Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-17
BIG OIL RuMORS.
1t IL Reported Mr.. ReIshard VIII Build a
Refinery in the CHARTERS FieId-A Man.
ager at $4,000 Yearly.


II is Reported MIR. ReIshard VIII Build a
Refinery in the CHARTERS FieId-A Man.
| ager AZ $4,000 Yearly.
The movements Of the Standard OIL COMPANY
are as uncertain as the weather, and were Il
not for their past actions it would be impossi-
BILE for anyone to tell anything of their future
intentions. The late deal with the Globe Re-
dning Company has from all appearance Just
been closed and all is now quiet. But from a
distance 1t Is heard that Pittsburg is still to be
| the battle-ground with the Standard and the
Independent Refining Companies.
Late last week the Globe Oil Works was
visited ny delegation Of the leading magnates
OF the Standard Oil Company such as never has
been seen at any of the refnerles around here
| There were rs in all, and they made close in
speouon OF the works. AS they passed along
| given and some important changes are looked
| for. The cooper shop at the Standard works
No. has been closed, and probably this week
the work Of refining oil will be stopped. The
output OF the cooper shop was about 500 barrels
day, and by the shut down, which il is SAID is
to be until the End Of January only. over 100
The Globe Refinery is still open-that Is oil is
| still being refined and the bulk ofscar and bar
| rel shipments will likely be made from it, as
the machinery and facilities have the approval
| of the visitors as being the best at any oil
works in the country. The most important
| move soon looked for is to remove the Crystal
OlI WORKS no. O. located half mile from No.
]. The tlnshop department is to be taken into
the hand cooper shop at No. J. and the re-
mainder OF the refinery will most likely follow
all the other old oil works to the seaboard
From very reliable source it has been
learned that Mr.. D. G. Reghard is already
revealing his future intentions. Since the deal
he has been made general manager of the three
re1neries belonging to the Globe Refining
Company, which includes the one here and at
Freedom and the Eastern refinery at Philadel-
phia, at salary of SIS 900 a year. Rumor has
it that Mr. Reighard will build one of the
largest oil works in this country at Charters
in the new oil territory. And again it is said
that before long he will surprise the Standard
with large refinery, to be built adjoining
the Globe, in the Eighteenth ward
The property consists of about 80 acres be-
tween Butler street and the Allegheny Valley
Railroad at Sharpsburg, belonging to the heirs
OF DR.. kredle, who reside in Cincinnati and
with whom negotiations are said to be now
pending DR.. Kredle was an expert oil chemist,
and in the early days of refining oil he had
small refinery near the bridge, where he lost
his life by being burned to death. The fire
originated from an oil tank in the old Citizens
refinery across the street being struck by light
ning which destroyed the DOCTORS refinery and
also burned down the Sharpsburg bridge. The /
old American Oil Works of Train Holdship
once on this SITE and portion of the
dilapidated buildings is still standing The
new oil works will have a stilling capacity of
over 5000 barrels of refined oil week. and
to cost $25O0O0
The above rumors are given for what they
are worth. An effort was made to find Mr..
Reighard last evening. but he couldn't be
located.