THE ' ,HiTSHOEGf DISPATCH, SATURDAY, ' JUNE 6, -1891
.10
w
i
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:THE PUBLIC FOEM.
How the Thought of the Hour Guides
Some Teople's Pens.
A SYSTEM FOR SAFE BAKKDJG.
Why rroHbitionists Oprose the New Bal
lot Reform ML
. r
STRONG DEFENSE OF MHE. BEATATSKT
To the Editor or the Dispatch:
Being a daily reader of your valuable
paper may I ask the favor that you give
publication to the following: I want to say
" a few words upon the subject of banking,
which, although very dry and unattractive,
is at present enlisting the keenest interest
of the general public, owing to the gigantic
frauds which have of late been unearthed,
showing the successful career of pilfering
scoundrels who have had vested in them un
limited power with millions of public
moncv.
-I think it is high time thafcthe rotten sys
tem of bookkeeping and auditing now in
, vogue should be turned to the wind and
something of a more practical nature used.
"Why should not an institution when organ
ized to transact the business of banking be
compelled by the Government to issue a
small pamphlet embodying therein thesig
nificant clauses of the principles to be ob
served in its articles of association,
and the submission of such articles
to the State government for approval.
Then have a charter granted by the Govcrn-
' ment for the legitimate trading of such in
titution, which should bo governed by a
body of managers held individually respon
sible for the success of Its business. Tlio
board of management In all banks should
v consist:
First Of a directorate numbering 12 men,
who should be ot the highest intel
lectural, moral and financial standing, who
should meet nt tho bank one day in each
month, to receive and scrutinize minutely
the reports handed to them.
Second That n private committee com
posed of one-half ol the members of the di
rectorate should assemble once :i week to
examine the accounts as shown on the
abstract books, which should be taken out
as soon after tho Saturday's work had been
ported and balanced as possible, and it should
be In this committee that power bo vested to
crnnt leans on collateral security.
Third Tmo officials of a well-conducted
bank should consist of h general manager,
who should be a man selected from the lcad
- ing financiers. He should conduct the gen
eral business of the bank and have power to
loan sums of money on approved security,
but not to excet-d a stipulated sum.
Fourth A gencr? 1 accountant, who is to
snpervise all accounts, check castings, bal
ances and total-, of all entries carried to
ledgers and other books from waste pads.
Fifth First teller, to be held responsible
for all cash, notes, bills and other cash real
izable nancr. his accounts to be verified
weeklv by the general accountant, who
should sign his book and have it produced
at tho weekly meeting of private committee.
Sixth Minor officials to be elected by the
diiectorate alter passing proper examina
tion and signing declaration of secrecy.
-Seventh Xo officer of the bank to obtain a
lain on any condition, except when grantod
by private committee on presentation by
general manager.
Eighth The general manager's accounts
to bo kept strictlj in credit.
Xinth Xo director shall do business other
than on a strictly credit and cash basis this
rule to be rigidly enforced.
The auditor shall be appointed by tho
Government and mu-t be an expert finan
cier and accountant his duty being to visit
the bank once in each month after tho busi
ness of a preceding, month has been closed.
Ho shall provide an flicient stall to examine
from tho vouchers and other documents all
entries, so far as it shall be deemed expe
dient, to prevent any previous w ork from
covering a defalcation or false entry. He
shall also check all securities of the bank,
nether deposited foradvanes or of prop
erty belonging to tho institution, etc; aUo
check the notes, cash, bills and other papers.
He is to have free access to all documents
and power to bring before tho directorate
matters he may deem necessary.
A semi-annual report shall bo presented to
the shareholders at a meeting convened for
Hie purpose, and after the net profits have
been declared a fair proportion shall bo de
voted to a "guarantee fund"' to be invested
in Government bonds before declaring an
interim dividend for the year, and this fund
shall bo heldintact incase of any unforeseen
loss. That the liability of shareholders shall
be limited to the amount of the shares sub
scribed for, and that in no case shall more
than two-thirds of a share be called up, the
balance to be held in reserve. Each share
holder, before having and shares allotted
him, must prove to the satisfaction of tho
directorate or private committee that he can
be responsible for the unpaid balance should
It be -n anted. This shall be repeated at tho
discretion of the managers.
In no case shall the bank managers call up
the unpaid balance of shares without first
calling a regular meeting of shareholders,
which must be duly convened and proper
explanations made
Tho bank shall not -enter any into business
which would require more capital than that
setapart for legitimate trading. Should more
capital be needed it must be raised by the is
sue of further stock.to obtain which agcneral
meeting of shareholders should bo called.
As a further safeguard against losses by
fraud, I Tiould suggest the organization of a
Bankers Guarantee and Trust Asspciation,
to be conducted upon a plan at present in
successful operation in England. The ob
ject of tho association is to insuic all bank
ers v.hose officials are included in its mem
bership against anv loss caused by such
members in their oAicial capacity as bank
employes the guarantee of the association
to cover the estimated responsibility at
which they weroadnntledasmembcrs, some
being ginaed on basis ol position held by ap
plicant for membership, who pa s an annual
premium to cover the insurance.
The foregoing sketch is taken from practi
cal w orkings ot banking bouses in England,
at present being conducted on those princi
ples, and in ono of which I had the honor to
sorv e lor many years. John shaw.
Pittsbubo June 5.
Strong Words In Behalf of n.P.B.
To the Editor of The Dispatch:
AA'c, the undersigned members of the
Theosophical Society, who have known in
timately the late II. P. Blavatsky, Iiavo read
with surpriso and disgust the extraordinary
and baseless falsehoods concerning her life
and moral character circulated by a portion
of the press.
