The manufacture of needles in the year 1904 by reason of enlarged quarters and increased machinery, reached a high of 6,296,850 and by 1922 the company was manufacturing about 1,800 different types of needles and their annual production reached 13,000,000.
For the years 1906 and 1907, the annual sewing-machine production was approximately 150,000 machines, and employees numbered 743.
During the years 1920, ’21 and ’22, the company operated with a substantial losses and because of their indebtedness, the banks took over the management of its affairs. On October 8, 1921, Mr. DeForest Candee was nominated to the Board of Directors, representing the banks. A week later, President Scarborough was elected to the office of Chairman of the Board and DeForest Candee was elected as President.
On January 14, 1925 DeForest Candee resigned as Director and President at which time Charles R Scarborough returned to the presidency. In February of the same year the Company was re-organised.
In the spring of 1927 the executive and general offices of the New Home Sewing Machine Company were removed from 432 4th Avenue, New York city, to the plant works in Orange, mass. Six months later, the executive and general offices were moved back to New York City, same address.
In spite of the efforts of Mr. Bender to strengthen the Company, it nevertheless continued to lose ground and an effort was made to dispose of the company. The Free Sewing Machine Company of Rockford, Ill, became interested t the extent of taking over temporary management of the Company September 1, 1928, without disturbing the location of the works, and subsequently purchased entire control of the Company January 1, 1930, at which time the machinery, patterns, dies, tools, etc, were moved from Orange to Rockford.
The Free Sewing Machine Company, having moved the equipment of the New Home Sewing Machine Company in Orange to Rockford, commenced to manufacture some of the New Home models and the sales and production of the New Home sewing machine was from henceforth on amalgamated with the Free organisation.
By 1937 there were over 7,000,000 New Home sewing machines in use.
The script is reprinted from Company archive material.