Show Condition of Worlds Words Trade Shows Advance The Tho Information following Is ob- ob by bable and by mail from approximately ap ap- proximately representatives of ot the tho United States government stationed inthe In Inthe Inthe the worlds world's Industrial and commercial centers and is gathered and published by the United States department of commerce for the Information of Am American business men in particular but the tho citizenry of the country as a whole now that all nil are Interested inthe Inthe in inthe the worlds world's activities AUSTRALIA AUSTRALlA Economic conditions continue to show a gradual Improvement as a whole so that now a general tee feeling ling of renewed confidence has been The statistics of or foreign trade for tor each of ot the last few months have shown the value of or exports to be appreciably ap appreciably appreciably ap- ap larger than the value of imports im- im Imports imports im Im- ports and the tho resulting credits abroad have bror ht relief to the exchange situation which was so unfavorable afew a afew few tew months ago Weather conditions have beep been so as to practically assure a wheat crop in the tho neighborhood of ot bushels The government has also proposed to advance approxImately approximately approximately for the formation of ot a government pool to aid the fruit t canners and preservers All restrictions restrictions restrictions regarding wool for export have now been removed JAPAN Except for tor some Increased activity in the cotton yarn jarn raw silk silk textile textile textile tex tex- tile and rice markets trade and industry industry industry indus indus- try In other lines remain depressed CHINA 1 The export condition has shown no improvement but the tho import conditions conditions conditions condi condi- have improved particularly in regard to the cotton piece goods mar mar- I bet ket I GR GREAT AT BRITAIN With a continued decrease In the I cost of ot living slow to be sure but with i total unemployment slightly on the Increase over the holidays British trade may be said to be realizing bu bua but buta t a weak weal readjustment The textile trades however report some Improvement Improve Improve- ment A new low level for the year of or ships launched by the Clyde builders was reached in November when only seven Y vessels a aggregating tons were sent Rent down the ways European customers took 37 per cent of ot British exports in 1913 Contrary to a rather I common Impression the period since the armistice has not shown a proportionate proportionate proportionate loss of continental markets to Great Britain but actually registers an I Increase to 44 per cent for the period from January 1 I 1919 to September 30 30 1921 FRANCE Improvement in French Trench employment conditions accompanies the continued activity In textile mills and the brighter outlook in the chemIcal in In- In There Thero has been heen a marked increase In Increase Increase In- In crease In the importation of foodstuffs and falling of off in the value of or manufactured manufactured manu manu- goods and raw materials Exports Exports Exports Ex Ex- ports have been off Unemployment is unimportant only being listed as out of work in the whole country ITALY ITAL Industrial Improvement In Italy Is marked in the textiles especially wool cotton and silk The automobile and metallurgical trades are on the up up- up grade The cost of living is also continuously continuously continuously con con- increasing and Is causing considerable worry to the government Unemployment has also show shown i a slight Increase CZECHO CZECHOSLOVAKIA This is one of ot the richest territories in Europe with regard to natural re resources resources resources re- re sources and and industrial development Before the war more than 75 per cent of the Industrial output of ot the whole Hungarian Austro empire came from Czecho Slovakia and today Its budget is balancing and its trade Is growing showing a favorable balance for the tho first nine months of 1921 Suffering is most acute from lack of raw mate onate- fluctuation of ot the exchange and the resultant high prices and wages as aswell aswell aswell well as from the uncertainty in the neighboring st states es RUSSIA Importation of ot products Into soviet Russia In 1921 showed a marked Increase in increase increase In- In I crease over 1920 but is still very small as compared with pre prewar tar times Announced Announced Announced An An- changes in the economic polIcy policy policy pol pol- icy of at the tha government with the abandonment of socialism may have some effect If such a change Is made |