KaSSES
Mftyunaj
THAT BIG SALE.
The Unloading'of South Penn
Stock Causes Surprise.
i SIXTY GENTS THE PEICE.
TVill the Eoad be Abandoned or Will
it be Completed ?
PRESIDENT DEPEW'S OPINION.
He Says the Pennsj Will 2fot Secure Con
trol of the Line.
M THE P1TTSBUBGERS SOT SQUEEZED
The exclusive publication in yesterday's
Dispatch of the sale of the Hostetter and
Frick interests in the South Pennsylvania
Railroad to the Yanderbilts, and the proba
ble abandonment of the enterprise, caused
quite a sensation in the city.
At first it was not believed, owing to the
meager details. Large manufacturing con
- cerns -who do a great amount of shipping,
and who thought the completion of the road
acertaintr, began to telephone the stock
holders who were known to be in the city,
and ask them if the statement was true.
The latter were almost as much in doubt
as were the inquirers, and could give no in
formation in regard to the matter. Messrs.
Jones, Bagaley, McKee and Ferguson were
surprised at the turn affairs had taken, and
did not try to conceal their astonishment.
"On 'Change" the brokers would not be
lieve the report until telegrams came flying
from New York that the matter was true,
and the road would be abandoned by the
Vanderbilt people. On the strength of the
statement in The Dispatch, Pennsyl
vania Railroad stock began to advance until
it had gone up 50 cents.
2.0BODY TO BLAME, Or COURSE.
No blame is attached to any person in
this city for selling out It was accepted as
a fact that the Vanderbilt family would cot
build the road, and it was no use for the
Pittsburgers to hold on without them.
Messrs. Frick, McKee, Ferguson and
Jones think the best thing that could have
happened to the road was done. They will
lose 40 per cent of what they invested and
the interest on the money they put in.
Whether the people living along the line
of the road, and who gave away valuable
ground, which has been cut up, will try to
recover damages is a matter of surmise.
Later reports received last night from
New York say the road will not pass into
the hands of the Pennsylvania people and
there is a strong possibility that it will be
built. George Shiras, Jr.,of this city says
the Vanderbilts will build the road them
selves. The sale tookpUce at the office of Bangs,
Stetson & MacVeagh, Tuesday afternoon.
There were present Messrs. Stetson, repre
senting the Vanderbilts, Mr. Baer, General
Counsel of the Beading Railroad, also rep
resenting the Vanderbilts, Andrew Carne
gie. H. C. Frick, D. H. Hostetter, and sev
eral Eastern stockholders. "When Mr. Frick
left this city Monday evening last it was
with the intention of signing the new Car
negie agreement, if tire Vanderbilts did.
Mr. Fnck stated so at the meeting, but the
Vanderbilt representatives said nothing.
THE MAS' "WITH THE BOODLE.
Mr. Stetson stated that he was ready to
offer 00 cents on the dollar to all stockholders
who wished to sell out He said the offer
would be held open as long as desired. He
did not say who was back of him in the
matter, not what the purchaser intended to
ilo with the road, but this was considered
unnecessary by Messrs. Hostetter and Frick.
They immediatelv took the offer and signed
the papers transferring the stock. It was
not stated by Mr. Stetson that if the offer
was not accepted the Vanderbilts would not
carry out their part of the agreement to
build the road, but this was the conclusion
jumped at
The total amount of stock subscribed for
was $15,000,000. One-third of this was held
by the Vanderbilts. Thirty-eight per cent
of the stock was paid in by the holders, with
the exception o' Ralph Bagaley, who had
only paid in 20 per cent. It is stated that
must of the money for the purchase of the
Pittsburg interests is being put up by the
Pennsvlvania Railroad.
Tbe"following telegram received here late
last night from New York bears most vitally
on the question in point:
THE STEW TORK END OF IT.
A man "Abo is said to be thoroughly ac
quainted with the facts of the South Penn deal
is quoted by the Evening J'oil this afternoon
as saying:
"Vhen the WestSboro settlement was made,
it was agreed that the Vanderbilt interests in
the Sonth Penn should be handed over to the
Pennsylvania, but the courts intervened to
prevent this being accomplished and subse
quent litigation involved the situation in difli
cultics. These have been removed one by one,
and the last step, the purchase of the Pitts
burg interest, has been accomplished. This
amounted to between 13.000. 000 and $1,000,000
and the Vanderbilts have bought it out,
paying 0 cents on every dollar in
vested. In other words, the Pittsburg people
bear a loss of 40 cents on the dollar and step
out Now the road won't be built unless the
Pennsylvania want Co do it My impression is
that an arrangement has been made by which
the Vanderbilts will turn the property over to
the Pennsylvania in accordance with the plan
included in the original West Shore settle
ment" 'President Chaunccy M. Depew this after
noon is quoted by the Commercial Adiertucr
a saying that the reported acquisition by the
Vanderbilts of tbe bouth Penn Railroad was
true, that the Vanderbilts had bought the
Pittsburg Interest and now had control, but
that no agreement whatever had been entered
into by them to turn the property over to the
Pennsylvania Railroad, and that it wouldn't
go into tbe hands or under control of the
Pennsylvania Company. Mr. Depew declined
to say what price was paid or the amount of
stock In the newly acquired holding.
H. C. FEICK'S VIEWS.
One of the Henvlest I'imbnre Stockholders
Tells How the Sale M'ai Made No
Doubt Abont the Abandonment.
Mr. H. C. Frick, who was one of the
heaviest stockholders in this city, was seen
at his office yesterday afternoon and inter
rogated in regard to the matter by a Dis
patch reporter.
To the reporter's inquiry as to whether he
had sold out or not, he smiled and simply
said: "The Vanderbilts did not sign the
agreement, neither did Mr. Ferguson or my
self. There is nothing to be said that was
not in The Disp'atch this morning."
"Well, will the road be built or will the
proceedings stop where they now are?"
"AH I can say is that there is no likeli
hood of the Yanderbilts signing the new
agreement"
"What will be done in regard to the mat
ter?" "I do not see that anything can be done.
