November i, 1907. 



THE INDIA RUBBER WORLD 



59 



NEW GENERAL ELECTRIC PLAN. 



It is stated that the Geiieral Electric Co. have recently in- 

 augurated a radical revision of their entire system of credits on 

 goods sold which seems likely, when fully worked out, to have 

 the practical effect of a 15 to 20 per cent, increase in working 

 capital, making it possible for the company to do from $10,000,000 

 to $12,000,000 more gross business than at present, without any 

 increase in capitalization. 



CHANGE OF FIRM STYLE. 



I. I. SnoNBEKG having resigned from the partnership of Green 

 & Shonberg, dealers in scrap rubber at Nos. 110-116 Nassau 

 street, New York, this business will be conducted hereafter under 

 the name of Hans L. Green & Co., by Hans L. Green and Harry 

 A. Weisberger. Mr. Green has lately returned from Europe, 

 where he obtained the agencies of important dealers, and in 

 order to manage an increasing business the firm are occupying 

 larger quarters than formerly- 



INSPECTION OF ELECTRIC WIRES. 



The Wire Inspection Bureau, some account of the work of 

 which appears elsewhere in this paper, have sent out all over the 

 country requests for samples of electric wires taken from old 

 or put into new installations, with suitable blank forms for filling 

 in certain details descriptive of the samples and their history. 

 The object is to find out how wires made up with different 

 characteristics will stand the test of time. 



A NEW HAVEN WIRE PLANT SOLD. 



The wire plant of the National Wire Company, at New 

 Haven, Connecticut — a company placed in the hands of receivers 

 early in the year and later adjudged bankrupt — has been pur- 

 chased by the .A.merican Steel and Wire Co. (Worcester, Massa- 

 chusetts), a subsidiary company of the United States Steel Cor- 

 poration. The price mentioned is $650,000. H. Stuart Hotch- 

 kiss (of L. Candee & Co., rubber manufacturers) was one of the 

 receivers and one of the trustees of the estate in bankruptcy. 

 The American Steel and Wire Co. manufacture rubber insulated 

 wire, among other products, at Worcester, but will not make 

 this type of wire at X'cw Haven. 



DUTIABLE WASTE RUBBER IMPORTS. 



An importation at New York was found to consist of new 

 ■scrap rubber consisting of pieces of hot-water bottles, tubing, 

 and the like, rejected as waste at the factory. The board of 

 general appraisers upheld the classification of the goods as waste 

 under paragraph 463, tariff act of 1897 ["Waste, not specially 

 provided for in this act, 10 per cent, ad valorem"}, overruHng 

 the importer's contention that it was free of duty under para- 

 graph 579 as refuse rubber I'lt only for remanufacture. 



GRANT TIRE PATENT TO THE SUPREME COURT. 



Applic.\tion for a writ of certiorari has been made to the 

 United States supreme court in the case of The Milwaukee 

 Rubber Works Co. against The Rubber Tire Wheel Co. In the 

 first place, the Rubber Tire Wheel Co., the owner of the Grant 

 •solid tire patent (No. 554,675), entered into relations with a com- 

 bination of tire manufacturers, and in time sued the Milwaukee 

 company on a claim that it had not kept its agreement as to the 

 payment of royalties. There was involved a fund of $50,000 for 

 the purpose of maintaining the combination. The United States 

 circuit court for the eastern district of Wisconsin dismissed the 

 case on the ground that the agreement was in restraint of trade. 

 {See The India Rubher World, March 11, 1906 — page 194.] 

 The circuit court of appeals reversed this decision and ordered 

 judgments for the royalties claimed, taking the ground that as 

 the $50,000 fund had never been actually used to kill off competi- 

 tion, no offense had been committed, and besides the trade in 

 patent articles, it held, was exempt from the general prohibition 



against combinations in restraint of trade and competition. The 

 Milwaukee company now seek an adjudication of the case by the 

 supreme court. 



