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Commercial
October 21, 1891
The Durham Daily Globe
Durham, Durham County, North Carolina
What is this article about?
In Harrisburg, Pa., on Oct. 20, announcement of a new competing pipe line for Standard Oil: surveyed from Pittsburgh to Philadelphia, capacity 40,000 barrels/day, cost $1,000,000, completion by next March, with branches to West Virginia fields, backed by Andrew Carnegie and Mellon Brothers.
Clipping
OCR Quality
98%
Excellent
Full Text
OPPOSITION.
The Standard Oil Company to Have Competition.
HARRISBURG, Pa., Oct. 20.-It is announced here that the Standard Oil company is to have opposition. A route has been surveyed for a pipe line from Pittsburg to Philadelphia and men are now going over this route securing right of way. The cost of the line, which will have a carrying capacity of 40,000 barrels a day, is estimated at $1,000,000, and is to be finished by next March. The branch lines will also be laid into the West Virginia fields. Andrew Carnegie and Mellon Brothers are said to be the backers of W. L. Mellon in building this line. In a magazine article Mr. Carnegie stated that all great monopolies would fail, and said that the entering wedge for the dismemberment of the Standard Oil company was in Pittsburg, in the person of a young man.
The Standard Oil Company to Have Competition.
HARRISBURG, Pa., Oct. 20.-It is announced here that the Standard Oil company is to have opposition. A route has been surveyed for a pipe line from Pittsburg to Philadelphia and men are now going over this route securing right of way. The cost of the line, which will have a carrying capacity of 40,000 barrels a day, is estimated at $1,000,000, and is to be finished by next March. The branch lines will also be laid into the West Virginia fields. Andrew Carnegie and Mellon Brothers are said to be the backers of W. L. Mellon in building this line. In a magazine article Mr. Carnegie stated that all great monopolies would fail, and said that the entering wedge for the dismemberment of the Standard Oil company was in Pittsburg, in the person of a young man.
What sub-type of article is it?
Monopoly Or Cartel
Transportation
What keywords are associated?
Standard Oil Competition
Pipe Line
Pittsburgh Philadelphia
Andrew Carnegie
Monopoly Opposition
What entities or persons were involved?
Standard Oil Company
Andrew Carnegie
Mellon Brothers
W. L. Mellon
Where did it happen?
Harrisburg, Pa.
Commercial Details
Location
Harrisburg, Pa.
Event Date
Oct. 20
Commodities
Oil
Key Figures
Standard Oil Company
Andrew Carnegie
Mellon Brothers
W. L. Mellon
Notable Details
- pipe line from pittsburgh to philadelphia
- capacity of 40,000 barrels a day
- cost estimated at $1,000,000
- to be finished by next march
- branch lines to west virginia fields