There certainly does not seem to be any life
left in the scheme. In nil probability it
will be dropped now by the present pro
jectors." "What effect will the sale of yours and
the Hostetter interests have on the Penusly
vania Railroad?"
SATS BE ACTED ALONE.
"I do not know anything about the Hos
tetter interests, whether they have been sold
or not I only know that I let go of what
ktock I had in the projected scheme. In
regard to the effect it would have, I do not
think it could have a bad effect on Penn
svlvania stock."
""What other Pittsburgers were present at
the meeting?"
"There were no other persons therefrom
this city but Mr. Hostetter and myself.
Neither Mr. Jones nor Mr. McKee were at
the meeting."
"What will be done by the other Pitts
burg stockholders who were not there and
who did not have a chance to sell their
stock?" s,
"I do not know what they will do, but I
suppose they will be given an opportunity
to sell at the same figure offered Mr. Hos
tetter and myself. I would like to be ex
cused from turther answering of questions.
I do not care at all to be quoted on the mat
ter." "Do you think that other parties will take
hold of and build the line?"
"I do not see why they should. You see
there are very few railroads in this country
that are paying dividends. This was shown
by the meeting ot railroad Presidents in
New York a few days aco. As the railroads
now running are not paying it is a pretty
hard matter to interest capitalists enough to
get them to put their money in a new enter
prise. Particularly is this the case in a
new road which would have to be running
(or years before there would be a sign ot
earnings. Of course other people may pick
it up and build on the proposed route, but I
do not know who they are in this city."
A heavy stockholder who was seen after
supper, and who refused to be quoted in the
alternoon, said: "It would be hard to predict
the ultimate result of the matter. The re
ports in the paper are in the main correct
At the meeting a gentleman whom I did not
know, but who I afterwards thought repre
sented the Vanderbilt interests, got up and
made the announcement that he was ready
to offer 60 cents on the dollar for the stock
held by Pittsburg parties. I saw that the
Vanderbilt people would not sign the new
agreement, and things looked decidedly
blue for the road.
the dispatch cobbect.
"As the Vanderbilts had subscribed to one
third of the stock and let matters rest jafter
paying in 38 per cent of it, it certainly did
look as if they intended to do their share
toward building the road. "When the offer
of CO cents was made I came to the con
clusion that it was time to unload, and con
sequently I sold what I had."
Well, what will Messrs. Jones, Fergu
son, McKee and Bagaley do; will they be
made the same offer or will they be frozen
out?"
"I don't know what they will be offered,
but think that if they get 60 cents thrown
up to them they will accept it I do not
think they will stand on the order of accept
ing the offer, as several weeks ago I knew
a number of people in the city who held
South Penn stock that they would gladly
sell for 00 cents. I knew that was as good a
figure as I could get and consequently let it
go."
"What will the Pittsburg stockholders
lose by the new deal?"
"They will lose more some time from now
if they do not sell as soon as possible. It is
not a desirable stock to have, and not likely
to appreciate in value. Mr. Bagaley may
not lose as much as the others as lie had
only paid in 20 per cent of what he had.
"The Vanderbilts, owning one-third of the
total stock, which was worth ?5 000,000, had
paid in 51,900,000. They showed very
plainly that they would not pay in any
more."
STOCKHOLDER M'EEE TALKS.
Be Says the Road Wonld Not be Worth a
Cent if the Vanderbilts Arc Not in It B,
F. Jones Has His Say.
H. Sellers McKee, the glass manufacturer,
who is also a heavy stockholder in the com
pany, was seen at his residence in Alle
gheny last evening, and asked what he
thought ot the deal. He said:
"Why, we are completely floored at the
unexpected manner in which we have been
dumped. Do I think that any persons will
be sqneezed? No; Mr. Frick is too honor
able a man to accept more for his stock than
would be paid to his associates in the enter
prise in this city.
"Will the road ever be built?"
"No, I don't see how it can under the ex
isting state of affairs at the present stage of
the game. How can it? What good would
it do anybody? What would it be worth?
Why, I wouldn't give you a continental
cent for it without the Vandernilts in it
"The road as it has been graded and sur
veyed, is supposed to run from Harrisburg
to Port Perry. I do not know how much
money has been spent on it, but it will
amount to a great deal. We have completed
three large tunnels, and I guess they will
stand as they are. It was the intention to
connect with the Pemicky road at Port
Perry and find an outlet to the West via the
Lake Erie.
"We were to get into Philadelphia and
New York via the Reading road, and to
get these connections it was absolutely
necessary to have the Vanderbilts financial
ly interested in the new line. The Vander
bilts control the Lake Erie and Lake Shore,
and would have taken care of the South
Penn business. If tbe South Penn could
not go into Philadelphia via the Reading,
where would it get terminal facilities?
A BABEEir PATH.
"If they could not get into New York
through the Jersey Central or Bound Brook
route where would they strike the city? The
Baltimore and Ohio road has almost bank
rupted itselt trying to get terminal lacili
ties in New York and has not succeeded yet
"Ihe South Penn road;now begins no
where and ends nowhere. In its path from
Harrisburg to Port Perry there are no towns
that could furnish business'. There are no
manulacturing concerns that would give it
any decent amount of freight Why you
might as well start a street car line from
one end of the Suspension bridge to the
other, and not allow it to get into Pittsburg
or,Allegheny and expect it to pay as to ex
pect a railroad from Harrisburg to Port
Perry to do any business. To get con
nections at both points it is absolutely
necessary to get the influence of the Van
derbilt family.
"I think the remaining Pittsburg stock
holders would be wise in selling out I
think that Mr. Frick had the power of at
torney in the matter and could do as he
pleased. The Pittsburg stockholders could
all have unloaded three years ago for 60
cents, provided they wished to. It we had
done so, we would nave been three years' in
terest ahead of the game.
"The Vanderbilts will only lose ?l,200,000t
That is nothing to them compared to wha.
they might lose by getting into another rate
war with the Pennsylvania people. They
could not afford to fight the Pennsylvania
railroad people on a small matter like ?1,
200,000. The latter might involve them in
Eomethmg that would endanger the $100,
000,000 owned in the New York railroads by
the Vanderbilt family. What they would
lose on the South Penn would be only a
couple of months' interest on what theyown.
morgan's part in the deal.
