Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1914-10-30
SHIPMENTS
BEAT ALL RECORDS
Millions In Goods Left New
York Port for Foreign Coun-
tries - Factories Busy on
Huge Contracts.

The New York World of Tuesday
says:
The money value of goods exported
from the port of New ork Monday was
the largest on record. 1t reached &c.
1882. Auditor j. f. Knapp, vet
eran of the Customs Bureau of Sta
tistics, said that never in his recollec-
tion has so much activity been shown
In foreign export as during last week.
Max May, Vice-President of the
Guaranty Trust Company, n leading
expert in foreign exchange, expressed
the opinion Monday that thet rade
balance has already begun to shift in
favor of this country, and soon it will
have 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.
Big Orders from BeIligerents.
Purchases of supplies for the bel
ligerents ares pread all over the coun-
try. Word came from Binghamton
Monday that the Endicott- j Johnson
Company of Leistershire has shipped
100000 pairs of shoes for Greece.
Onc-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 thew airing countries,
which paid the entire cost in advance
and took all risks in delivery.
Arthur NJ. Laycock of London, who
has thee ontract for supplying the
British and French governments with
all motor cars, has placed contract
for 200 motor trucks with n Syracuse
Motor Company has an order for 45O
trucks, the Federal factory for 300
trucks, and Henry Ford for 1000
motor cars to be used as ambulances.
1t was announced Monday that
agents of the French government
have closed contracts in Texas for s.
OOO horses, making a total of $4,000
purchased for that government within
two weeks. These agents are author
lied to purchase $4,000.
1t was reported from Chicago Mon
day that within nine weeks $135,0O0,-
600 of food and supplies have been
sent to Europe from and through that
city. Shipments of American wheat
since July l were 14,827, 900 bushels,
compared with 93,S27,OOO bushels for
thes ame 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 departments.
Cattle from Canada, Mexico and other
points which had never been sent di-
rect to Chicago are being sold there at
high profit.
Heavy Orders in Wool Trade.
1t was said Monday that more than
100000 pounds of wool have been
sold in Boston within few days for
export to England at a cent or two
higher per pound than is paid by
American manufacturers. S. Liebvitz
& Sons of Byerstown, Pa, have re-
ceived an order for 10000 woollen
shirts for delivery November /; Rus
sia has placed orders III Massachusetts
for 100000 woollen blankets, and
specifications have been received for
100000 blankets for Canada
The Bethlehem Steel Company has
an order for 900 six-inch field gus,
to cost $25,000,000. 1t became known
Monday that Charles M. Schwab's
trip to Europe, ostensibly for rest,
really concerns contracts with the
British and French governments for
munitions, to be placed with the
Bethlehem Steel Company and other
American steel corporations. 1t is
said Mr.. Schwab expects $100,000,000
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 pur-
chase of large quantity of cotton in
Southern markets, some of which will
probably be shipped from a Gulf port
within day or two.
Heavy purchasers for this account
have been partly responsible for the
sharp declines in reichsmarks, which
Monday broke all low records at 80,
below the gold importp oint. Cotton
exports, however, are still far from
normal. Only 18,500 bales were ex-
ported Monday, which makes total of
1852 since August 1. In the same
period last year 2,242,3 bales were
exported.