davidaulloa/AmericanStories huggingface dataset:
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
STOCKS AND BONDS.

NEW YORK, May 25.-Gains of a
fraction were the rule in the opening
trading. Chicago, Indianapolis & Louis
vile and Cleveland, Chicago, Cincinnati
& st. Louis rose IA each. Continental
Tobacco opened up about a point, but
American Tobacco receded a fraction
under offering of some heavy blocks.
Inc business generally was on rather a
small scale.
Trading was nervous and gains of a
point by the southwestern and Wheel
ing & Lake Erie did not counteract
weakness in the grangers and realizing
in Sugar and Metropolitan Street Rail-
way, which had momentarily made
gains. American Tobacco rallied 211
from the lowest, while Continental To-
bacco was off pa from the best. Minor
stocks made progress upwards. Hook
ing Valley common and preferred, Min
neapolis & st. Louis, Consolidated Gas
and Republic Steel preferred rising Ia
~. The trading generally was apathe-
tic.
Except for an advance of 3% in Con-
tinental Tobacco preferred. 2 in North
American and 1 in International Power,
prices dropped. There was a feeble
rally on the bank statement, but efforts
to tane profits turned prices down again.
Northern Pacific sold at 200, compared
with 2G5 for the last sale on Thursday.
The reaction ran to 3k in American
Tobacco and 3A in Continental Tobacco,
and to a point or oyer in st. Paul. Atch-
ison, Union Pacific, Erie and Metropoli-
tan. The closing was very dull and
about steady at the decline.
Call money nominal. Prime mercan-
tile paper 4G4A per cent. Sterling ex-
change nominal. with actual business In
bankers bills at S4SSAG4.ss% for de-
mand, and at A.S43s for sixty days;
posted rates. SASSY and $3.50; CONNER
cial bills, s4.S4d4.s41z. Silver certif-
Gates nominally 60c. Ear silver, s9Esc:
Mexican dollars. 4S1ac. State bonds in
active. Railroad bonds steady. Gov
eminent bonds. weak. Refunding Is
registered, 1864; coupons. 1861: 80
registered, 100; coupons, 100; new Is
registered. 1888; coupons. 1873: old As
registered, 1871: coupons. 1871; IS
registered, 10S&; coupons, 1vSz.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

two tracts az land ~adjoining town q
the South Penn Oh co.
Yesterday the South Penn OIL Com
pany located a well on the Van Martin
farm, two miles north Of this place.
This week the Carter Oil Company
drilled in a we'll on zimri Flannagan'a
farm, on White Oak creek, in the
southern part of Richie county, that is
reported good for 100 barrels per day.
This strike is in advance OF any de-
velopment in the county. and has
stimulated leasing Of property in that
section.
Near Holbrook a location has been
made on the Adams farm.
At Pullman. the G. W. Hayhurst well
has been drilled through the Big Injun
sand and is dry. but is to be drilled
through the Gordon formation.
The Dual Oil Company is preparing
to drill another we'll on the O. Rine~
hart lease on Goose creek.
The Barnsdall Oil Company has made
a location on the Ingraham farm, also
on Goose creek.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Chicago Advices.

-AICAGO, May 25.-Wheat-Market
closed at 73 for July. 1t being a holt
day in Liverpool, there were no mar
kets from that quarter.
Here the market was dull and steady
through the day. Frosts were reported
in the northwest, but no damage is
apprehended. The weather is, however,
cold over the entire wheat belt, with
predictions OF some frosts tonight.
This had appreciable effect, however,
upon speculative feeling. Indications
are that the worlds shipments will be
about seven and a half million, and that
the visible supply will Show a moderate
decrease. Cash demand slow, primary
receipts $4,000, against $50, 900 last
year. Shipments, 1863, 900, against 1885,
900. Estimated cars, So.
Corn-July closed 43M; the tone Oh
the market was dull and easy. Specula-
tive operations are small and slow,
and the market is depending more for
its support on shipping demand, which
is not very sharp. Local stocks will
probably increase some for the week.
Weather is cold v @ the corr belt.
but there are no complaints so far.
Primary receipts, $50 900, against ST.
600. Shipments $4,000, against $685.
900. Estimated cars $40.
Oats-2S$ for July. Tone is steady.
but the market was generally dull.
Speculative operations are devoid OF
feature. Shippers were rather better
buyers of May oats. While there is
no change in the character of crop
reports, the feeling is that the moist
and cool weather should rather help
the outlook. Estimated cars, 315.
Provisions-The market was dull
and setady; prices about unchanged
from yesterday. Receipts of hogs at pri-
mary markets for the week, ATS. 900:
429. 900 last year. The shipments OF
product for the week are in excess
of last year. Speculative operations are
small and featureless.
LOGAN.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