"Pierpoint Morgan played an interesting
part in the deal. He is "heavily interested
in thePennsylvania and Reading roads. He
could not aSord to let the Sonth Penn go
over the latter' tracks, and this had a great
deal to do with the Vanderbilt people let
ting it go.
"To sum the whole matter up, it's very
plain that the Vanderbilts are willing to
buy up all the paid-in stock, and lose what
they have put in themselves, rather than
provoke the Pennsylvania road to hostility.
Tbe latter helped them in the West Shore
deal, and now the tavor is being recipro
cated." B. F. Jones, who owns considerable of the
South Penn stock, was asked what effect the
sale would have on the other Pittsburg in
terests in the road. He said:
"I do not see that it can have any other
cfiect than the total disbandment of the line.
I have received no official information in
regard to the matter, but I suppose that the
sale was actually made. The Pittsburg
stockholders will lose 40 per cent and the
iutereston their money lor over five years,
-. .
ftHE
provided that CO cents on the dollar was
paid for the Hostetter and Frick stock.
"It has been stated that Mr. Frick was
given the power of attorney in the matter,
and he could sell all stock held in Pitts
burg. Is this correct?"
"No; I do not think he was. I am pretty
sure that my stock has not been sold yet,
but suppose I will get as much for it as the
others did. The total amount paid in by nil
the stockholders was a trifle over $6,000,000.
I suppose that the reason for Mr. Hostetter
selling out was that he wanted to settle up
his father's estate."
A BIG COKE OPERATOR'S WAIL.
Pennsylvania Ten Venn Behind the Time,
and the P. It- Cannot Toko Care of the
Business Offered It.
A representative of the Schoonmaker
Coke Company, the second largest concern
iu the Connellsville region, was interrogated
yesterday in regard to what effect the non
completion of the road would have on the
shipping interests.
The Schoonmaker Coke Company last
year made and shipped over 37,000 cars of
coke, aggregating over 800,000 tons. The
gentleman said: '
"I would like to have seen the South
Penc built for the reason that weJiave
about reached the time when it is absolutely
necessary to have better transportation fa
cilities for our product Pennsylvania is
about ten years behind the times in the
matter 'of railroad building. The improve
ments in this respect have not kept pace
with the internal development of the State
and the consequent large railroad tonnage.
Of course the Pennsylvania Railroad has
made wonderful strides to handle all the
business offered, but there are seasons of the
year when they are literally swamped and
the system becomes blocked on account of
the enormous traffic given them.
When the Lake Erie road was projected,
the officials of the Fort Wayne and Cleve
land and Pittsburg set up the cry that
there was not enough business for them, let
alone competing lines. Then the Pittsburg
and Western was built, and in a few years
they found that there was more business out
of Pittsburg than all of them put together
could carry.
If the South Penn was built it would
have the effect of developing the country
through which it passed, and would give
large shippers accommodations they could
not get from the Pennsylvania People. The
latter have done everything in their power
to keep pace with the business, but they
cannot do so."
THEIR HOPES BLASTED.
The Sonth Penn Would Have Been a Fine
JDatlet for Ihe Lake Erie.
Superintendent Holbrook, of'the Lake
Erie, speaking of the latest report from New
York about the South Penn, said: "I
can't say that it is true that the road has
collapsed, and I hardly believe it; but if
the report is correct I am sorry for it. I
would much rather see the road built It
would be a fine eastern outlet for the Lake
Erie. At present we carry no eastern
business, but we send lots of traffic east If
the South Penn was built we could secure
eastern freight
"Of course.if the road is bnilt.it wouldn't
yield enormous profits at first, but I believe
it would pay. They would commence with
a single track, but they couldn't begin to
handle the business with the Pennsylvania
for awile. It would be a good thing for the
Reading and the Lake Erie roads if the
South Penn was built There is no danger
of the Lake Erie ever falling into the hands
of the Pennsylvania. It is one of the best
feeders the Lake Shore has."
A well-known official of the Pennsyl
vania Company returned from New York
last night. He said he hadn't heard much
about the South Penn, but if the project is
a failure he couldn't help but be .pleased.
That is all he would say.
IT WILL BE BUILT.
George Shiras, Jr., Says the Vanderbilt
Family Wnnt All the Stock to Have a
monopoly on the Road.
George Shiras, Jr., the solicitor of the
Pittsburg "stockholders stated last night
that the road wonld be built
He took an exactly opposite view from
the others and thought that the purchase
was for the purpose of giving the Vander
bilts a monopoly of the stock. He thinks
that the Vanderbilt family will not enter
into an alliance with the Pennsylvania peo
ple, but that they will be more eager to
build after they have secured all the stock.
FOR THE SAKE OF THE LAKE ERIE
An Official Mourns tbe Sale of the Interest
ins; Sonth Penn Rond.
The apparent collapse of the South Penn
project at last, was the subject of conversa
tion among railroad men yesterday. Some
are inclined to believe the report is true,
but all think that this week will tell the
tale decisively.
An official of the Lake Erie road said
yesterday: "The fact that the Hostetter in
terest in the Lake Erie road was sold looks
suspicious. It appears on its face that they
also intended to sell out their interest in the
South Penn. Whether they have or not,
time will tell. I wss in hopes, for the sake
of the Lake Erie, that the road would be
built,"
HE REGRETS IT.
D. T.
Watson Believes the Sonth Penn Is a
Dead Duck nt Last
Mr. D. T. Watson went to Philadelphia
last night
"I was attorney for the South Penn in
some of its transactions in its earlier days,"
he said, "but of late I have had nothing to
do with the road. I don't know anr more
about its affairs than what I see in the
papers, and, Irom what I can gather, the
enterprise has come to a sudden end. I
would rather see it otherwise. Pittsburg
doesn't like it, and there are others that do
not" .
One Lucky Man.
