TRADE CUSTOMS AND PRACTICES, By H. A. HARING THE RONALD PRESS COMPANY NEW YORK HF3455 MAIN LIBRARY-GRICULTURE DEPT. Copyright, 1925, by THE RONALD PRESS COMPANY All Rights Reserved The commercial warehouse represents one link in the distribution of goods from source to consumer, and is ever increasing in importance. It is, also, one step in the marketing of goods which achieves great economies; it cuts costs. Yet the business of warehousing, in its many types, has grown so rapidly and has so imperceptibly interwoven itself into the fabric of commerce that many of its economic services are not generally recognized. To set forth present-day practices and principles of the warehouse is the purpose of this book. It is designed to benefit equally the warehouseman and his patron, the banker and the underwriter, as well as all who are interested in the broad subject of marketing. To a large extent the owner of warehoused goods, the banker who loans against such goods and the underwriter who insures them, have had at their disposal little in the way of information about the warehousing business. They have lacked, in particular, all means for judging the fitness of distant warehousemen, of knowing such important matters as warehouse usages, the basis of charges, the manner of warehouse supervision, or the laws for warehouse regulation. To supply this need is the object sought in these pages. To this end there has been compiled for each important type of warehousing information covering the special requirements of that particular type; the peculiar conditions surrounding it in relation to freight movement, borrowing and insuring; the statutory regulations of the several States; the warehouse rules of such trading exchanges as apply; and the schedule of charges both for storing the goods and for incidental services. In the investigations of warehousing facilities, the author has been obliged to depend mostly upon personal interviews with warehousemen and warehouse patrons in various parts of the country. A first-hand study has, in addition, been made of railroad tariffs and warehouse documents; the regulations of the commodity exchanges; circulars and publications of the Federal Reserve Board relating to warehousing; the office files of the ware 592741 house commissioners of more than thirty States, as well as those of the Department of Agriculture. The great bulk of the material has come, however, from those who have given generously of their time for interviews and correspondence-men up and down the country, within and without the warehousing industry. Without their suggestions and their assistance this volume would have been impossible. Woodland, N. Y., October 10, 1925. H. A. HARING CONTENTS III THE FUNCTIONS OF WAREHOUSING (Continued) IV THE ECONOMIC SERVICES OF WAREHOUSING V HOUSEHOLD GOODS AND MERCHANDISE WAREHOUSING VIII FREIGHT RATES AND WAREHOUSING XII THE UNITED STATES WAREHOUSE ACT XIII THE MECHANICS OF WAREHOUSING |