THE CITIZEN, WUDNHSDAY, AUGUST 10, 1011.
JPAG15
STANDARD Oil
REORGANIZATION
Stockholders Gel Shares
Subsidiary Companies,
i:i
220,000 NEW CERTIFICATES.
DIsiolutlon Will Take Place About
Dee. 1 Shares In Minor Concerns to
Be Distributed Ratably Intricate
Work For the Accountants.
Tho Standard Oil Company of New
Jersey has announced In a communl
cation to Its stockholders the wny It
intends to reorganize to meet the pro
visions of the Sherman nntl-trust luw.
Tho plan provides that stock In the
thirty-live subsidiary companies shall
bo distributed ratably among the
stockholders In tho parent company.
Dissolution will be about Dec. 1.
Tho detailed plan showing what pro
rata shares in tho subsidiary company
the Standard Oil stockholder may ex
pect under tho reorganization will be
made known later.
This is a matter of computation and
will require some time, but tho com
munication shows In outline tho man
ner In which tho company proposes to
reorganize.
Tho decimal of distribution, it Is
said, -will bo flvo shares of Standard
Oil stock. On a ba3ls of flvo shares
of stock of tho parent company a hold
er will receive fractional sharos of
thirty-two subsidiary companies and
one fall sharo or moro In each of three
constituent companies. Tho reorgani
zation, it is reported, involves the dis
tribution of approximately 220,000 cer
tificates, representing tho thlrty-flve
companies, compared with a little over
6,000 certificates of the parent compa
ny now outstanding.
Work For the Accountants.
Tho accountants will havo some In
tricate work to do in figuring out the
fractional shares in the minor corpora
tions which the stockholders In the
present Standard Oil Company of New
Jersey will havo when the dissolution
Is completed. Tho basis of figuring
must necessarily be on a single share
of Standard Oil of Now Jersey stock.
Of tho 0,000 shareholders there are
many who own small lota ranging from
a single shore to ten or a dozen.
A man owning a slnglo share of
stock, which could be bought now on
tho curb for about $050, will have aft
er Doc. 1 nest a sharo in Standard Oil
of Now Jersey worth at par $100. He
will have a tenth of a share in tho
Southern Pipe Lino company, $10; a
triflo more than a quarter of a sharo
In tho National Transit company, $25
A5; three-twentieths of a sbaro in the
Standard Oil Company of New York.
515; in the Chesebrough Manufactur
ing company, which makes vaseline, 28
cents' worth at par; in tho Colonial
OH company, about 25 cents' worth at
par; in the South Pennsylvania Oil
company, a fortioth of a sharo, $2.50.
Among the twenty-sis other corpora
tions in which ho will havo stock will
bo tho Swan and Pinch company, In
which ho will have 10 cents' worth;
the Washington Oil company, in which,
to bo precise, ho will have 7 37-250
cents' worth.
The Heaviest Stockholders.
Of tho totnl capitalization of the
Standard Oil Company of Now Jersey
thero Is outstanding $98,338,300. Ac
cording to recently published figures,
moro than half of this Is held by
twelve persons or estates. John D.
Itockfeller's holdings amount to 2-17,-602
shares. Tho estate of Charles
Pratt comes nest, with 52,802 shares.
C. W. Harkness has 42,400 shares;
Colonel Oliver II. Payne, 40,000; ni
ry M. Fiagler, 30,500; Henry II. Rog
ers, 10,200; W. U narkness, 13,100;
tho estate of II. n. Houston, 11,775;
JVilllain Rockefeller 11,700; L. H. Sev
erance, 7,214; V. E. Macy, 7,300, and
tho estate of John Huntington, 0,500.
This is a total of 501,213 out of a total
authorized issue of 1,000,000 shares.
Wall street is not ready to prophesy
what tho effect of this scheme of dis
solution will be. Some speakers in
Blst that tho liberation of the subsidi
ary companies from closo .supervision
by tho Standard of New Jersey will
open the doors wido to competition.
This in turn, it is declared, will lead
to unsettlement of prices and unstn
billty in the trade. Cut there are many
who arc unwilling to believe that there
will bo many changes.
Ireland's Population.
Ireland's population is now 4.3S1.851,
r decreaso since 1001 of 70.82-1 persons.
Morocco.
Morocco is a frazzled place.
An old, back number land.
All full of tribes with bushy hair
That scrap out on the Band.
A Job lot of wild sultans, too.
