The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-04-08
5,O0O,O 600 PAID IN

Tho Now Gigantic Telephone Company
to Cut Rates on 'Phoucs-Standnrd to
Meet tho Dell.
New York, April Tho New Stand.
ard Telephone Company, which, with
Ito subsidiary companies, has Sl75,00O,-
900 capital, will open Office in a few days
in the Postal Telegraph Company'a
building. on Broadway, and 1t Is an.
nouuced will begin business this sum-.
mer. Tests Of the Standard telephones
have been mado over resistances equiv
alent TO 5000 miles, and it is said New
Workers will, whom tho wires are con-
structed, be able to ring up their friends
in San Francisco and talk TO them. Tho
price OF telephones will BIO So a month
for Offices andS2 a month for residences
Thurlow Weed Barnes, Of No. OS
Broad street, is president oil the parent
concern.
Territory is to be sub-divided and
moro than fifty subsidiary allied cor.
porations have been chartered for this
country and Europe. The president OF
the local company in Philadelphia is
Richard W.. Clay. prcsiden! OF tho So.
l~icitors' Loan aud Trust Company. and
G. ". Bergner, the brewer, and Ii. A.
Berwind, the largo coal operator. are
members OF the Pennsylvania board.
General Felix Agnus, ownor OF tho Bal
timore American is in tho Maryland
board. The president OF the company
in Washington ia Lemon G. Hine. who
made a large fortune through his con.
nection with the M~ergenthaler linotype
machine. Tho president OF tho com.
pany in New England is John w. Cand.
Ter, OF Boston. Colonel A. K. Conger,
president OF the glass trust OF Akron,
Ohio, is president OF tho Ohio-Indiana
company. Ex-Governor Fairbanks, OF
Vermont, aud Mr.. Hunt, OF Portland,
Me-, represent that portion OF Now
England. Pabst, tho brewer, Of Mil.
waukee. represents Wisconsin. George
A. Madiel, president OF the Union Trust
Company, is president Of tho local com.
pauy in st, Louis.
the directors OF the New York
State Company are Charles T. Arm.
strong. the sugar importer, ship owner
aud capitalist, OF this city; Lowell NJ.
Palmer. president OF the Brooklyn
Cooperage Company. manufacturers OF
barrels for the sugar truot; William
Dick, capitalist and director OF the
American Sugar Refining Company,
Brooklyn; John Dunn. Jr., president OF
tho Syracuse National Bank; Alva W.
Palmer. wholesale clothing, Syracuse;
Gus,avus Z. Strauss, lace importer,
New York; Anthony N. Brady, capital
iss. Albany; Henry Siebert, capitalist,
Now York; Gustavus Z. jain, president
rice mills. etc. New Orleans and Now
York; Henry D. McCord, capitalist, etc.,
New York; George lIutchins, New York.
Many capitalists in different parts Of
tho country are interested. among them
Craigo Lippiucott, president OF tho J. B.
Lippincott Company, OF Philadelphia;
Alexander Montgomery, capitalist, Of
Cincinnati; j. N. kulty, capitalist, OF
Cincinnati; A. Acton Hall, OF Hall Safe
and Lock Company, Cincinnati; Got
lcib Hartweg, capitalist, Cincinnati; L.
II. Eourne, cashier Union National
Bank and owner Of tho Bourne Nut and
Bolt Mandatory, Cleveland, Ohio; NJ.
W.. Simons. banker, Fort Wayne. Ind.
JOuu l1ai.tEc, SapitlIiaf, blIhlclpuIio,
O. W. Shipmau, Detroit; Gaorge IL.
Scripps, treasurer Detroit Evening Nows
Company.
The company is especially strong in
Chicago, where among other men OF
equal standing, the following are on tho
board OF directors: Gen. James. S.
Clarkson. William j.. Campbell, John
S. Runnels, r. W. Hunt, William 7.
Ketcham, I. a. Griffin. L. Ii. Hole,
Montgomery Ward, John S. Hannah,
Mr.. G. II. Higbee. W. W.. Tracy, MIR.
John Goodnow.
United States Senator Jones. Of Neva.
da, ia ono OF tho board OF directors OF the
parent company.
Mr.. Scaris. OF the Sugar Trust, has
sold his stock, but his nephew, Ennia
NJ. Scarls. and his s%on-in-law, Winthrop
Murray Tuttlc, arc associated with tho
syndicate.
Many Of the electrical appliances arc
tho inventions Of W. r Colo, a Michigan
electrician.