July 1, 1914.] 



THE INDIA RUBBER WORLD 



545 



sidiary banks located in various parts of the city. The result 

 of this failure has been to make money tight in banking 

 circles, owing to the loss of confidence on the part of de- 

 positors. Loans are hard to secure unless the best of col- 

 lateral is produced, and there has been a noticeable slowing 

 down in financial operations of all sorts. 



* * * 



Four hundred advocates of good roads, including a num- 

 ber of tire men, met last week at the Hotel La Salle to attend 

 the annual convention and dinner of the Illinois Highway 

 Improvement Association. Governor Dunne was present 

 and talked on the good roads question. He outlined the 

 principles in the Tice law, under which more tlian $2,000,000 

 will be spent in this state for good roads during the coming 

 year, also outlining the law under which state convicts work, 

 on the "honor" system at Camp Hope, near Dixon, Illinois. 



* * * 



The Fiberoid Rubber Co., has completed some new designs 

 in stair treads, mattings and perforated mats which look like 

 winners. The factory has been remodeled for the summer, 

 the offices new-ly decorated and in the work room several 

 new machines have been installed. 



* * « 



Many of the local rubber men are eillicr taking their vaca- 

 tions at the present time or are planning on vacations soon 

 to be taken. Most of them go to one of the northern lakes 

 for a few weeks' fishing and hunting. Plans are being made 

 for a picnic to be held at some resort near the city. Every 

 rubber man who owns an automobile will take as many other 

 rubber men as he can carry. The procession will leave the 

 city Saturday noon and will remain at the resort until late 

 Sunday evening, when the return trip will be made by the 

 light of the moon — or without the light of the moon if that 

 orb is obscured. While no definite date has been set, the 

 picnic will take place in the near future. There being no 

 local association of rubber men, it is believed that frequent 

 outings of this kind held during the summer will do much 

 to promote friendly trade feeling, which in this city is some- 

 what lacking, many of the rubber men not having personal 

 acquaintance with their competitors. 



* * * 



William Redheld Perrin, president of William R. Perrin & 

 Co., of Chicago, manufacturers of Vulcanizing presses and 

 other special rubber mill machinery, died on June 2, after a 

 short illness. 



THE RUBBER TRADE IN RHODE ISLAND. 



By Our Regular Correspondent. 

 ""PHERE is but a slight difference in the rubber business 

 ■^ in this vicinity at the present time, as a whole, as com- 

 pared with a month ago. Some manufacturers report in- 

 creasing orders while others acknowledge a slight falling oflf. 

 The former are largely concerns that make tires and similar 

 goods, while the latter are manufacturers of footwear — with 

 the possible exception of tennis shoes. The recent fire at the 

 plant of the Bourn Rubber Co. in this city the last of May, 

 threw a number of employes out of work. .Vrrangements are 

 being perfected for a resumption at an early date. 



At the present time there is a shut-down at the Alice rub- 

 ber shoe mill of the Woonsocket Rubber Co. at Woonsocket, 

 affecting about 1,500 hands, and at the Millville rubber boot 

 mill of the same concern at Millville, where about 800 hands 

 are employed. The notices posted early in the month at the 

 .Mice mill read as follows: "Vacation shut-down. Last day's 

 making, Saturday, June 20. The date of starling will be 

 posted later and advertised in the papers. During the shut- 

 dow'n it is planned to install five large magnetic safety clutches 

 and make extensive alterations in the power plants, which 



will probably necessitate a shut-down of four weeks. Work 

 will be rushed with all possible despatch, and should it re- 

 quire another week or so, due notice will be given." 



* * * 



The State tax upon corporations was certified to the Gen- 

 eral Treasurer on June 12 by the Rhode Island Board of Tax 

 Commissioners and shows a considerable decrease from the 

 assessment of a year ago, caused, it is stated, by general 

 business conditions. The tax is payable July 1 and if not 

 paid before July 15 is subject to an interest charge. 



* * * 



The Brown & Sharpe Manufacturing Co. remains the heavi- 

 est taxpayer among corporations taxed upon corporate ex- 

 cess, although the amount was reduced from $10,496,017.18 

 to $9,886,560. The National India Rubber Co., of Bristol, 

 is taxed this year for $1,309,453.18, while a year ago it was 

 $1,845,566.67. This is a decrease of $536,113.79. The Revere 

 Rubber Co. of this city also shows a drop amounting to 

 $336,450.75 in its excess. Last year its excess was $851,627.42, 

 while this year it is but $515,176.67. 



* 4> * 



Among the list of manufacturing, mercantile and miscel- 

 laneous corporations associated with the rubber industries 

 having a corporate excess of $50,000 or more are the follow- 

 ing: .\merican Electrical Co., $859,619.16; American Multiple 

 Fabric Co., $72,854.20; American Wringer Co., $1,109,940.90; 

 .Atlantic Tubing Co., $116,285; Joseph Banigan Rubber Co., 

 $1,338,900; Bourn Rubber Co., $83,300; Brown & Sharpe 

 Manufacturing Co., $9,866,560; Collycr Insulated Wire Co., 

 $82,580; Davol Rubber Co., $131,688.83; Glendale Elastic 

 Fabric Co., $142,337.57; Mechanical Fabric Co., $613,243.32; 

 National India Rubber Co., $1,309,453.18; New England Butt 

 Co., $183,580; New England Supply Co., $57,621.32; Nicholson 

 File Co., $2,663,340.71; Phillips Insulated Wire Co., $1,437,- 

 561.29; Revere Rubber Co., $515,176.67; Standard Mill Supply 

 Co., $53,072.72; Tubular Woven Fabric Co., $53,248.58; United 

 States Mill Supply Co.. $74,447.81; United Wire & Supply Co., 

 $506,380; Washburn Wire Co., $762,061.91, and Woonsocket 

 Rubber Co., $983,492.73. 



* * * 



Howard R. Gray, a graduate from the commercial depart- 

 ment of the Colt High School at Bristol, has accepted a 

 clerical position in the office of the National India Rubber 

 Co. in that town. 



At the factory of the National company. Assistant Su- 

 perintendent James W. Franklin has been hiring makers, 

 stitchers and learners for the tennis department. The shoe 

 department is working full time and additional help is being 

 put on. The wire department, however, has slackened so 

 that it is only operating on a three-quarter time schedule. 



Many friends of Mr. and Mrs. LeBaron C. Colt assembled 

 at the Colt home on Smith street, Bristol, on Wednesday 

 evening, June 10, to congratulate them upon the tenth an- 

 niversary of their marriage. There was a reception from 

 5 to 7 o'clock and Mr. and Mrs. Colt were the recipients of 

 many hdndsome presents. Mrs. Colt was assisted at the 

 reception by her children. Miss Jou Jou Colt and Masters Carl- 

 ton and George A. C. Colt. A dinner was served and music 

 was furnished during the evening. Guests were present from 

 Bristol, Providence and Newport. 



* * * 



Terrence McCarthy, manager of the Consumers' Rubber 

 Co., of Bristol, has invented an important improvement to the 

 buckles used in the manufacture of rubber goods, particularly 

 arctics, and with William N. Dunton has recently been 

 granted a patent on the invention. The introduction of this 

 new buckle will be of more than usual interest to rubber 

 manufacturers, for this invention, which has to do with the 



