248 



THE INDIA RUBBER WORLD 



[April i, 1905. 



= Biirton R. Parker, who formerly occupied a similar posi- 

 tion with the Hartford Rubber Works Co., has been appointed 

 advertising manager for The Fisk Rubber Co. 



= Since the death of the senior member of the firm of Walker 

 & Gibson (Albany, New York), a house widely known to the 

 druggists' sundries trade, Mr. Frank Applin, one of the 

 younger men in the house, has been rapidly advanced, both in 

 the management and the buying, and has been doing some ex- 

 cellent work. 



= The United States Rubber Co., it is reported, have retired 

 recently $2,000,000 of their 5 per cent, funding notes, making 

 a total of §4.000,000 retired of the total issue of $12,000,000 

 made in the spring of 1902. It is understood that the remain- 

 der of the loan has been refunded on terms very favorable to 

 the company. There has been not a little speculation among 

 holders of preferred stock as to the possibility of the declara- 

 tion of a dividend at a regular meeting of the board in April 

 sufficient to make a total of 8 per cent, for the fiscal year. 



= The Harburg and Vienna India-Rubber Co., New York 

 agency. No. 350 Broadway, New York, is the first agency estab- 

 lished in America by the Vereinigte Gummiwaaren-Fabriken, 

 Harburg-Wien, although some of their products have been im- 

 ported direct by several important houses in the past. This 

 agency is in charge of Messrs. C. H. Taylor and Edward A. 

 Schneider, two young men who have been employed for several 

 years in a large export house in New York. No stock will be 

 carried for the present, but plans for carrying stock are under 

 consideration. The new agency represents also the Galalith 

 products of a subsidiary company of the Harburg-Vienna con- 

 cern. 



= The factories of the United States Rubber Co. at Nauga- 

 tuck, Connecticut, closed on March 30, and the first " ticket" 

 of boots and shoes will be made on April 5. The shutdown 

 will be only four days, which are required for certain repairs to 

 plant. 



=An involuntary petition in bankruptcy was filed in the 

 United States district court at Chicago, on March 3, against the 

 Illinois Rubber Co., a rubber goods jobbing house, at Nos. 258- 

 260 Franklin street, Chicago. The Equitable Trust Co. was 

 appointed receiver. The liabilities have been reported at $50,- 

 000 and the assets at $25,000 to $30,000. Thecreditorsare largely 

 Eastern firms. The company was incorporated in 1893, under 

 Illinois laws, with $25,000 capital. 



= The Williams Electric Machine Co. (Akron, Ohio), of 

 which H. B. Camp is president and H. A. Williams general 

 manager, and which has done some work in supplying rubber 

 factories, report a large number of sales during the past month 

 of their electric clutches, among their customers being a state 

 university, a brass rolling mill, an engraving company, and a 

 large clay manufacturing company, which shows the diversified 

 applicability of these clutches. 



= What is reported to be a strong amateur baseball team has 

 been organized in the office of The B. F. Goodrich Co. (Akron 

 Ohio), with George Harty manager, and is prepared to arrange 

 games with other teams of its class in or near Akron. 



= C. B. Raymond has resigned his position as manager of 

 the Akron factory of the American Hard Rubber Co., and 

 will become assistant secretary of The B. F. Goodrich Co., R. 

 P. Marvin still retaining the position of secretary, which he has 

 filled for so many years. 



= Mr. Thomas McIlroy,Jr., manager of The Gandy Belting 

 Co., (Baltimore, Maryland), a position which he has held for 

 five years past, after having been long engaged in the rubber 

 trade in Canada and the United States, sailed on the Caronia 

 from New York on March 11, for a prolonged visit to Europe. 



Mr. Mcllroy recently made a business trip to Mexico, and his 

 versatility is further indicated by the appearance in the Toronto 

 (Ontario) Sunday World, from his pen, of an interesting de- 

 scription of a bullfight which he witnessed, together with an 

 interview with a famous matador. 



= Two arrests were made by the police of Bristol, Rhode 

 Island, on March 6, following an investigation set on foot in 

 view of the suspected theft of shoes from the factory of the 

 National India Rubber Co. One of the prisoners, Albert H. 

 Penno, employed in the packing department, is charged with 

 the theft of 600 pairs of rubber and tennis shoes, valued at 

 $330, and Hyman Yalisavetzsky, the keeper of a small notion 

 store, is charged with receiving stolen property. Penno con- 

 fessed the theft, saying that he was constantly in debt to the 

 notion dealer, while the latter admitted buying some of the 

 goods, which were found in his possession, but denied know- 

 ing them to have been stolen. 



=The Canadian .^(anu/aciurer %3i^s : " The American Chicle 

 Co., Toronto, will erect a factory at a cost of $30,000 to manu- 

 facture chewing gum." The company have had a Toronto fac- 

 tory from the date of their incorporation and the report referred 

 to doubtless relates to an extension. 



=The suit of Charles A. Place, of New York, to recover 

 $27,000 from the Metropolitan Rubber Co., alleged to be due 

 him as salary as president of that company and unpaid, was 

 tried by a jury before Judge Holt in the United States circuit 

 court at New York early in March, and resulted in a verdict 

 for Mr. Place of $14,250 and interest. Details in regard to Mr. 

 Place's claim and the winding up of the Metropolitan Rubber 

 Co. were given in The India Rubber World of January and 

 February 1903. 



A Correction. — An error was made in the last issue of this 

 Journal [page 209] in referring to Mr. Robert E. Hotchkiss as 

 having gone from Liverpool to the Russian-American India- 

 Rubber Co. (St. Petersburg). Mr. Hotchkiss has become su- 

 perintendent of the boot and shoe department of the North 

 British Rubber Co., Limited. 



GOSHEN RUBBER WORKS (GOSHEN, INDIANA). 



An involuntary petition in bankruptcy was filed against this 

 company on March 17 in the United States district court at In- 

 dianapolis, Indiana, by attorneys representing N. Z. Graves & 

 Co. (Chicago branch), dealers in supplies, on a claim for 

 $2728.31. Albert G. Harlin, of South Bend, Indiana, was ap- 

 pointed receiver, under bond of $20,000. The assets are stated 

 to be $109,000 and liabilities $58,000. A representative of 

 a creditor of the company advises The Indi.\ Rubber World : 

 " Our understanding is that negotiations are pending for a set- 

 tlement of this matter and it is improbable that any further 

 proceedings will be taken. The Goshen Rubber Works claim 

 to have practically completed arrangements for a bond issue of 

 $80,000, from the proceeds of which they expect to pay all of 

 their indebtedness and secure a working capital to enable them 

 to carry on their business." 



THE CANADIAN RUBBER CO. OF MONTREAL. 



At the annual meeting of this company, at Montreal, on 

 March 9, Sir Montagu Allan, the president, in submitting the 

 annual report to the shareholders, stated that the company had 

 been able to pay a dividend of 5 per cent, for the preceding 

 year, this being the first dividend for some four years past 

 The entire organization of the company has been changed 

 meanwhile, and very few of the old officers or employes are 

 now with the company. The business of the company has 

 doubled during the past two years, and provision is being made 

 for a further increase, both by enlarging the facilities and by 