Mr. Horace G. Young, Vice President
and General Manager of the Delaware and
Hudson Canal Railroad, who is in the city
for a few days, was asked yesterday for his
ideas on the South Penn question.
He said that as his road hnd but little to
do with trnnk lines and nothing whatever
with the Pennsylvania Railroad, he had
taken but little thought of the matter and
was not prepared to express any opinion.
The line of which he is manager is too far
East to be affected by any actions of the
Pennsylvania Railroad.
A MILLION GOES BEGGING.
Mrs. Jacobs, of Braddock, Thinks
Her
Children Aro Baker's Uelrs.
About seven years ago Israel Baker died
in a Chicago eating house, worth a million.
He left a will, bequeathing all his property
to his cousins, Thomas and Edward Jacobs,
and if they should be dead it was to go to
their heirs.
Baker led a dissolute life and was un
married. An effort was made to find the
cousins. Four years ago Thomas Jacobs died
at Braddock. He left a wife and six children,
who still lire there. Mrs. Jacobs thinks
her husband "was the cousin mentioned in
the will, and the children claim they often
heard their rather say he had such a rela
tive. An investigation will be made at once.
Their lnck will be great if they are tbe
right persons,,
He Was n Tartnr.
John Kelly, a workman, objected to 'a
tramp sleeping in Moorliead & McCIeane's
mill last night' The tramp hit him with a
piece of iron. The night watchman came to
his assistance, when the rascal bit ji piece
out of his arm and skipped.
IR$SfiP
-cipf
pMsbiM& irfsPiCJii,
THREE DAYS' GRACE.
The Cokers Will Strike Saturday if
Their Scale is Not Signed.
FRICK AGREES TO PAY THE PRICE.
OTer 10,000 Knights of Labor Decide to
Leave the Order.
BAD SPIKES RETURNED TO THIS CITY
The H. C. Frick Coke Company yesterday
posted notices at all their works to the effect
that present wages would be continued, and
thus a strike of their employes was pre
vented. The Frick Company is paying G per
cent more wages than is, paid at the other
works in the region.
These workers outside of the Frick men
have repeatedly requested the operators to
appoint a committee and confer with them
on the wagequestion.but their requests were
ignored. Finally they prepared a sliding
scale, which is practically the same as the
one now in force at the Frick works, and
announced that it would go into effect on
February 1 or there would be a strike.
They claimed that if the Frick Company
could afford to pay it, all operators could do
so. This statement the operators deny, as
serting that as the Flick Company receives
a higher price for their product they can
afford to pay higher wages.
Several of the leading operators were
seen yesterday and asked what action they
would take on the cokers communication.
All denied having received any communi
cation from the workers, and said they were
willing to continue present wares, but posi
tively would not concede an advance. They
said thev.would rather close down, and in
fact believed a suspension would be benefi
cial to the producers.
Sir. Gilbert T. Rafferty. of the McClure
Coke Company, one ot tbe leading concerns
in the region, said yesterday that he be
lieved the Frick Company was at ti.e
bottom of tlie-trouble. This company has
some high priced contracts and can afford to
pay higher wages than is received by the
men at the other works. It would be an
advantage to this concern it all the works
but their own arc shut douu.
Mr. Rnfferty says he will not sign the
Frick scale, and will keep his works closed
for a year if the men do not accept the
wages offered.
He had received no advice from the region
last night, and did not know whether the
works would be in operation to-day or not.
Late last night a telegram was received at
this office from Scottdale stating that the
members of the National Progressive Union
had held a meeting and decided to give the
operators until Saturday to answer their
communication. If they do not sign the
scale presented all the works in the region
outside of those owned by the H. C. Frick
Coke Company will be idle.
N. D. A. 198 GOES UNDER.
Tho Knichts of Labor Loose 46 Locals at
One Fell Swoop.
The report that 46 local assemblies of the
Knights of Labor, comprising over 10,000
members, would withdraw from the order
was circulated yesterday, and was verified
by a Dispatch reporter last night
These assemblies compose N. D. A.198,
machinery constructors and blacksmiths.
An effort was made two years ago, when the
charter was secured, to include pattern
makers, molders and boiler makers in the
national district. The general officers agreed'
to do this, but have failed to keep their
agreement, and to-day the district has fallen
off in membership fully one half.
Meetings have been called tor all the local
assemblies of N. D. A. 198 for Saturday
night, at which a vote will be takeu on the
question whether they shall leave the order.
There seems to be no doubt that the district
will desert the order in a body.
Mr. David J. Bowen, of the Southside,
one of the leading members of the district,
who has represented it in the General As
sembly since it was organized, was seen last
evening in regard to the report and said:
Some time ago I received a circular from the
Secretary of our local stating that on Satur
day, January 26, a voto would be taken by the
local as to whether we should withdraw from
tbe order or not I was unable to attend the
meeting, but I am certain the vote was in favor
of withdrawal.
What do you think Fowderly will have to say
to this?
Well, it just strikes me that Powderly Is a
failure as a labor leader, although be has good
intentions. As to his action in regard to the
matter? I don't think that he will do very much.
Yon see. Powderly with $1,000 a year and Pow
derly with his present salary, are different men.
He caters and toadies entirely too much to
wealth and capital. 1 say this In my capacity
as a Knight of Labor, for, personally, I have
nothing against the man; in fact, he is a good
friend of mine.
ARE NOT HELPING BARRT.
A Letter From General Secretary Magnlre,
of the Brotherhood of Carpenters.
Special Agent A. M. Swartz, of the
Builders' League, yesterday received an im
portant letter from General Secretary P. J.
Maguire, of the Brotherhood of Carpenters
and Joiners. It is in answer to the publica
tion recently in a morning naper to the ef
fect that trades unions are fighting the
Knights of Labor.
Philadelphia, January 29. 18S9.
