gwFjjKsjaafij - -3SJ95'K?iP" Rrvwscjipwjr -. r - 12 THE PITTSBUEG ' DISPATOH, TUESDAY, ' DJ;CEMBER 15, 189L SO FIGHT EXPECTED. Kone but the Pennsylvania Likely to Did on the Valley Road. MORTGAGE OWNERS HAVE A CINCH. Experts S&y It Will Not Bring Very Much Over $26,000,000. GREAT CHANGES THAT AEE TO, FOLLOW Unless something should occur to prevent it, the Allegheny Valley road will be sold to-day at noon by auction. An effort wiis made yesterday to find out if there will be other bidders besides the purchasing com mittee appointed by the income bond hold ers and the Pennsylvania road. Secretary and Treasurer Robinson said he had heard of none, and he knew of nothing to prevent the sale. He thought it would be a quiet affair. John B. Jackson and P. A. B. "Wideuer, of Philadelphia, and B. D. Barclay were named by the creditors, who agreed to the reorganization, to look after the sale. They represent 515,000,000 held by the income bondholders, which is the first mortgage, and the second mortgage of 510,000,000, be longing to the Pennsylvania road. The Pennsylvania people have a good slice in the income bonds, and altogether they have about 518,000,000 invested in the Allegheny Valley. They control the reorganization company, and it will be a Pennsylvania purchase. The committee holds the key to the situ ation.for they have 526,000,000 of an indebt edness to plank down in payment for the property. If the Erie or other corpora tions should be foolhardy enough to bid they would have to go higher than 526,000, 000, for this sum is needed to secure the credit. Ifo Urely Bidding Expected. It is generally conceded that the road will be knocked off to the committee, and. Jlr. Jackson, or a representative, will do the bidding. The road may be sold lor a song or Some lively bidding may occur. 2fo other road in Pittsburg has such fine termi nal facilities Mr. Kobinson said it would take millions to duplicate the yards be tween FortT-third and Fifty-third streets. The net earnings of the line at present are nearly 51,000,000, but the road needs to be improved and reorganized. The plan of reorganization proposed bv the combination of the Pennsylvania road and the income bondholders has already been outlined in this paper. The capital stock of the Valley is now about 53,000,000. This amount will be increased to 530,000,000, and bonds for 520,000,0000, bearing 4 per cent interest, will be issued to secure the company's indebtedness. This would virtually swell the capital stock to 550,000, O00, which is an enormous capitalization. Three kinds of stock will be issued, firstand second preferred and the common. Tne first two are limited to 3 per cent dividend, but the first preferred stock is accumula tive; that is, if the road earned nothing the first year and 10 per cent in the second, lor example, the first preferred stockholders would be paid 6 per cent, or dividends for two years, the second preferred would receive 3 per cent, and the common fellows would have the balance. The second mortgage of the Pcnnsyhania road will be secured by sec-, ond preferred stock, but this company will have a good share of the first-preferred for its income bond holdings. A Short Freight Bonte for tbe Fenniy. The present ofiicers .of the road have been assured Irom time to time that if the -com pany of creditors bought the Valley that no changes w ould be made, and sothe employes are restlug easy on that score. It is the intention to greatly improve the road. The various plans have been referred to in The DlSPATcn from time to time. One of the" suggestions much favored is to spend the money double tracking the low-grade divis ion and building a branch from Homewood on the Ft. "Wayne to Bedbank on the Val lev. This would connect the Ft. "Wayne with the Philadelphia and Erie at Drift wood, and give the Pennsylvania road a much shorter freight route be tween Kew York and Chicago. Pittsburg is too important a point to ever be ignored, but it would relieve the local yards of con siderable traffic The proposed route to the East