Production Note Cornell University Library produced this volume to replace the irreparably deteriorated original. It was scanned using Xerox software and equipment at 600 dots per inch resolution and compressed prior to storage using CCITT Group 4 compression. The digital data were used to create Cornell1s replacement volume on paper that meets the ANSI Standard Z39.48-1984. The production of this volume was supported in part by the New York State Program for the Conservation and Preservation of Library Research Materials and the Xerox Corporation. Digital file copyright by Cornell University Library 1993.HENRI FREDERIC FRASSE FounderONE CENTURY IN BUSINESS PETER A. FRASSE & CO.. Inc. NEW YORK, PHILADELPHIA BUFFALO HARTFORDCopyright 1916 by Peter A. Frasse & Company, Inc.One Century in Business “One thing is forever good, that one thing is success.” —Emerson BACK in the earlier history of New York City, when the great metropolis was scarcely out of its infancy, there arrived in Manhattan an earnest and energetic young man bearing splendid credentials from a well known Swiss manufacturer of machinery, by whom he had been employed for several years. Born in La Brevine, Neufchatel, Switzerland, this young man, Henri Frederic Frasse, was the direct descend- ant of one of the oldest families in Savoy, whose ancient lineage can be traced back almost to the original settlement of that picturesque country, and where, to-day, there is found a beautiful waterfall bearing the name of the “Cas- cade du torrent de la Frasse.” Here, in Switzerland, and in Italy as well, young Frasse had learned much of the watch and clockmakers* trade, and with that careful training, so characteristic of all European apprenticeships, had become an expert mechanic and a wizard at small tool and machinery making. It was about 1 800 that young Frasse, then little more than a youth, but well equipped with the keen discernment and balanced judgment of maturity, felt that he had learned enough of his trade in his own country, and yearning for abroader scope for his energies and ambitions, sailed for America. Here he soon obtained employment as a draughtsman in a leading American manufacturing plant, which position marked the beginning of his career on this side of the Atlantic. Cascade du torrent de la Frasse But this young Savoyard was too progressive to be satisfied with the somewhat narrow confines of his new work, which, although it required a thorough knowledge of mechanics, gave him no opportunity to exercise his rare facility in the handling of small tools, nor his intuitive busi- ness ability, another of his natural gifts.So we find him a few years later established in his own shop, an unpretentious little place at 95 Fair Street, after- wards renamed Fulton Street in honor of Robert Fulton, and a street that was destined to soon become one of New York’s best known and busiest thoroughfares. No. 95 FAIR STREET Later re-named Fulton Street As a dealer in watch and clockmakers’ supplies, young Frasse’s reputation soon became general throughout the then rapidly growing city. Indeed his little shop in Fair (Fulton) Street was not only known as the headquarters for the best materials in this line, but a safe place to bring any kind of difficult repairing—from a clock to an engine— for the young Swiss’ hand had not lost its cunning, andhere, in his own shop, he could let his mechanical ingenuity have full sway. He attempted anything from the most delicate watch-repairing to the most intricate model- making. Not satisfied with his success at this class of work, and with that indomitable energy so characteristic of the Swiss, Henri Frasse was also turning out in this little shop a very superior type of clock tools, made on the blanking press, a kind of tool making which was much of a rarity at the time, and as circumstances, as well as his personal quali- fications for executing this somewhat difficult work, were in his favor, he soon attained an established place in this in- dustry. About this period Robert Fulton was punctuating his- tory with some remarkable achievements. He had per- fected the plans of an engine which was to realize his dream of a steam-propelled vessel. He wished a working-model made from these plans, and he wanted to obtain the aid of the best model-maker available. Naturally he came to Henri Frasse, and in the latter’s shop, in Fair (Fulton) Street, was made the working-model of Fulton’s first boat, which model—as tradition tells us—was tried out later on in the historic old Collect Pond, on Centre Street, and proved to be a complete success. In fact, so entirely did this little engine come up to Fulton’s fondest hopes and ambitions, that he took the model with him to England, where in Boulton & Watt’s plant, was built the larger engine for his famous “Clermont” And without detracting in any detail