V. T3& V 14 BEATING UKCLE'SAM. A Skillful Counterfeiter, Who is Evi dently a Monomaniac. TBICK WITH A BAD 1,000 BILL. Heir tie Treasury Might be Boiled, Eat It Wouldn't Pay. . THE BAlf OH ALL ADVERTISING H08EI tCOBSEEPOKDEirCX Or TOT DISFATCB.1 Washkgtok, June 14. The most re markable counterfeiter at present living has been keeping the United States Secret' Sery iee in inch a condition of exasperation for a long time past that no trouble or expense would be considered excessive for the ac complishment of his capture. And this, although he produces on an average not more than two bogus notes in a year. The remarkable thing about thesejmitations is that they are executed entirely with a pen. Once in six months almost as regularly as clockwork one of them turns up at the Treasury here, to the disgust of the Govern ment detectives, whose utmost efforts cannot discover bo much as a clue to follow. The strangest point about the matter is that the work ot producing the bills in this fashion, merely considered as a question .of labor remunerative or otherwise, cannot pos sibly pay. They are always either fifties or twenties, and to make one must require pretty constant toil ior quite half a year. The last one, which was received only a few days ago. was a double X. Funnily enough, they come each time from a different city, and the supposition is that the forger leaves town for another locality immediately upon passing one. He gets rid of the note be has iust completed, which may remain in circu lation tor some time before reaching a bank, and departs long before the police agents have a chance to arrive upon the scene. PBOBABLY A MONOMANIAC. The most plausible theory seems to be that he is a monomaniac of means, who gratifies a morbid taste in this astonishing way. His imitation bills are so perfectly done that no one short of a professional ex pert would hesitate to take them for good monev. Prom the vignettes to the signa tures, the work is performed with an ac curacy that bears scrutiny with a powerful magnifying glass. In all likelihood the reason why the notes are not made of larger denominations is that they would be propor tionately more difficult to pass. The secret service is also considerably annoyed jut at present regarding a new counterfeit $1,000 bill, which is so admira bly executed that half a dozen specimens have actually been passed on one bank. It turned up for the first time only the other day in Boston, where a woman went into the shop of Jordan, Marsh & Co. and purchased a valuable shawl, tendering in payment a United States Treasury note lor 51,000. The clerk tooc the bill and kept the cus tomer waiting several minutes for her change. When be returned with it she ex-pressed-her anger and demanded to know what the matter had been. The clerk owned that he had stepped over to a bank near by to have the bill tested, whereat tbe woman declared that she would not take the shawl and flounced out. TESTED THE TVEOKO BILL. - Subsequently she came back, said she had thought better of it, took the shawl, paid for it with a $1,000 note, and went away with her purchase and her change. All this was a very clever performance, for, as a matter of fact, the first bill offered was a perfectly good one, while the note actually given in payment on the second occasion was not the came at all, as the clerk was intended to suppose, but a forged imitation of like iesne. The Secret Service is only acquainted jith one fact about the matter, and that is "that the plates were executed by that most remarkable of forgers, Charles H. Smith. This is the man who is tbe author of the celebrated United States bond forgery ten years sgo. He was at that time employed as an engraver for a New York bank, which had contracted to furnish the Treasury with the design and plate for certain new bonds to be issued by the Government, of $1,000 each. Smith worked on the bondplate at the bank in the daytime, and each nicht he duplicated his day's task on a plate of his own at home, so that tbe real plate and the imitation grew together and, when fin ished, were precisely alike. The Govern ment received the real plate and issued bonds printed from it. Smith printed from his duplicate plate 208 of tbe bogus bonds, just like the real and representing $208,000. PICKED UP BY ACCIDENT. These he handed over to the well-known forger Doyle, who was to act as con ederate. and Doyle started with them in his valise for Chicago. Now it so happened that the Secret Service detectives had an eye on Doyle at the time, suspecting him of being concerned in the forgery of a very artistic $100 note thit had appeared six months be lore, in 1879. At Chicago they arrested him and, upon searching his valise, tound to their astonishment $208,000 in United States bonds. Subsequently Smith and the celebrated counterfeiter Brockway, who was also in the gang, were captured. They con fessed and gave up the plate of the bond, which was buried on Long Island, in return for a full pardon; Doyle got 12 years in prison. Nevertheless it would not appear that counterfeiting pays. Once in a while a forger makes a good strike without being detected or punished, and retires to a life of tem porary honcstv; when his money is gone he returns to the business and its dangers. The highly-skilled counterfeiters of tbe world always spend the best part of their lives in jail lor lone terms. One of the most curious forgeries ever committed in this country, by the way, was a $100 gold compound-interest note ot the issue of 1863, the impression for the bark of which was stolen by a man named Lankton and his son by running a sheet of wax through the press, and subse