Word: shipment
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Dates: during 1920-1929
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...French; 3) The chief regions of demand are Egypt and South America; and the leading cities of consumption are Alexandria, Buenos Aires and Rio de Janeiro; 4) The chief European port through which "white slaves" pass is Marseille, France; but Lisbon, Portugal, and Piraeus, Greece, are auxiliary ports of shipment in which conditions are?if possible? more debased than at Marseille; 5) The Anglo-Saxon countries scarcely figure in the international traffic but recruit their "white slaves" locally...
...other conditions stimulated the shipment: 1) A fortnight ago transatlantic steamships reduced their freight charges from $3,750 to $1,500 for each $1,000,000 of gold carried; 2) The pound sterling increased in international value above its par of $4.8665 to $4.8828. Theoretically when the pound sterling becomes worth $4.8875 it is worthwhile for U. S. banks to send gold to England. The difference of 2.1 cents is enough to pay for freight, insurance ($450 for every $1,000,000), cooperage ($60), cartage ($50), brokers' fees and loss of interest. Last week, although the pound's value...
...member, some large private bank with which it is affiliated may give it re-discount service. The Federal Reserve banks have been fairly liberal at discounting commercial paper which represented commerce within the U. S. Foreign transactions are more risky than domestic. Longer time intervenes between shipment and payment; facts about a foreign businessman's credits are less certain; goods may be lost or damaged in shipment. Therefore the Federal Reserve banks have been reluctant to accept foreign trade acceptances for re-discount. Of the nearly billion dollars worth of such paper in the U. S., the Federal Reserve...
...should be observed, however, to prevent a duplication of financing, and a second acceptance arising out of the same transaction or series of transactions involving the same goods should be in effect merely an extension of an already existing credit. Thus, if one acceptance is issued to finance the shipment of goods to a foreign country and a second acceptance is issued to finance the distribution of such goods into the channels of trade, the proceeds of the second acceptance should be used to retire the first acceptance...
...unwelcome tenants without its express permission. Then the company obtained from Judge F. P. Schoonmaker of the U. S. District Court an injunction for the union men's eviction, on the ground that they were hampering the company's business, part of which is the interstate shipment of coal. To hamper interstate trade, said the company, is to violate the Sherman and Clayton Acts. Judge Schoonmaker agreed and wrote into the injunction a number of other prohibitions wanted by the company, against the unionists throwing rocks at company officials or dynamiting company land, against trespassing, loitering or even...