98 



THE INDIA RUBBER WORLD 



[December i, 1903. 



ture of waterproofs has been maintained for some time past 

 in Hamburg, Germany. 



RUBBER INDUSTRY IN CONNECTICUT. 



Fifteen rubber factories in Connecticut, large and small, 

 now report to the state bureau of labor statistics, from the 

 latest published annual report of which the following details 

 are compiled, for the two fiscal years (ending November 30) 

 1901 and 1902. It will be seen that a marked increase is to be 

 noted for each item in the list, showing 1902 to have been a 

 busy and profitable year for the industry: 



1901. 



Factories reporting 15 



Average number employes 3754 



Average number days employment .... 285.6 



Amount wages paid $1,766,556.67 



Average yearly earnings $470.58 



Average daily earnings $1.65 



Gross value of products $10,941,714 59 



Percentage labor in cost 16. 1 



There is no means of determining just which factories have 

 contributed the above information. In connection with the 

 table it may be of interest to note that the last United States 

 census (for the year ended June 30, 1900) reported 27 rubber 

 factories in Connecticut ; average number of persons employed, 

 7423 ; total wages for the year, $31122, 185 ; average yearly earn- 

 ings of employes, $420.61 ; gross value of products, $20,245,278. 



BOSTON WOVEN HOSE AND RUBBER CO. 

 The following financial statement has been filed with the 

 commissioner of corporations of Massachusetts, dated Septem- 

 ber 1, 1903 : 



1902. 

 15 



4374 

 296.8 



$2,374,290.19 



$5i7«o 



$1.74 



$15,955,280.82 



13 6 



ASSETS. 



Real estate $ 185,500 



Machinery 264.499 



Merchandise 483,751 



Cash and debts receiv- 

 able 663,764 



Patent rights 1 



LIABILITIES. 



Capital $1,200,000 



Accounts payable 291,500 



Surplus 34.465 



Profit and Loss surplus. "1,550 



Total $1,597,515 



Total $',597,515 



The merchandise inventory shows an increase over last year 

 of $3,422 and the cash and receivables an increase of $137,684. 

 The patent rights account has been reduced from $10,000, and 

 the real estate and machinery accounts figure at $115,301 less 

 than last year. 



RAINPROOF COATS IN CANADA. 



" Never in the history of the clothing trade in Canada," says 

 the Montreal Clothier and Haberdasher, " was there such a vol- 

 ume of trade done in rainproof garments for men as this fall." 

 It is pointed out that, while the trade became less active with 

 the beginning of winter, Montreal manufacturers are making 

 preparations for a big business for next spring, their represen- 

 tatives already submitting a great variety of clothes to the re- 

 tail trade. At the same time conditions in the mackintosh 

 trade are reported good. 



NEW CATALOGUE OF MARINE MACHINERY. 

 The Marine Iron Works (Station A, Chicago, Illinois) have 

 just issued a new illustrated catalogue of their product, that 

 will be sent free on request. This company makes an exclusive 

 specialty of designing and building modern marine machinery 

 (steam only) suitable for vessels ranging from 30 to 160 feet in 

 length, and within their range of sizes the line is very complete, 

 covering paddle wheel as well as screw propeller machinery, 

 condensing or non condensing, for either salt or fresh water, as 

 may be required. The large line of marine boilers which they 

 build includes the Roberts Safety Water Tube, as also the bet- 

 ter class of shell marine boilers, and for either hard coal, soft 

 coal or wood fuel as desired. Their new catalogue illustrates 



and mentions 35 different sizes and types of screw propeller en- 

 gines and 36 different paddle wheel engines, all of modern type. 

 Fifty different sizes and types of marine boileis are listed. 



FISK RUBBER CO. (CHICOPEE FALLS, MASS.). 

 The assignee, A. N. Mayo, has made a statement of the con- 

 dition of this company on October 15, showing assets of $232,- 

 587.09 and liabilities of $237,480.96. At last accounts nearly 

 all the creditors had assented to the assignment, and the opin- 

 ion is expressed that it will be possible, in view of the pros- 

 pects of the company's business, to pay the claims in full. 



NEW YORK STOCK EXCHANGE TRANSACTIONS. 

 United States Rubber Co. : 



RANGE FOR TWO YEARS. 



Common. Preferred. 



1902 High 19% Low 14 High 64 Low 49% 



1903 *9K 7 



Rubber Goods Manufacturing Co. : 



58 



30H 



RANGE FOR TWO YEARS. 

 Common. 



1902 High 25^ Low jy'X 



1903 3° I2 



Preferred. 

 High 74 Low 63 

 84^2 6o 



RUBBER GOODS MANUFACTURING CO. 



At a meeting of the directors held in New York on Novem- 

 ber 25, the nineteenth regular quarterly dividend of 1% per 

 cent, on the preferred shares of the company was declared, pay- 

 able out of current earnings, on December 15, to holders of 

 record of December 5, 1903. Checks will be mailed to register- 

 ed addresses. 



A NEW RUBBER PROOFING PLANT. 



The Mercury Rubber Co., the incorporation of which was 

 reported in the last India Rubber World, announce that 

 they have fitted up a plant at Elizabeth, New Jersey, for proof- 

 ing cloth and the manufacture of rubber specialties, such 

 as hoofs, soles, hoof pads, and mold work generally. The 

 premises are those occupied some years ago by the late Pacific 

 Rubber Co. The factory is in charge of Charles F. Hart, who 

 has had long experience in the trade. The office of the com- 

 pany is at No. 35 Warren street, New York. I. Markowitz is 

 president of the company and Mr. Hart secretary. 



NEW INCORPORATIONS. 



Royal Rubber Works Co., Inc. (Hartford, Connecticut), 

 November 2, 1903, under Connecticut laws; capital, $4000. 

 Thomas P. Govan, president; Joseph A. Holstein, manager. 

 Wholesale jobbers in rubber goods of all kinds, with hospital 

 supplies a specialty. 



=The Western Rubber Co. ( Denver, Colorado), September 1 5, 

 1903, under Colorado laws ; capital, $50,000. Frank R. Marsh, 

 president ; Frank G. Peck (mine owner), vice president ; Myron 