We do not propose to attempt any answer
in detail to libei9 as monstrous as theyaro
vile, libels, moreover, which dcaluith sup
posed events laid in distant quarters of the
world, without any evidence beinc adduced
to substantiate the allegations. Is it right,
even lor the take of soiling a dead woman's
memory, to ignore tho ordinary rule of law
that the onus of proof lies on the accuser!
"What character can bo safe if any unsup
poi ted slander is to be taken for proved
lactr We content ourselves with staking
our honor and reputation on tho statement
that her character was of an exceptionally
pure and lofty type, that her life was un
sullied and her integrity spotless. It Is be
cause tc know this that we were and are
proud to follow her guidance, and we desire
to place on record the lact that we owe to
her the noblest inspiration of our lives.
As regards the curious fact that Madame
Blavatsky's death has given rise to any con
test for "Her vucant place," will you permit
as to say that the organization of the Theo
sophical Society remains unaffected bvhtr
death. In conjunction with Colonel H. S.
Olcott, the President of the socletv, and Mr.
William Q. Judge, a prominent Xew York
lawyer. General becretarv, and leader of the
movement In America, Jladame Bla atsky
was tho founder of the Theosophical So
ciety, and this is a position that cannot w ell
bo carried by a coup d'etat or otherwise.
Madame Blavatsky w as Corresponding Sec
retary of the society, a purely honorary
post, which under the constitution it is un
necessary to fill at her decease. During tho
last six months, in consequence of the growth
of the society, she temporarily exercised
the presidental authority In Europe by dele
gation from Colonel Olcott In order to facili
tate the transaction of business, and with
her death the delegation naturally becomes
void. Her great position in the movement
was due to her knowledge, to her ability, to
her unswerving loyalty. Her special func
tion was that of a teacher, and ho or she
who would fill her place must have her
knowledge.
A.nsie Bejaxt, C. Caetek Blake, Doc. Scl.j
Herbert Bronows, I. SL Cooriflt, Isabel
Coopeb-Oaklbt, Aechibald Keightlxy
(Cantab.), G. It. S. Mead (Cantab.) See. E.
S. T. S-; W. R. Old, Sec. B. S. T. S.; Cos
STAJfCE Countess Wachtmeisteb, AV.
Wtjtw AVestcott, M. P., (Eond.)
LoMioir, May 13.
The Yonng Men Repented.
- To the Editor of The Dispatch:
A few weeks ago It was announced, with a
great flourish of trumpets, that two students
of the General Theological Seminary of tho
Protestant Episcopal Church had renounced
the faith of their fathers and been received
into the Roman fold by the Paulist Fathers.
It is hardly a matter that concerns the gen
eral public, but as so much publicity was
given at the time to tho fact that tbey had
left the church vou will doubtless be willing
to give equal publicity to tho fact that both
young men have already had all they want
of Humanism, and have begged to be for
given and reinstated. Kindly publish this
and oblige, AV. X. AVkbbe,
Rector St. John's Episcopal Church.
Pittsburg, Juno 5.
A Prohibitionist Protest.
To the Editor of The Dispatch: ,
The accompanying petition and the Gov
ernor's answer is forwarded you with the
request that it b6 published Inyour columns.
H. D. Pattos.
Laxcasteb, June 1.
To Mb Excellency. Robert E. Fattlson, Governor
of Pennsylvania
Honorable Sib The undersigned. Chair
man of the State Committeo of the Prohibi
tion party of Pennsylvanla,earnestly invokes
the exercise of the veto power, lodged with
you by the Constitution of the State, In part
for protection against unwise and unfair
legislation by the Senate and House of Rep-,
rescntatives, and asks that the act known as
tho Baker ballot bill may not be approved
by you.
First Because ono provision of tho bill
denies citizens of tho Commonwealth free
dom of nomination, and, hence, voting for
candidates by any party name for public of
fice, unless such nominations arc first at
tested by three per cent, of the total vote at
the previous election.
Second Because, by another provision, no
nomination for any office can be recognized
nnd placed on the official ballot, or counted
or returned, unless said nomination shall
first have been petitioned for by one-half of
1 percent of the total vote.
Third Because anotherprovision requires
that certificates of nomination shall be filed
with the Secretary of the State 56 davs be
fore election and nominating papers 19 days
before election. ,
Fourth These several provisions of the
Baker ballot bill are a denial of the free ex
ercise of the rightsconferred by Article L
Koetinns 2 and 5. nnd Article 8. Sections 1 and
I of the Constitution, and are unjust and op
pressive.
Fifth The provisions of the Baker ballot
bill are now In the legislative history of the
State, and can serve only to open the door
for partisan mischief, destructive of public
interests.
Sixth In common with general public
sentiment, the voters whom I have the
honor to represent desire the election laws
improved, so that a free ballot, uninfluenced
by improper motives or persons, may bo
cast.
Seventh Regarding the Baker ballot bill
as endangering, if not destructive, of the-lib-ertv,
property and lives of the people, I, in
the namo of the Prohibitionists of the State,
pray that you refuse to approve tho bill.
II. D. Pattoit,
State Chairman of the Prohibition Party in
Pennsylvania.
Commonwealth op Pessstlvauia,
Executive Chajibkb,
H Aimisnur.G, Pa., Jnne 3.
