June i, 1907.] 



THE INDIA RUBBER WORLD 



289 



News of the American Rubber Trade. 



SALE OF MILWAUKEE RUBBER WORKS. 



THE assets of tlio Milwaukee Rubber Works Co. (Cudahy, 

 Wisconsin), in bankruptcy, were purchaseJ on May 6, 

 at a sale authorized by the referee in bankruptcy, by 

 parties who will continue the factory in operation under the 

 style Federal Rubber Co. .Additional land has been secured 

 and it is planned to triple the capacity of the plant by adding 

 buildings and equipment to the cost of appro.\iniately Sioo.ooo. 

 The new company expect to control the rubber reclaiming 

 process recently patented by \\'. K. Koncnian. of Chicago, for 

 which a special plant is now being constructed. The details of 

 the new corporation have not been perfected, but it is expected 

 that the capital stock of the Federal Rubber Co. will amount 

 to nearly $1,000,000, subscribed by the wealthiest citizens of Mil- 

 waukee, of which city Cudahy is a suburb. 



The Milwaukee Rubber Works Co. was incorporated March 

 3, 1903, under the laws of Wisconsin, with $100,000 capital, and 

 in the same year erected a factory and began the manufacture 

 of tires and mechanical goods. On March 21, 1906, a petition 

 in involuntary bankruptcy was tiled against the company by 

 William Becker (since deceased) and others. Mr. Becker, who 

 had become president a year or more before, had a claim against 

 the company of $100,000 for money advanced. The Milwau- 

 kee Trust Co. was appointed receiver in bankruptcy and the 

 factory was continued in operation under orders from the court. 

 At the first meeting of creditors the Milwaukee Trust Co. was 

 elected trustee. The rubber company's assets were appraised 

 at $166.935.35 '/• and the liabilities at $254,369.68. 



W. W. Wildman. who latterly was general manager of the 

 old company, will till tlie same position with the Federal Rub- 

 ber Co.. inccrpiiration papers for which were t'lled on May 10. 



TVER RUBBER CO.— FACTORY ENLARGEMENT. 



The Tyer Rubber Co. (Andovcr. Massachusetts) are plan- 

 ning to make extensive additions to their factory this summer, 

 and have already placed the contract for the new buildings which 

 Marr Brothers, of Boston, the architect for the same being 

 Henry J. Preston, who designed their present factory. The 

 additions include a general enlarging of their entire plant and 

 call for additional washers, shecters. mills, calenders, vulcan- 

 izers. presses, and increased machine shop facilities, together 

 with another cross compound condensing engine, cooling tower, 

 and additional vacuum pump, and cistern of reenforced con- 

 crete holding go.ooo gallons, connected with another fire pump. 

 The completed fire protection system will permit 18 streams of 

 water to be played upon any part of the building. The same 

 sprinkler system will be installed in the new building as in 

 the old. The entire plant will be lighted electrically, an.d part 

 of the machinery will be run by electricity. The steam boiler 

 capacity will be i.ooo h.p. The present No. i mill will be 

 raised one story: the Xo. 3 mill, five stories high, will be ex- 

 tended 100 feet, and there will be an additional foundry, new 

 compounding room, enlarged engine room, and additions to 

 the sun bleachery and laboratory. The old cement house will 

 be replaced by a new one built of brick, without the use of any 

 wood. The contract calls for the completion of this work by 

 .August 15. after which the company will be using four acres of 

 floor space in the manufacture of "Tyrian" rubber goods and 

 give employment to about Soo operatives. 



MATTSON RUBBER CO.— CHANGE OF LOCATION. 



TnK Mattson Rubber Co. are equipping a model rubber fac- 

 tory at Lodi. Xew Jersey, for the manufacture of their patented 

 speciahies. a general line of mold work, and unvulcanized stocks. 

 The company, having purchased the property, are fitting up 

 the buildings in first class condition, including an up-to-date 



automatic sprinkler system. The works are expected to be in 

 operation by July 1. The Mattson Rubber Co. had occupied 

 part of the extensive factory of the Hardman Rubber Co. (Belle- 

 ville, Xew Jersey) prior to the destructive first of March i last, 

 since which time they have been running a temporary plant at 

 Jersey City, all orders having proper attention in the mean- 

 time. The company maintain a Xew York distributing depot 

 for automobile tire repair materials at Xo. 981 Eighth avenue. 

 Lodi is on a branch of the Passaic river, not far from Passaic. 

 X. J., which has become an important rubber manufacturing 

 center. 



Hardman Rubber Co., manufacturers of hard rubber goods, 

 advise The Indi.v Rubber Woki.u that they are rebuilding their 

 factory, which was burned at Belleville, and expect to have it 

 complete and equipped and ready for work by July t. 



INCREASE OF CAPITAL AT LA CBOSSE. 



At a recent meeting of the shareholders of La Crosse Rubber 

 Mills Co. (La Crosse, Wisconsin) it was voted to increase the 

 capital stock to $500,000. This company was incorporated early 

 in 1897, with $40,000 capital, and began operations in April of 

 that year, manufacturing mackintoshes. The business of the 

 company has grown steadily from the beginning, under the direc- 

 tion of Mr. George S. Andrus, the general manager. In Oc- 

 tober, 1905, the manufacture of rubber footwear was taken 

 on. and various other additions to the list of products have 

 been made from time to time. 



ST. PAUL RUBBER CO.— INCREASE OF CAPITAL. 



The St. Paul Rubber Co. (St. Paul, Minnesota) have 

 amended their articles of incorporation to provide for an in- 

 crease of capital stock from $75,000 to $150,000. of which it is 

 understood that $100,000 has been paid in. This business was 

 organized 30 years ago as the first rubber jobbing house in 

 the Xorthwest, west of Milwaukee, and has experienced a 

 steady growth from the beginning. They carry lines of rubber 

 footwear and clothing and druggists' sundries, and are north- 

 western agents for the .American Rubber Co. 



MANUFACTURED RUBBER CO.'S ANNUAL. 



At the annual meeting of shareholders of the Manufactured 

 Rubber Co. (Philadelphia) on May 8. at the registered offices 

 of the company in Camden, Xew Jersey, the directors were 

 reelected — Clayton E. Piatt, John S. Arndt, George G. Peter- 

 son. J. P. Cunningham. Edward J. Dumee and G. H. B. 

 Martin. The net profits for the year ending January 31 last 

 were $15,307. The company operates a rubber reclaiming plant 

 at Metuchcn, X. J. 



THE TRADE AT OMAHA. 



The Omaha Rubber Shoe Co. (Omaha, Xebraska), incor- 

 porated in January, 1902, to wholesale rubber footwear, have put 

 in "everything in rubber," and are now agents for well known 

 factories in different lines. President E. H. Sprague states that 

 the published reference to the enlargement of their store was 

 incorrect, though they need more room and are looking for 

 larger quarters. 



FAILURE IN THE JOBBING TRADE. 



At a meeting of some of the larger creditors of Glaskin- 

 Comstock Co., wholesalers of rubber goods and mill supplies, 

 of Duluth. Minnesota, a committee was appointed to investigate 

 their affairs, composed of Raymond B. Carter, who has been 

 contiected with The Gutta Percha and Rubber Manufacturing 

 Co., and John E. Fowler, of the St. Paul Rubber Co. The 

 committee valued the assets of the firm at $48,836.53, liable to 

 depreciation to the extent of $5,500, with liabilities of $49,361.98. 

 In accordance with the committee's report, the creditors have 

 decided that the business should not be continued but that 



