346 



THE INDIA RUBBER WORLD 



[July i, 1908. 



and so on, in different designs to conform with the color scheme 

 of the various rooms. It is understood the order amounts to 

 about $125,000. 



MR. BOURN STUDYING RUBBER. 



Mr. Augustus O. Bourn, Jr., since recently completing a 

 post graduate course at Columbia University, has turned his 

 attention to the business of crude rubber brokerage, opening an 

 office for the purpose at No. 11 William street. New York. Mr. 

 Bourn refers to his new work as a study of the proposition 

 "how to land rubber as economically as possible from the trees 

 to the manufacturer's washing room." The reception given by 

 Mr. Bourn at the university on May 26, on the occasion of the 

 conferring of a degree upon him, was attended by a number of 

 prominent persons, including former Governor Bourn, his father, 

 and Mrs. Bourn ; Major General and Mrs. Frederick D. Grant, 

 United States Senator and ]\Irs. Nelson W. Aldrich, United States 

 Senator and Mrs. George Peabody Wetmore, Bishop and Mrs. 

 David H. Greer, Mr. and Mrs. O. H. P. Belmont, Mr. and Mrs. 

 Franklin Parrel, :\Irs. Potter Palmer, Mr. Russell Colt, Mr. 

 Edward B. Aldrich, and Mr. and Mrs. John D. Rockefeller, Jr 



CANADIAN GENERAL ELECTRIC CO. 



A CROWING and prosperous business is that of the Canadian 

 General Electric Co., Limited (Toronto), whose works are at 

 Peterboro, 75 miles from the city of Toronto. The company's 

 products embrace practically everything in the way of electrical 

 appliances and supplies, from incandescent lamp bulbs to the 

 largest generators now in commercial use. The works at Peter- 

 boro have been expanded annually until they now embrace de- 

 partments for the production of everything required in the in- 

 sulation of an electric lighting or power service. Not the least 

 in importance among these departments is the rubber works re- 

 quired for the insulation of wires. Connected with this company 

 in the Canada Foundry Co., Limited, the works of which, at 

 Davenport, form the iron and steel department of the electric 

 company, it being here that the larger machinery, locomotives, 

 and so on are built. 



MR. HOTCHKISS GOES AROUND THE WORLD. 



The most recent American visitor to the rubber planting re- 

 gions of the Far East was Mr. H. Stuart Hotchkiss, vice pres- 

 ident and secretary of L. Candee & Co., the rubber footwear 

 manufacturers at New Haven, Connecticut, who has returned 

 from an eight months' trip around the world, on which he was 

 accompanied by Mrs. Hotchkiss. Air. Hotchkiss visited the 

 Philippine Islands, French Indo China, the Straits Settlements, 

 the Federated Malay States, Java, and Ceylon, studying the 

 conditions of rubber culture closely, after which he had an 

 opportunity to interview in London a number of persons in- 

 terested in the subject in various ways, and he comes home con- 

 vinced that the business of planting rubber is already one of 

 great importance and one which is destined to become much 

 more so. 



EASTHAMPTON RUBBER THREAD CO. 



At the annual meeting of this company (Easthampton, Massa- 

 chusetts, June 16) the following directors were elected: L. S. 

 Stowe, William G. Bassctt, Robert S. Williston, Harry E. Con- 

 verse, and F. W. Pitcher. William G. Bassett was elected pres- 

 ident and L. S. Stowe, long time president of the company, was 

 elected treasurer. F. W. Pitcher was reelected clerk and 

 general manager. 



"CAN YOU BEAT THISI" 



American Tire Arm(.r Co. (San Francisco) announce that 

 they are "soon to market an automobile tire that will revolu- 

 tionize the tire business of the world." This will begin when 

 they have sold some of the $5,000,000 in capital shares author- 

 ized by their Arizona charter. Their plan is to sell all the auto- 

 mobile tires required in the United States at an average price 

 of $50, and an average profit of $12.50 per tire, all of which 

 works out, according to the company's figures, at an annual 

 dividend of 50 per cent, on the entire capital. As the auto- 



mobile production grows, the yearly dividend is expected to go 

 up to 75 per cent. The San Francisco public has been allowed 

 to see the new tire and demonstrations of it in the principal 

 Eastern cities are promised early this month. By the way, the 

 prospectus fails to mention what the company's procedure might 

 be in case any other tire makers should refuse to allow the 

 American Tire Armor Co. to absorb all the trade. 



AMERICAN RUBBER CO.'S AEFAIRS. 



The report of condition tiled as of INIarch 31, 1908, with the 

 Massachusetts state authorities, embraces the following details : 



ASSETS. 



Real estate $188,008.22 



Machinery 136,927.22 



Merchandise 1,392,028.97 



Cash and receivables 1,189,028.12 



Special bills receivable 800,000.00 



Total $3,705,992.53 



LIABILITIES. 



Capital $1,000,000.00 



Accounts payable 4,657.39 



Special bills payable 800,000.00 



Floating debt 300,000.00 



Surplus, fixed 865,734.01 



Profit and loss 735i6oi.i3 



Total $3,705,992.53 



L. CANDEE & CO.'S ANNUAL. 



At the annual meeting of shareholders of L. Candee & Co. 

 (New Haven, Connecticut, May 16.) Henry L. Hotchkiss, Sam- 

 uel P. Colt, James B. Ford, Lester Leland and H. Stuart Hotch- 

 kiss were elected directors. On June 18, at a meeting of the 

 directors, Henry L. Hotchkiss was elected president for the 

 thirty-sixth consecutive year; H. Stuart Hotchkiss was reelected 

 vice president and secretary, and W. H. Gilbert was elected 

 treasurer to succeed George E. Bailey. 



TRADE NEWS NOTES. 



The Electric Cable Co. (New York), whose plant at Bridge- 

 port, Connecticut, was burned in February last, have nearly 

 completed new works. The new plant is based upon different 

 plans from the old, and the machinery is of more modern design. 



The Merchants' Association of New York as usual have se- 

 cured from the railroads special rates for merchants desiring to 

 visit the city as buj'ers. These concessions apply to different 

 sections of the country at different dates; for instance, the re- 

 duced rates from towns in the Central Passenger Association 

 territory will be in effect for 30 days from July 25. Any person 

 desiring more definite information is invited to write to the 

 association for a circular. 



An important rubber manufacturing company got a verdict for 

 75 cents in a Milwaukee court against a customer in a dispute 

 over payment for fountain pens. The defense had to puy $4.14 

 cents costs, also. 



Tire-Life Co. (New York) send The India Rubber World 

 a section of a motor tire inner tube filled with their compound 

 which is stated to have gone 6,500 miles. 



Mr. J. l\L Murdock with 6 companions traveled in an auto- 

 mobile from Los Angeles to New York city with no other tire 

 trouble than one puncture, though much of the course was 

 through a rough and sparsely settled country with poor roads. 

 He used "Continental" tires and averaged 136.36 miles per day, 

 over 3,692.8 miles. 



The Eton Talc Mining Co. was incorporated June 17 under 

 the New Jersey laws by J. B. Thompson, D. W. Myers, and J. C. 

 Myers, of Atlantic City, N. J., with $16,000 capital, to mine 

 talc, barytcs, and other minerals. 



The Diamond Rubber Co. (Akron, Ohio) were mentioned in 

 the last India Rubber World as having contracted to supply 14,620 

 pounds of solid rubber tire stock for the New York fire depart- 

 ment, to which was added an order for 12,000 pounds on June 10. 