II. D. Patton, Esq.. Lancaster. Pa. :
Mr Dear Sin I am. directed by Governor
Tattison to acknowledge receipt of your let
ter of the 1st Inst., relative to the bill provid
ing for a constitutional convention, and to
state to you that he has noted your sugges
tions relative to tho same, as well as to tho
Baker ballot reform bill, and he will bo
pleased to give them due and careful con
sideration andnttention. Yours respectfully,
IL D. Tate, Private Secretary.
The Plag We Revere.
To the Editor of The Dispatch:
Please give mo information about the cor
rect standard proportions of tho United
States flag. The length to the width, the
proportionate length and width of bluo
field, with correct number of stars. It 9eems
also there are two standards, one for carry
ing in parades, etc., and another on masts
and public buildings. If so, please state
proportions of each. The Lotus Club.
Pittsbuko, Juno 5.
Kone of the authorities at hand give any
regulation dimensions for tho United States
flag. Since 1S1S the national flag has con
sisted of 13 horizontal stripes (representing
tho 13 original States of the Union), seven
red and six white, placed alternately, with a
blue union having displayed on it one white
five-pointed star lor each State in the Union.
As new States are taken in new stars are
added last year four. Tho sizes of flags aro
regulated by their use. In tho United States
navy admirals' flags are blue, with four,
three or two stars, according to rank. Tho
revenue flags dilTer in design from the na
tional standard, as do regimental colors.
Garrison flags, of large proportions, to be
displayed on occasions of national import
ance, are furnished to the principal military
posts. Good taste probably regulates the
size of tho various flags.
Better Consult Tour Physician.
To the Editor of the Dkpatch:
"Will you kindly inform me what Is used to
raiso a "blister" on any part of the body,
which would not be injurious, but would re
move the skin where applied and leave no
marks after a new skin has grown.
1'ITTSBURO, d Une O. JtOEERT U. JJ.
There "Would Be Another Trial.
To the Editor of the Dispatch;
If I be charged with murder in Pennsyl
vania, ha ve'a trial withajury, which fails to
agree on a verdict and tho judge discharges'
tho jury, do I go free or do they empanel a
new jury! II. S.
SIORGAKTOwir, A Va., Juno 1.
Land In Arizona.
To the Editor of The Dispatch :
Who should I write to for information
about taking up land in Arizona.
A Reader.
East Liverpool, June L
You can secure the desired information
by writing to the land office. Department of
the Interior, Washington.
New York Is the Nearest.
To the Editor ofThc Dispatch:
To settle a question state if parties can get
married in any State bordering on Pennsyl
vania without a marriage license, and which
is the nearest to this place J. ILD.
Gueessbcbo, June 2.
At Any Police Station.
To the Editor or The Dispatch:
Please inform mo through your paper
where a person can obtain a dog license.
FiTTSEOiiG, June5. J.
SUPERINTENDENT WARNER, of the
Workhouse; "Warden Wright, of Riverside
Penitentiary; Judge Ewlng and Thomas SL
Marshall contribute to a symposium to be
published In THE DISPATCH to-morrow.
Portraits of each of these well-known men
will accompany the article.
IKON -VISITORS TO SAN FRANCISCO.
German Warships Bound for CliUe Stop for
Coal and Proi Islons.
San Francisco, June 5. A German
fleet of three corvettes, the Leipsic, Sophia
and Alexandrine, under command of Ad
miral Valois, which left Yokohama for this
port, May 3; arrived this morning.
The fleet is the first of the German war
ships to visit San Francisco for some years,
and is bound for the Chilean coast and will
coal and provision here, as well as take on
board supplies for German warships now in
South America.
A Suggestion.
If you are troubled with rheumatism or a
lame back, allow us to suggest that you try
the following simple remedy: Take a piece
of flannel the size of the two hands, saturate
it with Chamberlain's Pain Balm and bind
it on over.the seat of pain. It will produce
a jileasant warmth and relieve you of all
pain. Many severe cases have been cured
in this way. The Pain Balm can be ob
tained from your druggist. "VVS
Ohio Pyle, Pa.
The B. & O. It. li. will sell excursion
tickets to Ohio Pyle every Sunday during
the summer at rate of Si so the round trip,.
Train leaves depot at 8:15 a, m.
Men's white and fancy vests, at James
H. Aiken & Co.'s, 100 Fihh avenue.
Unexcelled for flavor Iron City
Brewery's Pilsner Beer. On tap in first
class bars.
Twenty thousand shades at a price, at
"Welty's, 120 Federal street, 6567, 69 and
71 Park way. tts
Mas. Winslow's Soothing Syrup for chil
dren teething gives quiet, helpful rest. '
MW TRIAL REFUSED.
The Hungarians Convicted of Killing
Michael Quinn Have
LOST ANOTHER CHANCE FOE LIFE.
Supreme Court Judges Decide Against, the
Braddock'Rioters.
YESTERDAY IN THE COUNTY COURTS
The Supreme Court has refused to .grant
the application for a new trial in the cases
of Andrew Todt, George Busnack and
Michael Sabol, charged with the murder of
Michael Quinn in the Braddock riots, which
occurred at the Edgar Thompson Steel
"Works last Jfcw Year's Day. There was at
that time a strike, among the employes of
one heating department of the works, and
the company was running short handed.
Most of the strikers were Hungarians. On
the last night of December they made a
raid upon the mill, but -were repulsed, and
at noon on the day mentioned they came
back again and chased the workmen away
from their places. Michael Quinn was an
old Irish foreman and would not leave his
work, and was attacked. He was severely
beaten and among other injuries received a
blow on the head which subsequently caused
his death.