quently making an electrotype from it, BOBBING THE TBCASUBT. While counterfeiting certainly does not pay, it is very doubtful whether it would prove remunerative to rob the United States Treasury of actual money, supposing such a thing practicable. According to a statement of a high Treasury official, made to your correspondent the other day, a vast sum might be stolen by such a robber in just one way. It would merely be necessary for him to suborn the guard of the vault for tbe first step. Ot course he would not choose the silver or gold vaults, for $1,000,000 in gold weighs a little over two tons, and he would nnd difficulty in getting away with a load like that, even it he had a wagon outside on Fifteenth street. The vault containing bank notes is on the first floor, much more convenient than tbe gold and silver in the cellar any way. Overhead is a reserve Tault, containing $150,000,000 in- green backs mostly; but it may be assumed that the thief would not want to be a hog and that he would content himself with leave to Crab in the first story treasure-chamber, which always has at least $25,000,000 in it. Having bnbed the guard preliminarily, he would bide himself during tbe day in the building somewhere, which would not be difficult. It is never known in advance what guard will be on duty at a given time; but tbe thiet would have to wait patiently maybe he might have to hide for two or three nights beiore things were propitious and the guard could notify him -when all was well. CEACKTNO THE DTNEB DOOR. The truard bas the key of tbe outer vault door at his disposal, and that door he would open, thus giving the robber a chance to tackle tbe inner door. A skillful cracks man could open this latter in a short time, and then the millions have only to be picked off the shelves around the inside vault In each package are 4,000 notes, with denominations marfced. If the notes are ten-dollar ones, the parcel, about a foot square, 'contains $40,000; if hundreds, $400, 000. A few of these last he probably se lects $10,000,000 perhaps makes a sufficient armful and with this haul he toddles away content. Just such a robbery of the Treasury as this might unquestionably be accomplished at any time; but the point is, would it be profitable to the thief? No sooner wonld this greatest burglary of history be-reported than pretty nearly every person in the civilized world would be looking out for $100 United States notes of the numbers ad vertised as stolen. Too bad that he did not take gold insteadl But after all, would that be any better? Any one who spent much of it would be suspected when the Treasury had been robbed. It might be melted up to destroy its identity altogether, but bow sell the bullion? To try to dispose of it to the mints or buyers of 'old gold in any quantities would excite attention. If it were attempted to take it abroad in boxes, its weight would occasion remark perhaps. After all, it would seem better not to try to rob the Troasury of Uncle Sam; there is not money enough in the enterprise. FLASH MONEY SUPPRESSED. The business of masting so-called "flash" money, which used to largely prevail, has been almost pnt a stop to by the Secret Service. This term applies to all imitations of United States currency which are pro duced for advertising purposes. A few years ago business colleges all oyer the country were acenstomed to issue for themselves notes mf vari ous denominations resembling more or less closely United States bills, bank notes or greenbacks, which they used for .con venience in make-believe commercial trans actions for the education of their pupils. This has been done away with, because such play currency was always apt to be passed off for real upon ignorant people. The same reason is accountable for the law which de clares that imitation money shall not be made for any purpose. The other day in Chicago a $5 note was passed upon a Chinaman which was, in reality, only the advertisement of a cheap eating house, with one-third of it engraved in imitation of a bank bill. On the remain ing two-thirds was printed the bill of fare, includinc: "Steak. 10 cents; chops, 10 cents; ham and eggs, 10 cents; pie, 5 cents, and coffee, 5 cents." There is really a great deal of such flash currency circulating in the South, where the negroes readily accept anything that looks like a banknote for money. A PECULIAR CASE. A very curious sort of counterfeit not at all criminally intended came over to this country from Germany the other day. It was an excellent imitation of our silver dollar in some white metal, but contained within it three small knife blades and a button hook, which could be pulled out and used when desired. Altogether it was a very novel and cunning little contrivance; butthe Secret Service ruthlessly seized the entire importation of these curiosities, some thousands of them in all. A compromise was finally effected, however, the Govern ment retaining the silver dollar cases and permitting the importer to retain the knife blades and button hooks. There is no law against counterfeiting Confederate notes unfortunately, because they are not infrequently sprung upon the ignorant for United States money. The Se cret Service does not like tbe business of making lockets and such things of silver dollars, but the law does not declare posi tively against it, and it seems to be legal now lor anybody who has a silver dollar to do anything with it he likes. But heaps of imitation silver dollars for paper weights and for tops of confectionery boxes to make them look as if they were overflowing with money, are not allowed. The collection of such curiosities at the Treasury is astonish