Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-16
FIGHT TO CONTROL
LIGHT FIRM IS ON
Claude Neon Co. Files Action
to Prevent Transfer
of Stock.
BY JOHN +. SINCLAIR.

Special Dispatch to The Star.
NEW YORK, September 16.--The in
tense struggle going on below the sur
face in industry for the control Of GER,
tain important factors is shown by the
battle for the control Of Claude Neon
Lights, Inc.
1t seems that the insult interests of
Chicago got the right in the Middle
West for the use of Claude Neon lights.
It has developed that the right under
insult control have been disposed Of,
against the desire Of Claude Neon
Lights, Inc, to It's chief competitors,
the Rainbow Light, Inc, and the Rain
bow Luminous Products. Inc. The deal
involves about 100000. t>.-
This week an injunction was asked by
Claude Neon Lights. Inc. against the
insult interests affected, and tenpor-
airy injunction was granted.
Robert l.. Kester, jr, vice president
OF the Claude Neon Co., In his afddavit
said 65 suits had been carried on by
them against alleged infringers in diff
ferent parts Of the country, at cost Of
more than 100000.
The contest apparently revolves about
trade secrets. Should the deal be con-
Wy WALAClA Tic xtdu1OOW
nous Products, Inc, and its subsidiary,
Rainbow Light, ms, get control. the
Claude Neon people believe this would
give their rivals the secrets they need.
So Supreme Court Justice -Valente of
New York issued an injunction which
restrained the Federal Electric Co, an
insult concern. or its agents, from DIS
posing OF any Of the stock or the assets
Of the Claude Neon Federal Co. to the
Rainbow companies or its officers, and
restraining further the transfer OF any
shares to the defendants in the deal.
AT present the stock Of Claude Neon
Lights, Inc, Is quoted at about $50, 000,-
600.
The Claude neon light was invented
by Charles Claude of France, and Is the
most successful light of its kind.
Announcement that the Simmons Co.
ture Co. at Grand Rapids is another
indication that the merger era in which
we are now living has only begun.
The Simmons Co.. with its main
manufacturing ONCE at KenoSha, Wis,
Is embarking upon an expansion pro-
gram to manufacture colored home
furniture from waste products. Through
system Of chemical and 'high-pressure
reaction the company expects to manu-
1dCGuIC SeU6 mace from the
base OF peanut shells, sawdust or even
cornstalks.
So we can score another industrial
victory for the test tube of the chemist,
tndustry'S most valuable friend.
1t has acquired two years of testing
to develop wood substitute that would
be durable and weatherproof and take
color, according to William Lindbloom,
who has charge of the Wisconsin plant.
Almost any waste product can be
used" said Mr.. Lindbloom. Remark
able results have been obtained with
sawdust shipped from the Wisconsin
lumber companies, and the waste from
the Virginia peanut plants"
This chemical or plastic product will
not be made in imitation Of wood. It
will emphasize primarily color. Dining
room sets may be of one tint-just as
delicate as ones taste demands-wllile
the furniture for the library may be of
an entirely different one
A new factory Is being erected in Wis
consln, ana the company expects to be
In heavy production OF this new
plastic" furniture within three months.
Many people thought American in
dustry had reached the high point in
1928. That profits would then recede.
They were mistaken. Not a recession
but an advance has taken place,
Corporation profits for the FIRST half of
1929, according to data assembled by
Ernst & Ernst, are 29.43 per cent more
than for the same period last year.
(Copyright, 1929. by North American News
paper AHtance)