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This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jun 27, 1908
Page
5
After a brisk late session the market closed higher as rallying activity increased trading volume. Northern Pacific and St Paul shares led gains while grain terms softened. copper mining and Utah mining sectors advanced amid mixed price signals.
On Friday June 25 1968 the New York Stock Market showed mixed activity with gains for some issues and declines for others. Cotton and oil shares drifted, while later sessions saw modest selling as traders weighed economic notes and a cautious tone from Wall Street.
The London tin market closed irregularly with tin at 17s 6d and futures steady as £18 per ton. Copper rose to 12 5s 6d for spot with futures around 12 7s 6d in London, while the local market weakened with sales at 127. Electrolytic copper quoted at 12 0? and casting at 2 6 1269. Lead unchanged at £2 12s 8d in London. Spelter steady at £18 12s 9d. Iron prices higher in London with Cleveland warrants at 1s 3d. The road market unchanged with No 1 foundry North quoted at 16 19 1/4 to 17 00, No 2 at 16 7 5/8 to 18, and No 1 Southern soft at 16s 0d.
Wall Street notes the American Car and Foundry Company annual report to show strong working capital of 17.18 million and net current assets of 21.70 million. Analysts say steel use rising in car construction supports stock value, with continued favorable terms for steel vs wood and steady order flow hinting at resilience.
The Washington branch of the International Banking Corporation plans to relocate to a larger, early fall move from 1415 G Street to a handsome new building beside the New Willard Hotel, with remodeling of the old Union Trust space to create a brighter open banking area. The firm recently opened a banking house on Connecticut Avenue and operates two wholesale branch offices on Center Market.
Fragmented OCR entry from Washington cattle market records with scattered numbers and unreadable terms. The readable parts mention prices per pound and various coded terms, but the overall content is unintelligible.
Live stock markets show mixed receipts with higher beef steers and calves, while cows and heifers are weaker. Lambs and sheep run slow. demand remains cautious, with some improvement in bull demand and calves around forty dollars.
Bradstreets notes overall business remains below normal with slight drop in idle building trades yet fall buying shows cautious optimism. Railroads prep for crop movement and materials, while demand for cotton goods and textiles improves modestly amid widespread summer quiet in others.
The report shows U S grain prices easing on good weather with July wheat contracts down and corn and oats mixed. Wheat futures softened as harvest expectations rose while livestock and hog prices edged higher and nearby supplies remained ample in Midwest and South regions.
A fragmented market brief from Baltimore outlines changes in exports and commodity quotes across grains and livestock. It reports fluctuating spot prices, July to September outlooks, and assorted undigested figures for oats, wheat, and corn terms, with several entries labeled by commodity codes and fragmented values.
The Post Office Department weighs using autos for mail collection in many localities to replace wagon and foot pickups. Detroit firm offers 3600 package cars and ten autos for eight hours daily with feigned Schauf feurs and two emergency machines, promising constant standard condition.
Charles Peters a seaman received a Navy Department commendation for gallant conduct aboard the vessel Dart at Valeo Cal May 1. When a collision risk with a nearby steamer arose he warned two women passengers. one decked down, the other did not hear and Peters saved her life at the cost of serious injuries to himself.
Gen Clarence R Edwards chief of the War Department bureaus sails for New York to confer with Secretary Taft before meeting President Roosevelt at Oyster Bay. Key Cuban and Philippine appointments loom as Taft nears June 30 resignation. Likely two new Philippine commissioners and chief of engineers vacancy to be settled in Oyster Bay talks with Wright and Roosevelt.
Secretary Taft grants permission to army officers to accept presents offered for relief work after recent storms near Hattiesburg Mississippi. Maj Wendell L Simpson and others were asked to accept gold watches silver tankards and other articles but were refused due to army regulations. Citizens wrote to Taft who raised the matter at a Cabinet meeting with the President and staff.
A dated Army orders notice assigns officers to duties at camps in Washington and California. Major Samuel Het and Lt Charles Mealy depart for engineer and ordnance tasks, with others to report for participation in a camp of instruction at Anelem Tak, Washington. Maj Davis, Maj Henry Allen, and Maj Croxton handle quartermaster duties involving horses for Army use across California, Montana, and Wyoming, returning to proper stations after completing official travel.
A list shows appointments and resignations of naval officers in the Fifth Lightorne district and other posts. Movements include transfers to Montana Severn Cavite and Cavite stations, plus staff changes at Newport and Submarine Octopus delivery to Newport RI. The Octopus will be commissioned soon under Trout Courtne y and conveyed to New York by the tender Nina for joining the second submarine flotilla.
A fragmented OCR list shows numerous names and couples linked to hotels in cities such as Baltimore Chicago New York Philadelphia Raleigh and San Francisco. Mentions include Miles M Blgett Charles H Cates A Cannon James Wolf and many others, with references to Willard and National hotels and assorted addresses or associations across states.
Industrial trials confirm the Blake signal system can direct trains from Navy Academy Junction to Annapolis despite high voltage concerns. The setup supplements telephone and interlocking methods, with the Seaboard Terminal in Atlanta noted for broader context amid rail developments.
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