24 



THE INDIA RUBBER WORLD 



[October i, 1909. 



News of the American Rubber Trade. 



GROWTH OF THE ELLW00D LEE CO. 



THE J. Ellwood Lee Co., established as manufacturing 

 chemist- since 1883 at Conshohocken, Pennsylvania, are 

 building a new rubber plant at Spring Mill, on the out- 

 skirts of Conshohocken, which they intend to have in opera- 

 tion by January 1. They have planned an up-to-date factory 

 for druggists' sundries, hospital supplies, molded goods, and 

 automobile tires, to be in charge of C. E. Eckrode, superin- 

 tendent of the company's rubber department. The new plant, 

 it is reported, will consist of a four-story building 85 x 410 

 feet, a two-story building 82 x 90 feet, a one-story power 

 house 82 x 93 feet, and a one-story forge 17 x 50 feet. The 

 company named have long been specialists in elastic and sur- 

 gical hosiery and bandages, to which they have added the 

 products of the New Jersey Rubber Specialty Co., operating 

 formerly at Milltown, New Jersey, under the proprietorship 

 oi Mr. Eckrode. It appears now that the scope of the Lee 

 company is to be further broadened in a factory at once 

 1 lern, complete, and extensive. 



RUBBER FOOTWEAR FACTORIES RESUME. 



I in. two factories of the Boston Rubber Shoe Co., at 

 Maiden and Melrose, Massachusetts, after the annual shut- 

 down of two weeks, resumed operations early in the month, 

 the grinding department starting on September 7 and the 

 other departments in the regular order thereafter. The same 

 schedule was observed at the two factories of the Woon- 

 socket Rubber Co. The boot and shoe making departments 

 of th. Goodyear's Metallic Rubber Shoe Co. and the Good- 

 India Rubber Glove Manufacturing Co., at Naugatuck, 

 Connecticut, started to work on August 31. after the usual 

 shutdown. Work was also resumed at the same date in the 

 druggists' sundries department of the latter, after a brief 

 period of idleness. The factory of the National India Rubber 

 Co., at Bristol, Rhode Island, ended its annual shutdown on 

 August 30. 



GROWTH OF THE B. F. STURTEVANT CO. 



Tin: I!. F. Sturtevant Co. (Boston) formerly capitalized at 

 $500,000, have been reorganized under the corporation laws 

 of Massachusetts with $1,250,000 6 per cent, cumulative pre- 

 ferred stock and $1,250,000 of common stock, and the stock 

 has all been taken. John Carr, chairman of the board of di- 

 rectors of the First National Bank of Boston, is president of 

 the company; Eugene N. Foss, treasurer, and E. B. Freeman, 

 general manager. The fan and blower business of the Sturt- 

 evant company, so well known in the rubber industry, has 

 increased to such an extent as to have made necessary during 

 the past year the erection at Hyde Park of a new plant at a 

 cost of more than St. 500,000, and it is understood that the 

 company contemplates addition building in the spring. 



CONTROL OF THE B. & R. RUBBER CO. 



\ majority of the stock of tlir B. X- R. Rubber Co. (North 

 Brooklield. Massachusetts) 1- now held by Messrs. Thomas 

 G. Richards and Charles C. Beebe, the founders of the com- 

 pany in [906, and since holders of the principal official posi- 

 tions. These gentlemen wen recently purchasers of consid- 

 erable -lock from individual holders, in addition to which 

 they have purchased the shares held by the North Brook-field 

 Industrial Association — $7,000 in preferred and $3,500 in com- 

 mon stock. 



CENTRAL CITY RUBBER CO. (SYRACUSE, N. Y.) 



Tins company, recently incorporated [see The India 

 Rubber World, August 1, 1909— page 403], has been E01 

 to do a jobbing business in mechanical rubber goods, and 



automobile, motorcyle. motor boat, and bicycle supp 

 They will also do a retail business in Syracuse. David A. 

 Gould is president, (ieorge II. Lloyd, vice-president and general 

 manager, and John R. Graham, secretary and treasurer — all in the 

 employment of Frank C. How lilt's rubber store for upwards of 

 15 years. These officers and A. Park Sager and Daniel A. 

 Pierce, all of Syracuse, make up the board of directors. Loca- 

 tion, No. 129 East Water street. 



RUBBER GOODS MANUFACTURING CO.— DIVIDEND. 



The directors of the Rubber Goods Manufacturing Co., on 

 September 8, declared the forty-second regular quarterly 

 dividend of 1^4 per cent, on the preferred stock, from net 

 earnings, payable September 15. The amount to be disbursed 

 was $181,149.50. 



AMERICAN LINSEED CO.— CONDITION IMPROVING. 



The directors report profits for the year ended July 31, 1909, 

 before deducting interest, of $1,264,184.99, and after deducting 

 interest and depreciation charges of $979,600.82. This has per- 

 mitted them to cancel the former deficit and to carry to r.i 

 practically $100,000. Last year's American crop of flaxseed was 

 not sufficient for the home - demand, owing to unfavorable 

 weather, and for the first time in years seed was imported from 

 Canada and Argentina. The price of seed during the year 

 ranged from $1.20 to $1.80, and the price of oil from 38 to 60 

 cents. The stocks of both, at the end of the business year, were 

 the lowest since 1901. The outlook for the current year is 

 reported favorable, as to average and condition of the seed crop 

 and the prospective consumption of oil. The capital of the com- 

 pany is $16,700,000 each in preferred and common shares. The 

 last dividend reported was l->4 per cent, on the preferred, Sep- 

 tember 1, 1900. Stock quotations have improved, as follows: 

 Preferred : high 1909, 47.54 ; high 1908, 36J4 ; low 1909, 29 ; low 

 1908, 17. Common: high 1900, 20; high 1908 17% ; low 1900. 12: 

 low 1908. s 7 A- 



TRADE NEWS NOTES. 



The Boston Belting Co. recently made in one contint 

 length 1,170 feet of their Forsyth braided hose. This is thi 

 longest continuous length of hose, it is said, which has ever 

 been produced, and is an indication that the Boston Belting 

 Co. are fully equipped to meet the growing demand for 

 long length hose. For years, efforts have been made to 

 make hose in such lengths as this, but it has only recently 

 been achieved. 



At the plant of the Electric Hose and Rubber Co. (Wil- 

 mington, Delaware) recently the cement house caught fire, 

 causing an explosion of gasoline which led to damagi oi 

 about $1,600, covered by insurance. Repairs to the build- 

 ing were at once made. 



The Hartford Rubber Works Co. (Hartford, Connecticut 1 

 have issued a correction of the statement that they were the 

 purchasers recently of the Pope Tube Works, from the 

 United States Steel Corporation. The tube plant, which 

 was built under the directions of the late Colonel Albert 

 A. Pope and which was acquired by the Steel Corporation 

 several years ago, has been idle for a considerable period, 

 although it has been kepi in excellent repair. The works 

 have been purchased, however, by the Pope Manufacturing 

 Co. 



The R. H. Smith Manufacturing Co. (Springfield, Massa 

 chusetts) state that the first complete rubber stamp making 

 plant ever exported from the United States was shipped by 

 them to South America in 1873. since which time they have 

 sold their supplies in every part of the civilized world. 



