Pittsburg dispatch. (Pittsburg [Pa.]) 1880-1923, March 07, 1889, Page 5, Image 5
imam ttjmrJrY wm: W 'VTlrT TaSSBKEjSi'ti pga" W 2t9m rHSWiePv1" ' - ?sw? ( ' IjJt ? sK ' "T c & SHV CEHE PITTSBURG- iDISPATCHTBHJRSDAY, .MAEGEC 7,1889. :x- ' SOT ALL THEY SEEM. ." Some Styles of Building and loan Associations Exposed. AX EXAMINER FINDS THE FLAWS. Terr Poor Chance for the Many Members Who Must Borrow; THE LOCAL LIST IN A SIXGLE LINE Building and loan associationshave been both a blessing and a curse, the former when honestly conducted and on business principles, and the latter 'when they were mismanaged or designedly traps for the un initiated. Premium associations bare some times bled people to the extent of 40 to 50 percent of a loan extended. The mutual companies, as a rule, have the best record, and all that propose to give you something for nothing are no more to be trusted than is a dealer ill "green goods." For a long time there was trouble to get rid of money after lour or five years of the life of an organization, and non-borrowers being forced to borrow their own money left the declining years of the bodv quite feeble. Mr. George Booth tells of one of these mutuals that declared 10 per cent semi-annual dividends in its youth, but which dwindled to nothing in its age. Now, however, this is largely avoided by starting a new series from time to time. The mother hives swarm and new blood is thus brought in and this may be continued indefinitely until the country gets so rich that no one will wish to borrow. You can get opinions on both sides. Some are very adverse, ana yei cuius greater uuu Babylon have been built by the building associations. Thomas H. Davis, Esq., who has been solicitor for several, has a rather POOR OPINION OF THEM, and says it is the result of his experience of them, while K. Q. Bieham, Esq., finds that over 90 per cent of all the development of Mt. "Washington for near two decades has been assisted by these organizations. Those on the Mount are mutual, and while they do not pay very largely, they give about double the return of a savings bank, and so lar have not met with any losses of conse quence. The third series of the Prospect is now a Tear or two old, and in all its time it has ouly been forced to make three sheriff's sales, and two of these were only for the purpose of making title. "The only actual foreclosure was in the case of a Braddock borrower, and during the time this association has been running its operations exceed hilf a million of dol lars, so you see it's possible to run them not only safely but profitably," said Mr. Big bam, "but there isn't much in the working of a successful one for the lawyer, as he must examine titles, etc, at about half price, -and the fat which comes out of fail ures is missing, but a man must submit to be used somewhat if he wants to go through the world comfortably, and beside the solic itorship is of benefit to a lawyer in other ways than for what it yields him." The prospect is regarded as a savines bank by some investors, while the majority go into it with intent to get loans. Borrowers pay 6J per cent interest, and pay it weekly, which makes It higher yet, but they share in the profits and others get a rebate. Non borrowers get 6 per cent compound interest. There is no speculation in this, and the rate is maintained by starting a fresh series from time to time. THE PEOFIT EEFUKDEES. But while this is strictly business, W. J. Brennan, Esq., tells of one on the South side which gives back all the profits except for the quarter previous to withdrawal and the entrance fee of 3 or $10, or whatever that may be. "While this may pay those who hold on, Mr. Brennan thinks the man who commutes the amounts dne each retiring stockholder will nave anything else than a snap. Now all these mutual building and loan associations are of immense use to the poor when properly managed, but some schemes which seem to grow out of them are regard ed by a legal gentleman who has examined them as not only ultra tires, but schemes to make a vast profit off the masses bv a few, and it is said a man is operating in this part of the country with a copyrighted scheme, which he sells. As to the working of a somewhat similar plan in Philadelphia, it is said: The Idea is that a borrower shall reduce his Indebtedness by monthly payments ot both principal and imerest until the entire amount shall be paid on; generally in 10 or U years. If desired, however, the debt can be paid off at any time. Six per cent interest is charged. x- w lu&iaiiue, a man uorrows iiw on a mort gage on his house. At the end of the first month he pays an installment of $10 on the prin cipal and pars fB in interest The principal is thus reduced to $1,190, and the next interest charge it only S3 95. By continuing this process the principal at the end of the first year is re duced to $1,090 and the monthly interest to 55 50. The close ot the second year finds the debt only 970 and the interest Ji 90, and so it goes on until the one Hundred and twentieth payment wipes the mortgage off altogether. ONE POPULAR FLAS. Some people hereabouts who are thinking of forming an association have taken the precaution to get a legal opinion on the Homestead Loan and Trust plan, and here is the gist of the history and opinion: First These companies are. incorporated as real estate companies under the act of 1S74. Second In their organization they form three classes of shareholders. A, B and C. A is com posed of shareholders who need not hold capi tal stock, class B of stockholders and class O those who contract to pay in money either in lump or periodically, on condition to withdraw it at a certain time and receive interest or tranf er to class A at the option of the party, the time of -withdrawal eaid to be usually fixed at one year. Third Subscriptions are called in at the rate of 6 per cent a month from class B, conse quently 20 months are required to pay up. The companies also derive a revenue from con tracts made with the shareholders of the other classes, usually received in small monthly payments. These compose their resources, and so much as Has Deen received from class O must be returned at the time limited. Capital is usually limited to 15,000, that usually being subscribed to classes A and C. They buy prop erty and sell it to the shareholders ot class A on small monthly payments at a certain crice, with interest at 4 per cent, reqniring 16 vears to pay it out, ana they compel the stockholders in that class to take, whether they want it or not, and the shareholders of class B, who are the only ones who make the profits, will, at the end of a year, have closed out all the real estate (every member of class A getting a house in that time) and receive a dividend of 15 to 25 per cent per annum. The officers are salaried the first year and thereafter there is but little to do, except receive deferred payments of sales, from class A. The examiner states that he finds from certain blank forms of contract for real estate with shareholders of class A, that the contract nominally is called a lease, but is in fact a contract or agreement to convey, on full payment of the purchase price, and that no deed or mortgage is made nntil the property is fully paid for. These companies also make loans to pay off mortgages, build houses, eta, to their members, presumably of class A. HEBE 13 THE OPINION: From this review the examiner finds that these corporations are all doing business outside of their chartered powers, in that they are making an issue of stock greatw than authorized by law. The common stockholders are in Class B and Class C must be treated as preferred stock holders, and there is a question as to whether the members in Class A are not common stock holders or general partners with the other two classes, add, consequently, all liable individ ually, the whole plan of organization being anomalous and attended by the risk of indi vidual liability. Second The arrangement with Class O might be construed to be a banking business and outside the powers of the companies. Third The lending of money on mortgages or otherwise is also outside of their powers. Fourth The plan of operation is not pur suant to any system provided by law such as in the case of building and loan associations and must be liable to controversies to be determined by several rules of law as applied to particular facts in the case and as facts are liable to varia tion, in carrying out the plan proposed by these companies it would be productive of liti gation and the result could not be forecast. Fifth In a business point of view-the plan is ppjectionaole for various reasons. The capital Is too small and munt-entall top long a wait on those who want homes, and when all paid up, can furnish only a limited number with them. Sixth The purchase of property will tax all the resources of the companies, and ir class C is drawn upon, it cannot be paid back as con tractedsay in one year. Seventh In this section an ordinary house would cost 52,500, and not only would the re sources of the company soon be exhausted, but the member in class A getting snch home would be overburdened, and after paying half ,a life time-would have paid 66J per cent more than its original cost The length of time, X5yx years, is too long, building and loan associations finding 100 months too long. THE ONLY ALTERNATIVE. "The plan," says the examiner, "can be carried out only by the company giving its mortgage in part payment of the property it buys to sell again to class -A, for the reason that it cannot have the capital to pay for it, and when it agrees to sell to its mem bers and put them into possession the mortgage for a larger amount than what the member is