The capital stock of the company consists of $4,500,000
seven per cent cumulative preferred stock, and 150.000
shares common stock without par value.
The present officers of the company are: E. M. Byers,
chairman of the board of directors; A. H. Beale, president;
J. Frederick Byers, L. M. Johnston, E. L. Ives, vice-pres-
idents; Frank G. Love, secretary and treasurer; H. H. Bry-
ant, assistant secretary and assistant treasurer; C. G. Jensen.
comptroller: W. S. Graham. auditor.
DAMASCUS BRONZE COMPANY
Along with the growth of the steel industry and railroads
in Pittsburgh, there came a rebirth of the ancient industry
of bronze founding. Bronze had been used throughout the
ages for coins and statuary, and it was this time-tried alloy
that has made possible the development of heavy rolling in
our mills.
Bronze and its close relative, babbitt, are carrying the
locomotives and cars of our railroads in unprecedented
volume. The rolls in many mills operate at a dull red heat
and with scanty lubrication. The bearings are therefore
called on not only to withstand high temperatures, but to
support the rolls at the tremendous pressures encountered.
Different conditions require different formulae and this fact
has necessitated the use of all the helps of modern science in
the present day manufacture of bearings.
It is by the recognition of this fact that Damascus Bronze
Company has grown from the small beginning in 1879, with
a capital of less than $5,000, to a company owning assets of
well over a million dollars. M. J. Graney may be called the
father of the present company, when he started his foundry
on Church Street in old Allegheny. Later was associated
with him William T. Paul, and then came Frank Scott and
George A. McLean, all of whom greatly aided the company’s
growth. John T. Brown was appointed manager in 1892 and
until his death in 1918 was a well known figure in Pittsburgh
industry.
The products of the company include bronze bearings,
bronze and alloy ingots and babbitt metals. These are
