240 



THE INDIA RUBBER WORLD 



[April i, 1908. 



HAHDMAN HUBBER CO.— SALE OF PLANT. 



The receiver for the Hardman Rubber Co. (Belleville, New 

 Jersey), who advertised for bids for the plant of that company 

 to be opened on March 14, failed to effect a sale of the prop- 

 erty as a result. Later, however, a bid was received for the en- 

 tire machinery and equipment from John E. Van Duke, as agent, 

 and the court of chancery ordered that the creditors of the com- 

 pany should show cause before that court, at Newark, on 

 March 31, why the bid should not be accepted. The intending 

 purchasers are understood to be thoroughly acquainted with the 

 rubber industry, and to be in a position to consider propositions 

 from persons prepared to invest additional capital in a modern 

 and well equipped going plant. 



ORIENTAL RUBBER CO.— ASSIGNMENT. 



Domingo ^I. Monjo, of Elizabeth, New Jersey, president of 

 the Oriental Rubber Co., has brought a suit in the New Jer- 

 sey court of chancery at Trenton for the appointment of a 

 receiver for the company. He claims the company is bank- 

 rupt and that for some time the business has been conducted 

 at a loss. Following the filing of the bill, on March 23, 

 Vice Chancellor Howell made an order appointing Frederick 

 R. Moddock, of Newark, receiver for the concern. The company 

 is capitalized at $125,000 and the present directors are Otto 

 H. C. Arendt, Edward A. Monjo, and the complainant. The 

 bill says that the company owes President Monjo $5, 100 and 

 has no ready money to continue the business. It is further 

 shown that it has been compelled to lay off many of the em- 

 ployes. According to the bill the assets aggregate $71,300, as 

 follows: The plant on Searing street, Newark, $52,000; stock 

 and manufactured goods on hand, $13,000; book accounts, 

 $6,100; cash, $200. The liabilities are given as follows: 

 Mortgage on plant, $6,000; bills payable, $11,500; accounts pay- 

 able, $11,900; debts for money loaned and advanced, about 

 $6,500. 



TRADE NEWS NOTES. 



Mr. E. p. C.\Mr has been appointed manager of the New 

 York branch of the Cincinnati Rubber Manufacturing Co., at 

 No. 136 Liberty street. He is well acquainted with the trade in 

 New York and its vicinity, through his connection hitherto with 

 the Voorhees Rubber INIanufacturing Co. 



The 10,000 employes of the General Electric Co. (Schenec- 

 tady, New York), it is reported, after having worked for 

 some two months four hours a day, are about to go on full 

 time. This indicates that the insulated wire department, as 

 well as the others, is well supplied with orders. 



Mr. Arthur W. Stedman, of George A. Alden & Co., Bos- 

 ton, and president of the New England Rubber Club, has 

 been very ill with pneumonia at the Seapoint Club, Hyannis, 

 Massachusetts, where he went for a few days' rest. Through 

 the constant and skillful care of his cousin. Dr. J. C. Sted- 

 man, ho has been pronounced out of danger and well on the 

 road to recovery. 



The annual meeting of the shareholders of the Rubber Goods 

 Manufacturing Co., a corporation under the laws of New Jersey, 

 will be held at noon on Thursday, April 9, at the registered office 

 of the company, in Jersey City. 



There is probably no better known man in the waterproof 

 clothing trade than Charles F. Hamilton, his beginnings as a 

 marketer of his special lines occuring back in 1883, when he sold 

 gossamers for t!ie Standard Rubber Co. Later, it will be remem- 

 bered, he was with the Gossamer Rubber Clothing Co. ,and still 

 later the Goodyear Gossamer Rubber Co., which, in 1887, be- 

 came the Apsley Rubber Co. In all these years he was accounted 

 one of the most brilliant and popular salesmen in his line. It 

 wil probably interest his friends to know that, to use a stock 

 expression, he has "quit the road" to take charge of the business 

 of the Rubber Manufacturing and Distributing Co., now opening 

 a store in Spokane, Washington. 