to pay is a lien on the land, and the company collects the member's pay ments and may never pay the liens, and he may consequently lose the property. This is the weakest feature in its' financial Dolicy, and cquld be readily obviated. The forcing of a member of Class A to take property he may not want is unjust. Money cannot be loaned for more than two or three years after Organization, as the payment for real estate .will absorb it. The common stockholders, class B, make all the money by the rise of a minimum of their own investment and a max imum of that of class C, and of the buyers, Class A, and .on account of the long time given Class A, sell at a large advance and use the credit of the land they sell to carry their indebtedness until Class A has paid" sufficient to relieve them. "The scheme is not a commendable one. It is treacherous and liable to ruin the poor, who are captivated by its specious promises. The least that can be said of the contract the company makes with Class A is that it is ruinous. The scheme is cunningly de vised, to suck all the blood of poor A after using him as a tool without his knowledge, and it he fails after having made his pay ments for years, then to seize his home, giving him nothing back, and then to make a further profit. In closing I emphatical! disapprove of these companies and regret that they should have found a foothold in this community. NOT ENAMORED OP IT. It will be seen that this legal adviser is not enamored of the project in any sense, and he calls attention to some of the provi sions of the Penn Homestead and Loan As sociation of Allegheny City, as appended, stripped of its legal verbiage: But in case the said John Doe shall fail to kVep the property in good repair, or fall to make the payments aforesaid, or any of them within four months after the same or any part thereof become dne, punctually and upon the strict terms and time and times above, limited, or fail to keep the property insured, or suffer taxes to become delinquent, or fall to perform and complete any and all of tils agree ments and stipulations aforesaid, strictly and literally, the time and times of all payments herein provided for being strictly the essence of this contract, then the company shall have the right to declare it null and void, and there upon all right, etc, in the premises herebv created or then existing in favor of the said John Doe, his heirs, eta, or in any manner de rived under this contract shall utterly cease, and the party of the first part may immediately enter on the premises and take complete pos session of it and all improvements, without any declaration of f orfeiture,or act of re-entry, or withont any other act by said party of the first part to be done or per formed, and without any right of the said John Doe, etc, for reclamation or com pensation for moneys paid or advance pay ments made or improvements (all payments and improvements and advance payments made to be taken and regarded and applied only as for payment of rent for the time the E remises should have been rightfully occupied y the said John Doe, eta, to the date when such default was made), and the party of the first part shall be held to be the owner of said prem ises as absolutely as though this contract had never been made, eta In conclusion it is stated in the compact, that it is the intention of all parties inter ested to avoid a foreclosure of the contract. THE LOCAL LIST. Organizations of this kind chartered, as shown by the books in the County Re corder's office, are: Allegheny County Loan and Trust Company, East End Loan and Trust Company, Penn Homestead Loan and Trust Company, Lawrenceville. "Home stead Loan and Trust Company, Enterprise Loan and Trust Company, Southside Home stead Loan and Trust Company, Braddock Homestead Loan and Trust Company, and Manchester Homestead Loan and Trust Company. They are also organized in Beaver Falls, New Castle and Meadville, and doubtless in most towns of anv size. - The capital stock seems to be generally $15,000. It is not to be expected that the companies will plead guilty to the indictment pre ferred against them, but some people look upon the fact that there is a general desire to go into associations calculated to relieve the plethora of capital as pregnant with great danger in the future if people allow themselves to be carried away by specious plans they cannot understand. Some peo ple liken man v enterprises projected at pres ent to those life insurance companies that promise something for nothing, such as pay ing a man a policy of $1,000 in ten years on payment of a sum ot money that cannot pos siblv be used so as to produce that amount in the time stipulated. They hold that the mutual bnilding and loan association which only promises small but certain results as the best under all circumstances. The cap ital invested in these is