August 1, 1914.] 



THE INDIA RUBBER WORLD 



609 



News of the American Rubber Trade. 



'?-■ 



THE MINER CONVENTION AT GRANBY. 



FROM all parts of Canada, a goodly company of al>out I'llty sell- 

 ing agents, representatives and branch managers of the Miner 

 Rubber Co., Limited, Granby, Quebec, gathered on June 

 25 and 26 at the headquarters of the company. Such assemblages 

 are valuable adjuncts to the efficiency of the staff, by the introduc- 

 tion of the personal element. Each member of the party was made 

 to feel at home, owing to the welcome extended by W. 11. Miner, 

 vice-president and the other officials, prominent among whom 

 were R. R. Macaulay, secretary-treasurer, and !•". 11. Mcinzer. 



The two-hour journey from Montreal on June 25. was made 

 in a special Pullman car, attached to the 9:10 a. m. e.\press ; 

 placing the visitors in the best possible shape to enjoy the two 

 days' program ahead of them. After an excellent luncheon, 

 the sales agents and branch managers had private interviews 

 with the management ; while the rest of the company were free 

 to dispose of their afternoon in getting acquainted with the 

 pictures(iue town of Granby. 



Next morning was devoted to inspecting the finely eciuiiiped 

 plant of the company, commencing with the box and carton 



CAPITALIZATION CHANGES. 



The authorized capital stock of the Revere Rul)l>er Co., of 

 Revere, Massachusetts, has been increased from $4,000,000 to 

 $5,000,000. 



'Ihe capital stock of the Thermoid Rubbcti Co., of Trenton, 

 New Jersey, has been increased from $300,000 to $750,009. By 

 the amended charter, filed in the County Clerk's office on July 

 2, the stock of this company is divided into 7,500 shares, of 

 which 6,000 are common and the remaining 1,500 preferred. 



1 he capitalization of the Marathon Tire & Rubber Co.. of 

 Cuyahoga Falls, Ohio, has been increased from $100,000 to 

 $500,000, and plans are under way for the erection of new 

 factory additions which will enable the company also to greatly 

 increase its production. These will be started as early as possible 

 and will probably be of brick and adjoin the present factory. 



The capital stock of the Arrow Rubber Co., of Boston, has 

 been reduced from $25,000 to $5,000. 



The capital stock of the General Rubber Co., a subsidiary of 

 the United Slates Rubber Co., has been increased from $5,000,000 

 to $8,000,000. 



StLLi.NG Agents, REi'Rh^hMATivES .\Nii 1^k.\xcii Ma.nagi-.k.- 



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Ri liri.k '_"., J,1.MITED. 



department. In the power-plant, which was next visited, the 

 visitors had an opportunity of seeing the automatic underfeed 

 stokers, used only when the water power is insufficient — which is 

 seldom. After taking in various accessory departments, the party 

 were conducted through the crude rubber storeroom down into 

 the calendering room, with its huge rolls through which the 

 various materials pass. One of the special features of the works 

 is the curing apparatus on the ground floor. 



Another noteworthy feature is constituted by the facilities 

 existing for loading and shipping, as well as for receiving 

 coal and other supplies. 



After a general business session in the afternoon, the party 

 sat down in the evening to a sumptuous banquet, after which 

 they returned to Montreal, highly pleased with the reception ac- 

 corded them by the company. 



Replete with information for rubber manufacturers- 

 Pearson's "Crude Rubber and Compounding Ingredients." 



-Mr. 



RUBBER COMPANY DIVIDENDS. 



The Lee Tire & Rubber Co., of Conshohocken, Pennsylvania, 

 paid on July 10 a regular quarterly dividend of 1^ per cent. 



The Swinehart Tire & Rubber Co., of Akron, Ohio, paid on 

 July 15 a dividend of V/2 per cent. 



The Killingly Manufacturing Co.. a subsidiary of the Goodyear 

 Tire & Rubber Co., of Akron, Ohio, has declared a semi-annual 

 dividend of 3 per cent, on its preferred stock. 



The Hood Rubber Co.. of Boston, has declared a regular 

 quarterly dividend of m per cent, on its preferred stock, pay- 

 able August 1 to stock of record on July 28. 



The Canadian Consolidated Rubber Co., Ltd., of Montreal, has 

 declared a regular quarterly dividend of l>-4 per cent, on its, 

 preferred stock and a dividend of 1 per cent, on its common 



stock. ; . 



The B. F. Goodrich Co., of Akron, has declared a dividend di 

 IJi per cent, on the preferred capital stock of the company, pay- 

 able October 1 to stockholders of record on September 18. 



