358 



THE INDIA RUBBER WORLD 



[July i, 1904. 



tion on the part of European shippers to sell, and very large 

 stocks now exist at Hamburg and elsewhere, which ultimately 

 must come on the market for whatever they will bring — a 

 further element in keeping down prices. The following fig- 

 ures indicate the imports of rubber scrap at New York — the 

 principal port of entry for such goods — for two years past, the 

 decline shown being a very unusual circumstance, since usual- 

 ly each year's imports have been in excess of the preceding 

 year : 



Pounds, 



June, 1902 3»4i8,737 



July 2,878,755 



August 1,395,362 



September 1,508,956 



October .. 1, 475, 016 



November 1,816.436 



December 1,217,461 



January, 1903. .. .. 1,233.155 



February 1,142,032 



March., 1,421,316 



April l,93L473 



May 1,914,662 



Total 21,353,961 



Pounds. 



June, 1903 1,207,089 



July 1,743,341 



August 1,907,896 



September 81 5,067 



October 2,360,129 



November 1,122,497 



December i,333,oSt 



January, 1904 1,131,031 



February 555.385 



March 1,554,429 



April 1 , i S4 901 



May 1. 901 816 



Total. 16,810,662 



NEW YORK STOCK EXCHANGE TRANSACTIONS. 



United States Rubber Co. : 



DATES. 



Weekending May 21 

 Weekending May 27 

 Week ending Jun. 4 

 Week ending Jun. 11 

 Week ending Jun. 18 

 Week ending Jun. 25 



Common. 



Low. 



■5^ 

 16X 

 15% 

 >5« 



16^ 



Preferred. 



Low. 



65 



66^ 



65^ 

 66 

 66 

 66 



Rubber Goods Manufacturing Co. 



THE ALDEN RUBBER CO (BARBERTON, OHIO.) 



The following circular has been issued to the trade, under 

 date of June 13 : 



Dear Sirs: Owing to the fact that Mr. I. C. Alden has filed a peti- 

 tion in bankruptcy, a number of our customers and some of our credit- 

 ors have been inquiring of us what effect this act upon his part would 

 have upon the Alden Rubber Co. 



We therefore respectfully advise that Mr. Alden has not for the past 

 few months been connected with the actual management of The Alden 

 Rubber Co. and this procedure will in no way affect the condition of 

 the said company, nor in any way alter the plans of the management as 

 now contemplated. 



At the last annual meeting of The Alden Rubber Co., Mr. Alden re- 

 tained the title of president of the company, but no duties whatever 

 were attached to this office. The company is a creditor of Mr. Alden 

 to the extent of approximately $3000, but in no other way interested in 

 the bankruptcy proceedings. Very tiuly yours, 



THE ALDEN RUBBER CO. 



The management of the company is in the hands of W. A. 

 Johnston, of Akron, treasurer of the corporation. The India 

 Rubber World is assured that the factory is now actively 

 employed, and the business is as large as at any time in the 

 past. — -Mr. Isaac C. Alden, one of Akron's best known busi- 

 ness men and president of the Alden Rubber Co., filed a peti- 



tion in the United States bankruptcy court at Cleveland, Ohio, 

 on June 8, asking to be declared a bankrupt. At a meeting of 

 Mr. Alden's creditors at Akron, on June 25, Frank B. Burch 

 was elected trustee. The liabilities are reported at $238,126.30 

 and the assets $108,113 9 2 - 



NEW INCORPORATIONS. 



The Alkali Rubber Co. (Akron, Ohio), May 19, 1904, under 

 Ohio laws, to reclaim rubber; authorized capital, $1,000,000. 

 Incorporators: George G. Allen, Frank H. Waters, Joseph W. 

 Hofbeil, Harry Williams, Clara L. Smith. Further details are 

 given on another page of this issue. 



=Watkinson Rubber Shoe Co., June 15, 1904, under New 

 Jersey laws, to manufacture rubber boots and shoes ; author- 

 ized capital, $50,000. Incorporators : George Watkinson, Irv- 

 ing Watkinson, Edwin Robert Walker — all of North Clinton 

 avenue and Mulberry street, Trenton, New Jersey, which is the 

 location of the factory of the Empire Rubber Manufacturing 

 Co. The new company will begin manufacturing in part of the 

 Empire company's plant, to which additions are building for 

 the accommodation of the Watkinson interests. 



= Combination Rubber Manufacturing Co., June 14, 1904. 

 under New Jersey laws ; authorized capital, $150,000. Incorpo- 

 rators : Edward H. Garcin and Harry L. Hepburn, Bloomfield, 

 New Jersey ; Alfred H. Howe, Jersey City. Organized to suc- 

 ceed the Combination Rubber and Belting Co. (Bloomfield). 



= Rose Rubber Co., May 25. 1904, under Maine laws, to make 

 and deal in rubber specialties ; capital, $75,000, in $1 shares, 

 nothing paid in. Directors : George E. Warren, Waltham, 

 Mass.; William H. Mitchell, Melrose, Mass.; L. E. Reed, Bel- 

 mont, Mass.; Horace Mitchell (president), Kittery, Maine; 

 A. M. Meloon (treasurer), Newcastle, N. H. 



= The J. Samuels Co., April 24, 1904, under Connecticut 

 laws, to deal in boots and shoes and rubbers ; capital, $40,000. 

 Directors: Joel Samuels, president and treasurer ; Minnie Sam- 

 uels, vice president; Joseph Krotoshine, secretary ; Samuel E. 

 Samuels, and Louis Samuels. Principal office and store, No. 

 866 Main street, Hartford, Conn. Branches : No. 23 Colony 

 street, Meriden, Conn.; No. 364 Main street, Springfield, Mass. 

 The company succeeds to an established business under the same 

 name. They carry the Wales-Goodyear line of rubbers. 



= The Beacon Falls Rubber Shoe Co. of Boston, June 27, 

 1904, under Massachusetts laws; capital, $50,000. To have 

 charge of the business in Massachusetts of the Beacon Falls 

 Rubber Shoe Co. (Beacon Falls, Conn.), manufacturers of rub- 

 ber footwear. Tracy S. Lewis, president and treasurer. 



TRADE NEWS NOTES. 



The New York Belting and Packing Co., Limited (New 

 York), announce that in arranging their new offices and show- 

 rooms, at Nos. 91-93 Chambers street, they have specially fitted 

 up a room, equipping it with facilities for correspondence, 

 telephone service, etc., for the convenience of their friends, who 

 are cordially invited to make this their headquarters when vis- 

 iting the city. 



=*The Safety Insulated Wire and Cable Co. (New York) have 

 received orders recently from agents of the Japanese govern- 

 ment for a large quantity of rubber insulated wire; from the 

 artillery corps of the United States army for a lot of torpedo 

 cable; and from the Commercial Cable Co. for a land cable to 

 connect Coney Island with No. 20 Broad street, New York. 



= The annual meeting of shareholders of the Consolidated 

 Rubber Tire Co. was held at the registered offices of the com- 

 pany, in Jersey City, New Jersey, on June 2, at which time the 

 board of directors was reelected. The directors then reelected 

 the officers previously in position. 



