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Show VOLUME OF TRADE DECLINED IN 1920 WASHINGTON, March . The volume vol-ume of America's foreign trsde last year was less than In Ills, despite establishment es-tablishment of a new high record In values for both exports and Imports, according; to the February review of business snd financial conditions. Issued Is-sued by the federal reserve board. The volume of ei porta of principal commodities declined about 9 per cent In 120, while the volume of imports of twenty-five principal commodltlea increased only 4 per cent. The year, the board declared, saw a tendency toward a mora balanced condition of the country'a international trade In- dlcated by the reduction In the excess r of exports over Imports. f |