February..], 1911.] 



THE INDIA RUBBER WORLD 



175 



News of the American Rubber Trade. 



THE NEW REVEBE RUBBEH COMPANY. 



THE $4,000,000 corporation which has just been formed under 

 the Jaws of Rhode Island, under the name Revere Rubber 

 Co., has for its purpose the taking over of the business 

 of the long established Massachusetts corporation of the same 

 name. It is a step toward the closer consolidation of the old 

 company with the United States Rubber Co., which acquired 

 control of it in January, 1910, by paying $4,000,000 for the capital 

 stock of the Revere— $2,000,000 at par. Elisha S. Williams, gen- 

 eral manager of the Revere company, was at once elected presi- 

 dent of the Rubber Goods Manufacturing Co., a subsidiary of 

 the United States company, and several members of the board 

 of the latter were elected directors of the Revere company. 



The next important announcement in this connection was that 

 the plant of the Joseph Banigan Ruliber Co., at Olneyville, 

 Rhode Island — also owned by the United States Rubber Co., but 

 not at the time in operation — was being put into shape for 

 taking care of an important part of the production of the Revere 

 Rubber Co. The Olneyville factory has also been considerably 

 enlarged. 



Following the incorporation of the Revere Rubber Co. in 



Rhode Island, on December 19. a temporary organization was 



effected. A few- days later the following were elected directors : 



Elisha S. Williams, Charles C. Case. William H. Gleason, Samuel 



P. Colt, James B. Ford, Harry E. Converse, and Homer E. 



Sawyer. The officers elected are : 



President — Elisha S. Williams. 



Vice President — Charles C. Case. 



Treasurer and Secretary — William H. Gleason. 



.■Issistant Treasurer and Assistant Secretary — .Tohn D. Carberry. 



BISHOP GUTTA-PEKCHA CO.— ANNTTAL. 



At the annual meeting of the shareholders of the Bishop 



Gutta-Percha Co., held at the office of the company in New 



York on January 18, the follow'ing directors were elected : Henry 



A. Reed, W. Boardman Reed. Henry D. Reed, Louis F. Reed, and 



E. I. Anderson. The board then reelected the officers, as follows : 



President — Henry A. Reed. 

 Vice-Presidei-t — Henry D. Reed. 

 Treasurer — W. Boardman Reed. 

 Secretary — Louis F. Reed. 



MAHION INSULATED WIRE AND CABLE CO.— ANNUAL. 



At the annual meeting of the Marion Insulated Wire and 



Rubber Co., held at their main office at Marion, Indiana, on 



January 17, the following directors were elected: J. L. Barley, 



Robert J. Spencer, John Prior, L. C. Lillard, C. E. Van Vactor, 



M. F. Cartland and R. E. Lucas. The board then elected officers 



as follows 



President — .7. 1.. Rarlev. 



Vice-President — Robert J. Spencer. 



Treasurer — Hiram Beshobe. 



Secretary and General Manager — R. K. Lucas. 



Plans w^ere adopted by the board for an additional building 

 66 X 50 feet, three stories and basement, to be used for the ship- 

 ping and braiding departments. 



RUBBER MANUFACTURERS MUTUAL INSURANCE CO.— ANNUAL. 