ing. Bene Bache. THE JAPANESE PILLOW. How the Ladle Preserve Their Elnborate Hend-Drrit While In Dreamland. Illustrated American. The head-dress is most elaborate affair, bnilt on a foundation of cardboard, which is blackened; the hair, being passed over it, is then smoothed down and well oiled, and into it they put flowers, combs, fancy pins, and other small articles intended to heighten their personal attractions. The result is frequently an artistic triumph. It is a tedious process, and perhaps for this reason habit bas taught them to sleep without soft pillows; instead of which they use a round piece of wood, like a rolling pin, about eight inches long, supported on two wooden feet, and with a hollow for the neck to lie in; so by these means the ladies are able to leave their hair nntouched for several days, aset night it does not become at ail disar ranged; and for tbat consideration, of course, they can reconcile themselves to its use. A Hamburg Flff. There is no longer need to force children to take castor oil for constipation. A Hamburg Fig. which Is like preserved Iruit. trill be taken by them with relish. 25 cent. Dole one Fie. At aU druggists. Mack Drug Co., N. Y. Trsu Pullman Dining Can on tbe Pennijlrnnla lilneB. On and after Monday, June 16, Pullman Dining Cars will run'as follows, over the Pennsylvania lines west of Pittsburg : On Ft. Wayne Kb. 9, leaving Pittsburg 7 A. M., to Chicago at 9 P. M., serving break fast, dinner and supper. On Panhandle No. 9, leaving Pittsburg 7 A. 21., to Bicbmond at 8 p. li., serving breakfast, dinner and-supper. On Panhandle No. 6, leaving Bichmond 7 A. M., to Pittsburg at 5:55 p. SI., serving break'ast, dinner and supper. On Ft. Wayne No. 4 and No. 6, leaving Ft, Wayne G "a. m., to Pittsburg at 5:55 p. St, serving breakfast, dinner and supper. wrsu Buffet Drawing Rorra Car Yla the P. fc T. E. K.K. Commencing June 9, a through buffet drawing room car will be put in the train leaving Pittsburg via tbe Pittsburg and Lake Erie Bailroad at 8 A. SI., central time, arriving at Buffalo at 4:50 p. SL. xrssu bpecial Snle. Trimmed and untrimmed hats and bon nets at greatly reduced prices. M. Donnelly & Co., tfsu 908 Penn aye. 65c mohair dress goods to be sold this week at 35c a yard; double width. Kir able & Shusteb, 35 Fifth aye. Lace Curtains The reductions now made throughout our entire lines should be especially noted by intending buyers. ' ttssu Huous & Hacks. Ladies, come get a fine mohair skirt pat tern, finished with a silk stripe, only $1 89 each. Unable & Shusteb, 35 Fifth ave. BEAD Edward Groetzinger's ad. 25c 25c. 25c Ask to see our fast black stockings at 25o. Come on Monday to get them. Kxable & Shusteb, 35 Fifth ave. Dbess Goods Our early clearing sale commences this week. Bargains from 25o a yard upward. Huoua & Hackx. TTSSU Great Reduction! In beaded wraps, elegant lacs and cloth capes, Jerseys and shawls to close the sea son's stock, atH J, lynch; 438, 440Mar ketst, TfTBU The Beauty s LMlc Scheme. THE CLARA BELLE'S CHAT. Lessons in Etiquette for Women of HcAllisterean Designs. SAUSAGES AND THE FOUR HUNDRED Emily Faithful Writes of Florence Night ingale and Stanley. EIES OF TOE WORLD OS MISS TENANT. i ICOREESrOKDtNCS OF THX DISFATCH.1 U'E'W York. June 14. HE ladies of the Four Hundred are not shy. At this in stant one of them is in sight from the window where I sit writing. It is a gusty day, yet she has stopped on the windiest corner in all Fifth avenue, where Boreas will flop her skirts while she has a struggle raising her umbrella. She seems diffident under tbe ordeal. Is she, though? Well, the McAl- listerean ache for publicity is very t simply yet; fully il lustrated at Morris Park, that beautiful new raoe course to which all kinds and oonditions of turfites are now flocking in great multitudes. The Coaching Club asked for and secured the allotment of a reserve, in which the gaudy vehicles and gay passengers might have room sacred to themselves. Now, it might reasonably be supposed that seclusion was desired. Ah, not sol The space fenced eff for the Coaching Club is not deemed satis factory to the ladies, and the objection which they make is that they are too far from the grand stand to be seen by the mul titude. They are out for display, and a change of location is to be made to enable them to get it, she coaches aspibino -women. Society is aware of a very elegant lady living in apartments, whose vocation it is to coach people ior society. She is of an old New York family, bas all the ancient scan dals at her tongue's end, can give fine points on the marriages and intermarriages of everybody worth knowing about, can tell just who Mrs. B. and Mr. X are, who the Eroud.Mri. G. was before her marriage, how er father made his money, in fact can sup ply all tbe small gossip tbat will mage the newcomer appear to the manor born. She also has an excellent stock of stories at hand, just the thing for luncheons or dinners; will get you up in the latest book, tell you the origin of authors and contributions of the day, and the thousand and one things that stuuid or underbred people are glad to Know. She makes money and charges $5 an hour for her information, having all the pupils she can attend to. One woman who applied for entrance to the society school was a rather rough sort of a creature, and during several lessons she was treated entirely for upardonable gaucheries of manner. Finally the discussion of families was taken up, and the pnpil inquired about a certain woman who had become famous for her showy en tertainments, but who was not regarded, by the pretentious mob as a very desirable ac quaintance. "Oh, she is an impossible," said