The Cape weekly tribune. (Cape Girardeau, Mo.) 1914-1914, 1914-10-30
DAY
BREAKS RECORD
FOR new YORK
.S6,lS3,S12 Started For The
Observation-Disclosures
Country Buying.
GREECE GETS 100000
PAIRS OF U. S. SHOES
More Than S135,000 of Food
Supplies Sent To Europe In
Nine Weeks.

New York, Oct. 27-The money val
ue of goods exported from the port of
New York yesterday was the largest
on record, S6,1S3,S12. Auditor J. +.
Knapp, a veteran of the Customs
Bureau of Statistics, said that never in
his recollection had so much activity
been shown in foreign export as last
week.
Max May, vice-president of the
Guaranty Trust Co., a leading expert
in foreign exchange, expressed the
opinion yesterday that the trade bal
ance already had begun to shift in fav-
or of this country, and soon it will
have a credit balance, instead of 4
debt balance.
May said one of the most impress
sive features is that Argentina, Brazil
and other South American countries
and China and Japan are drawing ex-
change bills on American bankers, in
stead of London bankers. Also sever
al foreign governments are building
I'D credits here against which to pur-
chase supplies.
Purchases of supplies for the bellig-
erents are spread all over the coun-
try. Word came from Binghamton yes
terday that the Endicott-JOhnson COM
pany of Leistershire has shipped
100000 pairs of shoes for Greece. The
same concern is working on an order
for 100000 pairs of shoes for one of
the warning countries, which paid the
| entire cost in advance and took all
risks in delivery.
Arthur NJ. Laycock of London, who
has the contract for supplying the
British and French Government with
all motor cars, has placed contract
for 200 motor trucks with a Syracuse
concern at s72O,OO0 The Packard Mo-
tor company has an order for $50
trucks, the Federal factory for 900
trucks and Henry Ford for 1000 mo-
tor cars to be used as ambulances.
Agents of the French Government
have closed contracts in Texas for
5000 horses, making a total Of 25,00G
purchased for that Government with
ing two weeks. These agents are au-
thorized to purchase $4,000.
Within nine weeks S135, 100000 of
food and supplies have been sent to
Europe from and through Chicago.
Shipments of American wheat since
July l were ia, 1927 900 bushels, COM
pared with 93,827 900 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 departments. Cattle from
Canada, Mexico and other points,
which have never been sent direct to
Chicago, are being sold there at high
profit.
More than 100000 pounds of wool
have been sold in Boston within few
days for export to England at cent
or two higher a pound than it paid by
American manufacturers. SliebtltZ II
Sons of Byerstown, Pa, have received
an order for 10000 wooden shirts for
delivery November 1. Russia has
placed orders in Massachusetts for
100000 wooden blankets and speciti-
cations have been received for 100000
blankets for Canada.
The Bethlehem Steel company has
an order for 900 six-inch field guns, to
cost S25 100000.
1t became known yesterday that
Charles NJ. Schwab's trip to Europe.
ostensibly for a rest, really concerns
with the British and French Govern
ments for munitions to be placed with
the Bethlehem Steel company and
other American steel corporations. Il
is said Schwab expects $10O,O00,OOO
worth of contracts.
Following the declaration of Great
Britain that it did not regard cotton
as contraband of war, German Gov
eminent representatives have, through
banking interests, completed the pur-
chase of large quantity of cotton in
Southern markets some of which prob
ably will be shipped from gulf port
within 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 80,
below the gold import point. Cotton
exports, however, are still far from
normal. Only 1880 bales were ex-
ported yesterday, which makes total
of 415, 682 since August 1. In the same
period last year 2,242,93O bales were
exported.
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