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I OWE MY SOUL- THE USE OF COMPANY STORE MONEY By: Xavier Pique.

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Presentation on theme: "I OWE MY SOUL- THE USE OF COMPANY STORE MONEY By: Xavier Pique."— Presentation transcript:

1 I OWE MY SOUL- THE USE OF COMPANY STORE MONEY By: Xavier Pique

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17 Denny-Renton Clay and Coal Co. Mine- Washington State

18 Cranberry Fuel Co, WV

19 Eccles Mine, Raleigh County WV

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21 W.M. Ritter Frying Pan Mobile Logging Camp 1927

22 Raleigh County, WV Darr Coal Mine disaster near Van Meter, PA

23 SCRIP- Also Known as… Trade Tokens Flickers Clackers Checks P'lolly
Light-Weights Chinky Tin Dingles Stickers Dugaloo

24 SCRIP=UNOFFICIAL MONEY
Used since ancient times Pay Armies Pay workers in isolated settings Mines Lumber Camps Sugar Plantations Colonies Issued when official currency is in short supply

25 SCRIP Defined as: Any substitute for currency Not legal tender Often a form of credit Redeemable for Merchandise Paper (Bill-like) Metallic or Fiber Tokens

26 TOKEN MATERIALS Copper Brass White Metal Aluminum Bimetallic Fiber (Cardboard or Similar) Many with cutout

27 Coal Mining and Lumber Companies
Paid Workers with scrip Charged Rent- Company Housing Co. Owned Tools Owned Company Store Provided all Services Workers were in debt to Company Unions NOT welcome Way of Controlling Worker’s Lives

28 Knapp, Stout Lumber Company Store- Prairie Farm, Wis. 1870’s

29 Washington Coal and Coke Company
Star Junction, PA- Company Town. 400 Houses Employees as of 1897

30 Vestaburg, PA Coal Company Town

31 Isabella, PA

32 The interior of the Mabscott Coal & Coke Company Store
The interior of the Mabscott Coal & Coke Company Store. Shown Ollie W Dixon, manager (left behind counter); H. Gill, butcher (on right behind counter); and an unidentified customer. Picture taken in 1920's

33 Washington Coal Co. Pay stub, circa 1895
79 Wagons at 5 tons (total=395 tons) loaded in 15 days, 40 cents per wagon, 30 tons/day

34 BRANCH COAL& COKE SCRIP, W.VA., $.50 ,25,.10 & .05

35 COAL RUN COAL CO. SCRIP, CUNARD, WV. ,$ .10 & .01

36 1 Cent BORDERLAND COLLIERIES CO. Mingo, WV

37 1 Cent Millburn By-Products Coal Company-Millburn,
West Virginia. Fayette County. Edkins C1--Rarity--8--Good condition.

38 1 Cent Aluminum Scrip Carter Coal Co, Coalwood, W. Va

39 1 Cent SNAP CREEK COAL CO SCRIP MINE TOKEN LOGAN COUNTY, WV

40 Coal Scrip 1 Cent Wells Elkhorn Coal Co. Estill-KY Floyd County

41 10 Cent, $1.00 Metal Scrip, Virginia Jellico Coal Co., Jellico, TN

42 Olga Coal, Coalwood, WV 1949

43 $1.00 Olga Coal Co, Coalwood, W. Va 1943 Olga Coal Scatter Tags

44 Olga $5.00 Olga Coal Co, Coalwood, W. Va 1943 Reverse Unknown

45 Lumber Scrip 1 Cent Champion Paper-Hamilton-OH-Butler Co. …
Trantow 1190

46 LOGAN County COAL CORP. 25 and 10 Cent MINE SCRIP, LUNDALE, WV 1946

47 COAL SCRIP FROM THE MARY MARTHA COAL MINING CO. AT SPRIGG, W VA

48 $1.00 Consolidation Coal Co, Coalwood, W. Va
“Payable in cash on paydays when due to employee to whom issued” “Ingle-Schierloh Co, Dayton, O” “In MDSE. Only * Not Transferable”

49 1 Cent Consolidation Coal Co., Coalwood, WV

50 The Black Mountain Corp, Kenvir, Ky 50 Cent

51 Consolidated Timber Co, Glenwood, OR 10 Cent White Metal 1940s
Trantow lists the piece as R-5 (75-99), Hemphill as R-4 (11-20). The piece is struck in white metal, 21 mm The Consolidated Timber Co. of Glenwood was formed in 1939 and tokens were ordered in 1941.

52 BLOCK COAL & COKE CORP, BLOCK, TENN

53 J.P. Medernach's Saloon, in business in 1901 in Pendleton, Oregon
5 Cent White Metal

54 O. (Otto) A. Giles, The Club in Freewater, Oregon.
Ten cent token, aluminum, octagon, 27 mm. R-4 (11-20) in Hemphill.

55 ROLOFF & CARROLL, BILLINGS, MONTANA 12-1/2 CENT

56 Snow Peak Logging Co., Lacomb, OR 5 Cent
Hemphill's Oregon Trade Tokens lists it as R-2 (Common, 35-50) while Trantow's lumber company catalog lists it as R7 (25-49).

