110 



THE INDIA RUBBER WORLD 



[January i, 1908. 



for 1905 amounted to 15 per cent, and for 1906 to 5 per cent. — 

 a total for the three years of 1,680,000 marks [^^$399,840], be- 

 sides which substantial reserve funds have been created. The 

 assets of the company at the end of 1906 amounted to 9,456,689 

 marks [=$2,250,692]. 



Of the illustrations on an accompanying page the one upper- 

 most gives a general view of the company's works, at Norden- 

 ham on the Weser, with their cable steamers Siephan (on the 

 left) and Grossherzog von Oldenberg seen from the river. The 

 view below is a front view of the factory and (on the left) the 

 workmen's dwellings. The company's board to-day embraces 

 Max von Guilleaume and Dr. Emil Guilleaume, both of Felten 

 & Guilleaume, and Franz Clouth, the Cologne rubber manu- 

 facturer. 



RUBBER INTERESTS IN EUROPE. 



DUNLOP MANUTACTURING PROFITS. 



THE accounts of the Dunlop Rubber Co., Limited for the 

 twelve months ended August 31, 1907, show net profits of 

 £300,058 [==$1,460,232.26], W'hich enabled the management to 

 declare a dividend of 100 per cent. The Dunlop Rubber Co. is 

 a subsidiary company of the Dunlop Pneumatic Tyre Co., 

 Limited, and may be described as constituting the manufacturing 

 division of the latter. Its capital is £220,000 [=$1,070,630], in 

 £1 shares, of which 181,181 are held by the Dunlop Pneumatic 

 Tyre Co. The remaining 38,119 shares, not issued until last 

 March, are held by individual shareholders in the Pneumatic 

 Tyre company. It is stated that the total investment to date 

 by the tire company in the manufacturing company has been 

 £225,437, while the dividends have amounted to £586,881, or 

 more than twice the amount of the investment. The market 

 value of the 181,181 shares now held by the tire company was 

 stated recently at about £1,273,167. The Dunlop Rubber Co. 

 was operated for the first year at a loss of £724 15.1. yd., since 

 which time the yearly profits have been : 



In 1901 £14,097 In 1904 £157,517 



In 1902 54.854 I" 1905 144497 



In 1903 88,823 In 1906 209,969 



The Dunlop Pneumatic Tyre Co., Limited, originally was a 

 tire selling concern, based upon a patent monopoly. Foreseeing 

 that the expiration of the patent would leave them with no 

 substantial foundation, the directors in time adopted the policy 

 of reserving a part of the annual profits for building up a busi- 

 ness as rubber manufacturers, which might hope to continue 

 without reference to the tire patents. How successful the new 

 enterprise has been is shown in the business report summarized 

 above. The sources of income of the Dunlop Pneumatic Tyre 

 Co. to-day, apart from the profits as a tire selling concern, are 

 derived also from the manufacturing as carried on in England 

 and also in France and Germany. 



GREAT BRITAIN. 



The steamer Mauretaiiia, the latest addition to the Cunard 

 line, was fitted with rubber tiling by the India-Rubber, Gutta- 

 percha and Telegraph Works Co., Limited, of Silvertown. 



George Spencer & Co., Limited (lately Spencer, Moulton & 

 Co.), whose factory at Bradford-on-Avon is among the oldest 

 rubber works in England, being identified particularly with the 

 manufacture of railway supplies, have taken on the production 

 of high grade automobile tires. 



The Scott Non Skid and Tyre Co., Limited, was registered in 

 London November 6, 1907, with £4000 capital, to adopt an agree- 

 ment with H. J. Scott, and manufacture non skid appliances 

 for tires of motor cars. 



The Whitfield Automatic Tyre Inflator Co., Limited, was 

 registered in London, November 4, 1907, with £5000 capital, to 

 acquire all rights in the United Kingdom and elsewhere for 

 the Whitfield automatic tire inflator. 



