April 1, 1917.; 



THE INDIA RUBBER WORLD 



405 



News of the American Rubber Trade. 



SIXTEEN DIRIGIBLES FOR THE NAVY. 



THE Navy Department of the United States Government has 

 ordered 16 dirigible airships lor coast and iiarbor patrol 

 work, at a cost of $649,250. These are to be of the non- 

 rigid type, 160 feet long, 3154 feet in diameter, or 50 feet high 

 over all, and will be equipped with 100-horsepower motors. 

 capable of making a continuous flight of 16 hours at 35 miles per 

 hour and a maximum speed of 45 miles for 10 hours. 



The awards were as follows : Curtis Aeroplane Co., Buffalo. 

 .Vew York, three for a total of $122,250: Connecticut Aircraft Co., 

 New Haven, Connecticut, two for $84,000; The B. F. Goodrich 

 Co., Akron, Oliio, two for $83,000, and The Goodyear Tire & 

 Rubber Co., .A.kron. Oliio, nine for $122,250. 



HOOD RUBBER CO. REPORT. 



Following is the condensed balance slieet of the Hood f. 

 Co., Watertown, Massachusetts, dated December 31. 1916: 



ASSET.S. 



Plant (real estate, machinery, etc.) $2,900 



Mercliandise 1,846 



Accounts receivable 3,381 



Cash 318 



Investments in other corporations 159 



Patents 1, 



$8,606, 

 I.I.Vr.H.ITIF.S. 



Capital stock— Common $2,500,000,000 



Preferred 2,750,000.00 



$5,250, 



Notes payable 2,280 



Surplus 1,076 



$8,606, 

 Merchandise in [irocess of importation and letters of credit and 

 discounted in connection therewith are not included in the foregoing 

 ment. 



ubl)er 



000.00 

 ,308.71 

 ,810.80 

 ,180.68 

 ,400.00 

 ,000.00 



700.19 



,000.00 

 .000.00 

 ,700.19 



,700.19 

 drafts 

 state* 



AMERICAN CHEMICAL SOCIETY MEETING. 



The general tneeting of the .Ainerican Chemical Society, to be 

 Iield in Kansas City, Missouri, April 10 to 14. promises to be one 

 of the most interesting in the history of that organization. It 

 will be the first for many years held in that section, wliere are 

 situated inany of the nation's chemical industries, especially those 

 relating to natural gas, petroleum and zinc. There are to be 

 symposiums on these subjects, and important excursions are 

 planned for personal visits and investigations in the fields above 

 mentioned, as well as visits to industrial plants witli vvliich chem- 

 istry is more or less closely allied. The local committee is headed 

 by W. A. Whitaker, of the University of Kansas. Lawrence, Kan- 

 sas, chairman of tlie executive committee. 



DOMINION RUBBER SYSTEM CHANGES. 



A recent announcement of the Canadian Consolidated Rublier 

 Co., Limited. Montreal, Canada, reports the following appoint- 

 tnents. effective Fe1)ruary 12: 



R. E. Jamieson, director in charge of sales of Uoininion Kublier 

 System; J. M. S. Carroll, sales manager. Dominion Kubber Sys- 

 tem ; F. .A. Todd, general credit manager, Doininion Rubber 

 System ; Hugo Wellein, division manager, Quebec division ; Geo: 

 Bergeron. a,ssistant division manager, Queliec division ; H. R. 

 Nixon (St. John branch) becomes chief clerk to director in 

 charge of sales at head office ; and A. R. Hannah, office manager, 

 St. John branch. 



The rapid expansion of business in western Canada has made 

 necessary a rearrangement of the Middle West division. Two 

 new divisions have been created, with a result that each prairie 

 province has become a distinct unit : 



Alberta Division— Division office, Calgary, Alberta; division 

 manager, A. C. McGiverin ; office manager, J. C. Jones. 



