Hamilton Watch Co. Time Line 1867 - Elgin made it's first railroad watch. Many think that this was the first railroad watch, but actually the Crescent Street size 18 by Waltham was made or marketed a few years prior. 1870 - Illinois Watch designated for railroad use - Illinois made 83 different railroad watch models from 1876-1933. 1874 - Predecessor of Hamilton - Adams and Perry Watch Company was formed with $78,000 in capital. 1876 - Ezra Bowman - made the his first watch The Bowman Watch- a response to his observation of the Adams & Perry's demise. 1877 - Lanscaster Pennsylvania Watch Co. - formed on the determination that 800 of the remaining movements from Adam & Perry could be completed and sold for $20,000 giving sufficient capital to form this new company. 1878 - Lancaster Pennsylvania Watch Co. recognized after the sale of the Adam & Perry movements and the Lancaster Pennsylvania Watch Co. Limited was formed. 1879 - The above was recognized with additional capital to the "Lancaster Watch Company." 1879 - Lancaster Watch Co. produced its first watch - it was a size 19, then reduced to a size 18 to fit Howard Cases. Four grades of watches were produced with the names - Keystone, Fulton, Franklin and Melrose. 1880 - Lancaster Watch Co. - Showed profit 1881 - Lancaster Watch Co. - Doubled its Capital 1882 - Lancaster Watch Co. - Prospering, marketing grades - Delaware and Lancaster, PA. 1882 - Lancaster Watch Co.'s Delaware model now featuring a patented, dust-proof cover of the escapement giving them a competitive edge. 1882 - Offered more then 30 varieties placing a strain on the company leading to reorganization forming "Lancaster Watch Co. Inc." 1883 - Lancaster Watch Company Inc. 1884 - Lancaster Watch Co. Inc. failed due massive debt of $100,000. 1884 - Approximate rise of the Keystone Watch Co. 1885 - Aurora made watches for railroad service seven years later became part of Hamilton. 1886 - Keystone Standard Watch Co. 1886 - Keystone Watch Company 1889 - Appointment of H. J. Cain as General Manager. Later he will personally design the first Hamilton watch. 1890 - Company became insolvent, the factory closed and Mr. Cain left Aurora. 1890 - Death of the Keystone Watch Company - an attempt was made to remove some of the debt by finishing several hundred movements which were sold by Oppenheimer Bros. and Veith. 1892 - Negotiations between Charles Rood and Henry Cain (from the bankrupt Aurora Watch Co.) and Lancaster businessmen give raise to the Hamilton Watch Co. 1892 - Hamilton name officially adopted and the Charter was granted by the State Department of Pa. 1892 - Hamilton 's first movement designed by Henry Cain. 1893 - Debit bonds of $50,000 were burned and title passed to Hamilton from Keystone. 1893 - Start of 27 different grades of Railroad watches in 51 different styles - continued until 1969 the last model being 992B. 1893 - The first Hamilton watch. It was not completed until late 1893 almost one full year after the founding of the company. 1893 - Hamilton had only one salesman, by 1924 they had ten, by 1929 they increased to sixteen. 1893 - Only 212 watches were made for this year - 75 were finished in November and 137 in December. Total sales were only $1,500. 1894 - 5,065 watch movements were sold. 1894 - New model 18 size, full-plate, open face and hunting, improved grade 936 - New grade 937 (later in 1898 and 1899 this model would become the 940). 1895 - 6,514 watch movements were sold. 1896 - Hamilton made a Grade 999 Railroad Grade watches for Mr. Webb Ball who was a Technical Inspector. (This company never actually produced watches) Confirmed 21,788 total Hamilton movement were shipped to Ball but total could have been closer to 50,000 of the Grade 999 were made. 1896 - Hamilton also made a 23 jeweled model, Grade 998, Railroad Grade watch for distribution by Mr. Ball. 1896 - 4,404 watch movements sold. 1897 - 10,982 watch movements sold. 1898 - Hamilton' s best seller began production - 18 size, Grade 940 - 205,815 movements made between 1898-1926. 1898 - 23,821 movements sold. 1899 - Waltham watch Co. began production of railroad grade watches in size 16, 23 jeweled, dubbed "Official Railroad Standard" some made for distribution by Mr. Webb Ball - production stopped in 1922. 1899 - 22,888 Hamilton movements sold. 1900 - 30,316 watch movements sold. 1900 - Henry Cain Died - credited as the force behind the remarkable success of Hamilton. 