An article was published in a Pittsburg paper
yesterday headed "An Attack in Disguhe,"
the substance of it being that the attacks of
Thomas a. Barry against tne Knights ol .Labor
are supported by four trades unions, who are
lurnisurngthe moneyand suppnrtlngMr. Harry
in his present movement Two of the organi
zations named as doing so are the Brotherhood
of Carnenters and Joiners and the Iron Mold.
era International Union. As General Secretarv
of tbe United Brotherhood of Carpenters and
Joiners I desire to officially say that not one
dollar of the funds of Cur "united brotherhood,
nor even a penny of personal contributions has
ever been given by our organization or Its mem
bers to assist Mr. Barry in his present move
ment. We have not any time or money to
spare to fight tbe Knights of Labor, nor have
we any uisposition to assist any movement to
combat them. On the contrary, our fondest
hope is to see tbe trades union men and the
KnighU of Labor working in harmony, each
recognizing the value of the other's work, and
readyas in former years to clasp hands in et ery
movement to benefit the toilers. From my
knowledge of the Iron Holders' International
Union expressed at various times to me by
their international President Mr. P. F. Fltz
patrick, lam free to say that their organiza
tion has not contributed one cent to the aid of
Mr. Barry, and is favorable to harmony of
action with the Knights of Labor.
P. J. Maguire,
G. S. of U. B. of C. and J.
Will Not Fuss at This Session.
Mr. P. H. Laufman, of the Apollo Sheet
Iron Works, returned yesterday from a trip
to New York and Washington, where he
had gone in the interest of the proposed ad
vance in the tariff on tin plate. He said he
did not believe that the Senate tariff bill
would come up at this session, as tbe lie
publicans will have a working majority at
the next session of Congress, and he thinks
the matter will be delayed until that time
and will then be passed.
New K. ol L. Headquarters.
D. A. f, K. or L., has secured commo
dious quarters at 101 Fifth avenue, and will
take possession on April 1. The district
must vacate the present quarters at 543
Wood street, as the bnilding is to be torn
down, and in its place the owners propose
to erect an eight-story granite building.
The report that the Knights are compelled
to move because they cannot pay the rent n
denied.
Will Slnrt on BIdndar.
Preparations have been completed for the
starting of the Allegheny Bessemer Com
pany's works at Duquesne on Monday
next. All the men needed have been en
gaged, most of them being experienced rail
makers who were thrown out of employ
ment during the strike at the Edgar Thom
son works.
SBibAir, tffiBRTJAftiSi,
IHE DILWORTH "STRIKE.
An
Important Ramor TKat Is Positively
Denied by the Firm.
The long strike, "or rather the lockout, of
the Amalgamated men at Dilworth, Porter
& Co.'s may be terminated before many
days, it is reported. An iron man who is
posted on affairs in this section is the author
ity for the statement that the firm sent eight
car loads of spikes to Indiana, which were
shipped back to them as not being up to the
standard.
This report was emphatically denied by
Mr. Dilworth, of the firm, who said there
was no truth in the report; that no spikes
had been shipped back, and that they had
no intention of yielding to the demands of
the Amalgamated Association. He de
nounced the man who started the report as
a falsifier.
The banie gentleman who gave the infor
mation also stated that Dilworth, Porter &
Co. had sent their wagons over to the
Wayne Iron Works for iron, but the Vigi
lance Committee of the Amalgamated As
sociation threatened to strike if they were
loaded. The result was no iron went to
this mill from the Wayne Iron Works.
31 r. Dilworth did not deny tbist report as
emphatically as the first one, but said the
firm tad no need of iron at present and did
not desire any newspaper notoriety.
MISSES GOT THEIR MEDALS.
The Examination at tbe School of Design
Concluded Yesterday and the Prizes
AwnrdcdTJy the Judges.
The examination at the School of Design
started yesterday morning at 10 o'clock, and
late in the afternoon the decisions of the
judges were given to the public.
In the oil painting department Miss
Liura Dumniett received the gold medal
lor a production of Japanese ware. The
silver medal was accorded to Miss Mary
Patterson for a picture of luncheon deli
cacies. MissDummett, the ypung lady who
took the gold medal this year, was awarded
the silver medal two years ago.
In the department of drawing from life
Miss Emma Patterson was awarded the first
prize for a drawing of an old lady's head.
In the water color department there was
a great deal of active competition. The
pretty color works of Miss Maud Marion
Palmer and Miss Boyd were considered to
be the best productioos,and they rivaled very
earnestly for supremacy. At last the judges
decided to accord the first prize to Miss
Palmer for a production of grapevine.
Miss M. Brokaw received the highest
recognition for the best set of designs exe
cuted in the class.
The work exhibited is all of a good high
average, much even better than it has ever
been before, and on that account the judges
found it a great deal harder to make the de
cision. Tlio best painting exhibited was
stated to be from the brush of Miss Minnie
Nickum, who obtained the gold medal last
year, and she therefore did not compete this
time.
In the department for drawing from life
Miss Emma Patton was awarded a gold
medal, and for a full length antique draw
ing Miss May Murray took the prize of a
bronze medal.
A BIG PREMIUM OFFERED
By a New York Banker for Allegheny City
4 Per Cent Water Bonds Councilman
Lore's Objection.
The Allegheny Finance Committee held
an important meeting last night, and the
proceedings were made interesting by Con
troller Brown snubbing a member of the
committee.
When the bids for $100,000
worth of 4 per cent water bonds
ordered by Councils were opened
Mr. Lare made an objection. The bids
were read and were as follows: Robinson
Bros., bankers of this city, 102 for $10,000
worth; Dollar Savings' Bank, 104J for
$100,000 worth; George Plummer, of West
Newton, 102 for $2,000 worth; Townsend,
Whalen & Co., of New York, 103"$ for
$100 000 worth; R. S. Smith, of the Union
National Bank, 105 15-100 for the full
amount; W. I. Quintard, a New York
broker, 107 5-100 for the full amount
The latter was the highest bidder, and a
motion was made and carried to award the
bonds to Mr. Quintard.
Several bids were received for the making
of license plates, but action on the matter
was postponed. The Controller was in
structed to notify all collectors of delinquent
taxes that duplicates must be settled on or
before April 1 or suit will be entered against
their bondsmen.
HE PAWNED THE WATCH.
A Tale of nn Empty Box, and the Grief of
an Old Man A Clever Trick.
