South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-03-04

One Of the most important bust
ness deals in which Mishawaka has
ever figured was consumated yester-
day when the Dodge Mfg. co. ac-
quired the properties and control Of
the Oneida. Keystone and National
Steel Pulley Co. The new organiza-
tion will be known as the Dodge
Steel Pulley corporation, Oneida,
y. Y, and the sales and distribution
of the products of this corporation
will be under the exclusive supervis-
ion of the Dodge Sales and Engin-
eering Co. OF Mishawaka, through its
many branch warehouses. district
ORGANIZATIONS and their accredited
sales agencies throughout the world.
The new organization has been in
corporated under the laws of New
York, which have authorized the is
sue of 5000 shares of per cent pre-
ferred stock of 500, par value. each,
amounting 10 100000, and 10000
shares of common stock of no par
value, which ha- all been acquired
by the Dodge v CO.
The net sales of these products
taken over by the local company are
in excess of one million and quar-
ter dollars annually, and show a
most substantial return on the in
vestment The capacity of the ac-
quired enterprise is 1900 steel pull
leys per day, which will be material
{ ly increased in the near future
Mix Engineers Deal
The deal was put through by NJ.
w Mix, president of the Dodge Mfg.
( Co.. and SO quietly was it engineered
that the first intimation, that such a
thing was pending was known in
Mishawaka only when The News
Times briefly referred to it i'm an
exclusive story the beginning of the
week. Telegrams were sent out Fri
day night TO all the Dodge represen-
/ tatives. branch dealers and statesmen
as we'll as all the representatives OF
/ the companies which have been tax
EN- over. in this country. informing
them of the new organization and
: requesting their presence in Misha-
waka next Thursday for a weeks
convention.
/ In conversation with a News-Times
representative last night, Mr.. Mix
stated that il is anticipated that the
/ sales of the products of the Dodge
| Co. and of the newly acquired in
| terests during the present year would
amount to 100000.
Mishawaka To Benefit.
The benefits that viii acc-ue 20
this community from the amalga-
nation OF these interests ana the
completion of other important plans
now under consideration. cannot
now be estimated, but that there will
be many there is no doubt. If the
city officials can arrange accommO-
datious for the newcomers who
/ may be brought here. and is pre-
pared TO take care Of them in the
matter Of providing houses for them.
! il is said that the population OF
Mishawaka Will be increased cOnsid-
erably within the next few months.
Particulars OF the deal will De an
nounced today in the metropolitan
newspapers from the Atlantic 20 the
Pacific in page advertisements. a
campaign which is costing 500. 200.
Inc DouGc lutd.
Thirty-fye years ago. Wallace II.
Dodge conceived the idea OF a split
pulley. made of hard wood. embody-
ing the fundamental principles OF
| compression shaft fastening, and OF
an interchangeable bushing system.
/ d. this original Dodge idea was the
, basis for new commercial and eco
nomic Development which is now
/ recognized as one Of the most inn
/ portant branches Of Industrial en-
| gineer.ng. The Dodge bushing sys-
/ tenn OF 1852 remains UNCHANGED In
1917. through its interchangeability.
2 a range ~ 10000 pulleys with fixed
/ boreS. faces and diameters may be
| covered ny an extreme total OF 2.70O
pulieys OF standardized bores and 40
bushings o. proper shaft dimensions.
This is the Dodge ide- from the com
mercial viewpoint From the eco