 

 Treasurer and General Sales Manager — T. F. McCarthy. 

 Secretary — Harry Boardman. 



The name of the company, it will be noticed, is made up of the 

 initials of these three officers. Of the $150,000 capital, $50,000 

 was subscribed by citizens of Naugatuck and $100,000 by New 

 York capitalists. The company hopes later to go into the manu- 

 facture of automobile tires. Mr. Squires says that there is a 

 great abundance of business already pledged to the company. 

 The building of the factory will proceed at once, and the officers 

 hope to have it in running order within three months' time. 



THE INTERCONTINENTAL RUBBER CO. INCREASES ITS DIEECT0H8. 



The board of directors of the Intercontinental Rubber Co. has 

 been increased from twelve to fourteen, and William C. Potter, 

 formerly general representative in Mexico of the American Smelt- 

 ing and Refining Company, and William F. Sheehan, have been 

 elected to the directorate. Mr. Potter has also been made presi- 

 dent. He is the first to serve in that capacity, although the com- 

 pany has been organized for several years. 



RUBBER RECLAIMERS' CLUB ELECTS OFFICERS. 



At the annual meeting of the Rubber Reclaimers' Club, held 

 on November 9, at the Hotel Belmont, New York, the following 

 officers were elected for the ensuing year : 

 President — F. H. Appleton, 

 Treasurer — R. W. Seabury, 

 Secretary — J. A. Norman. 

 Incidentally at the meeting a very fine lunch was served and 

 the occasion was greatly enjoyed by those present. 



DIAMOND RUBBER CO. 



On Tuesday, October 27, The Diamond Rubber Co. held its an- 

 nual meeting of stockholders. The regular quarterly dividend 

 of 3% per cent was declared, and in addition an extra dividend 

 of 2Vz per cent. The following board of directors was elected: 

 F. A. Hardy, A. H. Marks, W. B. Miller, A. H. Noah, O. C. Bar- 

 ber, R. C. Lake, Guy E. Norwood. The officers of the board 

 of directors are as follows : F. A. Hardy, president ; A. H. Marks, 

 vice-president and general manager; W. B. Miller, secretary; 

 A. H. Noah, treasurer, and Guy E. Norwood, assistant treasurer. 



AMERICAN CHEMICAL SOCIETY OFFICERS. 



Charles L. Parsons, secretary of the American Chemical So- 

 ciety, has distributed blank ballots to the members of that society 

 for the nomination of candidates for president for the year 1912 

 and also for four councilors to serve for three years beginning 

 January 10, 1912. The present incumbents of these offices are 

 as follows : President, Alexander Smith ; councilors, W. Lash 

 Miller, C. H. Herty, S. W. Parr, W. H. Walker. Of these all 

 are eligible, as no one has served the constitutional limit of two 

 consecutive years, but President Smith insists that he cannot 

 accept a renomination. 



In the division of Chemistry of India Rubber, D. A. Cutler, of 

 the Rubber Goods Manufacturing Co., No. 42 Broadway, New 

 York, is chairman, and Dr. F. J. Maywald, No. 89 Pine street. 

 New York, secretary. 



THE BLUE RIBBON RUBBER CAT. 



The Industrial and Educational Exposition recently held in 

 Boston was not primarily intended for the exploitation of fancy 

 stock, but the Foster Rubber Co. at the conclusion of the expo- 

 sition received from the other exhibitors a blue ribbon bearing 

 the inscription, "Foster Rubber Co. ; Big Black Cat. Award of 

 Merit." This was an unexpected but eminently proper recogni- 

 tion of the large black cat, fully as large as a man, that used to 

 perambulate around the exposition floor every evening, blinking 

 liis huge eyes — that suspiciously resembled electric lights — at the 

 admiring throng. 



This impressive animal gained such celebrity that one of the 

 Boston hotels borrowed him for Hallowe'en night for the pur- 

 pose of having him disport himself in the various banquet rooms 

 that were in use on that occasion. He made a great hit with 

 the Hallowe'eners. 