The annual statement of the Rubber Manufacturers' Mutual 

 Insurance Co. (Boston, Mass.), covering the year ending De- 

 cember 31, 1910, shows that the company had at risk on that 

 date $53,862,581. The company's total income during the year 

 amounted to $483,061.96. of which $465,229.69 was received in the 

 shape of premiums. Including $2,760.37 paid for sprinkler leak- 

 age losses, the company paid in losses during the twelve months, 

 $23,162.29. and returned in deposit premiums to policyholders 

 $389,325.45, equivalent to an average of 88 per cent., as com- 

 pared with 85 per cent, returned for the year 1909. The com- 

 pany's assets, at the close of the year, amounted to $445,048.58, 

 the total liabilities including unadjusted losses and unearned pre- 



miums on outstanding risks, were $242,102.23, leaving a surplus 

 of $222,946.35. The cash assets of the company available for the 

 payment of losses amounted to $455,437.79; the company's assess- 

 ment liability to. $2,324,914.40. The company has for directors 

 -Arthur H. Lowe, Fitchburg, Mass.; E. B. Page, Winchester, 

 Mass. ; George H. Hood, Boston, Mass. ; Marcus Beebe, Maiden, 

 Mass. ; Robert Batcheller, Boston, Mass. ; C. C. Converse, Boston, 

 Mass. ; E. H. Clapp, Boston, Mass. ; F. W. Pitcher, Easthampton, 

 Mass.; W. B. Plunkett. Adams, Mass.; C. E. Stevens, Ware, 

 Mass.; E. S. Williams, New York, N. Y. ; George B. Hodgman, 

 \ew York; C. T. Plunkett, Adams, Mass.; B. G. Work, Akron, 

 Ohio, and Benjatnin Taft, Ayer Mass. The company's offi- 

 cers are : 



President — .\rthur H. Lowe. 



Vice President — E. B. Page. 



Secretary and Treasurer — Ben,tamin Taft. 



Assist. Secretary and Assist. Treasurer — W. B. Brophy. 



HODGMAN RUBBER CO ANNUAL. 



.\t the annual meeting of the Hodgman Rubber Company, 



Xew York, held on January 19. the following directors were 



elected : G. B. Hodgman. S. T. Hodgman, F. A. Hodgman, N. E. 



Stout and A. W. Warren. The officers elected were as follows: 



President — G. B. Hodgman. 

 Vice President — F. A. Hodgman. 

 Treasurer — .S. T. Hodgma&. 

 Secretary — A. W. Warren. 



L. AND M. RUBBER CO.— ANNUAL. 



The L. & M. Rubber Co. (Carrollton, Ohio) have changed their 

 name to the INliller Tire and Rubber Co. They will continue 

 the manufacture of druggists' sundries, and are taking on auto- 

 mobile tires and tubes. The officers are : 



President and Treasurer — A. E. Butler, of Chicago. 

 Vice-President — D. S. Harding, of Chicago. 

 Secretary — .T. H. Richards, of Carrollton. 

 ■Manager — A. J. Richards, of Carrollton. 

 Superintendent — L. Miller, of Carrollton. 



THE REPUBLIC RUBBER CO ANNUAL, 



The seventh annual meeting of the Republic Rubber Co. 

 (Youngstown, Ohio) was held on January 23. The officers were 

 reelected, as follows : 



CItairnian of Board of Directors — Thomas L. Robinson. 



President — J. F. McGuire. 



Vice-Presidents — L. J. Lomasney and L. T. Peterson. 



Treasurer — M. I. Arms, 2. 



Secretary — C. F. Garrison. 



The new building for the manufacture of balata belting by the Republic 

 company is now practically completed, and they will put on the market, 

 within the ne.xt few weeks, "Lanco" balata belts of their own make. 



RUBBER AND CELLULOID HARNESS TRIMMING CO.— ANNUAL. 



.At the annual meeting uf the Rubber and Celluloid Harness 

 Trimming Co., Newark, N. J., held on January 10, directors were 

 elected, as follows : Andrew Albright, Jr., E. A. Spurr, Mathew 

 Dunlap, David Lockwood, Thomas Kays and Edward G. Rob- 

 ertson. The company reports a prosperous year's business, in 

 spite of a disastrous fire in September last. Officers were elected 

 by the board as follows : 



President — ,\ndrew /Xllp.rigiit, Jr. 



Vice President — E. A. Spurr. 



Secretary — Thomas Kays. 



Treasurer — Edward G. Robertson. 



MULCONROY EMPLOYES ENTERTAINED. 

 An enjoyable banquet was given on December 29 by Mulconroy 

 Company. Inc., dealers in rubber goods (Philadelphia), at 

 Kuglers in that city, to their numerous employees, in recognition 

 of their loyalty and fidelity, Mr. James J. Mulconroy, president 

 of the company, presiding. An elaborate menu card had been 

 prepared as a souvenir of the occasion, and to each member of 

 the party there was handed, at the close of the repast, a sur- 

 prise package. Each package was found to contain a lemon ; 

 but the largest and juiciest was in the package that was handed 