57 $1.00 Elongated- East Tennessee Coal Co.

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59 Coal Scrip 10 CENT Darb Fork Coal, Tauber, KY

60 (Lovilia, Iowa) - The Rex Supply Company

61 East Corinth, Me. - Northern Maine Packing Co.
/ Good For 4¢ at the Office Aluminum

62 Jewell Ridge Coal Corp, Jewell Ridge, VA
1, 2, and 5 Cent Tokens

63 Monaghan Mill Store, Greenville, SC 5 Cents

64 ENTERPRISE MILL, AUGUSTA, GA 5 CENT ALUMINUM

65 J.A. OWENS & SON JECCO, AL 5 CENT

66 Alabama- Bakers Creek Coal Mine, Drifton
Bimetallic Token

67 Gibraltar Coal Mining Co., Brownie, KY

68 Southwestern Mercantile Co. Dawson,New Mexico
Reverse Design and Denomination Unknown

69        50 Cent Scrip.  Yankee Mercantile Co., Yankee, NM

70 Liberty Trading Co, Madera, PA
$1 and $5 Token- Signed by W.P. Cornely, Treasurer

71 Madera Trading Co, Madera, PA
$10 Token- Signed by W.P. Cornely, Treasurer

72 Madera Trading Co, Madera, PA
$1 Token- Signed by W.P. Cornely, Treasurer

73 F.K. Lowe’s Meat Market, Monongahela, W.Va

74 Rare Copper Bimetallic Token F. K. Lowe’s Meat Market, Monongehela, W
Rare Copper Bimetallic Token F.K. Lowe’s Meat Market, Monongehela, W. Va

75 J.W. Wolford & Sons, Linton, Ind. 1895
5 cents and $1.00

76 Clark Coal Co., Wilsonburg, W. Va

77 Oregon American Lumber Co. 50 Cent Bimetallic. 1920’s
Obverse: GOOD IN MERCHANDISE / FOR FIFTY CENTS / 50 / AR BEECHER (signature) / GENERAL AUDITOR / FOR / OREGON-AMERICAN / LUMBER COMPANY. Reverse: ISSUED AT EMPLOYEE'SREQUEST / ON ACCOUNT OF WAGES / O-A / L Co / TO BECOME DUE IN / FUTURE - NOT TRANSFERABLE.

78 ORCO- Orson Register Co, Cincinnati, OH
TOKEN MANUFACTURERS ORCO- Orson Register Co, Cincinnati, OH Ingle-Schierloh, Dayton, OH

79 Howell & Co, Hyde Park, PA 10 Cents - 1862

80 Walker Iron & Coal, Rising Fawn, GA 25 Cents 1863

81 Indiana Iron Works 5 Cents 1856

82 Ohio & Kentucky Coal, Iron & RR Co. 25 Cents 1874

83 Quincy Mining Co., Hancock, Michigan $25 1869

84 H.C. Frick & Co., Valley Mines, PA Paper Scrip- Punchable

85 Mc Neal Coal Co., Yatesville Colliery, PA $2 1860’s

86 Knapp, Stout- Wisconsin $5 Scrip – 1870’s-
Good for Merchandise at Prairie Farms Store Only

87 Haileyville Indian Territory- Hailey Coal & Mining Co
Haileyville Indian Territory- Hailey Coal & Mining Co Oklahoma -10 Cents ’s

88 Edkins Catalogue of U.S. Coal Company Scrip- 3 Vols
Published by National Scrip Collectors Assoc.

89 USE OF COMPANY STORE SCRIP
Stopped after World War II By 1960, all wages paid in legal tender Most old coal mines and mills closed Most tokens buried, discarded or melted

90 COLLECTING COMPANY STORE SCRIP
For many types-only a few remain (Rarity Scale) National Scrip Collectors Association (Tony Chibbaro) World Bimetallic Collectors Club Inexpensive compared to U.S. Rare Coins Many Businesses still use Trade Tokens

91 RESOURCES 1. World Bimetallic Collectors Club 2. National Scrip Collectors Association 3. Edkins Catalogue of United States Coal Company Scrip Volume 1, Third Edition- Scrip from 36 States not incl. W. Va Volume 2, Third Edition- W. Va Scrip Only 4. Catalogue Of Lumber Company Store Tokens Second Edition - Terry Trantow 5. Explosive Control Tokens - David Schenkman 6. Hemphill's Oregon Trade Tokens 7. 20,000 Coal Company Stores- Gordon Dodrill 8. Numismatic Bibliomania Society (NBS) 9. 10. 11.

92 THE END


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