Salt Lake Tribune | 1917-03-18 | Page 14 | Germans Restrict Trade of the U.S

GERMANS RESTRICT TRADE THE U. S. Heavy Falling Off in Both Exports and Imports During Dur-ing February. VTASHTXGTON, March 17. American Ameri-can foreign trade decreased approximately approxi-mately $190,000,000 during February, the first month of Germany's unrestricted unrestrict-ed submarine warfare. In a statement issued todnv the dpnartinonf merce gives the decrease in exports as $117,0.12,650 and the decrease, in imports im-ports $42,239,675. February exports totaled $466,523,034, as compared with the corrected total of $613,,)55,G93 in January. The total purchases pur-chases abroad in February were $199,-"i76,597, $199,-"i76,597, against $341,816,2S2 in January. Janu-ary. The falling off of exports and imports im-ports was due, in the opinion of department depart-ment officials, almost wholly to Germany's Ger-many's unrestricted submarine warfare. war-fare. Exports for the eight months ending with February were $4,030,695,942, compared with $2,584,682, 72ti in the same period of 1916 and $1,634,466,017 in 1915. Imports for the eight months were $1,547,931,578, compared with $1,291,-072,933 $1,291,-072,933 in 1916 and $1,055,631,627 in 1915. The excess of exports over imports in February was $266,946,437 and $2,532,-764,364 $2,532,-764,364 for the eight months. Gold imports totaled $103,756,495 in February; exports $22,068,059. Imports of gold for the eight months were $601,703,840, compared with exports ex-ports of $132,174,727. showing a net import balance of $529,529,113.