For ways that are dark and tricks that are
vain, ask express agents, and they can tell
of them. A little tale came to light yester
day that is interesting.
A man, a gentleman possibly, went into
an express office some days ago with a small
box. He wrapped it carefully, sealed it
with the company seal and valued tbe pack
age at $50. A receipt for the value was
given according to the company's rules, and
the man left.
The directions were not any too plain,
and the box went to another town of a sim
ilar name. The seal had become broken
and the agent there resealed it After
wandering around the country the box
finally reached the owner, when the climax
came.
The package containedmothing, and there
was a howl. The express company was in
hot water, but through tne shrewdness of a
route agent the mystery was cleared up, and
the guilty person "confessed.
It seems the old man sent his gold watch
to the city to be repaired. When finished
he instructed his son-iu-law to forward it to
him. The latter was hard up, and pawned
it He sent the empty box as a ruse, and it
put the express people in a sorry predica
ment When hard pressed the young fel
low acknowledged all, produced the watch,
and the old fellow now basks in the golden
light reflected from the bright case. The
express agent heaved a sigh of relief when
he found he wouldn't have to whack up
the 550.
IN DANGER OP HIS LIFE.
John Lochner's Condition tbo Result
of a
Blow on the Head.
John Lochner, who was struck on the
head with a pair of weighing scales when
attacked by a party of drunken toughs last
Tuesday evening, is lying in a critical con
dition at his home, No. 391 Webster avenue.
Dr. Cnmmings says he has little chance for
recovery.
Paul Lochner, brother of the injured man,
made an information before Alderman Mc
Kenna last evening, charging Hugh Carr,
HughBatie, John Mitchell and Joseph
Duncan with assault and battery and riot.
In a City or Plenty.
Adelaide Smith and her baby were found
starving yesterday in a miserable hovel in
Pleasant Valley, near Sharpsbnrg. She
was cared for by kind neighbors.
Got the Wrong- Bottle.
A horse was paralyzed yesterday near the
No. 4 engine house. Cornelius Driscoll, a
fireman, gave the animal some medicine out
of the wrong bottle, when it died.
Special attention is called to the auction
sale, on the third page of this paper, of the
jewelry stock ot Clias. Zugsmith, Jr.
Splendid bargains.
1,000 new and' second-hand guns of all
kinds, to be sold at and below cost before
we remove. J. H. Johnston,
t Mil. omuuueiu street.
Go to "Hanch's for fine watches; lowest
prices. 295 Fifth ave. , vefsu
1689.
OLD SCHOOLFELLOWS.
Pittsburg's Sights Viewed by Many
Menabers of the R. P. I. Alumni.
A REUNION IS HELD IN THIS CITY.
Excursions by Rail to Leading Industrial
Establishments.
A LONG LIST OP HONORED TISIT0ES
Renown, wealth, and beauty are, judging
from the appearance of the graduates, three
of theaccomplishmentsobtainable atRensse
laer Polytechnic Institute, of Troy, N. Y.
Its alumni are now holding an annual win
ter reunion in this city.
There are about 125 gentlemen from all
parts of the Union in attendance.,. When
you ask the simple question, "Who
is that gentleman?" you are greeted
with the words, "Why, don't you know
him? He is, well, in almost every case,
heSs a man you have heard of before.
Wealth! every other man is a capitalist,
and the odd ones are only railway mag
nates. Beautyl the member of the party
who. carried his amateur phdtographic ap
paratus with him and pulled the string on
the slightest provocation, has groups of the
best looking men obtainable outside of an
asylum for the retired Adonis of the
museum circuit
From the not too fresh freshman, to the
graduate of a class of over a half a century
ago is quite a step, yet such are found
among the members present. The
former need not be mentioned, but
the latter are Mr. James Hall, State
Geologist of New York, and Mr. W. H.
Boyd, of Detroit. The former is 77 years of
age, and accompanied the excursion yester
day. He admired and criticised with as
much ardor as'tbe youngest member in the
party. Mr. Hall is a very pleasant, jovial
old gentleman.
A I.IVELY PARTY ES BOUTE.
The excursion planned for yesterday was
very successful. The party has its head
quarters at the Monongahela House. They
left yesterday early in the morning and
boarded a train at the West Penn depot for
Tarentum. The first stop was made at the
large plate glass works of Ford Bros., near
that little city. The process of making the
panes of glass, so much admired, was ob
served from the mixing of the ingredients
and the making of the pots, through the
various stages of meltintr. srindine and
.polishing, to cutting and packing the glass
preparatory to shipment. The process was
new to many, and was highly praised and
commented upon.
All aboard again, and the party was off
for West Penn Junction, where the train
was to return by way of the Allegheny
Valley Railroad. Lunch was served on the
train while in motion. It was inteuded that
the train only should move, but everybody
in it kept moving. It might be exciting to
attempt to help yourself to lobster salad
while your plate was doing a song and
dance, but it s not pleasant, not in the least,
or to suddenly shove a chicken croquette
into your neighbor's face, as if you were
feeding the animals in a bear pit. It is an
noying and hard on your nerves.
Short stops were made at the pumping
station of the Pittsburg water works, the
Keystone Bridge and Crescent Steel Works
and the Jfhcenw Kolls Works, at Fortv-
second street The party left the train at
Thirty-third street, and paid a visit to the
power house of the Citizens' Traction Com-
pany's
railway line. The steam cars were
abandoned here, and the merry party came
,.,-. p
downtown on tne caoie cars.
TiMClasttap.was made at ihe Westing
house ElecJrifi.Cdpipany'j building in Gar
rison alley. Mrti'Ifcr H. Bylesby assumed
the guardianship of the guests and led them
through the works. The visit was one of
the most interesting of the day. At one
point, however, it looked rather doubtful.
A few ot the party were lured into a little
room and the door was shut. The lights
were turned ont, and with the strange
sounds and odd lights which soon followed,
one commenced to think of his future state.
A young man with a reassuring voioe quiet
ed the uneasy ones and gave an interesting
electrical exhibition.
