134 



THE INDIA RUBBER WORLD 



[January i, 1903. 



NEWS OF THE AMERICAN RUBBER. TRADE. 



RUBBER GOODS MANUFACTURING CO. 



THE policy of reorganization of the Rubber Goods Man- 

 ufacturing Co. referred to in these pages last month 

 has since been more fully carried out through the plac- 

 ing of Mr. Charles H. Dale at the head of the mechanical 

 rubber goods production of the leading factories controlled by 

 the organization, just as Mr. Lewis D. Parker had previously 

 been placed in charge of the tire branch. Mr. Dale was al- 

 ready president of the Peerless Rubber Manufacturing Co. 

 He has been elected president also of the New York Belting 

 and Packing Co., Limited, and of the Mechanical Rubber Co. — 

 the latter embracing a number of constituent companies — and 

 a vice president of the Rubber Goods Manufacturing Co., and 

 will be made a director in the Stoughton Rubber Co. This 

 will give Mr. Dale complete charge of the mechanical goods 

 work of all the allied companies, giving them the benefit of the 

 same methods of management that 

 have proved so successful in the case 

 of the Peerless company, and at the 

 same time eliminate a certain degree of 

 friction which was inevitable so long as 

 the various companies occupied the 

 position, to a certain extent, of com- 

 petitors. It is safe to say that under 

 the new arrangement the policy of the 

 company will be in the direction of fair 

 prices for good goods, and a compe- 

 tition based upon quality rather than 

 quantity. There are evidences that the 

 new move is regarded with favor by 

 those companies on the outside whose 

 preference is for competition of this 

 sort. 



The history of Charles H. Dale, in 

 connection with the rubber business, is 

 an exceedingly interesting one, and is 

 practically the history of the Peerless 

 Rubber Manufacturing Co. which, start- 

 inp on a small scale, has grown to be 

 one of the most profitable mechanical 

 rubber establishments in the world. For years the Peerless 

 company has been a great money maker and incidentally Mr. 

 Dale himself has accumulated a large fortune. Personally he 

 is a solidly built, active, aggressive man, with an abundant 

 fund of good nature, with a frankness almost akin to bluntness 

 He is not in the least visionary, never seeing rainbows (with 

 the exception, perhaps, of " Rainbow" packings), and is a man 

 who does business on business principles every day in the 

 week. When congratulated upon his new position he insisted 

 that he wore a hat of exactly the size as for several years past 

 Mr. Dale is not only a typical American, but a typical New 

 Yorker, The son of a New York physician, he was educated 

 in the public schools of thecity, taking a semi-collegiate course 

 with the idea of studying law, but his personal impulse was in 

 favor of railroad work, and he kept at his father until he was 

 allowed to follow his bent. A warm friend of the family, Mr. S. 

 S. Merrill, general manager of the Chicago, Milwaukee and St. 

 Paul railroad, took the boy in hand and, in order to test him, 

 started him out one dark rainy night asbrakeman on a freight 

 train. It was no doubt something of a surprise to the young- 



CHARLES H. DALE. 



ster, who had planned soon to be general manager of the line, 

 but he stuck to his post and in due time got to be conductor, 

 and later superintendent of the transportation. He made a 

 study of railroad equipment and that brought the rubber busi- 

 ness to his attention, and before long he gave up railroading 

 and joined the Peerless Rubber Manufacturing Co. as sales- 

 man. In this field he showed great capacity for developing the 

 best things that the Peerless had in the line of their special- 

 ties. He became manager of sales, and a large stockholder, 

 and later president of the company. 



The securities of the real estate syndicate held by the Rubber 

 G nds Manufacturing Co., and which were regarded by the inter- 

 ests which lately came into control of the companyas an unde- 

 sirable asset for a manufacturing corporation, have been taken 

 over by a syndicate headed by Mr. August Belmont, at a con- 

 sideration of S750.000. Of this amount $400,000 has been paid 

 into the treasury of the company, and 

 the remaining $350,000 is due to be paid 

 on January 10, thus placing the Rubber 

 G )orls company in a more satisfactory 

 financial condition. 



BOSTON BELTING CO. 

 A r the annual meeting of the share- 

 holders in Boston on December i, the 

 following directors were elected : James 

 Bennett Forsyth, James Pierce, George 

 A. Miner, J. H. D. Smith, George H. 

 Forsyth, Charles H. Moseley, and 

 Lewis M. Crane. J. H. D. Smith was 

 ri elected treasurer; Edward Upham, 

 clerk ; and Thomas Lang and Thomas 

 Lang. Jr., auditors. During the year 

 quarterly dividends of 2 per cent, were 

 paid as usual, and subsequent to the 

 date mentioned dividend No. 133 was 

 declared, payable .'anuary i. 



BOURN MAKING INSULATED WIRE. 

 The Bourn Rubber Co. (Providence, 

 Rhode Island), as already announced, 

 have begun the manufacture of insulated wire on quite a large 

 scale. While the raw stock is prepared in the factory devoted 

 to the manufacture of rubber boots and shoes, a large separate 

 building has been acquired for the installation of the tubing 

 machines, braiders, and appliances necessary to the production 

 of all sizes of rubber covered wire, except large cables. The 

 new department is now running successfully, ninety braiding 

 machines, manufactured by the New England Butt Co. (Provi- 

 dence), having been installed. 



STANDARD UNDERGROUND CABLE CO. 



The erection of what is said to be the largest and most mod- 

 ern plant in the United States for rolling copper rod, drawing 

 bare wire, and insulating weatherproof wires and cables, has 

 about been completed lor this company, in addition to their 

 large factory for underground cable work and rubber insulated 

 wire and cables at Perth Amboy, New Jersey. The rod mill 

 was started on November 25, the wire mill is now in operation, 

 and the weatherproof factory is expected to be by February i. 

 The capacity of the rod mill is 3,000,000 pounds per month ; 



