Gunnison Valley News | 1926-07-15 | Page 6 | New York will be Cotton Port

New York Will Be Cotton Port New York. Plans to make New York one of the greatest cotton ports in the United States will take definite defin-ite shape Thursday when members of the New York Cotton Exchange will be asked to authorize the board of j managers to negotiate an expansion j contract with the bayway terminal, a large warehouse development at j j Elizabeth, N. J., on Staten Island i ' Sound, involving expenditure of about $5,000,000 by the terminal company. I Under the proposed contract, the Bay-way Bay-way terminal agrees to provide by I October 1, 1927, dock space of 1200 j feet to accommodate vessels of 10,000 j tons and berth space for eighteen lighters at one time, with facilities for handling daily 150 freight cars and loading or unloading 7500 bales of cot- I ton in three eight-hour shifts. A high ! density compress will be installed at j the warehouse, where cotton will be ! compressed as ordered by owners or shippers. , I