December I, 1915.] 



THE INDIA RUBBER WORLD 



News of the American Rubber Trade. 



BOSTON WOVEN HOSE & RUBBER CO. 



•yHK Boston Woven Hose & Rubber Co., Cambridge, Massa- 

 ^ chusetts, has tiled with the Secretary of State of Massa- 

 chusetts a statement of its financial condition, as required by the 

 statutes, for the business year ending August 31, 1915, the details 

 of which are reproduced below : 



ASSETS. 



Patents $1.00 



Office furniture 1.00 



Land tassessed value) $160,900.00 



Buildings 1,536,024.25 



$1,696,924.25 

 Less reserve for depreciation 480,258.17 $1,216,666.08 



Machinery and tools $1,566,767.32 



Less reserve for de|>reciation 802,784.65 763.982.67 $1,980,650.75 



Cash $333,033.08 



Accounts receivable 562,094.22 



Merchandise inventory 869,404.14 1,764,531.44 



$3,745,182.19 

 LL\BILITIES. 



Loans 



Accounts payable (not yet due) $49,366.20 



-Accrued wages 1 1,024.52 



Unpaid dividend 380.00 $60,770.72 



Capital stock $2,000,000.00 



Surplus and guarantee 1,684,411.47 3,684,411.47 



$3,745,182.19 



.\t a directors' meeting the regular quarterly dividend of 3 per 



cent, on common stock was declared and the regular semi-annual 



dividend of 3 per cent, on preferred stock, both dividends payable 



December 15 to stockholders of record December 6. 



The company will increase the common stock from $1,250,000 

 to $2,000,000, distributing the new stock to present holders in the 

 form of a 60 per cent, stock dividend. 



A DECISION IN FAVOR OF THE MARKS' PATENT. 



A recent decision by District Judge Hazel of the United States 

 Circuit Court of Appeals, of New York, declares that the A. H. 

 ^larks' patent on recovered rubber (the alkali patent) is valid. 



RUBBER COMPANY DIVIDENDS. 



At a meeting of the board of directors of The B. F. Goodrich 

 Co. held October 27, a quarterly dividend of 1^4 per cent, was 

 declared on Goodrich preferred, payable January 1, 1916, to 

 stockholders of record December 21. 



A quarterly dividend of Ifi per cent, has been declared on 

 Plymouth Rubber Co.'s preferred stock, payable December 1 to 

 stockholders of record November 16. 



RUBBER COMPANY SHARE QUOTATIONS 



The following market quotations of the shares of rubber manu- 

 facturing companies on November 7 last are furnished by John 

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

 Salle street, Chicago : 



Bid. Asked. 



Ajax-Grieb Rubber Co., common 375 450 



AjaxGricb Rubber Co., preferred 101 110 



Firestone Tire & Rubber Co , common 700 725 



Firestone Tire & Rubber Co , preferred 112 



Fisk Rubber Co., common 122'4 125 



Fisk Rubber Co., 1st preferred 1065/^ 108!^ 



Fisk Rubber Co., 2nd preferred 123 



The B. F. Goodrich Co., common 71 72 



The B. F. Goodrich Co., preferred 111/^ 113 



Goodyear Tire & Rubber Co , common . 338 342 



Goodyear Tire & Rubber Co preferred 111 112^ 



Kelly-Springfield Tire Co., common 298 300 



Kelly-Springfield Tire Co., 1st preferred new 93 96 



Kelly-Springfield Tire Co. 2nd preferred, new 75 76 



Miller Rubfier Co., common 248 250 



Miller Rubber Co.. preferred 109 111 



Portage Rubber Co., common 65 75 



Portage Rubber Co., preferred 98 100 

 Rubber Goods Manufacturing Co , preferred 



Swinehart Tire & Rubber Co . ... 90 



United States Rubber Co, common 53.K 55 



United States Rubber Co, preferred 107 108M 



•And accrued divs. 



EARNINGS OF THE UNITED STATES RUBBER CO. LESS THAN IN 1914. 



Owing to the increased cost of raw materials — which in the 

 case of tires alone averages 10 per cent, higher than a year ago — 

 the earnings of the United States Rubber Co. are not expected to 

 be as large this year as in 1914, according to a statement recently 

 made by Colonel Samuel P. Colt, president of the corporation. 

 The company is now turning out, at its various plants, upwards of 

 8.000 automobile tires daily, and it is expected that the output will 

 reach between 13.000 and 14,000 tires before very long. 



The company's footwear business is holding its own. 



Colonel Colt stated that a small quantity of rubber is coming 

 in from the plantations owned and cultivated by the company in 

 Sumatra. While the quantity coming in will increase from year 

 to year, the plantations are not expected to furnish any consider- 

 able share of the rubber required by the company until 1921. If, 

 as the colonel anticipates, this rubber, equal in quality to the grade 

 now selling on the market at 60 cents, can be brought here at a 

 cost of 25 cents per pound, the Sumatra plantations will be an 

 asset of no small importance to the company. 



NEW PRICES FOR AMERICAN PROCESS ZINC OXIDE. 



The New Jersey Zinc Co.. New York, recently announced to 

 the trade that .\merican process "Horsehead" zinc oxide will be 

 sold under a semi-annual contract and the clauses relating to 

 protection and cancellation will be omitted. Deliveries will be 

 limited to a maximum of 20 per cent, monthly, and will be spread 

 as nearly as possible over the period of contract in regular 

 monthly quantities. Where more than one grade is used, a defi- 

 nite quantity of each is to be specified. 



Sales of the "Florence" brand, French process zinc will hi 

 confined to the first quarter of the year 1916. Contracts will 

 be written separately and such tonnage will not be included in 

 making up the 50-ton base of other grades. Where more than 

 one grade is used a definite quantity of each is to be specified. 



The following prices are for contracts covering the periods 

 above mentioned, deliveries to begin January 1. They are based 

 on shipments in barrels, f. o. b. shipping point, with freight 

 allowance on carload lots. When shipped in paper bags of 50 

 pounds net weight, in carload lots, the price will be one-eighth of 

 a cent a pound less than that given for "Special" and "XX Red." 

 Quotations are subject to change without notice. 



AMERIC.\X PROCF.SS "IIORSKHF.AD" BRAND. 



50- Ton Base. Carloads. Less Carloads. 



Special per found $0.09ii $0.09'A $0,094(1 



■XX Red 08H -OSH .08?4 



FKKXCII PROCESS "FLORENXE" BRAND. 



While Seal .17 .]7'A 



•;rccn .Sc.il .16':- .16M 



Red Seal .1,, .16^1 



A SURREPTITIOUS SHIPMENT OF RUBBER ON THE ZEALANDIA. 



The protest entered by the captain of the .American steamer 

 Zcalandia against the exercise by the British cruiser his of the 

 right of visit and search, on the ground that his vessel w-as at 

 anchor within the three-mile limit from the coast of Mexico, 

 has resulted in some interesting disclosures. It appears that 

 the British consul-general in New York learned that 500 tons 

 of rubber had been purchased for consignment to Malmo, Swe- 

 den, to the order of the German government. That it had been 

 shipped from New- York to New Orleans, thence to Progreso, 

 Mexico, where it was to be loaded on the Zcalandia. In the 

 meantime, the British government, informed of these facts, had 

 sent orders to the captain of the Iris to search the Zcalandia, and 

 the rubber was found in the cargo of rosin, hides, etc., she had 

 loaded for Malmo, Sweden. 



