October i, 1903] 



THE INDIA RUBBER WORLD 



25 



NEWS OF THE AMERICAN RUBBER TRADE. 



ADVANCE IN RUBBER TIRE PRICES. 



SEVERAL leading rubber tire manufacturers have with- 

 drawn all prices, in consequence of the increasing cost of 

 raw materials, in harmony with an agreement reached at 

 the recent meeting in New York city, at which nine fac- 

 tories are understood to have been represented. The subject 

 is treated at further length in the Akron correspondence which 

 appears in this issue. 



RUBBER GOODS MANUFACTURING CO. 



The equipment of the factory of The India Rubber Co., at 

 New Brunswick, New Jersey, has progressed steadily since our 

 last report, and it is now practically ready for operation. The 

 product of the company will consist largely of tires, as was true 

 of the factory operated under the same name at Akron, Ohio, 

 burned last March, and orders are now being taken. The or- 

 ganization of the company has been completed by the election 

 of J. C. Wilson, president ; Charles A. Hunter, vice president ; 

 and W. L. Wild, secretary and treasurer. Mr. Wilson for some 

 time past has been manager of the rubber tire factories of the 

 Rubber Goods Manufacturing Co. under the presidency of 

 Lewis D. Parker. Mr. Hunter, of the Peerless company, is 

 vice president of a number of the companies in the combina- 

 tion. Mr. Wild was secretary of The India Rubber Co. at 

 Akron. 



In addition to the other offices held by him, Mr. Hunter has 

 been chosen vice president of the Mechanical Rubber Co. and 

 the New York Belting and Packing Co., Limited, instead of 

 Talbot J. Taylor. Also, as vice president of the Hartford Rub- 

 ber Works Co., instead of F. H. Turner, who, for some time 

 past, had held the two positions of vice president and treasurer. 



At the annual election of Morgan & Wright, Incorporated 

 (Chicago), in October, it is understood that Charles J. Butler 

 will be chosen president. 



BOSTON WOVEN HOSE AND RUBBER CO. 

 Eighteen electric motors aTe being installed at the factory, 

 having an aggregate of 615 hp. These will be placed in the 

 most favorable positions and connected direct with the various 

 lines of shafting.=During the month the company's head- 

 quarters, at Cambridge, have been visited by Mr. J. V. Selby, 

 manager of their Pacific coast branch (San Francisco), and Mr. 

 W. O. Franklin, who covers the southern part of that territory 

 and Mexico. 



THE NEW CABLE TO ALASKA. 



A submarine cable is about to be laid between the United 

 States (at Seattle, Washington state) to Sitka, Alaska. There 

 will be a branch from the station at Baronoff to Juneau, 

 Alaska, to connect with the line laid a few years ago between 

 Juneau and Skagway. The cable will be laid by the govern- 

 ment, through the agency of the Signal Service. From that 

 office the information is gained that the length of cable ordered 

 is as follows : 



Shore end 10 miles. 



Intermediate 409 ' ' 



Deep sea 940 ' ' 



Total 1359 " 



In the manufacture of the cable a few feet more than the 

 mileage here shown has been supplied of each type, but for 

 convenience sake the fraction is not shown. This will be the 



longest cable yet manufactured in America. It has been turned 

 out, at the rate of 20 miles a day, by The Safety Insulated Wire 

 and Rubber Co. (New York). The insulation is of Para rubber, 

 applied by the seamless process of the company referred to. It 

 is expected that cable communication with Seattle will be es- 

 tablished by the end of November. 



CONVERSE MEMORIAL DAY. 

 On Friday, September 4, occurred the sixtieth anniversary of 

 the marriage of Elisha Slade Converse and Mary Diana Ed- 

 munds, who, since 1850, have made their home at Maiden, 

 Massachusetts. In 1853 Mr. Converse became treasurer of the 

 Boston Rubber Shoe Co., in 1856 president of the Maiden 

 Bank, and in 1882, the first mayor of Maiden. During this 

 long period the family has been identified in very many ways 

 with the business and social life of Maiden, and the celebration 

 of the golden wedding of Mr. and Mrs. Converse, ten years ago, 

 was participated in by so many persons as to make it a notable 

 event in the history of the city. This year, instead of another 

 extensive celebration, the family decided to defray the expenses 

 of the excursion on September 4 of the Boston Floating Hos- 

 pital — an important and long established charity. The date 

 mentioned was, therefore, designated as " Converse Memorial 

 Day." The management of the hospital sent Mrs. Converse 

 sixty beautiful white asters, in remembrance of theanniversary. 

 ■ A recent day on the hospital program was known as 

 " Marion Day," on account of the expenses of the excursion on 

 that date being provided by an entertainment given at " The 

 Moorings," the Summer residence, at Marion, Massachusetts, 

 of Colonel Harry E. Converse. 



NEW YORK STOCK EXCHANGE TRANSACTIONS. 

 United States Rubber Co. : 



RANGE FOR TWO YEARS. 



Common*. Preferred. 



High 19^ Low 14 High 64 Low 49^ 



• 19^ 7 58 30M 



Rubber Goods Manufacturing Co. : 



1902. 

 1903 



RANGE FOR TWO YEARS. 



Common. Preferred. 



1902 High 25J.S Low 17^ High 74 Low 63 



1903 30 12 84}^ 60 



CONCORD RUBBER FACTORY FOR SALE. 

 The plant occupied for several years past by the Concord 

 Rubber Co., at Concord Junction, Massachusetts, and up to 

 May i last, when the company ceased operations, is now adver- 



