Sunday, June 2, 2024

What or Who was Wilson & Company of Pittsburgh, PA?

In August 2023, a seller on Ebay posted a couple of lots that looked like this:



An intriguing group of plate number singles...all the stamps are canceled with a Wilson & Co. circular date stamp, all neatly in red, and with an absence of other stray marks.  All the stamps are preserved margin copies with plate numbers.  Seems like a 1898 era philatelist might have been at work making these. For those that collect the dollar value 1898 stamps, these cancels are not strange to us, and they appear with some frequency, even on high value items:
 

Wilson & Company cancels on R160 plate strip sold in a 2008 Spink auction.  Image available at Stamp Auction Network.

I've managed to accumulate a few examples with the Wilson cancels:



Even a scarce R159 with the overprint reading down:


All of my examples, including a fourth not shown here, have no gum, but are all in great condition except for three knife cuts on the R159.  It seems likely that the maker of these cancels was involved with the Pittsburgh stock exchange, and was also a stamp collector.  A bit of research proved the latter:

from The Philatelic West Camera News of August 1903, showing a Mr. H. E. Wilson as Twin City Philatelic Society's "Counterfeit Detector".  Maybe the ARA needs a new position with the same name?  

It can be established that the H. E. Wilson listed as the Counterfeit Detector is the maker of the cancels on the stamps above through an example of a letter he wrote that is available online, that has the cancel he used on the stamps in the upper left of the envelope, using a similar, if not the same color used to cancel the stamps:


The enclosed letter:

Wilson & Co. and H. E. Wilson are not listed as members of the Pittsburgh stock exchange in 1901.  Somehow Mr. Wilson's activities, professional or through private association, brought him into contact with dollar value 1898 stamps, and somehow his company's handstamp device was likely legitimately used.   His office building, the Fitzsimons Building, was located at 331 Fourth Avenue, in the heart of the Pittsurgh financial district.  The stock exchange itself was located at 340 Fourth Avenue, across the street from H. E. Wilson's office.

The biggest lesson from this story is that the apparently scarce and valuable plate singles and plate strips that are in collections and on occasion sold at auction are in part philatelically inspired, though likely used legimately by a collector with a professional reason to use these high value stamps.

Saturday, June 1, 2024

The Pittsburgh Stock Exchange

By 1898 the New York Stock Exchange was the largest and most important stock exchange in the western hemisphere.  Unlike today, there were once many regional exchanges in the United States, including Boston, Philadelphia, and Chicago among others.  As the largest exchange by a fair margin, the great majority of 1898 dollar stamps were used by brokers at the NYSE.  David Thompson and I have been working to complete an exhaustive database of the brokers and firms that might have canceled revenue stamps as a part of their business at the NYSE.  But the pursuit of the stamps used by all those New York brokers has also produced a need to identify cancels that aren't from the NYSE, so I've started to look into the regional exchanges.

The Moody's manuals were first published in 1900 where the members of the NYSE were listed.  But in subequent editions, regional exchanges were added.  Below is the two page list of the members of the Pittsburgh Stock Exchange and its officers from the 1901 Moody's guide.  Like the larger exchanges in Boston, Philly and Chicago, the Pittsburgh exchange had members of NYSE as its members.  NYSE members that were also members of Pittsburgh Exchange include George Whitney of Whitney & Stevenson, Alvin E. Masten, George Darr, of Darr & Moore & Preston & Co (1898 only), Joseph Morris of Morris & Brown, Alexander Robinson of Robinson Brothers, J. L. D. Speer of Speer & Co, and Henry Sproul. 

The complete list of members in 1901:



Over the next few days I'll focus on confirmed and likely Pittsburgh Stock Exchange firms and their cancels.  I'll begin with the stamps shown below.

 

Thursday, May 30, 2024

Insurance Agent Cancels: D. R. Hummer of Dover, New Jersey

D. R. HUMMER,
SEP
30
1899
DOVER, N. J.

D. R. Hummer advertising blotter.  His phone number was 25A!

Tuesday, May 28, 2024

Insurance Agent Cancels: R. H. Guibord of Plattsburgh, New York

R. H. GUIBORD,
APR
4
1899
Plattsburgh.




Mr. Guibord was a graduate of Wesleyan University in Middletown, Connecticut, and was frequently referenced in the University's alumni magazine. 

