76 



THE INDIA RUBBER WORLD 



[November i, igo8. 



News of the American Rubber Trade. 



AFFAIRS OF THE UNITED STATES RITBBER CO. 



THE United States Rubber Co. are reported to be consider- 

 ing a plan for a long term note issue for the purpose of 

 taking up the $4,500,000 Boston Rubber Shoe Co. debentures 

 and $8,000,000 of United States Rubber Co. refunding notes, 

 and increasing the company's working capital. The refunding 

 notes fall due in September, 1909, and the Boston Rubber Shoe 

 Co. debentures in September, 1910. Either issue, however, can 

 be retired at par on any interest date. The United States 

 Rubber Co. were reported lately to be operating to 80 or 85 

 per cent, of their normal capacity. 



NEW YORK BELTING DEBENTURES. 



XoTiCE has been given of the drawing of 310 debenture bonds 

 of iioo each of the New York Belting and Packing Co., Limited, 

 for redemption in accordance with the condition of the sinking 

 fund contained in a deed of trust of the said company to the 

 Knickerbocker Trust Co., dated February g, 1891. Payment of 

 the bonds is to be made on or after January i, 1909, at the 

 rate of $533.50 for each bond. The company on becoming an 

 English corporation, in 1901, issued 6 per cent, sterling first 

 mortgage debentures to the amount of £225.000 [=$1,094,962.50]. 

 The amount to be retired as above stated is $150,861.50. The 

 amount still outstanding is not now possible to state. 



NEW JERSEY RUBBER SPECIALTY CO. SOLD. 



The plant and business of the New Jersey Rubber Specialty 

 Co. (Milltown, N. J.) has been sold to the J. Elwood Lee Co., of 

 Conshohocken, Pennsylvania. Clement E. Eckrode, one of the 

 proprietors and hitherto manager of the Specialty company will, 

 it is understood, continue the plant in operation for some time 

 under the new management, after which the business will be 

 transferred to Conshohocken. The J. Elwood Lee Co. are 

 understood to be controlled by Johnson & Johnson, of Milltown, 

 SO that the new deal marks another step in the extensive op- 

 erations of this great drug firm. It is assumed that the plant 

 of Specialty company will in time be absorbed by the Michelin 

 Tire Co., whose extensive works it adjoins. 



WILKIE RUBBER MANUFACTURING CO. 



The Wilkie Rubber Manufacturing Co. (Lynn, Massachusetts), 

 the incorporation of which was reported in the last India Rub- 

 ber World, are to succeed the Spinney-Wise Co., of the same 

 city. About 19 years ago the firm of Nulchur & Spinney became 

 Spinney, Virtue & Co., through the entrance of George H. 

 Virtue. He retired in 1896, and the firm became reorganized as 

 Spinney, Wise & Co., Mr, Wise having been in management ot 

 the factory. The business was incorporated July 31, 1905, as 

 the Spinney- Wise Co., with Robert J. Wilkie president — a posi- 

 tion which he will fill in the new corporation. They are manu- 

 facturers of hard and sofe rubber goods for mechanical and 

 electrical purposes. It is understood that the factory will be 

 removed to Saugus, Mass. 



HUTTON & LAPWORTH STARTING. 



The electric webbing factory of the new firm of Hutton & 

 Lapworth, at Brockton, Massachusetts, is now in readiness, on 

 the premises occupied at one time by the Standard Rubber Co. 

 The members of the firm are Fred W. Hutton, formerly of the 

 Old Colony Rand Co., of Brockton (who will have charge of the 

 selling department), and Charles Lapworth, formerly of William 

 Lapworth & Sons, ff Milford, Mass. (who will be in charge of 

 the manufacturing). All the machinery will be operated elec- 

 trically. [The Standard Rubber Co. started in a small way 

 in 1881 in the manufacture of rubber clothing and gradually 

 built up an important business. They were reorganized suc- 

 cessively as the Standard Co. and the Standard Rubber Corpora- 



tion, and made an assignment at the end of 1900, The manu- 

 facture of rubber clothing was never revived on the premises, 

 which have been for the most part idle until now.] 



FACTORY EXTENSION AT WALPOLE. 



The Massachusetts Chemical Co. are building an addition to 

 their factory at Walpole, Massachusetts, comprising some 15,000 

 square feet of floor .space, to accommodate their insulating tape 

 department, which continues to grow. The tapes manufactured 

 by this company, as a result of close attention to the needs of the 

 electrical trade backed up by patient research work in the labora- 

 tory and the cooperation of a well-equipped plant, have been for 

 many years well and favorably known for their high initial 

 and permanent quality. 



BERRODIN RUBBER CO. (PHILADELPHIA). 



The Berrodin Rubber Co. have been incorporated under the 

 laws of Pennsylvania, with $10,000 capital. They have bought 

 out the Philadelphia Auto Tire and Rubber Co., a partnership 

 consisting of Sanders Levy, Jeannette, Pa,, and Frank Berrodin 

 and Saul Le\'y, of Philadelphia, and their branch at Buffalo, 

 New York, and will continue their G & J tire agency in the 

 two cities. The officers of the Berrodin Rubber Co. are : W. A. 

 MacCalla, president; Sanders Levy, vice-president; H. K. Buck, 

 secretary ; Frank Berrodin, treasurer and general manager. The 

 object of the company is to sell and repair automobiles and 

 bicycle tires, and to add in the near future the sale of a full 

 line of mechanical rubber goods. The Philadelphia address is 

 Nos. 713-715 North Broad street; that of the Buffalo branch, 

 No. 912 Main street. 



UNITED STATES RUBBER CO.— DIVIDENDS. 



The board of directors of the United States Rubber Co. on 

 October i declared from net profits a quarterly dividend of 2 

 per cent, on the first preferred stock, and a quarterly dividend of 

 I'/z per cent, on the second preferred stock of the company, 

 payable October 31. 



TRADE NEWS NOTES. 



The Diamond Rubber Co.'s new Boston branch, of which a 

 view appears in another column, is one of the largest rubber 

 stores in existence, carrying not only their rubber tires in stock, 

 but other products of the factory. 



The Goodyear Rubber Co., at the beginning of the month 

 started their rubber shoe factory at Middletown, Connecti- 

 cut, on a full time schedule, after having been running at a re- 

 duced rate during the summer. 



Mr. E. H. Cutler, for many years connected with the rubber 

 footwear trade, has become treasurer of The Consolidated Manu- 

 facturing Co. (Hartford. Connecticut), among whose special prod- 

 ucts are the "Feel Fine" air heels. 



I. B. Kleinert Rubber Co. (New York) have been allowed a 

 customs drawback on dress shields made by them in part from 

 "garment," "garment silk," and "garment double silk," amounting 

 to 99 per cent, of the import duties collected on the goods 

 referred to. 



The Quaker City Rubber Co. (Philadelphia) are reported 

 to be having estimates made on a one-story addition to their 

 plant 60 X 138 feet. 



The Republic Rubber Co. (Youngstown, Ohio) have com- 

 pleted an important order for fire hose for Peoria, Illinois, which 

 was sent by express in view of the pressing necessity for the 

 supplies. 



The Seamless Rubber Co, (New Haven, Connecticut) are to 

 make an addition to their plant by the erection of a one-story 

 brick building, 90 x 200 feet, on Congress avenue, to be used 

 as a shipping office. 



