Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1915-04-30
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FINANCIAL NOTES

5UO,UOU IN per cent HNe-yedI Holoo
to the Central Argentine railway, to
be offered to public at SO.
In seven months ended with jan
uary the United States exported 1872
motor trucks valued at $10,989,442,
compared with 436 trucks worth
$714,261 in same period year ago,
an increase of 81 per cent.
During January and February for
eign trade of France decreased so
per cent from 1914. In same two
months highlands total foreign trade
decreased 17A per cent, while the
trade of the United States increased
1873 per cent.
Respite it's own economic difficult
ties the French government has
loaned $5O,OOO,00O to Belgium, $751;
100000 to Serbia, 100000 to
Greece, and 100000 to Montenegro.
England and Russia each matched
these; total, $91,100,OO0 advances.
Italy's importation of wheat dur
ing first three months of 1915 was
1000, 900 quintals (25,690,0O0 bush
els). In addition, steamships from
the United States are unloading
4,037,OOO bushels. Supply necessary
until next Italian crop has thus been
secuerd.
William A. Read of the banking
firm of William A. Read & Co. says:
II consider that we have turned the
corner. l believe the business and
financial situation has improved and
that the outlook is for continued
progressive improvement. Condition
of the country is sound"
Up to March 8, according to the
Economists Francois the French gov
eminent has raised it's money for war
as follows: From the 3h per cent
loan of 1914, 100000; from
advances by the Bank of France,
5000, 100000; from national defense
bonds, $7OS,44O.oO0; total, $780,
100000.
Fore River Shipbuilding company
will build a molasses steamer at a
cost of about 100000, which will be
the largest of the Cuban Distilling
company fleet.
Eighty thousand mules for deliv-
cry to British agents within six
months was the order received by
dealers at Kansas City, Mo-, last Sat
urday.
War orders for horses, cotton and
hay are swelling enormously the bust
ness of the Galveston, Texas. port.
Almost daily big ships heavily laden,
turn their prows toward Europe, TAX
ing with them vast supplies. chiefly
for the Allies.
Thousands of tons of lead for bull
lets, nearly 5000 head Of cavalry and
artillery horses, hundreds of cars Of
canned beef and other meats, -four,
more than $25O,O00 worth of war
horse harness and a small amount of
macaroni have been sent out Of Oma-
ha and Nebraska to Europe for the
warning nations. The value runs
into millions.
The Peerless Motor Car company
of Cleveland, Ohio, is said to have
sold to the Russian government ST.
100000 worth of cars and motor
trucks. Officials refuse to discuss the
sale, but factory employees assert the
plant was working overtime to fill
the order.
A boom in iron, steel and kindred
industries is indicated in recent state
ments by the American labor fedora
ton and United States commerce
chamber. President Gompers Of the
federation says unemployment had
been decreased materially in three
weeks and all signs poitned to steady
improvements. Many letters from
local commerce chambers and trade
associations say the long expected
business pickup has begun.
Missouri Pacific and Chicago L.
Rock Island will construct bridge
across the Mississippi at Memphis for
which an issue of $7,500,000 5 per
cent bonds will be issued.
In past six days 5,697,416 shares
of stock have been turned over in
New York market. That is more
business than was transacted in the
entire months Of February or jan
uary this year. 1t also exceeds totals
for each Of the months Of May, July
and November in 1913.
For third time since commence.
ment of war. plant Of E. w. Bliss Co.
Brooklyn, projectile manufacturers
is being enlarged to supply enormous
demands under foreign orders. Com
pany is producing 10000 shrapne
shells daily and three shifts worl