242 



THE INDIA RUBBER WORLD 



[Aprii 



1903. 



00,000 TIRE SUIT. 

 Suit has been filed by the New Brunswick Tire Co. against 

 the Rubber Goods Manufacturing Co. claiming damages in the 

 sum of $300,000. It is alleged by the complainants that in 1889 

 an agreement was entered into by which their real estate and 

 manufacturing plant at New Brunswick, New Jersey, were to be 

 transferred to F. S. Smithers A: Co., brokers, of New York, act- 

 ing as agents for the Rubber Goods Manufacturing Co., for 

 $100,000, to be paid for in preferred stock of the latter concern, 

 at par. The transfer also included raw material and manufac- 

 tured goods, inventoried at $118,000 additional. The nature 

 of the suit, and of the details leading up to it, are similar to 

 those reported in another column in relation to the suit filed 

 against the same defendants by the National India Rubber Co. 



THE SIEMON HARD RUBBER CORPORATION. 

 The incorporation of this company at Bridgeport, Connecti- 

 cut, was mentioned in our issue of March 1, since which time 

 their plant has been put in operation for the manufacture of 

 insulation goods from a special material of high heat resisting 

 qualities. It is understood that the company have booked an 

 encouraging number of orders. The officers of the company 

 are : Carl F. Siemon, president and treasurer ; Herbert L. Smith, 

 vice president and superintendent ; [ohn Taylor, secretary. Mr. 

 Siemon was formerly associated with the Dickinson Hard Rub- 

 ber Co. (Springfield, Massachusetts) as manager and superin- 

 tendent, a position which he held for five years. The heads of 

 departments in the new company are men who have been as- 

 sociated with Mr. Siemon for a number of years. 



THE ALLING RUEBER STORES. 



NOYES E. Ali.ing. who for a number of years had been en- 

 gaged in selling rubber goods at Bridgeport, Connecticut, un- 

 der the name Ailing Rubber Co., on March 4 sold his interest 

 in that business to the Ailing Rubber Co., of New Haven, in- 

 corporated under Connecticut laws, May 9, 1901, with $6,000 

 capital. At the same time the capital stock of the corporation 

 was increased to $18,000, all paid in. This company now owns 

 the New Haven store, established in 1901, and the Bridgeport 

 store. The officers are : Noyes E. Ailing, president ; Arthur E. 

 Ailing, secretary and treasurer ; Ernest M. Jaycox, assistant 

 treasurer. The Stamford Rubber Co., of Stamford, is a separ- 

 ate corporation with $4100 capital. Noyes E. Ailing is presi- 

 dent and Clarence E. Ailing secretary and treasurer. The 

 Ailing Rubber Co., of Norwich — the parent house in this chain 

 of stores — is owned by Wilbur S. Ailing. The Ailing Rubber 

 Co., of Hartford, is a copartnership firm, consisting of Noyes 

 E. Ailing and Amos P. Mitchell, who purchased and succeeded 

 the business of the Crown Rubber Co., in December last. 

 THE MUNGER AUTOMOBILE TIRE CO. 



W. Holt Apgar, who was appointed receiver for this com- 

 pany in November, 1902. acting under an order of chancery, will 

 offer the effects of the company at public sale early in April, 

 the date for which has not been fixed. The receiver's inven- 

 tory places the assets of the company at $5000, consisting of 

 machinery, fixtures, and raw material. One of the principal 

 creditors is the Trenton Rubber Manufacturing Co. The Hun- 

 ger company was incorporated in April, 1902. 

 ASBESTOS INTERESTS. 



A party representing the New England and Canadian As- 

 bestos Co.. a Maine corporation, the capital of which is held 

 mainly around Fall River, Massachusetts, is now inspecting 

 the asbestos properties acquired by the company in Canada. 

 The party isaccompanied by Professor T. N. Dale, of the United 

 States geological survey, who is to supply a technical report. 

 The capital of the company is $1,500,000. G. Frank Allen is 



president, F. E. Hathaway treasurer, and James H. Waring 

 secretary — all of Fall River. Fred L. Smith, of Providence, R. 

 J., and late of the Byfield Rubber Co., is a member of the board. 

 The lands owned are in Broughton, Beaver, and Black Lake, 

 province of Quebec, Canada. The company originally was in- 

 terested in the asbestos mine at Eden, Vermont, which proved 

 a failure. 



UNITED STATES RUBBER CO. 

 The fiscal year of the company, which ended on March 31, 

 is generally understood to have been a very favorable one, as 

 regards the volume of business done. The factories have been 

 busily engaged throughout the year, and continue so, with large 

 orders ahead. The annual meeting is due on Tuesday, May 

 19.— =The following table represents the transactions in the 

 company's shares on the New York Stock Exchange since our 

 last reDort : 



DATES. 



Week ending Feb. 21 

 Wi rk ending Feb. 28 

 Week ending M ,r. 7 

 Wrek ending Mar. 14 

 \Yc, k ending Mar 21 

 Week ending Mar 28 



Common. 



RUBBER GOODS MANUFACTURING CO. 

 The sixteenth regular quarterly dividend of \)i per cent, on 

 the preferred shares, declared out of the company's earnings, 

 was payable on March i6.=^=The fourth annual meeting of 

 shareholders will be held at the registered offices of the com- 

 pany, in Jersey City, on Tuesday, April 14. Recent transac- 

 tions in the company's shares on the New York Stock Ex- 

 change have been as follows : 



A RUBBER FACTORY FIRE BRIGADE. 



The Eureka Fire Hose Co. have organized a factory fire 

 brigade, composed of their employes, for the protection of their 

 large plant at Jersey City, New Jersey, the " Rules and Regula- 

 tions" governing which are printed in a neat pamphlet, a copy 

 of which has been sent to The India Rubber World. This 

 contains considerable data of interest to manufacturers gener- 

 ally, and the publication as a whole is a model one. The or- 

 ganization referred to is to consist of a chief, fire marshal, en- 

 gineer, and six battalions, with a hose company, hook and 

 ladder company, salvage corps, and the entrance guard. 



MACHINERY BELTING FREE FOR TRIAL. 

 The offer of Graton & Knight Manufacturing Co. (Worces- 

 ter, Massachusetts), to send, free of charge, one of their supe- 

 rior oak tanned belts to any manufacturer who would like to 

 test it, is attracting a good deal of favorable attention. The 

 reputation of this fine old house is a guarantee of the excel- 

 lence of their belting, and that they will in the minutest re- 

 spect do exactly as they agree. Any of our readers who are 

 interested in securing the best of belting at the lowest possible 

 cost, would do well to write immediately to the Graton & 

 Knight Manufactuiing Co., accepting their offer as above. 



