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By: Xavier Pique

By: Xavier Pique

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I OWE MY SOUL- THE USE OF COMPANY STORE MONEY. By: Xavier Pique. Denny-Renton Clay and Coal Co. Mine- Washington State. Cranberry Fuel Co, WV. Eccles Mine, Raleigh County WV. W.M. Ritter Frying Pan Mobile Logging Camp 1927. Raleigh County, WV. - PowerPoint PPT Presentation

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Page 1: By:   Xavier Pique

By: Xavier Pique

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

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Cranberry Fuel Co, WV

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Eccles Mine, Raleigh County WV

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W.M. Ritter Frying Pan Mobile Logging Camp 1927

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Raleigh County, WV

Darr Coal Mine disaster near Van Meter, PA - 1907

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SCRIP- Also Known as…

Trade TokensFlickers Clackers Checks P'lolly

Light-Weights Chinky Tin

Dingles Stickers Dugaloo

Page 24: By:   Xavier Pique

SCRIP=UNOFFICIAL MONEYUsed since ancient times

Pay Armies Pay workers in isolated settings

MinesLumber CampsSugar PlantationsColonies

Issued when official currency is in short supply

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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

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TOKEN MATERIALS • Copper

• Brass

• White Metal

• Aluminum

• Bimetallic

• Fiber (Cardboard or Similar)

•Many with cutout

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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

Page 28: By:   Xavier Pique

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

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Washington Coal and Coke CompanyStar Junction, PA- Company Town. 400 Houses. 700 Employees as of 1897

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Vestaburg, PA Coal Company Town

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Isabella, PA

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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

Page 33: By:   Xavier Pique

Washington Coal Co. Pay stub, circa 189579 Wagons at 5 tons (total=395 tons) loaded in 15 days,

40 cents per wagon, 30 tons/day

Page 34: By:   Xavier Pique

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

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

Page 36: By:   Xavier Pique

1 Cent BORDERLAND COLLIERIES CO. Mingo, WV

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1 Cent Millburn By-Products Coal Company-Millburn, West Virginia. Fayette County. Edkins 1907--C1--Rarity--8--Good condition.

Page 38: By:   Xavier Pique

1 Cent Aluminum ScripCarter Coal Co, Coalwood, W. Va

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

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

Page 41: By:   Xavier Pique

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

Page 43: By:   Xavier Pique

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

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

Page 45: By:   Xavier Pique

Lumber Scrip 1 Cent Champion Paper-Hamilton-OH-Butler Co.

…Trantow 1190

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

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

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$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”

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1 Cent Consolidation Coal Co., Coalwood, WV

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The Black Mountain Corp, Kenvir, Ky50 Cent

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The Consolidated Timber Co. of Glenwood was formed in 1939 and tokens were ordered in 1941.

Consolidated Timber Co, Glenwood, OR

10 Cent White Metal 1940sTrantow lists the piece as R-5 (75-99), Hemphill as R-4 (11-20). The piece is struck in white metal, 21 mm

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BLOCK COAL & COKE CORP, BLOCK, TENN

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J.P. Medernach's Saloon, in business in 1901 in Pendleton, Oregon5 Cent White Metal

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

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

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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).

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$1.00 Elongated- East Tennessee Coal Co.

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Coal Scrip 10 CENT Darb Fork Coal, Tauber, KY

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(Lovilia, Iowa) - The Rex Supply Company

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

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Jewell Ridge Coal Corp, Jewell Ridge, VA

1, 2, and 5 Cent Tokens

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Monaghan Mill Store, Greenville, SC 5 Cents

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ENTERPRISE MILL, AUGUSTA, GA 5 CENT ALUMINUM

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

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Alabama- Bakers Creek Coal Mine, DriftonBimetallic Token

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Gibraltar Coal Mining Co., Brownie, KY

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Southwestern Mercantile Co. Dawson,New MexicoReverse Design and Denomination Unknown

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

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

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

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

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

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

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J.W. Wolford & Sons, Linton, Ind. 1895

5 cents and $1.00

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Clark Coal Co., Wilsonburg, W. Va

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Oregon American Lumber Co. 50 Cent Bimetallic. 1920’sObverse: 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.

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TOKEN MANUFACTURERS

•ORCO- Orson Register Co, Cincinnati, OH

• Ingle-Schierloh, Dayton, OH

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

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

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Indiana Iron Works 5 Cents 1856

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

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Quincy Mining Co., Hancock, Michigan $25 1869

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H.C. Frick & Co., Valley Mines, PAPaper Scrip- Punchable

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

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

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Haileyville Indian Territory- Hailey Coal & Mining Co. Oklahoma -10 Cents 1900’s

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Edkins Catalogue of U.S. Coal Company Scrip- 3 VolsPublished by National Scrip Collectors Assoc.

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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

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COLLECTING COMPANY STORE SCRIP

• For many types-only a few remain (Rarity Scale)

• National Scrip Collectors Association (Tony Chibbaro) http://www.nationalscripcollectors.com

• World Bimetallic Collectors Club http://wbcc-online.com/tokens/us_tokens/uscoal.htm

•Inexpensive compared to U.S. Rare Coins

• Many Businesses still use Trade Tokens

Page 91: By:   Xavier Pique

1. World Bimetallic Collectors Clubhttp://wbcc-online.com/tokens/us_tokens/uscoal.htm

2. National Scrip Collectors Associationhttp://www.nationalscripcollectors.com/

5. Explosive Control Tokens - David Schenkman

4. Catalogue Of Lumber Company Store TokensSecond Edition - Terry Trantow

3. Edkins Catalogue of United States Coal Company ScripVolume 1, Third Edition- Scrip from 36 States not incl. W. VaVolume 2, Third Edition- W. Va Scrip Only

RESOURCES

6. Hemphill's Oregon Trade Tokens7. 20,000 Coal Company Stores- Gordon Dodrill

9. http://www.coinbooks.org/

8. Numismatic Bibliomania Society (NBS)

10. http://www.coalcampusa.com

11. http://miningartifactsii.homestead.com/scriptokens.html

Page 92: By:   Xavier Pique

THE END