Due to the presence of the bearing pivot wheels and the slack in the bore for the pivot center, the only possible loading of the center pivot "pin" is shear. It's 4" in diameter. Using very conservative numbers for the yield strength of cast iron, there would have to be a shear load well beyond 100,000 lbs to break it. While I understand the gut reaction to cast iron from antiques, it was heavily used as a structural material, and is appropriate for this application.