He was a keen businessman and commented upon the possible loss of the total plant in case of a serious fire, suggesting a more modern fireproof building, in a better location, affording space for expansion. ![]() Wagner spent a part of the time in the South St. In the beginning quantities of 200 to 300 per month were manufactured, the business constantly growing until at the close of the year 1883 the monthly production ran into the thousands.įrederick Wagner, a New York capitalist, with whom Mr.Įrbe had enjoyed a friendship reaching back to their boyhood days, was paying one of his periodical visits to Mr.Īs was usual, the Company business affairs were freely discussed, pro and con, and Mr. A Shannon File, consisting of a board, an arch, a compressor cover, an index, and a perforator, then sold at retail for 2.50.ĭuring the year 1883, the Shannon Arch File, with all its patents and other rights, was purchased by a Rochester concern known as the Schlicht Field Co., who had only a selling organization, possessing no manufacturing facilities.Įrbe were negotiated with in reference to making the Shannon Arch File, and an agreement covering this was entered into.Īt the start, only the arches were made, but at intervals there was added the manufacture of file perforators, and lastly of compressor covers.
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