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Michigan Jackson
Business organized in 1848 by A. H. Penney, Nathan Lamson and J. Connable, under firm name of Penney, Connable & Co. Mr. Connabl retired between 1853 and 1855, and the other partners continued as Pen ney & Lamson. Lamson died in 1856, Penney in 1857, and in It Withington, Cooley & Co. succeeded to the business.
Extent of Works—Six and a half acres of ground, 42,538 square feet of shop room, 36,932 square feet of warehouse shed, two steam engine aggregating 200 horse-power, 17 trip hammers, and other machines proportion. Employ 175 men, and sometimes up to 200.
Annual Product—25,000 dozen forks, 10,000 dozen hoes and rake 5,000 dozen swaths, 3000 other goods.
Markets—North America, Europe, Australia. Capital, $200,000.
Value of sales for the season of 1876-7:—Home markets, $176,500 export, $67,000. Total, $244,000.
W. H. WITHINGTON, Treasurer.
Peter B. Loomis was elected president on the organization of the company. He has held the office to the present time continuously and satisfactorily to the stockholders of the company.
The amount of gas manufactured in 1867 was 4,984,600 feet; amount of gas manufactured in 1877 was 10,542,044.
Jackson
Section 4
Page 19
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