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THE PITTSBUBG DISPATCH, MONDAY," SEPTEMBER 14, .1891.
j
BISKS MUST BE EM
In All Stock Speculation, if Success
Is to Be Expected.
THE DANGERS OP BLIND CHANCE
'i'o
Kcctless and Ignorant Operators Are
Soon Experienced.
EEAL CAHTAI- IS WHAT IS XECESSAKT
fSrtCIAI. TIXEGKAM TO THE DISPATCH. 1
Xew York, Sept. 13. Matthew Marshall
reviews the financial and speculative situa
tion for to-morrow's Sun as follows:
There Is no disputing the fact that the
mass of operators and brokers on the Stock
Exchange have made up their minds that
the recent advance In stocks is going to he
maintained, and that prices are hound to go
much higher than they arc now. Still, they
have their misgiving, which shows itself in
their impatience with the expression of a
contrary view - Even much mild suggestions
of a possible disappointment of their ex
pectations have been received with some
thing very much like anger, and only this
last week I have been twitted by more than
ono or my friends with what ther are
pleased to call the failure of my prophecies,
weeks ago, in regard to the market.
Considering the aains I always take to
cxnres my opinions modestly, and to give
the grounds for them, so that my readers
mav be able to estimate their value for
themselves, 1 think it is veiy nnkind to
poke fun at me when events do not cor
roborate my Judgment.
LESS GROUND FOR JOKING.
In the present case there Is less ground
thaninany othcufor making merry at my
expense, since my forecasts have been con
fined to saying that there was an overstock
of new fecurities on sale, which would
probably have to be reduced in Drice to I
attract purchasers, and to doubting the im
mediate realization of the good results
almost universally expected from our
abundant harvests" in the shape of copious
arrivals of gold and ot large orders from
Europe for the purchase of out securities.
A little gold, it is true, has arrived, or is on
its way, and it is averted that London
operatoi s are buying our stocks and bonds,
but for the lRSt few clays a halt has occurred
in the upward movement and the entire
list or speculative fancies closed on Satur
day at :i marked decline fiom the highest
point of the week. It is too soon, therefore,
to eav that my judgment uns entirely wrong,
and it may j et prove to have been substan
tially correct.
no bold srrctriATiov.
The feature of the present situation which
strikes me as more noteworthy than the
scattering advance of particular stocks. Is
the absence of any prominent and trusted
leader of speculation for a rise. Conse
quently operators are acting each for him
self, and with the timidity and hesitation
which mark the individual who does not
feel tho encouragement of a crowd. Few
men have confidence enough in their own
judgment to buy or to sell upon that judg
ment alone They want somcuodj- to tell
them to do this or to do that, and as soon as
they have done It they -want that somebody
to tell them whether "to undo it or to let
it alone. Thev find it easy enough to buy,
but then, if what they have bought docs not
goup In price and thus confirm their good
opinion of it, and particularly if it falls ever
so little, they become nervous and discour
aged. A bold, self-reliant man, therefore, who
will take old of stocks courageously, and
not hesitate to advise evcrvbodv to do the
ame as he doe--, and who will hold the mar
ket up by main strength for a few days.mav,
in cirenmstrnces like tho present, confi
dently reckon upon securing a following
which will carry prices up and up, until on
tho momentum thus acquiiedhe can sell out
nnd leave his following to take care of
thcm--cl es.
ms puorrrs are stjbe.
Of course, as soon as they discover that he
has deserted them they become panic
stricken and tumble out their purchases as
recklessly as they bought them, but in tho
meantime tho market has had its boom and
the manipulator of the boom has gathered
in his pioflts. I have seen no indications of
anv t-uch performance latoly, and for that
reason I do not believe th.it the recent ris
is going to develop immediately to a wild
rush.
Indeed, I rather think that pretty much
evcrj bodv who was disposed to buy stocks
for a rise has already bought all he can, and
is now waiting for other buyers to come in
and take his purchases off his hands. There
Is a story ot a schoolmaster in a Gorman vil
lage who persuadedall tho people in it to
follow him to the top of a high hill one night
when the moon was shining brightly in tho
heavens for the purpose ol all shouting to
gether, and thus making the man in the
moon hear them and shout back. He gave
the signal for the united outcry, but, to his
disgust, 't w.ts followed bj- absolute silence.
Kverv one of thp crowd had listened to hear
his neighbor hhout, and no ono uttered a
sound himself.
1'os.sibly the crowd who have lately been
During stocks in all street mav, like the
German villagers, bo waiting to hear from
their neuihbon., and thus there will be quiet
where lively excitement has oeen expected.
KIlA.Ii CAPITAL NEEDED.
Whatever fluctuations in prices may be
brought about by gambling purchases and
sales, nothing can obliterate the everlasting
truth that a healthy and nennauent advance
in financial securities can be produced only
by a surplus of real capital seeking Invest
ment, just as a permanent depression is
caused only bv a deficiency of such capital.
It is an equally incontrovertible truth that
the market price of a security will in
evitably be decided in the long run by the
amount and the certainty of the income it
j Jelds.
It is tho investor who ultimately Axes the
value of an investment, hile the speculator
who seeks to anticipate his judgment by
buying or selling on tho hazards of an un
known future docs so at tho peril of failing
to secure the approval of the investor's
judgment at tho last. Many men have been
sagaciom enough or lucky enough to buy at
low prices apparently worthless securities,
which have subsequently pioved to be valu
able as Interest or dividend payers, but
until the event confirmed their good opin
ion, they weie at best only skillful specu
lators. As to tho mass who buy and sell as the
whim takes them, or because they are told
by other people to buy or to sell, they might
better stake their money on cards or dice.