avoids the heavy grades in the mount ains, which is another strong point in its favor. If the Pennsylvania secures the Valley, the character "and location of the improvements will then be determined. This much is settled, the Valley will not be pushed into the background. The per centage of expenditure on -theValley is much lower than on any of the divisions of thejPennsylvania road. May Baise the Alton Boycott. General Passenger Agent A. E. Clark, of the Lake Erie road, left for New York last evening to attend an important meetine of general passenger agents. The boycott on the Alton road is coming to a crisis by the action of the Erie system in raising the em bargo. This subject will be discussed, and the opinion ot passenger men is that the foolish boycott will soon be declared off. This introduces that other bone of conten tion the payment of commissions. The Alton persists in the practice, and this is the extent of its sinning. Every time the agents meet this subject is handled without gloves, but no satisfactory conclusion has ever been reached. Some line like the Alton is refractory and breaks up the plan. Unimportant Annnal Meetings. The annual meetings of the Pittsburg Drove Yard and Pittsburg Terminal Com panies were held in the office of General 'Freight Agent C. S. "Wright, of the B. & O. road, yesterday. In both concerns the old ofiicers and directors were re-elected. Anthony J. Thomas, of New York, is Presi dent of the Terminal Company. This cor poration owns the docks and terminal facilities at Fairport, which are leased to the Pittsburg and "Western. There was no annual statement, as the stockholders are content with receiving the rent and their dividends. Johns McCleave is at the head of the Drove Yard Company. This com-, panv leases the yards, etc., on Herr's Island to tne cattle men. HUGE SPIDEBS TOOK YUCATAN. Bare Specimens Collected by Pallor and Broncbt Into Texas Fort. Gaiveston, Tex., Dec. 14. A sailor on a coasting vessel which plies betw.een here and ports on the Gulf has some very inter esting specimens which he secured while on the coast of Yucatan. Among them is, a large jar filled with enormous spiders, which, he says, are looked upon with the greatest fear by the Indians ot the central portion of that country, and which are un doubtedly the largest ever seen. The body of the spider is fully five inches in diameter and the legs are short and thick, being especially adapted to running and climbing. They are about two inches long and are as big around as an ordinary lead pencil. The spider is of a grayish brown color, but is more peculiarly marked by deep bands which cross its body, ex tending clear around diagonally from shoul der to hip, crossing each other at the mid dle of the back and the center of the belly. The fierceness of the insect and marking on the back have induced the Indians to name it the "Devil's soldier," and they say that it is undoubtedly the worst foe to man in that whole country, making it almost im possible for any one to go into the interior, for it abounds in such numbers that no place is free from it and its bite is certain death. The spider makes its home among the rocks, and when anything approaches it rushes boldly oqt and makes an attack so fiercely that it is almost impossible to es cape it. It runs with great rapidity and climbs sticks and trees as easily as if it was on the ground. Fancy Goods. Boyal "Worcester ware," Boyal Hungarian ware, Brown ware, and other celebrated wares; beautiful pieces with fine decorations. "Marble busts and figures, vases and statu ettes, in copper and silver bronzes; onyx tables, um brellas, bisque figures and busts, Candelabra; great variety. Lamps, piano and stand, something very nice. Henry Tebheyden's Jewelry Emporium, 530 Smithfield street Open every night. CHRISTMAS MUSIC BOXES Discrepancies In Fig Iron Bates. A joint meeting of the Youngstown and Pittsburg freight committees will be held at the Lake Shore office to-day, to consider discrepancies in the pig iron rates. It ap pears that some places