December 1, 1912.] 



THE INDIA RUBBER WORLD 



161 



News of the American Rubber Trade. 



PENNSYLVANIA RUBBER COMPANY. 



THE annual stockholders' meeting of the Pennsylvania 

 Rubber Co. was held at the main office of the company at 

 Jeannette, Pennsylvania, on November 8. The office of 

 chairman of the board of directors was created, to which Mr. 

 Herbert DuPuy was elected, having retired from the presidency 

 in favor of H. Wilfred DuPuy, who was elected to that office in 

 addition to that of treasurer. The other officers and directors 

 were re-elected as follows: Charles M. DuPuy, vice-president; 

 George V\ . Shiveley, secretary ; Seneca G. Lewis, general man- 

 ager; Charles G. Morrill, assistant treasurer. Mr. Lewis an- 

 nounced that business had increased 75 per cent, over the previous 

 year, and that contracts on hand would tax the utmost capacity 

 of the plant during 1913. 



THE HARTFORD'S OUTPUT OF BICYCLE TIRES. 



.-\ GRE.VT many people have the idea that the bicycle has lapsed 

 into innocuous desuetude — to use a term quite popular twenty 

 years ago. To be sure, one doesn't bump into a bicycle every 

 time he goes out now, as he did some years ago, but evidently 

 the bicycle is still afifected by a very considerable part of the 

 population — judging from the number of tires made for this 

 comparatively inexpensive but convenient vehicle. Take, for 

 instance, the output of one factory alone. The Hartford Rub- 

 ber Works' factory manager says that two years ago they manu- 

 factured 230,000 bicycle tires ; last year the number increased to 

 450,000; for the year 1912 he estimates 650.000, and for 1913 

 100,000 more, which would seem to indicate that bicycles were 

 not only holding their own, but really growing in popularity. 



THE AKRON MOLD AND MACHINE CO. 



One of the best equipped foundries in Akron is that of the 

 Akron Mold and Machine Co. This company specializes in 

 rubber mill works and has recently moved into its present quar- 

 ters, built especially for the purpose to which it is devoted, and 

 which was made necessary by the remarkable increase in the 

 company's business during the past three years. .A unique fea- 

 ture of the new building is a well appointed toilet and locker 

 room for the use of the 60 men employed. In addition to its 

 regular line the company is making the famous Y. and S. core. 

 Stanley Harris, the president, is one of the most capable ma- 

 chinists in the trade, and to him belongs the credit of the de- 

 velopment of the Akron Mold and Machine Co. to its present 

 enviable position. 



The Gordon Rubber Co.. Canton. Ohio, has become an im- 

 portant factor in drug sundry and automobile tire lines. The 

 Gordon product is of recognized standard, and the company has 

 expanded continuously since the inception of the present man- 

 agement. The superintendent. Neil Crawford, formerly of the 

 Hewitt Rubber Co.. is producing excellent results in his pres- 

 ent position. 



The Indiana Rubber and Insulated Wire Co.. Jonesboro. In- 

 diana, estimates that its present automobile tire production will 

 be multiplied by three in 1913. 



A surgeon's glove with a patent knuckle, which is claimed 

 to obviate tension at finger ends is a recent production of the 

 Hadfield Rubber Co.. Akron. Ohio. It is said to be favoralilv 

 received by surgeons. 



.A map of Akron, "the city of opportunity." surrounded by 

 cuts of several of the prominent rubber mills, has recently been 

 issued by a local printing concern. 



A hard rubber corset stay with re-enforced ends is a recent 

 patent of the Summit Rubber -Co.. Barberton. Ohio. — .Another 

 new Summit offering is a dipped narrow-necked water bottle. 



NET EARNINGS OF NEARLY 14 PER CENT. 



The annual report of the .Ajax-Grieb Rubber Co. for the year 

 ending .\ugust 31 last has recently been published, and shows a 

 net business of $2,936,923.19, with net earnings of $408,434.53, or 

 almost 14 per cent. The company's statement is as follows: 



Assets. 



Cash m banks and offices $110,307.48 



Bills receivable 137,389.42 



.Accounts receivable 291,313.65 



Merchandise and materials 432.672.81 



Mortgages, etc. (owned) 12,912.61 



Real estate. l)uildings, machin- 

 ery and equipments $322,296.72 



Less depreciation charges.... 57,844.01 



264.452.71 



Patents 10,000.00 



Total assets $1,259,048.68 



Net earnings for year. . .$408,434.53 

 Fire insurance carried... 890.000.00 



Li.\nn.iTiEs. 



Notes payable None 



Accounts payable (not due) $155,161.77 



Capital stock : 



Preferred 7 per cent $285,000.00 



Common 450.000.00 



735.000.00 



Surplus August 31. 1912 368.886.91 



Total liabilities $1,259,048.68 



MESSRS. PATTERSON & APPLETON START A TIRE COMPANY. 



John S. Patterson, who has been factory superintendent of the 

 Revere Rubber Co. for the past 10 years, and Capt. Francis H. 

 .\ppleton, of F. H. Appleton & Son, Inc., the well-known rubber 

 reclaimers of Boston, have organized a stock company, under the 

 laws of Massachusetts, under the name of the Patterson Rub- 

 ber Co., with a capital stock of $500,000. for the manufacture 

 of automobile tires. Mr. Patterson will be president of the com- 

 pany and have general charge. His son, who has also been with 

 the Revere company for some years, will be manager of the new 

 factory, and have as his assistants a number of men who have 

 been his former associates, among them Walter F. McDonald, 

 who will be assistant factory manager; Frank Chamberlain, who 

 will be factory superintendent, and Charles H. O'Neil. who will 

 be mechanical engineer. 



The work of building the factory has already begun. It will 

 be located in Lowell. Massachusetts. 



A NEW TIRE CO. IN EAST PALESTINE. 



A new tire company has just been started in East Palestine. 

 Ohio, under the name of the East Palestine Rubber Co., incor- 

 porated under the laws of Ohio. The president is the well- 

 known rubber chemist, Wilmer Dunbar; the vice-president is 

 .^. S. Mauk, and the secretary and treasurer. Abram Hartley. 

 The company is capitalized at $50,000. It has started on its fac- 

 tory, and is putting up a two-story building 50 x 110 feet, with a 

 power house 35 x 50 feet. It expects to be manufacturing tires 

 by the 1st of January. 



The land was given the company free of tax by the town, and 

 the townspeople have also subscribed a considerable bonus. 