The operation would be much more quickly
performed, and with less cost for cammis
hlontand interest.
SPECULATING OS KISK.
Now it Is possible, for example, for an out
sider, not familiar with tho railroad busi
ness In general and with the business of
each railroad in particular, to Judge intelli
gently ot the value of Atchison, or Erie or
Union Pacific stock. He maysaythnt tho
earnings of these companies, owing to the
good crops, are likely to be very large the
next few months, but suppose they are. The
crops next year may be as bad as they were
last vcar and what then! TTiiIasq tho mirn-
cates of higherprices are prepared todemon-1 '
Millie utiii wv imve eumreu upon an era ol
prosperity hich is to last, not one or even
two years, but a frerici of years, they are
building upon saud. The investor is not go
ing to come in to take their purchases off
their hands until he sees more clearly than
he can see now that ho Is making a good
bargain.
I do not deny that a certain amount of risk
and certain fluctuations of value are In
separable from even tho best investments.
Alter taking every precaution and making
every inquiry, a purchaser is liable to disap
pointment in the results of his best con
sidered action. Tho income he gets may nut
prove so largo as ho expected, nor the se
curity for it so good. Changes In the money
market, too, may compel him, when he
wants to sell, to accept a lower price than
he gave, and sometimes unfoieseen calami
ties may destroy the Investment entirely.
MUST ACCEPT RESULTS.
All these are contingencies which a rea
sonable man counts upon and in which ho
accepts tho outcome with resignation. He
had to do something with his money, and if,
after doing the best ho could, ho loses some
or all of it, he need not repine. But the man
who buvs a thing about which he knows no
more than that it sells for so much to-day
and that he hoped w ithout reason to sell it
fora little mote to-morrow, has no such
consolation.
The latest illustrations or tho risks which
buyers or speculation stocks unwittingly
take are the Union Pacific Railway Company
and Richmond Terminal Company. I ven
ture to say that not one in ten of the pur
chasers of Union Pacific a month ago knew,
what since moved to be the fact, that tho
Union Pacific Railway Company was then
in imminent danger of going into tho hands
of a receiver. The peril has been averted
for the present, but not completely, and, at
the best the company has secured only three
years' resnite. The stocc has, nevertheless,
risen four or five points, but why, I cannot
conceive Now, the Richmond Terminal
Company has suddenly been discovered to
be in a similar condition to the Union
Pacific It owes a floating debt of $9,000,000
and more, and it can only be saved trom a
receivership by the forbearance of its cred
itors, as tho Union Pacific was.
EFFECT OP THE THING.
The effect of this dlsolosure has been to
depress the company's stock, but, as usual, I
expect to see it rise again as soon as the Im
mediate danger has passed. How many
more corporations, largo and small, are in
the precarious situation In which the Union
Pacific and the Richmond Terminal have
been discovered to be, only events, will show.
Enough of theni are, at all events, in the
money market as borrowers to keep the
rates of interest well up, and the creditors
oruiany of them would much prefer to be
paid the principal, if they could get it, than
the interest.
Until these embarrassments are removed
there can bo no settled confidence In a sun
shiny mture. That they will be removed
ultimately, and that the proceeds of the sales
of our crops will be tho chief contributing
element, not only to this result, but to a
general business prosperity, is very proba
ble, but Rome was not built in a day, and
until chickens aro batched It Is not safe to
coun t them.
HOKSFOItD'S ACID PIIOSFHATE
Imparts New Energy to the Brain,
Giving the feeling and sense of increased
Intellectual power.
Clean, Fresh and Bright
Array of the latest and most popular fall
patterns in ladies' fine shoes. At 52 00, fine
kid, patent tip, button, long vamp, narrow
toe. See the ?3 00 shoes, perfect beauties.
See the f3 50 heavy soles, patent tips or
plain. Remember, these shoes are not an
old bankrupt or sheriff sale stock. But the
latest fall styles and patterns are awaiting
your inspection at Simen's, 78 Ohio street,
Allegheny, Pa. MTUTb.
Avonmore, on line of "West Penn Bail
road. The neerless manufacturing town of
"Western Pennsylvania- Great public sale
of lots on the property next Wednesday
morning, September 16. Free special ex
press train from "West Penn depot, Federal
street, Allegheny, at 8 o'clock. Free tickets
and plans from Jas. "W. Drape & Co.,
Agent", and Auctioneers, 313 "Wood street,
Pittsburg. D
Special Corset Bargains.
Large sizes French woven, oOc, worth
51 2o.
Odds and ends now 42c, were 51 00.
Odds aDd ends, finer, T.'ic, were 51 50.
Mad. Foys Improved, 1 00, were 51 23. .
Odd sizes, P. I). Corsets, 51 CO, were
52 73.
All well-known makes to be had here at
lowest prices. Kosenbaum & Co.
Every Boy Can Dress Well.
There's no reason why every hoy should
not be well dressed. "We sell boys' cassi
mere and cheviot suits, sires 4 to 14, at
51 50, 52 50 and 53 50; neat patterns, pleat
ed or plain.
P. C. C. C, Pittsburg Combination
Clothing Company, corner Grant And Dia
mond streets.
Protection.
The ordinary safe does not offer the pro
tection you should have for valuables or
papers. You can have that protection in
the 6afe deposit vaults of the Farmers' De
posit National Bank, CG Fourth avenue.
Boxes rented at 55 and upward. MWF
B. &B.
Head our column this paper.
Boggs & Buhl.
Beer is the unrivaled beverage of all
classes. The Iron City Brewing Co.'s
"Pilsner" brand is of superior quality.
