234 



THE INDIA RUBBER WORLD 



[January 1, 1920. 



News of the American Rubber Trade. 



DIVIDENDS. 



THE .'\merican Chicle Co., New York City, has declared its 

 quarterly dividend of one and one-half per cent, payable 

 January 2, 1920, on preferred stock of record December 

 20. 1919. 



Ames Holden McCready, Limited, Montreal, Quebec, has de- 

 clared its quarterly dividend of one and three-quarters per cent, 

 payable January 2, 1920, on preferred stock of record December 



19, 1919. 



The American Zinc, Lead & Smelting Co., St. Louis, Missouri, 

 and Boston, Massachusetts, has declared its quarterly dividend 

 of $1 per share, payable February 2 on preferred stock of record 

 January 23, 1920. 



The Apsley Rubber Co., Hudson, Massachusetts, has declared 

 its semi-annual dividend of three and one-half per cent, payable 

 January 1, 1920, on preferred stock of record December 31, 1919. 

 The Brunswick-Balke-Collender Co., Chicago, Illinois, has de- 

 clared its quarterly dividend of one and three-quarters per cent, 

 payable January 1, 1920, on preferred stock of record December 



20, 1919. 



The Canadian Westinghouse Co., Limited, Hamilton, Ontario, 

 tias declared a quarterly dividend of one and three-quarters per 

 cent and an extra dividend of one per cent, both payable January 

 L 1920, on stock of record December 19, 1919. 



The Com Products Refining Co., New York City, has declared 

 an initial regular quarterly dividend of one per cent and an extra 

 dividend of one-half of one per cent on common stock; also, a 

 regular quarterly dividend of one and three-quarters per cent on 

 preferred stock; all payable January 20 on stock of record Janu- 

 ary 5, 1920. 



The Driver-Harris Co., Harrison, New Jersey, has declared 

 quarterly dividends of two per cent on common stock, and of one 

 and three-quarters per cent on preferred stock, both payable Jan- 

 uary' 2, 1920, on stock of record December 22, 1919. 



E. L du Pont de Nemours & Co. (incorporated), Wilmington, 

 Delaware, has declared a quarterly dividend of one and one-half 

 per cent on debenture stock of record January 10, payable Janu- 

 ary 26, 1920. 



The Firestone Tire & Rubber Co., Akron, Ohio, has declared 

 the following dividends: two per cent special, payable December 

 20 on stock of record December IS, 1919; one and one-half per 

 cent quarterly, payable January 15 on six per cent preferred stock 

 of record January 1, 1920; and one and three-quarters per cent 

 quarterly, payable February IS on seven per cent preferred stock 

 of record February 5, 1920. 



The First National Bank, Boston, Massachusetts, has declared 

 the following dividends : quarterly, at five and four per cent on 

 stock of record December 31 and December 24, 1919, respectively, 

 both payable in January, 1920; extra, one per cent, payable Jan- 

 uary 2, 1920, on stock of record December 24, 1919. 



The General Tire & Rubber Co., Akron, Ohio, has declared 

 quarterly dividends of one and three-quarters per cent, payable 

 January 2, 1920, on common and preferred stock, respectively, 

 of record December 20, 1919. 



The B. F. Goodrich Co.. Akron, Ohio, has declared a quarterly 

 dividend of $1 per share, payable February 16 on stock of record 

 February S, 1920. 



The Hodgman Rubber Co., Tuckahoe, New York, has declared 

 a dividend of $1.13 on preferred stock of record January 15, 

 payable February 1, 1920. 



The Keystone Tire & Rubber Co., Inc., New York City, has 

 declared a quarterly dividend of three per cent on stock of 

 retord December IS, 1919, payable January 2, 1920. 



The McLean Tire & Rubber Co., East Liverpool, Ohio, has 

 declared dividends of four and one-half and three and one-half 

 per cent, respectively, on common and preferred stock, payable 

 December 30 on stock of record December 20, 1919. 



The Madison Tire & Rubber Co., Buffalo, New York, has de- 

 clared its initial quarterly dividend of two per cent, payable Janu- 

 ary 2, 1920, on preferred stock of record December 24, 1919. 



The Mt. Vernon-Woodbury Mills, Inc., Baltimore, Maryland, 

 has declared its semi-annual dividend of three and one-half per 

 cent on preferred stock of record December 21, 1919, payable 

 January 15, 1920, 



The National Aniline & Chemical Co., New York City, has de- 

 clared its quarterly dividend of one and three-quarters per cent 

 on preferred stock of record December IS, 1919, payable January 

 1, 1920. 



The Portage Rubber Co., Akron, Ohio, has declared its quar- 

 terly dividend of one and three-quarters per cent on preferred 

 stock of record December 20, 1919, payable January 1, 1920. 



The Tropical Tire & Rubber Co., 51 Leonard street. New York 

 City, has declared its semi-annual dividend of four per cent on 

 Class A stock of record December 10, 1919, payable January 2, 

 1920. 



The United Shoe Machinery Corp., Boston, Massachusetts, has 

 declared the following dividends : one and one-half per cent on 

 preferred stock and fifty cents per share on common stock, both 

 payable January 5, 1920, on stock of record December 16, 1919. 



The Westinghouse & Electric Manufacturing Co., East Pitts- 

 burgh, Pennsylvania, has declared the following quarterly divi- 

 dends : two per cent on common stock of record January 2, pay- 

 able January 31 ; one per cent on preferred stock of record Janu- 

 ary 2, payable January IS, 1920. 



The Winnsboro Mills, Winnsboro, South Carolina, have de- 

 clared a quarterly dividend of one and three-quarters per cent 

 on preferred stock of record December 24, payable January 1, 

 1920. 



FINANCIAL NOTES. 



The Boston Belting Co. has asked permission to increase its 

 authorized capital stock from 10,000 to 15,300 shares. The new 

 capital will consist of 10,300 preferred shares of $50 par, and 

 5,000 common shares of $100 par. Preferred dividends will be 

 cumulative at 7 per cent. 



Thomas Clements, comptroller of the Firestone Tire & Rub- 

 ber Co., has announced the purpose of the Firestone company 

 to build a million-dollar plant in Singapore for the preparation 

 of crude rubber for manufacture into tires. 



The business of the Firestone Tire & Rubber Co. for the year 

 ended October 31, totaled $91,078,513, an increase of 20 per cent 

 over that of the previous year. The company is behind on its 

 orders and there is every reason to expect continued growth 

 and prosperity during 1920. 



Common no-par stock of the Victor Rubber Co., Springfield, 

 Ohio, recently offered to the public in Cleveland, was rapidly 

 taken at $35 per share. Of the 50,000 shares of this stock au- 

 thorized to be issued, only 35,000 are at present being offered. 



It will be noted in the following statement that the Perfection 

 Tire & Rubber Co. has no bonded mortgage or preferred stock 

 indebtedness and that the fixed and liquid assets have shown an 

 increase in the first five months of this year of $1,522,512.62. 

 Regarding income, profit and loss for the first five months of 

 this year, a comparison of the figures shows very substantial 