enormous. K0T TOO OLD TO L0YE. Paupers, Aged 79 and 83, Run Awav From the Poorhouse to Get Married. St. Pa-UL, March a Patrick Mulligan, aged 79, and Hannah Call, aged 83, inmates of the Ramsey County Poorhouse, eloped yesterday and came to St. PauL intending to get married. "When their flight was known at the poorhouse the police in St. Paul were notified, and Officer Palmer arrested the aged couple as they stepped from the suburban train on the Du luth road. They were kept at the Margaret street station over night, and will probably be given their liberty and allowed to go ahead -with the wedding, Mulligan having declared his intention and ability to make a good living for himself and bride by following the shoe maker's trade, which he learned when a boy. He has been an inmate of the poorhouse for two months, but has been paving for his keep ing and has a little money left to start house keeping with. Miss Call has been at the poor house for more than two years. She has worked in the kitchen,and was peeling potatoes when Mulligan first saw her and became enam ored. Neither of the two has any near rela tlvcs living. Impure Blood Is the cause of Boils, Carbuncles, Pimples, Eczema, and cutaneous erup tions of all kinds. There can be no per--oanent cure for these complaints until the poison is eliminated from the sys tem. To do this thoroughly, the safest and most effective medicine is Ayer's Sarsaparilla. Give it a trial. "For the past twenty-five years I have sold Ayer's Sarsaparilla. In my opinion, the best remedial agencies for the cure of all diseases arising from im purities of the blood are contained in this medicine." G. C. Brock, Drug, gist, Lowell, Mass. "My wife was for a long time a suf ferer from tumors on the neck. Noth ing did her any good nntil she tried Ayer's Sarsaparilla, two bottles of which made a complete cure." W. S. Martin, Burning Springs, W. Va. "We have sold Ayer's Sarsaparilla here for over thirty years and always recommend it when asked to name the best blood-purifier." W. T. McLean, Druggist, Augusta, Ohio. Ayer's Sarsaparilla, PRXPARED BT Dr. J. C. Ayer & Co., Lowell, Mast. Priet $1; six bottles, IS. "Worth f 5 a bottle. p ATE3STTS. O. D. LEVIS. Solicitor of Patann 131 Fifth avenue, above Hmtthfleld, next Leader office. (No delay.) Established 20 yean. seS-hltf BLAISE'S CtfANOE. His FlrM Business is to Rescue a Child Kidnaped and Taken to En gland Appealed to by a Widowed Mother. Kansas Citt, March 6. Kansas City has furnished Secretary Blaine with proba bly his first official business with a foreign country. The facts of an interesting occur rence which led to a telegram being sent from here by the .Humane Society to the State Department, this afternoon, are as follows: A few days ago Mrs. Daisy Spellman, a young widow, made complaint to the Hn mane Society that George Henney and wife, had left the city, taking with them her 1&-months-old daughter Lucy. She thought that their destination was Manchester, En gland. Five months ago "Mrs. Spellman had arranged' with the Henney family to board and take care of her baby. The theo ry is that Mr. and Mrs. Henney became so attached to the child that when Mrs. Spell man notified them a few days ago that she would take charge of it herself, that they took it awav with them secretly, being un willing to p'art with it. The Henney fami lv is highly respected. This afternoon Sec retary Huckett, of the Humane Society.sent the following telegram to Secretary Blaine: To the Hon. James O. Blaine, Secretary or State, "Washington, I). C ; George Henney and wife, British subjects, left Kansas City last Wednesday via Washing ton for New York. Their destination is Man chester, England. They took with them Lucy Spellman. aged 18 months, child of American parents, which they are carrying out of the country secretly, unlawfully and against the wish of the widowed mother. Please refer to British Minister at once that .he may cause register of outgoing steamers examined and prompt action taken. Signed,! w. O. Huckett, Secretary Humane Society. New .White Embroidered Lawn Ties 20 Cent. A bargain only 50 dozens of them, at niching counter. JOS. HOBNE & CO.'S Penn Avenue Stores. B. t B. New and elegant 500 pieces India silks, 45c to $2; the bargains in 27 inch goods at 65c and 75c, and the handsome new styles are commanding more than usual attention. Boggs & Buhl. French Clmltiea 135 Separate Patterns. Very newest, light and dark grounds, 35 and 50 cents a yard. . Jos. Horne & CO.'S Penn Avenue Stores. B. fc B. , Call and see the most important and largest offering of imported dress goods and suitings the ladies of these two cities have ever seen. "We know this is a bold claim. Yon will indorse it when yon see the dress goods. Boggs & Buhl. A Bargain 24-Inch Black Faille Silks, $1 00 a Yard. Decidedly the best value in black silk ever offered at this