AMERICA’S TRADE
A. SHARP DECLINE AUSTRALIA BUYING LESS SOVIET PURCHASES UP (United Press Assn.—By Telegraph—Copyright.) (Rec. 8.30 p.m.) Washington, December 7. The Department of Commerce announces that the value of the United States’ foreign trade for the first ten months of 1930 declined by over 2,000,000,000 dollars. Both imports and exports are below the similar period for 1929, when the total figure was 8,123,271,000 dollars compared with 5,928,810,000 dollars for 1930. The United States’ exports to Australia for the first ten months of 1929 totalled 163,084,000 dollars; in 1930 they were 96,124,000 dollars. Imports from Australia for the same period in 1929 totalled 51,000,000 dollars; in 1930 they were 29,000,000 dollars. It is announced that the Soviet alone showed increased purchases of American goods. The import and export trade with Britain and Canada decreased sharply.
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Southland Times, Issue 21263, 9 December 1930, Page 5
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135AMERICA’S TRADE Southland Times, Issue 21263, 9 December 1930, Page 5
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