are paying more in proportion than other points, but the towns in the valleys are not specified. The pig iron men made an effort last winter to have the rates reduced, hut the railroads refused. Heavy Mortgage to Secure a Boad'i Debt. A mortgage for 510,000,000 to secure the debt and further equip the line, was filed in the Becorder's office .yesterday by the Cleveland and Pittsburg road in favor of the Farmers'Loan andTrustCompany,of New York. The total indebtedness of the road is 56,364,000. Of this amount 55,900,000 were spens in constructing and equipping the road. Evertbodt likes '"Squeezers" playing cards. Ask for Triton brand, doubl; enam eled. All dealers. For Holiday Gifts. "Chemical Diamonds," mounted in solid gold and set in jewelry of every description. K". Smit, Sole Agent, Corner Liberty and Smithfield and 311 Smithfield street At H. Kleber & Bro.'s. Cheer.up your home by buyiDg one of Kleber Bros. ' beautiful musio boxes. Yon cannot find a nresent which will Tirodnm. hhalf the delight and pleasure for both old and young as will the charming music of these boxes; Kleber Bros, are the exclu sive agents for the old and well-known Hermod Freres make, and they are selling them at lower prices than such fine goods can usuallv be bought for: Prices range from 53 50" to 5175. Store, No. 506 Wood street, now open every evening. Desk and Office Accessories in silver and plated ware, inkstands, cal endars stationery racks, rulers, blotters, penwipers, pen holders, envelope open, era, paper knives, especially attractive as sortment open now. Jos. Eichbatjm & Co., TTS 48 Fifth avenue. For Holiday Gifts, "Chemical diamonds." They defy experts, K. SMIT, sole agent, corner Liberty and Smithfield and 311 Smithfield street Fob a Christmas piano call on H. P. Ecker & Co., 76 Fifth avenue, Pittsburg, Pa. A most complete stock of reliable pianos and orgaui at lowest prices and easy payments. Crayons Free Until January 1, 1893. A life-size crayon free with a dozen, cabi nets at Aufrecht's Studio, 77 Fifth avenue. Come early. POSTAGE BTAKPS TWICE USED Get a Government official Into Trouble and He Tries to Get Oat. Nxw York, Dec. 14. Special Colonel Henry 1" Potter, a day Inspector In the Cus tom House In this city, Is under $500 bail in New Jersey to answer a charge of using postage stamps which bad been used beforo. Colonel Potter is a man ot considerable means. He lives In a handsome house in Linden, X. J., and comes to Now York every day to attend to his business at the Custom House! Some months ago a suspicion cnterea the mind of Postmaster Stone at Linden that Colonel Potter was habitually defrauding the Government of the revenue it was enti tled to for carry ins hi mail, and a'watch re sulted in his arrest. He allezcs that the Lin' den postmnster bears a grudge against him, and that this Is a conspiracy to ruin him. He denies that he posted the letters himself, and says he sent a servant to the postofflce with money to buy stamps. If washed stamps were put on the envelopes he thinks it must have been done by the postmaster. Ladies suffering from nervous afflictions find quick relief in Parker's Ginger Tonic. Parker's Hair Balsam aids tbe natrgrowth. BBAYEBY OP A HEW Y0BX QIBL- She Chases a Burglar Through the fetreeta. Until He Is Caught. New YoiucDec. 14. fipeciat Early this morning Miss Sadie M. Eaton, daughter of a West Thirteenth street boarding house keeper, beard a noise coming from the par lor floor, and, getting up, crept down stairs. In the hnllwny on tho first floor she saw two men whispering together. The rustling of her night dress frightened them, and one rushed out of the front door Into tbe street, -while the other dnshed down the basement stairs. , . . Although she badnothlngonbuther night dress and her feet were bare. Miss Eaton gave chase, and at Twelfth street and Sev enth avenue caught up with thefugUve. He dodged, but she screamed, and a police man ran up and arrested the man. Hiss Enton returned home accompanied by the officer, but the cither thief had disappeared. The prisoner gave his name as James Mur- Ehy. At Jefferson Market Justice Kelly eld him in $1,000 bail for trial. HEW ADVERTISEMENTS. H I By the Thousands of Pairs SL DD -AT- conffha use Brown's Like all really good tilings. Fob throat diseases and nrnnchfal Troches. Like, a they are Imitated. The icenulne are sold only In boxes. , NIRHT SfflRTS ! 