Best dealers keep it Telephone 1186.
Summer
Weakness
Sick Headache, Indigestion
Loss of Appetite
Nervous Debility and
That Tired Feeling
. Are cured by
Hood's
Sarsaparilla
f-77&L
AETIST AND PHOTOGRAPHEB,
16 SIXTH STREET.
Cabinets, $2 to $4 per doner.; petites, SI per
dozen. Telephone 1751. apS-73-xwi-su
AMUSEMENTS.
PAIN'S LAST DAYS
OF-
D
I
RECREATION PARK,
' ALLEGHENY,
TUESDAY,
THURSDAY and
SATURDAY.
This will be the last oppor
tunity of witnessing this marvel
ous production.
NEW SPECIALTIES !
EXTRA GRAND
HUB !
seH-11
D
UQTJESNE
nttsuurc's Leading Theater.
All this week MARK MURPHY in
"O'DOWD'S NEIGHBORS "
Wednesday nud Saturday Matinees.
lyJ!
Next week "A Fair Rebel
seU-31
fh
1
NEW ADVERTISEMENTS.
.sj'-ws
JACKSONS.
STUDY
YOUR
OWN
INTEREST.
WG8lKBUE38Stf
When daylight is not scarce,
it is absurd to be in darkness.
If you make your purchases
at the right place you can't
make mistakes; if you make
them at the wrong place you
can't make anything but mis
takes. JACKSONS' is the
place, and no mistake about
it You may have a regard
for other people's interests,
but you certainly cannot be
expected to neglect your
own. IT IS TO YOUR IN
TERESTS that we are ap
pealing, and nothing appeals
to them more directly than
our OWN HOME-MADE
CLOTHING. They are at
the top of the ladder of
quality, and at the bottom of
the ladder of price, as the
mark on every garment
proves conclusively. We call
special attention to our line
of suits at $10, $12 and $15;
our lines of Home-Made
Overcoats, mark well the
mark $8,$io, $12 and $15;
our Fall line of Trousers, $2,
$2.50, $3 to $4.50. In our
Tailoring Department we are
very busy, and no wonder;
the styles for this Fall are
superb, the prices moderate.
We are making to order
Suits as low as $20, Over
coats to order as low as $18,
and handsome trousers to
measure as low as $5 per
fect fitting garments, war
ranted. FOR STYLISH
HATS, Headquarters. Every
style of Derby in the market
is here; prices below the low
est. Men's Furnishings of
every description. Under
wear and Neckwear our lead
ers for this week.
954 and 956 LIBERTY ST.
Home-Made Clothing, Custom
Tailors, Hatters and Men's
Furnishers.
sel3-85-Mwrsu
AMUSEMENTS.
TO-NIGHT.
Regular Matinees WED. AND SAT.
THE GORMANS MINSTRELS.
First Floor,5oc, 75c, j 1 Reserved.
Dress Circle, 250,500, 75c Reserved.
Gallery, 15c. Admission, 50c.
SPECIAL PRICES Wednesday
Matinee:
First Floor, 50c Reserved.
Dress Circle, 25c Reserved.
Next Week EFFIE ELLSLER In REPER
TOIRE. selS-113
THEATRE
TO-NIGHT.
GUS WILLIAMS
IN-
KEPPLER'S FORTUNES.
Sept. 21 "THO High Roller. scH 21
H
ARRY WILLIAMS ACADEMY.
To-night, Matinees Tuesday, Thursday
unu outuruay.
LESTER & WILLIAMS'
London Specialty Company.
A show for jaded people. se3-51
HARRY DAVIS' FIFTH AVENUE
MUSEUM-THEATER.
Matrimonial contest, open to all. THE
SKELETON DUDE WOOING A BRIDE this
week. Admission 10 cents, children 5 cents.
1 to 5; 7 to 10 p. M. sell-9
E&
new advertisements;
,
Jt Why shouldn't shoes be cheap nbw? with leather 15 per cent lower
than ever before and 17 immense shoe firms failing, involving over 10,000,
000 during 1891. We don't have to pay so much.
Laird's Cash, Purchase.
Special $100,000 Sale
Elegant Footwear!
20 to(4o per cent below regular prices.
EVERY PAIR WARRANTED PERFECT.
$2.90-SPECIAL FOR MEN -$2.90.
$2.18, $2.48 AND $3.90.
1,200 pair Gents' Elegant Fine Calf Lace and Congress, tip or plain,
single or double soles elegantly fitted; latest style; sizes and half sizes; all
widths. Your choice only $2 90, regular prices $4 00 to $5 00.
1,850 pair Gents' Genuine Kangaroo Lace and Congress; new goods;
latest styles; perfect fitting, very choice, only $2 90 a pair, worth $5 a pair
regular.
900 pair Gents' Fine Patent Leather Shoes at $2 90, $3 90 and $4 90 a
pair, wortti regular 5, 0 ana 7 a pair.
1,640 pair Gents' Fine. Calf, Dongola and Kangaroo Shoes, tipped or
plain, single or double soles; very latest styjes: perfect fitting; all seamless
and silk stitched. Only $2 18 and $2 48 a pair for choice, worth at least
$1 a pair more than we ask for them.
$2.90 Special For Ladies-$2.90.
$2.18, $2.48 AND $3.90.
Every pair warranted perfect.
1,500 pair Ladies' Finest French Kid and Dongola Button Boots, flexible
soles; hand sewed and welted; tipped or . plain; common sense or opera
lasts; full sizes and half sizes; widths from AAA to EE; perfect fitting;
very latest styles; worth regularly $4 to $$, now selling at $2 90.