Sunday, May 26, 2024

Insurance Agent Cancels: Robert T. Chafin of Toledo, Ohio

Robt. T. Chafin.
NOV 1 1900

from The Western Underwriter of 1905.  Mr. Chafin would organize the Zenobia Insurance Agency that year.  During the 1898 tax period he was either independent or in a different partnership.


 

Saturday, May 25, 2024

Insurance Agent Cancels: A. Bailey of Gardiner, Maine

A. BAILEY
SEP
1
1899
GARDINER, MAINE

from The Insurance Yearbook of 1893, listing the officers of the Southern Kennebec County Board of Fire Underwriters.  Mr. Bailey was the vice-president.

Thursday, May 23, 2024

Insurance Agent Cancels: Charles E. Stickney of Springfield, Mass.

CHAS E STICKNEY
DEC 6 1900
Springfield, Mass.

from The History of the Department of Police Service, Springfield, 1900

Tuesday, May 21, 2024

Sunday, May 19, 2024

Insurance Agent Cancels: Hays Brothers of Waco, Texas

HAYS BROS.
JAN
10
1900
WACO, TEXAS

A fire at a cotton gin at West Station led Mr. T. D. Hays of Hays Bros to make a trip to the gin to investigate and perhaps make an insurance adjustment.  There was no need:

from The Waco Daily News, September 9, 1891

Saturday, May 18, 2024

Thursday, May 16, 2024

Tuesday, May 14, 2024

Sunday, May 12, 2024

Insurance Agent Cancels: R. O. Barksdale of Washington, Georgia

 

The R. O. Barksdale home in Washington, GA

R. O. BARKSDALE
AGENT,
Mutual Benefit Life Insurance Co.
WASHINGTON.....GA.

Saturday, May 11, 2024

Insurance Agent Cancels: John M. Picton of Nashville, Tennessee

 

picture from The Centennial Album of Nashville, Tennessee, 1896

JOHN M.  PICTON,
JUL 29 1899

Thursday, May 9, 2024

Insurance Agent Cancels: Frank Appleby of Asbury Park, New Jersey

Theodore Frank Appleby


FRANK APPLEBY
APR
1
1899
ASBURY PARK, N. J.

Appleby was engaged in the insurance business during the 1898 tax period, but he would also begin a successful political career during that time, including as Mayor of Asbury Park from 1899 to 1906.  It is possible, even likely, that the stamp above was used on a check that had nothing to do with his insurance interests.  Prior to becoming mayor Appleby would serve on the state board of education and would continue on the board until 1902.  Appleby was elected to the 67th Congress in the House of Representatives. He would lose his next election for the 68th Congress, regaining his seat in the following election. Before he could be seated in 1924 he would pass away in Baltimore, MD.  During his term in congress Appleby would introduce a bill designed to limit oil pollution. The bill would eventually become the 1924 Oil Pollution Act.

Tuesday, May 7, 2024

Insurance Agent Cancels: Noah H. Pangburn of Beaver Falls, PA

Private Noah H. Pangburn
(1840 - 1908)
Branch of Service: Infantry
Unit: 155th Pennsylvania Infantry

This image of Pangburn can be found at the Antietam on the Web site.  I figure this photo was cropped from a larger photo of his unit.  Pangburn's birth in 1840 made him a ripe age for service in the Union Army during the Civil War.  He survived the war and would engage in the insurance business among other activities.

N. H. PANGBURN,
MAY
29
1899
BEAVER FALLS

Sunday, May 5, 2024

Insurance Company Cancels: Vermont Life Insurance Company

BURLINGTON, VT.
DEC
30
1898
Vermont Life Ins. Co.

from The Burlington Free Press and Times, January 11, 1886

Thursday, May 2, 2024

Insurance Agent Cancels: Butler & Hewitt of San Francisco

Butler & Hewitt was not formed until January 1, 1901.  See the cancels of the predecessor firm, Butler & Haldan.

 


BUTLER & HEWITT
JAN 7 1901

BUTLER & HEWITT
JAN 7 1901