1 HI lmr AT50 - 1 1 ill Ml H at n mm T $IH, SPECIALSALE. CENTS, WORTH 50 cents. CENTS, WORTH 63 cents, CENTS, WORTH 75 cents. CENTS, WORTH $1.00. CENTS, WORTH $1.25. WORTH $1.50. FLEIS MN& J 504, 506 and 508 MARKET ST. Store Open Every Night Until 10 O'clock. COCHRAN'S OBEAMS8tVUM If you want to make your husband, your father, your brother, your sis ter, your son,' your daughter; your beau, your sweetheart, your .friend or your pastor a Xmas gift, what so useful, what so acceptable, as a pair of Handsome Slippers? . WE CAN SAVE YOU MONEY ON. ANY. PAIR PURCHASED! Our assortment of Holiday Slippers surpasses all previous displays. Many exclusive designs, combining elegance of taste and construction,per fect comfort and reliability, unlimited assortment and POPULAR LOW CASH PRICES! Our Slippers are largely sought for right before Xmas, and to those who wisK something particularly nice we advise an early choice, with privilege to exchange laternf necessary. A few sample prices: Hen's Velvet emb. patent leather and alligator backs, f For 48c, 68c, 75c, 98c, $1 23, $1 48, $1 98. Men's Fine Plush, all styles, with pat. leather and alligator backs, Only 75c, 98c, $1 23, $1 48, $1. 98. Men's Genuine Goat, all styles, for 68c, 98c, $1 23, $1 48, $1 98. A full line of Ladies' Plush and Velvet Slippers, Only 48c, 68c, 75c, 98c, $1 23, $( 48. Ladies' Beaver Slippers, 47c per pair only. A magnificent assortment of Ladies' Kid Opera Slippers and Oxford Ties. Just the thing for a nice Xmas gift. Only at one store in the city can you obtain the foregoing phenomenal bargains, and this is at COOHRAFS, The Shoe Man, Cor. Market and Fourth ave., Pittsburg. lUYrsu STEAMERS AND EXCURSIONS. STEAMSHIP TICKETS TO AND FROM all parts of Europe, drafts, money or ders, cable transfers and foreisrn coin at low est New York rates. MAX SCHAMBEHG4 CO., No. 527 Smithflold St.. Pittsburg, Fa. Es tablished in 1866. seKVrrs w HUE STAR LINE- For uueenstown ana HTcrpooi. Boyal wd United States JIsll steamers. Adriatic. Jan. 13. 2 n m Teatonlc,Jan.:Q.10:30am Britannic, Jan. 17, 2 p m Majestic. Feb. 3.10 am fool of West Tenth St., Teutonic, Dec. 16,5 :30 am Britannic. Dec. A 11 am Majestic; Dec. 30. 3 pm Germanic Jan. 6. 11 a m From White Star dock, New York. Second cabin on tbese steamers. Saloon rates, SO and upward, becond cabin HO and MS. Excur sion tickets on favorable terms. Steerage, from or to old country, 20. White Star drafts payable on demand In alt the principal banks throughout Great Britain. Apply to JOHN J. MCCOKMICK, 639 and 401 Smithfield St.. Plttsburjr. orH. MAITLAND KEBSEY.Gen eral Agent, S Broadway, New York. de9-D de!5 BOYAL MAIL STEAMSHIPS. GLASGOW TO PHILADELPHIA, Via Derry and Galway. The most direct ronte from Scotland and North and Middle of Ireland. ACCOMMODATIONS UNSURPASSED. Intermediate, $30. Steerage, 19. CT4TF) Service of V,5r AIvLAN XTZa LINE. J STEAMSHIPS. NEW YORK AND GLASGOW. Via London every FortnlshC Dec. 17, State of Nebraska, 10 a. JC Jan. 7, State of California, Oi-K. Jan. 28, State of Nebraska, 8 A. x. CABIN. $40. Second class, $30. Steerage, $19. Apply to J. J. McCORMICK, 633 Smithfield street, Pittsburg. no2M3-n' STEAMERS AND EXCURSIONS; AMERICAN LINE, Sailing every Wednesday from PhQadel. phla and Liverpool. Passenger accommoda tions for all classes unsurpassed. Tickets sold to and from Great Britain and Ireland Norway, Sweden, Denmark, etc. PETER WRIGHT & SONS, General agents, 305 Walnut St., Fhiladelpnla. Full information can be had of J. J. Mo CORMICK, Fourth avenne and Smithfield St. LOUIS MOESEB, 616 Smithfield street. mh8-HvTT 1 Cactus Blood Cure. BETTER THAN SARSAPARILLA. Tones up your system and gives you an appetite that a lumberman