February i, 1907.] 



THE INDIA RUBBER WORLD. 



161 



News of the American Rubber Trade. 



ELECTRIC RUBBER MANUFACTURING CO.— ASSIGNMENT. 



ON Deconiber 31 Frank P. McDcrmott. of Jersey City, was 

 appointed receiver in New Jersey of the property of the 

 Electric Rubber Manulacturing Co., Rutherford, N. J., 

 with a bond of $25,000, on the application of Samuel P. Robin- 

 son, Samuel D. Sherwood and Charles Reynolds, sliarcholders in 

 the company. The liabilities are reported at $45,312, and nominal 

 liabilities at $159,374. The company was incorporated in New 

 Jersey in November, 1903, with $1,000,000 capital authorized, and 

 began operations in the latter part of 1905, making pneumatic and 

 solid rubber tires. On January 3, Mr. McDern-.ott was appointed 

 auxiliary receiver for the property in New- York state of the 

 company above named, with a bond of $5,000. The company 

 own a majority of the shares in the Electric Rubber Co. of New 

 Vork, at No. 253 West Forty-seventh street, the selling agents for 

 the New Jersey corporation. The New York concern was in- 

 corporated at Albany January 31, igo6, with $10,000 capital. 

 1 he Electric company were supposed to be in good condition, 

 in view of the active business in tires done by them recently. 

 John J. Voorhees, of the rubber trade, was appointed co-receiver 

 with Dr. McDermott on January 29, and the factory is offered 

 for sale. 



UNITED STATES RUBBER CO.— DIVIDENDS, 



The directors of the United States Rubber Co., on January 

 3, declared a quarterly dividend of 2 per cent on the first pre- 

 ferred stock, and i]4 per cent on the second preferred stock, 

 from the net earnings, payable January 31, to shareholders of 

 record on January 15. The company report net earnings for 

 the nine months ending December 31 (December partially esti- 

 mated) of approximately $3,206,176, which includes dividends 

 amounting to $552,247 received upon stock of the Rubber Goods 

 Manufacturing Co. 



REDUCED TRAVEL RATES TO NEW YORK. 



The Merchants' Association of New York announces that mer- 

 chants' rates to the city will be in effect from Trunk Line Asso- 

 ciation territory on February 23-26, inclusive, and March 16-19, 

 inclusive, with the customary 15 day return limit. The special 

 rate will be, as usual, a fare and one third for the round trip. 

 Roughly described, trunk line territory extends from the New 

 England-New York border west to and including Buflfalo and 

 Salamanca, N. Y'. ; Erie and Pittsburgh, Pa. ; Wheeling, Parkers- 

 burg, and Huntington, W. Va., south to the Potomac river and 

 the line of the Chesapeake and Ohio railroad. The rate does not 

 apply from points in New Jersey, Pennsylvania, and New Y'ork 

 State less than 100 miles distant from the metropolis. The mer- 

 chants who take advantage of these rates will register at the .As- 

 sociation's new headquarters. The Merchants' .Association Build- 

 ing, Nos. 66-72 Lafayette street (formerly Elm street). 



DUTY ON COTTON ELASTIC BRAIDS. 



Certain cotton elastic braids imported at New York were as- 

 sessed for duty at 60 per cent, ad valorem, under paragraph 339 

 of the Tariff Act, which relates to cotton or flax braids, "whether 

 composed in part of india-rubber or otherwise." The importer 

 protested, on the ground that the goods should be classified under 

 paragraph 449. relating to "manufactures of bone, chip, glass, 

 horn, india-rubber - - - or of which these substances or 

 either of them is the component material of chief value - - - 

 10 per cent, ad valorem." Testimony was offered to show the 

 component material of chief value in the articles, but the United 

 States general appraisers at New York decided : "We do not 

 think the question of the proper classification of these goods is to 



be determined by ,-> comparison of the value of the textile and 

 india-rubber component materials in them. We think that braids 

 made of cotton or other vegetable fiber and of india-rubber, irre- 

 spective of the value of the rubber component are properly duti- 

 able under paragraph 339." 



A SALESMEN'S CONVENTION AT CLEVELAND. 



The third annual salesmen's convention of The Ohio Rubber 

 Co., at the lloUenden, Cleveland, Ohio, on December 28-29, was 

 attended by twenty-two representatives of their houses at Cleve- 

 land, Cincinnati, and Pittsburgh. A part of each day was spent 

 in the discussion of various business topics, including the sale of 

 hose, belting, packing, rubber clothing, raincoats, etc. On Friday 

 evening a banquet was served, and on Saturday evening there was 

 a theater party. Tlie convention is referred to as the most de- 

 lightful and satisfactory yet held by the employes' representa- 

 tives. 



FAIRFIELD RUBBER CO. 



For nearly a year past the Fairfield Rubber Co. (Fairfield, 

 Connecticut) have been obliged to run their plant at night, and 

 the same busy condition continues. They have put in additional 

 machinery and more power and enlarged their buildings. Their 

 principal product is carriage cloth, but the coming of the auto- 

 mobile has led to the addition of a number Of motoring acces- 

 sories to their line of products. '1 he present members of the 

 company are : E. W. Harral, president ; A. C. Wheeler, treasurer ; 

 F. M. Goodell, secretary, and Major W. W. Harral, manager, 

 with F. D. Hotchkiss, superintendent. 



NEW COMPANIES AND CHANGES. 



Baker Rubber Cement Co. have been incorporated under the 

 laws of Massachusetts, with $25,000 capital authorized, to succeed 

 to the business of Charles F. Baker & Co., rubber cement manu- 

 facturers. No. 48 Lincoln street, Boston. The directors are : 

 James H. Broughton (president), Charles F. Baker (treasurer), 

 and Emma G. Sawtell. Tlie factory is in Dorchester. 



.Archer Rubber Co. have been incorporated under the Massa- 

 chusetts laws, with $3000 paid capital, to engage in the water- 

 proofing trade at Mil ford, Mass. Calvert B. .Archer, who re- 

 signed recently as superintendent of the Milford Rubber Co., is 

 president; John T. Callahan, vice president, and C. E. Jones, 

 treasurer and clerk. 



The Osius Chemical Co., Inc.. is a new company engaged in 

 the manufacture of dental vulcanite and dental specialties at Mus- 

 kegon, Michigan. They manufacture also some of the chemical 

 preparations of Dr. Frederick Osius, who is president and super- 

 intendent of the company. Mr. R. Osius is secretary and treas- 

 urer. The office of the company is at No. 125 Monroe street, 

 Grand Rapids. Michigan. 



IKPROViaCENTS AND ADDITIONS. 



The improvements and additions made by the Apsley Rubber 

 Co. (Hudson, Massachusetts) during 1906 include a six story 

 addition; no x 60 feet, to their shoe factory; an extension of 

 their box and last factory, in which is embraced a storehouse 

 capable of storing 300,000 blocks for making lasts ; and a line of 

 coal pockets, convenient to the Boston and Maine railroad tracks, 

 large enough for 5000 or more tons -of coal. 



The Boston Woven Hose and Rubber Co. has purchased a lot 

 of land equal in area to that which the factory now occupies at 

 Cambridge, Massachusetts, and on this will soon erect several 

 large buildings. 



George Borgfeldt & Co., the extensive New York importers — 

 whose stock embraces hard and soft rubber goods — announce 



