80 



THE INDIA RUBBER WORLD 



I NuVEMHEFl 1, 191; 



ANNUAL REPORT OF THE INTERCONTINENTAL 

 RUBBER CO. 



I.N till- annual r<.i)uit ul tlu- Intercontinental Rubber Co., is- 

 sued October 4, and coverinjj the year ending July 31, 1915. 

 the secretary state.s that although conditions in Mexico have not 

 improved during the past year, still it was possible to operate 

 the company's factory at part capacity. The difficulties, however, 

 were great and were much increased by the totally inadequate 

 railway service. ThdU.sfh the prices for rubber prevailing during 

 the year were low, the company's operations show a prolit. 



The balance sheet, which is reproduced in full below, shows 

 net profits for the last fiscal year of over $240,000, as compared 

 with a little less than $51,000 for the preceding year; and the 

 surplus last July was nearly $200,000 larger than at the same 

 time the year hetore. 



KAL.\.\( I-; SIIKET— IL'l.V .il, lyl5. 

 .\SSETS. 

 InvfStmcntii in ^tuck of iiK-rgcil niu\ subsidiarv companies; 



By cash '. $2,315,321.59 



By stock issues >(<.198,575.30 



Patents (e.xchisive of "subsidiary comp.TU: 

 .\ccounts and notes receivable, etc.: 



Advances to subsidiary companies. . 



Sundry accounts 



.irilies (market value).... 



I.I.\I!1L1T1 



lapital ! 



-Accounts payable, tax* 



Due to subsidiary 



iirphis (as below) 



.sUKI'Ll'.-; .NfCOLWT 



plus August 1. 1914 



flross profit on operations. . . 



Net income from -securities 



(after adjustment of 



ties to current market value 



Surplus July 31. 1915 



$2,427,077.39 



H. G. AHMSTRONG JOINS THE MUEHLSTZIN FORCES. 



H. Muehlstein & Co., dealers in scrap rubber, whose head- 

 quarters are in New York, but who also have offices in Akron 

 and Chicago, have decided, in order to cover the whole field and 

 take in New England, to open a branch office in Boston, and 

 they have selected H. G. .\rmstrong to take charge of this 

 office and act as their eastern representative. Mr. Armstrong is 

 widely known in the rubber trade, as he has been connected with 

 it for something over IS years. For ten years he was with the 

 L'nited States Rubber Co. in various important positions, acting 

 at different times as their agent in Baltimore and Chicago, and 

 later being connected with the main selling department in New 

 ^"ork ; and in these various capacities he made a very extensive 

 circle of acquaintances, both east and west. 



The books on business efficiency always devote a few chapters 

 to "The Value of a Pleasing Personality." as if that were some- 

 tliing the unfortunate who did not possess it could acquire 

 by reading book.s. .^i pleasing personality is a gift of the gods, 

 and is not to be had in any other way. Now, Mr. .Armstrong 

 has it, and for that reason the Muehlstein company is fortunate 

 in securing him to represent it in the New England field, par- 

 ticularly as he knows Boston very well, and is very well known 

 in Boston. 



TRADE NEWS NOTES. 



The Electric Hose & Kuljl.er Co.. of VVilniiniitoi., Delaware, 

 is e-xtending its plant by the addition of u large one-story 

 warehouse of brick and concrete. 248 feet long and 31 feet 

 wide. 



The General Electric Co..' Schenectady. New York, has 

 begun the construction of a one-story furnace building. 

 60 X 178 feet, which will cost $10,000. 



The Allen Machine Co.. Erie. Pennsylvania, have reported a 

 recent sale to the Dunlop Tire Co., Limited, Manchester, Eng- 

 land, of six 8-inch electrically driven tubing machines. Two 

 were double machines and four were single. 



Standard Woven Fabric Co., of Framingbani. Massachusetts. 

 which manufactures multil)estos products and rubber specialties, 

 has purchased the plant of the Walpole Tire & Rubber Co. at 

 Walpole and will take possession about December 1. 



The Second Pan American Scientific Congress will meet in 

 Washington, D. C. from December 27, 1915, to January 8, 1916. 

 John Barrett, director general of the Pan .American Union, is 

 secretary general of the congress. There will be special rep- 

 resentatives and speakers connected with various educational and 

 scientific bodies throughout the 21 American republics. 



The capital stock of the Southwark Foundry & Machine Co.. 

 Philadelphia, has lieen increased from $500,000 to $1,300,000. 



In an exciting game on the Passaic, New Jersey club field. 

 Saturday, Octolier 9. the New York Belting & Packing Co. woii 

 the factory baseball championship, defeating the United Piece 

 Dye Works nine by the score of 4-0. 



Oscar Cutler, formerly of Cutler, Spack & C ., scrap rublicr 

 dealers, Chelsea, Massachusetts, has dissolved partnership and 

 estabhshed new offices at 98 Second street, Chelsea, as Oscar 

 Cutler & Co. 



Jacob L. Caplan, formerly of Caplan & Sail. Philadelphia, has 

 dissolved partnership and is now conducting a general waste 

 material business at the same address under the firm naine of 

 Jacob L. Caplan Co. 



The gross sales of the Converse Rubber Sli. le Co. for the nine 

 months ending Septemlier 30. amounted to $974,821, compared 

 with $806,942 for the same period of 1914. Xet profits were 

 $131,750 this year. cnm])are,l with $83,542 la^t \ear, a gain of 

 .58 per cent. 



RUBBER COMPANY SHARE aUOTATIONS. 



The following market quotations of the shares of rubber manu- 

 facturing companies on October 25 last are furnished by John 

 Burnham & Co., 31 Nassau street. New York, and 41 South La 

 Salle street, Chicago : 



Rid. Asked. 



.\iax Grieb Kubber Co., comnioi. 300 



.\iax-Grieb Rubber Co.. preferre.l 101 



Firestone Tire & Rubber Co., common 800 810 



iMrestonc Tire & Rubber Co.. preferred 112 



The B. F. Goodrich Co., common 76 78 



The B. F. Goodrich Co., preferred 110 112 



Goodvear Tire & Rubber Co., common 333 337 



Goodyear Tire & Rubber Co., i>referred 109;.^ IIO'A 



Kelly Springfield Tire Co.. common 275 280 



Kelly-Soringfield Tire Co., 1st preferred 92 92^ 



Kelly-Sprincfield Tire Co., 2nd preferrei! 225 235 



.Miller Rubber Co.. common 240 250 



Miller Rubber Co.. preferred 109 110 



Portage Rubber Co., conmioii 59!5 62 



Portage Rubber Co.. j.referred - 94 95 



Rubber Goods Manufacturing (_.,.. i.^tttrrcd 



Swinehart Tire & Rubber Co 91 93 



United States Rubber Co.. common 54 56 



United States Rubber Co.. i.referred 105 107 



"Rubber Machinery," Mr. Pearson's newest book, filled with 

 valuable information for rubber manufacturers, is now ready fc r 

 mailing. Price, $6. 



