The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1914-11-19
EXPORTS BREAK ALL RECORDS.
New York Ships More Goods Than
Has Been known in History.

Knapp, a veteran of the customs bu-
reau of statistics, said that never in
his recollection has so much activity
been shown in foreign export as dur
ing last week.
Max May. vice president of the
Guaranty Trust company, leading
expert in foreign exchange. expressed
the opinion yesterday that the trade
balance has already begun to shift in
favor of this country, and soon it will
have a credit balance instead of a
debit balance.
Mr.. May said one of the most i'm
pressive features is that Argentina,
Brazil and other South American
countries and China and Japan are
drawing exchange bills on American
bankers instead of London bankers.
Also several foreign governments are
building up credits here against
which to purchase supplies.
Dig DClllSCISutS.
Purchases of supplies for the belli-
gerents are spread all over the cOun-
try. Word came from Binghamton
Yesterday that the Endicott-Johnson
company of Leistershire has shipped
100000 pairs of shoes for Greece.
One half of the price was paid in ad-
vance. The same concern is working
on an order for 100000 pairs Of
shoes for one of the warning coun-
tries. which paid the entire cost in
advance and took all risks in deliv-
cry.
Arthur NJ. Laycock, of London,
who has the contract for supplying
the British and French governments
with all motor cars. has placed
contract for 200 motor trucks with
a Syracuse concern at 100000. The
Packard Motor company has an or
der for 45o trucks, the Federal fac
tory for 300 trucks, and Henry Ford
for 1000 motor cars to be used as
ambulances.
1t was announced yesterday that
agents of the French government
have closed contracts in Texas for
5000 horses, making total of 25,-
900 purchased for that government
within two weeks. These agents are
authorized to purchase $4,000.
1t was reported from Chicago yes
terday that within nine weeks S135,-
900, ,OOOo food and supplies have been
sent to Europe from and through
that city. Shipments of American
wheat since July 1 were 4,S27,0OO
bushels, compared with 93,S27,OOO
bushels for the same period last year.
Chicago meat packers say that for
the first time in more than sixteen
years work is going on day and night
in the canned meat and hide depart
ments. Cattle from Canada, Mexico
and other points which had never
been sent direct to Chicago are being
sold there. at high profit.
1t was said yesterday that more
than 100000 pounds of wool have
been sold in Boston within a few
days for export to England at cent
or two higher per pound than is
paid by American manufacturers.
S. Liebvitz & Son, of Byerstown, Pa,
have received an order for 10000
wooden shirts for delivery November
l.; Russia has placed orders in Mas
sachusetts for 100000 woolen
blankets, and specifications have
been received for 100000 blankets
for Canada.
The Bethlehem Steel company has
an order for 900 six-inch field guns.
to cost 25,000,OOO. 1t became
known yesterday that Charles NJ.
Schwab's trip to Europe, ostensibly
for a rest, really concerns contracts
with the British and French govern
ments for munitions, to be placed
with the Bethlehem Steel company
and other American corporations. 1t
is said Mr.. Schawb expects s100.O00,-
coo worth of contracts.
Following the declaration of Great
Britain that it did not regard cotton
as contraband of war, German gov
ernment representatives have.
through banking interests, completed
the purchase of a large quantity of
cotton in Southern markets, some of
which will probably be shipped from
a gulf port within a day or two.
Heavy purchasers for this account
have been partly responsible for the.
sharp declines in reichmarks, which
Yesterday broke all low records at
SO, below the gold import point. Cot
ton exports, however, are still far
from normal. Only 1880 bales
were exported yesterday, which
makes a total of 415.6S2 since Au-