The three men were convicted of murder
in the first degree on February 7. Amotion
was made for a new trial and heard by
Judge Stowe, who refused it. The motion
was argued at Harrisburg last Monday by
Thomas M. Marshall and Colonel A.
Blakely.
BAKT0K STBEET IS PUBLIC.
Judge Stowe Refuses to Keep the Telephone
Poles Away.
Judge Stowe yesterday handed down an
opinion refusing the motion to continue the
injunction in the case of E. M. Ferguson
against the Central District Printing and
Telegraph Company. The injunction was
to restrain the defendants from erecting
poles and stringing wires on Barton street,
opened by Mr. Ferguson through his land
for the use of abutting property, but never
.formally opened by the city.
Judge Stowe held, that under the act of
.June 6, 1836, all streets opened by private
persons for public use, or for the use of
owners of lots fronting thereon, of not less
than 20 feet in width, must be deemed as
fiublic highways as much as any other pub
ic highways in the city.
IK THE CEIMIKAL COTOT.
'Two Men Convicted of Robbing and One of
Them Also of Larceny.
In the Criminal Court yesterday John
O'Mara and Jud Skyles was convicted of
thejtheft of a coat from Emma Boos, of
Eiver avenue, Allegheny. O'Mara and
John Bums were also convicted of the lar
ceny of a gold watch and chain from Peter
Garvev.
Griffin and George Amalong, Hcnrv Har
per and Dick Kelly are on trial for break
ing into the house of Susan Pearce, of Eliz
abeth, and robbing her of 510.
FOXTE HOMICIDE INDICTMENTS.
True Bills Returned by the Grand Jury and
Those Ignored.
The grand jury yesterday returned truo
bills in four homicide casos. James E. Stew
art was indicted for murder for killing his
wife. He struck her with a lighted lamp
and she died from the burns. James Eoncy
was indicted for murder for tho killing of
Peter Tierncy. Matthew Bell, the colored
policeman, was indicted for involuntary
manslaughter for tho killing of Joseph Man
gcllo, an Italian, -whom he struck over tho
head while he had him under arrest. James
Scott was 'indicted for involuntarv man
slaughter for the killing of J. Haduackko.
The other truo bills returned were: James
Grogan, assault with intent to commit rob
bery; A. Bach, James Bryant, J. Kachufski,
Joseph Miller, II. M. JlcPhillamy, A. Per
rino, J. AV. Robtson, alias II. B. Gaul, George
Townsend, larceuy: J. M. Balr, embezzle
ment; F. Ilines, entering a building with
felonious Intent; Louis Williams, false pre
tense; William Beach, John Flannigan, R.
Reed. G. A Mc Williams, immorality: Will-
l iam McManigan, John Burns, entering &
rauroau car witn icionious intent; Louis
Bender, wholesale dealer, allowing liquor to
be drunk on the premises; E. Chambers, W.
B. Curry, aggravated assault and battery; J.
II. llcllusach, M. Hart, AVilliam Hays, Joseph
Yam, felonious assault and battery; J. G.
Gannon, AV. Hughes, T. Monigan, assault
and battery; W. -.Madison, malicious lnis-
rhief.
r. The 'following bills wore ignored: J. M.
jKiir, jarcunv oy uuuee; uames urossan, lar
ceny; Mary lloehn, assault and battery.
Next Week's Criminal Cases.
The following is the trial list for tho
Crimina.l Court for next week: Common
wealth vs. J. Fennessy, T. Taylor, E. Swan,
M. Dunshinsk, J. JIuldowney (2), R. John
son, F. Kenning, N. Wilson (2), W. Freeman
(2), J. Spencer (2), A. Davis (2), M. Billik,
Kate Sully (2), A. Franzki (2), .
(2), Louis Williams. W. T.
Win. Enright (2), Joseph Sunsey
J. T. Francis
Richardson.
Sunsev. Wm. Buck.
Arm. Kyan, F. Schmidt, Edward Tucker. J.
W. Robtson (2), W. Ilanahan, Edward Seil
man, James Murray, George Last, E.
Dramble, A. Klaran, D. Hadden, F.
Peters, E. Fierce, Julia Reymer, George
Tuttley, James Welsh, J. Hutchinson, T. H.
Davis, W. Hoffman, John Moore, R. Parr, M.
Broderick, AVilliam Conneley, It. AVhittock,
J. McKeever, 1 McGarren, P. Bowman,
James Burns, J. Anderson (2), AV. A. Smiley,
J. T. Barksdale (2), George Parker (2), Reu
ben Mears (2), H. Bui-ges, Fred Potts, J.
Blackstock, It. Emerson, J. Campbell, J.
Hoeker, C. Harbaugh, B. Harbaugb, AV.
Ltghtper, M. JIanning, R. McGirt, Bill Nailer,
Hobnail Rllcy, James Riley, Mary O'Connoll,
AVilliam Riley (2), J. Ganity, D. Graham, Ed
Coffee, Joshua Leech, George Schwartz (2), J.
Daley, Jr., H. E. Stukford (2), J. Campbell,
AAr. Buaful, J. AVolfe, Sr., Philip Salin, AVill
iam Coleman.
To-day's Trial List
Criminal Court Commonwealth vs Will
iam Adams, G. AV. Kirk, M. Blake, John
Craig, Jacob Cullcy (2), A. Falk, AVilliam
Hanlon, Philip Jacob, J. Kortz, Dora Men
inges James Powers, Raffelo Petuna.
