New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-30

Tho manufacture OF rubber boots ana shoes. a
Important industry. begun by several of these
panles I'm 1872 and growth business may be
from the statement that while In 1900 the total out
put I'D not e\rred IN value $1,000 900, IL A. preseEt
amounts to about So OOOOOO annually and is steadily
increasing
There were manufactured in 1891 In the United States
abolt so 0cO.Gco pairs Of rrbber boots and shoes.
II Is an Industry wholly protected by brands irndc.
marks In pnrt by paicnfs and largely by pro.
mud requires very large capital extensive plant.
great experience aud IonG. reputation aud
good. for c>sul o.e'aioA. AS Itst, all at
empts with simply largo capital profitable
Germs have been above. AMI TIE whole Industry in the
United States remains stated, centred In hfteen
properties alone
Each OF the aboye-named companies has heretofore a.
against the others. posecd special advantages In the
uatt-r OF race secrets involving chemical compounds
without the fullest kRowlcdgc Of which successful manu-.
actur" Il Impossible Under the present management all
such n'orma lon win b" USED for the benefit Tho
thus resulting NIL necessarily add largely the
pron', Il the company.
To this slnnd ,r added tina, Of securing tho
lowest possible by lars" purchases BY ntspndent
manra' turc Grade material. catc.ing iuto the
artnr"d a-;'rs. Til" liberalization aud financial loss
rsitine from ,iasno!c manufcurc and the carrying Of
excessive stock ~ manufactured goods and crude
t"rias viii 10 avoided. The nenufacturc will b" smp!i.
n'd and classified and viii be made the natter
" interest charges. In n-urnc" and in ''ng expenses
TIE exclusive b.Drht u: rho ~! and experience OF the
managers q the sryra! prorr, is Insured TO this COM
p2nv hy suitable contracts.
The Common stock rrnmins in the possession al
those Interested In the property aud mann cement.
The properties secured the 1 niird states Rubber
Company. (ohrr than the Para Plant have each been
appraised BY
CHARLES -. SMITH
President Nrw.York Chamber OF Commerce,
HENRY W. CANNON.
President Chn,r Nni. Bank. Ncw.Iork City,
aud
CHARLES H. DALTON.
Manufacturer. Of Boston. Mass.
Tho value Of these propcrie. thus Gxcd (which il
less ,hnn ro.rJ together with the purchase price OF
Pnrn PInn aud cash aud other IN the Treasury
of the Company. together with available
liabilities n. examined and certified to by the above
named accountants md guaranteed by tho several
il equal TO tho Of the total
Issue Of Preferred stock. WITHOUT CONSIDERA.
TION Of GOODWILL. TRADE MARKS, OTHER
ASSETS.
A certificate OF the President and Treasurer Of tho
Vultcd States Rubber Company submitted 10 rho
bankers md which l.. satisfactory to ihem s the basis
for the c..cnni herein the
character aud volume Of business OF tho corporation
Its assets and method Of operations. and In the opinion
Of the undersigned. fully Jusifrs iheso sfnfeiemts and
the conclusion. drawn from them.
WE INVITE SUBSCRIPTION To THE ABOvE.
MENTIONED PREFERRED STOCK At 1923. PAYA.
BILE As FOLLOWS:
I.,s PER CENT on APPLICATION;
80 PER Gent On ALLOTMEN-;
10 PER CENT On DECEMBER l. 1892.
Subscribers will have tho option of paying In full for
the rllotd them and interest on the anticipated
payments will be- allowed at The ate Of per cent por
Failure to make payment aay nsallmcnt when Inc e'
cforoaid may operate a. fsfeituTc OF ali previous
paynent'.
Temporary receipts will &c gwen by the bankers for
installmcnts PAID eAchanccabc into Preferred STOCK
on payment Of rlic final ,st,n~it.
The rc-ervct reject reduce sDy subscription
and make aotncnts Of less than the amounts applied
The right also is rc-crcd to close the subscription
without previous notice.
IN allotment preference VIII Dc given 70 manufacturers
and Others directly interested in the business. II tie
applied for by any applicant be not allotted
the surplus amount 10 lie paid application Will be
applied the duo on allotment When no allot.
mont is madc the deposits Will be returned in full.
Applications must be accompanied by deposit OF
$3.50 per share.
The subscrlptiop list will be opened simultaneously
At 10 o'clock A. NJ. on Wednesday. the I'd day Of
November, and close at P. ". Friday, the 9Th
day Of November, or earlier at the edlces Of
H. B. H0LLINS E. CO., IS Wall St.. n. Y.
BLAKE BROTHERS & co., 5 NassauSt
nv.
LEE, HIGGlNS0M & CO., a. State St.,
Boston.
RICHARDSON, HILL e. CO., 40 Water St.,
Boston.
Prespectuscs and fsrm~ Of application can Be ss'
,.,.ed at The saces above mentiened.
Dated NETWORK and BOSTON. Oct. 81. 1892.