price. JOS. HOKNE & CO.'S v m Penn Avenue Stores. Marriage Licenses Granted Yenerdar, Kunt. iteildence. (Joseph Paul Allegheny J Eva Enty Httsburg 5 John C. Black Pittsburg .Mary C. McElSsh Pittsburg Samuel R. Cunningham Leet townslilo Annie May Erwln feewickley JMcholas Ullrich Pittsburg ( Lizzie Schuchman Pittsburg I Gottlieb Wenzelburger Allegheny Christine Knecnt Allegheny Albert Hosek Plum Creek (Josephine Krozt Plum Creek i Philip Levlne 1'ltuburg I barah Adelm&nn Pittsburg J Thomas Robert Enscpe. Banksvllle ( Annie Jamima Bridge Banksvllle i V 4 t MAEBJED. BUCHANAN-B AEKER On Tuesday even ing, March 5.18S9, at Calvary Episcopal Church, East End, by the Rev. George N. Hodges, Katheeine Hatlman, second daughter of the late George Barker.to Harris Buchanan. ZEIGLER-VINES At the residence of the bnde's mother, Lewistown, Pa., by Rev. J. MaxLantz, E. E-Zeiolke, of Sharpsburg, Pa., to Mart Yeses, of Lewistown. Pa. DIED. BAIRD Tuesday, March 5, John Baibd, aged 72 years. Funeral from his late residence, "Washington, Pa,, Thursday at 2 p. m. CALLAGHAN On "Wednesday, March 6, 8S9, at 10:30 P. M.. JOHN P. CALLAGHAN, In the 42 d year of his age, at the residence of his brother-in-law, James P. Quinn, 101 Clark street, Pittsburg, Pa. Notice of funeral hereafter. CAMPBELL Suddenly, March 6, 18S9, Mai. HenrtS. Campbell. Funeral services at his late residence. Edge wood, Pennsylvania railroad, Friday, March 8, at 1 o'clock, F. M. Train leaves Union sta tion at 12-.30 p. ii. Interment private. ELLIS On Wednesday, March 6, 1SS9. at 6.15 A. it., Bridget, wife of James Ellis, aged 63 years. Funeral from the residence of her husband, 4417 Penn avenue, bn Friday, March 8, at 8.30 A. M. Friends of the family are respectfully Invited to attend. McKEE On Wednesday morning, March 6, at 420 o'clock, Mr. Hugh McKke, late of Camden, N. Y., in the S9th year of his age. Funeral services will be held at the residence of Rev. Nevln Woodside, 25 Granville street? on Thursday evening, at o'clock. Friends of the deceased are respectfully Invited to at tend. Interment private on Friday morning at 10 o'clock. 2 MCLAUGHLIN At her late residence, 53 Federal street, Pittsburg, on Wednesday, March 6, 1SS9, at 2 P. M., Mrs. Alice, relict of Philip McLanghlin, in the 6Sth year of her age. Notice of funeral hereafter. 8EGELR00K On Wednesday, March C, 1SS9, at the residence of her parents, Eliza beth, danehter of Rose and John Segelrook, aged 5 months 12 days. Funeral will take place from her parents' residence, Lincoln avenne, Millvale borough, to-day. at 3 P. K. Friends ot the family are respectfully invited to attend. JAMES ARCHIBALD & BRO.. LIVERY AND SALE STABLES, 117, 119 and 136 Third avenue, two doors below Smithfleld St., next door to Central Hotel. Carriages for funerals,$3. Carriages for operas, parties, ic, at the lowest rates. All new car riages. Telephone communication. my3-dG0-TT3 John L. Trexler. Paul Bauer. BAUER fc TREXLER, Undertakers and Embalmers, Livery and Sale Stable. NO. 378 and SS0 Beaver ave. Branch office, 679 Preble ave., Allegheny City. Telephone SU6. au3-t62-icrhsu TJEPRESENTED IN PITTSBURG IN lSd ASSETS . t9JD7L69683. Insurance Co. of North America. Losses adjusted and paid by WILLIAM L JONES, U Fourth avenue. ia20-s2-r WESTERN INSURANCE CO. OF PITTSBURG. Assets $418,50187 NO. 411 WOOD STREET. ALEXANDER NIM1CK, President. JOHN B. JACKSON. Vice President f e22-20-TTS WM. P. HERBERT, Secretary. Tl T ANUFAOTURERS AND MERCHANTS' IVI INS. CO., 417 Wood Street, Pittsburg, Pa. Capital S250.000 00 Assets January 1, 1889 363,745 80 Directors Chas. W. Batchelor, President; John W. Chalfant, Vice President; A. E. W. Painter, Robt. Lea, M. W. Watson, John Wil son, Joseph Walton, Wm. GfPark, A.M.Byers, Jas. J. Donnell, Geo. E. Fainter, John Thomp son. Wm. 1. Adair, Secretary; Jas. Little, As sistant Secretary; August Ammon, General Agent Ja2246-TTS FRED SHIEDEL, STAINED AND OMENTAL "GLASS, For Church and Residences. Estimates and Special Designs promptly. NO. 7 MARKET STREET. fel6-89-TTSSu Pittsburg, Pa. NEW ADVERTISEMENTS. Hew Carpets, .. Hew Furniture, Hew Curtains. The many months of preparation for this event, in disposing of old stock, and in a thorough canvassing by experienced and skilled buyers, seeking after 'the latest and best productions of cabinet shop, loom and designer, have culminated in the display to rhich we inVite you, as an interesting exposition of cor rect and tasteful housefurnishing, at' a moderate range of prices. SP OUR NEW FURNITURE Is representative of the latest de signs,, reputable workmanship, and the best value we could get as "cash purchasers. Our assortment never was so complete and varied in CHAMBER -FURNITURE, PARLOR FURNITURE, LIBRA RY FURNITURE, HALL FUR NITURE, DINING ROOM FUR NITURE. IN CURTAINS, The new colorings of Brocatelle, Chenille, Turcoman and. Silk, were selected to harmonize with the latest colorings of Carpets and Furniture Coverings. In Laces' the department has received large ad ditions in Nottinghams, Muslin Renaissance, Colbert, Irish Point, Egyptian, Brussels Point and other weaves. 