New York Mail and Express.
Foreign bankers doing bushes in this
city say that the recent corner in
Northern Pacific stock has caused the
importation of at least sou, 000, 900 worth
of these securities. They say further
that fully s200,0 900, 900 worth of other
American stocks and bonds have been
shipped to this country since the cleo
ton last fall. When account is taken
of European government and municipal
loans f1oated here and of Canadian and
Mexican bonds imported from London,
Paris and Berlin, the amount of value
that has been shifted is only a little
less than half a billion dollars.
Commercial bills are very scarce and
most bankers are writing a large
amount of time bills to be covered when
grain shipments become heavy. 1t is
admitted that this condition mieht.
however, result from speculation in ex-
change. those who hold that view dis
pute the liquidation of the foreign bal
ance due the United States.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Not to Buy Altoona Plant.

1t is believed that the American LOCO
motive Company will acquire all of the
locomotive building plants in the Units
ed States except that at Altoona. which
is operated by the Pennsylvania Rail
road. This company manufacturers
most of its W engines, and will con-
tinue TO do so.
Active negotiations for the Baldwin
company are expected as soc as one of
the leading stockholders of that COM
pany, who is now abroad, returns. It
is said that it is merely a matter of
price. Technical denials of the nego-
tiations came from Philadelphia to-
day.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
The SpecuIaxors.

New York Mail and Express.
If present expectations as to the ex-
tent of the agriculture yield are realiz-
ed, then a continuation of the enor-
tonnage of the railways will be
assured, and industrial activity will be
maintained as a natural sequence. Such
prospects, however, do not weigh much
with the smaller class OF traders, who
are now in control Of speculation.
hence the lack of proper response in
market values.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Ashwell q Co.'s Views.
Mail Advices to White & White.

NEW 1OVttA, may ~.
Dear Sir-The market has had quite
a rally from the low prices OF the panic
OF a few days ago, but 1t will take some
time for the public to get over the
shock which it received at that time.
While some few stocks may advance
to higher prices for some special reas-
on, yet we are OF the opinion that the
general list for the next month or two
will luctuate within narrow ranges
and will quite likely have a downward
tendency and will be what is termed a
traders market. We, therefore, advise
the sale OF stocks on any rally and
re-purchases only on declines, being sat
isfed with n or two points profit.
Yours truly,
ASHWELL & co.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Remarkable Growth of Australia
indianapolis Times.

Indianapolis Times.
Remembering that Australia has O.
973, 900 square miles of area as against
our 3,603, 900, but only 1000, 900 inhabi-
tants to our rs 1000, 900, we can better
realize what stride those 1000, 900 peo-
pie have made in every modern way.
1t is only about fifty years since Aus
tralia ceased to be a convict colony;
since then, even with a soil of which
two-thirds is a desert, it can now fur
nish the world with one-fourth of it's
wool in quantity and one-third of it in
relative value. Its mineral output alone
amounts to about $25 for every inhabi-
tant. Australia can do better than that,
though, in a paternalistic way. She can
outdistance her mother country; against
England's 40 million people and 45O
million dollars of revenue she puts her
four million people and $50 millions of
revenue and offers every settler $3.50
per capitalize highest average in the
world.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
yESIFDIIS MARKET
ALMOST FEH0RlESS
TRADING WAS VERY NARROW.
IN SOME Stocks BUT ONE SALE
WAS MADE,

And In other NON At AlI-Tobacco
and wabash Were the strongest
Features-1ransactions in the steel
Stock Yer N0minal-One Sale of
Northern Pacific ut 2OOAConAiet-
Ing Opinion - to the Immeaiate
FutuFe-General Market News.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

NEW YORK, May 25.-London
closed to-day. Chairman Gary, of the
U. S. Steel Combination, sanguine
on trade outlook. Big earnings expect
ed on B. R. T. over the races. Con-
sidered Northern Pacific situation in
London largely exaggerated. No con-
firmation of reported differences OF
opinion between Pennsylvania and
New York Central interests. Story of
American Continental Company mer-
ger not confirmed by officials. Russell
Sage says Missouri Pacific will be-
come Trans-Continental road.
Damage to young wheat in Nebraska
merely local. Rate situation in South
officially reported thoroughly harmoni-
ous. Peoples Gas insiders sanguine
on completion of harmonious arrange
ments with Municipality. Linseed pool
reported to have sold most of it's
stocks. Dun's report says general sit
uation is largely favorable. Probable
that Glover Leaf will be taken over by
Lake Shore in the same maner as Lake
Erie & Western.
DOW, JONES & co.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

Chicago CIosing Prices.

