April i, 1901.] 



THE INDIA RUBBER WORLD 



213 



NEWS OF THE AMERICAN RUBBER TRADE. 



NEW RUBBER FACTORY IN OHIO. 



THE Mahoning Rubber Manufacturing Co., of Youngs- 

 town, Ohio, was incorporated under Ohio laws Febru- 

 ary 28, with $400,000 capital. At a meeting of the in- 

 corporators on March 7 directors were elected as fol- 

 lows : George Tod, John C. Wick, Henry K. Wick, W. Scott 

 Bonnell, Charles H. Booth, A. E. Adams, and Harry W. Robin- 

 son. The officers are: Henry K. Wick, president ; A.E.Adams, 

 vice president; John Tod, secretary and treasurer; John S. 

 McClurg, manager. The company was organized through the 

 efforts of Mr. McClurg, the capital being subscribed readily by 

 leading business men of Youngstown, of whom the directorate 

 chosen are fairly representative. The amount of capital sub- 

 scribed is, in fact, much larger than was asked for by Mr. Mc- 

 Clurg. The decision to form a company was based upon the 

 report of a committee of investigation of the rubber industry 

 headed bv Robert McCurdy, president of the First National 

 Bank of Youngstown. The manufacture is to embrace hose 

 belting, packing, mats and matting; carriage and automobile 

 tires; and a general line of mold work. The plant is to be 

 wholly new, and ise xpected to be in operation by September i 

 next. The motive power is to be electricity throughout, with 

 a central power station. The calenders are to be equipped 

 with direct current induction motors, while the mills, washers, 

 and slow running machines will be fitted with alternating cur- 

 rent motors. The main building, three stories,^2oo)<6o feet, will 

 be of mill construction, brick and stone. The central power 

 building will be of brick, and contain the boilers, engine, gen- 

 erators, pumps, and feed water heaters. There is to be also an 

 oil and cement house of brick, and a building to be used as a 

 reclaiming house and for the manufacture of substitute. 



CANTON RUBBER CO. (CANTON, OHIO.) 

 This company, which recently became a corporation under 

 Ohio laws, with additional capital, amounting now to $35,000, 

 has elected H. L. Miller, president ; E. Davis, vice president ; 

 Joseph A. Reed, secretary ; and R. D. Bradley, treasurer. Bus- 

 ness is reported on the increase and additional plant is to be 

 installed. The company now occupy two commodious brick 

 buildings, whereas two years ago their work was carried on in 

 a small frame building which had been erected for a dwelling. 

 ==The company have received orders lately from, and made 

 shipments to, Australia and Japan, and their goods are becom- 

 ing favorably known very generally. 



A NEW MECHANICAL GOODS CONCERN. 

 The Combination Rubber and Belting Co. were incorporated 

 March 7, under New Jersey laws, with $350,000 capital, to manu- 

 facture rubber goods. The company have acquired the factory 

 of the Combination Roll and Rubber Co., at Bloomfield, Essex 

 county. New Jersey. The business of the new company will 

 embrace the production of the well known brands of " In- 

 distructene " belting, and hose, pump valves, rubber rolls of all 

 kinds, together with molded goods, and a wide line of general 

 mechanical goods. The factory at Bloomfield is well equipped 

 for this class of work, having been in operation for many years, 

 with a reputation for high grade goods. The factory will be 

 in charge of Mr. Lyons, who for years was with the New York 

 Belting and Packing Co., at Newtown (Conn.), and later with 

 the New Jersey Car Spring and Rubber Co. The officers of the 

 new company are Adolph Kern, president ; Joseph B. Bloom- 



ingdale, vice president; Henry Kern, secretary and treasurer; 

 Julius Kahn, manager of sales. The Messrs. Kern are engaged 

 largely in the metal refining trade, and particularly in the re- 

 covery of tm from waste tin plate. Mr. Bloomingdale is one 

 of the proprietors of the great Bloomingdale department store 

 in New York ; and Mr. Kahn is widely known as a successful 

 rubber goods salesman. The main ofiices of the company are 

 at the factory. Permanent New York offices have not yet been 

 established, but for the present their city address will be at No. 

 1 57 Cedar street. 



VOORHEES RUBBER MANUFACTURING CO. 

 The plant of this company, at Jersey City, has been substan- 

 tially enlarged of late by the erection of an additional four 

 story brick building 52, -loo feet. The mechanical equipment 

 also has been correspondingly increased, the additions consist- 

 ing of several presses for mold work, a large belt press, new 

 mixers, and so on. With a double shift of workmen, the fac- 

 tory has been run lately for 23 hours a day. 



OKONITE CO., LIMITED (ENGLAND). 

 This company was registered February 6, with a capital of 

 ^120,000 (=$600,000), to acquire the undertaking and assets of 

 the Okonite Co., Limited, which has existed as an English cor- 

 poration some ten years, subject also to the old company's 

 liabilities. The capital consists of 32,000 preference shares of 

 £2 \os. and 16.000 ordinary shares of the same amount. The 

 directors are F. C. Jones, H. Durant Cheever, W. L. Candee, 

 I. H. Cheever, and W. F. Gaston. 



CONSOLIDATED RUBBER TIRE CO. 

 As announced in our last issue, a special meeting of stock- 

 holders of this company was called for February 28 — on which 

 day the paper was being printed— to consider the question of 

 recapitalization. On the date mentioned it was given out that 

 an adjournment had been made to March 22, and at that time 

 a further adjournment was made until April 12. 



CANADIAN RUBBER CO. OF MONTREAL. 

 At the annual meeting on March 14 the yearly report was 

 adopted and the old board of directors reelected : Andrew 

 Allan (president); H. Montagu Allan (vice president); An- 

 drew A. Allan, J. B. Learmont, W. H. Benyon, J. O. Gravol, C. 

 F. Smith, H. Markland Molson, and John J. McGill. 



GOODYEAR TIRE AND RUBBER CO. 



Three stores have been opened by this company for the dis- 

 tribution of their tires and other products in the northwestern 

 states, as follows : Chicago — No. 86 Lake street, F. A. Hast- 

 ings, manager; to cover Illinois, Iowa, western Indiana, and 

 southern Wisconsin. Minneapolis — No. 21 South Second 

 street. Plant Brothers, managers ; to cover Minnesota, the 

 Dakotas, Montana, and northern Wisconsin. Detroit — No. 

 58 State street, George W. Strelinger, manager ; to cover 

 Michigan. 



RUBBER GOODS MANUFACTURING CO. 



The directors at a meeting in New York, March i, declared 

 a quarterly dividend (No. 8) of \li per cent, on the preferred 

 shares, payable March 15, and a quarterly dividend (No. 4) of i 

 per cent, on the common shares, payable April 15, to share- 

 holders of record April 5. The amount to be disbursed is : 



Preferred. 

 1140,899.50 



Common. 

 $169,417.00 



Total. 

 1310,316.00 



