Above: Interior of the Columbus Watch Company's Thurman
Street factory, date unknown. Complete watch movements were designed and
manufactured in this new facility. (Image courtesy of the Columbus
Metropolitan Library.)
Under Gruen and Savage the Columbus Watch Manufacturing Company was
small but very successful, and began to attract the interest of bankers
and investors. In 1882, in collaboration with a number of new partners,
the company was reorganized as the Columbus Watch Company and moved to a
newly-constructed factory building located on Thurman Street, in the
'German Village' section of Columbus. Dietrich was President of the new
corporation.
The building was tall and narrow, with very large windows, to provide
adequate light for the delicate work of building watches.
Above, left: Photo of the Columbus Watch Company building
from 1889. The front building, on the left, is the original structure
completed in 1882. In the rear, the small, dark brick building with the
tall chimney housed a steam engine, which supplied power to the factory
machinery via belts and pulleys (as seen in the interior photo). From
the pattern of windows, it seems that the interior photo was taken in
the larger, middle building. The two front buildings were connected,
forming an 'H' shape. (Courtesy of the Columbus Metropolitan Library.) Above,
right: The original 1882 building, photographed in September 2000.
This oldest section of the factory, now an office building, is the only
portion still standing today. The current tenants are a large dentist's
office and an advertising agency.
Joining the ranks of older established American watch companies like
Waltham and Elgin, the new company designed and manufactured their own
in-house movements, instead of finishing imported ones as Gruen had done
previously.
Left:
William F. Sauer, foreman of the Columbus Watch Company until 1890. In
what seems a strange series of career changes, he became an agent for
the Schlitz Brewing company, and in 1899 opened his own cafe. (Courtesy
of the Columbus Metropolitan Library.)
By 1888 production was about 45 watches per day; the company would
grow to 300 employees and output increased to 150 watches per day.
Although the company continued to issue stemwind watches, they also
manufactured keywind movements for some of their less-expensive models.
Starting when Fred was very young, Dietrich involved his older son in
the business. During breaks from school Fred worked in the engine room,
blacksmith and machine shops, and was later given more skilled jobs in
the gilding and die departments. After earning a mechanical engineering
degree at the University of Cincinnati, Fred was sent to Germany to
study at one of the most respected European watchmaking schools,
graduating with top honors from the Horological Institute of Glashütte
in 1893. During his studies, he designed and built both a chronograph
and a repeater movement, according to small notices in an 1890s
Jeweler's publication.
Fred quickly became an important part of the company. Shortly after
returning from his studies, he began to streamline and reorganize
manufacturing processes at the Columbus Watch Company, starting with the
jewelling department, which up until then had been a bottleneck in the
production of finished watches.
Left:
The Columbus Watch Company as shown in an 1888 issue of the Columbus
Dispatch. I do not believe the tower or the enlargements to the front
section were ever actually built—the building as it stands today shows
no trace of them. (Courtesy of the Columbus Metropolitan Library.)
Things had gone very smoothly for the young company, but this was not
to last. The Panic of 1893 was devastating to the U.S. watch industry.
This was one of the worst economic periods in American history, second
only to the Great Depression, and lasted for several years. (What we now
would call 'depressions' were once referred to as 'panics.' In the early
1930s, President Herbert Hoover coined the term 'depression' to put a
cheerful spin on the harsh economic conditions that his administration
was being blamed for—the U.S. was not experiencing a panic, merely an
economic depression. This term has stuck.)
American watch companies were forced to reduce prices and cut wages,
and several did not survive. During this same time, Waltham and Elgin
engaged in a vicious price war which hit the Columbus Watch Company very
hard. Fred later wrote that he believed his father's company was
specifically targeted by these powerful rivals. The smaller and younger
company did not have the financial resources to weather the crisis.
Left:
Columbus 18-size pocket watch, circa 1893.
After a series of disagreements with the other partners, Dietrich and
Fred left the Columbus Watch Company in 1894, shortly before the
business went bankrupt. Dietrich had lost his share of the company to
the investors, and was faced with the prospect of staying on as a
salaried employee at the company that he had founded. He chose to leave
rather than bear this indignity. After the departure of the Gruens the
firm was reorganized, refinanced and renamed "The New Columbus
Watch Company."
For collectors wishing to know if a Columbus watch is from the Gruen
era: The Complete Price Guide to Watches indicates that the
Gruens would have left around serial number 229,000. After 1894,
Columbus watches started to have names like Time King and Railway
King. The pre-1894 models were not named. Although after 1894 the
official name was The New Columbus Watch Company, many dial and movement
markings still used the original name, leaving out the word
"New."
The New Columbus Watch Company survived until 1903. The contents of
the factory, including all the tooling and stocks of movements, were
eventually purchased by the Studebaker family, moved to Indiana (along
with many key employees) and used to start the South Bend Watch Company.
Some early South Bend watches were sold with signed Columbus movements
in them.
Next:
D. Gruen & Son >>
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