1,700 pair Ladies' Fine Dongola Kid Button Boots; full sizes and half
sizes; widths from AA to EE; common sense and opera lasts; silk stitched,
flexible and very fine; perfect fitting; worth anywhere 3 to $4, your
choice $2 18 and $2 48.
BOYS' AND GIRLS' SHOES!
SUMMER STOCK AT BARGAIN PRICES.
Lightweight Rubbers and Gum Boots.
LARD'S
406, 408 and 410 J BARGAINS "I 433 Wood St.
Market St. LBOTH STORES J Entire New Stock.
WHOLESALE
DOUGLAS & MACKIE.
Special Prices This Week in Blankets, Comforts and Flannels.
IBL.A.ILSriKIETS..
All-Wool Country Blankets, white and scarlet, at ?3 50, 13 95,
S4 25, 4 CO, f5 and upward.
OOMPOETS.
In Print, Oil Chintz, Satine and Cretonne, cotton and wool-filled,
at 65c, 75c, 87c, 51, JX 25 up to Si
ZrTLEsriDTIEir.S-
All-wool barred and striped Country Flannelrat 25c, 28c, 30c, 35c and 37c.
Also, a large variety of White, Scarlet, Blue and Fancy Flannels at prices ranging
from 12Kc to 75c.
Large assortment of Show and Feather Pillows, Feathers, etc, at money-saving prices.
DOUGLAS & MACKIE,
151, 153 AND 155 FEDERAL ST.. ALLEGHENY.
STEAMERS AND EXCURSIONS.
-TTTmTE STAR LINE
VV- For Queenstown and Liverpool.
Royal and United States Mail steamers.
Germanic, 1?ept. 16. 5 a m Germanic, Oct. 14, 11 a m
"Teutonic, Sep.23,9:30 a m Teutonic, Oct.21.8:30 a m
llrltannlc, Sept. 30, S a in Britannic, Oct. 2S, 10 a m
Majestic. Oct. 7,8:30am 'Majestic. Nov. 4, 7 am
From White Star dock, foot of Wet Tenth
street.
Second cabin on these steamers, fialoon
rates, $50 and upwards. Second cabin $33 and
$40. Excursion ticlcets on favorable terms,
fateerage, irom or to old country, $20.
White Star drafts payable on demand In
all the principal banks throuzhout Great
Britain. Apply to JOHN J. MoCORMICK, 639
and 401 Smitlifleld st., Pittsburg, or n. MA1T
LAND KERSEY, General Agent, 29 Broad
way, New York. se4-D
ANCHOR LINE.
Steamers Leave New Yorlc Every Saturday
For Glasgow via Londonderry.
Bate for Saloon fassase 450 and upward, according
to accommodation and location of room, becond
Cabin. f30. steerage 119.
MEDITERRANEAN SEKVICE-New York to Gib
raltar and Naples, bteamers at regular Intervals,
Cabin rassage, jsi h jiuu.
Passengers booked at through rates to or from any
cltv in Great Britain or on the Continent,
Drafts on London Sold at Lowest rates.
Book or information, tours and sailing lists fur-
ni.liAil An annllAiitlrin tr t iranro
UTDiiT-u U UUIIHVUUWU W S.JtUt0.l
PTHJiKS, 7iJ0wilne Gn
burg: 1". M. SEMPLE, 110 Federal Bt., Allegheny.
apJS-ll-Mwr
CIDER VINEGAR
-ASD-
PURE SPICES.
GEO. K. STEVENSON &CO.,
SIXTH AVENUE. au21-atw
SHOE STORES
AND RETAIL.
selS-uwrsn
STEAMERS AND EXCURSIONS;
CUNABD LINE-NEW YORK AND LIVER
POOL. VIA (JUEENSTOWN-From Pier 40,
North river: Fast express mall service. Gallia.
September 16, 3F. M.; Umbrla, September 19, 6 a.m.;
Servla,Scptember28, U M.; Bothnia, September 30,3
p. M.: Etruria, October! 5:30 A. M.; Auranla, Oc
tober 10, 10 A. M.; Gallia, October 14, U.K.: Um
brla. October 17, 6:30 A. M. Cabin passage-S60 and
upward: 'will not carry steerage: according to loca
tion; Intermediate, J3j. Steerage tickets to and
from all parts of Europe at very low rates. For
freight and passage apply to the company's office,
4 Bowling Green, New York. Vernon 11. Brown &
Co., J. 5. MCCORMICK, 639 and 401 Smlthfleld
street, Pittsburg. seU-D
ALLAN LINE
ROYAL MAIL STEAMSHIP?.
Glasgow to Philadelphia,
VIA DERBY and GALWAY. The most direct
route from Scotland and North and Middle of Ire
land. ACCOMMODATIONS UNSURPASSED.
Intcrmedlato, $30. " Steerage. $19.
CTATF ( SERVICE OF
''' fc AJL,IAI LUVB
LINE. ( s STEAMSHIPS.
NEW YORK AND GLASGOW,
via Londonderry, every Fortnight.
Sept. 17, State of Nevada, 2 p. ai.
Oct. 1, State of Nebraska, 8:30 ArM.
Oct. 13. State of California, 1 p. m.
CABIN , $35 and upward. Return, $63 and npward.
tipply to J. J.
rlttsburg.
MCCORMICK. 139 Smlthfleld street.
se4-D
DnnUJJV
L"'W KnnX
IflEURaTnUOliUIUnn.
Package makes fi gallons.
