November 



<9°3-] 



THE INDIA RUBBER WORLD 



57 



NEWS OF THE AMERICAN RUBBER TRADE. 



THE FISK RUBBER CO. ASSIGN. 



THE following statement was issued on October 15: 

 The Fisk Rubber Co. has made an assignment to A. N. 

 Mayo, of Springfield [Massachusetts], for the purpose of re- 

 organization and increase of capital stock. The business will 

 be continued without interruption. The assets are in excess of the 

 liabilities, and it is expected that all indebtedness will be paid in full. 

 James B. Carroll, a lawyer of Springfield, has been re- 

 tained by the creditors, who, at last accounts, were understood 

 to be favorable to some plan of reorganization that would per- 

 mit of the f usiness to be continued, with a larger capital than 

 hitherto. The Fisk Rubber Co. were incorporated in the latter 

 part of 1898, to acquire the plant of the Spalding & Pepper 

 Manufacturing Co. (Chicopee Falls, Mass.), in liquidation. The 

 company have been engaged in the manufacture of bicycle and 

 vehicle tires, apparently doing a good business, though the cap- 

 ital has never been increased beyond the original figure, $33,- 

 000. The India Rubber World was informed recently that 

 an offer had been made for the Fisk factory by Colonel Albert 

 A. Pope, head of the Pope Manufacturing Co. The Springfield 

 Republican states : " A rumor was circulated a few days ago that 

 it [the Fisk company] was on the point of selling out to the 

 Pope company of Hartford, and it is a fact that a short time ago 

 the Pope company made an offer, but it was not considered." 



SHELTON RUBBER RECLAIMING PLANT CLOSED. 

 The U. S. Rubber Reclaiming Works, having erected at 

 Buffalo, New York, the largest rubber reclaiming plant in ex- 

 istence, have closed for an indefinite period their original plant 

 at Shelton, Connecticut, though the latter will not be disman- 

 tled, at least for the present. The Shelton plant dates from 

 1889, in January of which year the Derby Rubber Co. was in- 

 corporated, with $20,000 capital, by V. A. Page, W. F. Askam, 

 and Robert N., Royal M., and Theodore S. Bassett. The 

 Derby Rubber Co. joined with four other concerns, in forming 

 the Rubber Reclaiming Co., which controlled the trade from 

 May 9, 1 891, to June 1, 1895. After the dissolution of the combi- 

 nation the Shelton plant was continued by a new company, the 

 U. S. Rubber Reclaiming Works, with which was merged, in 

 1900, the Loewenthal Rubber Co., of Jersey City, New Jersey. 

 Theodore S. Bassett, named above, has been identified with the 

 business continuously, being now president of the U.S. Rub- 

 ber Reclaiming Works, while W. F. Askam, whose knowledge 

 of reclaiming processes was the basis of the original Shelton 

 undertaking, is at Buffalo, as general superintendent. 



THE POPE MANUFACTURING CO. 

 The details of the acquisition of the American Bicycle Co. 

 and its constituent companies by the new corporation headed 

 by Colonel Albert A. Pope have been given from time to time 

 in these columns. On October 14, all the necessary legal pre- 

 liminaries having been arranged, orders were given that all 

 business would be transacted in future in the name of the Pope 

 Manufacturing Co., the names " American Bicycle Co." and 

 " American Cycle Manufacturing Co." disappearing. There are 

 factories at Hartford, Connecticut ; Westfield, Massachusetts ; 

 Hagerstown, Maryland ; and Chicago, Illinois. Offices and 

 branches are maintained in New York, Boston, Providence, 

 Philadelphia, Washington, and San Francisco.=Early in the 

 month Colonel Pope was invited to address the Hartford 

 Workingmen's Club, which he did, recounting the history of 

 the first Pope Manufacturing Co., incorporated in 1877, with 



only $3300 capital. A handsome floral horseshoe was presented 

 to Colonel Pope by the members of the club. 



AMERICAN TUBING AND WEBBING CO. 



Lorin M. Cook and Willard C. Perkins, receivers for this 

 company (at Providence, Rhode Island) since March 14, 1903, 

 have applied to the Rhode Island supreme court for leave to 

 iquidate the property, and a hearing has been set for the mo- 

 tion on November 2. Mr. Perkins informed The India Rub- 

 ber World correspondent a few days since that there was no 

 doubt that the property would eventually be sold, but that he 

 could tell nothing definite until after the hearing. Meanwhile, 

 the plant was running on full time and will probably continue 

 to do so until some disposition has been made of the property, 

 but ever since the concern went into the hands of receivers the 

 working force has gradually been diminishing. The claims of 

 creditors are understood to amount to about $300,000. The 

 embarrassment of the company grew out of the failure of 

 Dresser & Co. (New York), details of which were given in The 

 India Rubber World April 1, 1903 (page 239) and July 1 

 (page 354). 



WHY THEIR TIRES ARE HIGHER IN PRICE. 



The Consolidated Rubber Tire Co. (New York and Akron, 

 Ohio) have circulated in their trade a chart illustrating the ad- 

 vance in crude rubber prices, with the following explanatory 

 paragraph : " The above chart gives the New York market 

 price per pound of Para rubber for the past fifteen months as 

 reported by The India Rubber World. This advance in 

 price alone is sufficient reason for the advance in price of Kelly- 

 Springfield tires, and further comment is unnecessary." 



A NEW LAST COMPANY IN CANADA. 

 The Standard Last Co. of Granby, Quebec, has been organ- 

 ized lately, for the purpose of combining two plants already ex- 

 isting. One is that of the old Granby Last Co., which went 

 into liquidation last summer. The other plant acquired com- 

 prises the last making machinery and stock of blocks of the 

 Canadian Rubber Co. of Montreal. A fine equipment has thus 

 been secured. The business management of the company will 

 be in the hands of Joseph Thomas Hart, superintendent of the 

 boot and shoe department of the Canadian Rubber Co., while 

 the factory end will be looked after by John Libby, who form- 

 erly operated the last department of the Canadian company. 



NEW YORK STOCK EXCHANGE TRANSACTIONS. 

 United States Rubber Co. : 



Rubber Goods Manufacturing Co. : 