In a second room the new electric meter
and the latest device for lighting theater
stages were shown. The bald head seats
were surrendered and taken by different
groups until all had admired the beauty of
the two devices and tbe lecturer.
THEY ALL ENJOYED riTTSBURQ SCENES.
It is impossible to describe the various
departments visited, but it must suffice to say
that all were interesting and were enjoyed.
The guests reached their hotels about C
o'clock.
In the evening an informal reception was
givenat the Monongahela House. 'Many
were in attendance and a pleasant time was
spent. The excursion was carelullv ar
ranged and fully enjoyed. The committee
is A. B. Starr, A. P. Kirtland and George
S. Davison. The Lunch Committee, F. C.
Osborn and Gustave Kaufman. Reception
Committee, W. G. Wilkins, I. W. Frank
and H. M. Wilson.
To-day they will go up the Monongahela
via the Pemicky road at 850. 'Ihe first stop
will be made at McKee's and at Abel, Smith
& Co.'s Glass Works, thence to the mam
moth iron works of Jones & Laughlins, the
Homestead Steel Works, the Edgar Thom
son Steel Works, the National Tube Works
at Braddock, and returning stop at Oliver
& Roberts' wire mill. They will arrive at
the Monongahela Honse at Sp.m. A ban
quet will be spread in the evening for 125
persons.
THE OEADTJATES AND GUESTS.
Those present at the excursion yesterday
were:
Class of 1832, Mr. James Hall, New York;
William H. Boyd, Detroit
Class of 1854. J Martin Clinch, Boston.
Class of 18o6. Edward Yardley, Pittsburg.
Class of 1858. William Metcalf, Pittsburg:
Park Fisher, Trenton, N. J., and W. H.
Doughty, Troy. N. Y. '
Class ol 1850, H. A. Royce. Boston.
Class of 1860, W. H. Bearles. Cleveland. O.
Class of 1861, T. Gilford Smith, Buffalo'
Class of 1863, Irving A Stearns, Wilkesbarre,
Class of 1809. A B. Starr, Pittsburg; John
Sqnires, Trov, N. Y.
Class of 1S71, H. G. Moore, F. L. Garline
wood, Pittsburg; A. P. Kirtland, Pittsburg; E.
Nichols, New York.
Class of 1872, George Bnrnham, Jr.. Phila
delphia. Classof 1873, E. R Kay. Kansas City; James
Reed, Philadelphia; B. W. Peterson, Wheeling.
Class of 1874. Prof. W. P. Mason. R. P. ;
A. P. Guest Pittsburg.
Class of 1875. Prof. C. Ricketts, R. P. L
Class of 1878, L W. Frank. Pittsburg; E. C.
Carter, Chicago: M. 8. Verner, Pittsburg.
Class of 1877, A. O. Bostrnm, U. S. N.jHorace
G. Young, New York.
Class of 1878. George S. Davidson. Pittsburg;
E. C. Shanklin. Pittsburg; Harry B. Hodse,
Detroit; F. A. Yeager.
Class of 1879-C. B. Krause. Cleveland: W. T.
Wilkins, Pittsburg; Frank E. Piatt, Brooklyn;
E. W. Cramer, Chicago.
Class of 18tO-Prank Osborne, Pittsburg;
Frank Clirk. Pittsburg; Gnstave Kaufman,
W. B. Hammond, Boston; J. W Pearl, Canton,
O.; H. P. McCllntock, Pittsburg; Fred S.
Young, Troy; C. R. Manvllle.
uass ot isai-u. w. G. Ferris, Pittsburg; H.
Halstead. J. F. Williams.
T .Lrt. "mv."..."V'.'"" """"." ..
A TYnnrn h'1n.f4 1 V .
a. lx. iteu.uNW,iroT( n. i.
Class-of 18S4. H. M. Wilson. Pittsburg: W.
A. Aycrigg. Passaic, N. J.; M. G. Moore, Johns
town; F. Bpcerman, 8teubenville, O.
Class of MiSS, D. W.McNaugher, Allegheny
, C ot 1888. George S. Hubbell, Buffalo, N.
Y.; W. C. Holl Chicago; O. E. Winger, Free
port, 111.; S. K. Smith, Somerset Mich.; W. V.
Gallery, Pittsburg; A. a Kibbe, New York.
Class of 1887, W. F. Gronau, Pittsburg: P. W.
?eJ3Lryt Biffalo; Stewart Johnston, Pittsburg;
L Torkington, Kansas City. Mo.; Homer
Crosby, La Crosse, Wis.
Olajs of 1888. J. M. Lauler, George Roberts,
J. J. Keenan, PlttBbura
CI" of 18S9, G. s. Grosbeck, Troy, N. Y.: E.
a Jarret, Troy, N. Y.
Class of 1890. W n inat... ch.Mn tA tir
p. Card, Pittsburg; J. Montesfnos, City of Mex- I
ico. - -
Prof. H.B. Mason, B. P. L, President; JH.
""i "! i. i. .Deeper, jcittsourg; u.a.
Price, Pittsburg: Prof. D. F. Thompson; TWT.
L, Mr. J. H. Manning, Albany Argus, and
others.
44 Years of Steady Progress.
The Mutual Benefit Life Insurance Com
pany of Newark, N. J., presents to-day its
forty-fourth annual statement
It is, in every respect, gratifying, show
ing the same steady growth which has
marked the company s entire history.
The assets, at lowest valuation, now stand
at $42,896,067 69, which is $2,194,130 46 in
excess of all liabilities reckoned at the
highest legfM standard.
At the market value of its securities these
assets would reach in round numbers $44,
000,000, making the surplus on the same
conservative basis $3,362,523 21 and on the
former New York standard $5,734,253 21.
With agencies in all the States of the
Union except the extreme South, the out
standing agents balances and ccasn obliga
tions are less than $000.
During 1888 it has paid death claims and
endowments amounting to $3,038,948 18 and
dividends and cash surrender values of $1,
914,852 06 or total cash payments to policy
holders of $1,953,800 23, which is more than
07 per cent of the entire cash payments of
the year made by policy holders.