the instructor. "Her father made his money stuffing sausages." ONLY A "WASTE OT-TIME . "Goodness, then I'm wasting my time," exclaimed the pnpil. "My husband owns a sausage lactory." The teacher of social customs nearly fainted at this, and agreed with her pupil that it would not be wise, under the cir cumstances, to continue the lessons. "If you can prevail upon your husband." Madam," she said, "to abandon sausages and take up something clean, you might then come back to me. But I can assure you that the wife of a sausage maker will never be permitted to step over the thres hold of a desirable New York house so long as dogs are regarded with so much affection by our most renned families. So the lady has given up the etiquette lessons, according to this story, which really isn't too absurd to be true in our imitation aristocracy. Everybody was pushing and clawing everybody else in the endeavor to get into the trains on the return from the Morris Park race track. It was a tnrbuleut place for a woman to find herself in, and when I noticed one of the most fashionable and prettiest of society girls, in company with the youth whose bride she will soon become, being jostled and hauled about in the roughest and most irreverent manner, I .sympathized with her in her discomfort, and wondered why the young man, with his ex treme notions of living in a higher world of lorm than is occupied by common people, should have exposed his fiancee to sueh a disagreeable experience. PEEVISH AND PETTY. The young lady took it all with such bad grace, however, that I soon lost my sym pathy for her. With an indescribable ex pression ot disdain and anger on her face, slice peevishly scolded her escort for having got her into such a place, and paid such things as would be sure to -disgust him with her if he has any spirit whatever. Her principal complaint was that some of their lriends, who had gone home in carriages, might see her and despise her. As the train rattled across country toward Harlem this young women got a lesson that ought to do her some good, though, as it was in progress, she seemed displeased and disgusted by its beauty. The cars were packed to their utmost limit, and therefore when someone groaned and the crowd became conscious that someone was fainting in the middle of one of tbe cars there was considerable consternation. It was a young man, and his limp figure was being supported by a handsome, lustrous eyed girl of not more than 18, who was evi dently his wife. They were not fashionable, bnt the spirit of the noblest of women sprang up in the girl at that moment, and the crowd had a chance to see what a wife of thenght sort can do at a crisis. The girl did not speak a word, but began a struggle toward the door, carrying her burden with her. The mixture of misery, love and bravery in her conduct was one of the pret tiest things I have ever seen. AN insult and silent bebuke. Tears fell irom her eyes, and yet the mnscles ot her face were set firmly, and as she bored a path through the compact throng she kept her cheek as close as possible to her husband's, whispering words of encourage ment. The crowd did not help her, in fact it could not do so, except by pressing back as possible to let her reach the platform. Finally she reached the air, and everybody was saying how plucky she was, and the young man had shown signs of recovering under the influence of the fresh breeze. All this time the society beauty was moaning over the additional discomfort that the ex citement hadput her to, and when her bus band elect proposed offering his brandy flask to the sufferer, she stopped him, saying : "Can't you see, he is drunk already." The words were heard by the wife of the fainting man, and she turned her flushed face to the fashionable 'girl, her brilliant eyes burning with anger. She did not speak, however, only placing her faoe still closer-to her hniband's. She was certainly the complete beauty at that momont, the other, with her superior ornamentation of attire and general appearance of careful grooming, seeming quite despicable in com parison. When the station1 was reached, M mm Mf W?lli fl zm PITTSBURG DISPATCH, and the crowd poured from the cars, the young man had quite recovered and the society girl had an opportunity to see that he was not in the least intoxicated. The ivrll rvouth may have been reminded of many things by this episode, if he is at all capable ot distinguishing the paltry from the noble femininecharacter. PLOBENCE NIGHTINGALE'S SOBBO'W. President Ella Diet Clymer, or Sorosis, shows me a letter from good old Emily Faithful, and it contains something about two women of far more account than any hundred in New York "society." MissFaith ful writes of Florence Nightingale: "She completed her seventieth birthday this week, but a grievous sorrow overshadows the cordial greeting which every woman would like to send. Her sister, Xady Ver ney, with whom she has for years made her home, was on the day fyllowing taken to her last earthly resting place. Among the flo ral tributes sent was a wreath of everlasting blooms bearing the words, "In remem brance of my sister, beloved and mourned." Her loss will be a terrible blow to Miss Nightengale. Sir Harry and Lady Verney have for years shielded her in every possi ble way from everything which could dis tract the invalid from her self-imposed work, or cause her the least anxiety." Writing of Stanley's affianced bride, Miss Faithful says: "The sensation of the moment is indisputably the pending mar riage of your gallant American fftanley, with Miss Dorothy Tenuant. The one thing neediul to complete the interest of the pub lic in the