Delicious, sparkling, acd
appetizing. Sold bj U
dealers. .ft!a beautiful
Picture Book and cards
sent to any one addressing
O.E.HIRES4 CO..
PMl.rtAlnhl..
NEW ADVERTISEMENTS.
FALL STYLES
CARPETS
-AND
Wall Paper
In all the new choice styles and latest
colors at prices that will please you.
We have carpets from izc a yard
up to the finest Wiltons also, a large
stock of Wall Paper, Lace Curtains,
Curtain Poles, Window Shades,
Linoleum, etc. A special offer in
Lace Curtains; a lovely gilt-trimmed
pole given away with every pair of
Lace Curtains costing from $2 a pair
and up. Call and see our stock; it
will pay you.
136 fEDERAL STREET.
ALLEGHENY.
Jy22-jrw
CFIA-TZEIDTTS-
O. D. LEVIS, Solicitor of Patents,
131 Fifth ave., abovo Smlthfleld, next Leader
office. No delay. Established 20 years. ie3
OIL WELL SUPPIJES.
M. V. TAYLOR,
OIT WELL SUPPIIBS.
Tho Celebrated
ALLISON TUBING AND CASING
ALWAYS IN STOCK.
ROOMS 35 and 36 Fidelity building.
Phone 7D7. Jy25-1-D
11 & HOGHBS,
FORGE AND WHINE SHOP
-AND MANUFACTURERS OF
Oil and Artesian Well Drilling
and Fishing Tools,
Corner Twenly-nrs! Sirait and A. V. R. R.
Telephone No. 1222.
PITTSBURG. PA.
Jal-3-D
MAX ENGINES
-ANfe-
The best Oil Well Machinery In tho
world. All sizes of Engines and Boilers,
Also all sizes Stationary Engines and Boil-
ers. Write for prices.
Offices In Pittsburg;, Washington and Butler.-
Always write or telegraph to Corry
Office.
JAMES M. LAMBING,
SOLE AGENT, COEBY, PA.
Pittsburg office telephone No. 296.
mh5-D
STANDARD OIL CO.,
PITTSBURG, PA.
BRANCH OFFICES:
Standard Oil Co., Wheeling, W. Va.,
Standard Oil Co., Cumberland, Md.,
Standaid Oil Co., Altoona, Pa.,
Capital City Oil Co., Harrisburg, Pa.
We manufacture for home trade the finest
crades of lubricating and illuminating oils.
Our facilities are such that our statement
that we furnish all oils standard for quaUty
everywhere cannot be disputed.
OUR REFINED OIL LIST:
Water White, 150.
Prime White, 150.
Standard White, 110.
Ohio Legal Test.
Ohio Water White Legal Test
Carnadine (red), 150 Test
Olite, 150 Test.
OUR NAPTHA LIST:
Deodorized Naptha for varnish makers,
painters and printers.
Gas Napthas for gas companies.
Deodorized Stove Fluid for vapor stove
burners.
Fluid, 7t gravity, for street lamps, burn
ers and torches.
Gasoline, 86, 88 and 90 gravity for gas ma
chines. OUR LUBRICATING OIL LIST
Includes the finest brands of
Cylinder, Engine, and Machinery Oils.
Spindle, Dynamo, 300 Mineral Seal,
Neutral Oils, Miners' Oils, Wool Stocks.
Parafflne Oil, Parafflne War.
Summer and Cold Test Black Oils.
Signal and Car Oils.
Mica Axle Grease, Railroad and Mill
Grease and Arctio Cup Grease.
-Whero it is more convenient, you may
order from our Branch Offices, from which
points deliveries will be made.
STANDARD OJL COMPANY,
Cor. Duqnesne Way and Eighth Street,
my!9-D PITTSBURG, PA..
KAILROADS.
Trains Run by Central Tim.
1
COURT
BOILERS
Jf from Httabcrga Union Station.
Ii If ennsylvania Lines,
Southwest System-Pan-HjiidIeKat
Depart tot Columbus, Cincinnati, Indianapolis, St.
Louis, points intermediate and beyond: 2.10 a.Bk.
7.00a.m.,8.45p.m.,11.15pjn. Arrive tixxn sua
points: L05 a.m., 6.00a.m., B.oS pjn.
Depart Sat Columbus, Chicago, point intermediate
and beyond: 2.10a.m.f tl2-05 p.m. Arrive fcos
samepoints; 1.05 a.m.,t05 p.m.
Korthircflt Sy8m Fort Wayne Bonte
Depart lot Chicago, points intermediate ad beyond:
8.55a.m., 7.10 a.m., 12.20 p.m., 1.00p.ii., 111.20
p.m. Arrive from ume points : 1Z0S a.m., $1ZJ
a.m.. 6J5a.m.,6 00p.m., 6 50 p.m.
The Philadelphia and New York Zimi-l
departs for Chicago S.45 p.m. Arrives from Chicago
6.00 a.m.
Depart for Toledo, points Intermediate and beyond:
7.10a.m. 12J0p.ro., 1.00p.m.,tll.2)p.m. Arrive
from same points: J 12.40 a.m., 6.35 a.m., 6.00 p.m.,
6-50 p.m.
Depart for Cleveland, points Intermediate and
beyond: foMO a.m., 740 a.m., f 12.45 pjm,
11.06p.m. A rrive from same points: 6JJ0a,m.,
12.15 p.m., 6.00p.m., f7.00 p.m.
Pullman Sleeping Cars and Pullman Dining
Cars run through. East and West, oa principal trains
of both Systems,
Time Tablet of Through and Local Accommoda
tion Trains of either system,not mentioned abort, can
be obtained at 110 Fifth Avenue and Union Station,
Pittsburgh, and at principal ticket offices of the PcssV
ylvania Lines West of Pittsburgh,
Dailr. tEx. Snudaj. JEr. Saturday. IZx. Monday.
