Business & Finance: Graybar Electric

The business of the Western. Electric Co. has long consisted in manufacturing telephone equipment for the Bell telephone system and other clients, and making other electrical supplies. The latter activity has recently been segregated and incorporated under the name of the Graybar Electric Co. Capitalized at $15,000,000, all owned by Western Electric, the new company is the world's, largest merchandiser of electrical supplies.

The name of the new corporation is derived from those of Professor Elisha Gray and Enos M. Barton, who formed a partnership in 1869 to manufacture electrical equipment. Gray was...

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