CHICAGO, May 25.-May wheat
1874; July, IS.
May corn, 42as bid; July, 4s1s.
May oats, 29$ bid; July. PSF.
May pork. s14.65; July, s14.67 bid.
May ribs. 1922; September. $3.50.
May lard. Ss.15; Sept. SS.12 bid.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
OIL Quotations.

OIL CITY. Pa, May &-Credit baiauces
sizes, certificates. no bid. Shipments and
runs not reported.
70
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Pig Iron Production.

Commercial and Financial World.
The total production of pig iron in
1900 was 10, 789 y242 tons gross, against
1880, 703 tons in 1899, II, 773, 1874 tons
in 1898, and 1852, $50 tons in 1897. The
production in the second half of 1899
and the first half of 1900 aggregated a.
974,1O5 tons, or almost Is, 1000, 900 tons.
There was a decline in production in
the second half of 1900, as compared
with the first half, of Lass, 1896 tons.
The production of Bessemer pig iron
in 1900 was 7,943, 452 tons, against g.
POP, IT'S tons in 1899. The production OF
basic pig iron in 1900, made with cake
or mixed anthracite and coke, was L.
072,376 tons, against 9S5, O33 tons in
1899. The production of spiegeleisen
and ferromanganese in 1900 was 255, 997
tons, against 219, 76S tons in 1899. The
production of charcoal pig iron in 1900
was 339,S74 tons, against 284, 766 tons in
1899.
The stocks which were unsold in the
hands of makers or their agents on
Dec. 81, 1900, amounted to 442,37O tons,
against 60, 429 tons on Dec. 81, 1899.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
BOUND 0RflCn1 The SEl|
RECENT HEAVY PURCHASES
STOCK ATTRIBUTED TO
THEM.

Over the Carnegie Right OF Way-A
New Line May be Built IL Yhey Can.
not Get an Entrance Into New
York Over Existing Eastern Sys-
TENS.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Yesterdays Prices.

Yesterdays Prices.
Special to White & White.
The following table shows the opening,
high, low and closing prices of stocks on
Wall street yesterday:
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Pittsburg Closing Prices.


PITTSBURG, May 25.-Window
Glass 51%@52; pfd. 921h @93.
C. V. Water, 40 bid.
Ice, 2@$; pfd, 40@h.
Cru. 23A @p24; pfd. 85@A.
Brewing, 26%@h; pfd. 46A@k.
M. Coal, 12as13; pfd. 473s.
Marsden, 6@H.
Pgh., 1917 @163.
P. Coal, 31B@92; pfd. 94B@95.
Mon. Water, III bid.
Phila. 52B 1858; pfd. 1896.
Switch, Sc.
U. S. Glass, 39h@ 4O.
Switch pfd. 81 bid.
Pgh. Plate Glass, 145.
Union Storage, 40.
Fire Proof, 37a.
Air, 1S6@1S7.
Fire Proof pfd., 50h @51.
Con. Trac. 24B@25.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

lie amount of money in circulation in
the U. S. on May 1 was 1916, 304.-
235, as compared with s2.060, SIS, 4S3 on
May l. 1900. showing an increase OF
S134. 77S.772 The increase since April
/. 1901. amounted to S~S.060,655. The
circulation per capita on May / was
1881. as compared with S26.5s on May
l last year.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
BUSINESS OPPORTUNITIES.

IF YOU NEED MONEY. l can tell you
how to make $50 per month on every 500
WITHOUT RISK. Write for
full particulars. F. a. COLEMAN, p. o.
Box 453. New York. my26dq
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Stocks.
U. s. Steel pr.
do com -.
Repub. pref.
A Recording Telephone.