Briefly Told Court News.
Geoeoe S. Osnpnx yesterday sued for dl
vorcofrom Maggie J. Osborn, alleging de
sertion. H. J. Roth yesterday received a verdict for
$23 in his suit against Henry Herr, an action
on a contract.
In the suit of C. L. Elliott against Philip
Bohlander, an action on a contract, a ver
dict was given yesterday for $165.
AVEumcr for the defendants was given
yesterday In the suit of J. E. Freshwater
against Sloano & McHvaine. an action on a
contract.
Is the suit of George J3mlth against the
Metropolitan Life Insurance Company, an
action on a contract for salary, a verdict was
given for $20125.
The suit of Thomas Boyd against the Glen
sha w Presbyterian Church, to. recover a feo
for preparing plans for a church" building, is
5n trial before Judge Ewing.
In the suit of M. B. Chaplin against E. Jen
nings, Jr., an action to recover the price
paid for a horse claimed to bo dofectivc, a
verdict was given yesterday for $150.
The case of II. Tv Stewart against Addison
Lyslo to cuforco the performance of a con
tract for the sale of coal land in Favotto
county was argued. Decision was reserved.
Mas. Emsa K. Hoehk yesterday received a
verdict for $1E3 50 in her suit against Mary
A. Hoehn and ex-Sheriff McCandless, an ac
tion for damages for an illegal levy and
sale.
WAKE3IAN is again tho guest of his
Rommany friends. Scenes In the Gipsy
camps described In his letter' for to-morrow's
issue of THE DISPATCH.
To the habitually constipated, your sure,
sale and in most cases' absolutely painless
remedy is Dr. D. Jayne's Small, Sugar
Coated Sanative Pills.
. THE. OIL PRODUCERS' AIM.
COLLECTING MONEY TO CARRY
.TIIEIR SEW ENTERPRISE.
ON
They Claim to Have Over Three Thousand
aiembers and Over Haifa Million Dollars
Paid In Personal Opinions Reports
From the ITIelds.
" The topic of conversation among tho peo
plo Interested in the oilbusiness is tlienctlon
of the producers' delegates at Bradford. It
i3the first step which the'producershavo
takon In which they havo publicly an
nounced their intentions. For a yearor more
they havo been reorganizing the-old Produc
ers.' Protective Association, and have taken
every possible means to throw around their
councils the utmost secrecy. They are now
coming boldly to tho front. They have
elected and published tho names of the men
who aro to lead tho now enterprise, and
have announced that they will apply for
charter for. a company with a capital stock
of$G00,000. Their scheme has been known to
all who follow the oil business forsomo time.
A business association of as many producers
aswilljoin the P. P. A. will be formed to
produce, pipo and rOfino its own oil, and the
profits will bo divided pro rata among the
members. s
Pittsburg Producers Aro Happy.
The Pittsburg producers wore beaming
smiles yesterday when asked about tho
present status ot the affairs of their associa
tion, and with faraway looks seeemed to see
visions of $2 oil and untold wealth. Most of
them were silent regarding the situation,
but a few were inclined to talk. Among the
latter was a producer from the upper conn
try who is close to the inner councils of the
P. P. A. Upon condition that his name
would ilot bo used ho mado tho following
statement:
"Since tho ice has been broken and the
producors are about ready to -go It alone, I
do not see any harm in giving you a few
facts. In the first place the P.P. A. was
never so thoroughly organized as it is now.
Missionaries have been at work among the
oil men for the past two years, and as a re
sult there are now about 3,500 oil producers
who aro members of that organization. This
yon will readily see Includes about D3 percent
of tho men engaged in tho business. The
great trouble has been heretofore that the
oil producers would never hang together.
An Unfortunate Fault Obviated.
That fault has lost them every enterprise
they ever engaged in, and this they now be
lieve to havo obviated. Every man who
now belongs takes tho most solemn oath as
a man to stand by the organization under all
circumstances. He also pledges lnmseirto
turn all of his oil into the lines of tho now
company as soon as it is ready for operation.
Now for another fact. There have been sub
scribed by these 3,500 men $1,600,000 to
carry out their plans. I know several
who have subscribed $25,000 each. Some
people might say It rs easy enough
to subscribe, but at the meeting in
Pittsburg about threo weeks ago, when P.
M. Shannon was elected trustee, it was de
cided to make an assessment of 40 per cent.
This has already been dono.and the amount,
nearly $610,000, has been paid in. In 60 days
another assessment of 20 per cent will be
made and the other assessments will be lev
ied before the end of the year. They are so
situated now that thev must stick together,
or, as John Hancock said to the other sign
ers of the Declaration oi lnocpenaence;
Gentleman, we must all hang together, or
we will all hang separately.
The First Act on the Programme.
"About tho first thing which will be done
will be the erection of a couplo of refineries
near Pittsburg and the laying of pipe lines
into the adjacent oil fields. The next step
contemplated is a nipe lino to the seaboard,
and. one to the lakes. Cleveland has about
been decided upon as the northern point for
the latter. A refinery will be constructed
there and the refilled product shipped to
Chicago and the entire AVest. Tho rivers
will bo Used to get into tho Southern mar
kets from Fittsburg. As I have stated, every
man is pledged to turn his, oil into the asso
ciated company. If it is necessary to put
the new concern on a solid basis the pro
ducer must be satisfied to take 63 or 75 cents
a barrel for his oiland possibly much less.
At the same time the market nrice may bo
00 cents or $L That is the present status of
affairs as far a3 1 am at liberty to tell you."
