Full text: Warehouses in foreign countries for storage of merchandise in transit or in bond

FRANCE! PARTS. 
25 
both The warrant and the receipt to the buyer, who ran then himself 
arrange as to leaving the goods or taking them from the warehouse. 
The holder of a warrant who has lent money on deposited goods 
can sell the goods after eight days’ protest—i. e., if the loan is not 
repaid at the time stipulated, the goods can be disposed of by the 
lender as if they were his own. The company is responsible for all 
irregularities, and therefore assures itself that goods deposited are in 
the condition stated in the documents. Any merchant holding a bill 
properly made out can call at the offices of the company and give 
instructions for the delivery or acceptance of goods. He may dis 
count the value up to 70 or 80 per cent, or he may have them deliv 
ered to a third party and discount his invoice. 
STORAGE OF GOODS. 
Americans do not make much use of these warehouses, and the little 
use they do make of them is principally for agricultural machinery. 
No distinctions are made as to nationality; indeed, one of the provi 
sions of the concession to the company is that no exception or favor is 
to be shown to anyone. 
Goods remain in the warehouses for any period from ten days to 
two years, but the company calculates that on an average the ware 
houses are full for six months in the year. Sugar is often deposited 
for ten days because of the special facilities accorded, thus enabling 
a merchant to realize immediately on his stock. 
The goods generally stored in the warehouses in Paris are sugar, 
coffee, grain, coal, wood, stone, wine and spirits, chemicals, hardware, 
dry goods, oils, raw goods. In 1908 as many as 4,500,000 sacks (of 
100 kilograms [220.40 pounds | each) of sugar were stored with the 
company in Paris at one time, and over 1,000,000 sacks in the ware 
houses of the same company in the provinces. About 9,000,000 sacks 
°f sugar alone passed through the company’s hands in the course of 
the year. 
CHARGES. 
The tariff varies according to the kind of goods. Thus sugar (raw) 
pays hut 1 franc ($0,193) per month per 1,000 kilograms (2,204.0 
pounds), with 1.50 francs (29 cents) per 1,000 kilograms for cost of 
handling when goods are received and sent out. Tobacco pays 2 francs 
per 1,000 kilograms per month, with 3 francs (57.9 cents) per 1,000 
kilograms for handling. Machines, packed, pay 2 francs per 1.000 kil 
ograms per month, with 75 centimes ( 14.5 cents) per hour for the time 
occupied in handling. Coffee pays 1 franc only, with 2 francs for 
handling. Crain pays 10 centimes (2 cents) per sack of 100 kilograms 
(220.40 pounds) per month ; handling, weighing, etc., according to 
special tariff supplied by the company. Vanilla, being a valuable 
commodity, pays 10 francs ($1.93) per 1,000 kilograms per month, 
with 4 francs (0.772) for handling. 
HANDLING OF GOODS. 
I he cost of removal of goods is fixed in the tariff of the company. 
1 lie work is undertaken by the company itself wiJi its own wagons, 
barges, and locomotives.
	        
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