February 1, 1915] 



THE INDIA RUBBER WORLD 



>7 



// 



News of the American Rubber Trade. 



WALP0LE SALE AND DIVIDEND. 



A SALE will be held at . VV'ali'uK-. ^asjachusejtjts, a,t 11:30 

 a. m. mi Wednesday, March 10, to disjjose of the business 

 of the Walpole Tin- & Rubber Co. This business will In- 

 sold as a whole ami as a going concern, and hids maj be sub 

 mined without other restriction than that ™li Ik- accompanied 

 by a certified check for $50,000. 



An appropriation of $37,500 has also been made from the 

 funds in the hands of receivers tor tin- payment oi a 3 per 

 cent, dividend to creditors, on claims allowed up to January 4. 

 There have been three previous dividends of 4 per cent, ami 

 one of 10 per cent., making in all 25 per cent. 



UNITED STATES RUBBER CO. MEETING. 



After the meeting of the Board of Directors of the Tinted 

 States Rubber Co. held January 7. the president Samuel P. 

 Colt. j;;iu' out the Following statement: 



"The Board of Directors of the United States Rubber Co. 

 at their meeting held this day declared the regular quarterly 

 dividends upon the preferred and common stocks of the 

 company, namely, 2 per cent, upon the first preferred, \ l / 2 

 per cent, upon the second preferred and \ l / 2 per cent, upon 

 the common. 



"The treasurer's statement as submitted to the meeting 

 showed the net earnings of the company for eleven months, 

 from January 1 to .November 30, 1914, sufficient to cover the 

 dividends declared for tile year 1914, including those declared 

 today. There was no estimate of the December earnings 

 submitted, but whatever they may be will be additional to 

 the dividend requirements. 



"While there has been some improvement in the business 

 for December, which is continuing into January, the existing 

 war introduces an unprecedented uncertainty into the 

 situation. 



"There is every reason to believe that the embargo placed 

 by Great Britain upon the importation of crude rubber will 

 be so modified as not to embarrass the company in obtaining 

 its requirements of the crude material." 



RUBBER COMPANY DIVIDENDS. 



The L'nited States Rubber Co. has declared a quarterly 

 dividend of 2 per cent, on its first preferred stock, a quarterly 

 dividend of \y 2 per cent, on second preferred stock and a 

 quarterly dividend of \}/i per cent, on its common stock, 

 payable January 30 to stockholders of record on January 15. 



The Canadian Consolidated Rubber Co., of Montreal, 

 Quebec, declared a regular quarterly dividend of 1J4 per cent, 

 on the preferred stock of the company, payable December 

 31 to stockholders of record on December 19, but has passed 

 the dividend on its common stock. 



The American Chicle Co. has declared a monthly dividend of 



1 per cent, on its common stock, payable February 20 to stock- 

 holders of record on February 15. 



The Racine Rubber Co., of Racine, Wisconsin, paid on January 



2 its 11th regular quarterly dividend of 1J4 per cent. . m the pre- 

 ferred stock of the company, which is 7 per cent, cumulative. 



The Hood Rubber Co., of Watertown, Massachusetts, lias de- 

 clared its 28fh consecutive quarterly dividend of \Y\ per cent, 

 on the preferred stock of the company, payable February 15 to 

 stockholders of record on January 28. 



The Fisk Rubber Co., of Chicnpee Falls, Massachusetts, has de- 

 clared a regular quarterly dividend of l$j per cent, on its pre- 

 ferred stock, pavable l r cbfuary 1 to stockholders of record on 

 January 21. 



THE FEDERAL RUBBER MANUFACTURING CO. 



The Federal Rubber Manufacturing Co., of Milwaukee, 

 Wisconsin, is again adding to its plant, having completed 

 plans for a three story addition 124 \ 44 feet, of brick and 

 mill construction. 



This company is manufacturing a special '"Redskin" inner 

 tube, the distinguishing feature of which is a valve base rein- 

 Eorced by extra thickness of rubber, vulcanized integrally 

 with the tube and therefore a part of it. This reinforcement, 

 which cannot break or work loose, is claimed to add ma- 

 terially to the strength of the tube. To protect the tube 

 from injury in transit, n i- en< [QSed in a red cloth bag before 

 being packed in its carton. 



TRADE OPPORTUNITIES FROM CONSULAR REPORTS. 



A Portuguese importing firm is in the market for automo- 

 bile tires which are stated to be for its branch house in 

 South America. Prices f. o. b. New York or c. i. f. South 

 American port are desired. Report No. 15,007. 



A manufacturer in Europe wishes to communicate with 

 manufacturers of vulcanite tubes for fountain pens. Report 

 No. 15,096. 



A dealer in 1 'ranee would like offers on dental supplies of all 



kinds Report No. 15,104. 



A dealer in- the Far East desires names and addresses of 

 manufacturers of sporting goods, bicycle tires, etc. Report 

 No. 15,167. 



An electrical engineer in a leading South American city 

 asks for catalogs and prices on electrical supplies, wire, cable, 

 etc. Report No. 15.184. 



A foreign import and export agent desires to be put in 

 correspondence with exporters of unvulcanized rubber rings 

 for preserve jars. Report No. 15.210. 



A business man in Russia wishes to get in touch with 

 American manufacturers of rubber ribbons simitar to samples 

 which may be examined at the Bureau of Foreign and 

 Domestic Commerce and its branch offices. Large quantities 

 of this material are imported into Russia. Report No. 15,250. 



A dealer in Great Britain wants to secure agencies for 

 rubber goods, such as surgical articles. Report No. 15.317. 



A firm in the l'nited Kingdom which manufactures surgical 

 trusses wishes to form commercial relations with manufacturers 

 of imitation rubber pads. Report No. 15,351. 



A European business man desires to act as representative for 

 American manufacturers of balata and other belting. Report 

 No. 15,357. 



A general import agent in Norway desires to represent, on a 

 commission basis, American exporters of rubber goods. Report 

 No. 15,378. 



A recent decision of the Board of United States General 

 Appraisers sustained the protest of The B. F. Goodrich Co., 

 of Akron, against assessment at 15 per cent, on wire staples 

 used in anchoring cords while they are being knitted into form 

 for use in making automobile tires. This article properly comes 

 under paragraph 554 of the 1913 tariff, entitling it to free entry. 



Imports of new scrap rubber are entitled to free entry, accord- 

 ing to a decision handed down on January 19 by the Board of 

 United States General Appraisers, protest having been entered 

 by N. Hi Beaters against the assessment at 10 per cent. 

 . 



SOME RECENT CUSTOMS RULINGS. 



Rep|ete with information for rubber manufacturers.— Mr. 

 Pearson's "Crude Rubber and Compounding Ingredients." 



