Januaky 1. 1911.] 



THE INDIA RUBBER WORLD. 



12; 



THE RUBBER TRADE AT AKRON. 



BV .\ RESIDENT CORRESPONDENT. 



THE B. F. Goodrich Co. have just issued $2,000,000 of their 

 new 7 per cent, cumulative preferred stock, under the ar- 

 rangement mentioned in The India Rubber World, August 1, 

 1910 (page 401). The rights of shareholders to subscribe at 

 par for the amount of stock mentioned expired on December 8, 

 by which time the issue had been oversubscribed by $1,600,000. 

 The new preferred sold inuncdiately after issue at 112. 



GOODYEAR TIRE AND RUBBER ANNUAL. 



TiiK annual meeting of The Goodyear Tire and Rubber Co. 

 was held in tlieir Akmn ofiice on December S. The following 

 officers were reelected : 



Prcsiiit'ttt nvd Gi'tu'ral Manager — F. A. 5E1BERLING. 

 I'nePrt'sidi'nt — Ch.ari.f.s W. SEir.EBLiNG. 

 Setri-tary — G. M. St.\delm.an. 

 Treasurer — Fkank H. .\dams. 

 Assistant Treasurer — \V. 1£. P.«LMFR. 

 Stiperiuteuftetit — P. W. Litchfield. 



The lioard of directors chosen at the shareholders' meeting is 

 the same as last year and is composed of F. A. Seiberling, 

 Charles \V. Seiberling, G. M. Stadelman, P. W. Litchlield, 

 Frank H. Adams, James P. Loomis and Henry B. Manton. 



■^. 3|; :^ 



The First National Bank and the Second National Bank of 

 this city, in both of which the rubber men of Akron are heav- 

 ily interested, will consolidate under the name of the First- 

 Second National Bank of Akron, with a capital of $650,000, a 

 surplus of $650,000 and deposits of over $5,000,000. Mr. Ohio C. 

 Barber, a director of The Diamond Rubber Co., will be its 

 president. 



Mr. Charles B. Raymond, secretary of The B. F. Goodrich Co., 

 after a successful year's work, has resigned as president of the 

 Akron Chamber of Commerce, and Mr. F. A. Seiberling, presi- 

 den of the Goodyear Tire and Rubber Co., has been elected as 

 his successor. 



Mr. F. A. Seiberling has bought a beautiful tract of land on 

 Portage Path, a suburban boulevard, bordered by homes of rub- 

 ber manufacturers, upon which he expects to build a home. 



!Mr. Arthur Leavitt, connected with The B. F. Goodrich Co., 

 and son of Percy Leavitt, of that company, was married io Miss 

 Helen Steiner on November 22. 



THE RUBBER TRADE IN SAN FRANCISCO. 



EV A RESIDKNT CORRE.SPONDENT. 



' I 'HE rubber goods trade in this city was uneventful during the 

 ■*• latter part of the year, as it was the season approaching 

 the holidays, when there is a natural inclination to postpone 

 business activity. But more than this, the extreme scarcity of 

 rain had rendered the waterproof branch very quiet, leading to 

 an unusual accumulation of goods of this class. In the mechan- 

 ical line, the principal contractors were putting off the question 

 of orders as long as possible, in the hope of a further fall in 

 the price of crude rubber. None of these things has tended to 

 increase business activity and the best that can be said is that 

 all of the establishments are plodding along, holding their own 

 about equally well. Collections, however, are not so quiet that 

 the merchants can complain. 



Mr. Miller, of The B. F. Goodrich Co., is now in San Fran- 

 cisco, and the company has its temporary offices in the Pacific 

 building, until such time as they can occupy the big Market 

 street store, which is being put into shape as rapidly as possible. 



* * * 



The Gutta Percha and Rubber Manufacturing Co. are plan- 

 ning to move some time in January, having secured a lease on 

 premises on Fremont street, between Market and Mission. This 

 is close to the location occupied by this firm before tlie fire of 



1906, and they feel like getting home again, although their pres- 

 ent quarters at No. 69 First street are not far from the old lo- 

 cation. The new place will be more conveniently arranged than 

 their present store, and will give them more floor space also. 



* * * 



The question as to what lines of goods the Gorham Rubber 

 Co. will take up, to replace those handled by them hitherto, is 

 one of the most interesting points in the local rubber trade just 

 now. But as Mr. Gorham is at present in New York, along 

 with two other members of the company, it is likely that the 

 uncertainty will soon be over. 



* * * 



There is a rumor that several firms in the tire trade are go- 

 ing to combine their Pacific coast forces with a purpose of oper- 

 ating them under one roof. A similar combination of tire sell- 

 ing forces was attempted in this city a few years ago, but ap- 

 parently was never successful. 



The San Francisco branch of The Firestone Tire and Rubber 

 Co. has been moved into the handsome new building erected ex- 

 clusively for them, at the corner of Van Ness avenue and Ful- 

 ton street. It is a three-story structure, and is the largest and 

 probably the best equipped tire branch on the Pacific coast. 



The Consolidated Rubber Tire Co. plan to move into a new. 

 prominently situated, and modernly equipped building during the 

 latter part of January. The company have leased a one-story 

 and basement building now under construction on the south 

 side of Golden Gate avenue, below Polk street. This is in the 

 heart of the automobile district, where everybody goes for sup- 

 plies and repairs. 



* * * 



Mr. J. H. Kelly, of the Republic Rubber Co., is again in 

 San Francisco, after having been away for a few weeks visit- 

 ing outside agencies. He will remain for a few weeks longer 

 visiting the firm's agencies on the coast. 



^ H< ^ 



Mr. Val. Berry, who formerly sold druggists' sundries for the 

 Gorham Rubber Co., and who has been on a visit to the East, 

 has returned with the account of the Faultless Rubber Co. (Ash- 

 land, Ohio), which he will take care of on the Pacific coast in 



future. 



* * * 



The Woven Steel Hose and Rubber Co., who are now intro- 

 ducing their line on the coast, report excellent progress in this — 

 for them — new and rapidly growing territory. Stott, Plover & Co. 

 are their present Pacific coast sales agents, having succeeded 

 Frederick V. Stott & Co., and they occupy elegant and centrally 

 located offices in the Balboa building, on Market street. 



^ * * 



Mr. H. C. Norton, manager of the American Rubber Manu- 

 facturing Co., states that at their factory, in Emeryville, they 

 have as many orders as could be expected at this time of the 

 year, and they are satisfied that business in the future will be 

 excellent. 



* * * 



The Plant Rubber and Supply Co. have bought all of the 

 packing and belting of the Barton Packing and Rubber Co., 

 which firm is now confining itself to the manufacturing end of 

 the business. Mr. S. L. Plant reports that business this year has 

 shown up better than did that of last. 



4 ifc ^ 



The Bowers Rubber Works report that they have sold more 

 garden hose during the year just past than any other year. They 

 now have enough work for this department to carry the factory 

 for five months, and so they are taking no more orders for early 

 delivery. 



* * * 



W. J. Crandley, of the Crandley Rubber and Supply Co., of 