The recording telephone, or telegra-
phone, as 1t has been named by its in
ventor, Valdemar Poulsen, of Copenhag-
en-, Sweden. is now being exhibited in
England. The apparatus, which can be
used in substitution fer, or in co-opera-
ton with any ordinary telephone re-
ceiver, consists essentially of a long
steel wire or ribbon, which passes rath-
er rapidly before the poles Of a small
etectro-magnet. This electromagnetic,
which is wound with very many turns
OF exceedingly fine wire, is inserted in
the telephone circuit by the current in
which it is m~agnetized. The steel wire
is, of course, also m~agnetized, and the
essence of the machine lies in the fact
That che magnetism induced in the sue
cessive portions of the wire varies IN
agreement with the undulations of the
electric current in the Telephone circuit,
produced by le voice of the speaker.
To read the message, it is only necessary
to pass the steel wire in the same di-
rection pas the poles of the same or
Similar electromagnetic, when the same
undulations will be set up in the current
passing through its coils and conse-
quently the same sounds reproduced in
the attached receiver. These reproduc-
ed sounds are remarkably true and
pure. 1t is said that the same message
may be reproduced from what may be
called the sensitised ribbon an indefi-
mite number of times, burt if it is de-
sired to remove the record, that can be
simply effected by subjecting the wire
=. a constant magnetizing force, such as
is obtained by passing an unvarying
current through the electromagnetic.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
Bank Statement Effects.

Specials to White & White.
NEW YORK, May 25.-Up to the pub
LEGATION OF the bank statement the mar
ket was strong, especially the Wa
,bashes and Tobacco stocks. The
statement, though better than expect
ed, was discounted, and the market
closed dull and heavy, but we believe
will be better next week.
DICK BROS. & co.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

EDLENBORO, w. Va, May 25.-
There seems to be more activity
among oil operators in this locality
than for many months, which, in view
of the continued decline in the price
OF credit balances, is surprising. More
new work has been planned for the
summer than was ever before known
in the immediate vicinity of Ellenboro,
and leasers and spectators are much
in evidence.
The contractors will finish the rig on
the NJ. VI. Lambert well here in town
tomorrow, and drilling will begin as
soon as the machinery can be hauled
from Cairo. r. Gartlan and Others will
drill the well.
L. J. Murphy. John Murphy and Roy
Murph, of St Mars. and C. #. Horse
ford. of S~istersyille. have leased the
Strickler heirs farm neal Nine Mile
church, and c. ]. Mowery is now build
ing a rig on the lease.
j. C. Tress. the well-known New Mar
tinsville operator, has leased the Will
lam NcGregor 400-acre farm on Bonds
creek, paying $500 bonus, and has To-
Gated a well near the residence on the
farm
James p Silcolt, the leaser for the
South Penn Oil Company, has been
about here for a couple OF days, leas-
ing up odd pieces of territory.
A rig will be completed this week
on the c. Heinsieman farm on Dog
Comfort run. for another well in that
locality, and 1t is said that a location
has been made on the Morrison farm
adjoining.
Timbers are being hauled 10 a loca-
ton near the high trestie on the Penns-
boro & Harrisville railroad for another
test well
J. NJ. Delancy's farm and several
other tracts Of land along lower Bonds
creek have been taken up By ieasers
during the past week.
Mallory Bros and Stewards No. 2.
Jacob Morrison, which VS. drilled "a
last week: + stfIl AoIdtne ~ - 10 bar
rel9 PER ID.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
BUSINESS NOTES.

The arena in commercial apple orch
ards in Oregon is stated to be about 49,
500 acres, valued at SIC, 500, 600.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

The annual production Of salt in the
United States is estimated commercially
a.. 90 05, o79 barrels, valued at s6,471,-
OaS.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
The ClearinE Heuse.

Manager Alex. Mitchell. OF the Wheel
Ing Clearing House, yesterday reported as
follows:
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26
OIL OPERATIONS.

