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Newspaper
The West Virginian
Location
Fairmont, West Virginia, United States of America
Date
Jun 16, 1916
Page
10
Market activity was subdued as the regular financial session drifted, with cautious trade in oil and gas producers and produce sectors. US steel showed steadier tone while quarterly dividends were noted, and overall stock sales reached modest totals amid labor and Mexico uncertainties.
Pittsburgh June 16 report notes activity in oil and gas fields with several wells completed or in progress across counties. References to J. Pont farm, Hig Crook Davato, and various units drilling through Berea sand and other formations. Mentions production levels, new pools, and anticipated future output amid cautious outlook for large scale increases.
iGrain and Produce reports a mixed Minnesota market after rain, with prices fluctuating and some declines. The session shows higher averages despite varied deliveries, with July and September options influenced by corn and soybeans, while receipts weigh on trading activity and strength appears modest.
In Mannington district Marion county and Calhoun county, Sherman district, key gas strike connected to Gox Natural Gas is noted as among the most important developments, with details incomplete and language unclear. The entry references oil and gas activity near dig wells on local farms and districts.
A notice from Fairmont West Virginia records the May 20 1916 meeting of holders of Model Laundry Company stock. It approves dissolution and surrender of charter under West Virginia law, directs debt payment and asset division among stockholders, and transfers corporate franchises. Public action to wind up includes board plans to convert property and settle liabilities.
Winfield note reports Viola Hall of Mersantowen visiting relatives. R. Hall listed as father. Several neighbors including Mr and Mrs David Matter, Orron Satterfield, Curtis Atterfuld, Wilma Hayline, Matnie Taker, Mabel Sutterfield, Henry Baker, James Baker, and John Boyed with children were seen during weekend calls and visits.
The United Woolen Mills Company will open its twentieth store in a rebuilt building at 686 and 538 Smithfield Street Pittsburgh opposite the Oliver Building. Possession was May 1 and completion is soon. The project, started a year ago, covers about twenty years at rent totalling roughly half a million dollars. An illustration shows the final appearance.
Hobey Baker enters the aviation corps under General Leonard Wood, joining a civilian service drive that links athletes to war effort. Baker discusses training, the blend of sport and aviation, and the push for American youth to support military service during wartime.
A fragmented report notes individuals in sport and health insurance context. It mentions hockey players, a St Nicholas skating club, and amateur league championship. A patient in hospital receives disability benefits terms and indemnity details. The text blends sport, work, and injury with insurance specifics.
Brief dispatches report that a wage dispute between two parties and their employees has stalled, with talks extended over two weeks and a potential strike looming. Predicts a likely strike action if a deal is not reached.
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