1901 - 38,654 watch movements sold. 1902 - 53,327 watch movements sold. 1904 - The Grade 940 described as "The Railroad Timekeeper of American" also exported to England and then dubbed "The Railroad Timekeeper of the World" 1904 - Hamilton, Elgin, Waltham and Illinois investigated for price fixing and anti-trust violations - investigation was dropped in 1907. 1906 - W. W. Dudley - joined Hamilton as foreman of the modeling department - hired to develop 0-size movements - later founded Dudley Watch Co. and produced Masonic designs. His company went under and he returned to Hamilton as a finisher. 1907 - Hamilton published a pocket notebook as a promotion - 3x5 with 32 printed pages - 32 blank memo pages, advertisements, calendars for 1907 and 1908, and miscellaneous helpful hints. 1908 - Market for railroad watches became glutted, Waltham and Elgin moved into smaller sizes and fanciers cases. Hamilton did not follow suite and as a result sales dropped one-third. 1908 - Hamilton introduced an 0 size pendant watch completely cased. 1908 - Hamilton introduced a 950 railroad grade watch in England, where it received high praise and selected for outstanding accuracy by European horologists. 1909 - Grade 950, size 16, (new grade of 950) The Mainliner - 16 size, lever set, 23 rubies and sapphire jewels, elinvar hairspring, mono-metallic balance wheel, two-piece friction fit balance staff, patent motor barrel, gold center, capped jewels, double rollered escapement, sapphire pallets, micrometric regulator, friction set roller jewel. Adjusted to Temperature and five positions. Sold cased ONLY in 10k gold filled open faced. Choice of dials. Price $75.00. Note: 950, 23j, Open faced, pendant set made only 4,400 in bridge model between 1909-1925. Lever set model about 18,000 made between 1909 and 1936. All had solid gold jewel settings, recoiling click, 23 extra fine ruby jewels; adjusted to 5 positions; gold train, micrometric regulator, double roller, Breguet hairspring, compensation balance wheel, steel escapement, solid nickel bridges and patent motor barrel. (This information was taken directly from the original 3x5 card that Hamilton made on every watch model produced). 1911 - Hamilton factory more then doubled in size. A fourth floor had been added to the East and West wings and both wings were extended. 1915 - Hamilton introduced a ladies watch with a detachable bracelet. 1918 - Hamilton watches were the official timekeepers for the U.S. Airmail flights between Washington D.C., Philadelphia and New York. 1919 - Hamilton introduced it's first wristwatch for men - 17 jeweled, sterling silver case and strap with a buckle for $35.00 1920 - Elinvar hairspring developed by French Physicist Dr. Charles E. Guillaume (awarded the Nobel Prize in Physics). The hairspring was perfectly elastic and made of a non-magnetic allow, resisted rust and automatically compensated for variation in temperature. (Hamilton obtained the rights to it in 1931). 1921 - The first presentation done by President Warren Harding was of a Hamilton watch to Henry J. Greiser, swimming instructor and health expert for the government in the Canal Zone. 1924 - Extended sales staff to ten. 1925 - Swiss competition was beginning to be felt. (From 1923 - 1928 importation of watches more than doubled). 1926 - Admiral Richard E. Byrd used a Hamilton during his historic flight over the North Pole. 1927 - First air flight from California to Hawaii - Two Hamilton torpedo boat watches were used. 1927 - Hamilton's President Miller began giving company stock to employees who received honors. 1928 - 60 Hamilton watches were the "Official Timepieces" of the first Byrd Antarctic Expedition. 1928 - Hamilton watches timed the University of Michigan's second Greenland Expedition. 1928 - Hamilton purchased the Illinois Watch Co. of Springfield, Illinois. By 1933 Illinois factory was closed and machinery moved to Lancaster. Hamilton continued to use the Illinois until 1953 - some of them were Swiss movements 1929 - 71 models offered, 11 were for women, four of which were diamond-set cases. 1929 - Increased sales staff to sixteen. 1929 - Hamilton enjoyed 31% return on sales. Showed a profit of $1.8 million after taxes on sales of $5.8 million - Hint of price fixing raised again (eventually indicted in 1941, but due to war effort going on at that time no effect was felt.) 1929 - Hamilton offered 40 pocket watches grades and 19 wrist watches for men. 1929 - Hamilton made tachometers for cruisers (only 5 to 6 made), submarines (only 4) and hundreds for aircraft. (All produced under Hamilton name with the aid of Stover-Lang.) End of the 1920's - Hamilton purchased land southwest of the factory and build a residential community called "Hamilton Park". Houses were build and sold to employees at cost. 1930's - Hamilton produced superior watch parts (better then European counterparts) and even sold them lower than the competition. 