manager of branches; H. M. Reed, vice president and general
manager of factories; Willard C. Chamberlin, vice president
and general sales manager; M. C. Wilde, assistant treasurer;
Jas. DeHaven, assistant secretary; Theo. E. Mueller,
assistant general manager of factories.

STANDARD UNDERGROUND CABLE COMPANY

Richard S. Waring (deceased) was the founder of the
Standard Underground Cable Company, in 1882; he was
a real pioneer,—a man of vision; and his venture In the new
and untried field of underground cables was the first speaific
 project of the kind in the United States.
Many discouragements and difficulties were encountered,
including opposition, or at least no encouragement by public
service companies, who naturally did not relish the thought
that they might be required to spend large sums of money
to remove their overhead wires from the streets and place
them underground without long proof of permanence.
But Mr. Waring was an outstanding example of the type
of men who never acknowledge defeat, and whose extraordinary
 foresight and courage spur them on in spite of
seemingly insuperable obstacles. Before many years public
service companies realized the value of underground cables,
and nowadays such cables have become an indispensable
part of their equipment in the larger cities.
There were associated with Mr. Waring in the later formative
 period of the Cable Company some of the promiaent
 leaders in other Pittsburgh industries, such as B. F.
Jones, Sr., John and Willis Dazell, John and Frank Moorhead,
 Mark W. Watson, George B. Hill, Jacob Painter, Jr.,
and James H. Willock, and finally (in 1886) George Westinghouse.

The company was first organized as a New Jersey corporation,
 but in 1889 it became a Pennsylvania corporation,
by receiving a charter signed by Governor James A. Beaver,
on June 4 of that year.
It was only a few years after 1886 that the company
began its unbroken record of cash dividends, interspersed
aow and then with stock dividends out of surplus earnings,