davidaulloa/AmericanStories huggingface dataset:
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-26

have this day examined and audited
the Iniglligcucer Hydrophobia Relief FunI
Grcounts, and tind the above balance shee
correct,
tSiguCtl ALLEN BROCK.
Wheeling, Iey :.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-26
RAILROADS.
OTHER TRAINS LEAVE wAEELlNa

OTHER TRAINS LEAVE WHEELING.
For SteubenvIlle and Pittsburgh 7:25 q
m. week days: for Pittsburgh and the
East and for Columbus and Chicago At
risbirE, Baltimore. Washington, Philadel.
mia and New York at S:b5 p. m. daily; for
Steubenville and DenniSon at S:55 p. m.
daily; for Pittsburgh at 700 p: m. week
dHyS: for Columbus, Dayton. Cincinnati.
Indianapolis and St Louis at $3.50 y. m.
week days. City time,
Parlor Car to Pittsburgh on 3:55 p. m. and
p. m, Trains,
Persons contemplating a trip will ind
Il profitable In pleasure and convenience
10 Communicate with the undersigned, who
will make all necessary arrangements for
n delightful journey, Tickets will be pro.
Vided and baggage checked through to des.
JOHN q. ToMLINsoN.
Passenger and Ticket Agent Wheeling.
W, Va. oc4
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-26
MHRELlRG \ ELM GR0YR RAILROAD.

on and after Saturday, February ?, 1895.
trains Will run as follows, city time:
Leave Wheeling. Leave Elm Grove.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-26
OHIO RIVER RAILROAD COMPANY.

'Daiiy. fDaIly except Sunday. Eastern
Time.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-26

bOuln bOullu,
Via l',.C..C.&sLL, II
Pittsburgh, Pa.IN.
Wheeling ..s.y.Ar.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-26
WEEKLY CROP BULLETIN

wheeling, May q, 1887.
New-York tribune., 1897-01-30

In all matters pertaining to insurance Greater
New-York is. and will continue to be, the centre
for the United States
The companies chartered and resident In
Greater New-York have paid-up cash capital OF
thirty million dollars and accumulated cash as
sets Of one billion. two hundred and twenty-five
million dollars more than half the entire valua-
ton of the real and personal property of the city
The list includes the largest and most enterpris-
ing companies in every line Of the business. and
New-York underwriters ever foremost in
energy. enterprise and every effort to enlarge and
improve the business.
History tells the story Of earth's heroes In
ages pasta crimson record Of war. conquest
and oppression the wreck Of nations seeming
the only labor that inspired the ambition OF
earth's greatest men. To-day the world gazes
upon men Of far greater genius and executive
ability. and sees them seated in the quiet offices
of great insurance companies. banks and railroad
corporations surrounded by maps OF the world
and subordinates who personally know every
part OF 1t and its needs issuing instructions to
industrial armies greater than Caesar or
Napoleon ever saw. that fighting in every
New-York tribune., 1897-01-30

his trunks and wardrobe. wherever he travels,
In home or foreign lands
III shipowner. he need have no anxious
thought of his sails at sea. for ship and freight
and cargo are carefully 1alued before they
clear from port. goodly profit Is added TO the
value Of the cargo. and insurance for the full
amount lies in the owners safe before she
sails II then the good ship is lost and her crew
escape. the owner smiles serenely, in the priv
acy Of his Office. ships duplicate cargo by an
other vessel. and credits on his books double
profit upon that transaction"
This catalogue of benefits afforded by insur-
seemed complete to the circle Of listeners.
but the stranger continued: This is only the
beginning of the story. Insurance is. in a word.
the practical application of the great under
lying principle of American civilization. VIZ. CO.
operation the sharing of gains and losses to
the end that the nations prosperity may mean
the prosperity of every individual who is indus
trous and honest
ITO this end. enterprising underwriters have
studied to cover. by their insurance contracts,
every business transaction where the elements
of disaster enter. and so provide, by the small
New-York tribune., 1897-01-30

