Pairpoint Manufacturing Company

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dognose
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Re: Pairpoint Manufacturing Company

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The Pairpoint Mfg. Co.’s new building is nearing completion. The walls are up to a point above the fourth story windows and the roof will be on in less than a week. The work of fitting the interior will require some time beyond that. The offices, which are to be located in the front of the new building, will occupy a space 30x40 feet in size. The present engine which runs the works will soon be discarded and transferred to the works of the Mt. Washington Glass Co. A new Wheelock high pressure engine of 250 horse power is being put in to replace it. When the improvements are completed it is said the Pairpoint Co. will have one of the finest plants of its kind in the country.

Source: The Jewelers' Circular and Horological Review - 1st July 1891

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dognose
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Re: Pairpoint Manufacturing Company

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CHICAGO

Manager Corey, of the Pairpoint Mfg. Co., is again at home. In company with his wife he has been making a fishing trip.


Source: The Jewelers' Circular and Horological Review - 8th July 1891

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dognose
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Re: Pairpoint Manufacturing Company

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Image
Pairpoint Mfg. Company - New Bedford, Mass. - 1891

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dognose
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Re: Pairpoint Manufacturing Company

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Work on the additions to the Pairpoint Mfg. Co.'s works is progressing satisfactorily, the bricklaying being up about five feet from the ground, and going ahead rapidly.

Source: The Jewelers' Circular and Horological Review - 6th May 1891

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dognose
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Re: Pairpoint Manufacturing Company

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SAN FRANCISCO

T. P. Bennetts, formerly with the International Silver Co. on the Pacific Coast, is now representing the Pairpoint Corporation in this territory, succeeding W. E. Graves, deceased, who for many years represented this firm. After spending some time at the Pairpoint Corporation’s factory in New Bedford, Mass., Mr. Bennetts has returned to the Coast with a large line of cut glass, silverware and lamps, which will be displayed at the St. Francis Hotel, San Francisco, May 1.


Source: The Jewelers' Circular - 27th April 1927

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dognose
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Re: Pairpoint Manufacturing Company

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Suspension of the Pairpoint Manufacturing Company

Rumors of the suspension of business by the Pairpoint Manufacturing Company, of New Bedford, Mass., reached New York yesterday morning.

With a view to confirming the news the Jewelers' Review telegraphed to Thomas A. Tripp, of the company, as follows:

"New York, Feb. 8.- Conflicting rumors of your suspension are about here. We will reserve space for your statement until 1 p. m. to-day. Please wire

us full particulars at our expense. Will appear in to-morrows edition. Jewelers' Review."

This answer was received:

"New Bedford, Mass., Feb. 8.- Associated Press dispatch substantially true. Company in receivers' hands pending liquidation and reorganization. Pairpoint Manufacturing Company.

The Boston correspondent of the Review sends the following:

Boston, Mass., Feb. 8, 1898.- Judge Lowell of the U. S. Circuit Court, in this city, appointed yesterday Gilbert Allen, Loum Snow and Clarence A. Cook, all of New Bedford, receivers for the Pairpoint Manufacturing Company, of New Bedford, Mass., one of the largest silverware manufacturing companies in this country. Action was brought to culmination by suit of Wakefield Institution of Savings, Wakefield, R. I., on a demand note of $5,000, but real petitioners are the officials of the company, and the president says the failure is due to the falling off of price in silver. The constant drop in price since 1892 made business drop with it. The paid-up capital of the corporation is $944,000, the indebtedness $50,000. Company was organized in 1881 in a small way and has grown constantly. Pay roll ranging from $10,000 down to $7,000 weekly, according to times. Four years ago the company consolidated with the Washington Glass Company, makers of fine cut glassware and china. President Cook has been in
charge only since 1896.

The metal departments were closed down yesterday, and 300 hands thrown out of employment. Pay roll in this department is $3,300 weekly. It is hoped reorganization of company will take place.


Source: The Jewelers' Review - 9th February 1898

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dognose
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Re: Pairpoint Manufacturing Company

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PAIRPOINT COMPANY DECLARES DIVIDEND

BOSTON, Mass., July 18.-The Pairpoint Manufacturing Co., which has been reorganized within a year, appears to be in a prosperous condition once more. At the annual meeting to-day a semi-annual dividend of three per cent. was declared, payable August 1. The following were elected directors: A. G. Pierce, Jr., Morgan Rotch, John T. Bullard and Clarence A. Cook of New Bedford, Francis R. Hart of Boston, H. A. De Windt of Chicago and Thomas A. Tripp of Fairhaven. Clarence A. Cook was chosen clerk and treasurer, and the directors elected A. G. Pierce, Jr., as president, and Thomas A. Tripp as general manager.


Source: The Jewelers' Review - 24th July 1901

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Re: Pairpoint Manufacturing Company

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Review of the Christmas Trade of 1894:

PAIRPOINT MFG. CO.

Mr. C. J. Cory, Western manager, says: "It has been a bad year: A very bad spring and summer; the fall was better, but I presume it is safe to say that the past year will run 20 per cent. below what it should have been for all of us. Our wholesale jeweler told me that they would run 25 per cent. below what they expected earlier in the season. The fall trade was better, and the holiday trade very large. but you cannot do the business of the year in a few days. The entire force, office and all, have been working every night since Thanksgiving, and once the office force worked all night to get the orders billed out.

"The orders were small in amount, but there were very many of them. Our toilet goods were in the greatest demand; we thought we had a big stock, and it was a big stock, but we sold out these and then got all the factory had and all the New York office had, and still, the last few days, we could hardly make up any sets at all. We could easily have sold $10,000 worth more of toilet goods, if we had them, but by the time we discovered that we would need them there was no time to make them up. Next year will be all right, if we can only make people think so. Lack of confidence is all that really interfered with the trade this year."


Source: The Manufacturing Jeweler - 3rd January 1895

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Re: Pairpoint Manufacturing Company

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The stock of the Pairpoint Manufacturing Co., of New Bedford, which has passed into a receiver's hands, is largely owned by two Chicago ladies, Mrs. Henry B. Stone and Mrs. Bertha M. Dewindt. They are daughters of the late Edward D. Mandell, of this city, who owned a controlling interest in the Pairpoint Co., and at his death bequeathed the same to his children. Lawrence M. Sturtevant is manager of the local branch, with showrooms at 224 Wabash avenue.

Source: The Jewelers' Review - 23rd February 1898

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