322 



THE INDIA RUBBER WORLD 



[July i, 1907. 



business in the Spokane territory has been handled formerly 

 through the company's other Pacitic coast stores. Owing to the 

 increase of business in that territory it is now considered neces- 

 sary to put in a first class stock at Spokane. 



BOS:ON RUBBER SHOE CO. S AFFAIRS. 



The report of condition filed by this companiy as of March 31, 

 1907, with the Massachusetts state authorities, with the cor- 

 responding figures for the preceding year, is as follows : 



.\SSETS. 



March 31, March 31, 



1907. ipofi. 



Real estate $768,525.00 $768,525 



Machinery 375,SiSo6 375,5'S 



Merchandise and stock in process.... 4,394,856.51 3,540,003 



Casli and debts receivable 1,932,444.34 2,041,384 



Patent rights 2,000.00 



Special contract U. S. Rubber Co.... 4,800,000.00 4,800,000 



Miscellaneous 16,670.00 16,620 



Total $12,290,010.91 $11,542,047 



LI.MUI.ITIES. 



Capital stock $5,000,000.00 $5,000,000 



Accounts payable 706.146.11 428,114 



Funded debt 4,800,000.00 4,800,000 



Floating debt 650.000.00 



Interest on bonds not due 40.000.00 40,000 



Profit and loss 1,093.864.80 1,273.933 



Total $12,290,010.91 $11,542,047 



WOONSOCKET RUBBER CO.'S ATFAIES. 



The report of condition of the Woonsocket Rubber Co., filed 

 with the Massachusetts authorities as required of all corpora- 

 tions doing business in that state, for the year ending March 30, 

 1907, compared with the figures for the preceding year, is as 

 follows : 



.ASSETS. 



1907. igo6. 



Real estate $887,218 $897,543 



Machinery 281,745 292,842 



Material 2,918,842 2,429,542 



Cash and debts receivable 152,714 324,322 



Adjustment of inventory 1,198,994 1,198,984 



Loans receivable 1,800,000 1,800,000 



Miscellaneous 1,178 



Total $7,240,691 



LI.MilLITIES. 



Capital stock $3,000,000 



Accounts payable 631,927 



Special debt 1.800.000 



Surplus fi.xed 1,613.900 



Profit and loss 194,864 



$6,943,233 



$3,000,000 



185 



1,800,000 



1,613,900 



529,148 



Total $7,240,691 $6,943,233 



AMERICAN RUBBER CO.'S AFFAIRS. 



The report of condition filed as of March 31, 1907, by the 

 American Rubber Co. (Boston), with the Massachusetts com- 

 missioner of corporations, as required by law, embraces the fol- 

 lowing details : 



ASSETS. LI.\BILITIES. 



Real estate $188,008.22 Capital $1,000,000.00 



Machinery 136,927.22 Accounts payable.. 34.938-79 



Merchandise 1,813,843.27 Special bills payable 600,000.00 



Cash and receivables 668,989.25 Floating debt 200,000.00 



Special bills rec'ble 600,000.00 Surplus 865,784.01 



Miscellaneous .... 7.915. 17 Profit and loss.... 714,960.33 



Total $3,415,683.13 Total $3,415,683.13 



THE ROSENDAIX-EEDDAWAY COMPANY. 



An addition is being made to the plant of The Rossendale- 

 Reddaway Belting and Hose Co., Limited (Newark, New Jer- 

 sey), in the shape of a two-story building, 50x100 feet, to be 

 used for drying purposes. The company makes "Camel Hair" 

 belting, and also stitched canvas belting and linen fire hose, but 

 no goods into which rubber enters. Mr. Francis Reddaway, of 



F. Reddaway S: Co., Limited, of Manchester, England, is individ- 

 ually a shareholder in this company and chairman of its board, 

 but otherwise it has no connection with the Manchester firm. 

 The company dates from a visit made by Mr. Reddaway to 

 America some 15 years ago. 



THE RUBBER TIRE TRADE IN TEXAS. 



The Appel & Burwell Rubber and Tire Co. (Dallas, Te.xas), 

 formed in October, 1905, has a well-equipped vulcanizing plant, 

 and facilities for not only mending ordinary tire repairs, but re- 

 treading or completely rebuilding casings. Their plant is re- 

 ferred to as the only one of the kind in the Southwest. The 

 territory is large, but not yet much developed in the automobile 

 line. There are about 250 cars in Dallas, however, and the 

 niuiibcr is expected to double within a year. There are a num- 

 ber of stage lines in the western part of Te.xas which operate 

 from two to twenty motor cars each, equipped with rubber tires. 

 The firm are Southwestern representatives for the International 

 Rubber Co. (Milltown, New Jersey), and carry a wholesale 

 stock of automobile tires, bicycle tires, and solid rubber tires. 

 They employ a traveling salesman. 



J. SCHNURMAKN'S AMERICAN AGENCY. 



Felix S.-^lomon & Co., No. 140 Nassau street. New York, 

 have been made sole agents for the LTnited States and Canada by 

 J. Schnurmann, a prominent rubber scrap dealer of Downham 

 Mills, London. With a view to beginning his representation in 

 this country in an active manner Mr. Schnurmann has sent Mr. 

 Weber from his office to join the Messrs. Salomon for a few 

 months, to aid in placing various propositions regarding waste 

 rubber before dealers and manufacturers. 



ACKER PROCESS CO. TROUBLES. 



In the matter of Acker Process Co., bankrupt [see The Indi.\ 

 Rubber World, June i, 1907 — page 291], the trustee of the estate 

 has made petition to be allow-ed to offer at public sale the sev- 

 eral patents issued to C. E. Acker. The referee in bankruptcy, 

 E. A. S. Man, will grant a hearing on the petition on July i, at 

 No. I Montgomery street, Jersey City. A meeting of creditors 

 is called for the same time. The trustee reports in hand $175,- 

 368.65 and a first diviilend of 5 per cent, for the creditors is 

 suggested. 



ELECTRICITY IN A MALDEN FACTORY. 



The Boston Rubber Shoe Co. have decided to establish at 

 their Edgeworth factory one 350 kilowatt 600 volt alternating 

 current generator, to be used for power. It will be driven from 

 one of their cross compound engines which is not loaded to full 

 capacity. The current will be used to operate their washing 

 mills, dye house, machine shop, and printing office, all of which 

 are located at some distance from their existing power plant, and 

 also the Maiden Last Co. factory. A local electric company has 

 been contracted with for a certain amount of current for use 

 while the new apparatus is being installed. It is these plans 

 which, doubtless, have given rise to mistaken reports that the 

 Boston Rubber Shoe Co. purpose introducing electricity for 

 running their factories. 



MARTIN-EVANS CO. 



The Martin-Evans Co. was mentioned in the last lNm.\ 

 Rubber World (page 290) as succeeding the New York-Broad- 

 way Rubber Tire Co., but the change is only in name. The in- 

 terests in the new company are identical with those of the old. 

 The change of name was thought advisable on account of the 

 company going into automobile supplies, and no longer confining 

 itself exclusively to tires. The company will continue to handle 

 the New York-Broadway brands of solid tires (internal and 

 side wire) and "Tourist" inner tubes; also, the products of the 

 Firestone Tire and Rubber Co. (Akron, Ohio). The company 

 has a large pneumatic tire repair shop and facilities for applying 

 solid tires, at No. 1186 Bedford avenue, Brooklyn, and maintains 

 a New York office at No. 256 Broadway. 



