Supplement to Commerce Reports PDF ePub eBook

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Supplement to Commerce Reports free pdf Excerpt from Supplement to Commerce Reports: Daily Consular and Trade Reports Issued by the Bureau of Foreign and Domestic Commerce, Department of Commerce, Washington, D. C Havre continues to be one of the foremost ports of Europe for the importation of American cotton. This trade in the season of 1915-16 Avas greater in vohime than in 1914-15, despite numerous obstacles. American exporters experienced the greatest difficulty in obtaining shipping space. Freight rates, normally from 30 to 40 cents per 100 pounds from (ralveston to Havre, rose steadily to$2.50, $3, and $3, 50.The net import prices were also increased by the rise in exchange. The dollar, ordinarily worth from 5.17 to 5.20 francs, advanced at one time to more than 6 francs, or a premium of 16 percent, and war-risk insurance further contributed to burden merchandise. The cost of imported cottan increased from 25 to 30 percent, and this rise naturally affected the value of the cotton at Havre in comparison with the prices prevailing in the United States. Cotton futures in the Havre market, normally To to 80 points above the New York quotations, advanced to 700 points and even exceeded 1,000 points. The imports of cotton encountered delays after their arrival in France, on account of the congestion of this port. Vessels were often detained for several weeks and instead of discharging their cargoes under a covered shed, such as is customarily used for this purpose, they had to unload it on lighters or on uncovered docks where the cotton was exposed to the weather. Railway shipments were delayed by overtaxed traffic facilities and by a shortage of rolling stock. Notwithstanding these hindrances the cotton trade in 1916 increased decidedly over the preceding year, as this table shows: In the 191415 season the largest imports of cotton were made in March- the heaviest arrivals in the 1915-16 season were in May, on account of the obstacles previously mentioned. The deliveries in 1915-16 show quite an important increase in comparison with the preceding season, although the mills in the north of France were closed. The spinners of the other manufacturing regions took more cotton than usual, because they manufactured higher numbers of thread. The cotton stocks at Havre in the 1915-16 season reached their highest point in March with 291, 941 bales, against the maximum of 287,955 bales in the preceding season. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.

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Details Book

Author : United Bureau of Foreign and D Commerce
Publisher : Forgotten Books
Data Published : 27 September 2015
ISBN : 1330769899
EAN : 9781330769898
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 36 pages
Age + : 15 years
Language : English
Rating :

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