JOSEPH WOOD, E. A. FORD,
Smstu Kintgar, General tuMH(tr lfB,
' PlTTSBUBOB. PXNM'A.
NEW ADVERTISEMENTS.
ODT-DF-TOWN PEOPLE
1ISIIG THE PITTSBURG EXPOSITION
NEVER FAIL
K AUFM ANNS
And that's where our country cousins show their wisdom. The
nearer they come to our store the bigger get their dollars, and, when
they're once-fairly inside, every dollar of theirs assumes the purchasing
power of two. Our friends from Western Pennsylvania, Eastern Ohio
and West Virginia recognize the fact that when THEY PAY US A
VISIT, THE VISIT PAYS THEM. But this isn't all, for they save
not only money but time as well. Here, under one roof, can be found
everything, in the largest possible variety, to clothe man, woman and
child, from sole to crown", while our Mammoth House Furnishing
Goods Department supplies all the needs of house and kitchen. Then,
everything is arranged with a view to making shopping at our store as
pleasant as possible. After you have made your purchases you are not
bothered with bundles and packages. We will check them for you and
you can call for them when ready to leave the city, or we will send
them to any railroad depot in Pittsburg or Allegheny, or, if you prefer it,
we will
Express Them Free of Charge Direct to Your Homes,
Where you will find them on your return. In short, we will make your
shopping at our establishment not only a matter of profit for you, but
pleasure and comfort as well.
THAT BANKDUFT 911 IF SUES
Is Still Drawing Immense Crowds Daily.
And no wonder, for never since calf and kid furnished footwear for
the human race have sound, solid shoes been sold at such ruinously
low prices. They are the goods which, as nearly everybody knows, we
bought at the
Sheriff's Sale of Sclmiertz & Gos Stock,
Held in This City (43 Fifth Ave.) Three Weeks Ago.
All who yet intend to avail themselves of this GENUINE Bankrupt
Sale of shoes we would most urgently advise to come at once. Already
the sizes of some lines have become broken, and, in a few more days,
only odds and ends will be left. Be wise and come quickly.
KAUFMANNS'
Fifth Ave. and SmithfieldSt
ItAILBOADS.
PENNSYLVANIA RAILROAD.
Schedule ix effect 12.01 P. M.. Jclt 19. istt.
Trains will leave Union Station, Pittsburg,
as follows (Eastern Standard Time):
MAIN LINE EASTWABD.
New Yorfc & Chicago Limited of Pullman Vestibule
Cars dally at 7.15 A. M arrivlnc at Harrisburg at
1-65 P. M.. Philadelphia 4.45 r. M., New York 7.00
F. m.. Baltimore 4.40 P.M.. Washington S.55 P.H.
Keystone Express dally at 1.20 a. m., arriving at
HarrUburfr 8.25 A. M., Philaaelphla 11.25 A. M.,
New Tort 2.CP r. M.
Atlantic Express dally at 2.20 A. M., arriving at
Harrisburg D.20A.M.. Philadelphia 12.18 p. M..
New York 2.30 p. M., Baltimore 12.00 P.M., Wash
ington 1.03 P. M.
Harrlsbnrg Accommodation dally, except Sunday,
5.25 A. M., arriving at Harrisburg 2.50 P. M.
Day ExpreM dally at 8.00 a. m.. arriving at Har
risburg J.20P. M.. Philadelphia 6.30 P. M., New
York 9.35 p. M., Baltimore 6.45 p. M., Washing
ton 8.15 P. M.
Mail Express dally at 12.50 p. jr.. arriving at Har
risburg 10.00 P. M connectlngatHarrisburgwltb
Philadelphia Express.
Philadelphia Express dally at 4.30 P. M.. arriving
at Harrisburg i.00 A. M.. Philadelphia 4.25 A.M.,
and New York7.10 a. m.
Eastern Express at 7.15 p. M. dally, arriving Har
risburg 2.25 A. M., Baltimore 6.20 A. M., Wash
ington 7.30 A. M.. Philadelphia 5.25 A. J!., and
New York 8.00 A.M.
Fast Line dally, at 8.10 p.m., arriving at Harris
burg 3.30 A. M., Philadelphia 6.50 A. M., New
York 9.30 A. M., Baltimore 6.20 A. M., Washing
ton 7 30 A.M.
All through trains-connect at Jersey City with
boats of "Brooklyn Annex," for Brooklyn. i.Y.,
avoiding aouuie jernage auu jourucr turuugu
New York City.
Johnstown Accom., except Sunday, 3.40 p. M.
Greensbnrg Accom.. 11.15 r.M. week-days. W.30
P. M. Sundavs. Greensbnrg Express 5.10 P. M.,
except Sunday. Derry Express 11.09 A.M., ex
cept bunaay.
Wall Accom. 6.00. 7.30. 9.00, 10.30 A. 31.. 12.15, 2.00,
3.20, 4.55, 5.40. 6.25. 7.0, 9.40 P. M., week-days.
and 12.10 A. M. (except Monday). Sunday, 10.30
A. M., 12.25, 2.30. 5.30. 7.20 and 9.40 P. M.
Wllklnsburg Accom. 6.10, 6.40. 7.20 A. M 12.01,
4.0O, 4.35. 5.20. 5.30, 5.50. 6.10, 10.10 and 11.40 P. X.
Sunday, 1.30 and 9.15 p. M.
Braddock Accoin., 5.50. 6.55, 7.45. 8.10, 9.5a 11.15 A.
