360 



THE INDIA RUBBER WORLD 



[July 



1904. 



= The rubber store of Robert Josselyn, No 24 School street, 

 Boston — known as the " Goodyear Rubber House " — was dam- 

 aged by fire on June 27, to the extent of $5000. 



= The regular quarterly dividend of 2 per cent, of the Hood 

 Rubber Co. was payable June 13. 



PERSONAL MENTION. 



Prince Po Lun, the heir apparent to the Chinese throne, on 

 his recent tour of the United States, as Chinese commissioner 

 to the St. Louis exposition, visited the factory of the Indian- 

 apolis Rubber Co., the first rubber goods factory he had ever 

 seen. 



= The employes of the Boston Rubber Shoe Co., after the 

 death of the Hon. Elisha S. Converse, raised about $100 in each 

 of the two factories, no contribution exceeding 10 cents, with 

 the idea of buying flowers for the funeral. This idea was 

 dropped, however, with a view to using the funds for the erec- 

 tion at each factory of a bronze memorial tablet commemorat- 

 ing the leading events of Mr. Converse's life. 



= It having been generally reported that Mr. Charles R. 

 Flint, of New York, had purchased two warships from Chile, 

 the Chilean minister at Washington, on June 1, stated that the 

 arrangements for the sale had been suspended because Mr. 

 Flint's agent would not tell what country the ships were to be 

 turned over to, and Chile was unwilling to violate her neutral- 

 ity declaration by having them go to either Russia or Japan. 



=Mr. H. D. Warren, president and treasurer of The Gutta 

 Percha and Rubber Manufacturing Co. of Toronto, Limited, is 

 at present in Europe, with his family. 



=Joseph S. Stout, of the firm of Stout & Co., bankers and 

 brokers of New York, died June 28, in bis fifty-eighth year. 

 He was connected with a number of important businesses and 

 institutions, including the Hodgman Rubber Co. (New York), 

 of which he was a director and the treasurer. 



= Elliot Burris, who died at his home in Morristown, New 

 Jersey, on May 27, in his fifty-sixth year, was at one time ac- 

 tively interested in the rubber tire trade, after which he man- 

 aged the Humber bicycle plant at Westboro, Massachusetts. 

 During his later years he was a stock broker, with offices in 

 New York. 



= Charles S. Mersick, president of the Merchants' National 

 Bank of New Haven, Connecticut, who died on June 24, was 

 also the head of the hardware firm of C. S. Mersick & Co., of 

 the same city, with branches in other cities, and sole New Eng- 

 land agents for The B. F. Goodrich Co., rubber manufacturers, 

 of Akron, Ohio. 



=It will be learned with regret that Mr. Thomas Rowland 

 Western, cashier of the Manufacturers' Advertising Bureau, 

 (New York), of which Benjamin R. Western, his father, is the 

 proprietor, died suddenly on Sunday, May 22 after an illness of 

 only a few days. Mr. Western was of a genial and accommo- 

 dating disposition and will be missed by many friends. 



= Rollin A. Edwards, manager of the rubber department of 

 Haynes, Sparrell & Co., boot and shoe jobbers of Boston, died 

 on June 4. in his fifty-fifth year. 



AMERICAN CHICLE CO. 

 The annual meeting of shareholders will be held at the com- 

 pany's registered office in New Jersey — No. 15 Exchange place, 

 Jersey City — at 12 m., July 19. The company continue the pay- 

 ment of quarterly dividends of 1 '< per cent, on the preferred 

 shares and monthly dividends of 1 per cent, on the common 

 shares. 



SPORTS OF RUBBER WORKERS. 



A largely attended baseball game was played at Akron. 

 Ohio, on June 1 1, between the teams of The B. F. Goodrich Co 

 and Republic Rubber Co. factories, the latter from Youngstown. 

 Ten innings were played, with a score of 2 to 1 in favor of the 

 Goodrich nine. The Goodrich team played the Akron Retail 

 Clerks team at Akron on June 14, winning by a score of 6 to 4. 



The Goodyear (Gold Seal) baseball team of the Goodyear 

 Rubber Co. (New York) defeated the team of the Goodyear's 

 India Rubber Glove Manufacturing Co. at Greenville, New 

 Jersey, on June 13 ; score, 18 to 11. The Goodyear (Gold Seal) 

 team would like to arrange games with any rubber company's 

 team within 25 miles of New York. Address A. J. Reisner, 

 No. 787 Broadway. New York. 



The annual picnic of the Goodyear Tire and Rubber Co.'s 

 employes occurred at Akron on June 16. 



REVIEW OF THE CRUDE RUBBER MARKET. 



DURING the first part of the month just closed the mar- 

 ket was inactive and all grades experienced a decline 

 in price. More recently, however, the market has 

 shown greater firmness, with a tendency to an advance 

 in prices, so that in the case of Para grades our quotations at 

 this date are almost on a par with those published in our last 

 issue. 



Doubtless one element in the situation has been the near ap- 

 proach of stock taking season which, in so many rubber fac- 

 tories, occurs about July 1, and just prior to which many manu- 

 facturers buy as sparingly as possible. It appears, however, 

 that not even the disinclination of buyers has been sufficient, 

 in view of the small stocks in all markets, to induce holders to 

 make liberal concessions to buyers. Toward the end of the 

 month reports were received from Amazon markets of greater 

 firmness and higher prices. 



It now appears that the Para crop here ended with an out- 

 put of something less than 1000 tons in excess of last year's 

 figures, and only a little more than the highest output of any 

 year in the past. The figures which follow relate to all rubber 

 arrivals at Para, including Caucho: 



From July i, 1903 — 1900-01. 1901-02. 1902-03. 1903-04. 



To December 31 tons 11,300 13,630 12,250 13,470 



To May 31 26,300 2S.750 2S.090 29,080 



To June 30 27,600 30,000 29,850 030,470 



[a— To June 28, 1904.] 



Receipts at Para must now be comparatively small for two 

 three months, at least. 



The details of the latest Antwerp sale, given in another 

 column, would suggest a declining market for Congo rubbers 

 to a greater extent than, in the view of American experts, has 

 been the case. That is to say, while many lots of lower grade 

 rubbers offered at this sale sold materially lower than brokers' 

 valuations, the rubbers were over valued, so that really good 

 prices were paid. Some of the better grade lots sold for more 

 than the valuation. 



Following is a statement of prices of Para grades, one year 

 ago, one month ago, and on June 30— the current date : 



PARA. July 1, '03. June I, '04. June 30. 



Islands, fine, new 88@89 109(8110 108(8109 



Islands, fine, old 92@93 @ 109(0110 



Upriver, fine, new 93@94 H3@ii4 II2@II3 



Upriver, fine, old q8@99 114(8115 113(8114 



Islands, coarse, new 56@57 64® 65 63® 64 