0. McCLINTOCK &, CO.; 33 FIFTH AVENUE. mh7-TTS GREAT BARGAINS IN Infants Long and Short Skirts, Slips and Dresses. AVe are closing out this line of goods and have marked the entire line away down. We hare run off a good portion, but still hare a good assortment. Special attention is called to the Infants First Short Dresses, Ranging as low down as 65c and up to $5 apiece, in many cases the figures placed on the gods being less than half the original prices. Embroidered Flannel Skirts from $1 SO to $2 50. Embroidered Shawls very cheap. Embroidered and Plain Flannel Skirts. Plain Flannel Bands. A few Long Cloaks, a few Short Cloaks, a few Fine Long Robes, marked very low. A full line of Small Children's and Masses' Muslin Drawers, Skirts and Night Gowns, perfectly made and correct shapes. Bargains in Bustles Several odd lots closing out at 10 and 25c each, less than half original prices. In LADIES' SEERSUCKER SKIRTS We have a large new lot of our own make, to which we invite the inspection of the ladies. Pronounced by all who have used them as the best Seersucker Skirt ever sold. HORNE & WARD; 41 'FIFTH A VENUE mhG-D IT'S WHAT -THE- PEOPLE THINK. Push and good Clothing will make- their way: the peo ple like both. We have the best Clothing in the city, and the bright store, and the fairest ways of serving you, and we're rej solved that everybody shall know about us. Bear in mind, we make Clothing to order, and have almost 1,000 patterns of materials to show you: besides, ready-made. Trousers at "$5, $6 50 and $8 they are worth a good deal more money. The tailor ing shall be of an excellence to merit our name on it. -- Wanamaker ' & Brown, Sixth street and Penn avenue. mfrmrrr! HI I 1 HT I 11 il .MgffilL ,wy ffihS-r NEW ADVERTISEMENTS. IN FULL BLOOM. Our Violet Opening, To-Day, "Every spring mother nature throws open her art treasures to all her children. The doors are open wide; no one guards the portal; all may enter. Birds come from the sunny south; the Tsobolinks, the robins and song sparrows. They have a tryst to keep with the vio lets." Violets that lift their dainty heads in uncertainty from their pillows of snow to give spring its first wel come. We were uncertain whether to-day would be fair and pleasant to greet OUR VIOLET OPENING, or whether winter snows .would discourage us. Yet like the violet we braved the "uncertainty of March weather and throw open wide our doors in wel come, with the season's first greet ings, to all our friends and custom ers who. wish to enter. We have prepared a grand dis play of spring novelties: Latest styles in Millinery and Ribbons. New designs in Hosiery and Un derwear. New Spring Laces and Embroi deries. Dress Trimmings, Ornaments and Buttons. New Gloves and Handkerchiefs. New Cloaks, Wraps xind Jerseys. Complete Outfits for Infants. Everything new. Latest designs and colorings. In compliment to the flower whose name our opening bears, we shall present each lady pur chaser with a small bunch of artlUoial violets as a souvenir of the occasion. Fleishman &Co.'s NEW DEPARTMENT STORES, 504,506 and 508 Market si, PITTSBURG, PA. jt3Send for our illustrated Catalogue and Price List of foreign and domestic Corsets. Mailed free to any address. mh7-r RAYMOND'S VACATION EXCURSIONS. All Traveling Expenses Included. t A Party will leave Philadelphia, Thursday, May 2, for a Tour of 58 Days through COLORADO AND CALIFORNIA, With visits to all the leading cities, resorts and places of picturesque interest, and a re turn through Utah and over the Denver it Rio Grande Railway the Great "Scenic Route." On the same date Thursday, May 2 a party will leave Philadelphia for a Tour of 72 Days over the same routes through COLORADO AND CALIFORNIA, Thence through the Picturesque Regions ot the PACIFIC NORTHWEST, And homeward over the entire length of the Northern Pacific Railroad, with a week in the Yellowtlona Nailonal Park. Both these parties will travel in Special Trains of Magnificent Vsstibuled Pullman PalacoCari, with Pullman Palace Dining Cars Included. Incidental trips to the Yoiamite Valley and Big Tree Groves. Last California Excursions in Winter Series, March 7 and 11. 