South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-09-16
RECORD OUTPUT FOR
MONTH REPORTED BY
WOODEN co. OFFICER
August Yardage Greatest in
History-Change in Com
pany Personnel.

FRANCIS Hoye has rendered his
resignation as vice-president and
general manager Of the South Bend
Wooden company. It was announced
Thursday following the quarterly re-
port Of the directors Of the concern.
The resignation. it was said. was the
cause OF a general reorganization in
the personnel OF the company. u. c..
Speed viii assume the rank OF gen
erela manager temporarily, it was
said.
At the quarterly meeting OF the
board Of directors OF the South Bend
Wooden Co, held in its South Bend
Umces. the regular dividend OF two
per cent for the quarter ending Aug.
81, was declared, payable at once.
The board Of directors is composed
Of the following well known local
and Chicago business men, most Of
whom were present: L G.. Speed,
George VI. Studebaker, c. B. Little.
= II. Wellington, +. L. Carey, Glenn
ent Studebaker. jr.. Z. II. Miller, J..
+. Neff and Z. A. Jones
It is said that the report Of the
company's auditor Will show an out
put Of cloth yardage for the month
OF August far in excess Of any previ-
Gus month during the entire history
Of the company and tina, the output
OF the mill for the spring and sum-
ner season Of 1922 is now sod far
ahead.
Plan Immense Industry.
Important changes were made in
tho management Of the South Bend
Wooden Co. last spring. Under the
new management plans have been
made and are being carried out for
the expansion of the business and
it is said that the intention is to
ultimately develop a wooden industry
of immense proportions for South
Bend. This will mean new and
added machinery and other equip
ment for the mill, new buildings
and a considerable increase in the
payroll Of the company.
There are but few residents of
South Bend and vicinity who realize
the intensely interesting industry
I'll AAEA DAl a. the AllAll- IAltlL ttlu4D-
ment as it stands today is complete.
as they take the wool from the
sleeps back. scour. dye. mix and
spin it into the finished product
ready for the tailor. 1t is regarded
as one of the most interesting in
dustrial plants in the city.
The company is manufacturing
only high grade all wool cloth and
numbers among it's customers the
leading clothing manufacturers and
wooden jobbers Of the country, in
Guiding B. Kuppenheimer & Co..
Rosenberg Bros. (Fashion Park
Brand. Alfred Decker & Cohn $50
ciety Brand Clothes). Bruner Wooden
Co., X. Somehow & Co. (Styleplus
BRANDY. and the Detmer Wooden Co.
Annual Output 500, 900 Yards.
This mill has an output Of cloth
annually of approximately 100000
about 40, 900 suits Of clothes. This
output is TO be considera bly, in
creased as the expansion plans of
the company are carried out.
Ii is said that conditions obtaining
here, particularly as TO geographical
location. are extremely favorable in
regard 20 raw wool and also 10 the
marketing Of the finished product,
and that these conditions are ideal
for the expansion plans Of the COM
pany.
DysOn's Work Praised.
Several months ago the company
secured the services Of Thomas
Dyson, formerly superintendent of
one OF the large eastern wooden mills
at South Glastenberg, Conn. Mr..
| Dyson has had a long and successful
experience in the manufacture Of
wooden fabrics. having been super
intendent Of number of the prom
inent wooden mills Of England and
| Scotland. The present excellent con-
\ dition of the mill and the STABILITY
Of its product is largely due 10 his
unusual ability and effort, according
to a statement of the directors.
! The plans Of the company include
the marketing of $25O,OOO par value
S per cent preferred stock with valu-
able common stock rights through
I the CeutIdl Bona & Mortgage Co,
we'll known investment bankers OF
| Chicago. dealers in high grade pre-
/ ferred stocks. 1t is expected that
| the business men and investors OF
South Bend Will subscribe freely to
this stock and do their part toward
I the expansion plans of the company
The South Bend Wooden Co has
been in business here for over SO
years, having been started in 1859 In
rather a small way but improve
rents and additions 10 the mill have
been made from time to time under
the old management. Z. G. Speed
president OF the company. who is
given credit for the splendid condi-
ton of the mill today and under
whose direction the plans for the
future will be carried out, is conf
dect South Bend is to become the
center of activity in an extensive
western producing commun.
ity