July i, 1903 ] 



THE INDIA RUBBER WORLD 



355 



March 9, and as Dresser & Co. had become insolvent, the ap- 

 pointment of receivers was asked for, as a means of preventing 

 the shutting down of the business, which was in a prosperous 

 condition. The amount of the drafts referred to has not been 

 111 ide known. President Caldwell states that their issue had 

 been going on for some time, being practically the loan of the 

 company's name to Mr. Dresser, who for three years had been 

 the principal shareholder of the company and its financial back- 

 er and New Vork agent. The company is capitalized at $276,- 

 000. The shareholders are L. M. Cook, James M. Ripley, M. 

 H. Cook, D. I.e Roy Dresser, Alfred Caldwell, and G. M. Thur- 

 low. Mr. Caldwell is president and Mr. Thurlow treasurer. 

 Mr. Thurlow was general manager of the Narragansett Web 

 Co. (Newport, Rhode Island), prior to the purchase of that 

 business by the American Tubing and Webbing Co.. in 1901. 

 He explains his action as treasurer in issuing the drafts to 

 Dresser & Co. by saying that as Mr. Dresser was the chief 

 shareh jlder and was financially the company, his requests were 

 complied with, as it was supposed that they were all right. 



THE INDIA RUBBER CO. OF NEW JERSEY. 

 Within a few days a new corporation will be formed under 

 the laws of New Jersey with the above name, to form one of 

 the constituent companiesof the Rubber Goods Manufacturing 

 Co. The new company will succeed to the business of the India 

 Rubber Co. of Akron, Ohio, the factory of which was burned 

 in March last, and will not be rebuilt. The India Rubber Co. 

 of Akron as a corporation will not. however, be dissolved. The 

 new company will operate the factory at New Brunswick, New 

 lersey, owned by the Rubber Goods Manufacturing Co. This 

 factory, originally owned by the New Brunswick Rubber Co., 

 manufacturers of rubber shoes, passed into the control of the 

 United States Rubber Co. in 1892, and later was devoted by that 

 company to the manufacture of tires. Still later the plant was 

 acquired by the present owners. Work is now in progress in 

 preparing the factory for its new use, and it will be in operation 

 again by the end of summer. 



NEW INCORPORATIONS. 



The Fawkes Rubber Co. (Denver, Colorado), incorporated 

 May 25, 1903. under Colorado laws ; capital, $50,000, full paid. 

 Officers: Charles W. Enos, M. D., president ; John MacMillan, 

 vice president ; James N. Chipley (former state treasurer), sec- 

 retary and treasurer. Charles G. Fawkes is general manager. 

 The company have been formed to exploit the " Fawkes inde- 

 structible airless motor tire," for which United States patent 

 No. 682.977 was granted September 17, 1901. to Ernest A. Dib- 

 bens, of Denver, assignor to Charles G. Fawkes. The company 

 advise The India Rubber World: "At present we are man- 

 ufacturing the tires in Akron, Ohio, but if satisfactory freight 

 rates can be secured the probabilities are we shall erect our fac- 

 tory in Denver. Our new tire has been used in Denver on 

 carriages for nearly a year, and has proved eminently success- 

 ful." Office address : No. 1526 Stout street, Denver. 



=Continental Caoutchouc Co., incorporated June 23. 1903, 

 under New York laws ; capital $5000. Incorporators: William 

 Tischbein (of the Continental Caoutchouc- und Gutta-percha 

 Compagnie), Hannover, Germany ; Joseph L. Kahle and Marcell 

 Kahle, importers. No. 48 West Fourth Street. New York. 



■cAmerican Chemical Co., incorporated June 3. 1903, under 

 Maine laws, to buy and sell crude India-rubber, Gutta percha, 

 and naphtha ; capital, $25,000 ; nothing paid in. F. L. Dutton 

 president and E. F. Whittam treasurer — both of Augusta, 

 Maine. 



= Sterling Rubber Manufacturing Co., incorporated June 15, 

 953. under New Jersey laws, to manufacture rubber goods; 



capital, $300,000. Incorporators: Joseph F. Cotter, G. W. 

 Grand, and William F. Ridell. Principal office : No. 419 Mar- 

 ket street, Camden, New Jersey. 



= Froehlich Rubber Refining Co., June 5, 1903, under Penn- 

 sylvania laws ; capital, $9000. The treasurer of the company 

 is Jesse Froehlich. No. 1320 Jerome street, Philadelphia. 

 TRADE NEWS NOTES. 



The Boston Woven Hose and Rubber Co., on June 15 dis- 

 tributed their regular semi annual dividend of 3 per cent. 



— The Victor Rubber Tire Co. (Springfield, < )hio) have add- 

 ed a line of cushion rubber tires to their production. 



= Albert T. Morse, of A. T. Morse & Co., India-rubber mer- 

 chants (New York), attended a recent inscription sale at Ant- 

 werp. 



= The Rubber Trading Co. (New York) have enlarged their 

 quarters by taking the whole of the upper floor of No. 38 Mur- 

 ray street. 



= C. E. Mathewson has succeeded W. H. Nash as manager of 

 the Pacific Coast branch of the Diamond Rubber Co., in San 

 Francisco. 



= Several of the best retail houses in Ontario hold stock in 

 the new Meichants Rubber Co., Limited (Berlin, Ontario), 

 mentioned in these pages last month. It will be the company's 

 policy to confine their Ontario business strictly to the retail 

 trade. 



= The Milford (Massachusetts) Rubber Co., by increasing the 

 number of their employes, have put an end to night work, and 

 hope to be able to handle their orders during ten hour days 

 during the summer. 



= The Plant Rubber Co. (Minneapolis, Minnesota) were los- 

 ers to a slight extent by a fire on June 2, which damaged the 

 building, No. 202 Nicollet street, in which a portion of their 

 business is located. 



= The bursting of a flywheel 18 feet in diameter in the fac- 

 tory of the Gutta Percha and Rubber Manufacturing Co. of 

 Toronto, Limited, on May 30, caused the death of Albert 

 Holden, an employe, aged 25. 



= The rubber shoe manufacturers of Canada on May 15 

 changed the discount rate to retailers from 25(3 5 per cent, to 

 25 per cent. 



= The latest souvenir issued by the Eureka Fire Hose Co. 

 (Jersey City, New Jersey) is a pack of playing cards, the backs 

 of which are of a special design attractively incorporating the 

 well known "Eureka" trade mark. The "joker " also shows 

 the trade mark. The cards are packed in a case ornamented 

 with a view of the Eureka factory and are being distributed to 

 fire department officials throughout the country. 



= Harry T. Dunn, sales manager for the Fisk Rubber Co. 

 (Chicopee Falls, Mass.), sailed from Boston on June 2 for Lon- 

 don, having planned a vacation in Europe of two or three 

 months, during which he doubtless will also devote some at- 

 tention to pushing the new Fisk detachable automobile tire. 



= A petition in bankruptcy has been filed in the United 

 States court against the Edward G. Milbury Co., dealers in 

 oiled and rubber clothing, No. 38 Walker street. New York, 

 which concern since April 24 last has been in charge of a re- 

 ceiver appointed by the state court — Edward G. Milbury, presi- 

 dent of the company. The purpose of the new proceeding is 

 to inquire into the validity of certain claims against the estate. 

 The United States court has appointed William Ford L'pson 

 receiver. 



= Mr. William Burlingham has accepted an appointment as 

 chief engine designer with The B. F. Sturtevant Co. (Hyde 

 Park, Massachusetts), resigning a position in the United States 

 inspection office with the William R. Trigg Co. (Richmond, 



