GENERAL CABLES.
Received March 1, 4.34 p.m. NEW YORK, February 29
The United States House, of Representatives Committee on Naval Affairs recommend the construction of two steel floating dry docks, capable of accommodating 20,000 ton battleships, one on the Atlantic Coast and the other on the Pacific Coast. The Committee further recommend the establishment of a naval station, with graving dock, at Pearl Harbour. LONDON, February 29 "The Times," commenting on the money market, states that an outstanding feature is the weakness of brewery shares. Dealers have marketed down prices throughout the list as a precaution, and dealings are impossible. Brewery, commercial, and trust perferred shares fell two points, and deferred three points. The "Financial Times" says that the nominal marking down in values of brewery allied stocks represents an aggregate shrinkage of thirty-two millions. MADRID, February 28. King Alfonso and the Premier (Senor Maura) will visit Barcelona shortly in order to demonstrate that there is no political danger. The visit is regarded as highly imprudent.
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Wairarapa Age, Volume XXXI, Issue 9037, 2 March 1908, Page 5
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166GENERAL CABLES. Wairarapa Age, Volume XXXI, Issue 9037, 2 March 1908, Page 5
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