November i, 1902.] 



THE INDIA RUBBER WORLD 



61 



NEWS OF THE AMERICAN RUBBER TRADE. 



INTERNATIONAL RUBBER MANUFACTURING CO. 



THIS company have purchased the plant formerly owned 

 and operated by the U. S. Rubber Reclaiming Works, 

 at Provost street and Pavonia avenue, Jersey City, New 

 Jersey, for the purpose of manufacturing solid rubber 

 tires and a general line of mechanical rubber goods. They are 

 putting in the latest designs in machinery for the manufacture 

 of hose, belting, and the like, and hope to be able to begin the 

 marketing of such goods by December I. They are already 

 equipped for making tires and molded goods, having now in 

 operation nine 5 plate hydraulic presses for molded goods, 4 

 large vulcanizers for tires, etc. They are having erected two 3 

 roll and one 5 roll calender. The president of the company is 

 Berthold Loewenthal, and the secretary, treasurer, and general 

 manager is Edward B. Loewenthal. The New York office, at 

 Nos. 290-291 West street, is in charge of the general manager, 

 and the Chicago office, Nos. 160-162 Fifth avenue, in charge of 

 the president. The general superintendent of the factory is W. 

 T. Snowden, formerly with the Manhattan Rubber Manufactur- 

 ing Co. and the Plymouth Rubber Co. John W. Teller, some 

 time with the Diamond Rubber Co., and lately manager of the 

 New York office of the Pennsylvania Rubber Co., has been 

 appointed sales manager of the mechanical department, and 

 Samuel H. Robinson sales manager of the solid tire depart- 

 ment. The company's selling force includes also H. W. Har- 

 rison, L. F. Stillwell, and H. L. MacDonald. 



THE MANUFACTURED RUBBER CO. 

 At a special meeting of the shareholders, held on October 

 16 at Camden, New Jersey, it was voted to adopt a plan of re- 

 organization which involves an amended certificate of incorpo- 

 ration. The company was organized in May, 1899, with an au- 

 thorized capital of $6,000,000, divided into 20,000 cumulative 8 

 percent, preferred shares of $50, and 100,000 common shares 

 of $50. The 100,000 shares of common stock are to be ex- 

 changed for 50,000 shares of the new common stock, full paid 

 and non-assessable. The 20,000 shares of 8 per cent, cumula- 

 tive preferred stock are to be exchanged for an equal number of 

 shares at 6 per cent, cumulative preferred stock. The payment 

 of the call already made of $1 per share on the old preferred 

 stock was guaranteed by a syndicate which will receive as con- 

 sideration a certain amount of new common stock. The re- 

 maining shares of the new common stock will be retained in the 

 treasury for future use. The new board ol directors consists of 

 W. W. Gibbs, Charles W. Sloan, Joseph Appleton, Charles T, 

 Dunn, Clayton E. Piatt, Robert B. Baird (president of the Rub- 

 ber Trading Co., of New York) and John S. Windt. The com- 

 pany have been making reclaimed rubber for the past eighteen 

 months at Metuchen, New Jersey. 



HENRY SMYTHE (NEW YORK). 

 Several judgments having been entered against Henry 

 S iiythe.rubber broker, of No. 3 South William street. New York, 

 a meeting of his creditors was called and held at his office on 

 October 9, when, after a statement had been made of Mr 

 Smythe's affairs, it was resolved by unanimous vote that Wool- 

 sey Carmalt, attorney at law. No. 35 Nassau street, be appointed 

 trustee of all accounts receivable, stock on hand, etc., with an ad- 

 visory committee composed of Frank A. Dillinghan, Hermann 

 Reimers, and Dwight B. Cruikshank, to be consulted in regard 

 to the marketing of such stock — the resolution to be effective 



upon being ratified by all unsecured creditors. Mr. Smythe did 

 not ask for any release of claims against him. He only asked 

 time to realize on assets which he believed were sufficient to 

 discharge his indebtedness in full, but which were of such a 

 nature that they could not do so when administered through 

 an assignee in bankruptcy. 



RUBBER BELTING IN TENNESSEE. 

 The census returns of manufactures embrace details from 

 18 factories under the classification " Belting and Hose — Rub- 

 ber," including one in Tennessee. There is, of course, no rub- 

 ber factory properly so called in that state, but the census re- 

 turns embrace "value of product, including custom work and 

 repairing." The enumerators at work in Memphis appear to 

 have included the work done in putting up rubber belting by 

 Towner & Co., of thatcity, who are large dealers in such goods. 

 With this explanation, Tennessee is entitled to be credited 

 with one rubber factory, though no similar establishment in 

 any other state is classed under the same heading. 



AMERICAN VACUUM DRYING MACHINE CO. 

 This company has purchased the patent rights of the Alex. 

 P. Mende vacuum drying chambers, which have been men- 

 tioned in The India Rubber World as having been success- 

 fully employed in a number of rubber factories for the drying 

 of crude rubber. Mr. Mende is president of the new company. 

 Facilities have been secured at New Hamburgh, New York, for 

 the building of the apparatus. The New York office of the 

 company is at No. 120 Liberty street, where the apparatus 

 can be examined. The laboratory vacuum drying chambers, 

 15" X 18," with about two square feet of pan service, suitable 

 also for practical drying tests preparatory to ordering large 

 vacuum drying chambers, is for sale by Eimer & Amend, 

 wholesale druggists and manufacturing chemists, at Third 

 avenue and Eighteenth street. New York, and can be seen in 

 operation at their store. 



THE EUREKA FIRE HOSE CO. (JERSEY CITY). 

 Some improvements in the plant of this company now under 

 way will include the erection of additional buildings for the 

 extension of their various departments, and to meet the stead- 

 ily increased demand for their brands of fire hose. They have 

 decided to discard their present direct-current power transmis- 

 sion system and to adopt an alternating current system, in 

 order to reduce the cost of fire insurance when motors are 

 used in the presence of inflammable material. This step has 

 been taken on the advice of one of the largest insurance com- 

 panies. The new apparatus will include one 75 kilowatt belt- 

 driven alternator, furnishing two-phase current at 7200 alter- 

 nations and 220 volts; also exciter, switchboard equipment, 

 slide rails, rheostats, etc. A number of induction motors have 

 been purchased, including five of 15 H.P., one of 10 H.P., five of 

 5 HP., and three of 2 h.p. With these will be furnished a 

 switchboard panel completely equipped with instruments and 

 switches. The entire electrical equipment has been ordered 

 from the Westinghouse Electric and Manufacturing Co. 



THE AMERICAN BICYCLE CO. 

 At the date announced for the annual meeting at Jersey City 

 — October 14— there were not a sufficient number of sharehold- 

 ers present to form a quorum, and an adjournment was taken, 

 subject to a call by the shareholders. As mentioned in the last 

 India Rubber World, the company is in the hands of receiv- 



