The Cycle Age And Trade Review, Vol 21, No 45
Articles in this issue
- p. 1
John F. Palmer transferred all Palmer tire patents and the goodwill of Palmer Pneumatic Tire Co. to B. F. Goodrich Co. of Akron for a consideration believed to approach $400,000, with the Goodrich company expected to continue manufacturing the tires while retaining the Palmer name and Chicago office.
- Goodrich Company Always Made Palmer Tires
The Cycle Age noted that the Palmer-Goodrich transaction was less surprising than it appeared, since Goodrich had manufactured Palmer tires since 1892 and was already fully conversant with every detail of the formula, with less than one-half of one percent of output returned for repairs under guarantee in the previous two years.
- Infringement Suits Filed Under Palmer Patents
Shortly before the sale, Palmer's attorneys filed infringement suits against Newton Rubber Works and L. C. Chase and Co., with these suits passing to Goodrich along with the patents, and an additional suit filed by Goodrich against National India Rubber Co.
- New Marion Company to Operate Halliday Plant
The bankruptcy sale of Marion Cycle Works was confirmed by court and a new company incorporated by Indiana and Pennsylvania investors was formed with $30,000 capital to resume production at the Halliday plant under Philip Matter as president and manager.
- p. 1
A San Luis Potosi correspondent described how one dealer was successfully selling American shoes at three times their American price alongside bicycles, while another was poised to move into acetylene gas lighting systems for homes and factories as his primary winter side line.
- Auction Taboo in Kansas
Kansas cycle dealers organized effectively to prevent auction sales of bicycles in their territory, demonstrating a more aggressive local response to the cut-price auction trend than had been achieved in most eastern cities.
- Meeting of Parts Makers
Hub and pedal manufacturers met to discuss coordinated pricing, with letters of support from major producers read into the record and a resolution passed to form a more permanent organization at a follow-up meeting in Rochester.
- p. 1
The issue documented continued difficulties arising from department stores handling bicycles, including the erosion of established price structures, the handling of warranty claims with no service infrastructure, and the long-term damage to brand reputations when stores dumped inventory at season's end.