The Washington herald., 1919-04-16
FINANCIAL NOTES.
q. 3. Food Tonnage I~er~.s.

q. = Food Tonnage I.er~ssx
The United States Is furnishing ton
mage for the transportation of foo6 "a
practically all Of Furope and E.i.
Chairman Hurley Of the U. S. Shin
ping Board declared yesterday.
Hurley reported that ]. <o. 600 tons OF
Z. s shipping is being used in thl,
Work. OF this amount, $4,000 tons
were placed at the disposal of the
Hoover commission in April
s1o,eoo. 200 Firm Formed.
Atlanta, Ga, April ia a0Oooooo
corporation for the purpose Of ex-
panding foreign trade through south
Atlantic ports will shortly be orran-
i1ed oy leading Southern and Esst-
ern capitalists.
The corporation was authorized 81.
q meeting held here late yesterday,
al which $4,000 OF the $1,000 organ
izauon fund was subscribed.
The object OF the corporation IS.
To organize the four States OF
North Carolina South Carolina Geor-
gta and Florida on a co-operstiv.
basis for the development Of foreign
trade. particularly with Latin Amer
lea and 10 extend this orrani.atton
Immediately into other States and
into the countries with which trad
Ing relations are established.
The corporations will handle er-
port and import business on a SOM
rnission basis
Orange Bsn Lifted
Great Britain has opened her
door again TO the juicy orsngs. the
War Trade Board was advised yes
terdsy.
A number Of other import re.trie-
tions removed by the British gov
eminent include leather scraps.
rllet gold ores, auriferous copper
ores and sweepinFs. resioues con-
tanning gold and dyed. colored aud
/ printed cotton goods.
However, she has again placed
the lid on art works.
Advocates Lumber Peli~y.
Chicago. April ls-A national lunl-
Der and forest policy was proposed
today by Col II. s. Graves. CHIEF
OF the United States Forest se-,1ce,
speaking before the American Lurn-
Der Congress
Graves advocated a comprehensive
program OF public aid 70 the lumber
industry. combined with enforcement
measures TO protect the public In
Graves pointed out that while the
lumber industry sas been seeking
governmental aid along various lines
| it has failed to recognize any oblisa-
ton TO provide for forest replacement
sitter cutting.
A comprehensive policy OF forest de-
velopment. Graves continued would
make for permanent mills. place tim
Der on the market only as Il is needed.
protect the present resource. classify
the lands. encourage Agriculture and
secure tree-Erowth on nos-ssricultu-
raj lands
Monthly Cotton Report.
Cotton, exclusive Of nnters, con
sumed during March totsIled 90 "a
bales, according TO the Department OF
commerce Census Bureau reports ycs-
/ terday. For the same month ia 1913
the consumption was s7l.4ss bales.
Sptndles active during March. 1918.
numbered S2,sl2Szs, as compared 70 81
7s9.s16 during March. 1918
Cotton consumed in growing States
for March, 1913, was 24s.Blo bales.
as compared with S15.2s4 bales for
the same month last year,
Held in consuming establishments
March 81, were i.4s2.567 bales as
compared with I,7so.t5s bales for
March 81, 1918.
$1,000. 900 Storehesse PIsnned.
Acting Secretary of War CroweIi
yesterday approved plans for con-
structing additional warehouse ia
cilities at the government proving
grounds at Aberdeen. Nd. and sa-
vsnnsh. Ill. at a cost Of 81 900. 900
for each station. Construction is 20
begin Immediately. The warehouses
will be used for storing surplus
army equipment
Ten Rail Costrnets signed
The Railroad Administration yester-
day signed ten operating contracts.
The roads with which contrscts were
signed snd the annual compensation
provided each follow:
Nashville, Chattanooga and St
Louis. S.lS.oss; Kansas City, Mexico
and Orient, sl5o.ooo; Detroit and MaciSi-'
nae, sSi0.6s1; Port Huron Southern,
sllo,o2S; St Paul Bridge and Ter1ni-
nal, s6750s; Buffalo Creek Railroad,
sios .ss7; Cumberland and Pennsylvania,
SIS, So: Abilene and Southern, y7s,xA
!, and Memphis. Dallas and Gulf, "a 81