of the insurance companies and then the bring
ing of death. or fire, or other calamity upon the
persons insured. ii. order that the promises OF
indemnity may be repudiated
4 quiet stranger joined in the conversation as
# was waxing hot His first remarks bespoke
his connection with the business under discus
sion. and new and lively interest was added to
the conversation from that moment.
''Gentlemen" he said, does it occur TO you
that the much abused insurance companies are
to-day far more important factors in our social
and industrial economy than all OF the banks or
the land; that these and thousand other indus
tries labor and bring the fruit Of their labors
to the insurance companies for treasury against
the time of disaster or for safe investment
and sure return? And have you reflected that
the poor human insurance agent is a more con-
stant and necessary business adviser than your
doctor, your lawyer or your business partner;
that he knows your affairs even better than you
do: that his business touches your life at every
point and that to properly practise his profess
wider knowledge. a buster brain and more
watchful care for your affairs than any other
man in the world"
Such sweeping claims for insurance brought
instant smiles to the faces Of the little circle Of
political economists and the gauntlet so bravely
thrown down quickly taken up.
With odds Of 10 to l against him. the stranger
New-York tribune., 1897-01-30
SCLENTIEIC INNTRL MEhTS.

Drawing materials for art instruction ana TOT
'he use Of artists. instruments Q! all hihuS
Which are essential in the architect, engineer
and surveying professions together loft"
Considerable factor in the volume or inetropo"-
Tan commerce The aggregate annual vaiue Oh
business in this direction is computed al
1900 600 There are twelve separate hrms IN
Eew-York which make a specially OF manu-
iacturng and selling these articles. Ihe iocai
traffic is heavy. and this is supplemented pv d
large shipping business with the interior OF
the country. Schools and colleges annually re-
quire large quantities Of drawing materials ana
scientific Instruments. and the increasing per =
sonnel Of the professions and Of the NUMBER Ok
Students Is constantly widening the market
New-York tribune., 1897-01-30
LOCOMOTIVE BUILDERS.

While no locomotives are built actually IN
New-York. there are seven out of the ten cor.
porations engaged in the manufacture whose
offices are located here. and this Is the pore
whence locomotives exported TO other coun-
tries and where distinguished foreigners arrive
with a view Of placing orders. The American
firms having agencies in NewYork represent
capital of SlOOOOOOO. In prosperous times they
turn out 1000 locomotives a year averaging In
value $4,000 each. Ten per cent Of the engines
built are sent abroad. The majority go to South
America, but lately a great many have sone to
Russia Sweden and Japan and a few 10 emma.
During the past few years some OF these giant
propellers have been built for Australasia. but
never has an order come from Australia ana
New-Zealand. In England the railroad com.
panies build their own locomotives, but here IN
America the builders are distinct corporations.
with the exception OF the Pennsylvania Rail-
road. which produces its own engines at Al.
toona The locomotive builders and railroad
supply manufacturers are generally located on
the line Of railroad for which they manu-.
facture, and while some Of the railroad officials
are interested personally. the railroad company
and the locomotive building firm invariably
separate and distinct corporations. During the
year Of depression. 1896. only 2oOO locomotives
were built, but even this comparatively small
number represents an enormous power. For In.
stance 300 locomotives have 2.WO.OOO horse.
power with a capacity OF pulling a freight train
700 miles long. and burning $1,000 tons Of coal
. day. 1
New-York tribune., 1897-01-30
MARINE INSURANCE.
COMPANIES ENGAGED IN THIS BUSINESS
TAKE RISKS AMOUNTING TO G'solS-
4a5-WORK OF THE BOARD OF
MARINE UNDERWRITERS