intrepid, iron-willed explorer has now been supplied. With all Mr. Stanley's heroism and perseverance, it was impossible not to feel that the one touch of nature which makes the whole world kin was lack ing. ATBNANT POR STANLEY'S HEABT. "But now this is all changed. The heart, which, upon Stanley's own admission, has been vacant for 20 years, has at last found a charming tenant, if one may be pardoned a feeble pun, and the romance of his life is ronnded off in a fashion delightfully appro priate enough to satisfy the most sentimental admirers or the great explorer. If it betrue that the eneagement between the courageous journalist and the clever artist really existed oeiore Mr. Stanley started upon bis last ex pedition, nothing in fiction could easily exceed the pathos and absolute sensational ism of the actual situation. The brave traveler was more than once reported dead, and was undoubtedly often within an ace of death, and all the time the lady to whom he had become betrothed was waiting news of her lover. Even in their work there is something sympathetic, for while Stanley was exploring the Dark Con tinent of Africa, Miss Tennant was throw ing some light upon tbe gloom and pathos of the dark continent of London, painting the life of our street arabs with tenderness and force, and doing something on her part, as her lover was on his, to disperse tbe shadows of degradation and ignorance, and let in the light of higher civilization. THE WHOLE "YVOBLD INTEBESTED. "The wedding of this celebrated couple will be the event of the season, and from now until July, when the marriage takes place, we may rest assured that it will be a constant topic of conversation in all circles. Miss Tennant is an artist of marked ability. She is also very happy with her pen, and can paint word pictures ot the saddened, gray lives of the London poor that are not less direct in their purpose than her well known painting. Above all Miss Tennant is gifted with a singularly sweet disposition and a most tender heart, and that these graces are mirrored in her face one need hardly add, for bas not that been made familiar to ns all in Sir John Millais' well known picture "Yes or No?" as well as by other distinguished Academicians again and again? "It is a fact that Mr. Stanley's brave and loyal comrades are only less lionized than their chief himself, and that they may prac- cany uiAiry vtuum luey u&e. xnis is, per haps, something of an exaggeration, but it is plain that lions are no longer fearful things among ladies, and that it is certainly not necessary nowadays for even the biggest of them to reveal his identity, and tell them plainly that he is Snug the Joiner." Clara Belle. JORDAN'S SWiaiSIINQ SCHOOL, Below Sixth Street Brldce, Now Open. Any time from 6 o'clock morning until 10' o'clock night swimmers and bathers can be accommodated here. There is a clear 150 foot swimming space, with pure running water, which is a longer distance than most bathers care to swim. Captain Jordan has 112 dressing rooms, so tbat all who come can be promptly accommodated. He pro vides bathing trunks free for men and-boys. All comers receive good treatment; the best order is maintained; strong swimmers are in attendance to care for the little chaps, and no disorderly or nndesirable characters are admitted. During next week known ladies will be admitted free of charge and clothing fur nished. Commencing with June 24 the school will be open for ladies each Tuesday and Friday morning during the summer. The RenI Blood of the Rye, The secret that makes the old man a yonng man is found at the Half Centnry House. The malt whisky sold there is tne veritable "blood" of the rye. The purest and the most beneficial stimulant known. 623 Lib erty street, foot of Fifth avenue. Another invoice beautiful styles 20c sateens, llc, to .be opened up on Monday morning. Enable & Shusteb, 35 Fifth ave. Tbe Chnncea Are That the very mantel you art looking for is now on view in our warerooms. We know the prices will snit you. James C. Thompson, 640 Liberty avenue. Tbe Seasonable BcTernffo Is beer. The correct brew is that of Z. Wamwright & Co. All first-class bars keep it on tap. Families supplied direct if de sired. Telephone 5525. 'wrsu Come Monday or Tuesday or Wednesday for bargains. Knable & Shusteb, 35 Fifth ave. Chnllles. Cbnlllei. Challlc Large selection of French and American challies at 6c, lOo and 12Jo to 60c per yard. H. J. LYNCH, 438, 440 Market st "WPSU Ladies' wraps, jackets, capes, etc. Prices made very much lower on several lots to close quickly. ttssu Huous & Hacks. Beautiful line of all-wool French chal lies, in black and white effects, 60c a yard. Knable & Shusteb, 35 Filth ave. ' Lawn Drrnalcg Sacqnei, 50c, reduced from 88c. Bosenbaum & Co. Bead Groetzinger's advertisement to-day. Sloclcinaw Slacblnaw lints Hntn Look Better. Wear Better. No hats are better; in fact, there is no straw hat equals the Mackinaw. They are platted and sewed by Indian squaws right out in the field and bleached in the sun; they are bright and beautifnl and cost hut little money, and the shapes are jnst right; they suit everybody, old and young, rich and pour. We are the only parties who sell the gen nine squaw mackinaw hats. J. G. Bennett & Co., Corner Wood street and Fifth avenue. P. 8. Price of squaw hats: Squaw hats for boys. H to 1 50. Squaw bats for youths, $lto $2. Squaw bats for young men, $1 50 to $2. Squaw hats for men, $2 to $3. 6qnaw bats for large men, 52 50 to 13. Attpbecht's Elite Photograph Gallery, oio ju.arit.ct oh, iiiuuiuj, .trices lowest. STTNTAjY. JUNE .,15, THE HOME WINNERS. Statistics on the State's Building and Loan Associations. 