Salt Lake Telegram | 1937-08-21 | Page 13 | Farm Products Imports Soar While Year's Exports Shrink

afm-roducts Imports Soar While Year's Exports Shrink WASHINGTON', Aug. 21 (AP) The rest of tha world told the United Statu farm producU valued at $1,539,239,000 in the 1937 fiscal year, the bureau of agricultural economic reported Saturday. This waa an Increase of nearly 1400.000,000 over the previous 12 menthsi when Wis figure wee II,. 140.727,000. A similar compilation last week of farm exports for the same period showed a decline of about 130.000,-000 130.000,-000 for the last year to a totsU of $732.S3.0OO. Imports of farm producU classed as competitive with thoee produced In ttils country were valued at $712,-662,000 $712,-662,000 for the period ended June 30, 1837, compared with J57S.S61.000 for 1935-36. These inoluded meats, grains, sugar, wool, cotton and aim-ilafproducls: aim-ilafproducls: The value of noncompetitive agricultural agri-cultural imports, such as coffee, tea, bananas, spices and rubber, was $662,226,000, compared with S4M,-237 S4M,-237 .COO a year earlier. The bureau aaid many of the Imports Im-ports gains "may be attributed almost al-most entirely to the unusual drouths in the United States in 1934 and 1936, which reduced domeatio supplies sup-plies and raised prices."