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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jun 27, 1908
Page
23
A brisk rally at closing hours lifts activity with a stronger three hour surge in Utah copper mining and Northern Pacific and St Paul shares in demand. Grain weakens while rapid advance in markets persists. prices for silver and government bonds steady.
The New York stock market summary for Friday June 25 1968 notes cotton and metals activity, with early gains turning to modest declines under pressure from reports and dealer sentiment. Trading activity remained subdued with limited overall market momentum as investors digested external notes and the day’s price levels across commodities and equities.
The London tin market closed irregularly at 17 shillings 64 pence while futures held at 18 pounds 4 pence. Local markets were weak for copper and easy for lead and zinc. Iron prices rose in England with Cleveland warrants at 3d. No 1 foundry North and No 1 Southern listings also showed firm to unchanged levels.
Wall Street focused on the American Car and Foundry Company annual report issued Thursday. Brokers saw solid working capital and net current assets, with orders at decade lows yet substantial property backing the stock. Steel price declines and the shift from wood to steel in car building were noted as factors shaping demand and valuations.
The Washington branch of the International Banking Corporation plans a late fall move from 1415 G Street to larger quarters next to the New Willard Hotel, after recently completing a banking house on Connecticut Avenue. The firm operates two branches on Wholesale Row, Center Market, with remodeling planned for the old Union Trust building to create a larger open space and better lighting.
Fragmentary OCR summary from a Washington cattle market page shows garbled terms and numbers. It references prices per pound, averages, and various codes, but the readable details are incomplete and not clearly attributable to a specific event or date.
Live stock markets report New York receipts with cattle at high and steady prices for steers cows and calves. sheep and lambs steady to lower with mixed bids. Hog and stocker activity weak with overall uneven demand. Estimated totals listed for steers cows heifers calves and hogs.
Bradstreets notes overall business activity below normal with idle building trades decreasing slightly. Trade remains cautious yet conservatively optimistic as summer slows, with some active lines like feather, wool, and agricultural implements, while machinery and export cotton goods show limited upticks.
Grain trading eased amid forecasts of favorable weather in the United States. Wheat and corn futures softened after reports of ample winter crops and steady demand, with July delivery quotes drifting lower while hog and lard prices showed mixed movements. Local activity reflected light turnout and a generally cautious tone as markets assessed harvest prospects and storage needs.
scattered Baltimore market wire describes multiple commodity quotes including oats, flour, dairy and grains with changes in July August and September. mentions exports, domestic prices, and variations in futures with limited clarity due to OCR. mentions rye and hay noting unchanged or slight shifts in several contracts.
The Post-Office Department weighs substituting automobiles for local mail collection to replace wagon and foot routes. A Detroit firm proposes 3600 package carts and ten autos eight hours daily with two emergency machines, promising standard upkeep. The plan hinges on securing vehicles without raising collection costs and claims the design tolerates frequent stops without harming the mechanism.
The Navy Department awarded Charles Peters a seaman for gallant conduct aboard the Dart ay near Valeo Cal on May 1. He warned two women passengers as a steamer approached and risked serious injury saving one, an act praised as self sacrificing heroism.
Gen Clarence R Edwards head of the Bureau of Insular Affairs leaves Washington for New York to meet with Secretary Taft before Roosevelt’s Oyster Bay talks. Several Cuban and Philippine issues must be settled before Taft’s June 30 departure, including two more Philippine commissioners and a chief of engineers to replace Brig. Gen Alexander Mackenzie. The announcements are expected from Oyster Bay next week.
Secretary Taft granted army officers permission to accept presents offered for relief work after severe storms around Hattiesburg Mississippi. Maj Wendell L Simpson Maj Carroll A Diver Maj Talley Kashfora and First Ident Hobart E K Bailey oversaw relief efforts. citizens offered gold watches silver tankards and other items but officers declined due to army regulations. Taft raised the matter at a Cabinet meeting after consulting the President and officials.
Army orders list officers transferred and detailed for a camp of instruction at Anelei Tak Washington and Vancouver Barracks Washington. It assigns Maj Samuel Het Orinsnea De partment ten tay First Lieut Charles A Meals Ordnant Dep. ment and others to duties in California Montana and Wyoming with travel to Miles City and Willwood Clarke County Virginia on official business and returns upon completion.
Orders to naval officers assign inspectors and duty stations across Pacific and Atlantic posts. Movements include midshipmen, paymasters, gunners and surgeons shipping to Cavite, Olongapo, Cavite and Newport Rhode Island, with ships Marietta and Powhatan sailing from New York and Bremerton routes. A new submarine Octopus is delivered to the Navy Department for commission near New York via the tender Nina, joining the second submarine flotilla.
A fragmented OCR style listing shows numerous personal names, spouses, and places across cities including Chicago New York Philadelphia Raleigh California and Massachusetts. The text references hotels such as Willard New Willard and Colier and mentions several individuals with surnames and initials scattered through regional headings and addresses.
Suburban block signals on the Washington Baltimore and Annapolis Railway became active yesterday on the single track section from Navy Academy Junction to Annapolis. The system, named Blake ds 4 yitehers, allows a dispatcher to signal any train at a station, with around twelve seconds of automated control. The setup supplements existing telephone and interlocking systems and aims to improve safety without replacing current methods.
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