Colonel Dwycr, of tho Kanawha Oil Com
pany, said: "It is simply a combination of
business men who are bent on makintras
much money out of their business as they
should do so legitimately. AVe did nofor
pnnlKn for the tnimose of fichtinc tho Stand
ard, but to carry on ol refining and producing I.
business. 1
The Octopus Has the Same Privilege.
"The Standard can do the same if it wishes.
There is room enough for all. Wo believe
we can get more money out of the business
by refining the oil ourselves, and have taken
this method to go about it."
Fred Fisher, of the Fisher Oil Company,
when spoken to on tho subject replied: "I
have been In the oil business 32 years, in fact
since I was a boy, and have seen several
combinations of producers go to pieces, but
I confidently believe that tho present one
will be a success. Thero are better men at
tho head of it than ever colore. Tho pro
ducers aro thoroughly in earnest, and al
though they have little to say to outsiders
are workinsr hard to accomDlish their aim.
AA'ebelievo we can get $1 50 or $2 00 for the
crude nnd besides make a good
profit on the refined. There are
plenty of London nndNewYoik capitalists
who havo-offered to build refineries and lay
ninp. Imp if we would onlvcuarantee to rive
them all the oil we produce. In several of
the European countries there-Is no duty on
crude, while there is on tho reflnsd. Thus,
you see, a bnrrel of crude In New York is
worth a barrel of refined. The crude can be
shipped into tho foreign countries free, bo
refined there, and the by-products will pay
for tho expense of refining."
Independent Producers Now United.
Captain M. Finegan, of the firm of Finegan
& Downey, said; "There is not a doubt but
that the producers are now thoroughly or
ganized, and all they need to do to" achieve
success is to stick toge'ther. Internal
troubles havo always broken upheirorgan
Izations in years past, but if they can only
be brought to work in harmony there is no
danger but that they will eventually get a
Detter r rico fortheir product."
AVilliam Guckert, of Guckart & Steel, re
echoed the sentiments of Captain Finegan,
and said that he had been loath to go into
the organization at first simply because the
producers, in all previous attempts of a liko
character, had allowed their associations to
disintegrate.
A. M. Todd, of Washington, who has been
attending the meeting at Bradford, arrived
in Pittsburg last night, but refused to speak
of the tuture plans of the trustees.
News From the Fields.
.The field reports yesterday were of an or
dinary character. No big wells were re
ported, but several small ones camo in.
Operations at WUdwood.
AVilpwood Griffith and the Forest Oil
Company's Ringeneisen No. 9 is 20 feet in tho
sand and showing for 75 barrels a day.
Their No. 8, on the same farm, is 18 feet in
the sand and looks like an 18 or20-barrel well.
Evans Mandeville's well, on the- Marks
larm, is 18 feet in tho sand, and showing for
about 20 barrels a day. In this and the.
Ringeneisen No. 8 a better pay is expected
farther in the sand. Griffith and tho Forest
Oil Company's Nos. U and 15, on tho AA'hite
sell, will bo in the first of next week. Their
No. 15, on the same larm, is in the hundred
foot. AA'atcrhonse & Co.'s No. 2, on the
AVhitesell, is expected to reach the
expi
Biack
Eay Tuesday. Biack jc ixi.'s well, on the
uff is down 1,200 feet. They havo com
menced building a rig on the Foy. Bowman
and the Augusta Oil Company's No. 3 AVhite
sell is making 30 barrels an hour. Theyaro
recasing their No. 4 in the hundred foot and
Finegan & Downey havo a flslilngjob on
handat their No. 4 Jtend. The cable broke.
and the tools an4 1,800 feet of their cable are
in the hole. In trying to get the tools out a
spear caught thecaslng and broke off several
hundred feet of It. The casing will all havo
to be pulled out.
t A Dry Hole at Moon.'
Moos The Kanawha Oil Company's No. 2,
on the Meeks, is dry. It will be drilled to
the gas sand. Their Onstott No. 1 has been
packed and cleaned and is making 100 bar
rels a da v. They are building a ng for tho
Onstott No. 2 and for Hood No. 2, and havo
commenced spudding at Meeks No. 4. The
Hervev Oil Company's Linton No. 1 and Goss
No. 2 are in the sand.
Tho DIcCnrdy PooL
McCurdt Patterson & Fall's well on the
old -Harbison farm is making 50 barrels a
day. The Orion" Oil Comcany's Bell farm
well is putting SO barrels an hour In tho
tank. Mellon's Scott No. 4 ia In the sand and
showing for a fair weU.
Tho Drightwood WeU.
BitionTSwooD Finegan & Downey are down
250 feet on the Sipe farm.
Around McDonald.
McDoifALD Station Finegan 4 Downey
are down 1,150 feet on the Mangot lot, and
300 feet on the Eobb farm. Barnes Co.
have commenced to rig up on the McQultty
farm.
The Elizabeth Gasser.
West Elizabeth Guckert' & 'Co. havo
drilled tho Biggorton-faftn -well, just back of
this place, to 2,583 feot, and have struck a
heavy gas vein. J.t has apressuro of nearly
600 pounds to tho inch. The well was. com
menced four years agb. It is four miles
southwest from tho Edmundson farm well
Butler County Work.
Peteiisviile Guckert & Co. have ceased
their Humphrey No. 8, and will havo the rig
for No. 7 up Monday. They have a rig coro
pleted for tho Bolton No. 8, and aro building
a rig on tho Nesbit and one on the Duncan
farm.
