OCR Text |
Show U, 5. FOREIGN TRADE rMOWSWTLOSS Favorable Balance for the Fiscal Year Also Suffers a Decrease. . i ' WASHINGTON, July 23. American foreign for-eign trade decreased slightly in the fiscal year ended June 30', official figures announced an-nounced today by the bureau of foreign and domestic commerce showing a total of $8,874,000,000, compared with $S.949,- I 000,000 the year before. Imports for 1918 showed an increase of $287,000,000, with a total of $2,946,000,000. Exports decreased by $362,000,000 the total to-tal being $5,928,000,000. The trade balance for the year was $2,982,000,000, compared with $3,631,000,000 in 1917. Imports of gold amounted to only $1'4 -000.000, as compared with $977,000 000 in 1917, while exports were $191,000,000 as against $292,000,000 the year before Silver imports totaled $70,000 000 or twice the amount in 1017, and silver ex- increased from $78,000,000 to $139,- |