from all the glory given to Fulton for solving this problem of steam navigation, it was unquestionably the expert advice and great mechanical aid he received from Henri Frasse that made his success possible. In the hands of a less expert mechanic, using slip-shod methods, Fulton’s first model might have proven a failure. Jeered and laughed at forthis failure, for he had few supporters, Fulton might have abandoned the idea entirely. But with the help of a mechanic of Henri Frasse’s calibre, whose initiative and rare ingenuity was well known, mechanical inaccuracies in the original plans were smoothed out, and a working-model produced which actually worked. On the success of this first experiment depended the greater success which was to come later, and Fulton was remarkably fortunate in having COLLECT POND ON CENTER STREET From An Old Print This pond was filled in a good many years ago, and the present Tombs Prison marks its site the co-operation of a man of Frasse’s unusual mechanical ability, in overcoming the stumbling-blocks which have harrassed every inventor. Nor was this the only instance in which Fulton had come to seek Henri Frasse’s aid in perfecting some of his inventions, for by an almost contradictory condition of affairs, the former had no sooner completed and made practicable his methods of propelling vessels by steam, thanROBERT FULTON From a Painting by Benjamin IVest From “Robert Fulton and the Clermont” by courtesy of the Century Co., N T.he began to work out some deadly engines of warfare which would destroy them. But it was not a warlike spirit in Fulton which led to this thought, for he was a man of peace at all times, but purely in the interest of humanity, for he felt if he could make these engines of warfare he was evolving sufficiently formidable, it would result in the stopping of wars for all FULTON’S “CLERMONT” times—at least, warfare on the high seas. And in perfect- ing one of these curiosities of his fertile brain, an ingenious torpedo, he again called upon the “wizard of machinery** in Fulton Street to help him. Fulton had invented a system of floating mines for the protection of harbors, plans of which were submitted to both the British and American governments in turn. After this came a novel form of torpedo which, attached to a harpoon, could be shot against the side of a sailing oranchored vessel, and which could be exploded within a given time by a clockwork arrangement concealed in the end. And it was the task of perfecting this clockwork at- tachment, upon which much of the effectiveness of the torpedo depended, that devolved upon Henri Frasse. Benson J. Lossing in his “Pictorial Field Book of the War of 1812,’* speaks of Fulton’s floating mines and tor- pedoes at considerable length, giving detailed descriptions and numerous diagrams of both, but writes rather dis- paragingly of the former, contending that Fulton’s scheme of harbor protection by means of mines was entirely im- practicable and valueless, all of which is contradicted by modern methods of warfare, for floating mines of prac- tically the same type and character as those invented by Fulton, have proven a most effective means of blocking a harbor against the invasion of a hostile fleet. Of the torpedo he had little to say, except to refer to Henri Frasse’s work in perfecting the mechanism of this contrivance, and at the same time quoting the following interesting memoranda from one of the latter’s old account books, and making this complimentary remark regarding Frasse’s reputation as a machinist of that period: “The late Henry Frasse, who for many years kept a shop on Fulton Street, New York, for the sale of watch- makers’ materials, made the clockwork for Fulton’s tor- pedoes. In his account-book before me I find the follow- ing entry: ‘Dt. Mr. Fulton a Henry Frasse: 26th May, 1820—a Fulton repare un Turpedos, le grand res- sort, volant et roue, 4.50.* Mr. Frasse was then the only machinist of note in New York. He died in February, 1849, at the age of sixty- eight years.”PETER A. FRASSEThat Benson J. Lossing did not overestimate the high esteem in which Henri Frasse was held at that time by the citizens of New York, for his expert mechanical ability, we have only to refer to some of the latter’s old ledgers, still CHARLES F. FRASSE in existence, for here we find written down the names of the best known earlier families of Manhattan, who came to Henri Frasse for watch and clock repair-work of various kinds. Among the more historic names are those of Aaron Burr, Alexander Hamilton, and several others equally famous, all of whom undoubtedly found in Henri Frasse not only a careful and conscientious workman, but a dependable merchant, whose integrity was unquestioned, and whose word was as good as his work.The year 1816 separates what might be called the “prehistoric” and the “historic” portions of Henri Frasse’s career, for from that year on we are able to trace, through the mercantile annals of the city, the history of this ever- JOHN L. HOWE The Late President growing concern, the foundation of which was laid upon a rock-like business basis by this thrifty and capable Swiss, a few years before. At this period, recognizing the increasing demands for materials used in the clock and watchmakers’ trade, he opened a store in conjunction with his machine shop, in-troducing a more complete and varied stock of jewelers* supplies and commenced importing fine tools, which con- sisted largely of' Files, Pliers, Nippers and similar tools —for in those early days there were practically no tools made in this country—thus promoting important business relations between his adopted and his native country, Switzerland, and becoming not only the first extensive im- porter of fine tools in the United States, but firmly establish- ing what has been justly termed the “root of the machinists supply trade in New York City.*’ Henri Frasse had two sons, Henry Frederic and Peter A., both of whom were destined to sustain the reputation of the name in the machinists* supply business throughout the second generation. Henry Frederic, who was born in 1818, went to Switzerland at the age of fourteen to learn the trade of a toolmaker, and remained there two years. He then returned to this country and later on went into business for himself at 62 Chatham Street, New York City. The second son, Peter A., who was born in 1822, entered into business with his father in 1844. It was in this year that Stubs Tools, Drill Rods, Piano Wire and Swiss Files became important items on their list of importations. We find in a New York business directory about the year 1845, the following items: “Frasse, Henry F. & Son, Watchmakers* tools, 95 Fulton.’’ “Frasse, Peter A., importer of watches, 95 Ful- ton, h. 95 Fulton.*’ It will be noted that the residence is also given as “95 Fulton’’ for the elder Frasse owned this building and lived above his store with his family, as was the custom with many New York merchants at that period. When the founder of this remarkably successful house, and the acknowledged pioneer in the fine-tool trade of the city, died in 1849, the business passed over, by his request,to his second son, Peter A. Frasse, who changed the title of the firm, using his own name instead. Carrying out the policy of his father to the letter, Peter A. conducted this store with continued success until 1 868, when a new member came into the firm in the person of James M. Montgomery, and the house title became “Peter A. Frasse & Company.” About this period the business began to thrive still more rapidly owing to the advent of Ameri- can made tools and materials, foremost of which were Twist Drills, Ma- chine Screws and Files, and in these specialties the com- p a n y transacted what was then con- sidered a large bus- In 1876 James M. M ontgomery branched out for himself, and found- ed a company known as James M. Montgomery & Company, thus es- tablishing another supply house cater- ing to the same line of trade. After Mont- gomery severed his connection with the parent company, No. 94 FULTON STREETCharles Frederick, son of Peter A. Frasse, was taken into the firm, the name of which remained unchanged. One year later a young man entered the employ of the company, who was destined to play an important part in its business administration. This young man, John L. Howe by name, started as a local salesman; his personal attributes soon made for him many friends in the trade, and his constant study and unremitting efforts to give the best service to his customers, and to his employers as well, soon manifested its affects by a very material increase in the company’s sales. In 1878, the year following young Howe’s advent into the business, Peter Frasse advertised for an errand boy, and out of the fifty applicants he chose Adolph E. Brion. He little thought at that time that young Brion was even- tually to become a dominant and important factor in the affairs of the concern. The company by this time was handling a complete line of machinists* tools, of both American and foreign manufacture, including heavier articles such as Vises, Forges, Blacksmiths* Tools, Small Amateur Lathes and Scroll Saws which were very much in demand in those days. The business steadily increased until it was found necessary to tear down the old building at 95 Fulton Street and erect a larger and more commodious structure for this rapidly growing concern. While this new building was in the course of construction the business was moved to a nearby building and then returned to the new structure upon its completion. In two years time, young Brion had developed such excellent business ability that he was appointed city sales- man and was delegated