When a report reached this city recently that
q vessel had gone ashore at the West Indies in
q calm there was a suspicion in shipping cir
cles that there had been foul play on the part
Of the captain. This suspicion was partly con-
6rmed when the crew of the stranded vessel
arrived In New-York on another ship, ana
charged the captain directly with having run
his vessel aground. OF course. it was the
crews word against the captains as to just
what had caused the loss Of the ship. There
could be no sufficient evidence obtained with
which to convict the master Of having COM
mtted crime.
A report similar to this is circulated OCCASION
good reason and the crew saved without nav
ing had their lives endangered. 1t Is impos-
sible to prove that the vessel was lost with
malice aforethought on the part OF the captain.
but that such is often the case all the attendant
circumstances go to prove
Why should the captain Of a ship deliberately
place her in the way of being destroyed? For
the same reason that the desire to obtain the
insurance on houses leads to the breeding OF
that pest to society. the hrebug. The captain
must of course be an owner. in part or in whole.
of the ship which he wishes to destroy for the
sake of the insurance her. And when he
is in some distant it is no difficult matter to
run her on the rocks through a miscalculation
Of currents in such way that the men may
easily be saved. and so tn there may be sufii-
cient plausibility about the loss for the nsur-
New-York tribune., 1897-01-30

ar ce companies to accept it's consequences WIN
out question. 1t is next TO impossible for the
companies to convict captain, and they usual
" pay the risk taken by them without litiga-
ton
1t Is to prevent just this, as far as possible by
careful inquiry into the causes Of wrecks ana
to determine the amount Of damage done to
vessel by stranding or running on rocks that the
Board OF Marine Underwriters mutual organ
ization OF marine insurance companies, mas
agents in all the principal ports OF the world 10
look after their interests. These agents are or
course concerned in some business. usually OK
a shipping nature. but at the first report OF
wreck within the district to which they are as
signed they must repair to the spot and begin a
careful survey OF all the circumstances attend
New-York tribune., 1897-01-30

Total one year. .14l73 SSS.2S3.sl2 4,2A N55,S9O,S1S
The above figures show about the same num-
Der OF parcels conveyed in 1896 as in 1870: yet
the money invested appears to be less without
consideration these statistics would to some ex-
tent be misleading. as more parcels have been
recorded as having been conveyed for nominal
consideration in 1896 than the case during
1895. During the year ending January l there
were 1878 parcels recorded as having been
thus conveyed. while during the same period OF
1895 there only 1,10S. showing a differ
ence OF go parcels. for which no actual value
has been placed record
IL is much 10 be regretted that the law govern
ing conveyance is defective in that 1t per-
mits nominal fictitious values to be named
in the transfers in place of the actual considera-
ton for which the property was sold On this
account It is impossible for any to form
lust estimate Of the actual value of the property
that has changed hands by resorting to the
legalized return. The figures shown above are
simply those which were reported. and there is
no avOuchment of their validity.
Mortgages were filed follows:
New-York tribune., 1897-01-30

above figures. is largely handled by brokers who
devote their entire time to this branch Of trade In
the city. There are probably 1000 10 900 in
all During certain hours Of the day they are
nearly all represented, directly or indirectly, on
the floor Of the Exchange. although they are not
all members of the Exchange. The Real Estate
Exchange and Auction Room. Limited, is located
at Nos 30 and Gj Liberty-st 1t occupies ana
owns large and commodious building, specially
adapted for the transaction of all kinds of busi-
ness in realty. A bureau of information is pro-
v!ded for the use of its members the records OF
transfer Of property the recording Of deeds ana
mortgages and other information necessary in
the business It has a membership Of 90 we'll
known real estate brokers The following are
the officers and directors elected for this year:
Alfred L. Marng. president; John r. Doyle. nrst
vice-president: Samuel Mcmillan, second vice
President: Charles f. Hoffman. Jr.. secretary, j.
Edgar Leaycraft, treasurer; Augustus n. car
penter. Solomon de Walltearss Richard \. Har-
nett, Moses Ottinger. Charles A. Peabody, Jr'
Alfred l.. White. Richard Deeves and John {. H.
New-York tribune., 1897-01-30

