268 



THE INDIA RUBBER WORLD 



[May 



1902. 



= The Cataract Construction and Power Co., of Niagara Falls, 

 have purchased a lot of land owned by the United States Rub- 

 ber Reclaiming Co., but not needed in the development of their 

 new reclaiming plant. 



= The Trenton Rubber Manufacturing Co. have moved their 

 New York office from No. 149 Church street to the Para build- 

 ing, corner of Duane and Church streets. 



= Fred D. Zeigler, who had been assistant cashier of the 

 Goshen Rubber Works (Goshen, Indiana) for some time, has 

 been elected manager and general superintendent, to succeed 

 Henry A. Middleton, resigned. 



=The Illinois Rubber Co. a jobbing firm, at No. 258 Frank- 

 lin street, Chicago, were damaged by fire on the night of April 

 12, to an extent reported at $5000. 



= The Brockton Rubber Scrap Co. (Brockton, Mass.), dealers 

 in rubber cement waste, are represented in Boston by William 

 C. Coleman, dealer and broker in old rubber. No. 170 Summer 

 street. 



=George H. Emmott, assignee of the Empire Rubber Co., 

 lessees of the Model Rubber Co.'s factory at Woonsocket, 

 Rhode Island, has paid the first dividend of 5 per cent., to the 

 creditors, and hopes to be able to pay a second dividend of the 

 same amount. 



=The Rollins Engine Co. (Nashua, New Hampshire) shipped 

 recently to the Cleveland works of the Mechanical Rubber Co. 

 a steam engine of 500 h p. The same company supplied the 

 Cleveland factory with a 300 h i'. engine twenty years ago. 



= The India Rubber Co. (Akron, Ohio) have made some six 

 inch Wheeler endless solid rubber tires for the Chicago Fire 

 Extinguisher Co., which are stated to be the largest rubber 

 tires yet produced. 



=The Omaha Rubber Shoe Co. (Omaha, Nebraska) have fit- 

 ted up handsome new offices and sample rooms adjoining Pres- 

 ident Sprague's private office. The company say that business 

 Is good and fall orders all that could be expected. 



=The Lyon Rubber Co. (Akron, Ohio) have a very well 

 equipped plant now running on dipped goods in druggists' 

 sundries lines. They have just taken some large orders for 

 surgeons' gloves and are making a very excellent article. The 

 active men in the concern are O. G. Lyon and A. D. Logan. 



= Barberton, Ohio — the home of the Alden Rubber Co. and 

 the Pure Gum Specialty Co. — has become a city. The first 

 election, on April 7, resulted in the choice of E. M. Buel 

 for mayor. 



=The Indiana Shoe and Rubber Co. (Indianapolis) have 

 changed their corporate name to " The Crowder- Mason Shoe 

 Co." The company last year acquired the large boot and shoe 

 business of C. H. Crowder & Co., Sullivan, Indiana. C. H. 

 Crowder has been president of the Indiana Shoe and Rubber 

 Co. and Hughes Mason vice president. 



= The foreign demand for American manufactures is shown 

 by orders from China and other remote countries recently 

 placed with the Hazelton Boiler Co. (Rutherford, New Jersey.) 

 The Hazelton boiler has straight, short tubes, easily kept 

 clean. 



PERSONAL MENTION. 



The Hon. Augustus O. Bourn, president of the New Eng- 

 land Rubber Club, was among the speakers at the one hun- 

 dredth monthly dinner of the Boston Boot and Shoe Club, at 

 the Hotel Brunswick, Boston, on the evening of April 16. It 

 was also the fourteenth anniversary of the club, and about 130 

 members were present, besides several special guests. Mr. 

 Bourn made special reference to the opportunity for extending 

 a foreign trade in American shoes. 



:=Mr. John J. Banigan is the controlling spirit in the Romoc 



Company, of Boston, a well known and profitable patent medi- 

 cine corporation. 



= Mrs. Jane Louise Trowbridge Hotchkiss, wife of Henry L. 

 Hotchkiss, president of The L. Candee & Co. (New Haven, 

 Connecticut), died April 20 at her home. She was the daugh- 

 ter of Henry Trowbridge, the wealthiest West Indian merchant 

 man of his generation in New England, and a great grand- 

 daughter of Noah Webster. 



= Messrs. James H. Stearns and B. F. Sutton, of the firm of 

 Parker, Stearns & Sutton (New York), are at Lake Spofford, 

 New Hampshire. It will be remembered that Mr. Stearns 

 owns the beautiful Pine Grove Springs House, so well known 

 to many of the best New York families. It is a fine testimonial 

 to the beauties of the lake and mountain scenery, as well as to 

 the comforts of the great summer hotel named, that by the 

 first of June, when the house opens, the same families and visi- 

 tors every year begin to hasten to this delightful resort. 



=:Mr. H. N. Towner (Memphis, Tennessee) has been elected 

 chairman of the permanent committee on excursions of the 

 Business Men's Club of the city named. The first outing in 

 view, which promises to be a brilliant success, is a trip to the 

 Charlestown Exposition on May 20, which will celebrate 

 •' Memphis Day." 



LORD KELVIN. 



A DISTINGUISHED visitor to the United States at this time is 

 Lord Kelvin, of England, who has been entertained by various 

 scientific bodies since his arrival. Lord Kelvin was the engineer 

 of the promoters of first projected Atlantic cable, and in honor 

 of his important connection with the first cable successfully 

 laid, he was knighted. At various times he has contributed to 

 an important degree to electrical science, embracing many 

 points bearing upon insultation problems. Though in his 

 seventy- ninth year. Lord Kelvin is still hale and vigorous and 

 still notable for his intellectual activity. 



THE MARKET FOR RUBBER PAPER. 



In regard to the financial situation Albert B. Beers (broker 

 in India-rubber, No. 58 William street. New York) advises us 

 as follows: 



" The demand for paper during April has been rather light, 

 and almost entirely from out of-town banks, as an active de- 

 mand for money in the city has kept city banks from buying 

 much paper ; rates have ruled at S@S^ PC cent, for the best 

 rubber names, and ^'/iiio6 per cent, for those not so well 

 known." 



ORINOCO SHIPPING. 



THE Orinoco Steamship Co., incorporated recently in New 

 Jersey with $1,000,000 capital, took over the business of 

 the Orinoco Shipping and Trading Co., of London. Morgan 

 Olcott, of New York, who was managing director of the old 

 company, has been elected president of the new. In reference 

 to a statement published in England that the new company 

 would become actively interested in India-rubber and Ba- 

 lata, in Venezuela, Mr. Olcott stated to The India Rubber 

 World that such was not their intention. They were solely 

 in the transportation business, with river steamers plying from 

 Ciudad Bolivar to Trinidad, where freight was reshipped on 

 ocean steamers. Balata formed an important item inthe freights 

 handled, however, and Mr. Olcott thought the supplies of 

 this gum very extensive — much more so than the available 

 supply of labor. The Orinoco Co., an American corporation 

 formed in 1899, by kindred interests, to open mines and ex- 

 ploit Balata, have abandoned the extensive concessions granted 

 to them on the Orinoco, and ceased to exist. 