to handle the commercial possi- bilities offered by the electrical industry, which was thenADOLPH E. BRION Presidentcoming into prominence, and that his efforts were success- ful is attested by the volume of business he placed on the company’s books. Dating from 1885 Peter A. Frasse took less active interest in the business, the management of which was now JOHN BRIGGS The Late Treasurer ably taken care of by his son Charles and John L. Howe. After his death, which occurred in 1891, the business was incorporated with John L. Howe as president and treasurer, Adolph E. Brion as secretary and Charles F. Frasse, Matthew Hawe, John L. Howe, Adolph E. Brion and William M. Embler as directors.Peter A. Frasse was survived by four children, Charles Frederick, Annie Catherine, Ada Leete and Marie Louise; the latter is still identified with the present company as one of its stockholders. Roscoe C. Stacy entered the service of the company in 1886 as an errand boy; his personal qualifications soon won recognition and he held increasingly important positions, ultimately becoming an officer in the company. In the year 1892 Charles F. Frasse passed away, and John Briggs was elected to fill the vacancy in the Direc- torate. In 189 7 the company added to its various lines, Bicycles, Bicycle Supplies, Steel Tubing and Tubular Parts. By the year 1898 the company had outgrown its home at 95 Fulton Street, and it became necessary to seek larger quarters, which were found at No. 94 on the same street. A very important business connection was made two years later with the Shelby .Steel Tube Company, under which arrangement Peter A. Frasse & Co., Inc., became the sole eastern dis- tributor for the Shelby Cold Drawn Seamless Steel Tubes, which at the time were used principally in the manufacture of bi- cycle frames. Since then, however, the many uses to which these Seamless Steel Tubes are adapted No. 142-144 WORTH STREEThave been amply demonstrated by the greatly increased and continuously growing demands from almost every class of manufacturing industry, until now they are extensively used for all mechanical and engineering purposes. To-day, the Shelby Steel Tube Department has be- ROSCOE C. STACY Treasurer and Manager Buffalo Branch come one of the most important departments of Peter A. Frasse & Co., Inc., with individual warerooms carrying a stock comprising more than two million feet of tubing. President Howe’s death occurred in 1901, and in that year Adolph E. Brion was elected to the presidency of the company, with John Briggs as treasurer and Roscoe C.Stacy as secretary. The board of directors then consisted of C. H. C. Beakes, Matthew Hawe, John Briggs, Adolph E. Brion and Roscoe C. Stacy. Simultaneously with the election of Adolph E. Brion FREDERICK O. BECKER Secretary to the presidency of the company, great impetus was given to the growth of the business by the birth of the automobile industry, the growth of which was reflected particularly in the department devoted to tubing, as it was found that Shelby Seamless Steel Tubes were of great value in the manufacture of tubular auto parts and for general auto- mobile construction.C. H. C. BEAKES From the com- mencement of Presi- dent Brion’s adminis- tration, an immediate growth took place in the volume of the company’s business, and the capital stock was largely increased. Many notable and im- portant business con- nections were con- summated with large and well known for- eign manufacturers, foremost of which was the agency ob- tained for the United States, of the Poldi Steel Works of Aus- tria. Uirector The Tool Steel Department and the Steel Tube Department were now out- growing all other departments of the company, arid the line of bicycles and bicycle supplies carried by the company was discontinued. In 1903 Frederick O. Becker came with the company and took an active and prominent part in the Sales De- partment. In 1905 John Briggs died and R. C. Stacy became Treasurer, J. Lloyd Howe became Secretary, with Fred- erick O. Becker as a Director in place of Matthew Hawe. It now became necessary to provide additional space, and a building, with an entrance on William Street and directly in the rear of the main building, was acquired.In 1906 the Tube Department had grown to such proportions that it was again necessary to secure more space, and the Tube and Steel Departments were then re- moved to 142 and 144 Worth Street. In 1909 Frederick O. Becker, became the Manager of LESTER E. BRION Assistant Treasurer the Tool and Supply Department, which was then removed to 1 30 and 1 32 Worth Street, and in the same year a branch office was opened in Philadelphia at 407 Commerce Street, which later removed to a larger building at 623-625 Arch Street. A branch was also established in Buffalo at 50-52 Exchange Street, which is under the direct management ofA. F. NIXON