M., 12.30, 1.2), 2.50. 4.10. 6.0O, 6.35. 7.20 8.25, 9.00
and 10.44 P. M. week days. Sunday, 5.35 A. 31.
SOUTH-WEST PKNN BAXLWAY.
For Uniontown 5.30 and 8.35 A. M., 1.45 and 4.25
V. M. week-days.
MONONGAHELA DIVISION,
On and afteb Mat 23th. 1891.
For Monongahela City, West Brownsville, and
Uniontown 10.40 A. M. For Monongahela Citr
and West Brownsville 7.35 and 10.40 A. M and
4.50 P. M. On Sunday, 8.55 A. M. and 1.01 P. 31.
For Monongahela City only, 1.01 and 5.50 p.m.
week-days. Drarosburg Accom., 6.00 A.M. and
3.20 P. M. week-days. West Elizabeth Accom.
8.3S A. M., 4.15, 6.30, and 11.35 P. M. Sunday, V.40
V. M.
WEST PENNSYLVANIA DIVISION.
ON AND APTEK MAY 23tb, 1891.
From FEDERAL STBEET STATION, Allegheny
For 'springdale. week-days, 6.20, 8.25, 8.50, 10.40,
11.50. A. M., 2.25, 4.19, 5.00. 6.05, 6.20. 8.10. 10.30.
and 11.40 P.M. ounaays, is. ana w.ou r. ji.
For Butler, week-days. 6.55, 8.50. 10.40 A. at., 3.15
and 6.05 P. M.
For Freeport. week-days, 6.&. 8.50. 10.40 A. 31.,
3.15, 4.19. 5.00, 8.10, 10.30, and 11.40 P. M. San
days. 12.35 and 0.30 p. it.
For Apollo, week-days, 10.40 A. M.. and 5.00 r. jr.
For B&Irsvlllc, week-days, 6.55 A. M., 3.15 and 10.30
5-The Excelsior Baggage Express Company. win
call for and check Baggago from Hotels and Resi
dences. Time Cards and full information can be
obtained at the Ticket Offices No. 110 Fifth Ave
nue, corner Fourth ATenue and Try Street, and
Union Station. J. R. WOOD.
CHAS. E. I'UGH, Gen'l Pasa'r Agent.
General Manager.
THTT3B0RG AND CASTLE SHANNON B. .
Jl euminer nme xaoie. uo ana alter jane 7,
until further notice, trains will run as fol
lows on every day, except Bunaay. Eastern
standard time: Leaving I'lttsburg r25 a m, 7:15 a
m. 8:00 am, 9;35a m, 11:30am. 1:45pm, 3:35pm,
6:10 p m. 5:55 pm. 6;30pm. .so t m, ll:pm.
Arlington 5:40 am, 0;C0a m, 7;l0a m. 8:00 am.
10:25am, 1:00pm. 2:40 pro, 4flu pm, 5)0 nm, 5:53
tn, 7:15 p m, 10;30 pm. Sunday trains, leaving
ltuburft 10:00 am, 12:55 p m, 235 pro, 5:10 pm.
tjOpm. Arlington 9:10 a m. 12:10 p nr. 1:50 p a.
4i2 p m, 6-30D ai.
O.A.
.. jfcitfBinrs 1
. tfuU
McNAUGHER & CO.,
Contractors for
Fa-ring Sidewalks With Cement, Brick and
Fire Brick, Concreting Cellars.
43 FEDERAL ST.. ALLEGHENY, PA.
Curbstone furnished and set, anll-71-D
TO CALL AT
7
ItAILKOADS.
PITTSBUKt. A.Nu .... .1:1. itAILKOAD
COMPANY Schedule in effect Jane 14. 1S9U
central tlme-P. A L. E. it. R. Depart-For
Cleveland, 4:30, 3:00a. m.. '1:50. 4:20. "9:45 p. m.
For Cincinnati, Chicago and St. Louis. 4:30 a. m..
"laO, 9:4S p. m. ForButtalo, 8:00 a. m., 4:20, "ui
p. m. For Salamanca, '8.0Oa. m., '1:50, "9:45 p.m.
For Youngatown and New Castle, 4:30. 8:00, 9 AS
a. m.. lt50, 4:20, 9:45 p. m. For Beaver Falls,
4:30, 7:00, '8:00, 9:55 a. m., '1:50. 3:30, '4:20,5:31,
9:45 p.m. ForChartlers, 4:30, 5:30, 5:35, 6:55,
7:00, f:35, "7:50, 8:00, 8:45. "oao, 9:55 a. m., 12:10.
112:45. 1:30. 1:55. 3l30, 4:25, 11:30, 4:35, 5:20. 50,
16:25, '8:00. "!9:45, 10:30 p. m.
Arrive From Cleveland. 6:40 a. m.. 12:30.
5:40. 7:50 p. m. From Cincinnati, Chicago and
St. Louis. '8:40 a. m.. '12:30. 7:50 p. m. From
Buffalo, '6:40 a. m., 12:30. 10:0 p. m. From Sala
manca. '10:00 a. m.. 70 p. m. From Yonngs
town and New Castle. "6.40, '10:00 a. m., '120,
6:40. "7:50, 10:05 p. m. From Beaver Falls. 5:20.
6:40, 7:20, no:00a. m.. "12:30. 1:20, 5:40, VM. 10:0i
p.m.
P.. C. Y. trains for Mansfleld, 7:35 a. m.. 12:111
4:35 p.m. ForEsplenand Beechmont.75 a. m..
4:35 p. m.