! was ayparently in a hopeless controversy; but
with quiet smile that betokened knowledge OF
his ground he said, Il will wager that no one
of you can name ythng pertaining TO material
matter on our particular section of this green
earth that insurance does not concern. or con-
cerning which an insurance man may not be
called upon to know something at any time.
And now. to support such seemingly absurd
claim. let me run over a few items OF the pusi
ness that will indicate it's far-reaching scope
and will leave you to follow them from the
point Of suggestion
Suppose we begin with the individual. Lie
insurance will conserve his savings ana repay
same with interest. to him. in a lump sum- a'
specified date endowment. or In ahnual pay :
ments as an annuity or will pay the same
after his death to his heirs or creditors III VIII
cover the wife and children Of the poor man.
bringing him the sorey needed means 10 meet
the bills Of the doctor and undertaken when
death enters his cottage. Accident insurance
comes in to increase mans estate If he falls
victim to our modern juggernaut. the trolley
or returns it's weekly stipend Of SD to Sloo for
arnica and bandages. If ne falls off his wheel
or slips on a banana skin. Last and not least
it will protect his business partnership pIovid-
ing compensation for loss Of his partners SER
vices or the funds to buy the widows interest
and leave him sole owner where he formerly had
but half interest
Fire insurance will protect mans dwelling
and its furniture ard art treasures. his store
and merchandise, his factory and its con-
tents his stable and horses the shade trees In
his grounds. growing grain on his farm timber
and forest trees upon the mountains. the rents
OF his buildings the profits Of his factory mer-
chandise In transit upon land sea. and even
New-York tribune., 1897-01-30
STERN BROTHERS. STORE.

the year 1874. and there are now fourteen COM
panies doing business in the United States. SIX
of which are located in this city. The total pre-
miums OF these six companies for the year 1870
amounted to 81 $50 900 while the eight remain
ing companies outside of New-York did business
amounting to about S1OO,OW.
Competition is said TO be very close Rates
are lower to-day Than ever before. as direct
result OF this competition. and losses have fallen
very heavily on many OF the companies. One
Of the leading companies states that IL paid
1000 losses last year. or an average of twenty
four per working day. The losses OF a plate
glass insurance company arc adjusted mmedi-
ately. Upon report of loss. the company dis
patches it's surveyor at once To replace the broh.
en- glass. The insurance under one OF ths ir pol.
icies covers accidents only, as the fire inSurance
companies are held for all losses by fire
New-York tribune., 1897-01-30

now want or supplying new demand In an
other field the great insurance companies are
very important; their enormous accumulations
81 funds require the safest permanent invest
ment so they become the largest purchasers OF
bonds stocks and mortgages upon real estate
thereby serving the public in double capacity
by holding its savings to repay after years OF
accumulation and advancing great sums to
carry out enterprises tar beyond the ability OF
individuals to undertake. Some companies make
a specially Of small real-esta,e mortgages at low
rates Of interest. and others loan to their own
policy holders upon the security OF their indi-
vdual policies and at the lowest current rates
Of interest one New.York company having
New-York tribune., 1897-01-30

ing the disaster. The agents report when made
I'D is submitted to the Board OF Underwriters
and on this is based the payment for damages
IL the vessel be not a total loss.
A realization Ct the extent to which vessels
are insured and the amount OF risks which ma
rine insurance companies take in insuring YES
sells. may be had from the fact that the total
amount Of marine risks written In tho yeur
1895. no later report having been published
was 81. 2.7SO. 1888. 40j. or this amount S1.93o.-
555.137 was written by purely marine in9urance
companies. and $si4.62S.35S by joint :ife and
marine companies. OF the amount written by
purely marine companies. Sl169.5Sl 81. of risks
we're assumed by home companies ana S1.610.-
New-York tribune., 1897-01-30
loaned in 1896 to 1900 Of its policy-holders sums
aggregating SO, 900, 900, at 5 per cent interest


