Show t TRADE BAlANCE IS European Countries Draw Drew Heavily on U. U S. S for forI I Raw Materials By Associated Press WASHINGTON April 24 The The trade balance of oC the United Slates for or the fiscal ls- ls fis fiscal cal year will pass Ilass this hIs month At the end o of March larch the favora favorable favorable favor favor- a able ble balance was 2 Greatest Inc Increase e so In March larch exports was WitS In crude materials for or use in manua turing European countries drawing h heavily on this country countr for or cotton min Inn minerals minerals an and other raw products ts to re reestablish reestablish reo re- esta establish th their lr economic life The months month's shipments were worth 55 as compared with in March larch last year ar Exports of manufactures manufactures tures have declined about 2 due to the embar embargoes oes of or European countries Little change has taken place in the country's Imports as ns compared with the preceding preceding- year ear tho the total Increase for or nine months amounting to The increase l In exports has b been en |