Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-12-31

fotmed concerning sales opportuni.
ties and conditions governing busi-
reese in foreign countries, the CO.
operative Office OF the Richmond
Chamber OF Commerce is now bring
ing directly TO the attention OF big
local interests current Information
having direct hearing on ;hei:
goods
Fertilizer manufacturers. ACCORDING
10 reports from France. are finding
this season OF considerable activ-
ity there. the markets becoming very
active and showing considerable
strength y manufacturers agree
ncni nNcs the seasons price Of min
cral SEHer2hosnhaics. ~ per cent. at
lS francs per 100 klos, {. o. b. fac
tory. This agreement is intended
10 avoid decrease such as was cx-
peri"nced in the 1921 season The
market advance over the previous
season IL due 20 the increased COS;
"f raw materials. freight rates. sacks
and other various expenses.
Bone Market Weak.
The bone fertilizer market is weak
aud prices are too high. Prices, {.
q. b. factory, Thionville. for tho II
per cen; fertilizer, are quoted at l4..5
francs: for the u per cent fertilizer
at 1875 francs.
me nitrate fertilizer market is
calm and bidders are holding off.
current quotations are 80 francs per
100 kilos. with stocks of visible sup
plies insufficient for the seasons de-
mand An advance in price is OK
pected.
Sulphate Of ammonia is inactive,
ana no prices have as yet been
fined by manufacturers Nitrate Of
iiine supplies are low, and there is
slow demand for this material.
!'rices are nXeI ut - francs per
100 k!los.
The large Richmond companies
manufacturing ana exporting paper
products are watching with concern
developments associated with the re-
cent introduction into the Brazilian
senate Of a measure TO encourage
the establishment there Of a factory
producing printing paper from do
nestle raw materials. The Bra
si!'an Federal subsidy is 10 take the
form OF loan granted TO the first
company organized TO carry ont the
purpose of the hill. The loan $ not TO
,tNc,rd 90 per cent of the total value
Of the plant, computed on the basis
""o mi!rciS for each metric ton Of
hHhuh! capacity OF the establishment
he loan viii draw interest at the
rat" OF per cent ncr annum and
must be taken up within ten wears
after the beginning OF operations.
ne entire amount is TO BE deposited
III the Eanco de Brazil TO the credit
.. the hrm upon the approval OF "a
detailed prospectus OF the plant and
estimated cost OF installation. Inc
government taking over mortgage
which runs until the loun is liuui
dated.
80 Develop National Resources.
Inc purpose OF the legislation is
10 encourage the development OF the
national resources and promote ma
tlona! Industries as well as To 20
heNe the present crisis In the print
ING paper market resulting largely
iron" the depreciation OF Brazilian
currency.
The free por, of Malmo. sweden. re-
ports an important improvements for
me benefit Of foreign exporters TO
sweden, which consists OF now rail
ROAD scales by means of which heayy.
GOODS, especially motor cars, can he
weighed while passing along tho
track on railroad cars. and at a CON
s.cerao!y reduced cost. Other goods
mat can be weighed bN means o:
thtse scales are iron, pipes. barrels
hales. grain. sugar. coffee, flour, etc
y large New York shipping nrm has
announced that in the future i,,
boats viii make Malmu free MORT
mus enabling American shippers to
get through rates ana bills OF lad!ng
20 Maimo from New York. Boston,
fni!aG"lph!a and Baltimore
N!'hongh II is well known here that
p i''Hnmond machinery i.;.a big, seller
IN many countries and tSreCia!Iv i'm
Souih Africa. It is worthy OF note
2 mat I5 p>r cent Of the centrifugal
pumps used in South Africa are Of
american manufacture RichmonG
mas mad It's sGdre of This business II
j" reported. and Indications ar. tina,
tNe trade vii! be further developed
more advan'a Geous exchange
rates The centrifugal pumps are used
mostly where water can be obtained
from MYERS or streams AS there axe
H"t many streams in south Afric.
ana mono at ali in q large part Of
inc plateau region. there are no ex-
te"S.Nt areas where centr!!ugal
DUMPS can be used. The cos; OF iue,
q ip' '"G engines Operating these
pumps has always been high. and
TINS mas initiated against a NOR,
. 'N'"nS'r. use Of sliCh pumps Thcr,
IRE. however, in the Cape Province. :
Nnwh"r o; rivers which tlow in deer
h"hn"!S 50 much below the lcv,! o,
~" adjoining irrigab!o ground. ina
'he cost If !rr!SIiius by means OF
'hnaia or dams is prohih.tive. ana tn,
"niE method ava!la bl, Is to raise IN,
water onto The land by means o
pumps. This method is not Yet bc!nl
uSea extensively aS the cost Pc acr,
o' IrE!satlns H. :h!S manner has j., a,
N"V ny 20 be OF any economic value
Dat! on Imported pumps.
ne c.iy on imported pumps i'm
npfttG is par cont 40 valorenl. cx
c"pt iog those imported from Grca
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