might envy. Cures dyspepsia, stomach, troubles, constipation, and liver or kidney dis eases. In addition to this it cures all skin affections and the more -violent blood troubles. Effects are immediate and cures permanent. Sold by JOSEPH FLEMING & SOW, Drug' gists, 412 Market St., Pittsburg. selS-rrs HOLIDAY NEWS I LI lllill III I" I III 1 1 1 I H IH I I III h & PFRRINF. ALL PRICES REDUCED. NOT.ADVANCED, FOR CHRISTMAS. FURNITURE. $4.87 For this large Antique Rocker, with silk plush seat, worth 8. $18.75 Will buy this large Easy Chair, in genuine leath-. er; it's worth 25. CsC or "s 3 -piece Bedroom 310 Suite, finished in Antique, XVL Century or Walnut finish, with large mirror, worth $22. fcSkJRSLlM CO A "IE wm tony this Plush 4) 2.4. l0 Parlor Suit- we call special notice to our fine suits at 75, 100, 150, 200. They're worth J more. $8.89 For tHis large Bed Lounge. LADIES tmr 3 I eHt-KJ J' WK We have taken the entire made-up stock of a large manufacturer. About 2,000 pieces, consisting of La dies', Misses' and Children's JACKETS AKD NEWMARKETS. Here they are for you at 50 cents on the dollar. GIRLS' REEFERS. At .$2.50 each Reefers for Small Girls. Navy Blue, Cheviot, Military Buttons, fine finish throughout. At $5 each Seventy-five hand some Reefers for Girls. Some of them have sold up to 11 each. Girls' Long Garments. $2.25 Black and White Striped Coats for 6 yearsj advance 25c a size to 12 years. 3.00 Light Striped Coat for 6 years; 2j;criseper size to 12'years. LADIES' JACKETS. Two prices will give you an idea. $3 for choice in either Plaids or Stripes, any size; have sold for $6.50. $3.25 Plain Black Diagonal, all sizes, worth $7. CARPETS. You can have the luxury of a fine Carpet without a touch of ex travagance. 400 yards good Ingrain, 25c; worth 40c. 650 yards C. C Ingrain, 42c; worth 60c. 3S0 yards all-wool Ingrain,69c; worth 75c. 500 yards Brussels, 65c; worth 85c - NOVELTIES ! . PLUSH Manicure Sets, $1 to $7. Work Boxes, $1 to $5. . Albums, 98c to $3. Shaving, Sets, $1.25 to $5. Smoking Sets, $1.65 to $5. Glove Boxes, 75c to $2. -Toilet Sets, 89c to $10. Picture Frames, 25c to $1. Whisk Holders, $1.75 to $3. Work Baskets, 10c to $2. Work Baskets, lined, 49c to $4. Our line of Fancy Clocks .surpasses' anything you have ever seen. The lowest priced, 75c; the finest 25. HUSK gong; finely worth 13. For this 8-Day Clock y2- ebonized; gold dial; JUM.li hour strike on cathedral DOLLS! TOYS! If you want the children to be happy let them look at that TOY WORLD t In our Basement. It is a Circus, a Fair ,and a Traveling Trip all rolled into one. An acre of delight foranyright-minded child. Present the girls at the court of the dolls. It's a gay gathering, making you think of Titania and her Fairies. There's a 1 4-inch doll for 5c; a large assemblage at 10c; hundreds at 15c, 25c and 40c. mIL Em II' I Kit II '.111 L.ffll I I I (I'll CHINA AND GLASS t T 1 1 Tf fl You enjoy the luxury of the most magnificent Dinner Sets to 4)1 1 I W be had anywhere for $15. White granite, handsomely deco rated, 10 1 pieces. Here's a suggestion for some thing finer. Bisque Doll, 13 inches high, jointed, satin dress, lace skirt, curly hair and pretty bonnet, 49c Also our Indestructible Doll, 2 feet 8 inches long. 99c frnrmm $2.98 ..- will buy this i;6-piece Tea Set, handsomely decorated. 98 CENTS. IMPORTED DISH DECOR ATED AND TINTED. C 15 for this 8-inch Decorated Plate with tinted rim. JL 1)2. 3C each (35c per set), Porcelain China Cups and Saucers. 10 C for this pretty Cup and Saucer. FOR TI BOYS A 10c Cart. Our 39c Wagons. 0ur39c, 56c and $1 Sleds, Yes, we've rackety toys of all kinds for Boys and Girls. YOU can be amused as well as the little folks. 25c 35c Toilet Bottles. Imitation Cut Glass. 3c For This TUMBLER. 5C For This GOBLET. -jrsw 24 C for this Hand-Decorated CUSPIDOR. , 63 C for this Hand-Painted JARDINIERE. TERMS CASH GR CREDIT. CHRISTMAS GOODS BOUGHT NOW WILL BE STORED FREE UNTIL WANTED. j , G35 -AJSTID S37SCITI3:FIEXj3D TRBET'635 JJ2TID G37 delMT-rrs
Significant historical Pennsylvania newspapers