March i, 1904.] 



THE INDIA RUBBER WORLD 



213 



NEWS OF THE AMERICAN RUBBER TRADE. 



PARAMOUNT RUBBER CO. CHANGES OWNERS. 



THE Paramount Rubber Co. (Newark, New Jersey) has 

 by unanimous vote of the stockholders gone into liqui- 

 dation, and will cease to exist as a corporation. At a 

 meeting of the directors held on January 22, this action 

 was determined upon, and a meeting of stockholders called for 

 March 4 to ratify the dissolution. As the directors and stock- 

 holders are identical, there will be no opposition. This factory 

 has been exclusively employed making erasers, rubber bands, 

 and other such goods for A. W. Faber, lead pencil manufac- 

 turers, and the members of that firm have from the beginning 

 been interested in the plant. They have recently acquired all 

 the stock, and this is the occasion for the dissolution of the 

 corporation. William F. G. Geisse, manager of the Faber firm, 

 stated to a representative of The India Rubber World that 

 the business of the factoiy would be continued exactly as here- 

 tofore, with the exception that instead of being a corporation, 

 it would be a portion of the firm of A. W. Faber (New York). 

 "The same number of people will be employed, the same people, 

 the same amount of goods will be made," said he. " We make 

 at this factory all the rubber goods we use, whether in the do- 

 mestic trade or for export. "= = The Paramount Rubber Co. 

 was incorporated in New Jersey in 1898, and acquired the fac- 

 tory of L. Joy & Co. (Newark), where, for nearly 40 years, car- 

 riage cloth and rubber clothing were made. The Paramount 

 company was organized with $100,000 capital, with John M. 

 Underwood, president ; Otto Arendt, vice president and secre- 

 tary ; Frank Holt, treasurer ; and James S. Brant, superinten- 

 dent. 



U. S. RUBBER RECLAIMING WORKS. 

 Mr. Frank W. Brewster will, on March 1, sever his con- 

 nection with the Birmingham Iron Foundry (Derby, Connecti- 

 cut) of which he has been mechanical engineer for a number 

 of years, and on that date assume the position of general super- 

 intendent of the various plants of the U. S. Rubber Reclaiming 

 Works, of New York, making his headquarters at Buffalo, New 

 York. Mr. Brewster has been identified with the Birmingham 

 Iron Foundry, as well as with rubber manufacturing for nearly 

 20 years. He is favorably known by practically all the rub- 

 ber manufacturers in America, as well as abroad as one of the 

 foremost mechanical engineers as pertaining to rubber machin- 

 ery and rubber manufacturing in general, and he will be a great 

 acquisition to the company. The business of the company has 

 increased so rapidly that it is already taxing to the utmost the 

 facilities of the new large mill at Buffalo, and it is understood 

 to be the intention of the company as soon as weather condi- 

 tions permit, to build large additions thereto, which will ma- 

 terially increase its output. We wish Mr. Brewster every suc- 

 cess in his new departure. 



FAILURE OF GEORGE W. BERRIAN. 



George W. Berrian, dealer in rubber goods at No. 26 

 Cortlandt street, New York, filed a petition in bankruptcy on 

 February 10, his liabilities being named as $14,631 with nominal 

 assets of $3120. Mr. Berrian began in the rubber business May 

 i, 1895, as a partner in Camp & Berrian, at thecorner of Nassau 

 street and Maiden Lane, buying out his partner January 1, 

 1898. He gave up the store May 1, 1903, removing to the Cort- 

 landt street address. Mr. Berrian was president of the K. B. 

 M. Novelty Co., manufacturers of rubber goods at Newark, 

 New Jersey, for which concern a receiver was appointed about 



two months ago. Mr. Berrian owned 300 shares of stock in 

 the concern and had a claim against it for §2600 for money ad- 

 vanced. Francis H. Griffin, No. 41 Wall street, was appointed 

 receiver to wind up Mr. Berrian's affairs. When seen by a rep- 

 resentative of The India Rubber World, Mr. Griffin said 

 that Mr. Berrian would engage in some other business here- 

 after. The former stand of Mr. Berrian was in the premises 

 originally occupied by Daniel Hodgman, founder of the Hodg- 

 man Rubber Co. 



INTERNATIONAL RUBBER MANUFACTURING CO. 



Notice has been given to the creditors of this corporation, 

 in bankruptcy, that the first meeting of its creditors will be held 

 on March 14, at 2 P. M., at the office of Edwin A. S. Lewis, ref- 

 eree in bankruptcy, at No. 1 Newark street, Hoboken, New 

 Jersey, when said creditors may attend, prove their claims, ap- 

 point a trustee, and transact such other business as may prop- 

 erly come before said meeting. The official notice states the 

 amount of assets at $152,079 78 and the liabilities at $163,697.12. 



EUREKA FIRE HOSE CO. 'S DENVER BRANCH. 

 The Eureka Fire Hose Co. (New York) have made arrange- 

 ments with Mr. Julius Pearse, of Denver, to represent them ex- 

 clusively in the sale of their rubber lined cotton fire hose, in 

 the states of Colorado and Wyoming. Mr. Pearse has had 

 large experience in fire department matters, having been chief 

 of the Denver fire department for seventeen years. In making 

 this connection the Eureka Fire Hose Co. adhere to their 

 policy of having their selling department represented by men 

 who are the best and most widely known in their respective 

 territories, in the company's line of business. The office of 

 Mr. Pearse is Room 9, Jacobson building, Denver, Colorado. 



GEORGE WATKINSON & CO. (PHILADELPHIA.) 

 The plans for the change of control of this business, referred 

 to in the last India Rubber World as having been acquired 

 by interests allied to the United States Rubber Co., have not 

 yet been fully consummated, but progress is being made. The 

 entire stock of rubber boots and shoes, tennis goods, and wool 

 boots, has been purchased by A. F. Cox & Son, Portland, Maine. 



DELAWARE RUBBER CO. SOLD OUT. 



On February 17 there was a public sale of the effectsof this 

 company, a jobbing concern in the bicycle, tire, and rubber 

 trade, at No. 631 Market street, Philadelphia, ordered by the 

 receiver, Franklin Kessler. The India Rubber World's 

 Philadelphia correspondent reports that Mr. Kessler is not reg- 

 istered in the City Directory, and that he was unable to lo:ate 

 him. The sale took place as advertised, however, and com- 

 prised a number of water fans, bicycles and parts, and rubber 

 hose and mats. The major portion of the stock was purchased 

 by the Manhattan Storage Co. of New York, for $18,000. The 

 latter concern, engaged in wholesaling and retailing bicycles, 

 automobiles, and tires, will continue under their own firm 

 name, the business of the Delaware Rubber Co. The Delaware 

 company was composed of Jacob, Jesse, and Morris Froehlich, 

 and had been in business for several years. Recently they 

 made an offer to compromise with their creditors, which was 

 not accepted. Their liabilities were reported at about $55,000. 



Allied with the Delaware company was the Froehlich Rubber 

 Refining Co., incorporated June 9, 1903, with $9000 capital. 

 Morris Froehlich was president. A plant was operated at No. 

 3444 Trenton avenue, Philadelphia, making a rubber compound 



