May 1, 1920] 



THE INDIA RUBBER WORLD 



News of the American Rubber Industry. 



Tu .^ n . • u '''^''^"^ ^°'^ft 'i'li'^ Globe Rubber Tire Manufacturing Co., Trenton, New 



HE B. K Goodrich Lo. has issued $30,000,000 in four-year jersey, declared its regular quarterly dividend of one and 



seven per cent convertible gold notes, due April 1, 1925, one-half per cent and a stock dividend of ten per cent, both 



that at 98;4 and accrued interest will yield more than 7.40 payable April 1 1920 



pel oeut. These notes carry detachable warrants giving holders ^he B. F. Goodrich Co., Akron, Ohio, has declared its 



a call on common stock at $80 a share. ,,g„,3, quarterly dividend of $1.50 per share, payable August 



The Fisk Rubber Co. for the year ended Dec. 31, 1919. shows 16 on common stock of record August 5, 1920. 



surplus after federal taxes of $3,994,657, equivalent after pre- The Goudey Gum Co., Boston, Massachusetts, declared a 



terred dividends to $5.99 a share ($25 par) against $2,506,853 or ,|uarterly dividend of $2 per share, payable April 1 on pre- 



$19.50 ($100 par) earned on $8,000,000 common stock in 1918. terred stock of record March 27, 1920. 



Net sales in 1919 were $43,613,975.^ Income account compares: The Hood Rubber Co., Watertown, Massachusetts, has 



Net profits $4,956,685 $3,760,279 $3,578,484 declared its regular quarterly dividend of one and three- 



■^-B^fair ".;;:;.■; :;:::; ;:::.; 3,9l4;657 Ifolilt JtlfsH ^"="-'"^ p" «"'- p^y---'''^ May i on preferred stock of 



Preferred dividends 1,055,489 946,750 972,850 record April 21, 1920. 



Deduction '835,049 *589,659 475,685 „, ,- ,, „ . ,, , , ,^. ,, ,, ,, . ^ 



Surplus 2,104,118 970,444 1,580,037 i he Kelly-Springfield fire Co., New York City, has de- 



•Retirement preferred stock. clared the following dividends: quarterly, cash $1 per share 



Stockholders of the Hood Rubber Co. voted to increase the ^"'^ 'I""}' 'l^""" P" ""'' P=»>'^'''^ M=^>' ^ °" common stock of 



authorized common stock of the company from $3,500,000 (of ''"^"^ -"^P"' ^^' ^"arterly, $2 per share, payable May 15 on 



which $3,000,000 is outstanding) to $5,500,000. The $2,000,000 ''^^^ P" ""' preferred stock of record May 1, 1920. 



additional stock will be distributed as a stock dividend, to com- "^''^ McGraw Tire & Rubber Co., Cleveland and East 



mon stockholders of record April 10, in proportion of two new Palestine, Ohio, has declared its regular quarterly dividend 



shares for every three shares now owned. °J """^ ^"^ three-quarters per cent on outstanding preferred 



The Miller Rubber Co.'s sales for March, 1920, totalled $3,600,- "'"^i ' , r^ x.u -.x, , r- c- r, • 



/vv\ J- » I. I _,. 1- ^ I 1 r inirv The Mouatiquot Rubber Works Co., South Bramtree, 



OOO, according to the company s report. Total sales for 1919 were ,, i . , j , ,..,,,.„,.,, 



«-5/;.<7<oii • c I »iinnnnnn ^u • Massachusetts, declared a quarterly dividend of $l./5 per 



$26,476,211, an increase of nearly $11,000,0(X) over the previous , t,i v •, i r i , r , ^, , 



A. »u . . .1 I . . 1 r imr> -u u s-cnnnr, share, payable April 1 on preferred stock of record March 



year. At the present rate the sales total for 1920 will be $50,000,- ^3 1920 



000. Capitalization of the company was recently increased to ^-. ,'r . , t- <, t, •. ^ ■ »r ,r , ^• 



$60,000,000 to care for an oversold condition. , ^^^ Mutual Tire & Rubber Corporation, New York City, 



declared an initial dividend of one per cent, payable .\pril 



DIVIDENDS ^^ °'^ stock of record March 27, 1920. 



The American Zinc, Lead & Smelting Co., St. Louis, Mis- The Standard Tire Co., Willoughby, Ohio, recently de- 



souri, and New York City, has declared a dividend of $1.50 clared initial quarterly dividends of one and three-quarters 



per share, payable May 1 on preferred stock of record April Per cent on preferred stock and of one and one-half per cent 



IS, 1920. °" common stock payable .April 1 on stock of record March 



The Ames Holden McCready System, Montreal, Quebec. -5, 1920. 



declared a quarterly dividend of one and three-quarters per The Sterhng Tire Corporation, Rutherford, New Jersey, 



cent, payable April 2 on preferred stock of record March lias declared the following dividends: one per cent annual 



19, 1920. "" common stock, eight per cent on eight per cent preferred 



The Canadian-Connecticut Cotton Mills. Limited. New *tock, series B, and one and three-quarters per cent quarterly 



York City and Sherbrooke, Quebec, Canada, recently de- °" ^'c^en per cent preferred stock, all payable April 15 on 



clared a two per cent quarterly dividend, payable April 1 on stock of record April 1. 1920. 



preferred stock of record March 20, 1920. The Tyer Rubber Co.. Andover, Massachusetts, has de- 



The Canadian General Electric Co., Limited, Toronto, clared its regular quarterly dividend of $1.50 per share, pay- 

 Ontario, declared the following dividends: two per cent able May IS, 1920, on preferred stock. 



quarterly on common stock, two per cent extra, and three The United States Rubber Co., New York City, has de- 



and one-half per cent semi-annual on preferred stock, all clared quarterly dividends of two per cent on both com- 



payable April 1 on stock of record March 13. 1920. "ion and preferred stock, payable April 30 on stock of record 



The Corn Products Refining Co., New York City, declared -^P"! IS, 1920. 



the following dividends: one per cent quarterly and one-half The Winnsboro Mills, Winnsboro, South Carolina, de- 



of one per cent extra, both on common stock, and one and clared a quarterly dividend of two per cent, payable April 



three-quarters per cent quarterly on preferred stock, all 1 o" stock of record March 26, 1920. 



payable April 20 on stock of record April S, 1920. The Westinghouse Electric & Manufacturing Co., East 



The Dayton Rubber Manufacturing Co., Dayton, Ohio, Pittsburgh, Pennsylvania, declared quarterly dividends of 



declared a quarterly dividend of $1.75 per share, payable t«o per cent on its common and preferred stock, payable 



April 1 on preferred stock of record March 20, 1920. ^P^il 30 and April IS. respectively, on stock of record April 



E. L du Pont de Nemours & Co. (incorporated), Wilming- 2, 1920. 

 ton, Delaware, declared a quarterly dividend of r)ne and 



one-half per cent, payable April 26 on stock of record April LIBERTY BONDS A BETTER INVESTMENT THAN EVER. 



10, 1920. Thrifty rubber workers are finding the present favorable 



The First National Bank, Boston, Massachusetts, declared market prices of Liberty Bonds a very profitable investment 



a quarterly dividend of four per cent and an extra dividend for their savings, and some of the large rubber companies are 



of one per cent, both payable .April 1 on stock of record encouraging and assisting their operatives in the purchase of 



March 24. these securities. Owing to the great demand for $50 and $100 