aggregating S3.O0O.OOO, at per cent interest
1t is not strange that institutions conducted
upon such liberal plans and so obviously OF 'he
people, for the people" should find each
year adding to their strength. enlarging their
patronage and thereby permitting continual IN
crease In their usefulness
1t would be difficult TO ascertain the amounl
which has been invested by insurance companies
in real estate in Greater New-York but the AS
SCISSORS rolls show that they own and occupy
Office buildings aggregating fully thirty million
doars in value and assessed and taxed TOT
more than twenty million dollars. They nave
been conspicuous leaders in real estate improve,
ment. building in advance Of their neighbors ana
continually adding to the value OF all a93acen'
The same policy has been pursued IN lorelSn
fields, and In the leading cities OF Europe the
magnificent buildings erected by American an
surance companies worthy monuments OF
the institutions they represent and substantial
pledges OF fidelity to all their foreign pohcy
holders.
Nothing Of architectural design could be more
symbolic OF the character and importance VI
these great companies than their monuments ~ a.
office buildings. Their foundations are iaid
broad and deep on the living rock steer ana
granite marble AID bronze, inwrought win
an art at which the world still wonders, are tne
lasting materials with which they build ana Id,
above roofs and spires, beyond the hustle ana
noise the dust ald smoke their startling out
lines against the skv mark nights or genius anu
feats of skill by those who nave planned anu
builded, undreamed of generation ago.
It is fitting that costly structures be reared py
such corporations for their foundations also are
laid wide and deep; they have been honestly
builded and they tower far above anythihg AZ
tained in other lands, monuments alike or the
energy and enterprise OF Ameflcam f tS BENEFITS
resulting from all legitimate insurance Invest
ments by the people.
New-York tribune., 1897-01-30
Total Il months 1929 s2?1 O32 1884 756S5

The above statistics will be better understood
by a division of the aggregate according 10 the
rates Of interest demanded for the money
loaned. During the last year there were re-
corded 6,614 mortgages. involving the sum of
S56, ,+51 ,099, with interest above per cent;
also 661S mortgages making total of S1OS.-
S0S.9i1. requiring per cent interest and
1890 mortgages. amounting 70 1I.2OS9s6,
where the interest demanded has been less than
! per cent During a similar period Of 1890
there were recorded 6,53S mortgages, hav-
ing an aggregate Of S50410213 with interest
over per cent; also 6569 mortgages, involving
the sum of $1l24 093. where :, per cent. in
terest was required. and 2,231 mortgages.
amounting in value to S62S5S,219 where less
than : per cent demanded.
Lastly and most important OF all as showing
the march Of Improvement in building are the
new buildings for the year, with their estimated
cost of construction
New-York tribune., 1897-01-30
WIDE INSURANCE POWER.
COMPANIES OCCUPY BUILDINGS VALUED
AT FULLY $4,000 OOO-THEY HAVE
ACCUMULATED ASSETS OF ST.
225OCOOOO - COULD BUY
ONE-HALF OF NEW
YORK CITY.


EVERY FORM OF CATASTROPHE THAT THE IMAGI-
NATION CAN CoNJURE Up Is INsURABIE
WHETHER ON LAND OR on WATER
GREATER NEw-YoRK THE CEN
TIRE OF THE INTEREST
group Of men sat ore evening around the
stove in the office OF an old New-Jersey inn
when the conversation chanced to touch upon
fire that had occurred in the village few days
before. and soon the entire circle was deep in a
discussion of matters pertaining to insurance.
As usual. there was much of anecdote argu-
ment and criticism tending mainly to show that
insurance is a transparent scheme for getting
money from the confiding public for the sole use
New-York tribune., 1897-01-30
PLATE CLASS INSURANCE.

The insurance Of plate glass IS comparatively
recent factor in the insurance field. but during
the short time companies Of this character have
been competing for business. owners II build
ings have come to regard this form OF insurance
as necessary those on life or against fire. In
conversation with the president Of the ieadnS
company Of this kind in the world. we learn that
the plate glass insurance business was first car.
ried to a successful issue in this country about
New-York tribune., 1897-01-30
for the year. which were held in various 'o.an-
ties and officially reported to the au'nor'''es'
- .,c,ion sales bv months were as follows: |

Total for twelve months. Sso62S.'2l s2SlS's2S
Naturally follow the statistics of conveyances
Of property and these figures are outlined in the
appended table 0o
New-York tribune., 1897-01-30

Total p months.S.22s s70l47.l45 374s ssS.o377s
The vast amount of business transacted in
realty during 1896 as represented by the