Saskatchewan Division— Division office, Regina. Saskatchewan ; 



division manager, L. T. McGi\erin ; office manager, Frank 

 Garnett. 



Manitoba Division — Division office, Winnipeg, Manitoba; in 

 charge of Cliarlcs Holden, western sale's manager ; office manager, 

 J. H. Rice. 



ASSOCIATION SPONSORS BRAKE LINING TESTS. 



The Asbestos Brake Lining Manufacturers' Association, Am- 

 bler, Pennsylvania, organized July 28, 1916, endeavors to aid 

 manufacturers' interests by bettering the service to the trade in 

 general, and is now preparing the way for disinterested testing 

 of all brake band linings. This work will be done by recognized 

 experts, and is expected to demonstrate that brake lining of a 

 certain stipulated construction, quality, etc., is best suited for 

 given requirements. The Society of Automobile Engineers has 

 been invite^ to cooperate and it is hoped to render a real service 

 to the motoring public at large. 



The president of this association is A. H. Burdick, treasurer 

 of the Standard Woven Fabric Co., Walpole, Massachusetts, and 

 the secretary-treasurer is C. J. Stover, vice-president of Keasbey 

 & Mattison Co., Ambler. Pennsylvania. 



RUBBER COMPANY'S DIVIDENDS. 



The Goodyear Tire & Rubber Co. paid its usual quarterly divi- 

 dend of 3 per cent on the common stock on March 1. 



The New Jersey Zinc Co. paid an extra 4 per cent dividend on 

 March 10. 



The Fisk Rubber Co. paid a quarterly dividend of l^i per cent 

 on second preferred stock on March 15 to stockholders of record 

 January 31. 



The Ajax Rubber Co., Inc., paid a quarterly dividend of $1.25 

 on March IS to stockholders of record February 28. 



The Pennsylvania Rubber Co. has declared a quarterly divi- 

 dend of \yi per cent on common and \H per cent on preferred 

 stock, payable March 31 to stockholders of record March 15. 



The Kelly-Springfield Tire Co. has declared a quarterly divi- 

 dend of $l.S0'per share on preferred stock, payable April 2 

 to stockholders of record March 17. 



The Rubber Goods Manufacturing Co. paid a quarterly divi- 

 dend of 1^ per cent on preferred stock on March 15 to stock- 

 holders of record March 10. 



The board of directors of the Keystone Tire & Rubber Co. 

 has declared a quarterly dividend of 2 per cent with an addi- 

 tional '/} per cent upon preferred stock and a regular quar- 

 terly dividend of 3 per cent on common stock, payable April 

 2 to stockholders of record March 23. 



The Federal Rubber Co. has declared a quarterly dividend 

 of 1^ per cent on first preferred stock, payable -\pril 1 to 

 stockholder.-^ of record March 17. 



RUBBER COMPANY SHARE QUOTATIONS. 



The following market quotations of shares of rubber manu- 

 facturing companies on March 26 are furnished by John Burn- 

 ham & Co., 115 Broadway, New York City, and 41 South La 

 Salle Street, Chicago, Illinois : gjj Asked. 



.\ja.v Rubber Co. (new) 67!^ 69 



l-'ircstonc Tire & Rubber Co., common 141 143J^ 



■■'ircstone Tire & Rubber Co., preferred 107 109 



The B. F. Goodrich Co., common 55^ 56 



The B. F. Goodrich Co.. preferred lOSJli 112 



(ioodyear Tire & Rubber Co., common 250 255 



Goodyear Tire & Rubber Co.. preferred 106 107 



Kellv-Springficld Tire Co., common 63 63J^ 



KellySprinefield Tire Co.. preferred 93 94 



Miller Rubber Co., common '230 240 



Miller Rubber Co., preferred 105 106 



l^ortage Rubbei Co ^loi/ o^ 



Swineliart Tire & Rubber "Co 'Syi 83 



I'niled Stales Rubber Co., common 59 bvyi 



United States Rubber Co., preferred 108 108^4 



