332 



THE INDIA RUBBER W^ORLD 



[July 



1902. 



NEWS OF THE AMERICAN RUBBER TRADE. 



RUBBER GOODS MANUFACTURING CO. 



'"T^HE thirteenth regular quarterly dividend of i ;V per 



I cent, on the preferred stock was payable on June 16, 



to holders of record of June 6, at the offices of Baring, 



Magoun & Co. (New York), the company's transfer 



agent. The disbursement amounted to $140,899. 5o.==The 



following changes of officers were made at a meeting of the 



board on May 28: 



President— Kki. HUH. ' L.- K WAE:>t. ALDEN S. SwAN. 

 K/« President— 'Evc^'KY. Underhill. 

 Treasurer— Al ' '. Ml Tn.ou ' nniDGg « J AMES B. TAYLOR. 

 Secretary. — WILLIAM A. TovvNER, 



Mr. Swan is a merchant and director in several corporations 

 and has been on the board of the Rubber Goods company 

 from the beginning. Mr. Taylor is one of the new directors, 

 and is a member of the stock brokerage firm of Talbot J. 

 Taylor & Co., (New York). 



COMBINATION RUBBER AND BELTING CO. 

 This company, since taking charge of the factory at Bloom- 

 field, New Jersey, in March, 1901, has experienced a steady 

 growth in orders, which has made It necessary to extend its 

 buildings and purchase additional machinery. Contracts have 

 been given out for a three story brick building, about 75X200 

 feet; also for a new machine shop to increase the facilities of 

 the company so that It can make all its own molds and shafts 

 for rolls. There have been ordered a two-plate Parrel hydraulic 

 press, 30X6 feet ; several calenders, mills, and grinders of the 

 latest design ; hose and belt making machinery ; and new en- 

 gines and boilers. With this increase, the company will be 

 able to turn out $1,000,000 worth of goods per year. 



WOONSOCKET RUBBER CO. 

 The office and office force of this company have been trans- 

 ferred from Providence, Rhode Island, to the office building of 

 the " Alice " mill, at Woonsocket, in pursuance of the policy of 

 concentration of office forces recently adopted. Mention has 

 been made already of the consolidation of the pay roll force of 

 the two factories of the Woonsocket company. 



A DECISION FOR THE VICTOR RUBBER TIRE CO. 



At Cincinnati on May 31, in the United States circuit court, 

 Judge Thompson handed down a decision in the case of The 

 Rubber Tire Wheel Co. et al., v. The Victor Rubber Tire Co. 

 et al., in Equity, No. 4830, involving the validity of the Grant 

 patent on solid rubber carriage wheel tires. The suit had been 

 brought for alleged infringement of the " Kelly-Springfield " 

 tire. The decision reads : 



Bill dismissed at complainant's costs on the authority of the case of 

 same complainants v. The Goodyear Tire and Rubber Co., decided by 

 the United States circuit court of appeals, sixth circuit, May 6, 1902, 

 declaring the Grant patent void. 



AN ELECTRIC LIGHT WIRE POOL. 

 The New York newspapers reported recently that a pool had 

 been organized by the insulated wire companies, for the regu- 

 lation of prices, and that the same was likely to come to an 

 end on account of the withdrawal of The Safety Insulated 

 Wire and Cable Co. It appears that a wire pool was formed a 

 short time ago, but covering only such wire as is used in the 



installation of electric light plants in buildings. Although this 

 is a class of trade to which the Safety company has never given 

 much attention — their work having been in large contracts for 

 street railway, electric light, and submarine cables — Mr. Requa, 

 the then treasurer of the company, agreed to go into the com- 

 bination. At the first meeting of the new board of directors 

 of the Safety company it was stated that the wire companies 

 had not adhered to the rules of the agreement In bidding for 

 the work on a large store being erected in New York, since 

 which time the president of the company has sent In a notifi- 

 cation of withdrawal from the agreement. It is stated that 

 out of their trade of $2,000,000 a year, the class of work to 

 which the agreement related has not represented over $100,000 

 of their product. 



LARGE ORDERS FOR RUBBER BELTING. 

 One of the largest contracts tor rubber elevator and con- 

 veyor belts that has been placed for some time past has just 

 been awarded to The Whitman & Barnes Manufacturing Co. 

 (Akron, Ohio) by the Southern Pacific Terminal Co., for their 

 new grain elevators at Galveston, Texas. The order calls for 

 11,708 feet of " Hontas " rubber belting, running from 22" to 

 36" widths, 4 and 6 plies, and weighing approximately 60,000 

 pounds. It Is understood that this contract was secured in 

 competition with most of the prominent rubber belting manu- 

 facturers in the country. The Whitman & Barnes company 

 have also captured one of the largest orders for rubber drive 

 belts that has been placed in Massachusetts for some time. 



CONSOLIDATED RUBBER TIRE CO. 

 Isaac L. Rice, for some years past president, has been elected 

 to the newly created office of chairman of the board of direc- 

 tors, and as such will act in an advisory capacity. Van H. Cart- 

 mell, who has been second vice president, has been elected pres- 

 ident, to succeed Mr. Rice. Mr. Cartmell was formerly mana- 

 ger of the New York branch of the Rubber Tire Wheel Co. and, 

 since Its merger in the Consolidated Rubber Tire Co., has been 

 connected with the principal offices of the latter, at No. 40 

 Wall street. New York. 



UNITED STATES RUBBER CO. 



In addition to the list of officers elected at the late annual 

 meeting, as reported in the last India Rubber World, the 

 following additional positions have been filled by appointment 

 by the board of directors : 



Assistant Treasurer. — John J. Watson, Jr. 



Assistant General Manager. — liOMER E. SAWYER. 



Manager 0/ Sales. — Eben H. Paine. 



Manager of Branch Stores, — Edward R. Rice. 



Mr. H. M. Sadler, Jr., who for some years has been as- 

 sistant treasurer of the United States Rubber Co., and in addi- 

 tion has been assistant general manager for the past year, has 

 been elected vice president of the Meyer Rubber Co. This 

 new position, for reasons that recently have become existent, 

 is one of Importance, and one for which Mr. Sadler's familiar- 

 ity with financial affairs specially qualifies him. As Inti- 

 mated in the late annual report of the United States Rubber 

 Co., the Meyer Rubber Co. has acquired large security holdings 

 in various enterprises, to insure the proper management of 

 which it has been deemed best that they should be in exclus- 

 ive charge of some one of financial experience and executive 

 ability. 



