Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-21
PROSPERITY WILL COME
after UNREST PERIOD
Stronger and Better Nation Will
Follow Present Experiences,
n. SIS. Says Fircstonc.
IssUEs PREFER RED STOCK
Tire ahd Rubber Manufacturing Con-
Germ Increased It's Working Capital
$40 200, ooo-EHtcnsivc Building
Plans ut Great Akron Plant.

q AKRON. OHIO. Sept. co.-Right Will
sSswin, and this will be stronger and
Z better nation after labor and capital
y have gone through whatever trying and
sdimcut experiences come as the resul;
= ss the ,prcsen; industrial unrest. H. s.
Z Eirestone. president Of the Firesions
jTfrc and Rubber Company. propheSicd
il at a special stock holders meeting re
. cently.;s or the $4,000 Fircs;one en-
l ployees- 90 per cent are stockholders.
S this 0e tss ,..s.,,e =, s,o,knolaer.
1 Voted nn mani: indo ', ., ne
q expansion OF the corpany's tiro-mak-
Il ing ana distribution facilities. ! reso-
iqo odo me
Y passed. Firestcrc is now one of only
atwentE industrial corporations in tho
s country whose capital stock equals or
d exceeds this figure.
4 Issue sIOcoo.oeo Preferred stock.
: Only 3ic.ooo.oao OF :Nc preferred
: stock 81 The additional issue author
Y sized WILL he placed on the market Al
:. the prescn; time.
4 I. wSs in outlining the manner IN
H which this additional capital viii he
used that Mr.. Firestonc touched on the
"Whateve- conditions rule else
where. he said, Il an sure Of the 10y
S.that i9yal,y which has bToueh, our
product 10 its present high standard
and permitted The company TO grow
in q, tsw years iron, a coneern Win
Wherever l travel il is real source
jof pride 10 ne 10 hear Of the service
our our. prsdpc;.s are Si,tns am proud
possible because OF The loyalty our
EMPLOYEES are giving their company.
There is. ho ,' an industrial n.
-the industries of our country suffer.
whatever the cause. our company, will
,forc only tell you concretely what our
tplans arc for the expansion of our
,compa1y's activities by the use OF the
tadditiohal capital voted.
Honest Men Following DcmaEoEues.
LAS you know there is much agita-
,Sion today. Good honest men are fol-
lowing. the aEitator and demagoCue,
either by choice or by necessity. Fro
3tured products. is being curtailed.
what che future holds il is difficult 10
tforetelt am firm believer. however,
Chat right will win and that the fu
cture will bring the greatest prosperity
.and happiness this country ever has
ienjoyed, We are going to have some
and difficult experiences to reach
THAT state. bu, when We come through
ination."
A vesy extensive building program is
includes a Sl.ooO.ooo plant for the Fire
astone Steel Products Company, ground
E.loE Wntcn' mas ALREADY been broken.
cRims. manufactured by this company
ilare now used as standard equipment
ably more than 65 per cent of the auto
lt1nobi!c companies Of the United States.
SiThe company also makes 10 per cent
LOT the steel used for solid truck tires.
fetal sales Of the Firestonr Tire and
u Rubber Company. as announced by Mr..
VI FircStone. covering the period from
,,November !. 1918. to September !. 1919.
tlrere seo.4T5.l97l4 For tine same
Sithe total was S63.S2l,o4661 The in
stc.case of per cent was made despite
the fact that the company reduced
MdurinE the period f-st referred 10.
liz The sales report for August. 1919
she continued. showed the largest
os'month's Gales in the history OF the
occnipany, and an increase OF approx