SHIPPING DEPT M. H. ROBERTS PURCHASING DEPT. ADMINISTRATIVE AND SALES FORCEE. F PEARD H. J. MORSE PHILADELPHIA SALESMAN BUFFALO SALESMAN ADMINISTRATIVE AND SALES FORCETreasurer Stacy. Both of these branches carry a com- plete stock of Shelby Seamless Steel Tubes and of Tool Steels, as well as the imported specialties controlled by the company. The rapid and persistent growth of the business made it necessary to plan a still larger warehouse with show-rooms and administrative offices whose spaciousness should be commensurate with the constantly increasing demands for the various products marketed by the company. In the year 1910 a site was selected at the northwest - corner of Canal and Sullivan Streets, and the construction of a modern fireproof building commenced. In April of the following year the company was completely and com- fortably settled in its new quarters. It may pertinently be added that it was rather a re- markable coincidence that the site selected for the home office and main building of this company, and where it is now situated, is on what was formerly the banks of a little stream leading to the Hudson River, and which was an outlet for the historic old Collect Pond, on Centre Street. On this pond, as we have heretofore mentioned, took place the trial of Fulton’s model steamboat, with which the founder of this company, Henri Frederic Frasse was so intimately associated. It has been the earnest endeavor of the company to provide in every possible manner for the personal safe- guarding of its employees, and the entire building was built to conform in every respect to the stringent regulations of the New York Fire Department, and another detail, which has been carefully considered, is the fact that a maximum amount of light and cleanliness is found throughout the building. This is an item as vitally important to the patrons of the company as to its employees, for these things indicate that the products the company handles are subject to the best conditions up to the moment of delivery to its customers.HOME OFFICE AND MAIN BUILDING 417-421 Canal Street, New YorkOne of the most interesting features in the Tube De- partment and Steel Department is the remarkable extent to which the manual handling of steel bars and steel tubes have been superseded by mechanical methods. Both of these departments are adequately equipped with the latest A CORNER OF THE EXECUTIVE OFFICE devices and appliances for the rapid and convenient hand- ling of heavy material. There are various forms of slide- ways, roll ways, elevators, also overhead traveling cranes,, or trolleys, running on tracks extending the entire length of the building, reaching every nook or corner, and quickly lifting from stock any material, irrespective of size, shape or weight, and conveying it to either the Tube Cutting Depart- ment or Steel Cutting Department, for cutting to sizes orlengths as specified by the customer—or for conveying the material to the truck or automobile delivery platforms for shipment. Every detail relating to mechanical devices that would contribute to a higher degree of efficiency has been care- TOOL AND SUPPLY DEPARTMENT fully considered, with the result that the equipment of the building is the most complete and modern of its kind. Foremost among the numerous foreign agencies of great importance which have been secured by the company is that of Hans Renold, Ltd., of Manchester, England, the oldest and largest manufacturers in the world of driving and transmission chains. The Renold Works occupiesapproximately ten acres of ground and employs about 1,400 men who are engaged solely in making the famous Renold Chains. The high quality and perfection of design of these driving chains, which were introduced in this country a few years ago soon won for them an established place in the American market. A PORTION OF THE STORE The Renold Chain Department of the company is under the direct management of John R. Cautley, M. E., who was formerly the experimental engineer at the Hans Renold Works in Manchester, England. Other foreign agencies of great value obtained by the company are those of the Deutsche Waffen-und Munitions- fabriken of Berlin, manufacturers of the D. W. F. Steel Balls which have been unanimously conceded to be theSHELBY SEAMLESS STEEL TUBE STOCK ROOMSHELBY SEAMLESS STEEL TUBE CUTTING DEPARTMENT. finest steel balls on the market, and which have a guar- anteed accuracy to within one ten thousandth part of an inch: the Union Gesellshaft fur Metallindustrie, Fronden- berg-Ruhr, Germany, makers of Bicycle Chains; William N. Brunton & Sons, Musselberg, Scotland, manufacturers of the famous Brunton Music Wire and High Speed Drill Rod. In 1914 Frederick O. Becker was elected Secretary of the company in place of J. Lloyd Howe who had re- signed, and LestexJL Brion was elected Assistant Treasurer