M w i, 1903.] 



THE INDIA RUBBER WORLD 



279 



NEWS OF. THE AMERICAN RUBBER TRADE. 



EUREKA RUBBER MANUFACTURING CO. 

 'T^HE plant of this new company, at Trenton, New Jersey, 

 is now completed and is in every respect an up-to date, 

 modern factory. The main building is a three story 

 brick with a tower, 308x55 feet There is in addition 

 to this, a brick storehouse, 100x60 feet ; a dry heater for car- 

 riage cloth ioox 55 feet ; and an engine and boiler house 60x80 

 feet. The power equipment consists of a Watts-Campbell 

 compound condensing tandem engine, capable of developing 

 1000 HP., although at the present time the company are using 

 about 500 h. p. The boilers were built by William R. Thropp 

 (Trenton), and are four in number, furnishing 600 11. p. The 

 mixing mills are 15 in number, 18x50, of Farrel make. The 

 sheet calenders, which are 22x60, are of Farrel and Birming- 

 ham makes. In addition to these there is a 3 platen belt press 

 (30 feet X 4 2 inches), together with seven hydraulic presses for 

 mold work. The factory has its own electric lighting plant, 

 for which is run a special 

 direct connected engine. 

 For fire protection, in ad- 

 dition to the usual fire 

 pumps, the mill is very 

 thoroughly sprinkled, the 

 International system being 

 used. Nothing seems to 

 have been forgotten in the 

 making of a complete and 

 practical mechanical goods 

 plant, as may be seen by 

 examination of the factory 

 proper, the carpenter and 

 machine shops, and the re- 

 claiming plant and is fur- 

 ther evidenced by a railroad 

 siding close to the ample 

 storehouse and entering the 

 boiler house. 



FACTORY OF THE EUREKA RUBBER MANUFACTURING CO 



CANADIAN RUBBER CO. OF MONTREAL. 

 At the adjourned annual meeting of shareholders on April 8 

 the following board of directors was elected : H. Montagu 

 Allan, J. B. Learmont, C. F. Smith, Andrew A. Allan, J. O. 

 Gravel, F. C. Henshaw, Hugh A. Allan, and H. Markland 

 Molson. At a subsequent meetingof the directors the officers 

 were reelected, as follows: H. Montagu Allan, president ; J. B. 

 Learmont, vice president ; and E. A. Wright, secretary-treas- 

 urer. Mr. D. Lome McGibbon was elected general manager. 



BOSTON WOVEN HOSE AND RUBBER CO. 

 The company have filed with the Massachusetts commis- 

 sioner of corporations the following statement of their condi- 

 tion as of date September 1, 1902 : 



ASSETS. 



Land and buildings $ 265,300 



Machinery 300,000 



Cash and debts receivable 525,080 



Stock in process 480,329 



Patent rights 10,000 



Total. $1,580,710 



LIABILITIES. 



Capital stock $1 ,200,000 



Debts 200,000 



Reserves 32,010 



Balance profit and loss 88,099 



Total $1,580,710 



NEW ENGLAND RUBBER CLUB. 

 The annual spring dinner will be given in Boston on the even- 



ing of May 15. The dinner and entertainment committees be- 

 lieve that they have arranged for ah entertainment that will 

 be the equal at least of any dinner in the history of the Club. 

 Full particulars will be mailed to members and friends in a few 

 days. 



DRESSER & CO. WILL PAY IN FULL. 



At a meeting of creditors of Dresser & Co. (New York), com- 

 mission merchants in hosiery, silks, and elastic webbing, on 

 April 8 — the failure of which firm was announced in The 

 India Rubber World last month — it was announced that 

 their claims would be paid in full. A statement was made of 

 the assets and liabilities, which showed liabilities of $1,178,- 

 057, of which $751,000 are unsecured and $427,047 secured, and 

 assets of $316,327. It was stated in behalf of Mr. Daniel Le 

 Roy Dresser, the senior member of the firm, that within 90 

 days from April 7, the sum of $850,000 in cash would be de- 

 posited with the Knickerbocker Trust Co., in trust for all 



creditors, to be applied to 

 the payment of unsecured 

 claims against himself or 

 the firm. He was assured 

 that at least $500,000 would 

 be deposited within 30 

 days. It was agreed by the 

 creditors that the bank- 

 ruptcy proceedings should 

 be dismissed and the busi- 

 ness restored to the control 

 of the firm as soon as the 

 necessary legal formalities 

 ■ could be complied with. 

 The creditors then offered 

 to deduct 10 per cent, from 

 their claims, to be applied 

 to the legal expenses in- 

 curred and the expenses of 

 the receivership. Mr. Dres- 

 ser has some very wealthy relatives, but it is understood that 

 their aid was not required in thearrangementmentioned above. 



COMBINATION RUBBER AND BELTING CO. 

 The Combination Rubber and Belting Co. (Bloomfield, New 

 Jersey) in addition to their general line of mechanical goods, 

 are making a decided specialty of belting of all kinds, partic- 

 ularly mining and conveyor belling. They have recently opened 

 a sales room and offices at No. 198 Randolph street, Chicago, 

 Illinois. 



THE PROVIDENCE RUBBER STORE. 



The firm of Studley & Co., proprietors of the original 

 "Providence Rubber Store " (Providence, Rhode Island) — es- 

 tablished in 1857— is going out of existence. The business will 

 be continued, wholesale and retail, by Edward R. Young, who 

 has been with the house for twenty seven years, first with A. C. 

 Eddy & Studleys, then Studley Brothers, and latterly Studley 

 &Co. 



NEVER MADE A TIRE. 



James B. Kellogg, twice convicted in connection with 

 "get-rich-quick" schemes, was examined on April 13 in 

 New York, on a charge of using the mails for fraudulent pur- 

 poses, the case being the one referred to in the last India Rub- 