49Send for descriptive circulars, designat ing the particular trip desired. RAYMOND & WHITCOMB, III South Ninih Street, under Continsnial Ho tel, Philadelphia. mh5-S4-rrs WM, SMPU'S, SPRING ATTRACTIONS-EXTRAORDINARY! Urilf flDCCC PnnnC - lllIB UI.JJ JJJW are ueinx auueu irom uaj 10 nay irom 00m American ana European 100ms. jjrop in anu see ma aauy arriYau. v e anoie a icto specialties: 46-inch All-wool French Cashmeres, all new spring colorings, at SOc. 48-inch extra fine finish colored Cashmeres, almost every color and shade, at 660 and 75c Very. superior quality at 90c. Silk Stripes and Plaids, for combinations, SOc, can ftlwi find spler.tpil lots noTir xrinter fltnp.k were 37Jo to 45c, and at 31c, worth 50c; 62-inch Tricots at SOc, down from 75c, and Imported Fancy Plaids and Stripes at 30c, worth 85c and i; light weight Broadcloths at 90c,'f tiu.a l Ot A let a ..antrima Viavrpn ina fn eta .il a nnd tannt? nraivaa TOf aV- iTlrtnTa annti act rii.hma.aa A IT-iimril anrl Qtl r- W a vn M anv.atta a Tl.an A' A Tm.. A tu.t.w.. nmA o" m a 1 nU.tVO- Mf. rfaU OUU.Uw UltA..-3 HIKlt. Hair Serges, etc. lif 1 CU PnnnC"-"1"'s Ptmentis replete with new American Dress Ginghams,Etoile du Nord, Scotch Zephyr Ginghams, best in the world,20c, 25c, and 40c. New. IIHUM UUUUU American styles, 5c, 0c, 8c, 10c and 12c up. runnninmiPO New. Homburzs in sreat variety, irom 2e a -yard up ClnDnUlUCnllZO Skirting Oil V nCDI.DTMirNT--0nrspecial"nes OILIt Ullr flll I III CU I liril'P ninillftlllUPf 111 C II d r U 11 II Id N I H UO i.vtfTo and IT.If TTa.. nf a..aw l.fm1 rJar vuiu ftuu uuut Muoe V. tfJ uuu a.1.n ajfl.UJ. .ibMnimi UVH VMvll. 14U. A.wwo Clearing out at very low prices, all our Winter Clolh Jackets. Baelans arid Children, White and Colored Blankets and Hosiery. Send for sarrfples. Orders will have our very best attention. vxtjiljXlm: 165, KEVT ADVERTISEMENTS- B. & B. THIS WEEK 100 pieces nearly 5,000 yards. BO-inch CLOTH TElCOTS'atSO cents dollarqual ity at B0 cents a yard fine goods and choice mixtures. IflDIA SILKS. 27:inch wide at 65 and 75 cents. New and elegant stvles. Empire" and Directoire Styles in India Silks, 45c to SI 50. Cashmere Printings in Indias, 75c, $1 25 and $1 50. PARIS ROBES OB COSTUME PAT TERNS, the most elegant and exclusive styles over 00 to select from and no two alike prices 510 to $30 each. This impor tation of Paris .Robes is entirely new and distinctive, and a radical departure in style. Rich floral and Arabesque designs, Persian Cashmere effects, and Solid Silk Side Bor ders, etc., and the most important to you is the marvelously low prices lor such elegant rich goods. Imported Side Band Suitings, 50c, 65c, 75c, 51, 1 25. Several cases Imported Stripes and Plaids, all-wool goods, at 50c, 75c and $1 per yard, that are the handsomest and most effective combinations and the greatest bargains we have ever shown. All our own direct im portations. ALL-WOOL CASHMERES, 36-inch, at 35e; 40-inch, at 40c; 40-inch, at C3c, 75c, 90e, 51, ?1 25. 40-inch Silk "Warp Cashmeres at $125; 40-inch Ex. Ex. Pine Silk "Warp Cashmeres at 51; finer and better than any ever sold at such a low price. Black and White Wool Dress Goods or Suitings, 40c and 51 50 per vard, and over 100 designs. The most stylish, black and white stripes or plaids, or the very neat and superb quality, all are on sale here and at prices that will pay you to consult. Black and White Striped Armure Boy ales, Surahs, also the most superb and effec tive combinations in colors of the above, at 75c, 90c, 51 and 51 25. NEW LACE CURTAINS. Nottinghams at 75c, 85c, $1. $1 25 $1 CO to 55 a pair; extra length, width and qual ity at prices. Lace Curtains, Real Brus sels effects, at 59 a pair down. Swiss la boured Curtains at 55, 50, 57 50, 58, 510 to 525 a pair; Real Brnssels, 515 up. Irish Pointe Renaissance Curtains, Portieres and Heavy Curtains; two special numbers at 56 and 57 50 a pair, in all the colors and shades, Old Gold, Old Red, Blue, Crim son, Olive, Mahogany, Terra Cotta, 56 and 57 50 compare them with 58 and 510 Cur tains, Drapery Silks, Persian Drapery, Plain Scrims, 1'igured Scrims.Madras, Cream and Colored, 25c to 85c per yard. Plain and Figured'Chenilles for Curtains, 51 to 52 50 per yard. Titian Yelores, 50 inches wide, in all the rich dark ana neutral colors, double faced, no lining required. Satin Derby Brocade effects, 50 inches wide, all the new shades 52 50 per yard. Silk Broca telles, Mohair Plushes, Crushed Plushes, Silk Plushes', Barneys, Raw Silks, all these in onr large Upholstery Department, Fringes, Gimps, Cords, Tassels, Poles Rings and all the necessary fixtures for interior decorations and no fa'nev prices. CLOAKS, WBAPS' AND SUITS Spring stvles now ready. Newmarkets, Baglans, Peasant and Connemara, in Cork screws, Stripes and Plaids, 55 to 525; New Jackets, 55 to 520; Plain Jackets, Vest Front Jackets, Directoire and Empire styles. More styles of Jackets than you'll see in any two stores. Wraps, Shoulder Capes, Embroidered Cashmere Fichus. Bead Shoulder Wraps at 54. Solid Bead Passementerie Shoulder Wraps 56 50 and 57 50, usually 58 50 and 510. Suits at 510 to 535; Braided Cloth Suits .at 510, 512 50, 515 and 520. Misses' Garments Gretchens, Long Gar ments and Jackets, newest and best quality; best made and lowest prices for these. oggs&Buhl, 115. 117. 