Belding banner. (Belding, Mich.) 1889-1918, 1915-05-05
BUSINESS MEETING
Of BELD|NG BROS.
BEING HELD HERE
REPRESENTATIVES, FROM ALL
THE BRANCHES ARE IN AT
TENDANCE AT MEETINGS

Twenty-siX officers. directors and
managers of the Belding Bros. & Co.,
and their subsidiary companies are
here holding general trade confer
ence this week. All of the sales of
fices OF the company are represented
by their respective managers.
The Board of Directors and officers
of Belding Bros. q company. who are
here are: NJ. NJ. Belding, Jr., Of New
York, president; r. c. Youngs of
Chicago, vice-president; NJ NJ. Beld-
ing, Sr., of New York, treasurer; A.
n. Belding OF Rockville, Conn, secre-
tary: Fred n. Belding of Rockville,
Conn, assistant secretary; r.. +.
Crooks of Northampton, Mass, and
@. Il. Richardson OF Chicago. The
subsidiary companies are represented
as follows: Richardson silk company.
by G.. II. Richardson, president; II. j.
Soria of New York, vice president.
Belding Bros q Co, of California by
A. T.. Barnard, treasurer: Winsted SILK
company of Winsted Conn, by VIM,
J. Leonard and James j. Lawler; Sal
ter SILK company of Boston by Albert
LiVermore: The w b. Hackenburg
company of Philadelphia by w 5.
Belding; Belding- Pa -Corticelli COM
panY of Montreal by c. A. Reynolds
and w. ID. McDougall.
When asked about the business out
look Nj. NJ. Belding. Jra president of
all of the Belding Bros. X company's
interests replied. "They are not as
bright as we would like to see them.
We are having our meetings here this
week TO try TO expand the trade and
increase our business We have
plenty of dyestufts and other matreial
10 keep us going for a series of months
and expect TO keep producing While
we are accumulating some finished
stock our fabrics are moving faster
than our thread stocks.
do you expect To make any altera-
tions i'm the factories here or add to
the present equipment and force ?"
was asked No we do not expect to
make any changes at the present
time The thing we would rather do
than anything else would be TO build
more factories here. our hearts are
in the town and we are going to do
all we can for it,
1T has been rumored that the mills
might reduce labor hours. Is a move
of that nature contemplated? ?'
Not if we can possibly help it, We
will cut our expenses at every other
point before we cut labor hours. and
we will cut hours at every other point
before we cut them in Belding. The
Belding mills and Belding laborers
will be looked after in preference TO
all others"
Have you noted any marked inn
provement in trade conditions in the
past few weeks"
Not any perceptible improvement.
In view of the present lack Of pro-
per tariff regulations on our products
the European war is the salvation Of
our business We are hoping for
change of conditions very soon, that
will protect us in some way from
foreign cheap labor. At the close of
our managers meetings, which are be-
ing held the first part of the week we
expect to hold directors meetings and
discuss the adoption of recommends
tions that have been made by our
managers. The result of our meeting
here will be a bigger and better busi-
ness. We are going to make ii So
Meetings will be held until Thurs
day at least. This is the first meet
ing that has been held here in over
two years We like Belding as
meeting place because ii is more CEN
trally located and then our men like
the accommodations here. We hold
these meetings on an average of twice
a year but do not have any stated
time or place for holding them.