Clipping:Financial condition of the Pittsburgh Club; ownership

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Date Saturday, September 6, 1890
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President J. P. O'Neill, of the Pittsburg National League Club, yesterday made a statement relative tot he condition of the club. He said:-- “There is no danger of the club going to the wall. The recent trip was a success financially, and the organization can meet all obligation. We have really reduced our old indebtedness over $5000 this season, haven't lost any money have four players signed for next year and will be to the front with a good club.

“I'll admit that it does not look well to see so many suits entered against the club, but they were all old accounts before I took charge. Besides, some persons have gone out of their way to injure us.

“Mr. Pratt agreed to take stock, and informed the newspapers that he had done so. He told us that he was 'solid' with all the newspaper men and could get certain men who sided with the Brotherhood to give the League nine a better show. We agreed to this, and each stockholder agreed to give $500 worth of his stock to Pratt for $500 of his claim for goods, or $2000 worth of stock for $500.

“There will be no more transferred games. Our series with Chicago on Anson's grounds will not be played here, as arranged, but in Chicago, as by the original schedule.”

Pratt admits O'Neill's statement about the stock, but asserts that he told the stockholders he must get Spalding's consent. Mr. Spalding, he says, didn't want the stock at any price. The Sporting Life September 6, 1890

[from Ella Black's column] The only surprise of the last ten days was the National League club trouble that was caused by the suit entered against the stockholders by Mr. A. G. Pratt, Mr. Spalding's agent here, to recover his bill of several hundred dollars for uniforms and equi0pments he had sold them. The Sporting Life September 6, 1890

Source Sporting Life
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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