April 1, 1911.] 



THE INDIA RUBBER WORLD 



245 



News of the American Rubber Trade. 



NEW YOEK HUBBER CO.— A PRESENTATION. 



""PHE officers and office staff of the New York Rubber Co., 

 '■ New York and Mattcawan, New York, united in the pre- 

 sentation, on March 1, to the former president of the company, 

 Mr. John P. Rider, of a loving cup, suitably inscribed, as a 

 token of appreciation of his friendly feeling and uniform kind- 

 ness towards those with whom he had been associated in the 

 past. Mr. Rider in accepting the gift, made a felicitous speech 

 in which he manifested with feeling his appreciation ahke of 

 the beautiful cup and of the sentiments that prompted its 

 presentation. 



INTERCONTINENTAL RUBBER COMPANY: DIVIDEND. 



Announcement is made that the directors of the Interconti- 

 nental Rubber Co. (New York), have declared the regular 

 quarterly dividend of 13,.^ per cent, on the preferred shares, 

 payable March 31, 1911, to stockholders of record March 20. 

 The directors also declared a dividend of 1 per cent, on the com- 

 mon stock of the company, payable May 1, 1911 to holders of 

 common stock of record at 3 p. m. on Friday, April 21. The 

 last named distribution was stated to be not a quarterly divi- 

 dend, but a dividend paid because the earnings of the company 

 justified it, in accordance with the policy of the directors to 

 make a distribution whenever the earnings and conditions of 

 the company warranted it. 



REPUBLIC RUBBER CO. 



The Republic Rubber Co., Youngstown, O., have opened a 

 branch establishment at 126 West Sixth street, St. Paul, Minn., 

 under the management of M. F. W. Osmun, in connection with 

 which they have installed a completely equipped repair depart- 

 ment. At 1514 Hennepin avenue, Minneapolis, they have estab- 

 lished a branch sales room, in charge of which is Mr. Fred Weil, 

 formerly north-western representative for the Excelsior Supply 

 Co., of Chicago. In view of the growing importance of the twin 

 cities as an automobile trade center, both branches will carry a 

 full line of the company's goods, including their Republic "Stag- 

 gard" Tread and Republic Motor Truck Tires. 



RUBBER GOODS MANUFACTURING CO. DIVIDEND. 



At a meeting of the board of directors of the Rubber Goods 

 Manufacturing Co. (New Y'ork), the forty-eighth regular quar- 

 terly dividend of 1J4 per cent, was declared on preferred stock, 

 payable to stockholders of record at 3 p. m., March 10. On 

 March 25 the company paid a 2 per cent, dividend on its common 

 stock. The next annual meeting of the company will be held in 

 Jersey City, on April 13. 



MIEGEL RUBBER MANUFACTURING CO. 



The Miegel Rubber Manufacturing Co. (Stamford, Connecti- 

 cut), the incorporation of which was announced in the March 1 

 number of The India Rubber World, will engage in the manu- 

 facture of a pneumatic tire for automobiles, of an entirely 

 new type of construction, also in the manufacture of mechanical 

 and surgical rubber goods, some new, some of improved design, 

 and will deal in all kinds of automobile accessories, including a 

 full line of everything used by the automobilist. The officers of 

 the company are as follows: 



President — Charles W. Miegel. 



Vice President — Ch.\rles L. Thompson'. 



Secretary and Treasurer — Willi.xm T. De Waters. 



ALLING RUBBER CO. 



The Ailing Rubber Co. (Troy, New York), dealing in rubber 

 goods of every description, including sporting goods and automo- 

 bile tires, have leased the store and basement at 101 North Pearl 

 street, Albany, New York, for a term of five years, and will con- 

 duct a general rubber business there. 



CANADIAN CONSOLIDATED— ANNUAL. 



In HIS annual address to the shareholders, at the yearly meet- 

 ing, President D. Lome McGibbon, of the above company, re- 

 ported a satisfactory business for the past twelve months, both 

 as to sales of general rubber goods and footwear and profits 

 earned. The net income for the year amounted to $583,243.39, 

 compared with $573,319 for the preceding year, and after pay- 

 ment of interest on bonds and dividends on stocks, to the 

 amount of $402,499.75, there was left $180,743.64 to be added to 

 the surplus account, which now amounts to $257,444.08. 



The president reported that in order to meet the demands 

 of the retail trade that they be allowed to purchase direct from 

 the manufacturer, arrangements have been effected whereby the 

 main company will act as selling agents of all the rubber and 

 felt companies controlled by it. The arrangements thus made, 

 will concentrate the selling staffs of the subsidiary companies 

 under one general organization and advance the work of 

 economic consolidation of purchasing, manufacturing and selling. 



Following are the directors elected at the annual meeting: 

 D. Lome McGibbon, Geo. W. Stephens, J. H. McKechnie, T. H. 

 Rieder, F. H. Ward, Shirley Ogilvie, D. Coulson, E. W. Nesbitt, 

 S. P. Colt, Alex. Pringle, W. R. Allan, V. E. Mitchell, Homer E. 

 Sawyer, E. S. Williams and E. R. Rice. The directors elected 

 officers, as follows : 



President — D. Lorne McGibbon. 

 First Vice President — Geo. W. Stephens. 

 Second Vice-President — J. H. McKechnie. 

 Secretary-Treasurer — Walter Bin more. 

 Assistant Treasurer — Leonard D. Shaw. 

 .4ssistant Secretary — C. H. Ancrum. 



THE SWINEHART TIRE AND RUBBER CO. IN NEW QUARTERS. 



The Swinehart Tire and Rubber Co., of New York, have 

 moved into their new salesrooms at No. 1924 Broadway, that 

 city. Their improved accommodations will enable them to carry 

 a complete line of Swinehart pneumatic and solid tires, and 

 their friends and patrons are invited to visit them in their 

 new quarters. 



NEW BOSTON HEADOUARTERS FOR THE FISK RUBBER CO. 



The Boston branch of the Fisk Rubber Co. (Chicopee Falls, 

 Massachusetts), is now installed in the new Fisk building at Nos. 

 811-813 Boylston street, Boston. The handsome five-story 

 structure, which is an attractive addition to Boston's automobile 

 row, has a frontage of 30 feet and is 100 feet deep, with a facade 

 of pressed brick with terra cotta trim. 



In the basement, which is the full extent of the building, is 

 the shipping and receiving department, with storage accommoda- 

 tions, including racks for 4,000 tires. The general offices and 

 salesroom, occupying the ground floor, are sumptuously fitted in 

 polished oak and plate glass and on the top floor is a completely 

 equipped repair department, with facilities for perfectly repairing 

 tires of every make. All departments are connected by freight 

 and passenger elevators. 



The new building is a notable addition to Boston's modern 

 business edifices, and as to convenience and architectural beauty, 

 takes a foremost place among the twenty-three branch establish- 

 ments the, Fisk Rubber Co. maintain in leading cities throughout 

 the country. 



MOTOR TRUCKS THAT MADE GOOD. 



The United States Tire Co. (.New York), made practical use 

 of the motor truck, on a recent occasion, when a consignment of 

 5(K) tire casings, destined for New York and needed to fill orders, 

 were stalled at their plant at Hartford, Conn., owing to a strike 

 of expressmen. It occurred to President J. D. Anderson, that 

 motor trucks might be pressed into service to transport them 



