The Cycle Age And Trade Review, Vol 21, No 40
Articles in this issue
- p. 1
Dr. C. S. Stockton of the Stockton Mfg. Co. published an open letter to the bicycle parts trade urging manufacturers to stop selling hubs for a dollar and pedals for thirty cents at a loss, arguing that good hubs and pedals could sustain decent prices and that the cut-throat policy was bankrupting everyone in the business.
- Hay and Willits Co. Attacked: Receiver Sought
The Indianapolis Chain and Stamping Co. applied for a receiver for Hay and Willits Mfg. Co., alleging the Indianapolis bicycle maker had transferred its largest assets to two creditors in violation of the new federal bankruptcy law in an effort to prefer them over more than 100 other claimants.
- p. 2
Charles H. Sieg invited creditors of his Kenosha bicycle factory to a September meeting, offering to represent smaller creditors at no charge and expressing confidence that a settlement satisfactory to all parties could be reached.
- p. 2
A technical review described the Triumph flexible frame bicycle's engineering approach to absorbing road vibration, and posed questions about how the frame's intentional flexibility could be reconciled with the need for precise alignment and consistent handling.
- p. 2
Cleveland jobbers were competing aggressively for retail dealer accounts, while the Shelby Steel Tube Co. and A. L. Moore company announced plans to jointly supply all parts for complete three-crown frame machines, and new lightweight wood rims were under development at the Kundtz bending works.
- Department Store Tricks: Unloads Stock at Cut Prices
A Reading, Pennsylvania department store was selling bicycles far below established prices in ways that undercut local dealers, who responded by diversifying into sporting supplies, sewing machines, hardware, and music goods to generate winter revenue.
- Gigantic Steel Interests Combine in Illinois
The consolidation of Illinois Steel, Lorain Steel, and Minnesota Iron into a single entity with fifteen blast furnaces was reported as a development likely to affect bicycle tube and parts prices by altering the balance of power in the raw steel market.
- Adopting Side Lines in Reading, Pennsylvania
Reading cycle dealers were adding sporting supplies, sewing machines, wooden ware, hardware, and other goods as side lines after excessive heat suppressed bicycle sales and manufacturers redirected remaining output toward export and western consignment orders.