Fehruary I, 1903] 



THE INDIA RUBBER WORLD 



169 



made application for an order of sale of the property. Notice 

 of exceptions to the issuance of such order was given by attor- 

 neys claiming to represent certain stockholders, but the excep- 

 tions have not yet been placed on record. The reason given, 

 however, was that the new appraisal was too low — showing 

 only $148,85 [ of assets. Dissatisfaction is expressed among 

 the stockholders who did not dispose of their holdings, and 

 among the original promoters and ma'iagers of the People's 

 company. The former claim that their interests were jeop- 

 arded by the assignment, and the latter aver that their credit 

 has been injured by the assignment of the People's company, 

 inasmuch as it had never been announced that they were no 

 longer connected with the company, and that new officers 

 were in charge. 



The Coburn suit, noted above, is the fust action of record in- 

 stituted by the dissatisfied stockholders. The People's Hard 

 Rubber Co. were incorporated under the Ohio laws in April, 

 1901, with $200,000 capital, and organized in the office of Mus- 

 ser & Kohler, named above, on April 12. George C. Kohler 

 was elected a director and general counsel for the company. 

 Work was begun at the factory early in 1902, and the company 

 were reported to be doing a good business until November 17, 

 when the factory was closed, it being rumored at the time ihat 

 the American Hard Rubber Co. had purchased control. 

 GROWTH OF THE RUBBER STAMP TRADE. 



Based upon confidential statements made to it by several 

 leading houses. The ComiMrcial Stamp T>ade Journal {Q,\\\ca^o) 

 estimates the volume of the stamp and stencil trade in the 

 United States during 1902 at $6,500,000, being an increase of 25 

 per cent, over the year previous. Manufacturers of such goods, 

 generally, have increased their facilities, and for the most part 

 prices have been fair and reasonable. The greatest output is 

 in the shape of rubber stamps and rubber type, followed closely 

 by stencils and checks, and then numbering machines, perfera- 

 tors, and the like. The rubber stamp and stencil trade is also 

 important in other countries. The four great centers of the in- 

 dustry are New York and Chicago, in the United Slates, and 

 London and Berlin. Another journal devoted to this trade is 

 published at Frankfort o/Main, Germany. 

 NEW INCORPORATIONS. 



Gordon Manufacturing Co. (Harnsbuig, Pennsylvania), 

 December 23. 1902, under Pennsylvania laws; capital $25,000. 

 Francis H. Gordon, president and manager; J. W. Bowman, 

 treasurer; H. H. Bowman, secretary. The Gordon company 

 have been in business as a copartnership for about five years, 

 manufacturing linen interlined "rubber" collars and cuflfs. 

 They have been successful, making one addition after another 

 to their capacity, and have now increased their capital. They 

 advise The India Rubber World : "We have not made 

 any celluloid novelties heretofore, but we have embodied that 

 in our charter, as we intend, in the near future, to enter into 

 the manufacture of celluloid novelties of different descrip- 

 tions." 



= Certificates of incorporation unJer the laws of Massachu- 

 setts were granted January 10 to the Shawniut Rubber Co. and 

 the Massachusetts Rubber Co., both of Boston, with $5000 and 

 $2000 capital, respectively. The incorporators were the same 

 in the case of both companies: Bertram Lord, Robert L. Rice, 

 and Francis S. Dane. Mr. Lord is president of both companies 

 and Mr. Rice treasurer. The object of these companies is to 

 deal in rubber boots and shoes, the sales being in charge of 

 Chester J. Pike. It is understood that the goods sold will be 

 made under contract by one of the large factories, in two 

 grades, branded "Shawmut" and "Massachusetts" respec- 

 tively. 



TRADE NEWS NOTES. 

 The annual meeting of the stockholders of the New York 

 Rubber Co. was held in New York on January 27. 



= George C. Smith has been appointed general superintend- 

 ent at the factory of the New York Rubber Co., to succeed 

 Thomas S. Judson, whose death was reported in The India 

 Rubber World of December last. Mr. Smith has been em- 

 ployed by the company for many years. 



=:The trustees for the holders of the first mortgage 6 per 

 cent, bonds of the Mechanical Rubber Co. have advertised 

 their readiness, under authority of the mortgage, to expend 

 $3-5.853 75 in the purchase ol bonds, provided the same can, in 

 their opinion, be made advantageously on February i. at the 

 offices of the Knickerbocker Trust Co., New York. 



:=Ernest H. Brandt has resigned as manager of the two 

 blanches in New York city of the Hartford Rubber Works Co., 

 to become manager of the United States Fastener Co., which 

 controls most of the patents on fasteners for gloves and the 

 like, with headquarters in New York. Mr. Parker has been 

 connected with the Hartford company since 1901. He will be 

 succeeded at their New York branches by Robert B. Parker, 

 who has been hitherto at the Hartford factory. 



= The suit of Morgan & Wright v. Pennsylvania Rubber Co., 

 for alleged infringement of patent in making the pinched end 

 inner tube for bicycle tires. has been decided for the defendants 

 in the United States circuit court for the western district of 

 Pennsylvania. 



= The Pennsylvania Rubber Co., on changing their location 

 from Erie to Jeannette, Pennsylvania, removed their machinery 

 to the new plant. The real estate occupied at Erie has been 

 sold. 



= M. J. Burke will represent the Eureka Fire Hose Co. 

 (New York) hereafter in the sale of their standard brands of 

 fire hose to the fire departments in California, Oregon, Wash- 

 ington, and adjacent territory, with headquarters at No. 573 

 Market street, San Francisco. 



= The Combination Rubber and Belting Co. (Bloomfield, 

 New Jersey) have opened a store in Chicago, at No. 19S Ran- 

 dolph street. Mr. E. F. Norton, who was formerly with the 

 Pennsylvania Rubber Co., has charge of the same, and has en- 

 gaged for his head salesman Mr. Beck, who was also with the 

 Pennsylvania company. 



= The Chicago branches of the United States Rubber Co. 

 and the United States Rubber Co. have been consolidated, at 

 Nos. 244-246 Monroe street, with Charles B. Allen in charge. 

 The Baltimore agencies of the two companies have also been 

 consolidated, at No. 102 Hopkins place, with W. H. Jones as 

 selling agent. 



= H. G. Armstrong, formerly representative of the United 

 States Rubber Co. at Baltimore, and later in Chicago, is now 

 at the general offices ol thecompany in New York, as selling 

 agent for the Candee brand of goods. 



= The machinery used by the MiUtown India Rubber Co. 

 (MiUtown, New Jersey) has been removed, part going to the 

 New Brunswick factory of the United States Rubber Co., and 

 part to Maiden, Massachusetts. 



= M. M. Converse has become connected with the New 

 England trade o( the Beacon Falls Rubber Shoe Co., with 

 headquarters at the company's Boston store. Mr. Converse 

 was the senior partner in the firm of Converse & Pike — since 

 succeeded by the Tremont Rubber Co. (Boston) — when ill 

 health compelled him to retire from business. 



= The Pittsburgh Asbestos Reduction Co. have been incor- 

 porated in Pennsylvania, to make insulating products of asbes- 

 tos, freed from iron by a new process, and rubber. 