Personal. '
James Broder, a McKean county producer,
nnd the Mayor of Bradford for several
terms, was in Pittsburg yesterday.
w. i. tJiacK, oi tne nrm or Emerson
&
.Black, has returned from a trip to Titus
ville. F. H. Taylor, of tho producing firm of Tay
.lor & TOrrey, of Oil City; Is at the Seventh
Avenue Hotel.
AV. F. Clark, the President of the South
Fenn Oil Company, arrived in Pittsburg last
evening, from Oil City.
Testenlay's Local Features.
Abidof70Jc for July oil was the only
market yesterday. Refined was unchanged.
Average dally runs, 83,912; average daily
fihinments. 90.024: averace da'ilv chnrters. 52.-
109. Tho strength of the last few days is due
to tho nroducers'
movement for an inde-
pendent marKet.
Tracy," AVilson & Co.,
...... -....a CQ nolle m
90 Fourth avenue,
CLEVELA'n, June 5. Petroleum easy: S. AT.
110, 6Kc; 74 gasoline, 8Jc; 86 gasoline, 12c; 63
naphtha. 6Kc
New York, June 5. Petroleum opened
steady, but gave way tinder pressure of a
few selling orders from the West, declined
ljc and closed weak. Pennsylvanla'oll
Spot, opening, 694; highest, 69J4c; lowest, 68c;
closing, 63c: July options, opening, 70"ic;
highest, 70Jic: lowest, 6Sc; closing, 6SJc.
Total sales, 210,000 barrels.
Oil. City, June 5. National Transit certifi
cates oncned at 7(fHci hichest. 70VJc: lowest.
69c; closed, 69!. Sales, ,63.000 barrels: clear
ances, 54,000 barrels; charters, L90. barrels;
shipments, 75,148 barrels; , runs, 92,102 barrels.
- WILLIAM E.S. FAXES, the veteran news
paper man and specialist in Chinese lore,
sends THE DISPATCH a letter from Amoy,
China, for to-morrow's big number.
ODL WELL SUPPLIES.
Artesian Wells.
For household and mechanical purposes.
Trices on application.
DAKHAGH PURE WATER CO.,
Ja31-43-D 107 First av., Pittsburg.
HAYS & TREES, Contractors
AVo make a specialty of building
NATURAL GAS HUES AND WATER MAINS.
Boom 410 Hamilton Building,
t
PITTSBURG, PA
Correspondence solicited. Telephone, 51.
my23-46-TTS
MM ENGINES
-AND-
The best Oil "Well Machinery In the
world. All sizes of Engines and Boilers.
Also all sizes Stationary Engines and Boil
ers, i "Write for prices.
Offices In Pittsburg, Washington and But
ler. Alwayi write or telegraph -to Corry
Office.
JAMES M., LAMBING,
SOLE AGENT, CORRY, PA.
Pittsburg office telephone No. 290,
mhS-D
RRY
BOMB
KENS
lib
"W TL
BECAUSE
sb
QUICK RETURN FOR MONEY-INVESTED NOW
IlsT LOTS .A.T
18 MILES FROM PITTSBURG, ON THE A. V. R. R.
Great Opening' Sale of Lots.
Special Train Leaves Union Station, Pittsburg, WEDNESDAY MORNING, June 10, 1891,
at 9:30, and stops at aH intermediate stations.
Ample shelter in case of rain. FREE TRANSPORTATION. No tickets needed on special train;'
, FREE LUNCH served on the grounds. . " '
SPECLAXj AJ3A.NTlGKES: .-'
Factories under contract to be in operation within 90 days.
A NEW CITY f ALUMINUM, CfLASS, IRON,
WITH MANUFACTORIES! STEEL, CASTINGS,WHEELS,
ALREADY LOCATED AND MORE TO FOLLOW.
DOES NOT Healthful Location, Good Drainage, Graded Streets, Wide Sidewalks, Level J J J J
O ' O O Lots large and small, Cheap Fuel, Spring Water, Natural Gas, Cheap Coal
i i AND 28 TRAINS DAILY TO AND FROM PITTSBURG CONVINCE YOU
That Kensington-is the
IKAliN
SCHEDULE J 9:30 A. m. No tickets required j For Free Tickets apply in person or by mail to
THE BURREL IMPROVEMENT COMPANY
Free Transportation. Dinner Served Free.
Ample shelter in case of rain. Pittsburg, Pa, ':
Books will be open at General Office for five days preceding June 1 o, 1891 (date of opening sale), for the pur-".
f)ose of giving intending investors in opportunity to secure a choice of lots on day of sale. A payment of $25 on each
ot (which will be credited as part of hand money), will secure registration of your name, and will entitle you to choice' 1
of lots according to number -of receipt given or mailed you. Names and number will be called at Kensington.Mn
numerical orcTer' on day of. sale and lots then, chosen will be marked off as:SoId. - C-1
ODL WELL SUPPLIES.
M. V. TAYLOR,
The Celebrated
ALLISON" TUBING AND CASING
'ALWAYS IN STOCK.
ROOMS 35 and 36 Fidelity buildin". Phone
797. my7-D
k
FORGE AFJD 1C1E SHOP
AND MANUFACTURERS OF
Oil and- Artesian Well Drilling
and Fishing Tools,
Corner Twtnty-Hrit Street and A. V. R. X
Telephone No. 1222.
PrSTSBUEG. PA.
tal-3-D
OIL WELL SUPPLY CO,,
.LIMITED,
91 and 92 Water Street,
PITTSBUBG, PA,-
no&S-TTS-zosa
STANDARD OIL CO.,
PITTSBURG, PA.
