260 



THE INDIA RUBBER WORLD 



[February 1, 1913. 



News of the American Rubber Trade. 



THE GUTTA PERCHA AND RUBBER, LTD. 



THE January issue of this publication contained an announce- 

 ment of the fact that the Gutta Pcrcha and Rubber Manu- 

 facturing Co., of Toronto, Limited, was to be reorganized 

 SO as to include its three subsidiary companies with itself under 

 one general name, viz. : The Gutta Percha and Rubber, Limited. 

 The general facts of that reorganization were given in that an- 

 nouncement, but it did not include the names of the officers and 

 directors, who are as follows : 



Board of directors : S. T. Warren, chairman ; A. W. Anglin, 

 K.C., C. N. Candee, W. H. Gait, R. H. Greene, J. H. S. Kerr, 

 C. B. Street, Trumbull Warren. Officers : Trumbull Warren, 

 president and treasurer; C. N. Candee, vice-president and man- 

 aging director ; R. H. Greene, secretary and manager shoe de- 

 partment ; J. H. S. Kerr, manager mechanical department ; C. B. 

 Street, general superintendent ; W. H. Gait, general sales man- 

 ager ; L. L. McMurray, assistant treasurer ; E. M. Lake, assistant 

 secretary. 



THE BOSTON BELTING CO. 



A condensed summary of the last balance sheet of the Boston 

 Belting Co., under date of September 30, 1912, shows the fol- 

 lowing : 



LI.^BILITIES. 



Capital stock $1,000,000.00 



Reserve fund 800,000.00 



Profit and loss 201,666.52 



Notes payable 439,000.00 



Unsettled bills 7,500.00 



ASSETS. 



Real Estate (land and buildings).. $328,711.85 



Machinery 275,757.32 



Tools, furniture and fi.xtures 99,111.15 



Cash _ 66,598.10 



Bonds receivable; notes receivable; 



investment acct: accts receivable. 808,688.10 



Merchandise 869,150.00 



Trade marks 100.00 



Sundries 50.00 



$2,448,166.52 $2,448,166.52 



THE HODGMAN RUBBEE CO. 



.-Vt the annua! meeting of the stockholders of the Hodgman 

 Rubber Co. held January 16, 1913. the following were elected 

 directors for the year 1913: G. B. Hodgman, S. T. Hodgman, 

 F. A. Hodgman. X. E. Stout and A. W. Warren. .And at a 

 subsequent meeting of the Board of Directors the following 

 officers were re-elected: G. B. Hodgman. president; F. A. Hodg- 

 man, vice-president; S. T. Hodgman, treasurer; and A. W. 

 Warren, secretary. 



THE MASSACHtTSETTS AtJTOMOBILE CLUB OFFICERS. 



At the annual meeting of the members of the Massachusetts 

 Automobile Club, held at the club house in Boston January 9 

 last, the following olificers were elected for the present year : 

 President, William H. Ames; first vice-president, W. S. Shrigley; 

 second vice-president, William .A. Rolfe ; treasurer, Frank W. 

 Reinick, and secretary, Arthur H. Brooks. Executive Committee 

 for three years — Frank E. Peabody, Henry S. Rowe and George 

 R. .Alley. Election Committee for three years — Joseph C. Sted- 

 inan, George Tyson and Harry K. White. 



THREE UNITED STATES RUBBER CO. DIVIDENDS. 



On January 2 the L^nited States Rubber Co. declared regular 

 quarterly dividends of 1 per cent, on the common and 2 per 

 cent, on the first preferred and IJ/. per cent, on the second 



preferred stock, all payable January 31 to stockholders of record 

 January 13. 



ANNUAL MEETING OF THE MOTOR AND ACCESSORY ASSOCIATION. 



The tenth annual meeting of the Motor and Accessory Manu- 

 facturers was held January 15, at the Waldorf-Astoria, New 

 York, with an excellent attendance of members. The reports 

 of the retiring president, treasurer and of the chairmen of the 

 various committees were read. The following members of the 

 Board of Directors were elected to serve three years : C. E. 

 Thompson, of the Electric Welding Products Co. ; Alfred P. 

 Sloan, Jr., of the Hyatt Roller Bearing Co.; F. Hallett Lovell, 

 Jr., of the Lovell-McConnell Mfg. Co., and C. E. Whitney, of 

 the Whitney Manufacturing Co. 



.\t the meeting of the Board of Directors, held in the head- 

 quarters at 17 West Forty-second street, New York City, Janu- 

 ary 16, the following officers were elected to serve for the en- 

 suing year : President, J. H. Foster, of the Hydraulic Pressed 

 Steel Co. ; first vice-president, F. Hallett Lovell, Jr., of the 

 Lovell-McConnell Mfg. Co. ; second vice-president, C. E. Whit- 

 ney, of the Whitney Mfg. Co. ; third vice-president, F. C. Bill- 

 ings, of the Billings & Spencer Co. ; treasurer, L. M. Wain- 

 wright, of the Diamond Chain & Mfg. Co.; secretary and as- 

 sistant treasurer, Alfred P. Sloan, Jr., of the Hyatt Roller 

 Bearing Co. William M. Sweet continues as manager. 



The fifth annual banquet of the association was held on the 

 evening of the 15th. Beside the members there were the fol- 

 lowing guests : Samuel A. Miles. Merle L. Downs, A. G. 

 Batchelder, H. A. Bonnell, James S. Marvin, Sidney S. Meyers 

 and T. E. A. Barthel. The speakers at the dinner were Wil- 

 bur D. Nesbit, Hon. George McAneny, T. O. McGill, W. J. 

 Burns and Col. George Pope. 



THE REPUBLIC COMPANY'S ST, LOUIS BRANCH. 



The Republic Rubber Co., of Youngstown, Ohio, has leased 

 the building at 2018-20 Locust street, St. Louis, to be used as 

 a branch for the Republic tires. The company will occupy the 

 first two floors and basement, handling all sizes and styles of 

 Republic tires. George M. Hoffman will be manager of the 

 branch. 



THE FIRESTONE'S VEW YORK BinLDING. 



The Firestone Tire and Rubber Co. has leased for a term of 

 21 years a vacant plot 150 x 100 feet, on the corner of Sixt}-- 

 third street and West End avenue. New York, on which it will 

 build a modern four-story fireproof service building, to be used 

 exclusively for the motor truck end of its tire business. It will 

 maintain a night service as well as a day service, which will 

 undoubtedly appeal to a good many users of motor trucks. The 

 aggregate rent for the term of the lease is said to be about 

 $250,000. 



THE INTER-CONTINENTAL RUBBER CO. 



Very few American enterprises located in Mexico have been 

 immune from the unhappy results of the civil strife, that has 

 been going on in that republic during the last few years. The 

 Inter-Continental Rubber Co. has suffered together with other 

 American undertakings, but still its condition might be worse, 

 as will be seen from the following remarks recently made by the 

 president of the company, Mr. W. M. Porter: "We are now 

 operating our Torreon plant," he says, "at from 75 per cent, to 

 80 per cent, of capacity, and have plenty of business on hand to 

 continue operating at this rate for a long time. There is no 

 special condition existing now, so far as the company's operations 

 go, that would be regarded as a really depressing feature." 



