336 



THE INDIA RUBBER WORLD 



[July 



1902. 



THE RUBBER TRADE AT AKRON. 



BV OUR RESIDENT CORRESPONDENT. 



THE Stein Double Cushion Tire Co. are now ready to fill 

 orders for their patent rubber vehicle tire. They have 

 completed a two story brick factory, 60x225 feet, in East 

 Akron, and installed a part of their machinery. This com- 

 pany was incorporated in September last, under the laws of 

 New Jersey, with $100,000 capital, succeeding another company 

 of the same name formed at Meadville, Pennsylvania, to 

 market a tire patented by Charles Stein, the tires being made 

 at that time under contract. The officers of the new company 

 are C. K. Sunshine, president; J. Newman, vice-president and 

 general manager; M. M. Newman, secretary and treasurer; M. 

 J. Friedman, assistant manager; William J. Yeager (lately with 

 the Goodyear Tire and Rubber Co.), superintendent; Jacob 

 Haber, manager of sales. Mr. Stein is also connected with 

 the business. A private railroad switch connects the factory 

 with the Baltimore and Ohio system. 



Work on the large addition being erected by The B. F. Good- 

 rich Co. has progressed beyond the second story, and it is ex- 

 pected that the building will be ready for use by early fall. 

 The Goodrich company are erecting a small experimental 

 plant on a tract of land they purchased recently at Beaver and 

 Carroll streets. 



The Goodyear Tire and Rubber Co. have completed a real 

 estate deal with the city of Akron that has been pending for 

 more than a year. In return for the cession of a part of Fac- 

 tory street for their use, the company gave a small parcel of 

 land to the city, and also $3500 towards the building of a 

 bridge adjacent to the property. The company's premises 

 being thus enlarged, they will now erect a warehouse 100x50 

 feet, which has been under contemplation for some time past. 



The Summit Rubber Co., who have just completed a factory 

 at Barberton, have elected J.G. Hollinger, president and treas- 

 urer; Augustus Warner, vice-president; and H.M. Hollinger, 

 secretary. All these are Akron men. The superintendent 

 and practical rubber man of the company is E. J. Schutz, 

 lately of Cleveland, Ohio. 



The Pure Gum Specialty Co., at Barberton, have installed 

 a new 150 h. p. engine, and have commenced work on a two 

 story brick addition to their factory, 40X60 feet. 



The Buckeye Rubber Co. have been very busy, and are 

 much in need of more room. A one story addition to their 

 vulcanizing department, 40 X 50 feet, is being constructed. 



An extension of the local traction lines is being built to the 

 plant of the Peoples' Hard Rubber Co. Vice-president A. B. 

 Rinehart, of this company, has worked for six months to se- 

 cure the building of this extension for the benefit of their 

 em ploy 6s. 



Colonel George T. Perkins, president of The B. F. Goodrich 

 Co., and Mr. O. C. Barber, a prominent stockholder of the Dia- 

 mond Rubber Co., have given $12,500 each to clear the Akron 

 city hospital of debt. It is understood that Mr. Barber will 

 bear the expense of the erection of a large addition to the pres- 

 ent buildings. Among the thousands of rubber workers in Ak- 

 ron there is scarcely a week but some one from their ranks is 

 benefited by the hospital, though as a rule the Akron rubber 

 factories have been very fortunate in escaping accidents. 



President W. B. Hardy, of The Diamond Rubber Co., re- 

 turned early in June from a European trip of several weeks, and 

 is expected to leave about July 10 for another journey abroad. 



H. E. Raymond, manager of the sales department of The B. 

 F. Goodrich Co., will leave about the middle of July for a three 

 months' absence in Europe. 



Vacations among rubber company officials and office men 

 will be late this summer, and the annual picnics of the rubber 

 factory employ6s will also probably be much later than usual. 

 " It is because everybody is so busy," said Superintendent 

 Marks, of the Diamond Rubber Co. 



The new city directory of Akron indicates a population of 

 over 50.000, of which number it is asserted that 20,000 are di- 

 rectly dependent upon the rubber trade for their support, while 

 many more profit from it indirectly. There is not a page in the 

 directory which does not contain the name of from one to ten 

 persons described as being connected with the rubber interest. 



RUBBER NOTES FROM EUROPE. 



THE Moscow Rubber Co. (Moskauer Gesellschaft fiir Gum- 

 miwaarenmanufaktur) have a capital of 1,969,000 rubles 

 [$1,102,066]. Receipts for 1901 amounted to 2,792,353 rubles : 

 expenditures, 2.677,996 rubles; and net profits, 114.357 rubles 

 [$58,779.50]. The fixed property is estimated at 1,310,559 ru- 

 bles; raw material, 472,032; manufactured goods, 1,082,762; 

 hypothecated indebtedness, 452,000; sinking fund, 58,792; deb- 

 its, 2,000,000 ; credits, 2,300,883 rubles. 



=The report for the last business year of the New York- 

 Hamburger Gummiwaaren-Compagnie (Hamburg) as com- 

 pared with the preceding year, makes this showing (in marks) : 



igoi. 1900. 



Gross earnings ..M 958,156 M 885,260 



General expenses 436,922 375. 580 



Written off 62,778 55.794 



Net profit 458,456 453,886 



Stock capital 1,800,000 1,800,000 



Mortgage (working capital) 660,000 600,000 



Preferred loan — 5;,' 480,000 510,000 



Reserve fund 413,470 413,470 



= Herr Heinrich Strauss on May i celebrated the thirtieth 

 anniversary of his official connection with the rubber factory 

 of Schnek & Kohnberger, at Odrau (Moravia), Austria. 



= The estate of the late James Dick, of R. & J. Dick, of the 

 Greenhead rubber works, Glasgow, Scotland, has been officially 

 recorded as being of the gross value of ^1,077,034 9^. and the 

 net value of ^849, 168 9^. 



=The North Western Rubber Co., Limited, manufacturers 

 of reclaimed rubber at Liverpool, have established offices in 

 that city at 51, North John street. Ernest E. Buckleton, who 

 was connected with the rubber industry in the United States 

 for several years, is general manager. 



= Rubber hose manufacturers who desire to tender for sup- 

 plies for the London fire brigade are required to pay £,\ for the 

 specifications, which amount is refunded after a decision has 

 been made, to all who have sent bona fide \.i.nA^x% and have not 

 withdrawn the same. Contractors must pay workmen employed 

 in making the goods not less than the rate of wages, and for 

 not more than the number of hours, named in the specifica- 

 tions. 



RUBBER SHOE MACHINE IN GERMANY. 



The American rubber shoe machine has at last made its ap- 

 pearance. At least, we surmise that the patent. No. 12,318, 

 applied for in the name of Henry James Doughty, Providence, 

 Rhode Island, U. S. A., represents that invention. The patent 

 notice mentions an " Arrangement for the manufacture of rub- 

 ber shoes," and this is, no doubt, the " revolutionizing ma- 

 chine." Now, those interested can satisfy themselves to what 

 extent they deem this invention of practical value ; we are 

 sorry to say that until the patent has been granted, we are con- 

 strained from giving any information in regard to it. — Gummi- 

 Zeitung {Dresden). 



