Show EXPORTS OF AMERICAN I MANUFACTURES HEAVY An eleventh elc of or all al world exports are arc arcin in manufactures a ready for consumption tro t tion shipped from American m ports rs the tho products of domestic Industry These exports do not decline They Increased heavily amidst tim the general decline In August t 1920 United States share In exports the time past fiscal or over a fifth of the world total American finished manufactures ex- ex ex exports exports ports alone wore were or 34 per cent of ot all al our exports export n August 1920 1920 total exports tell fell fel under August 11 1919 while finished manufactures exports were were-In- creasing and advancing to more mOIe than 40 lC per cent or of all al our ox- ox ports Average proportion of ot American exI exports ex ex- I ports of or manufacturers ready for c con consumption con con- n- n I to total exports In eight eight- year period 1913 1911 w av a 31 per cent n 1916 1918 it was vas wa 48 per cent In 1917 1111 43 per cent in 1918 33 per cent In ill 1919 31 per cent or back bacle to tho old level Outgo of or foodstuffs fell rel In eight months Total of or manufactured manufactured manu manu- exports rose roso In that period In the te whole list of ot ex exports exports ex- ex ports tho the most satisfactory results are arenow arenow Ire now found in exports of ot products of ot II steel co copper per cotton wool and leather and Ind in motors and electrical supplies I in full ful completed form I finished manufactures exports again as before the war exceed total trade balances by substantial margins Even Kven ven in the midst of tho war with movement of semi finished products at atI tide flood food most of ot the trade balance balanco was from the completed output of our I best skilled labor |