and a Director. Owing to the outbreak of the European War, causing a stoppage of commerce between America and Austria, it became necessary to discontinue the agency of the Poldi Steel Works. The company was now confronted with theSHELBY SEAMLESS STEEL TUBE SHIPPING DEPARTMENTSTEEL CUTTING DEPARTMENT problem of finding a way that would enable it to supply its customers with a grade of steel equal in quality in every respect to the steel formerly imported. Fortunately, the many years devoted to the study of the superior qualities of steel, combined with an accurate knowledge of the methods employed by the foreign steel makers, most of which was acquired through many visits to the European steel mills, enabled the company to place on the American market a complete line of Electric Fur- nace and Open Hearth Tool and Alloy Construction Steels of a very superior grade, made after the identical analyses followed by the prominent European steel makers, thus making the company independent of its former source of supply.TOOL AND ALLOY CONSTRUCTION STEEL DEPARTMENTIn 1915, a tract of land with a railroad siding was purchased in Hartford, and the construction of the Frasse- Electric Steel plant was soon under way. Hartford was chosen for the location of the new steel plant and warehouse owing to the important fact that it has direct railroad connection with Pittsburgh, and is within easy reach of the company’s warehouses in New York, Buffalo and Philadelphia. This new plant and warehouse will, upon completion, be the largest of its kind in Hartford, and will be of especial importance and great advantage to the large manufacturing industries of Western New England. The equipment of the new steel works has been care- fully planned with a view to promoting the best interests of the company’s customers. The warehouse section will have, at all times, a large and complete stock of the various products carried by this concern and will be amply equipped for executing orders promptly. In the heat-treating department, the latest improved type of furnaces will be installed for annealing and heat- treating of steels, with draw benches for cold drawing, and modern rapid turning lathes for machining the outside sur- face of large steel bars. These facilities will enable the plant to deliver on short notice anything that a manu- facturer may require* in the way of raw material or semi- finished material in all the various grades of steel. No effort will be spared by the management to make this latest acquisition fully deserve the company’s new trade mark-—“Quality First—Service Always.’’ The company will continue in the future, as in the past, to direct its unremitting efforts toward maintaining their long-established reputation for best quality goods at reasonable prices, as well as for integrity, courtesy and efficiency of service.BUFFALO BRANCH, 50-52 EXCHANGE STREETNo little of the success of Peter A. Frasse & Co., Inc., as it now stands, is due to the progressiveness and energy of the man now occupying the president’s chair—Adolph E. Brion. With keen insight and rare foresight as to the possibilities of the business, President Brion has extended and developed to the utmost the various channels followed by the company. With invaluable knowledge gained by many years of close intimacy with all branches of the metal industry, President Brion has been quick to recognize the unlimited field open to a concern of this kind, and his excellent and analytical judgment in the selection of materials and line of supplies marketed by the company has been a most happy and successful one. The high standard of these materials, which the trade has recognized and appreciated, has had much to do with establishing upon a firm foundation the reputation of the company for quality and dependability. AUTOMOBILE DELIVERY TRUCKFRASSE-ELECTRIC STEEL WORKS AT HARTFORD, CONN.********* * Such in brief is the history of the company which is now celebrating its one hundredth anniversary. Little did its founder imagine, in his old fashioned machine shop in Fulton Street, over a century ago, that he was planting the seed of a business oak that was destined to grow to such huge proportions that its branches would extend to other states, and its roots, firmly imbedded in the fecund soil of integrity and reliability, bid fair to give it many other centuries of life. This country of great possibilities is full of histories of other business achievements, equally remarkable; surely none has a more interesting little story than this corporation, which starting upon such a modest basis, has, by a strict devotion of its originator’s principles of honesty and de- pendability, obtained and held the confidence of its many thousands of customers—to whom it sends this cheerful greeting:— “ONE HUNDRED YEARS OLD TO-DAY— and doing very nicely, thank you!’*