BRANCH OFFICES:
Standard Oil Co., Wheeling, W. "7ft,
Standard Oil Co., Cumberland, Md.,
Standard Oil Co., Altoona, Pa.,
Capital City Oil Co., Harrisburg, Pa.
Wo manufacture for home trade the finest
grades of lubricating and Illuminating oils.
Our facilities are such that our statement
that we furnish all oils standard for quality
everywhere cannot be disputed.
OUR REFINED OIL LISTS
AVater White, 150.
Prime AVhite. 150.
Standard White, 110.
Ohio Legal Test.
Ohio AVater AVhite Legal Test,
Camadine (red), 150 Test.
Olite, 130 Test.
OUR NAPTHA LIST:
Deodorized Naptha for Tarnish makers,
painters and printers.
Gas Napthas for gas companies.
Deodorized Stove Fluid for vapor store
burners.
Fluid, 74 gravity, for street lamps, burn
ers and torches.
Gasoline, 86, 88 and 90 gravity for gaa ma
chines. OUT. LUBRICATING OIL LIST
Includes the finest brands of
Cylinder, Engine, and Machinery Oils. t
Spindle, Dynamo, 300 Mineral Seal,
Neutral Oils, Miners' Oils, AVool Stocks.
Paraffine Oil, Paraffins AVax.
Summer and Cold Test Black Oils.
Signal and Car Oils.
Mica Axle Grease, Railroad and Mill
Grease and Arctic Cud Grease.
Where it is more convenient, yon may
order from our Branch Offices, from which
points deliveries will be made.
STANDARD OIL COMPANY,
for. Duquesne AVay and Eighth Street,
mvl9-D PITTSBUBG. PA. .
I UN MAKE
IT?
HOUSES, SHOPS AMD STORES
Sufficient to properly provide for 4,000 PEOPLE, surely guarantees a
E
place to MAKE MONEY in
MORNING, JUNE io, 1891,
5JtJiiULA.L.
NSI
N
XEW ADTEKTISE3IENTS.
HERE IS THE LATEST!
VEVAY-trimmed:
in all the-most desirable shades white, pink, light blue, mais, lilac, gobelint
old rose, mousse, cardinal, brown, coral, etc. This ribbon is selling all over
at 38c per yard; "our price is 23c It is-of this season's manufacture and a
first-class ribbon In all respects. Send for samples and. make comparison.
The display of fWers-here is the largest and most select in the city.
The stock is replenished daily, and includes many exclusive novelties.
Thisdes, pompons aigrettes, quills, chrysanthemums, clover and morning
glories in choicest shades.
ITS, TOQUES Ai BONNETS.
For fine Millinery at moderate prices this establishment has long been
the recognized headquarters. This season Ave are as heretofore abreast of all
competitors. Our line of hats, toques and bonnets is complete, and every
shape on which Dame Fashion has set her seal of approval can always be
found here.
LEGHORN HATS: The nicest in the city at 50c, and the very finest
imported at $1 fs. Every quality between these prices in white and black.
TRIMMED HATS: The variety shoAvn is great, the stdck is strictly
fresh, and, what is more, there are no fancy prices to scare customers aAvay.
We can in all sincerity say to patrons and friends that the values offered in
our Millinery Department can't be duplicated in these two cities. Other
houses may advertise "clearance" sales, but when it comes down to-hard
figures our prices are invariably the LOWEST.
510-518 MARKET STREET.
SPRING SUlTBNQfc)!
Including the leading FASHIONABLE
PATTERNS for gentlemen. Imported and
domestic cloths. LATEST STYLES.
EL & O. P. AHLBRS,
MERCHANT TAILORS,
(20 Smlthfield street. Telephone 13S9.
ja28rrssu
EY
MON
It has all the elements that have made Pittsburg: RAILROADS,
RIVER, COAL, GAS and FOUR LARGE FACTORIES, which will
justify the employing at KENSINGTON of 1,000 WORKMEN,
WHO WILL SOON BE DEMANDING -
GTO
? If so, go on Special Train at
AND MAKE A PURCHASE.
REGULAR TRAINS. ,
io:io. A. M., i2:o P. M., 1:30
"- ""
96 FOURTH AVENUE,
the very lates
It's something
extremely com
fortable on the head. Altogether,
there's no more becoming shape worn
look at it both trimmed and un
trimmed all colors noAr in stock.
MAIJ HBOIS!
If in need of ribbons you'll consult
your best interests' by examining our
stock and prices Avithout delay. We
are selling -an excellent glace-ribbon
this week-at 25 c per yard that good
judges say is well worth 65c. Better
come soon. The shades are- all
choice, but this is too good a bargain
to last long.
ANOTHER SPECIAL! See our
full three inches Avide No. 22 pure
silk gros grain ribbon Avith safin edge
Je2-TTS3n
FEICKBROS.,
21 SIXTH ST.
SURGICAL INSTRUMENT
ESTABLISHMENT.
Specialties: Scientific fitting
of TRUSSES, appliances for
DEFORMITY and ARTIFI
CIAL LIMBS. Largest stoCS
of surgical Instruments, in
AVestern Pennsylvania. Large
Illustrated catalogue free to
mhlS-59-Trssu
physicians.
9:30 WEDNESDAY
P.M., :: p.
M.
-www
.'..-9-""
""l
Thb cut represents
style of HAT out.
entirely new, and is
FOB
N,
i
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Jw
Mit
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' - - iii
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