119. '21 Federal Street, Allegheny. N.B. Challies Special department, ex clusively for Challies. Over 500 pieces of the choicest on sale, 6c, 8c, 18c, 37$e, 50c, Scotch Zephyrs and French Satines an of fering in extent and elegant variety and low prices unsurpassed and seldom it ever equaled never before half its equal here as now in these several French Wash Goods Departments that occupy center of a per fectly lighted Dress Goods Boom. mh5-TTS MARCH rear.8 PrePare to the largest lines "Warp Cashmeres. . spring colorings, $1 a yard, usually sold 75c. 87J4c and 51. Entirely new designs in 40-inch Plaids, excellent fabrics, at nf Snitintrs. snttahlfi for eflrlv anrihEr wear, Ut. JaUVJ nVUIb. .1..MA. UVVU, QMt... .- oaunes, iuc, -ijc anu. 10c. J! reucn o.uues, Embroideries in various depths. AU Overs of BlackrGros Grains are unrivaled values, 65c, 75c, 87c, 51 and $1 12; 24-inch, $1 25 op to $2 50. Surahs, IfcrjalesTl Mervellleaux and Khadames at low prices. Plaid Surahs for combinations m grtat varieties. Velvets and Plushes, all colors, 60o upjjl Thisisalarcedenartmentin onrhouse. Nothinir but the best makes kent.&nd nricea 45c, SOc and 62J4c, and the best TTnlaundried Gn.tna V.il'lffan. nnn. n.ai ATlnrtt T7rthaa n Bed Comforts, Pur Muffs, Boas, and Collars. 167 and "169 INDERAL KEW ADVERTISEMENTS. TheGRANDESTDISPLA SPBING OVERCOATS n $7 All PI0 V-i (Wfc,'! hi wsb A I yK ha? 0Ji. I B I' iT I PI kj r rf rnfffi and MJS We Perfect fitting; children along to buy without )- GUSKY'S wm, 2, 1889. and lowest prices in imported dress fabrics ever Mil I Uff I "1 It I I I 1 frt II I 9 J a till 1 if AJ a ' 41 .J k III r It f 1 f " f m "IB wM at abont half the original nrice. snch aa Tricot at 12tfe. worth 90r? fllnth Rnttlntr nt 23trJ VUiaU.V1.4, UU-nVM ..UU W.J. I.tj UblUH.MH, Al.JI u Aiiuw, ajusuuh OiiU UMUw zuc, ouo ami .c; exquisite qualities, uuaiues, to widest. New Nainsooks and Swiss Edeinzs and Insertines. New riouncinn. New and new Laces at low prices. Shirt in the country at 75c,or three for $2. n A I I nitnnaa. all .naTt.ta and nnalttlaa huu wuuuithu, yi hcijjuh ouu iuatJ,A.lca. Newmarkets. Seal-Plush'Jackets. Coats and New goods in Lace Curtains, Window Shades, Trimmings, Braids, Buttons, Gloves aadj ssiycLE's, STREET, T,T,GHE)NY.. -or- EVER SEEN IN THIS C1H IS NOW ON VIEW -AT- GUSKY'S 3 what is more vou'Il look in vaiE elsewhere 'for elegant garments at sucK T nW T)tTr,T7C c .,11 KA Ir. Vr.?.. ri"2 ,1 A -IVVrXwl U3 lUUll UUU AAA UUJ U4W most popular store in the city. OVERCOATS FOR MEN ! never did show such Overcoats 'as can be seen right now on our counters! They carry their own letters of credit for shapeliness, luxury, style, quality and fine workmanship. They recommend themselves to all by their remarkably low prices. Every garment we offer bears the stamp of perfection, yes, perfect perfection and the make and fit will compare favorably with the work of the? most artistic of tailors, while the mate- rials will please the most exacting of purchasers. The finest products of for- eign and domestic looms are represented in our mammoth assortment and the key note of our entire stock is unquestionj able reliability. I SPRING OVERCOATS -job- . YOUTHS and BOYS. '4 We have now on view and ready for salal thousands of the handsomest Overcoats for Youths and Boys ever seen. Our ever, busy and alert buyers were the earliest in trip mnst rplinhV marlrptts nnrl 35 a v' consequence they secured the cream of the styles and qualities. Our word for it: There'll be a big demand for Overcoats for boys the coming spring and you surely would like to have your boys dressed tastefully, especially when . it is to be done with very lit tle money indeed. Nowhere else in this wide world will be found more elegant Overcoats for Youths and Boys, for it is indeed very doubtful whether any clothier in this country has made the preparations for at spring trade we have. t SPRING OVERCOATS . -roR- CHILDREN. HANDSOME! STYLISH! BEAUTIFUL! LOW PRICED! 4 artistically made; workmanship faults and artistic designers can produce. Truly the love liest, cutest and handsomest JSpring Overcoats for children in the city. Lots of rich and elegant goods so tasteful and unique that they're not to be seen, elsewhere in Pittsburg. We would like every one interested in the purchasing of Children's Clothing to come and see the Overcoats we offer: brinr the and try on the garments, if only toi see how the boys would look in them. No necessity you feel inclined. Come and see us. YOUR FAVORITE STORE;! 300 to '400 Market street mhS-TTS3a smrws. brought to this market. Latest productiowtl at $1 25. Very elegant styles! 37c a yard; and the most complete line or25 ujc up. w niie uoous, new ana Desuuim 'W low. TJnlanndried Shirts, svecial values, at1 Laundried Shirts, Colored Shirts, Collars andf fS ge Mantles. Wool Underwear for Men. Ladles aadt - ?.A. $S3U. I .' zmmam '-;''. r- ' A .