PERSONAL MENTION. 



The trade will be glad to learn that W. H. Lockwood,' for- 

 merly treasurer of the Davidson Rubber Co., has returned after 

 spending the winter in the South fully recovered in health. 



Mr. S. H. C. Miner, hale and hearty with the flush of health on 

 his cheeks and his gray eyes alight with energy and purpose, 

 spent two weeks in March in the city of Boston, where he has 

 large interests. He is planning to move from his winter home 

 in Montreal (the Windsor Hotel) to his home in Granby about 

 the first of May. 



Of the guests at the New England Rubber Club dinner on 

 March 11 was a notable contingent from the Pacific coast, num- 

 bering Mr. Richard H. Pease and his son, of the Goodyear Rub- 

 ber Co., and Mr. H. C. Norton, vice-president and manager of the 

 Pacific Coast Rubber Co., all from San Francisco, and Mr. Franz 

 Richter, of the Washington Rubber Co., of Seattle, Washington. 



When General Taylor, at the New England Rubber Club din- 

 ner, was describing some financial deals between Jay Gould and 

 Tom Scott, and incidentally having fun with the memory of both 

 of these magnates, he was unaware that a valued member of 

 the New England Rubber Club, called by a few of his intimates 

 "Scotty," a grandson of the second named gentleman, sat di- 

 rectly in front of him and if one could judge by his broad 

 smile, enjoyed that part of the entertainment as much as any- 

 body. 



The Hon. L. D. Apsley is justly proud of the fact that he was 

 bidden to Lockhaven, Pennsylvania, on March 12, to celebrate the 

 birthday of his father, Mr. George Apsley, who is 90 years old 

 and still in active business. 



Colonel Harry E. Converse, president of the Boston Rubber 

 Shoe Co., is spending a few weeks on the Pacific coast. 



Messrs. George A. Lewis, president, and La Vete C. Warner, 

 superintendent, of the Beacon Falls Rubber Shoe Co., were re- 

 cently enjoying a vacation at Camden, South Carolina. 



Mr. D. Lome McGibbon, president of the Canadian Consoli- 

 dated Rubber Co., on account of impaired health, has applied for 

 and received a six months leave of absence, which he intends to 



F. F. Schaffer, superintendent of the factory of the Good- 

 year's India Rubber Glove Manufacturing Co. (Naugatuck, 

 Connecticut), was recently on a vacation at Camden, South 

 Carolina. 



Mr. A. ^L Stickney, president of the Wellman Co. (Medford, 

 Massachusetts), who since his recovery from pneumonia has 

 suffered considerably from a bronchial difliculty, has gone South, 

 his trip embracing Nassau and southern Florida. His many 

 friends the world over wish him a speedy recovery, which a 

 warmer climate and his wonderful constitution should guarantee. 



Mr. B. T. Morrison, treasurer of the Reading Rubber Manu- 

 facturing Co. (Reading, Massachusetts), is back from Europe, 

 and although he has been somewhat under the weather it is 

 gratifying to know that he has fully recovered his health. 



Mr. E. B. Townsend, brother of the president of the Man- 

 hattan Rubber Manufacturing Co., and one of the directors, has 

 just returned from a midwinter vacation to Jamaica, Panama, 

 and the Windward Islands. 



Martin Van Huren Jefferson, who died at his home in Wor- 

 cester, Massachusetts, on March 1 1, had been for a number of 

 years a director in the Rubber Manufacturers' Mutual Insur- 

 ance Co. He was president of the Cotton and Woolen Manu- 

 facturers' Mutual Insurance Co., and a director in the various 

 other mutual companies in the group comprising the two named 

 here. 



B. A. Zacks & Sons (Eric, Pennsylvania,), large handlers of 

 waste rubber, have just taken possession of larger new quarters, 

 at Twentieth and Ash streets. Mr. Henry Zacks, who has been 

 traveling for the house for several years, has been admitted to 

 the firm. 