Claudius Ash, Sons & Co. (1905), Limited, paid on December 



I an intt^rim dividend at the rate of 6 per cent, per year on 

 the ordinary shares, for the half year ending June 30 last. 



At the recent Olympia Automobile Show, in London, the num- 

 ber of Dunlop tires fitted to cars on exhibition w-as 1205, in a 

 total of 2181 tires on all the cars. 



Howison & Co., Limited, was registered in London, Novem- 

 ber 26, with £5,000 [=$24,332.50] capital, to acquire the business 

 carried on by R. M. Howison, at 26, City road, E. C, as Howi- 

 son & Co., dealers in tires and accessories and other rubber 

 goods. Mr. Howison was in the American rubber trade some 

 years ago, first in Boston and later at Hartford. 



Universal Motor and Tyre Co., Limited, was registered in Lon- 

 don November 26, with £5.000 [$24,332.50] capital, to carry 

 on the business of tire making and repairing. 



The Waverley Rubber Works Co., Limited, having a water- 

 proofing factory at Murrayfield, Edinburgh, have decided to go 

 into voluntary liquidation. The company began business as the 

 Waverley Rubber Co., in 1889, being founded by Mr. J. G. Laird, 

 who has been identified with the business to this time. 



GERMANY. 



A COMPANY has been registered at Hamburg under the style 

 Prowodnik Import Gesellschaft m. b. H., to deal in the products 

 of the Russian-French Rubber Works "Prowodnik," of Riga, 

 Russia. The capital stated is 100,000 marks, and Hermann Carl 

 Sornsen is in control. 



The betrothal is announced of Dr. Fredrich A. Traun, of Dr. 

 Heinrich A. Traun u. Sohne, hard rubber manufacturers of Ham- 

 burg and Harburg, Germany, and Fraulein Friedel Preetorius, 

 daughter of Kommerzienrats Wilhelm Preetorius and wife, of 

 Mainz. 



ITALY. 



In a reference to the Italian rubber factory of Pirelli & Co., 

 at Milan, in The India Rubber World November i. 1907 (page 

 38), Doctor Alberto Pirelli, a son of the founder and head of 

 the business, was mentioned as taking active charge of his 

 father's business. It should be added that another son, Piero 

 Pirelli, is also a managing director of the company, the two 

 jointly taking charge of its affairs. 



RUSSIA. 



The net profit of the Russian-American India-Rubber Co., 

 at St. Petersburg, for the business year 1906 is stated at 5,045,- 

 796 rubles [^$2,598,584.95], and a dividend of 2654 per cent, has 

 been declared. 



The imports of raw india-rubber and gutta-percha in 1905 are 

 stated at 358,000 poods [^12,928,096 pounds] and in 1906 at 

 462,000 poods [ = 16,683.744 pounds]. 



The Moscow factories of F. Reddaway & Co. — the parent 

 house of which is at Manchester, England — employ close on to 

 1000 hands, chiefly on oil cloth, leather cloths, and "Camel's 

 Hair" belting, but do not make any rubber goods, as does the 

 factory in England. The Russian house has branches at St. 

 Petersburg, Kieff, Saratof, Warsaw, and elsewhere, at each of 

 which places the postal address is F. Reddaway & Co. Mr. 

 Reddaway devotes a considerable part of his time to the con- 

 duct of his business in Russia. 



HASKELL GOLF BALL IN ENGLAND. 



In the British house of lords, on November 9. arguments in 

 the appeal by the plaintiffs in the case of the Haskell Golf Ball 

 Co. v. Hutchinson, Main & Co., Limited, were heard. This was 

 an action for infringement of patent, heard originally in the 

 high court of justice, chancery division, in London, in May and 

 June, 1905, when Mr. Justice Buckley rendered a decision ad- 

 verse to the patent. An appeal was filed by the Haskell com- 

 pany, and in the court of appeal, on March 7, 1906, the full 

 bench concurred in the finding of the lower court. The case 

 was carried next to the house of lords, where a final decision 

 was delivered on November 25, also adverse to the Haskell 

 patent. 