Special to the Register.
PITTSBURG, Pa, May 25.-On the
Ohio side in the Keener sand develop
ment, near Graysville, Monroe county.
Franchot Bros. have drilled in their
No. 5 on the S. H. Hickenbottom farm
and have a forty barrel pumper. Near
Lewisville, in the same county, S.
Galley & Co. have drilled in a test well
on the Shepard Wise farm and have a
show for a 125 barrel producer from
the Big Lime. This location is about
600 feet north of G.. w. Decker's pro-
Queer on a part of the same farm.
There is a difference OF opinion among
experienced oil men as to the wells in
this development getting their produc-
ton in the Big Lime. Not a few are
inclined to the belief that 1t is moth
ing less than the Keener sand. The
Big Injun sand development is fur
nishing ONE nice producers, but the
holders of territory are not rushing de-
velopments on account OF the low
market. In the Chester Hill develop
ment in Morgan county, Davis & Am
mon have completed their No. 3 on the
John Russell farm and have a small
pumper. Northeast OF the Bricker Pool
in Harrison county, Davis, Johnson G.
Company have completed their No. 3 on
the Perry Stephens farm and have a
show for a 10 barrel pumper. In the
new development south OF Homework,
ColYmbiana county, Upham & Walker
have completed their Nos. 4 and 5 on
the Owen Brooks farm. They are
showing for 5 and % barrels a day
respectively. The depth of the wells in
this development does not exceed 500
feet and makes 1t profitable to operate
at the present time.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

The imports of dry goods at the port
of New tork for the week were ~alues
at s1.61T, $50. against 81, ITO. $50 IL ST vesk
and s1.S27.394 for the corresponding
week last year. he value of dry goods
marketed was 81, 631 .306. against s1,7S6,-
113 last week and 81, sos ,142 in the same
period las. year.
A Washington telegram says: Acting
under authority of the Act of March 2.
1ea1, providing ways and means to
meet war expenditures. etc. Commits
sioner of Internal Revenue Terkes has
instructed internal revenue officers that
on and after JIty I. 1851. all stamps us
ed for denoting the tar upon fermented
liquors shall be cancelled BY perfora-
tions. to be made in the form Of the
name Of the person, arm o. corporation
by whom such liquors. were made 3
puuae suttnb2e ahhreyteficn Uerene an6
the doke W&e4 eo2ce11ed- NJ c1anS&
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

Special to the Register.
NEW YORK, May 25.-There was no
London market to-day as previously
announced. and there will be none Mon
day.
The market here opened quiet but
strong at q slight advance over yester-
days prices, and remained so until the
appearance of the bank statement, when
1t sold of somewhat. The bank state
ment was unexpected, showing an in
crease of reserves OF about s., 0 900,
and a very large decrease in loans, as
will be seen below.
Tobacco and the Wabash stocks were
the strongest features, out sold off later
on a fairly active market, considering
the days transactions.
There was practically nothing done
in United States stocks, eacA closing We
below yesterdays price.
There was n sale of Northern
Pacific at 200. Fear of the cor
ner in this stock, not being
settled, and a lack or harmony
between large railroad interests,
together with possible labor troubles,
are all strong arguments used
by the bears for a lower market. On
the other hand, many well-informed
houses say that at least one-half Of the
selling is for the short account, and is
being taken by stray interests, who are
already beginning to lay the foundation
for another bull movement. based upon
good crops, big railway earnings and
the generally prosperous condN-on of
the country, and these people do not
take much stock in the talk that i'm
mense railroad interests will waste their
substance in fighting each other. Some
even go SO far as to say that an under
standing has already been practically
agreed upon, but that the announcement
will not be made until the large bank
ing interests of New York are ready.
The bank statement was as follows:
Res. in. $7,9S9,0
Loans, dec. $14, 639, 500.
Specie, inc. So, 178, 100.
Legals, inc. $2,183,500
Deposits, dec. S10,5O 0 800.
Circulation, dec. 81, 3U0.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

No. ~ MARKET STREET.
WHEELING, W. VA
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

ALBA N
Manager Clearing House.
Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1901-05-26

but n sale in those stocks.
Total sales, 2S6,10 shares.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-05-22
OLAA ASSESSMENTS.

The fourteenth assessment of 21k
per cent or 80 cents per share has been
called to be due and payable June 10Th,
1901.
The fifteenth assessment Of 2h per
cents or so cents per share has been
called to be due and payable July. Goth.
1901.
The sixteenth assessment Of 2h per
cent or SO cents per share has been
called to be due and payable August
10Th, 1901.
Interest will be- charged on assess
ments unpaid ten (10) days after the
same are due, at the rate of one per
cent per month from the date on which
such assessments are due.
The above. assessments will be pay
able at the office Of the B. F. Dilling-
ham Company, Limited. Stangenwald
Building.
ELMER E.. PAXTON.
Treasurer Olaa Sugar Company. Lin
tied.
Honolulu T. H.. May s. 1901. 5s4s.