1,169 CHARTERS FROM 74 TO '89. Serrleej of Land CompaniM Organized on the Same Principle. MORTGAGES AN EVIDENCE OP WEALTH SFZUAI. TELEORAK TO THB PISriTCH.3 Habbisbubo, June 14. The annual re port of the Chief of the Bureau of Industrial Statistics contains interesting figures on the workings of building and loan associations in Pennsylvania as compiled from state ments filed by 538 associations, which show the following 'results: Total number of shares 782,506 Number of shares pledged for loans 201,117 Cash receipts for one year 18.372,178 07 Cash expenditures for one year.... 17,419,151 95 Cash on band at end of fiscal year. . 953,023 12 Paid to shareholders for matured stock and withdrawals 4,647,283 93 Current expenses, one year 204,454 01 Total assets 42,157.147 60 Total gains 8.102,090 03 The assets were divided thus: Loans, $30,344,549 85; real estate, ?1,172.752 44; cash, $953,623 11; sundries, $686,822 20. The estimated membership of these associa tions is 117,284, and the number of borrow ers is estimated at 36,484. More than half of the associations have been in existence from 5 to 21 years. The average loan per borrower is estimated at $1,050, or 5 shares at $200 each. The re port gives the following comparative aver ages: Last Tear, This Report, 337 538 Asso'n's. Asso'n's. Shares 1.S62 1.454 Shares borrowed on 374 373 Cash receipts J34.830 98 $34.149 03 Cash expenditures 3J.9U7 43 32,377 83 Cashonhand 1,928 43 1,77110 Withdrawals and ma tured stock 10,261 00 8,638 07 Current expenses 343 99 380 02 Assets 84.W 27 78,359 00 Gains 17,624 05 15,059 46 COMPABISON OF BEPOBTS. "The introduction this year," says tbe re port, "of 68 associations 1 year old and un der (46 more than last year of this age) has caused a decrease in tbe average assets of about $6,000 and has added to the average expense, as all these new associations were obliged to procure their outfit tor carrying on the business. Many associations have on their last fiscal statements expenses ot re chartering and also expenses attending the acceptance of the act known as the league act. There is a slight increase in the num ber of sbares, but in this respect it is not easy to make a true comparison, as we have added this year a number of societies whose shares have a final valne of $100 instead of $200, and a member can carry two shares per month for $1, whereas in the $200 asso ciations one shares costs $1. After a careful examination of a number of reports contain ing a list ot members, borrowers and non borrowers we see no reason for changing the estimate per association of members, mem bers, borrowers and shares per borrower (on a $200 basis) given in our last report. "Between July, 1874 and December, 1889, the State of Pennsylvania has granted charters to 1,169 building and loan associa tions. These figures do not include a long list of land companies conducted on the building society installment system of re ceiving the payments on the shares. In many cases these land companies have as sisted the members in obtaining lots to bnild on, and the bnilding society has furnished the money to build the home, one helping the other. Of the 538 societies tabulated 100 of them were chartered before July, 1874." TOTAL OP the active associations. It is not known bow many more than the 100 mentioned as chartered before 1874 are still running, but quite likely an additional 200 associations would be a conservative estimate. This would run the number up to 1,469 associations. It is highly probable that at least 269 of the single series associa tions have matured their sbares aud retired from business since 1874, leaving a balance of 1,200 active associations, large and small, in Pennsylvania, with the following esti mated results: Total number of shares. 1,735,700 Total number of shares pledged for loans. 448.500 Total cash receipts, one year 540,978,838 00 Total cash expenditures, one year. 88,853,156 00 Cash on band at end of fiscal year.. 2,125,680 00 Paid to shareholders for matured stock and withdrawals, one year. 10,365,684 00 Current expenses, one year. 456.024 00 Total assets 94.030.800 00 Total gains 18,071,352 00 The assets were divided as follows: Loans $87,757,358 00 Real estate 2,616,790 00 Cash 2,125,6i0 00 Sundries 1,631.944 00 Memberships, total 261,600 Borrowers. 81.600 OTHEB SEAL ESTATE COMPANIES. In addition to the land companies not tabulated there are a number of societies which purchase real estate and dispose of the same to their members. The land and real estate companies are estimated to have accumulated rom the payment of dues at least $15,000,000. The item of. $2,125,680 of real estate on hand, in the estimate of the 1,200 societies in Pennsylvania, it must be understood does not represent property ob tained by reason of foreclosed mortgages ex cept in a very small degree. Most of the societies are building associations in deed as well as name, and their plan is to purchase the houses in the name of the associations and retain the title until the purchaser has redeemed the same from tbe accnmulationof dues and profits on shares subscribed for. The estimate of $10,365,684 paid out in one year for withdrawals and matured stock is largely under the real sum, for the reason that many associations who keep their ac counts by the double entry system of book keeping close their matured share accounts, on which loans have been made, by day book entries, and consequently the with drawal of the matured shares 'does not ap pear in the cash account and is not included in the figures taken from the printed cash accounts ot the associations. The with drawal and matured share account would be nearer $20,000,000 for one