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Newspaper
The West Virginian
Location
Fairmont, West Virginia, United States of America
Date
Dec 19, 1916
Page
8
The market reacted to wartime developments as opinions on the duration of hostilities influenced grain prices. Traders tracked signals from officials and anticipated disruptions, with May wheat and corn futures showing notable movements and volatility.
Pittsburgh December 19 The stock market opened without vigor with mixed results as most issues moved within a point. Trading showed few buy or sell orders and most prices held steady with minor fluctuations.
Oil and gas companies report tests and early findings across Greene, Marion, Ritchie, and Kanawha counties. Several wells show light to moderate production with multiple six to four barrel pumps noted, including near Wardsport, Stilwell Creek, and the Big Injun formation. Changes in pools and wells in Knox, Perry, and neighboring districts indicate ongoing exploration and expansion efforts by Philadelphile, Hype Natural Gas, and other operators.
New York December 1. The stock market opened with irregular trading and notable fluctuations. Industrials saw mixed moves with Industrial Morhol moving from 116 to 107 before closing near 111. Texan Of rose to 199, then 207, closing around 209. International Paper preferred rallied early to 108 then faded, ending around 103. Atlantis Guilt and West Indies declined from 129 to 124.
Citizens face high tension as new ornamental poles for the Great White Way are erected by workers. A main power plant at Hutchinson is kept in reserve to meet load, while the gas pressure system and local factories experience shutdowns to conserve energy. The city braces for continued outages as preparations with the new equipment proceed.
The report lists five new corporate charters granted yesterday under Virginia and West Virginia law. Companies include Wetzel Oil Company of New Martinsville, Morgantown Broom Company, Norton Barber & Taylor Inc, The Standard Wood Company of Wheeling, and The Family Supply Company of Thurmont, detailing their authorized capital and local corporators.
A housekeeping remedy named Krew-Pina marketed as a universal aid for colds coughs and flu like symptoms. Claims emphasize relief from congestion chest issues and asthma with a note about non blistering formula and temporary safety. Mentions availability at a local store and promises customer satisfaction with money back option.
West Virginia Public Service Commission in Charleston orders Monongahela Valley Traction Company to show cause and file objections to proposed electric rate changes in Marion and Harrison Counties by January 22 1917. Hearing set January 26 1917 at 1 30 PM at the Capitol Building. Publication required weekly for four weeks in newspapers and posted in affected towns. Secretary RR Herubeim.
Notice of stockholders meeting for Monaugatlohs Pane of Baroy to be held in Fairmont at the hunting nose, 12 o'clock noon. Meeting to discuss election of directors and various business matters. Date given as November 1, 1310. Darien Hohinbon, President.
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