It always keeps on hand.
Morocco's occupation seems
To be the holy war.
In which the tribesmen stick and stab.
Throw fits and howl and roar.
When one la settled they start In
To agitato for more.
Morocoo ban no tlmo for trade
Or any kind of bli.
But all of Europe stekB to grab
Tho little that there Is,
And evry foreign ruler thinks
That tt should all bo his.
So these are anxious days In France;
In Germany they're tense.
And England's ehlpa are watching doe
For serious events
A mighty fuss, all for a land
That looks llko thirty cents.
Tam, ttr t- -i ,
THE Sl'liCIAL-l'UM'OSE 1IEN.
mo uge inrougn winch wo are
now passing is ono of specialization.
Young men and women are educat
ed and animals are selected for a
special purpose.
A glance through the advertise
ments oi our leading colleges illus
trate the many special courses feat-
urea in this year of study.
Therefore, It Is very evident that
mo jacK or an trades " has passed
into the minority, as well as the
all-purpose horse and dual purpose
cow, are largely of the nast. nnrl
havo hut little standing In the ex-1
pert judgment of modern agricultur
ists.
A man can servo two masters at
tho same tlmo jUBt as satisfactorily
us uie nen can uecomo a good wast
er and a prolific laj'er. The analysis
of foods required by poultry prove
that tho elements of meat produc
tion are opposing factors tf those, of
L66 iJiimuiiiiuu. mo nen win either
cleave to one or yield to other.
There are flocks which seemingly
appear to possess both traits, hut
upon close examination they rarely
have any pride of ancestry or hope
of posterity, in fact they have not
inherited and are not capable of
transmitting tho traits which they
simpiy cnauce to possess.
Cases have appeared where a colt
of ordinary ancestry has developed
into a very fast harness horse but
most buyers desire a colt with good
blood lines on both sides. Why?
Because the sire and dam have been
bred for a special purpose, that of
speed, and have the power to trans
mit It to generations to follow.
The special purpose nen most de
sired to-day Is one that lays when
eggs are eggs. The regular laying
period, or when most eggs are pro
duced, is from March till June. Dur
ing these months nearly all flocks
yield eggs, and tho market, owing
to large production, drops In price.
With the advent of cold weather
in November the average flock be
gins to decrease In egg production
and continue until February. It is
now that the owner who has studied
his birds and trained them so as to
get tho yield during these months
reaps his harvest.
The prevailing prices are hieh.
fifty and sixty cents a dozen were
not uncommon here last year. One
of these hens is worth a flock that
lay in May, as these birds are usual
ly descended from a long line of an
cestors who had the same quality.
There is no large element of
chance In raising stock from their
eggs, as they will transmit to their
offspring the characters for which
they are celebrated. On the other
hand the progeny will be an un
known quanity.
In life we see and feel two fac
tors, the weak and the strong. In
nature there are two elements, the
dominant and tho recessive. The
hen who lays 100 to 150 esgs a year
has a fixed dominant feature and
will produce like. Birds that are
said to possess both traits will pro
duce young which will revert back
to either tho meat type or the layer.
Hens to bo large producers of
eggs must not necessarily be of the
Leghorn family, although this breed,
as a class havo tho reputation of be
ing the largest egg producers living.
Without a doubt this breed pro
duces a greater proportion of all the
eggs laid than any two breeds, yet
these are Individual birds and flocks
of other classes that have surpassed
the Leghorns. In these cases it
will be found they have been bred
for the special purpose of egg pro-
uucuon.
Persons havo often been dlsan-
polnted In their stock after purchas
ing it from the heaviest lavlne
strains. Do not imagine von have
a 200 egg per year hen simnlv be
cause ino strain has that reputation.
Dan Patch Is tho king of the har
ness world, but not all of his dc
cendants have paced in 2.10, al
though in years to come many fast
horses will trace back to him. This
applies to tho production of eggs.
Thero aro Leghorns which have
proven excellent egg machines while
others havo been discarded as poor
layors. Again thero are Leghorns
which lay small eggs as well as
those that aro layers of largo, while
many a itnoue island Red or Ply
mouth Rock havo abundantly filled
tho egg-basket.
It Is a fact that fowls which lay
large eggs transmit this feature to
their progeny, also those laying
small eggs havo produced birds that
have tho samo trait.
