The sun., 1919-07-07
SHIPPING BOARD
TO SELL WITH CARE
Will Dispose of Materials in
Such Way as to Protect
Market.
BIG CHANCE FOR BUYERS
Steps May Be Taken to Limit
Sales If Conditions Require
Slow Absorption.
BIG CHANCE FOR BUYERS
Special Despatch TO THE srs.


wAsHINGroN, July 6.-The United
States Shipping Board is working out
a problem OF selling off a vast store
of materials without upsetting the mar
ket. Now ready to go out Of business.
the board Is listing probably the greatest
accumulation of manufacturing plants,
shipyards. dry docks. ships, complete or
half built; lumber. metal and scrap
ever got together for n special pur-
pose in the history OF the country.
These sales will afford an unusual OPP
portunlty TO the industries which are In
need OF such material. but the board in
tends to see to II that there shall be
no unloading upon either the general
or local markets.
To sell to the market and not break
the market is the Government policy
in the disposal sales to be held by all
departments and branches. The mate
rails to be sold comprise an accumula-
tlon resulting from extensive war ac-
tivities. and are to be disposed of now
only because OF the adoption of the re-
stricted shipbuilding programme. The
industries likely to be especially inter-
ested In the sale are chiefly the ship
building. STEEL railroad, structural ana
general manufacturing concerns.
Upon the sales list are marine rail-
ways. housing and transportation ma
terials and plants, allotments OF ma
|chinery equipment and supplies, includ-
ing woodworking machinery. machine
tools and fixtures. electrical machin-
cry. boiler and forge shop equipment,
marine equipment and accessories, air
equipment and supplies, bridge and gan
try cranes, steel plates, shapes and bars.
pumping machinery, scrap metals. lum-
Der, deck equipment. galley equipment,
hospital and commissary supplies and
the like.
All sales will be contaminated either
by open bidding on advertised items or
from price lists made up after careful
study Of existing market conditions and
approved by the Sales Review Board.
To prevent speculation every effort will
be made to confine sales to persons that
have actual need for the property Of
fered.
The corporation will cooperate with
other Government departments and with
the Chamber Of Commerce OF the United
States in ascertaining market conditions.
and wherever 1t appears that the I'M
loading Of any particular product will
unduly disturb the regular trade chan
nels or react unfairly upon particular
industries steps will be taken to limit
sales and to distribute them over such
periods as will most satisfactorily per-
NIT absorption.
Proposed sales will be advertised
widely in the daily newspapers of the
principal cities. Firms and individuals
regarded as possible buyers will be cir
cularized directly General information
| regarding any phase Of the sales may be
obtained from district managers or from
the home Office OF the Supply and Sales
Division at Philadelphia. All sales will
be for cash on delivery, unless they
are of such nature that guarantees OF
payment can be secured by mortgage, or
unless the conditions affecting the sales
are such as to make 1t advisable to ex-
tend short time credits.
The American Steel Exports Company
233 Broadway. New York city. got the
contract to handle all foreign sales until
September l, 1919.