Mr. Hubert.

Where are they located, do you know?

Mr. Ruby.

In Chicago, I think. But I had very little if I remember, it was one order. But there are so many Triangles. I even think many years ago I bought some cartons from a Triangle Carton Company, but you are saving manufacturing company. I don't know.

Mr. Hubert.

The Triangle Manufacturing Co. that I am thinking of is in Oshkosh, Wis.

Mr. Ruby.

It don't sound familiar at all. Does it say what they make because in the years we were manufacturing we used to buy parts and things from all over the country. But it doesn't seem to register with me at all, Oshkosh.

Mr. Hubert.

Do you have any recollection of having made a telephone call to that company on November 1?

Mr. Ruby.

What year?

Mr. Hubert.

1963.

Mr. Ruby.

Oh, then I think I know who that is. I think, I am not sure now, I think they make, what do you call it, bearings. I think they make bearings, and the reason I called them, if it is the right company, I am not even sure of that, is that my brother Jack wanted to make, had seen this twistboard, it is a little board with a bearing underneath it, and you stand on it and you learn to twist that way, and he, knowing that I had been in manufacturing and knew all about manufacturing, asked me if I could find. out where to get this type of bearing. It was a usual, simple, very inexpensive type. So I don't know how I got their name. I think I called somebody. I learned of somebody that was selling them or making them around Detroit, and I called them.

Mr. Hubert.

You mean making those bearings?

Mr. Ruby.

Making the whole twistboard, and I think they referred me to Triangle, and I called them, if that is the correct company, and had them send me a sample and a quotation.

Mr. Hubert.

Did anything come of it?

Mr. Ruby.

No.

Mr. Hubert.

What did Jack propose to do so far as you know?

Mr. Ruby.

Well, he was going to, you know----

Mr. Hubert.

Manufacture it?

Mr. Ruby.

Have somebody make it and distribute it.

Mr. Hubert.

Is it possible that he suggested the name Triangle to you?

Mr. Ruby.

It is possible. I am not sure. I am not sure where I got that name because I think it was only one call I made, and then they said they would send me the sample, and that was it. I forgot all about it.

Mr. Hubert.

Did they send the sample?

Mr. Ruby.

Yes, yes; if that is the company, they sent the sample.

Mr. Hubert.

And what did you do with it?

Mr. Ruby.

Nothing, because I then got the sample and saw what they wanted for it. I think they wanted 45 cents just for the bearing part, and then you had to make this board, and knowing something about manufacturing, Jack wanted to sell it for about $2 retail, so I told him if the bearing cost 45 cents and the top cost a quarter and you have got to put it in a box and package it, you can't come out, because you have got almost 80 cents cost to manufacture it and you have got to give the jobbers 50 and 10 above, that means you get 90 cents. You can't work on a dime gross profit. And so I discouraged him about getting in it, so that was the end of that.

Mr. Hubert.

Did he attempt to interest you in getting into this business?

Mr. Ruby.

No; he wanted to make it there in Dallas. He wanted to make it in Dallas. In fact, he said he was going over, he was going to have, I think, the Goodwill. I think they manufacture things at a very reasonable cost, and he said that is how he was going to cut corners. But I discouraged him anyhow. I couldn't see it, and it was a good thing I did because I checked on the sales of the item in the Detroit area and it was a flop, anyhow.

Mr. Hubert.

Apparently this item wasn't patented.

Mr. Ruby.

No.

Mr. Hubert.

Now, can you comment as to what you know about an organization called the Gilt Edge Associates, Finishing Corp., in New York City?

Mr. Ruby.

Yes; that is owned by Elliott Schwartz and his brother.