It matters not with tho breed but
wiui mo strains either to size or
number aid. If tho idea of special
purpose or pedigree breeding is well
carried out for a fow generations
your birds will eventually be layors
far ahead of the ordinary barn yard
fowls.
The value of special training is
very evident and Mark Twain has
very fittingly expressed it, " Training
is everything, tho peach was onco a
bitter almond; the cauliflower a
cabbage with a college education."
E. A. LINDSAY,
Secretary Wayne County Poultry
Association.
IIKItRY CULTURE.
On tho farm there are a number
of waste places so termed that can
be utilized and made to produce
much farm truck. That old rocky
or stony lot that you havo practical
ly discarded and thought perhaps
that Its use was worthless, can be
made to pay Its taxes and isn't that
something in Wayne county? It's
true that tho sheep might bo able
to sharpen their noses upon the
rocks, hut would it not bo wlsor for
you to sharpen your scythe or sickle,
cut down tho weeds and plant some
thing In their place that will bring
some revenue? You say nothing
will grow there. How about the
weeds? If they find enough mois
ture to thrivo how much moro would
borry bushes? Tho market Is good
at all times for red raspberries,
blackcaps and blackberries. With
littlo caro and occasional pruning
the patch would soon yield a good
crop. Whero tho rocks aro too
thick they could bo blasted out with
little difficulty and expense. The
B. I. Du Pont De Nemours & Com
pany of Pennsylvania, offices at
Scranton, manufacturers of dynamite
havo compiled a little booklet en
titled "Farming With Dynamite,"
which is very Interesting and In
structive. It Is free upon request.
OKLEUY CULTURE.
W. Hull. Wnymnrt. l'n.l
Last
year's experience proved
very forcibly that colery needs con
siderable moisture as well as being
well fertilized. Nearly all of our
ceery pants aro started In small
greonhouses, sowing the seed from
the last of February to the last of
March. Our soli Is red-shale loam,
sand, fine sittings from coal ashes,
muck and quite well-rotted manure,
celery plants are started in small
is sown in benches, sometimes In
rows three Inches apart and some
times broadcast. In sowing by this
method wo use a baking powder can
with small holes in the cover. A
small hand seeder is used for sowing
In rows, but with the plow and cov
erer off, because wo want to sift fine
dirt very lightly to cover the seed,
only about one-sixteenth of an inch.
Before sowing we make the soil very
fine and level. Bono meal and wood
ashes are used to fertilize. We use
COO pounds of the former and about
300 of the latter for 1,800 square
feet of glass. Calico curtains are
used to shade these benches until the
plants are up.
We plow in tno rail. In the spring
the land is then well disked; eight
tons of 14 per cent, dissolved South
Carolina rock is applied to the three
acres wo have under cultivation and
well worked In. Then we sow muri
ate of potash at tho rate of about 1,-
juu pounds per acre, after which we
plank the ground for setting, weigh
ing tho planker enough to give us a
sufficiently firm bed. We set by
nana, using two lingers of one hand
as dibber, being very careful not to
get the plants set too deep, or soil
over the heart. This would keep
them from growing. Rows are three
feet apart where we expect to blanch
with boards, and 2 when it is to co
into the colery house. Plants are
set four or five Inches apart in tho
rows. After the plants are set we
formerly put on about 1,300 pounds
of dry blood running right along the
rows close to the plants, but this
year we stopped using it and have
substituted nitrate of soda, using an
extra amount of it., Wo dropped
dried blood partly because the price
naci auvancea, men again we do not
caro to use so unclean a fertilizer on
a crop that is so largely eaten with
out being cooked. For the plants
just set and during the first few
weeks we give this to them In the
dissolved form, using a sprayer which
throws a lino stream along the rows.
but not allowing it to get upon the
leaves. We apply oftener than dry
blood every five days or a week, in
stead of ten days.
Wo aro spraying with Bordeaux
this year so as to control blight and
heart rot. Wo probably will get a
one-horse traction sprayer for this
work next season. The seed, also
the beds in the greenhouse should be
treated using formalin, perhaps.
Wo keep the soil stirred around
tho plants all the time, using a horse
eultlvator when the soil will allow
it. Other times we have to mud
shoe the horse. After the celery has
been planted about two months it
should bo ready to blanch, some
times before. The boards aro held in
position by means of wire hooks and
aro allowed to remain on from ten to
twenty days, according to tho weath
er, etc.
mm well so tho bunches will be
well blanched. In our largest yields,
two plants are largo enough for a
bunch, while sometimes three plants
are necessary. Last year wo had
about 200 plants that went alone as
a bunch. These very largo plants
teach one what can bo done, so that
is of main value.