year than $10,000, 000. Some of the associations draw cash or ders for all matured shares, whether they are borrowed on or not. the orders being paid outas cash for matured shares, and received again as cash in settlement ot mortgages. building association mobtgages. A conservative estimate of recorded build ing association mortgages in Pennsylvania would be $90,000,000. A mortgage placed upon a home that was free from encum brance, and the money thus obtained con sumed in living expenses or lost in invn. Llation, becomes a debt in the lull sense of the uncomfortable term. It is possible and probable tbat some of the bnilding society -mortgages on record represent tbis class of indebtedness, but only as an exception and not as a rnle. ,. Generally speaking, the building associa tion mortgage is not a debt, but emphati cally a creation of new wealth, and these mortgages are entitled to be excluded from all estimates made of the indebtedness of a people. Even if this position is denied it cannot be contradicted that, if a debt, the burden is not owing to a few capitalists, but to 261,600 persons, of whom 81,600 are the borrowers and part owners of tbe same bur den. The creation of wealth lies in the fact, for example, that 81,600 persons were, before they became members of the associations, paying $12 a month for rented houses, or $11,740,400 per year. They form associa tions with 180,000 other persons who have previously obtained homes and agree to de posit various sums' per month and hand tbe money over to tbe borroweri to build homes, agreeing, substantially, to receive from the borrowers monthly contributions of sums not greater than borrowers were paying as rent. SYSTEM OP SABNING HOMES. One half of the amount paid in h-r tn j borrower represent, 'profits of the capital 1890. paid in and the other half, inclnding a Just share of the gains, -represents partial pay ments on this newly created property wealth. At the end of 142 months, or less, it was found tbat what the borrower had formerly paid in rent has by this system earned him a home entirely free from debt. At tbe end of 142 months 81,600 persons are the owners of $90,000,000 worth of real estate that they have accumulated month by month through the aid of the bnilding associations. In stead, therefore, of the mortgages being debts, they are assets in prospect and real assets to the extent of the amount actually saved and paid in on account. Instead of a recorded debt the building society mortgage is merely a resolution formed by the tenant to stop paying rent, and gradually save enough'in this way to carry out the determination. From observa tions made by the writer, the opinion is lormed that of the possible $90,000,000 of recorded mortgages fully $27,000,000 has been saved toward their full and final ownership, or, in other words, that all build ing society mortgages now on record could be satisfied by the payment of 70 per cent of their face value. THE EENT PATER IN DEBT. Bnilding society mortgages exist not over 12 years, except in special cases, and the present assets are accumulations ot 12 years only. Some members have only been paying in lor one month, others two, three and four months, and still others for one, two, three and so on up to 11 or 12 years. New socie ties are being constantly formed and old ones maturing as instanced above, and others on the permanent plan are maturing old series every year and opening new issues. Every man who intends paying rent for the next half century is at this very moment in debt for the full amount he will pay during the next 25 years, and when a rent payer moves into a home obtained through the building society be deserts the ranks ot the debtor class and allows a mortgage to be recorded as evidence of his new departure. EODEABilEL. UTTLB BOPEEP AT THE BALL. IWHITTEN FOB THK PISPATCn.l Her shoon are made of satin fairer far than Arctic snows. And gaily pit-a-pat In them amid tbe dance she goes; So graceful la ber trlppintr. Forever I could look To view those shoon a-sklpplng Abont her dainty crook. Her gloves areHo.(r s she could don a S with ease; They were fashioned by the pixies that no mor tal ever sees. They reach np to her shoulder; Her arm no eye may scan. 'lis shocking. I have told her Such cruelty to man. Her hair how shall 1 term it, but summer sun beams curled; I know 'twould make a hermit gay, and win him to tbe world. Her lips are poo ting scarlet, Her eyes a witching bne; rd style each one a starlet, If stars were only bine. 'TIs far beyond my praises, the bat she chose to .rim Her winsome face, with daisies bright all nod ding ronnd the brim; And when her eyes, like beryls. Beneath them cornscate. Each glance is 1 raught with perils. As I have found too late. Tbe dowagers in glasses inspect her frolio skirt, And often, as she passe3 by, 1 hear them whis per, "flirt." Bnt let them take all tbat on. What care hath gay BopeepT With sancy boss and bat on She leads the beaux like sheep. Samuel Mtntdbn Feck. HEWS OF THREE STATES. Intercstlnc Items From FenniTlranla, Ohio and West Virginia. The remains of two small children were dug out of tbe sand at Johnstown yesterday. AT the Banker Hill mine. Greensbarg, Peter Honseholder, aged 25, was kilted yesterday by a fall of coal. The agent of the Red Cross Society Is having the old bnildinc torn down at Johnstown and removed to Washington, Pa. A Hungarian coke worker at the Central mines of Scottdale had his leg so badly crushed Friday tbat amputation was necessary. A child skeleton, a victim of the Johnstown flood, was received at Henderson's morgue, Johnstown, from New Florence yesterday. Bt tbe upsetting of a kettle of