1931 - Hamilton's share of the market had dropped so substantially that the company was at the break even point. 1931 - Hamilton purchased the E. Howard Watch Co. and produced small quantities under this brand name. 1931 - Hamilton obtained the American rights to the Elinvar hairspring - perfectly elastic, rust resistant, non-magnetic and it automatically compensated for variations in Temperature. Of a concern was the fact that it proved fluctuate greatly in quality. Hamilton Chief metallurgist developed Elinvar Extra, an alloy so uniform that it out performed the finest ever made. It was virtually immune to changing conditions - resulted in unprecedented accuracy. They used if for the first time in the 992B Railroad watch in 1940. 1932 - Only year Hamilton lost money - Waltham posted losses from 1931-1934 and Elgin and Bulova posted losses from 1931 to 1933. 1939 - 88 models offered, 41 were for women, 4 of which were encased in diamonds and platinum and 8 in diamonds and gold. 1939 - Hamilton offered 30 wrist watch models and only 16 pocket models. 1940 - Hamilton accepted a contract with the Navy to supply 40 chronometers. 1942 - First two Hamilton marine chronometers were delivered to Navy. (Total production equaled 8,902). (Between end of WW I and 1970 a total of 4,184 were produced - grand total 13,984.) 1944 - Joseph Stalin was presented a Hamilton pocket watch by the American Jewelers via Russian Ambassador Andrei Gromyko. 1947 - Hamilton could make 275,00 screws worth $9,100 from a single pound of steel costing 90 cents delivered in Lancaster. 1951 - Hamilton acquired Ralph W. Biggs & Co. (a case making company specializing in high quality diamond set watches). 1955 - Imported over 10,000 pocket watches from Switzerland - and continued to do so through 1957. 1959 - Hamilton acquired Wallace Silversmiths. Interesting side notes: NOTE: World War I - Hamilton designed and constructed special navigational watches for use on torpedo boats, destroyers and submarines. NOTE: General "Black Jack" Pershing - used a Hamilton Railroad watch to time all troop movements of the A.E.F. it was borrowed in the early stages of the war and kept for it's entirety. NOTE: World War II - Hamilton produced 18,938 pocket watches for the Army; 15,563 "comparing" watches for the Navy; 23,610 wrist watches for the Navy; 110,336 wrist watches for the Army; 18,814 wrist watches for the Marine Corps; 17,054 chronograph stop watches for the Navy; 5,000 chronograph stop watches for the Army; 15,614 "elapsed time" clocks for the Navy; 2,000 navigation watches for the British Navy; 313 mounted chronometers watches and 312 pocket navigation watches for the Canadian Navy; 3,000 wrist watches for the Russian Government; five mounted chronometer and 135 chronograph stop watches for the Russian Maritime commission. Total value of the time pieces produced was $14,433,835.67. NOTE: One millionth Hamilton - rare Grade 947, probably manufactured in 1913. According to company records only 308 units of this grade were produced. NOTE: Grade 992 - size 16 - 1,066,215 were made, all Open Face - grades 992, 992E, 992B - all were 21 jeweled. NOTE: The Cleveland Watch Co. sold more then 100,000 Hamilton works. NOTE: The original name of the company was to be the "Columbian Watch Company" - but the Waterbury Watch Co. already had a model by the same name. NOTE: The name Hamilton was in honor of Andrew Hamilton who donated the land that the city of Lancaster had been built on. NOTE: A total of 196,193 watch movements were sold in the first 10 years. NOTE: Specifications for railroad grade watches per Mr. Webb Ball: - Must be open faced; size 16 or 18, no less then 17 jewels, adjusted to 5 positions at the least; gain or lose no more then 30 seconds a week; adjusted to temperatures from 34 to 100 degrees (F); doubled roller, steel escape wheel, micrometric regulator, lever set, winding stem at 12 o'clock, grade on back plate; use plain Arabic numbers printed in bold black and white dial, and must have bold black hands. NOTE: Webb Ball, for the most part, purchased movements from Hamilton, not completed watches. He then assembled watches from components which he made along with those of numerous other jobbers. Regards Tim Sweet Timekeepr2@aol.com M.O.S.T. Watch and Clock Co. Web site: http://www.cyberportal.net/watches/timhome.html