Show U S IS GAINING IN WORLD TRADE increase la shown since prewar days washington A picture of the foreign commercial and financial transactions of the united states dur ing 1025 Is given in the fourth annual international trade balance statement made public by the department of commerce in a foreword to the statement which takes into account the huge visible and so called invisible or less tangible items of trade secretary hoover pointed to the increase in total international transactions from around in 1924 to nearly last year as showing very the anor increasing importance of our foreign commercial and financial re the figure was a gain of over the 1923 total and nearl more than the annual prewar average increasing economic stability in foreign countries the secre turi said was reflected by a net import of fully one fourth of the estimated amount of american currency held abroad and by the fact that th movement of for eigners bank deposits in this country declined for the first time since 1921 during the ear the united states further strengthened its international investment position our total foreign holdings now amount to about having increased by more than during the year our total returns from foreign investments are now greater than at any time in our history in the absence of complete and nc burat curat figures which it was said would show total exports and imports both visible and invisible to be equal the statement allowing for errors and omissions estimated the final residual balance last year at against the united states the same sa me balance in 1924 was in this country s favor although the excess of exports in merchandise dropped from the 1024 figure and a marked increase of in imports of new foreign securities was shown over that year these were balanced by eaulia lent credit changes |