New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-11-03


The manufacture of rubber oOot~ and shoes ss an
important industry begun BY Of com.
panes in 1892; and the growth Of tn. business may be
seen from the while In 1850
pu, did not exceed in 81 1000 IL a. present
amounts 70 about s27 oo0O0o annually and /. steadily
Increasing.
There were Manufactured In 1891 In this United States
about so, 100000 pairs o, boots and shoes.
II IL an Industry wholly protected by brand. or trade.
n"rk'' In part by pateni.' and largely by
ce'sc' and requires inrse capital extensive plant
srcnf experience and long reputation and
goodwill for successful operation As result. all at
t-mpt with simply largo capital profitable
cons have been abortlye and the whole industry the
nited States remains stated centred In nf,een
properties alone.
Each Of the above named companies has heretofore as
against tn. others possessed special advantages
natter 4" tfals secrets involving chemical compounds.
without The fullest knowledge Of which successful
'acture npo'sIbc. Under hc present management all
such nformatin will be used FOR the benefit The
economies thus resulting will necessarily add largely to
profits - the Company.
To this saving should be added that OF securing the
poss Cost by large purchases BY independent:
mauufa turc crude material entering the manu-.
isctuod articles The denorl ration and financial loss
resulting ,pasmoGlc manufacture ard the carrying ot
excessive stock Of manufactured goods and crude
Rails Will be avoided. Tho manufacture Will be smpli.
lied and classified and saving Will DO made IN the matter
o in"tcs, charges IN insurance. and in selling expenses
Tho exclusive beuent Of the Skill and experience OF the
manager. Of tho several properties Is insured this Com
pany By suitable contracts.
The Common stock r-mnIn. In the possession of
those Interested in the property and mana cement
Tho proprrtic. secured the United States Rubber
Company, tothcr than tho Para Panr) have cuch been
appraised by
CHARLES :. SMITH.
Prcsidrn, Newly Chamber Of Commerce,
HENRY W. CANNON.
Pvcsident Chase Nat Bank, New York City,
CHARLES ii. DALTON,
,Ionufac turcr. OF Boston. Mass.
The value Of these properties thus dxcd (Which
less tnn their co- together with the purchase price
the Parn Plant aud cash and other Treasury
Of the Company together with available assets over
liabilities, examined md cerrined ny the above
named accountants aud guaranteed nv the several
l.. rqun TO tho Of the total present
Issue OF Preferred stock WITHOUT CONsIDERA.
TION Of GOOD WILL. TRADE MARKS. or OTHER
ASSETS.
4 certificate of the President aud Trea-u Of the
United states Rubber Company submitted TO the
bankers and which satisfactory them, IL the bas.
for the essential statement herein cruing
mud volume Of business OF the corporation
lis assets method operations and, In the opinion
Of tho fully iusIGcs these statements aud
the nciu-ion- drnw from them.
WE INVITE SUBSCRIPTION To TIE ABOVE
MENTIONED PREFERRED STOCK ATio2s PAyA-
BILE A. FOLLOWS.
12L PER CENr on APPLICATIONS;
80 PER Cent on ALLoTMENT;
90 PER CENT ON DECEMBER l. 1892.
Subscriber. will have option Of paying full for
The allotted them and interest the anticipated
payments be allow ed the rate Of per cent por
ennum.
Failure to make mymcnt OF any mstalment when due
aforesaid, may operate forfeiture Of ell previous
payments.
Temporary receipts will lie given by the bankers for
installments paid, eNchangcahc into Preferred STOCK
Oh payment OF the hnal iuStallment
The right /, reserved reject or reduce any subscription
sotments OF less than the amounts applied
for right reserved TO close the subscription
without previous notice.
+. allotment preference will he given To manufacturers
and others directly Interested In the business l L.e
applied for by applicant Dr. not allotted
the surplus amount be hald application will be
applied on due allotment When no allot
Is made. the deposits viii be returned IN Iu'l'
Applications must be accompanied 10y deposit OF
$3.50 per share
The subscription list will be opened simultaneously
ut 10 o'clock A. VI. on Wednesday. I'll" I'd day Of
November, and close at 3 p. ". on Friday. the lih
day Of November. 4 earlier, at the Offices OF
II. u. HOLLINS n CO., - Wall -, Ny.
BLAKE BROTHERS & CO.. Nassau -. \. y.
LEE. UIcGING~ON & co., ~ state ~. Boston.
RICHARDSON, HILL Il CO., 10 Wafer ~, Boston.
Pros pcc fuses aud forms Of application can be OBJ
,nincd mt the Offices above mentioned.
pAed NETWORK and BOSTON. Oct. ~. 1892.