We do not irrigate, hut feel tho
need of it and will probably install
tho Skinner system. Muck soil is
the finest for growing vegetables.
NUT CULTURE.
The demand for domestic nuts is
larger every year. Trees producing
black walnuts, hlckorynuts, butter
nuts, and chestnuts can be grown
with littlo or no expense. Plant
along tho roadside or in lots where
tho ground is partially improved and
whero grain, etc., cannot be raised
to advantage. -Tho black walnut is
a grand timber tree as well as a nut
bearing tree. It can bo cultivated
for both. If grown for timber, cut
tho lower limbs, while if for nuts,
allow branches to remain low. Se
lect the host nuts and plant them.
A farmer in Virginia, after the war,
planted 1.50 bushels of black walnuts
and 25 years afterwards commenced
cutting a treo here and there, occas
ionally planting a tree. The first
year's proceeds paid for tho invest
ment and ho became a wealthy man.
Those nuts can bo successfully
grown In Wayne county, there being
a good demand for them at all
times, owing to their richness.
Tho hlckorynut Is always In de
mand, but tho treos aro getting
scarcer, like all nut producing trees.
In planting from tho nut select tho
largest ones. Ordinary hickory nut
trees can bo successfully grafted, ac
cording to Theodore Day, of Dyberry,
by splitting ono sido of tho stalk,
especial caro boing taken that the
heart is not split.
Butternuts aro easily planted and
made to grow. Keep the trees low
down for nuts, they bear bettor.
Tho hazel nut grows better on
high ground, where frost does not
blast or destroy tho fruit. The
tree is easy to cultivate and nractl-
cally needs no attention. Tho nut
Is in demand at all times.
Chestnuts aro alwavs In demand.
In the New England states, how
ever, there Is a bl Rht that is de
stroying millions of dollars' worth
of trees. It is similar to tho pear
blight and is moving into this state.
It Is not wiso to plant many of these
trees until some wav In (llscnvnrfid
of checking or preventing this blight.
Sphragnum moss can be grown on
ponds and swampy ground. Large
nurseries would buy it by the car
load as it is tho best material known
for trees. It can bo cultivated. j
Ginseng can be profitably grown.
Plant shade trees along the road
side, j
HEIFEU IIREEDIXG AND WHAT
IT MEANS.
The farmer who breeds a heifer at
less than two years of ago evidently
does so in order t& begin realizing
a profit from her as early as possl-
oio, never taking Into consideration
tho fact that the nutrition furnished
by the feed she consumes will be
spent largely In sustaining tho un-
Dorn calf, thus stunting tho heifer
till the calf Is dropped.
Even nftor tho calf is born tho
general system of the abused heifer
will be so seriously Impaired that
she never again will resume her
natural development, but always
will be dwarfed In slzo. The calves
of such heifers never aro so strong
and virllo as are the calves dropped
by heifers which are not bred till
they aro nearer a mature growth.
Again, the heifer that Is bred at
less than two years of ago, not be
ing -mature in size, cannot possible
possess a fully developed sot of or
gans for producing milk. Her udder
is small, her teats are short and her
Internal organs are proportionately
small. She thus will be hard to
milk, yield less dairy products and,
what Is worse than all the rest, wield
a detrimental Influence on the
standard of the whole herd by pro
ducing puny, undersized offspring
from year to year.
PIGS IS 1'IGS.
There is considerable profit In
raising pigs. Tho market Is good
and the farmer Is sure of selling all
he can raise at a good margin.
There Is not much risk taken and
tho porker is easily raised. Above
ail things pigs should be kept clean.
Growing pigs should have all they
can eat, twice a day, of ground oats
and bran. A thick slop of corn
meal, bran and middlings with a
little corn meal and oil meal in skim
milk or water makes a good mixture.
Pigs should have ranee to do the
best. Glvo them salt, charcoal and
woodashes, mixed, and place the
mixture In a box where thev can cet
at it anytime. Keep their beds dry
and well supplied with straw. Young
pigs should bo with their mother
from four to six weeks.
