THE INDIA RUBBER WORLD 



[April I, 1907. 



THE RUBBER TRADE AT TRENTON. 



BY A KESIDENT CORRESI'ONDENT. 



TRENTON has another new rubber concern in the Standard 

 Rubber Manufacturing and Supply Co., which was incor- 

 porated lately and has already commenced business. For the 

 present it will be a selling company exclusively. The authorized 

 capital is $100,000, of which $75,000 is common stock and $25,000 

 cumulative 6 per cent, preferred. The incorporators were Stephen 

 C. Cook and Charles L. Conard, of Trenton ; Ignatius Le Jambre, 

 of Bordentown; and .Mhert A. Taylor, Jr., of Allentown, N. J. 

 John M. Wright and A. Crozer Reeves, of Trenton, are stock- 

 holders. The concern was organized by electing Mr. Cook, 

 president; Mr. Wright, secretary: and Mr. Reeves, treasurer. 

 It controls several patents and will handle a line of specialties. 

 one of which will be rubber blankets for newspaper presses. 



This company succeeds the Standard Rubber Co., also of Tren- 

 ton, for which a receiver has been appointed. The new company. 

 however, has no connection whatever with the old Standard. 

 Carroll Robbins, of Trenton, has been made receiver for the 

 latter concern, and its affairs will be wound up. James D. Brady, 

 of Trenton, was one of the moving spirits in and president of 

 the old Standard. It is understood its financial troubles were due 

 to his identification with the Consolidated Supply Co., of Syra- 

 cuse, New York, which, it is said, is al.so bankrupt. 

 * * * 



The .-Xtlas Rubber Co., of Trenton, was incorporated under the 

 New Jersey laws on March 9. The incorporators are State Sen- 

 ator Barton B. Hutchinson, Harry R. Wilson, and Rachel Sum 

 mer, all of Trenton. The authorized capital is $125,000. The 

 charter says the object of the company is the manufacture and 

 sale of rubber goods. Representatives of the new corporation 

 state that they are not yet ready to announce their plans. It is 

 learned, however, that the erection of a factory in Trenton is 

 planned. It is said that aside from Senator Hutchinson the in- 

 corporators named appear only as representatives of other in- 

 terests. It is understood that J. Oliver Thorp, superintendent 

 of the United and Globe Rubber Manufacturing Cos., of Trenton, 

 and Malcolm Salter, assistant superintendent of the same com- 

 pany, will be identified with the new company. 



Clifford H. Oakley, secretary and general factory manager of 

 the Ajax-Grieb Rubber Co., has resigned his position. He is 

 succeeded by Louis Detribats, formerly of New York, and who 

 has been with the Ajax-Grieb company since the consolidation 

 of the two concerns a few months ago. Mr. Oakley had been 

 with the Grieb company seven years. He has not made public his 

 future plans except that he will incidentally and in connection 

 with W. F. Bambridge, formerly New England sales agent of 

 the Grieb company, continue the manufacture and sale of rubber 

 specialties for the shoe trade, operating as the Essex Rubber 

 Co., with headquarters in Trenton. 



The Automobile Wheel and Rim Co., the registered ofiice of 

 which is in Jersey City, has filed a certificate with the secretary 

 of state at Trenton amending its charter by increasing its author- 

 zed capital stock to $500,000. 



Mr. C. Kirkpatrick, of the Gorham Rubber Co., representing 

 The B. F. Goodrich Co. here, states that business in the rubber 

 line continues to increase so that it has been nearly double what 

 it was last year at the same time. It seems that as fast as one 

 demand is supplied new demands spring up and the demand from 

 the old sources increase. San Francisco is a city of new enter- 

 prises and new life and activity and there is a call for rubber 

 products such as has never before been known. The most re- 

 markable business is being done in the rubber sundries line, the 

 manufacturers having been unable to supply the demands of the 

 trade. Next in importance of the high paying products have 

 been automobile tires. 



The Sterling Rubber Co."s traveling salesmen arc sending in 

 good orders, and the management reports that business in all 

 lines is good. They say that stocks are coming in now in better 

 shape from the railroads, which is making conditions much pleas- 

 anted for the trade. 



The Harris Rubber and Supply Co., a new concern, in a new 

 store at Polk and Turk streets, has been doing a good business 

 from the start. It is a general rubber supply house with a com- 

 plete vulcanizing plant. They are the uptown agents for the 

 Goodrich tires in San Francisco. 



THE RUBBER TRADE IN SAN FRANCISCO. 



BY .\ RESIDENT CORRESPONDENT. 



THE large new permanent store of the Gorham Rubber Co. is 

 assuming substantial proportions and within two months 

 vvill be occupied by the company. It is a five story and basement 

 building, located at Nos. 26-30 Fremont street, where a full line 

 of belting, packing, and hose, tires, druggists' sundries, and foot- 

 wear will be carried. Negotiations are now under way for the 

 sale of the store in Oakland, because as soon as the San Francisco 

 building is completed the company's business will be concentrated 

 under one roof. 



THE RUBBER TRADE IN AKRON. 



EY .\ RESIDENT CORRESPONDENT. 



THE shareholders of the Diamond Rubber Co. met recently 

 to complete arrangements for the increase of the com- 

 pany's capitalization from $3,500,000 to $4,000,000. At another 

 meeting, to be held April 16, the capitalization will be raised 

 again to $5,000,000. The directors decided upon this course 

 about two months ago. 



Members of the Diamond Rubber Co. have acquired practi- 

 cally all of the $116,000 of capital stock issued thus far by the 

 Bryant Steel Wheel and Rim Co., of Columbus, Ohio. The 

 Bryant company make the Marsh rim, for which the Diamond 

 company have been sole selling agents, and which has been con- 

 structed especially for use with the Diamond detachable auto- 

 mobile tires. 



The Faultless Rubber Co. have about completed the removal 

 of their factory equipment to the new factory at Ashland, which 

 is expected to be in operation by April I. The company's em- 

 ployes were taken to Ashland recently in two special trains, to 

 give them an opportunity to look the town over, and about 50 

 of them, it is understood, will go to Ashland to live, taking their 

 families. An .Ashland manufacturer has become a large share- 

 holder in the company, acquiring the shares of a former director 

 who opposed the change of location. 



The Star Rubber Co., the incorporation of which was reported 

 in these notes last month, have begun the erection of an exten- 

 sive factory building in South Akron, with a view to making a 

 line of goods similar to that of the Faultless Rubber Co. Thus 

 the number of Akron's rubber factories will not be lessened. 



It is estimated that five-eighths of all the automobiles exhibited 

 at this season's automobile shows in the United States are equip- 

 ped with tires made in .Akron. The local tire manufacturers 

 made regular exhibits only at the national shows, but their tires 

 have been in evidence at all the local shows, such, for instance, 

 as that held at Cleveland during March. 



The Miller Rubber Co. offered for sale recently $50,000 each 

 in preferred and common stock, all of which was taken promptly 

 by local capitalists. Within the past few years a marked change 

 has come over the attitude of Akron investors in regard to the 

 rubber industry, and they now buy readily every share of stock 

 of the leading companies that happens to be available. 



Mr. Joseph W. Kelly has resigned as manager of the specialty 

 sales department of The B. F. Goodrich Co., after having been 

 in the Akron rubber business for 25 years, to devote the re- 

 mainder of his life to the advocacy of municipal ownership. 