The dividends credited and paid are alone
more than 25 per cent the premium income.
Amount of new insurance written in 1888,
$18,911,241.
Total insurance in force, $153,493,623, in
57.954 policies.
Average valuejif each policy, $2,645.
With the Prudent conservatism which
characterizes its management in every di
rection, the company will not accept enor
mous nsks on individual lives. 'Notwith
standing its relatively large assets, $20,000
is me jiimt vj which unas nitnerto aanereu.
Of the above, $3,038,948 18 paid in death
claims and endowments, there was paid
through the Pittsburg agency in 1888, $159,
800. Total payments made through this
agency to date, $2,545,613 64.
In case of the non-pavment of a premium
when due, whether accidental or intentional,
the policy remains in force at its full
amount until all values of reserve and sur
plus have been exhausted at lowest term
rates. Lapsed policies, amounting to $500,
000, have been paid by the company in the
last ten years under tnis protective feature.
Information as to rates and plans may be
had at the city agency, rooms 304, 305, 306
Penn bnilding. F. T. Ltjsk,
State Agent
We Ha re Finished Stock Taking
And find we have a larger stock of imported
artistic wares than we desire, and in order
to close out onr entire stock before sending
our buyer to Europe will offer our entire
line of Worcester, Donlton and Crown
Derby wares, Vienna bronzes, French mar
ble clocks, French bronzes, lamps, pedestals,
etc., at a reduction of irom 20 to 40 per cent
This is not an ordinary clearance sale, hut
an extraordinary, as in many cases the prices
asked are less than cost of importation.
This is an opportunity seldom offered for
purchasing high-class goods at the prices of
the ordinary, and we hope the public will
appreciate it
W. W. Wattles, Importer,
30 and 32 Filth avenue.
Auction at the flab.
Everything must go at auction prices. We
must have room for spring goods, and we
will close out our entire stock of cloth'ng
for men and boys at auction prices. Here is
a chance for the people to get bargains in
suits, overcoats, pants, shirt3 and under
wear for men and bovs, as everything goes
at this sale; everybody come.
Boston- Clothing House,
439 Smithfield st. The Hub.
Tonr Opportunity Has Come.
We are determined to dispose of our win-
left " Do 'not mak'e" a uXs'e St"
yon see onr bargains in lad'ies'' markets
fackets. , ahttwl. J""":
n , ,.f,u,?... ".l.'T" ""?
.,.-...., vU..u..u a wmier uress ana
eretchen coats, plust bonnets, blanket, com
fortS, lambreaUlr.9. nillnw ,hin infanta'
cloaks, slips, i,hd cold weather underwear
for men, ladies and children. Busy Bee
Hive, cor. Sixth and Liberty.
B. JkB.
All done with stock taking. Come for
the bargains all over these stores, upstairs
and down.
Attend our black silk sale this week;
unheard of values at $1 per yard; all
weaves. Hugos & Hacke.
mwfsu
B. & B.
You never saw such kid glove bargain1!;
4-buttons and 7-hook opera and white, GOc
a pair, all sizes. Booos & Buhl,
Allegheny.
Cash paid for old gold
Hauch's, Np. 295 Fifth ave.
and
silver at
wfsu
At 18c a yard, CO pieces stripes and
checks; choice spring effects.
mwfsu Huous & Hacke.
A COUGH IS THE FIRST WHISPERING
of approaching disease.
Tickling throats develop into coughs.
., Coughs lead to the great enemy consumption.
A stitch in time often saves life itself.
KIDD'S
COUGH
SYRUP.
FOR
COUGHS, COLDS, SORE THROAT,
"TNFLUENZA and HOARSENESS.
IT 13
PLEASANT AND ABSOLUTELY
SAFE FOR CHILDREN.
PRICE,
25 '
CENTS.
FOR SALE BY ALL DRUGGISTS.
PREPARED BY
FLEMING BROS., PITTSBURG, PA
invF
Tableau Vivant, in our Corsets.
Lovely Fitting Kid Gloves,
"F5C -3Sc 5oc 75c and &1 '
f S- I
Toboggans,
iSc, 25c, 50c, 75c and $1 00.
T. T. T.
THOMPSON BROTHERS,
109 Federal Street,
&ii . -W'
Allegheny. , .r
xrfel.srw-JV.
'
." 5 " .
NEWjCBYERTISKIIENTS.
1
4
.-
:ytc
-.
&
" w.,
JDS. HDRNE & EDB
PENN AVENUE STORES.
-In Dur Elnok Rnoni
We oiler this week some great and special
bargains In Ladies' Suits and Costumes at
prices from 10 to $150, our entire stock, in
eluding some beautiful imported Paris Din
ner Dresses and Ball costumes. Broadcloth
and Henrietta Cloth Street Suits, in tha
most fashionable colorings, and a large
assortment of Black Butts, in Cashmere,
Cloth, Surah Silk. Gros Grain Silk, Black
Lace and Black Net. The prices on each
costume are below cost to sell the antixa
collection at once.
LN OUR
BLACK SILK DEPARTMENT,
As already announced, we have special lots
in Suraha, Gros Grains, Faille Francaisa,
Armures, Satin de Lyon and Pean de Soies,
Brocade and Striped Satins, Moire and
Moire Antiques at prices lower for the
"best goods" than any ever quoted, and tha
largest assortment to choose from, at 50c fe?
St 50 per yard.
One special lot of "New" India SiBa at
60s a yard, in choice colorings, Canton
Cloths.
6UR
STOCK-TAKING
SALE
Of Fine Imported Dress Trimmings will bo
the event of the week, and these will be
found on large table in center of the store.
THE
CURTAIN ROOM
Continues Its great "mark down" offerings!
in Lace and Heavy Curtains and Portieres
this week.
Decided bargains in French Broadcloths.
THE
CLOAK DEPARTMENT -
has the best values offered in Long Cloth
Garments popular prices $5, 10, $15 aa4
$20, being half-price and less on Fine
Winter Wraps.
COME THIS WEEK.
COME THIS WEEK.
JDS. HDRNE t CD;!S;
PENN AVENUE STORES.-
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