boiling water Mary Lose, a domestic at Dick Frehetel's in GrCensburg, was scalded to death Friday night. CqNDUCTOB S. B. 8. Miixkr, of tho West ern Express, has been arrested on complaint of throwing Morris Hasson, of Ladwick, from the train, when running at a 40-mile speed. A hearing will be had at Greensburg, Tuesday. The Society of the Army of West Virginia has decided to hold their next reunion at Far kersbnrg, date not fixed. The Fourth Virginia and Twefth West Virginia regiments, with Battery D, will bold theirs at East Liverpool, O., dates not to conflict. Coat boom bargains for Mondsy and Tuesday. Summer dresses cheap. Knable & Shusteb, 35 Fifth ave. If Ton Valne Good Uenlth Keep your body in a state of activity such as is caused by a good glass of beer. Take care to get the best and it will do you good, xzhsu D. IjUIZ & Son, Telephone 3002. Silver Elgin and Hampden Watehet. Waltham, Bocfcford and Columbns watches, hunting or open face, at $10, $15, $0 to $35, warranted. E. P. Robebts & Sons. lEo challis, wide, to go at 10c Come on Monday to becure them. Knable & Shusteb, 35 Fifth ave. Cabinet photos $1 per dozen, prompt de livery. Crayons, etc., at low prices. Lies Gailebt, TTSu 10 and 12 Sixth st Hosiebt and underwear bargains for Monday. Knabm: & Shusteb, 35 Fifth aye. Warm Weather Drink. When the snn is warm and the throat parched, what is more invigorating than a glass of D. Lutz & Son's beer. If you wish to keep it in the house order through tele phone 3002. TThSu Fine furnitnre re-upholstered. Haugh & Keen an, 33 aud 34 Water st. Silks reduced. Black goods reduced. White goods reduced. Trimmings reduced. Come Monday morning. Knable & Shusteb, 35 Fifth ave. Dabbs, our well-known photographer, says, a crayon portrait to be of genuine value and merit, should Indicate flesh and skin. Gbeat moqnette sale at Groetiinger'i. Black Goods Lightweight for summer weair a complete assortment of all the newest fabrics: all-wool and silk and wool. Prices greatly reduced this week. TTSSU HUOUS & HACKX:- mm KEW -ADrERTISEMENTS, The Leading and Lamest Millm ery House in Western Penn sylvania. ' "stsm? THE WIDE-AWAKE! Progressive nineteenth century merchant never waits for events he makes them. He buys fearlessly in large quanti ties from the fountain-head of the manufacturing world, and, by his indomitable enterprise, creates price and quality occur rences which would never been brought about under other cir cumstances. This application fits the house of DANZIGER & CO., and explains why their house is always first and fore most in high grades of goods at prices "ALWAYS THE CHEAPEST." See Our Astounding for This Week: GLOVES AND MITTS. 13c for Ladies' Black Silk Mitts, sold in other stores at 25a 24c for Ladies' Black Silk Gloves, sold in other stores at 50c. 12c for Misses' Silk Mitts, sold in other stores at 25a (SUMMER MILLINERY UNDERWEAR. 300 doz. Ladies' finest quality Balbriggan Jersey Vests, worth 50c, our price 24c each. 500 doz. Ladies' Swiss Ribbed Vests, worth 20c, our price 11c. 421 doz. Children's Swiss Ribbed Vests,worth i5c,our price 9c each. (SEE THE ATTRACTIVE INFANTS' CAPS. Children's Emb. Corded Caps 24c worth 50c. Children's Black Corded Caps 49c each. Children's Black and Cream Silk Hats 99c, worth $1 50 each, HOSIERY. Ladies' Ribbed Hose, Hermsdorf stainless black, 24c pair. 350 doz. Children's Hose, Hermsdorf stainless black, full reg ular made sizes, 5-8, our price 24c pair. . 275 doz. Gents' fancy Hose, seamless, all sizes, 19c pair. , . .J LADIES' BELTS. Ladies' Silk Belts, elegant, quality," all colors, oxydized, worth 50c, our price, 24c each. Ladies' Persian Belts, all colors, gold and silver buckles, worth $1, at 69c each. Ladies' Canvas Belts, all colors, at 24c, 39c and 49c each. MUSLIN UNDERWEAR. Embroidered and Lace Trimmed Skirts 99c worth $1 79. Embroidered and Lace Trimmed Yoke Gowns oqc, worth $169. Embroidered and Lace Trimmed Drawers 49c, worth 89a LADIES' APRONS. 10 styles to select from, and worth 50c; our price 24c each. An elegant assortment of Ladies' Aprons at 49c, worth just double, and several choice styles at 99c; sold everywhere at $2 each, ' CORSETS! CORSETS! Our La Mode Corsets at 49c are perfect fitting and worth fully 89c Ladies', Misses' and Children's Waists all popular makes at the lowest possible prices. MILLINERY. MILLINERY. Prices greatly reduced and in some instances cut in two. July prices now in Ribbons, Flowers, Gimps, Laces and all Mil linery Trimmings. Ladies' and Children's Colored Hats from 25c up. Black Flat Hats from 31c up, and Ladies' Lawn Hats from $1 49 up. WAISTS. WAISTS. Sateen Waists (new) from 98c to $1 49 each. Lawn Waists (new) from $1 24 to $1 49 each. Flannel Waists from 48c to $3 74 each. The largest assortment of Ladies', Misses' and Children's Waists in the two cities. FL0UNCINGS Winding up that great Flouncing Sale com menced last week; what we have left go at one-fourth cost of manufacture. TIDY FASTENERS Just what everybody wants. We have them at 5c per pair. THERMOMETERS 1,000 Storm Glass and Thermometer combined, handsomely decorated and worth $1 each, our price 24a PARASOLS and UMBRELLAS 1,000 Children's Parasols at 21c each. 500 Silk and Sun Umbrellas, the best made, from $r 49 to $12 each. Another lot of those grand "Como" Silk Umbrellas, with elaborate oxydized and sil ver handles, at $1 99 each on sale Monday morning. These are good value at $4, and cannot be duplicated. DANZIQ-ER'S, Sixth Street and Penn Avenue, PITTSBITBG-, MILLINERY -No charge for trim ming when ma terials are pur chased here. Offerings NOW IN FULL BLOOM. BARGAINS IN FANS. IF.A..
Significant historical Pennsylvania newspapers