NEW INCORPOBATIONS. 



lowA Auto and Tire Co., September 5, 1907, under the laws of 

 Iowa; capital, $24,000; to handle automobiles and repair tires, 

 and run a general garage business, at No. 414 Main street, Daven- 

 port, Iowa. Theo. Oelkers is president, J. L. Hebert, treasurer, 

 and P. C. Petersen sales manager. 



Green Insulation Co., October 4, 1907, under the Ohio laws; 

 capital, $50,000. Incorporators: D. J. Barry, E. P. Strong, J. E. 

 Chadwick, I. C. McDonald, and G. L. Rebman. Location : 

 Cleveland, Ohio. 



Delta Rubber Co., September 4, 1907, under the New Jersey 

 laws ; capital, $100,000. Incorporators : Edward D. Cronin, 

 Brooklyn ; Fred Knowlton and Edgar A. Monfort, New York 

 City. 



Haverhill Rubber Co., October i, 1907, under the Massachusetts 

 laws ; capital, $25,000. Incorporators : Erastus E. Dorman, Law- 

 rence, Mass. ; Georgia Clark and Isaac Crocker, Providence, 

 Rhode Island. 



Home Tire Co., October 2, 1907, under the New Jersey laws ; 

 capital, $25,000. Incorporators : Edward W. Moore, Jr., Harry 

 Klag. Jr., and Charles A. Comp, all of Trenton, N. J. 



The Maryland Belting and Packing Co., October 2, 1907, under 

 the Delaware laws ; capital, $100,000. This company, manufac- 

 turing special stitched canvas belting and packing, was formerly 

 incorporated under the laws of Maryland, with a smaller capital. 

 George D. Iverson, Jr., is president, Arthur L. Campbell vice 

 president, and Samuel T. Owings secretary-treasurer. Location : 

 Nos. 502-506 South Dallas street, Baltimore. 



The Coomber Tire and Rubber Co., October 4, 1907, under the 

 laws of New York; capital, $25,000. To manufacture packings 

 and tire treads, at Jersey City, New Jersey; New York office. 

 No. 120 Cedar street. James J. Coomber, of New York city, and 

 William H. Cafifrey, of Brooklyn, are among the directors. 



The Bayne-Subers Tire and Rubber Co., October 5, 1907, 

 under the Ohio laws; capital, $5000. Incorporators: L. A. 

 Subers (president and manager of The Cosmopolitan Sanatorium 

 Co., Cleveland, Ohio), Dr. R D. C. Bayne, A. T. Osborn, E. O. 

 Peets, J. E. Taylor, O. N. McClintock, and Z. B. Sawyer. 



TRADE NEWS NOTES. 



Hopewell Brothers (Cambridge, Massachusetts), manufactur- 

 ers of the Hopewell tire case described in The Indi.\ Rubber 

 World September I, 1906 (page 394), announce that they have 

 decided to furnish with each of their cases an inner tube case, 

 in consequence of which they are making an advance in their list 

 prices. In future they w-ill not sell tire cases without this tube 

 case. 



Mr. R. G. Howell, who retired lately as manager of the Frank- 

 lin car department of Wyckof?, Church & Partridge (New York), 

 dealers in automobiles and tires, has had incorporated under the 

 laws of New York state The R. G. Howell Co., with Mr. Howell 

 as president and general manager and J. Z. Baten, treasurer, and 

 headquarters at No. 1657 Broadway. They have secured the 

 agency for The Northern Motor Car Co. (Detroit) for New 

 York and vicinity. 



The O'Sullivan Rubber Co. include in their output of rubber 

 heels the principal fashionable shapes in ladies' wear — something 

 that not all the houses in the trade do. Their small "Cuban" 

 heels, with flaring wings, are referred to as smaller than any 

 other rubber heels in the market. 



Mr. W. N. Shelton, manager of the cravenette, mackintosh, 

 and surface clothing department of the Hodgman Rubber Co. 

 (New York), left for the West on October 15. for an extended 

 tour among the Hodgman jobbers. 



