602 



THE INDIA RUBBER WORLD. 



[September 1, 1912. 



News of the American Rubber Trade. 



EAPID GHOWTH OF THE FAULTLESS HUBBER CO. 



AT the last annual meeting of the Faultless Rubber Co., Ash- 

 land, Ohio, held the last of July, it was voted to increase 

 the capital stock from $325,000 to $1,000,000. The stock- 

 holders will receive a 60 per cent, dividend in stock on the old 

 capitalization. Eight hundred shares of the new stock of the 

 par value of $80,000 will be set aside for sale to employes under 

 favorable conditions. The balance of the increased stock will 

 be held in the treasury. 



The following officers were elected: T. W. Miller, president 

 and treasurer; P. A. Myers, vice-president; I. L. Miller, secre- 

 tary, and C. E. Campbell, general manager. These officers with 

 C. E. Myers constitute the board of directors. 



This company has enjoyed phenomenal growth. It was started 

 five years ago with 

 about fifty employes. 

 It now employs nearly 

 400 people. Its plant 

 has received constant 

 additions during the 

 last three years. The 

 last addition is a 

 large building 85 x 

 155 feet, to be used 

 exclusively for dipped 

 goods. It embodies 

 every modern fea- 

 ture. One that may 

 be cited is an instal- 

 lation which thor- 

 oughly washes and 

 purifies the air and 

 removes all fumes of 

 gases. This system 

 can purify 30,000 cu- 

 bic feet of air per 

 minute. 



HEW YORK RUBBER 

 . RECLAIMING CO.'S 



NEW MEN. 



The fact was men- 

 tioned in the August 

 issue of The India 

 Rubber World that 



William F, .'Vskam, one of the oldest rubber reclaimers 

 associated himself with the New York Rubber Reclaiming Co., 

 New York City. He has rearranged the mill of this company 

 and introduced a number of improvements. The company is 

 turning out high-grade shoddy for the insulated wire trade. 



Henry H. Marshall has also been secured by this company 

 and will act as superintendent and general manager. 



TWO NEW BUILDINGS FOR THE FISK RUBBER CO. 



The Fisk Rubber Co. is making extensive additions lo its 

 plant in Chicopee Falls, Massachusetts, in order to take care of 

 the increased demand for automobile tires, tubes and bicycle 

 tires. The contracts have been let to the Fred T. Ley Co., of 

 Springfield, for two buildings — one building 250 feet long, 90 

 feet wide, six stories and basement, and another building 200 

 feet long, 60 feet wide, four stories and basement. The neces- 

 sary rubber machinery, boilers and engine for power plant, 

 when installed, will increase the present capacity about 50 per 

 cent. This extra capacity will necessitate the employment of 

 600 or 700 more workmen. The. buildings are to be completed 

 and machinery installed by November 1, 1912. 



THE HARMER RUBBER RECLAIMING WORKS. 



There has been a great improvement at the Harmer Rubber 

 Reclaiming Works, East Millstone, New Jersey, since the change 

 in management took place. The factory is running to its full 

 capacity, and working nights. They have recently reconstructed 

 one of their buildings, 105 x 126 and SO ft. high, formerly used 

 for storing purposes, into a separate department for reclaiming 

 auto tire friction, and other fabricated scrap for the trade, and 

 have built up an extensive business along this line. 



The company's plant is centrally located between New York 

 and Philadelphia, on the Millstone branch of the Pennsylvania 

 Railroad. It stands on the right bank of the Raritan and Dela- 

 ware Canal, and enjoys ideal shipping facilities, both by rail and 

 water. The company generates its own electric current for 



lighting, etc. A visi- 

 tor at this plant finds 

 a number of things 

 worthy of note : The 

 completeness and con- 

 venient arrangement 

 of equipment; ap- 

 proved types of rub- 

 ber-working machin- 

 ery ; modern well- 

 lighted brick build- 

 ings, and last, the 

 pains taken with the 

 product in its manu- 

 facture. Careful at- 

 tention to detail char- 

 acterizes every stage 

 of the work. Years 

 of experience and a 

 close study of the 

 science of rubber re- 

 clamation have borne 

 fruit in this modern 

 plant. 



THE REPUBLIC RUB- 

 BER CO. INCREASES 

 CAPITAL. 



The F".\ultless Rubber Co, 



had 



At the special meet- 

 ing called for August 

 1, the stockholders of The Republic Rubber Co. voted an increase 

 of the authorized capital from $4,000,000 to $10,000,000. A number of 

 extensions and improvements were discussed and the semi-annual 

 statement was read, showing a large increase in the business of 

 the company. 



At the directors' meeting following, the board declared a spe- 

 cial stock dividend of 35 per cent, to the common stockholders 

 of record August 1. It is stated also that an offering of pre- 

 ferred stock will be forthcoming in a few months. The regular 

 cash dividend at the rate of 2 per cent, per quarter was also de- 

 clared by the directors. 



MR. SPENCER TURNER TO BE MARRIED. 



Mr. Spencer Turner, grandson of the late J. Spencer 

 Turner, and son of Thomas M. Turner, of the Spencer 

 Turner Co., New York City, will be married on September 

 14 at Pittsfield, Mass., to Miss Jessica Pomeroy Bishop, 

 daughter of Mr. and Mrs. Henry W. Bishop of that place. 

 The ceremony will be performed in St. Stephen's Episcopal 

 Church and will be followed by a reception at Wiaka, the 

 summer home of the bride's parents. 



