504 



THE INDIA RUBBER WORLD 



ll-NK 1. 1915. 



News of the American Rubber Trade. 



THE FISK COMPANT ACQUIRES LARGE PLOT. 



THE Fisk Rubber Co. lias acquired what was formerly known 

 as the Griggs property, at the corner of Oak and Grove 

 streets, i hicopee Falls, Massachusetts. The plot consists 

 of about 3 ind ha approximately 450 feet frontage on 



Oak street, 435 feet on Grove street and on the west 2,000 feet 

 i railroad frontage. The railroad divides tins property from 

 the present plant. 



Because the land originally owned by the Hsk company is 

 now completely occupied by the recently enlarged plant, the ex- 

 pansion of business has made necessary the acquisition of this 

 property. Plans have been drawn for the erection of a modern 

 building at the corner of Oak and Grove streets upon 

 which work will be started at once. \ warehouse and manu- 

 facturing buildings will eventually be built on the remaining 

 land The present offices will be used for rest rooms, restaurants, 

 laboratory and hospital rooms. 



The incri lsi ice available will make it possible for the 



company to provide for the welfare of its employes to a greater 

 extent then has heretofore been possible because of lack of room, 

 due to the rapid development of the business. The additions 

 planned will make the Fisk Rubber Co. one of the largest in- 

 stitutions m New England, and its plant will he modern and 

 well equipped in every particular. 



FIVE RUBBER CONCERNS COMBINE. 



The rive Boston branch stores of the United States Rubber 

 namely, the Banigan Rubber Co., the Enterprise Rubber 

 Co.. the lluhmark Rubber Co., the Xew England Rubber Shoe 

 Co.. and the Tremont Rubber Co., are to be brought together 

 under one roof and combined into one company known as the 

 I mini States Rubber Co. of New England. These five branch 

 Stores, which have hitherto been at different places, will after 

 tin- iirst of July all be located at 2<S0-284 Summer street, when 

 lie amounting to 100.000 square net has been secured, 

 which will be adequate for the proper display of the various 

 brands. 



The managers of the various branch stores will still remain 

 in charge of their different brands. C. I.. Weaver will continue 

 manager of the Banigan branch; Chester Pike. Jr.. will remain 

 manager of the lluhmark branch; Edward B. Swett will look 



the American goods as heretofore, and M. C. Kalisb will 



manage tin- Wales-G lyear branch, while William H. Porter. 



now i f tin Enterprise Rubber Co., will he general manager. 



The retail department of the Enterprise company will he dis- 

 continued. 



The Post, ,n office of the United States Rubber Co. — Charles 

 \ Coe eastern selling agent— will remain as it has been for 

 years, at 140 Essex street. The American Rubber Co.'s cloth- 

 ing department, in charge of X. Lincoln Greene, will also con- 

 tinue as at present, at that location. Alterations are now in 



P, \ , i e Rubber Co.'s Boston office 

 and salesroom— J. II. Learned manager — which will be m 

 to 14n Essex -ireet from its present Devonshire street location, 

 on the 17th of this month. The Revere Rubber Co. manufac- 

 tures the Step" ml, her heel. aP,, a general line of 

 mechanical goo 



GOVERNMENT SUPPLIES WANTED. 



Bids will be opened June s ,,,, 2,800 feet of air hose. Bid- 

 ders interested should apply either to the Paymaster General 

 I S X. at Washii to the nearest Navy Pay Office, 



schedule X., 8301 On the same date bids will be opened 

 on 8.500 Fi strand rubber covered wire — ichedul 



Js.^45 — and on 51,000 feet of single conductor wire and in- 

 terior communication cable — schedules 8345 and 8347. 



Schedule 8338 calL for garden and suction hose, bids on 

 which will be accepted until June 15. 



DIVIDEND PAID TO WALPOLE CREDITORS. 



The creditors' committee of the Walpole Tire & Rubber Co., 

 oi Walpole, Massachusetts, made distribution May 24 of a divi- 

 dend amounting to 25 per cent, of the face value of claims. At 

 the same time a circular letter was sent out to depositing credit- 

 ors referring to the sale of certain assets to and the continuance 

 of the business of the Walpole and subsidiary companies by the 

 Revere Rubber Co., of Chelsea, Massachusetts. Part of the pur- 

 chase price has been paid by the Revere company, the balance 

 to he paid as soon as necessary papers can be passed, inventory 

 taken, etc. This circular letter also advises that another sub- 

 stantial dividend may reasonably be expected within thirty days. 



That the stockholders of the Walpole Tire & Rubber Co. are 

 not satisfied with the arrangements resulting in the purchase of 

 this property by the creditors' committee, and the subsequent 

 disposal of a portion of its assets — merchandise, machinery, con- 

 tracts, etc.— is evidenced by the fact that a meeting was held at 

 Boston on May 10 at which 4.300 shares of preferred stock were 

 represented and at which a committee was appointed to in- 

 vestigate all of the affairs in connection with the company since 

 its receivership and prior thereto and to report back to the 

 stockholders. 



A TEST OF DREADNAUGHT TIRES. 



A novel tire test is being made by the Dreadnaught Tire & 

 Rubber Co., of Baltimore. A Lancia car equipped with Dread- 

 naught tires recently started from New York for a trip to San 

 Francisco; and as this company guarantees its tires for 7,500 

 miles' service, it expects the round trip to be completed on the 

 original casings. Messrs. LaPorte and Goss, who are making 

 the trip, are insured comfort along the route, for the interior 

 of the car has been arranged on the Pullman idea, with berths 

 suspended from the roof and with racks for carrying the lighter 

 baggage. The long tail-board of the car can also be dropped out- 

 ward, and a single curtain arrangement insures warmth and 

 protection and obviates the necessity of a tent. The tires were 

 inspected and marked by a committee at the commencement of 

 the trip and will be re-examined at its end. 



RUBBER COMPANY DIVIDENDS. 



Ihe American Chicle Co., of Xew York, on May 20 paid a 

 quarterly dividend of 1> . per cent, on its common stock to stock- 

 holders of record on May 15. 



Ihe \psKv Rubber Co., of Hudson, Massachusetts, has de- 

 clared a semi-annual dividend of 3J/2 per cent, on its preferred 

 stock, payable July 1 to stockholders of record on June 22. 



The B F. Goodrich Co.. of Akron, Ohio, has declared a quar- 

 terlj dividend oi 1 i, per cent, on its preferred stock, payable Jul) 

 1 to stockholders of record on June IX. 



The Converse Rubber Shoe Co.. of Maiden, Massachusetts, 

 has declared a regular semi-annual dividend of 3'i per cent.. 

 payable June 1 to stockholders of record on May 24. 



CONVERSE RUBBER SHOE CO. INCREASES CAPITAL STOCK. 



\t the annual meeting of the Converse Rubber Shoe Co., 

 ol Maiden. Massachusetts, held May 5. the old board of direc- 

 tors was n elected, as well as the former officers of the com- 

 who are President. M. M. Converse; secretary. II. L. 

 Dolliff: treasurer. Hugh Bullock; assistant superintendent. 

 II. C. Arnold. At a previous meeting of the stockholders 

 late in March, authorization was given for an increase in 

 capital stock- from $600,000 to $700,000, and the greater part 

 oi this issue — placed by Adams & Co., of Boston — according 

 to late information, has already been sold. 



