February 1, 1916.] 



THE INDIA RUBBER WORLD 



241 



News of the American Rubber Trade. 



ANNUAL MEETING OF THE REPUBLIC RUBBER CO. 



THE hfteenth annual meeting of The Republic Rubber Co., 

 Voungstown, Ohio, was held January 24 at the general 

 offices in Youngstovvn. 



The management reported that the tire business of the com- 

 pany had increased 69 per cent in 1915 over the previous year, 

 and that all mechanical goods departments, which constitute 

 about one-half of the concern's business, showed satisfactory 

 increases, with the exception of the railroad supply department 

 for air brake hose, steam hose, etc. In this line, demand and 

 prices were very poor until the latter months of the year. At 

 present there is marked improveineiit in volume and a little 

 betterment in prices. 



Taking all departments into consideration, the company had 

 tnore business on its books January 24 than on any date in its 

 history, and prospects are good. 



The usual cash dividends at regular rates were declared. The 

 old officers were re-elected as follows : Thomas L. Robinson, 

 president ; L. T. Petersen and J. H. Kelly, vice-presidents ; C. F. 

 Garrison, secretary ; M. I. Arms, 2nd, treasurer. There were 

 two additions to the board of directors : Henry M. Garlick, presi- 

 dent of the Standard Oil Cloth Co., and R. E. Cornelius, presi- 

 dent of the Mahoning National Bank. 



David Tod, who has served on the board for some years, 

 was not re-elected, at his own request, owing to the many calls 

 upon his time ; this being done with the understanding he will 

 return to the board at an early date. 



The boai-d of directors is as follows : M. I. Arms, Robert 

 Bentley, C. H. Booth, J. H. Kelly, L. T. Petersen, Thomas L. 

 Robinson, John Tod, H. K. Wick, John C. Wick, H. M. Garlick 

 and R. E. Cornelius. 



WASTE MATERIAL DEALERS HAVE NEW QUARTERS. 



The headquarters of the National Association of Waste Ma- 

 terial Dealers have recently been removed from 170 Summer 

 street to 185 Summer street, Boston, Massachusetts, where a 

 suite of offices on the top floor of the Brown Building has been 

 equipped with all the conveniences which members could desire. 

 One of the offices has been fitted up especially as a room for 

 members, with telephone and other conveniences, and should 

 prove an attraction to those visiting Boston. 



RUBBER COMPANY SHARE QUOTATIONS. 



The following market quotations of the shares of rubber i 



facturing companies on January 25 last are furnished by 

 Burnham & Co., 31 Nassau street, New York, and 41 Sou 

 Salle street, Chicago, Illinois : 



Bid. 



Ajax Rubber Co. (new). 71 



rirestone Tire & Rubber Co, common 7!0 



Firestone Tire & Rubber Co prtferrtd 113 



Fisk Rubber Co., common 1 1 7 



Fisk Rubber Co., 1st preferred 109 



Fisk Rubber Co.. 2nd pieferrtd liO 



Goodrich Co., The B. F, common 71 Ji 



■Goodrich Co., The B. F., preferred 110 



Goodyear Tire Si Rubber Co , common 340 



■Goodyear Tire & Rubber Co, preferred 114 



Kelly-Springfield Tire Co, common i "W ^9' 



I \eu 73^^ 



Kelly-Sprinjificld Tire Co 1st preferred K 



Kelly-Sprinpfield Tire Co, 2nd preferred 74!^ 



Miller Rubber Co., common 270 



Miller Rubber Co., preferred 113 



Portage Rubber Co., common 70 



Portage Rubber Co., preferred 102 



Swinehart Tire & Rubber Co 87 



United States Rubber Co , common 54 



United States Rubber Co , preferred 107>i 



John 

 th La 



89 



54 5i 

 108^ 



THE HODGMAN NEW YORK OFFICE MOVES UPTOWN. 



The completion of the interior furnishing and final preparations , 

 for occupancy of the Hodgman Rubber Co.'s new general office 

 building at Tuckahoe, New York, marked an epoch in the history 

 of that progressive company. 



A full description, with an illustration of the building, then 

 being erected, was published in the September issue of The 

 Indi.\ Rubber World, when it was stated that this company 

 would move its entire office force from 806 Broadway, New York, 

 to the new quarters, by January 1. 



This, however, was impossible, owing to delays m construction 

 work, and the removal was therefore deferred until January 29, 

 when it was systematically accomplished without the slightest 

 inconvenience to the routine of business. 



A New York sales office has been established at 8 West 

 Fortieth street, where the goods manufactured by the company 

 will be displayed and customers served by an adequate sales 

 force. This very central location, in the heart of the growing 

 up-town business district, is most convenient. The nearby New 

 York Central and Pennsylvania Railroad terminals, and the 

 hotel district, make access easy to out-of-town buyers. Here 

 the New York City trade will be handled by direct wire connec- 

 tion with the factory and an efficient auto-truck service will insure 

 prompt delivery to local New York points. Out-of-town freight 

 and express .shipments will also reach their destination without 

 appreciable loss of time, due to superior advantages afforded by 

 effective co-operation of salesroom, general offices and factory. 



VIOLATORS or UNITED STATES CUSTOMS LAWS FINED. 



When the neutrality squad of the United States Secret Service 

 discovered that rubber constituted the contents of various trunks 

 and boxes belonging to Mrs. Annie Dekkars, a passenger booked 

 for Holland on the steamship "Ryndam," an interesting state of 

 afTairs was revealed. The sequel of this story as recorded in 

 The Indi.\ Rubber World, January 1, found an ending last month 

 before Judge Clayton, of the Federal Court of the United States. 



Subsequent to the indictment of the five persons found guilty 

 of conspiracy in violation of the United States customs laws, by 

 the federal grand jury, the following fines were imposed by 

 Judge Clayton: Max Jaeger, $1,500; Edward Weber and Paul 

 Schmidt, $750 each; Richard Wohlberg, $100, and the Rubber 

 & Guayule Agency, Inc., $50. Mrs. Annie Dekkars, who was also 

 indicted, but unable to appear in court on account of sickness, 

 was later fined $250. by Judge Clayton. 



RUBBER CLUB INTERMEDIARY FOR RUBBER & GUA^ifULE AGENCY. INC. 



When the British consul at New York refused to accept 

 guarantees from the Rubber & Guayule Agency, Inc., recently 

 fined in the federal court for breaking the customs laws, the 

 Rubber Club of America, Inc., foresaw that an injury to inno- 

 cent manufacturers would result. Accordingly it took up the 

 matter vigorously with the British consul, who finally accepted 

 the club's offer to act as intermediary. The result is that all 

 contracts entered into with the Rubber & Guayule Agency, Inc., 

 prior to December 21, 1915, will be haiulled through the Rub- 

 ber Club. 



PEACE SHIP CARRIED RUBBER IN PARCELS POST. 



From a recent report issued by the British Foreign Office it 

 appears that on searching the steamship "Oscar II.," of erstwhile 

 peace fame, 55 bags containing rubber were discovered in the 

 parcels post mail. It is estimated that the amount of rubber 

 thus apprehended was 4,000 pounds. 



