Here's a little more info on the Cheney Co.
"In 1820 the Ellice Estate sold the corner, which the Art Backing Co.
occupies, to William Ingham for a fulling mill, and this was the first
water power lot they sold. Around 1845-50 Henry Cheney came to Little
Falls from Fly Creek and operated a hammer manufacturing shop in the
Ingham Mill. The Inghams must have continued to be financially interested,
for when Mr. Cheney died in 1879, a stock company was formed and Schuyler
Ingham was the president. In 1925 Elmer Mulford came to Little Falls and
operated the Cheney Hammer Co. until 1954, when the firm was sold and
moved away."
There's also this from the May, 1917 Little Falls phone directory. I'm
not sure if the second entry is related in any way; the hammer-making
Henry was deceased by then. Maybe it's his son?
"Cheney Hammer Co The Henry, 74 W Mill Lttl Fls 323-J
Cheney Henry, r, 676 E Monroe Lttl Fls 808-M"
No guarantees on the accuracy but it sounds about right.
Mike