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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 01, 1905
Page
12
Weather settles, seasonable merchandise flows into distribution. Jobbers and traveling salesmen report substantial contracts for future delivery as retail trade remains steady. Railway earnings rise, foreign trade at the port shows gains, and overall mercantile activity stays favorable with a cautious tone on grain and cotton markets.
New Orleans June 1 secretary Hester states the world visible cotton supply totals 3,437,041 bales, down from 3,572,965 last week and 2,667,803 year ago. American cotton totals 2,161,764, versus 2,159,965 last week and 1,092,808 last year. Shipments afloat and held in Britain and Europe rise to 1,769,000. Egypt 135,000, India 15,000, United States 615,000.
The executive council of the Public and Federal Education Association requests the National Education Association to influence legislation for public schools on all United States naval reservations. The move echoes a 30 year effort linked to President Roosevelt's appeals for better facilities on reservations.
Gosmans Ginger Ale proclaims itself the ale with a reputation for quality not equaled. It claims absolute purity free of preservatives, made from pure cane sugar and Jamaica ginger, recommended by leading physicians and hospitals, and suitable as a pleasant drink, summer tonic, and household remedy.
James Louis Parsons, a Washington builder for over 25 years, born in 1847 in Virginia, served as a Confederate soldier before moving to Washington in 1873. He erected major structures such as Hubbard Memorial and Fort Myer buildings, invented a patented building derrick, and leads the Master Builders' Association while raising seven children.
Ex Senator W A Harris of Kansas heads to Chicago to push a national reciprocity conference on August 15 with major farm and meat interests. He says the aim is to secure foreign markets amid looming British tariff protection, warning of heavy impact if Britain closes its doors. He plans talks with Wilson Metcalf and others and may meet Roosevelt en route to Oyster Bay.
J W Patterson Jr resigns as superintendent of the Wabauh Pittsburg Terminal. D C Fenstermaker named chief engineer of Laureiana Hallway and Navigation. Various rail executives change posts including M W Davis at Anna Arbor Menominee and A H Larkin at Norfolk and Southern. Mortgage and fleet updates accompany talks of wage rises for telegraphers and a Seaboard Air Line fast passenger service between Birmingham and Atlanta.
Gnotave Saniel, a 28 year old Spanish American War veteran, was arrested in New York two days ago and brought to the city by Detective Howlett to answer a larceny charge. He is accused of taking a violin valued at a local dealer. The man claims honor in military service.
New York reports show flour and several commodities steady or firm. Cornmeal, hay, hops, lard, and wool hold firm or steady while petroleum, rosin, resin, and sugars show mixed movements. Copper and other metals ease in London with spot and futures. local grain and foundry prices vary by region.
Continuation from the second page reports minor price shifts in Chicago grain. The report notes changes in values, with July futures quoted near last day levels and overall market cautious after recent declines.
The New York cotton market moved to firmer ground with May near 10 cent levels and July about 2 dollars per bale above yesterday’s lows. Opening strength grew as crop condition estimates sparked speculation of shortages, then eased amid nervous trading as July notices were stopped and near-term buyers pressed.
Market brief from New York shows varied cotton prices and totals across regions. Mentions ports, values for Britain France Japan and other regions, with notes on potential mortgage services and a travel update about C H Reizenstein seeking a Chesapeake Bay retreat.
Market reports show steady hog arrivals with top grades firm and cinder grades higher. Butter, cheese, eggs, and vegetables mostly steady to easy amid large receipts and limited speculative demand. Live poultry demand remains strong for fowls and large spring chickens, with dressed poultry at top quotations. several produce items show mixed regional prices and dull stocks in dried fruits and apples.
Baltimore market report shows quiet receipts of 1 259 barrels of flour and firm wheat futures with July to September contracts. Corn and oats hold firm with mixed steamer offerings and steady exports, while hay and butter show little change and eggs and cheese remain firm in morning quotes.
The Washington cattle market shows steady to mixed prices with heavy calf receipts depressing values, while high grade cattle hold better. The column also covers freight car theft investigations, racing and car ads, hotel renovations, local shop notices, ice purity ad, oil and wine ads, loans, and various street news items from Fourteenth Street to the riverfront.
An advertisement style sketch notes the 10 horse power Ford as a dependable, high speed hill climber with smooth ride and strong build. It highlights its reliability for daily use and calls Miller & Bro, 106 Fourteenth street, as local agents.
A new Citizens Loan and Trust Company in Washington advertises fair rates on all loan types including salaried workers, life policies, and furniture loans. The firm offers mail applications, confidential attention, and home visits for women. Other items note a grain firm petition for a receiver, Chesapeake and Potomac Telegraph requests pole permits, street tree trimming, and various local notices about travel costs and ongoing city services.
The Willard Automobile Co offers fifteen of the best cars for hire with chauffeurs in Washington. Call Main 2088 or 786 to arrange starts routes and times at your convenience. Also notes Walter Ferris’s New York vacation and a new apartment building called the Laclede nearing completion near Fourteenth Street. Money to loan at 4 12 percent is advertised by Moore Hill Inc. plus local notes on parks replacing pansies with geraniums in broccoli?
The article argues that the key to wealth is newspaper advertising. It notes that some weaker, duller men succeed while bright, flashy ones fail, and claims that a successful merchant typically has the necessary qualification of being a newspaper advertiser.
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