Salt Lake Telegram | 1938-12-27 | Page 7 | Exports to Imports

tI IS J S EXPORTS I TOP IMPORTS WASHINGTON Dec 27 INS INS INS- q I e United States rolled up a faI fat fa- fa I t rable trade balance of 1036 by the end of November est department of commerce sta H tics s showed today I Exports ExPort for the 11 months of this r aggregated while ports parts were valued at The The export surplus was the high- high 1921 although the 1928 trade balance was slightly 1 excess of November exports were valued at al and imports lithe Ithe end of November 1937 the balance of trade was only Although this years year's Port port margin is greater combined eign trade in 1937 was consid- consid Sibly I bly larger than in 1938 For the till tJ 11 months of 1937 shipments load road oad totaled and im- im ts U Dollar Value Declines Although the United States lipped larger quantities of mer- mer and goods abroad this year an an last the 1938 decline in dollar lue ue was caused by lower prices availing I gain rain movements from the United I sates vates tes to foreign markets during the st eight months of 1938 were the gest gest in quantity since the 1st st of this grain went to the Brit- Brit Aisles and northwestern Europe ports orts of grains and grains prepa- prepa lons ons so for lor this year were valued approximately as with during the responding months of 1937 improvement also was noted in 18 8 in shipments of meats fats and andi andry ry products which had fallen to her er slow levels in recent years i 1 acco shipments and exports of M h fruits also were larger than 7 IF Exports Increase the The fhe commerce department esti- esti ted that agricultural exports been be be- en January and the end of Not No- No t tuber b r were valued at U increase of approximately 65 This gain was made in the theOf theof 3 of a decline in the value of raw ton on exports Shipments of this in 1938 aggregated 1000 as compared with I if in 10 l the first 11 it months of 1937 Imports this year were about 30 lucent cent smaller in volume and 40 cent lower in value than in the I period of 1937 The red red red re- re J d imports were caused by the I iness mess recession which lowered 1 demand for raw mate- mate IB end I and nd smaller agricultural pur- pur es East year the United States was 1 ired to buy large quantities of 1 i ins ns and other farm goods abroad i j t because of drouth This years year's bumper jumper crops materially reduced the he demand for these goods