P. C. i Y. trains from Mansfleld, 7:05, 11:53 a.
m. ,4:23 p.m. From Beechmont. 7:05. J1A1) a. nu
P., McK. & Y. K. R- Depart For New Haven.
T8:20, 10:10 a. m., "3:00 p. m. For West Newton.
1:20. 10:10a. m '3:00.5:25 p. m.
ARRIVE From New Haven, "9:00 a. m.. "S
p. m. From West Newton, 6:15. 9:00 a. m., '5.20
p. m.
For McKeesport, Elizabeth, Monongahela City
and Belle Vernon. '6:45, 11:05a. m.. 4:O0p. m.
From Belle Vernon, Monongahela City. Ellzabeta
and McKeesport. 6:20, 7:40 a. m.. 1:20, 4:05 p. m.
Dailv. luundays only.
City ticket office. 633 Smlthfleld street.
BALTIMORE AND OHIO RAILBOAD.
Schflnle In effect May 10. 1891. Eastern tlma.
.it ,, uuiuziun, v. Ki..
Baltimore. Philadelphia,
and New York. '3:1 a. m.
and "9:20 p. m.
For Cumberland. "8:15 a,
ok, $1:10. "9:20 p. m.
For Connellsville. ;40,
8:15 a.m.. $1:10. $4:15 anl
9 :20 p.m.
For Uniontown. $6:40.
8:15 . ra $i:io and $4:14 p.
m-
For ConnellsvlUa and
Uniontown, 8:35
Snnday only.
a t
11:10 and 14:15 T. m
For 'Washington. Pa,
730. $3:30. $9d0a.m
4.-00, $5:30. and -7:45
7:45p.m.
not Wl
heeling. $730, 53130. $9S0 a. m., '4.-00, -7:4J
For.Clncinnaa and St. Lords, "7:20 a. in. niton,
si.
For Columbus, "7:20 a. m, 7:45 p. m.
For Newark, "7:20 a. m.. 7:45p. nu
? For Chicago. 7ra) a. m. and 7 :45 p. jp.
Trains arrive from New York. Philadelphia,
Baltimore- and Washington. "6:20 a-m.. "7:35 p.
m. From Columbus. Cincinnati and Chicago, 8:3
a.m,
1., '8:50 p. m. From Wheeling. '8:25, -J0: ;
Dailv. HJallv evcent Sunday. JSunday only.
$4:40, -8:50, 5935 p.
ISaturday only. IDally except Saturday.
Parlor and sleeping cars to Baltimore. Washing
ton. Cincinnati and Chicago.
The Pittsburg Transfer Company win call ror
and check baggago from hotels and residence npoa
ordera left at TB. A O. ticket offlce. corner Firm
avenue and Wood street, or 401 and 639 Smlthnel
'j! T. ODELL. CHAS. O. SCTJLL.
General Manager. Gen. Pu. Aumfc
ALLEGHENY VALLEY KAILROAD-ON
and after Sunday. June 23, 183U trains will
leave and arrive at Union station. Pltteburg. east
ern standard time: Buffalo "Press leaves ,at 8:20
a. m.. 8:45 p. m. (arrlvmgat Buffalo at 5:45 p.m.
and 7:20a. m.): arrives at 7:10a. m..6:-p. m. Oil
City and DuBoH express-Leaves 8:20a. m. 1:30 p.
m.: arrives 1:00. 6:25, 10:00 p. a. East Brady
Leaves at 6:S a. in. Ivlttannlng-Leavea Ojttfa.
m 3:55. 5:30 p. m. : arrives 8 w-5 10:00 a. m., 5:53 p.
m. Braehurn-Lcaves 4:5i.6:15 p.m.; arrives 8:05
am 7:40 p.m. Valley Camp Leaves 10:15 a.m.,
1205. 2:23. ll:su p. 111.. i"s u.w ... ,u.. i-.dw, .-
440n. m. llulton ieayt-3o.w. iu. u
2l..!Ii; Ent-rtliln1 4trt A
arrives
Fortr-thlrd street J
::to. n::v p. nj. imt---'- ,- .... .ov.
rrlves 3-X-,
8-20 p m. sunaav trains uunaio express Leaves
8-20 a.'m., 8:45p in.; arrive-7:10 a.m., 6:25p.m.
Emlenton Leaves 9:05 a. m.; arrives 9:15 p.m.
K manning Leaves 12:40 p. m. i arrives 10:15 p. m.
Braeburn Leaves 9:50 p. iu.$ arrives 7:10 p.m.
Pullman parlor buffet car on day trains and rnll
man sleeping car on night trains between PlttsDurg
anil Buffalo. Ticket offices No. 110 Fifth avenoa
and Union station. DAVID M'CARflO. Genera
superintendent. JAMES P. ANDEKSON, Gen
eral Ticket Agent.
TITTSBUBO 'AND WESTERN RAILWAY
J Trains (Ct'lStana'U tune). 1 Leave. 1 Arrive.
MalL Bntler. Clarion. Kane ... 6:40 a m 11:20 a n
Akron aud Erie 7-30 a m 7:30 pm
Butler Accommodation. ........ 930 & m 3:3pra
New Castle and Batler .1:05 pm 9:10 am
Chicago Express (dally) 2:00 p m 1153 a m
Zelienople and Butler 4:25 pm 5:30 am
Butler and Foxbnrg I 5:30 pm 700 a m
First-class fare to Chicago. 110 50. Second class,
J9 o. PullinanbinfetsieepinzcartoChlt-agod-aiy,
$Sillllgv
m..
1
I
.. ..:
ti&mtmbm
r1. ."
mmmm
...