FOR TREASURER
A. W. LARRABEE.
I hereby respectfully announce my
self as a candidate for the office of
County Treasurer on the Renibllcan
ticket, subject to the decision of tho
uniform primaries to be held Septem
ber 30, 1911. As it will be impos
sible for me to see all the voters of
the county, I take this method of so
liciting your support. If I am tho
choice of the people, I havo but ono
promise to make, viz: that I will dis
charge tho duties of the office im
partially and honorably.
A. W. LARRABEE.
57tf Starrucca, Pa.
You all know tho Fair opened
Monday. Of couro you will will at
tend ono of the four days and see
tho many things on exhibition.
Thi
COPVHIAHT ISMS
STBOUSE & BROS.
BAkTIWORC
TO
DEMOCRATIC CANDIDATE FOR
COUNTY COMMISSIONER.
NEVILLE HOLGATE.
earnestly solicit your vote for tho
primary election Sept. 80.
6erman-.lmer.cafi Home
VbaaImauI Men Women, Toune old.
S rGullTlfini. " Srlr t .n'l gl Cored, I
Footed, Deprived or Itobhed Too, Don't tudre ell alike,
Tho GERMAN AMERICAN TREATMENT,
e Slrlctlr Seleatlfle Conblaallon beleeted Comblaed out
ei 5000 IHIIereat Drnce, 10 Bait each A evert Indltldaal
Cave, lo potttlvelr the Only Cure, 110 natter whatsoever
Joor Allraeat or Dlieaee trej be, eenie or ortcla, no natter
who tatted. Write, otete your Case In atrlct eonlldeaee.
AOurrtJCAIHNTKnil. IddreieOLD GERMAN
DOCTOR, i'oat llox SB80. l'bll.delohla, Pm.
Advortise in The Citizen and get
results.
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
OF MILWAUKEE, WIS.
ARency at Honesdale, Wayne Co., Pa.
FROM THE E3d ANNUAL. REPORT.
Total admitted assets ? 273,813,063.65
Total Insurance in force l,OS0,239,708.0O
Total number policy-holders 425,481.00
New Insurance Reported and paid for In 1910 118,789,033.00
Increase In Insurance In force over 1909 , 67,240,613.00
Total Income for 1910 51,979,892.23
Total payment to policy-holders 32,8G9,S99.00
Ratio of expense and taxes to Income . 12.78 per cent.
i'OU WILL MAKE NO MISTAKE IF YOU INSURE WITH
II. A. TINGLEY, Agent,
HONESDALE, PA.
I CLOSING OUT SUMMER GOODS AT LESS
T
To Clean
MENNER & GO. Keystone Stores. I
Consisting of Made Up Goods for Ladies, I
Juniors and Misses. Wash Tailor Suits, I
Newest Styles. House Dksses, Wrappers & 1
Kimonas, White Lawn and Marquisette One
Piece Dresses. p
Kimona Shirt Waists and High and Low
Neck Waists. Long Coats in Light Weight p
Wool, Pongee and Linen. Separate Skirts and
Jackets will be sold low to close out all re-
maining stock. j
IE11EB & CO,
i12S$15Suif House!
MONEY'S WORTH OR MONEY BACK
We specialize at these prices and give you the best
values in the city, which we guarantee cannot be dupli
cated in any other clothing store for at least five dollars
more on each suit.
do we saye $5 ?
Bregstein Bros, have associated themselves with a
large wholesale clothing firm at No. 4 and 6 Washington
Place, New York City, well-known manufacturers of
Men's and Young Men's Clothing, and are now in a posi
tion to sell you
Clothing Direct from Manufacturer to Wearer
Saving YOU the middleman's profit.
Come to us and Save $5
on your Summer Suit
Bregstein
WE LEAD; OTHERS FOLLOW.
THE ORIGINAL $io, $12 & $15 SHOP.
FULL LINE OF GENT'S FURNISHINGS
When you feel
vous, tired, worried or despondent it is a
sure sign you need MOTT'S NERVERINE
PILLS. They renew the normal vigor and
make life worth living. De sura and ask (or
Mott's Nerverine Pills
WILLIAMS MFG. CO., Prop... Cleveland, Ohio
FOR SALE I1Y
O. O. JADWIN.
A. O. BLAKE
AUCTIONEER & CATTLE DEALER
YOU WILL TVUKE MONEY
BY HAVING ME
J Bell Phone 9-U BETHANY, PA.
ier
Plans & Estimates
Furnished
Residence, 1302 EastSt.
Up Stock 1
Department
Stores
Architect and liu
COST